Is LXP Industrial Trust overvalued or undervalued?

As of 13 February 2025, LXP Industrial Trust's valuation grade has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a P/E ratio of 40, an EV to EBITDA of 9.70, and a PEG ratio of 0.40, which suggests strong growth potential relative to its price.
In comparison to peers, LXP Industrial Trust's P/E ratio of 39.65 is notably lower than Cousins Properties, Inc. at 96.12, while it remains competitive against EPR Properties, which has a P/E of 20.63. The dividend yield of 6.05% further enhances its attractiveness, especially given the low ROCE and ROE of 3.09% and 3.07%, respectively. Despite a challenging performance against the S&P 500 over the longer term, LXP has shown resilience with a 1-week return of 3.75% compared to a slight decline in the index.