What is CBRE Group, Inc. (CBRE) DCF Fair Value and Intrinsic Value in 2026?

CBRE Group, Inc. (CBRE) intrinsic value is calculated using conservative multi-stage Discounted Cash Flow (DCF) models, 5-year free cash flow trajectories, Graham Numbers, and owner earnings multiples. LocalAlpha tracks real-time margin of safety against live market prices.

What is CBRE Group, Inc.'s historical Return on Invested Capital (ROIC) and Moat Rating?

CBRE Group, Inc. operates in the Real Estate sector (Real Estate Services) with an economic moat rating of NARROW. LocalAlpha tracks 5-year audited quarterly ROIC, operating margin stability, and balance sheet solvency ratios.

What is CBRE Group, Inc.'s financial health rating and Piotroski F-Score?

CBRE Group, Inc.'s balance sheet quality is evaluated using the 9-point Piotroski F-Score, Altman Z-Score solvency model, debt-to-equity ratio, and quick/current liquidity coverage to guard against financial distress.

How does LocalAlpha monitor CBRE Group, Inc. (CBRE) for quarterly SEC filing thesis breaks?

LocalAlpha audits CBRE Group, Inc.'s 10-K, 10-Q, and 8-K regulatory filings on SEC EDGAR within 15 minutes of release. If reported metrics breach an investor's custom ROIC floor, operating margin boundary, or qualitative risk criteria, an autonomous breach audit is dispatched immediately.

StocksCBRE

CBRE

CBRE Group IncReal Estate / Real Estate ServicesINTACT

CBRE Group, Inc. operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The company operates through Advisory Services, Building Operations and Experience, Project Management, and Real Estate Investments segments. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, lease administration, accounting, investment reporting services, financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting. The Global Workplace Solutions segment provides facilities management, and project management services comprising building consulting, program, and project and cost management services under the Turner & Townsend brand name. The Real Estate Investments segment offers investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors and development services, such as real estate development and investment activities under the Trammell Crow Company brand to users and investors in commercial real estate, and for their own account. CBRE Group, Inc. was founded in 1906 and is headquartered in Dallas, Texas.

Share Price

$141.06

52W: $121.69 - $174.27

DCF Fair Value

$75.30

-87.3% Premium

Thesis Hub

P/E (TTM)

32.3x

ROIC

Operating Margin

3.6%

FCF Yield

Debt / Equity

1.18x

Piotroski Score

6/9

Altman Z-Score

4.43

Market Cap

$40.8B

Price vs. Intrinsic Value Corridor

Overvalued vs DCF ($75.30)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)

—()

Period Range

$— - $—

DCF Fair Value

$75.30

MOS Buy Target (-25%)

$56.48

Valuation Overlays: DCF Fair Value ($75.30) 25% MOS Buy Target ($56.48) Revised Graham ($66.10) Graham Number ($53.37)

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price

$141.06

DCF Fair Value

$75.10

-87.8% Premium

Starting Free Cash Flow ($M)$1,638M

$100M$1,638M (Reported)$50,000M

Stage 1 Growth (Years 1-5)5.3%

-5%10% (Target)35%

Stage 2 Growth (Years 6-10)4.5%

0%5%20%

Discount Rate (WACC / Hurdle)9.0%

6%9% (Standard)15% (High Risk)

Terminal Perpetual Growth2.5%

1% (GDP Floor)2.5% (Inflation)4.0%

Net Debt ($M)$9,300M

-$100B CashBalance Sheet+$150B Debt

10-Yr PV of Cash Flows

$13.5B

PV of Terminal Value

$17.6B

Implied Enterprise Value

$31.1B

Implied Equity Value

$21.8B

Year	Yr 1	Yr 2	Yr 3	Yr 4	Yr 5	Yr 6	Yr 7	Yr 8	Yr 9	Yr 10
Projected FCF ($M)	$1,725	$1,816	$1,912	$2,014	$2,121	$2,216	$2,316	$2,420	$2,529	$2,643
Present Value (PV)	$1,582	$1,529	$1,477	$1,427	$1,378	$1,321	$1,267	$1,214	$1,164	$1,116

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-164.3% Premium

$53.37

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $4.37BVPS: $28.97

Revised Graham Formula-113.4% Premium

$66.10

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Growth Rate (g%)

Bond Yield (Y%)

Buffett Owner Earnings3.8% Yield

$5.37 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $1.6BYield: 3.8%

Reverse DCF: Market Growth Expectation

FAIR BARRIER

8.6% CAGR (Next 10 Yrs)

At the current price of $141.06, the market is assuming the business will compound Free Cash Flow at 8.6% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict

ℹ Fair expectations: Requires steady execution.

Autonomous Thesis Underwriting

Surveil CBRE with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for CBRE Group Inc. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 3.6% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

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Frequently Asked Questions: CBRE Group Inc (CBRE) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for CBRE Group Inc.

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, CBRE Group Inc has an estimated DCF intrinsic fair value of $75.30 per share compared to its current market price of $141.06. This represents an estimated 87.3% premium over fair value. Additionally, its classic Benjamin Graham Number stands at $53.37.