Valuation dashboard for COPT Defense Properties (CDP) with P/E 23.62, P/B 2.53, EV/EBITDA 15.22 and dividend yield 3.69%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Real Estate companies.
COPT is a Real Estate Investment Trust (REIT) that focuses on the ownership, management, leasing, development, and strategic acquisition of office and data center assets. The majority of its portfolio is dedicated to serving the United States Government and its contractors, particularly those engaged in national security, defense, and information technology (IT) operations, which the company identifies as growing, resilient, and high-priority missions.
Analysis Summary
COPT Defense Properties reported revenue of $763.9M in the most recent fiscal year, growing at a 5-year CAGR of 5.5%. Net income reached $152.3M, with a 9.4% 5-year CAGR.
Trailing-twelve-month margins: gross margin 37.6%, operating margin 30.3%, net margin 20.9%.
At $34.25 (closing price, October 29, 2026), CDP trades at a P/E of 23.62 and an ROE of 10.82%. Market capitalisation stands at $3.9B.
Balance sheet quality for CDP: current ratio of 1.6. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 23.62 |
| Price / Book | 2.53 |
| EV / EBITDA | 15.22 |
| Dividend Yield | 3.69% |
Valuation Models
| DCF Fair Value | $49.39 |
| vs Current Price | +44.2% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| CDP | COPT Defense Properties | $3.9B | 23.62 | 2.53 | 10.8% |
| PSA | Public Storage | $59.2B | 33.20 | 4.03 | 18.0% |
| VNO | Vornado Realty Trust | $6.6B | 1,063.14 | 1.12 | 1.1% |
| OUT | Outfront Media Inc. | $5.7B | 23.05 | 8.18 | 35.9% |
| RYN | Rayonier Inc. REIT | $5.7B | 39.59 | 0.57 | 2.0% |
| HIW | Highwoods Properties, Inc. | $3.4B | 20.07 | 1.42 | 7.9% |
Price
| Price | $34.25 (closing price, October 29, 2026) |
| Market Cap | $3.9B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 10.82% |
| Return on Invested Capital | 5.24% |
| Return on Assets | 3.63% |
| Gross Margin | 37.63% |
| Operating Margin | 30.33% |
| Net Margin | 20.92% |
Related companies: PSA · VNO · OUT · RYN · HIW
Explore sector: Real Estate · REIT - Office
More sections of CDP: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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