Eastgroup Properties Inc (EGP) is overvalued and Rexford Industrial Realty Inc (REXR) is overvalued.
Both trade above our estimate of their intrinsic value. REXR is the closer of the two: -61%, against -110% for EGP.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.4% (average of 3 methods) values the shares at $96.81; the price of $203.44 is 110% above that value, and 75% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
Discounting its cash flows at 9.0% (average of 2 methods) values the shares at $23.75; the price of $38.23 is 61% above that value, and 77% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | EGP | REXR |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $203.44 | $38.23 |
| Intrinsic value | $96.81 | $23.75 |
| Margin of safety | -110% | -61% |
| Leak Score | 0/100 (2/12) | 0/100 (2/12) |
| Market cap | $10.9B | $8.5B |
| Revenue growth, 5 years | 14.5% | 24.4% |
| Operating margin | 40.5% | 39.4% |
| Net margin | 40.5% | -40.5% |
| Return on equity | 8.7% | -4.8% |
| Debt to equity | 0.47 | 0.45 |
| P/E | 35.7x | — |
| Forward P/E | 34.9x | 25.1x |
| P/B | 3.1x | 1.1x |
| Dividend yield | 3.1% | 4.6% |