Franklin Street Properties Corp (FSP) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Franklin Street Properties Corp $0.60, price $0.34, upside +75.5%, quality 39 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Franklin Street Properties Corp for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $0.3152 – $5.52 · fair‑value band $0.3683 – $0.8239 · the $0.3400 price screens below the $0.5968 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
Follow Franklin Street Properties in your weekly email
Every Wednesday you see whether Franklin Street Properties is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Franklin Street Properties Corp. is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income.
Show more
Franklin Street Properties Corp. is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust for federal income tax purposes. Franklin Street Properties Corp. is based in Wakefield, Massachusetts. Franklin Street Properties Corp. was incorporated 1981 in Maryland, USA.
Stock analysis
Franklin Street Properties Corp (FSP) currently trades at $0.3400, while our model-based Fair Value estimate is $0.5968, implying the stock looks roughly 43.0% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $4.00 per share, and 4 of the 4 models we run sit above the $0.3400 price.
Bear case: the Dividend Discount group reads lowest at $0.4400, and 0 of the 4 models stay below the price. Evidence for this calculation is low.
Scenario range: $0.3683 (bear) to $0.8239 (bull), the price of $0.3400 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 39/100 (below-average quality), in the Real Estate sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Franklin Street Properties Corp reported revenue of $107M in FY2025 versus $209M in FY2021, a compound −15.4%/yr. Reported net income was −$45.0M in FY2025.
Key figures
Market cap $60.3M · P/S ratio 0.57 · EPS (TTM) $−0.3100 · Dividend yield 8.8% · Net margin −42.0% · Return on equity −5.4% · Return on assets (EBIT) −0.1% · Operating margin −5.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 31 out of 100 (low confidence).
What moves the price
The share trades about 79% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 2% fair-value upside, at 76%, FSP screens cheaper than that median.
Fair Value models
Bear $0.3683Fair Value $0.5968Bull $0.8239
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−10.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−13.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−15.3%
Start year 2020 (pandemic). Over 10 years: −7.9% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.3%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−3.7% (2020) → −7.6% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Franklin Street Properties Corp with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Office · 68 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside+76% · Top 25%
Profitability
Return on assets0% · Bottom 25%
Net margin (TTM)−31% · Bottom 25%
Operating margin (TTM)−6% · Bottom 25%
Growth and dividend
Revenue growth−3% · Below median
Dividend yield (TTM)8.8% · Top 25%
Balance sheet
Debt / equity0.41× · Below median
Valuation Multiplesvs REIT - Office median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Franklin Street Properties Corp Fair Value". https://www.fairvalue-calculator.com/stock/FSP
Frequently asked questions
Is Franklin Street Properties Corp (FSP) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $0.5968 versus a price of $0.3400, about +76% upside (undervalued).
What is the fair value of FSP?
Our model-based fair value for Franklin Street Properties Corp is $0.5968 (as of Sep 23, 2026), built from audited fundamentals. The current price: $0.3400.
What is the quality score of FSP?
Franklin Street Properties Corp has a Quality Score of 39/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Franklin Street Properties Corp (FSP)?
Our model-based price target is the fair value of $0.5968 (as of Sep 23, 2026) from 4 valuation models. Cautious scenario $0.3683, optimistic scenario $0.8239. It is a calculation from audited fundamentals, not an analyst target.
What is the Franklin Street Properties Corp stock forecast for 2026?
Our models put fair value at $0.5968, about +76% upside versus a price of $0.3400 (undervalued). Cautious scenario $0.3683, optimistic scenario $0.8239. The calculation is refreshed regularly with new filings.
What is the revenue of Franklin Street Properties Corp (FSP)?
Franklin Street Properties Corp reported trailing-twelve-month revenue of about $106M (latest available figure, as of Sep 23, 2026).
Does Franklin Street Properties Corp pay a dividend?
Franklin Street Properties Corp currently shows a dividend yield of about 8.82% relative to its recent price (as of Sep 23, 2026).
What is the intrinsic value of Franklin Street Properties Corp (FSP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Franklin Street Properties Corp it is $0.5968 per share (as of Sep 23, 2026), against a price of $0.3400. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is Franklin Street Properties Corp stock overvalued or undervalued in 2026?
As of Sep 23, 2026, FSP trades below its calculated fair value: price $0.3400, fair value $0.5968, a gap of about +76% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of FSP?
No. The price is what the market pays today ($0.3400); the fair value is what the company's own numbers justify ($0.5968). For Franklin Street Properties Corp the two are $0.2568 per share apart. That gap is exactly why we show both numbers side by side.
How much is Franklin Street Properties Corp worth?
The market values Franklin Street Properties Corp at about $60.3M (market capitalisation, as of Sep 23, 2026). Per share that is $0.3400; our models calculate a fair value of $0.5968 per share.
What do the bullish and bearish scenarios say about FSP?
Our models span a range for Franklin Street Properties Corp: cautious scenario $0.3683, base $0.5968, optimistic $0.8239 per share (as of Sep 23, 2026, price $0.3400). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of FSP?
The PEG ratio of Franklin Street Properties Corp is 9.82 (P/E divided by earnings growth, as of Sep 23, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Franklin Street Properties Corp (FSP)?
Balance-sheet figures for Franklin Street Properties Corp (as of Sep 23, 2026): return on equity −5.4%, debt of 0.41 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is FSP from its 52-week high?
Franklin Street Properties Corp trades at $0.3400, about 79% below its 52-week high of $1.62 and 8% above the low of $0.3152 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $0.5968 is for.
Which stocks are comparable to Franklin Street Properties Corp?
From the same area (Real Estate) we also value BXP, Inc, MERLIN Properties SOCIMI, S.A, Vornado Realty Trust, Alexandria Real Estate Equities, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Franklin Street Properties Corp stock attractive at the current price?
The data as of Sep 23, 2026: price $0.3400, calculated fair value $0.5968 (+76%), Quality Score 39/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of FSP calculated?
We run Franklin Street Properties Corp through 4 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.5968, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Franklin Street Properties Corp currently trades 76 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Franklin Street Properties Corp (FSP)?
The closing price on Sep 23, 2026 was $0.3400. Our model-based fair value is $0.5968, about +76% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Franklin Street Properties Corp right now?
The large discount to fair value meets weak quality (39/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case ($0.3683). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range ($0.3683 to $0.8239) leaves room in how you read the outcome.
Key figures of Franklin Street Properties Corp
How large is the market capitalisation of Franklin Street Properties Corp (FSP)?
The market capitalisation of Franklin Street Properties Corp is $60.3M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Franklin Street Properties Corp (FSP)?
The price-to-sales ratio of Franklin Street Properties Corp is 0.57 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Franklin Street Properties Corp (FSP)?
Earnings per share at Franklin Street Properties Corp are $−0.3100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Franklin Street Properties Corp (FSP)?
The dividend yield of Franklin Street Properties Corp is 8.8%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Franklin Street Properties Corp (FSP)?
The net margin of Franklin Street Properties Corp is −42.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Franklin Street Properties Corp (FSP)?
The return on equity (ROE) of Franklin Street Properties Corp is −5.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Franklin Street Properties Corp (FSP)?
On an EBIT basis the return on assets of Franklin Street Properties Corp is −0.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Franklin Street Properties Corp (FSP)?
The operating margin of Franklin Street Properties Corp is −5.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Franklin Street Properties Corp (FSP)?
Revenue at Franklin Street Properties Corp is growing −3.3% versus a year earlier (3y avg −13.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Franklin Street Properties Corp (FSP)?
Earnings per share at Franklin Street Properties Corp are growing +318% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Franklin Street Properties Corp (FSP) generate?
The free cash flow of Franklin Street Properties Corp is −$12.7M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Franklin Street Properties Corp (FSP) carry?
The net debt of Franklin Street Properties Corp is $218M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Franklin Street Properties Corp in the live analysis
One click puts Franklin Street Properties Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Thin data
Sep 23, 2026