Office Properties Income Trust (OPI) valuation

OPI: undervalued.

Figures as of the 2026-09-22 close.

How is OPI's intrinsic value calculated?

Discounting its cash flows at 6.3% values the shares at $43.09; the price of $17.68 is 59% below that value, and 85% of that value comes from beyond year five. The value is recomputed every night after the US close, from the company's own filings with the SEC and the day's closing price.

Is OPI in the buy zone?

We call it the buy zone when the price is at least 20% below our estimate of intrinsic value. OPI trades at $17.68 against a value of $43.09, a margin of safety of +59.0%: it is in the buy zone. A margin of safety is room for our estimate to be wrong, not a forecast.

At what price would OPI be in the buy zone?

It already is. The buy zone starts at $34.47, which is 20% below our estimate of $43.09, and OPI trades at $17.68.