Capital Properties, Inc.

AI-generated fair value estimate for this company.

Method: Capitalization-rate method on gross ground-lease revenue: $5.63M TTM revenue (predominantly triple-net ground leases and billboard leases, where the tenant bears most operating costs so revenue closely approximates net operating income); capitalized at a 5% cap rate appropriate for long-duration, highly secure ground leases on irreplaceable downtown Providence, RI land; divided by 6.60M shares outstanding.

Reasoning: Capital Properties is fundamentally a land/ground-lease holding company rather than an operating business, so a real-estate capitalization-rate valuation on its stable net-lease revenue is the standard and more appropriate method than a corporate free-cash-flow DCF.