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DCF valuation

What is Bluerock Homes Trust, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Bluerock Homes Trust, Inc.'s reported free cash flow gives $24.14 per share. The share price was $8.01 on September 24, 2026, 67% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$10.4M
Average free cash flow, last 5 years
$1.5M
Cash
$172.1M
balance sheet of June 30, 2026
Debt
$421.9M
balance sheet of June 30, 2026
Diluted shares, fiscal 2025
3,889,301
Revenue growth per year, last 3 years
67.5%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear10.0%6.0%2.0%10.0%-$10.54-232%
Base15.0%9.0%2.5%9.0%$24.14+202%
Bull20.0%11.5%3.0%8.0%$88.71+1,008%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$50.40$58.58$68.59$81.10$97.18
8.0%$30.67$35.98$42.26$49.79$58.99
9.0%$16.32$19.95$24.14$29.03$34.80
10.0%$5.44$8.02$10.95$14.29$18.15
11.0%-$3.07-$1.18$0.94$3.32$6.01

Where the presets come from

Base: years 1 to 5 grow at Bluerock Homes Trust, Inc.'s revenue growth rate over the last 3 fiscal years (67.5% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Bluerock Homes Trust, Inc. company page