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Healthpeak PropertiesDOC -0.71%78 Intrinsic Value: Projected FCF is $23.76 as of Jul. 22, 2026, which is 2428% above its 10-year median of 0.94. GuruFocus rates DOC with a GF Score™ of 78/100 and a GF Value™ of $19.72 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 619 REITs companies, Healthpeak Properties ranks worse than 68.17% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for Healthpeak Properties's Intrinsic Value: Projected FCF or its related term are showing as below:
DOC'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.69 Med: 0.94 Max: 1.41
Current: 0.94
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Healthpeak Properties was 1.41. The lowest was 0.69. And the median was 0.94.
DOC's Price-to-Projected-FCF is ranked worse than 68.17% of 619
companies
in the REITs industry
Industry Median: 0.68
vs DOC: 0.94
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Healthpeak Properties's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
22.44
/
23.762136732721
=
0.94
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Healthpeak Properties Intrinsic Value: Projected FCF Related Terms
Healthpeak Properties Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Healthpeak Properties's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DOC vs OHI, AHR, CTRE: Intrinsic Value: Projected FCF Comparison
For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Healthpeak Properties Price-to-Projected-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Healthpeak Properties's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Healthpeak Properties's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of $23.76 mean?
Healthpeak Properties (DOC) has a Intrinsic Value: Projected FCF of $23.76 as of Jul. 22, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Healthpeak Properties and its competitors. This is 2428% above median its historical median of 0.94. Over the past decade, Healthpeak Properties' Intrinsic Value: Projected FCF has ranged from 0.69 to 1.41. According to the industry distribution chart, Healthpeak Properties ranks #422 out of 619 companies in the REITs industry, placing it in the top 68.2%.
Is Healthpeak Properties' Intrinsic Value: Projected FCF too high?
Healthpeak Properties' current Intrinsic Value: Projected FCF of $23.76 is 2428% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.41. The REITs industry median Intrinsic Value: Projected FCF is 0.68. Healthpeak Properties' value of $23.76 is 3394.1% above this industry median. Based on the distribution chart, Healthpeak Properties ranks #422 out of 619 companies in the REITs industry, which is below the industry midpoint. Overall, Healthpeak Properties has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Healthpeak Properties' Intrinsic Value: Projected FCF compare to OHI and AHR?
According to the REITs industry distribution chart, Healthpeak Properties ranks #422 out of 619 companies for Intrinsic Value: Projected FCF. This places Healthpeak Properties in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.68. Healthpeak Properties' value of $23.76 is 3394.1% above this benchmark. Historically, Healthpeak Properties' own Intrinsic Value: Projected FCF has ranged from 0.69 to 1.41 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.68, Healthpeak Properties has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a REITs company?
The median Intrinsic Value: Projected FCF among REITs companies is 0.68, based on 619 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Healthpeak Properties's current Intrinsic Value: Projected FCF of $23.76 is 3394.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Healthpeak Properties and its competitors. For the REITs industry, the median Intrinsic Value: Projected FCF is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthpeak Properties's current Intrinsic Value: Projected FCF is $23.76, which is 2428% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Healthpeak Properties stock overvalued right now?
Based on GuruFocus' analysis, Healthpeak Properties (DOC) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.72, compared to a current price of $22.44 — trading 13.8% above its estimated fair value. The current Intrinsic Value: Projected FCF is $23.76, which is 2428% above median its 10-year median of 0.94 and 3394.1% above the REITs industry median of 0.68. Healthpeak Properties' overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Healthpeak Properties (DOC), the current Intrinsic Value: Projected FCF is $23.76 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Healthpeak Properties (DOC) Overvalued in 2026?
Based on GuruFocus' analysis, Healthpeak Properties stock appears to be overvalued.
The current stock price of $22.44 is trading 13.8% above its estimated GF Value™ of $19.72.
GuruFocus considers Healthpeak Properties to be Modestly Overvalued.
Key valuation signals for DOC:
Intrinsic Value: Projected FCF: $23.76 (2428% above median its 10-year median of 0.94)
GF Value™: $19.72 vs. price of $22.44 (13.8% above fair value)
Industry Position: 3394.1% above the REITs median (#422 of 619)
No single metric tells the full story. See the DOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Healthpeak owns a diversified healthcare portfolio of approximately 700 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.
78GF Score
Get the complete analysis for DOC
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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