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EastGroup Properties Inc (EGP) Fair Value & Analysis

Real Estate · US · Market cap $10.7B · ISIN US2772761019

What is EastGroup Properties Inc really worth?

EP EastGroup Properties Inc logo EastGroup Properties Inc EGP · US
Price$198.47
Fair Value$81.41
Upside−59.0%
Quality49/100

Below-average quality, and trading another 144% above our fair value of $81.41.

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Strengths

Healthy Growth (revenue 5y +14.7 %/yr)
Highly profitable · 39.8% net margin
Low debt · generates free cash flow
Wide moat 66/100

Risks

!Trails peers (4/15)

For context

·3.05% dividend yield
Evidence: High Range $60.38 – $101.76

Fair value as of: Sep 5, 2026

From 14 valuation models · updated today

Share price −2.8% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case ($101.76). The favourable scenario is already priced in.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (5 years)

$223.38 $123.54 Fair Value $81.41 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 5, 2026.

How to read this chart

60‑month range $123.54 – $223.38 · fair‑value band $60.38 – $101.76 · the $198.47 price screens above the $81.41 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 5, 2026.

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Analysis

EastGroup Properties Inc (EGP) currently trades at $198.47, while our model-based Fair Value estimate is $81.41, implying the stock looks roughly 143.8% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Real Estate sector. Bull case: the DCF Models group reads highest at a median of $135.25 per share, and 0 of the 14 models we run sit above the $198.47 price. Bear case: the Asset-Based group reads lowest at $43.58, and 14 of the 14 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, EastGroup Properties Inc generated revenue of $735M at a net margin of 39.8%. Revenue grew 9.1% year over year. It earns a return on equity of 8.5%. Net debt stands at $1.8B. Fundamentals as of Sep 5, 2026

Our scenario range runs from $60.38 (bear case) to $101.76 (bull case); at $198.47, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 4% below its 52-week high and 28% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −43% fair-value upside, at −59%, EGP screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF $64.43 $135.25 $254.95 76
Residual Income $53.25 $56.40 $61.59 76
Growth DCF $64.27 $130.66 $240.78 74
All 14 models by family
DCF Models
FCF DCF $64.43 $135.25 $254.95 76
5Y Revenue Exit $33.01 $71.00 $120.72 70
5Y EBITDA Exit $74.56 $154.86 $254.10 72
10Y Revenue Exit $41.33 $80.49 $136.85 64
10Y EBITDA Exit $70.26 $141.20 $246.22 65
Multiples
P/S Multiple $61.06 $81.41 $101.76 58
P/B Multiple $61.06 $81.41 $101.76 55
EV/EBIT $58.32 $87.74 $117.16 65
EV/EBITDA $89.66 $129.53 $169.40 67
EV/Revenue $18.73 $39.59 $60.46 51
Asset-Based
NCAV (Graham) $32.52 $43.58 $65.04 54
Growth DCF
Growth DCF $64.27 $130.66 $240.78 74
Rev-Margin DCF $33.01 $70.33 $114.56 70
Economic Profit
Residual Income $53.25 $56.40 $61.59 76

Widest divergence: DCF Models ($135.25) versus Asset-Based ($43.58). Highest evidence: FCF DCF (76).

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Key figures & financial health

P/E ratio 36.0
P/S ratio 12.9 P/E × margin
EPS (TTM) $5.51 price ÷ EPS = P/E 36.0
Dividend yield 3.0% payout 110%
Net margin 35.7% FY2025
Return on equity 8.5% TTM
More key figures
Profitability
Return on assets (EBIT) 7.9% avg 5y
Operating margin 40.2% TTM
Growth
Revenue (TTM) $735M TTM
Revenue growth (YoY) +9.1% 3y avg +14.0%
EPS growth (YoY) +55.3%
Balance sheet & cash flow
Free cash flow $405M FY2025
Net debt $1.8B FY2025 · ≈ 4.3 yrs of FCF

Figures from reported company fundamentals · as of Sep 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 63

Profitability 38
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 93
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 34
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 71
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

EastGroup Properties, Inc. a member of the S&P Mid-Cap 400 and Russell 2000 Indexes. It is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona and North …

Full company description

EastGroup Properties, Inc. a member of the S&P Mid-Cap 400 and Russell 2000 Indexes. It is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 20,000 to 100,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. East Groups portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 65.5 million square feet. EastGroup Properties, Inc. was incorporated in 1969 and is based in Ridgeland, United States.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

EastGroup Properties Inc reported revenue of $721M in FY2025 versus $409M in FY2021, a compound +15.2%/yr. Reported net income was $257M in FY2025, compounding +13.1%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
$721M
Latest YoY
+13.0%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.0%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.7%
Avg. revenue growth/yr (40Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.6%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+11.3% (8.3 + 3.0)
Revenue +15.2%/yr
FY21 $409M
FY22 $487M
FY23 $566M
FY24 $639M
FY25 $721M
Net income +13.1%/yr
FY21 $158M
FY22 $186M
FY23 $200M
FY24 $228M
FY25 $257M
Character of growth · EPS growth decomposed (2012-2023) +15.3 % p.a.
Revenue per share +6.0 %

of which total revenue +10.3 % · buybacks/dilution −3.8 %

EBIT margin +8.5 %
Tax rate +6.9 %
Residual (interest, one-offs) −6.2 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

EGP screens 144% overvalued. Compare with Prologis, Inc →

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Cite: Fair Value Calculator (2026). "EastGroup Properties Inc Fair Value". https://www.fairvalue-calculator.com/stock/EGP

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

REIT - Industrial · 56 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 47 · Below median
Fair Value upside −59% · Bottom 25%
Return on equity (TTM) 8% · Above median
Return on assets 3% · Top 25%
Net margin (TTM) 40% · Below median
Operating margin (TTM) 40% · Bottom 25%
Revenue growth 9% · Top 25%
Dividend yield (TTM) 3.0% · Bottom 25%
Debt / equity 0.46× · Lower than median

Valuation Multiples vs REIT - Industrial median · lower = cheaper

P/E (TTM) 36.0× · Pricier than 75% of peers
P/B 3.07× · Pricier than 75% of peers
P/S (TTM) 14.62× · Pricier than 75% of peers
P/FCF 26.5× · Pricier than 75% of peers
EV/EBITDA 25.7× · Pricier than 75% of peers
PEG 8.42× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 7
FUTURE46 · sector 16
PAST34 · sector 29
HEALTH77 · sector 77
DIVIDEND61 · sector 100

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more REIT - Industrial stocks, each showing price versus our Fair Value estimate (as of Sep 5, 2026).

Stock Price Fair Value vs Fair Value
Prologis, Inc PLD $140.70 $61.28 −56%
Public Storage, a member of the S&P 500, PSA $311.20 $162.43 −48%
Extra Space Storage Inc EXR $140.12 $78.38 −44%
Lineage, Inc LINE $39.32 $47.91 +22%
CapitaLand Ascendas REIT (CLAR) A17U 2.44 SGD 2.00 SGD −18%
CubeSmart CUBE $39.73 $25.06 −37%
First Industrial Realty Trust, Inc FR $62.39 $20.72 −67%
Rexford Industrial Realty, Inc REXR $36.39 $20.69 −43%
STAG Industrial, Inc STAG $37.18 $21.64 −42%
Terreno Realty Corporation TRNO $66.59 $36.59 −45%

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Frequently asked questions

Is EastGroup Properties Inc (EGP) overvalued or undervalued?
As of Sep 5, 2026, our model estimates a fair value of $81.41 versus a price of $198.47, about −59% upside (overvalued).
What is the fair value of EGP?
Our model-based fair value for EastGroup Properties Inc is $81.41 (as of Sep 5, 2026), built from audited fundamentals. The current price: $198.47.
What is the quality score of EGP?
EastGroup Properties Inc has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of EastGroup Properties Inc (EGP)?
EastGroup Properties Inc reported trailing-twelve-month revenue of about $735M (latest available figure, as of Sep 5, 2026).
What is the net profit margin of EGP?
The net profit margin of EastGroup Properties Inc is about 39.8%, meaning it keeps roughly 39.8% of revenue as net income. Based on the latest reported figures.
Does EastGroup Properties Inc pay a dividend?
EastGroup Properties Inc currently shows a dividend yield of about 3.05% relative to its recent price (as of Sep 5, 2026).
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