Millrose Properties Inc (MRP)

NYSE · Real Estate · REIT - Residential · USA

Millrose Properties Inc is a mid cap company (market value between $2 billion and $10 billion) in the REIT - Residential industry.

Millrose Properties acquires and develops residential land, then resells completed homesites to homebuilders via option agreements with fixed pricing and purchase timelines. The company generates revenue from recurring monthly option fees paid by homebuilders and interest on development loans secured by residential properties across multiple states.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Millrose Properties Inc stock.

Our verdict on MRP

Not valued: We cannot value this company yet.

We do not publish a value for this company: its filings cover one fiscal year and projecting growth needs four in a row.

ETFs with the most weight in MRP

17 more funds hold it; the full list is part of the paid plan.

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Is MRP undervalued or overvalued?

We do not publish a verdict on MRP yet. A discounted cash flow projects five years of revenue, so it needs this company’s own growth history: four consecutive fiscal years of accounts, which give three year-on-year growth rates. Its filings on our archive cover one fiscal year so far; the next annual report should close the gap. We could plug in a generic rate, but that would be a valuation of an average company, not of this one.

What is the intrinsic value of MRP?

We do not publish one (as of the 2026-10-30 close). A discounted cash flow projects five years of revenue, so it needs this company’s own growth history: four consecutive fiscal years of accounts, which give three year-on-year growth rates. Its filings on our archive cover one fiscal year so far; the next annual report should close the gap. We could plug in a generic rate, but that would be a valuation of an average company, not of this one.