Apple Hospitality REIT Inc vs RLJ Lodging Trust

Apple Hospitality REIT Inc (APLE) is slightly undervalued and RLJ Lodging Trust (RLJ) is undervalued.

Against our estimates of intrinsic value, RLJ trades at the wider discount: a margin of safety of +76%, against +14% for APLE.

Values as of the 22 Sept 2026 close.

Apple Hospitality REIT Inc (APLE)

Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $18.37; the price of $15.78 is 14% below that value, and 79% of that value comes from beyond year five.

Leak Score 30/100 on 2 of 12 signals

RLJ Lodging Trust (RLJ)

Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $45.88; the price of $11.03 is 76% below that value, and 79% of that value comes from beyond year five.

Leak Score 72/100 on 8 of 12 signals

MetricAPLERLJ
VerdictSlightly undervaluedUndervalued
Price$15.78$11.03
Intrinsic value$18.37$45.88
Margin of safety+14%+76%
Leak Score30/100 (2/12)72/100 (8/12)
Market cap$3.7B$1.7B
Revenue growth, 5 years18.6%23.3%
Operating margin17.8%9.5%
Net margin12.2%0.1%
Return on equity5.5%1.3%
Debt to equity0.511.31
P/E21.3x1869.5x
Forward P/E21.3x320.1x
P/B1.2x0.9x
Dividend yield6.1%5.4%

All stocks in REIT - Hotel & Motel