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Postal Realty: High Growth And Cheap Multiple
Seeking Alphaยท 2025-11-14 13:23
The Buy Thesis Postal Realty (PSTL) is substantially undervalued relative to its growth rate and the cleanliness of its business model. I believe the stability of Postal is overlooked due to the lack of analytical coverage on the niche in which PSTL operates. I think the actual business fundamentals warrant a substantially higher AFFO multiple (18X), equating to a stock price about 50% above the current market price ($23.58 versus the current $15.36). We shall begin with a conjecture as to why PSTL is tradi ...