What is Elme Communities worth?
With the base-case assumptions below, a discounted cash flow model on Elme Communities's reported free cash flow gives $26.02 per share. The share price was $1.73 on September 25, 2026, 93% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 1.5% | 10.0% | $21.94 | +1,168% |
| Base | 6.5% | 9.0% | $26.02 | +1,404% |
| Bull | 11.5% | 8.0% | $34.14 | +1,874% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $29.03 | $29.95 | $31.07 | $32.47 | $34.28 |
| 8.0% | $26.78 | $27.38 | $28.08 | $28.93 | $29.96 |
| 9.0% | $25.14 | $25.55 | $26.02 | $26.57 | $27.21 |
| 10.0% | $23.89 | $24.18 | $24.51 | $24.88 | $25.32 |
| 11.0% | $22.91 | $23.12 | $23.36 | $23.62 | $23.93 |
Where the presets come from
Base: years 1 to 5 grow at Elme Communities's revenue growth rate over the last 5 fiscal years (6.5% 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