COPT DEFENSE PROPERTIES (CDP) Fundamental Analysis & Valuation

NYSE:CDP • US22002T1088

32.62 USD
+0.46 (+1.43%)
At close: Mar 4, 2026
32.62 USD
0 (0%)
After Hours: 3/4/2026, 8:13:12 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This CDP fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to CDP. CDP was compared to 122 industry peers in the Diversified REITs industry. CDP has a medium profitability rating, but doesn't score so well on its financial health evaluation. CDP is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. CDP Profitability Analysis

1.1 Basic Checks

  • In the past year CDP was profitable.
  • In the past year CDP had a positive cash flow from operations.
  • In multiple years CDP reported negative net income over the last 5 years.
  • Of the past 5 years CDP 4 years had a positive operating cash flow.
CDP Yearly Net Income VS EBIT VS OCF VS FCFCDP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M -200M 300M

1.2 Ratios

  • With a decent Return On Assets value of 3.35%, CDP is doing good in the industry, outperforming 75.41% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 9.60%, CDP belongs to the top of the industry, outperforming 82.79% of the companies in the same industry.
  • CDP has a Return On Invested Capital of 4.34%. This is amongst the best in the industry. CDP outperforms 81.97% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CDP is in line with the industry average of 3.10%.
  • The 3 year average ROIC (3.83%) for CDP is below the current ROIC(4.34%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.35%
ROE 9.6%
ROIC 4.34%
ROA(3y)1.85%
ROA(5y)1.94%
ROE(3y)4.83%
ROE(5y)5%
ROIC(3y)3.83%
ROIC(5y)3.63%
CDP Yearly ROA, ROE, ROICCDP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

  • With a decent Profit Margin value of 19.15%, CDP is doing good in the industry, outperforming 65.57% of the companies in the same industry.
  • In the last couple of years the Profit Margin of CDP has declined.
  • Looking at the Operating Margin, with a value of 29.72%, CDP is in the better half of the industry, outperforming 60.66% of the companies in the same industry.
  • CDP's Operating Margin has improved in the last couple of years.
  • CDP's Gross Margin of 58.00% is on the low side compared to the rest of the industry. CDP is outperformed by 69.67% of its industry peers.
  • CDP's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 29.72%
PM (TTM) 19.15%
GM 58%
OM growth 3Y3.71%
OM growth 5Y2.69%
PM growth 3Y17.12%
PM growth 5Y-10.08%
GM growth 3Y1.98%
GM growth 5Y1.51%
CDP Yearly Profit, Operating, Gross MarginsCDP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. CDP Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CDP is destroying value.
  • There is no outstanding debt for CDP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
CDP Yearly Shares OutstandingCDP Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
CDP Yearly Total Debt VS Total AssetsCDP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • Based on the Altman-Z score of 0.76, we must say that CDP is in the distress zone and has some risk of bankruptcy.
  • CDP's Altman-Z score of 0.76 is fine compared to the rest of the industry. CDP outperforms 63.11% of its industry peers.
  • CDP has a debt to FCF ratio of 44.15. This is a negative value and a sign of low solvency as CDP would need 44.15 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 44.15, CDP is doing good in the industry, outperforming 69.67% of the companies in the same industry.
  • A Debt/Equity ratio of 1.63 is on the high side and indicates that CDP has dependencies on debt financing.
  • CDP has a Debt to Equity ratio of 1.63. This is in the lower half of the industry: CDP underperforms 65.57% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.63
Debt/FCF 44.15
Altman-Z 0.76
ROIC/WACC0.69
WACC6.25%
CDP Yearly LT Debt VS Equity VS FCFCDP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 0.29 indicates that CDP may have some problems paying its short term obligations.
  • CDP's Current ratio of 0.29 is on the low side compared to the rest of the industry. CDP is outperformed by 87.70% of its industry peers.
  • CDP has a Quick Ratio of 0.29. This is a bad value and indicates that CDP is not financially healthy enough and could expect problems in meeting its short term obligations.
  • CDP's Quick ratio of 0.29 is on the low side compared to the rest of the industry. CDP is outperformed by 84.43% of its industry peers.
Industry RankSector Rank
Current Ratio 0.29
Quick Ratio 0.29
CDP Yearly Current Assets VS Current LiabilitesCDP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. CDP Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 6.91% over the past year.
  • CDP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.72% yearly.
EPS 1Y (TTM)6.91%
EPS 3Y-4.92%
EPS 5Y2.72%
EPS Q2Q%6.45%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%7.59%

3.2 Future

  • The Earnings Per Share is expected to grow by 4.25% on average over the next years.
  • CDP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.16% yearly.
EPS Next Y1.77%
EPS Next 2Y4.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.08%
Revenue Next 2Y4.09%
Revenue Next 3Y4.22%
Revenue Next 5Y4.16%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
CDP Yearly Revenue VS EstimatesCDP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 200M 400M 600M 800M
CDP Yearly EPS VS EstimatesCDP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 -0.5 1 1.5

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Find the best growth stocksShow best growing peers

4

4. CDP Valuation Analysis

4.1 Price/Earnings Ratio

  • CDP is valuated rather expensively with a Price/Earnings ratio of 24.71.
  • CDP's Price/Earnings ratio is a bit cheaper when compared to the industry. CDP is cheaper than 74.59% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of CDP to the average of the S&P500 Index (27.03), we can say CDP is valued inline with the index average.
  • A Price/Forward Earnings ratio of 24.38 indicates a rather expensive valuation of CDP.
  • Based on the Price/Forward Earnings ratio, CDP is valued cheaply inside the industry as 89.34% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 25.11. CDP is around the same levels.
Industry RankSector Rank
PE 24.71
Fwd PE 24.38
CDP Price Earnings VS Forward Price EarningsCDP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, CDP is valued a bit cheaper than the industry average as 63.11% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 66.85
EV/EBITDA N/A
CDP Per share dataCDP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CDP does not grow enough to justify the current Price/Earnings ratio.
  • CDP has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)13.98
PEG (5Y)9.09
EPS Next 2Y4.25%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. CDP Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 3.98%, CDP has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 7.07, CDP is paying slightly less dividend.
  • CDP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.98%

5.2 History

  • The dividend of CDP has a limited annual growth rate of 1.18%.
  • CDP has paid a dividend for at least 10 years, which is a reliable track record.
  • CDP has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.18%
Div Incr Years2
Div Non Decr Years12
CDP Yearly Dividends per shareCDP Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • CDP pays out 93.39% of its income as dividend. This is not a sustainable payout ratio.
  • CDP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP93.39%
EPS Next 2Y4.25%
EPS Next 3YN/A
CDP Yearly Income VS Free CF VS DividendCDP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M -200M
CDP Dividend Payout.CDP Dividend Payout, showing the Payout Ratio.CDP Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

CDP Fundamentals: All Metrics, Ratios and Statistics

COPT DEFENSE PROPERTIES

NYSE:CDP (3/4/2026, 8:13:12 PM)

After market: 32.62 0 (0%)

32.62

+0.46 (+1.43%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-05
Earnings (Next)04-27
Inst Owners111.86%
Inst Owner ChangeN/A
Ins Owners0.28%
Ins Owner Change-3.42%
Market Cap3.69B
Revenue(TTM)N/A
Net Income(TTM)143.72M
Analysts78.33
Price Target35.85 (9.9%)
Short Float %4.93%
Short Ratio4.39
Dividend
Industry RankSector Rank
Dividend Yield 3.98%
Yearly Dividend1.17
Dividend Growth(5Y)1.18%
DP93.39%
Div Incr Years2
Div Non Decr Years12
Ex-Date03-31
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.78%
Min EPS beat(2)-7.56%
Max EPS beat(2)-0.01%
EPS beat(4)1
Avg EPS beat(4)-3.73%
Min EPS beat(4)-7.92%
Max EPS beat(4)0.58%
EPS beat(8)1
Avg EPS beat(8)-103.44%
EPS beat(12)3
Avg EPS beat(12)-51.78%
EPS beat(16)4
Avg EPS beat(16)-37.59%
Revenue beat(2)1
Avg Revenue beat(2)-0.16%
Min Revenue beat(2)-5.81%
Max Revenue beat(2)5.5%
Revenue beat(4)2
Avg Revenue beat(4)1.21%
Min Revenue beat(4)-5.81%
Max Revenue beat(4)5.5%
Revenue beat(8)4
Avg Revenue beat(8)2.21%
Revenue beat(12)8
Avg Revenue beat(12)5.77%
Revenue beat(16)12
Avg Revenue beat(16)10.28%
PT rev (1m)9.25%
PT rev (3m)6.96%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)2.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-0.67%
Valuation
Industry RankSector Rank
PE 24.71
Fwd PE 24.38
P/S 4.92
P/FCF 66.85
P/OCF 11.32
P/B 2.47
P/tB 2.47
EV/EBITDA N/A
EPS(TTM)1.32
EY4.05%
EPS(NY)1.34
Fwd EY4.1%
FCF(TTM)0.49
FCFY1.5%
OCF(TTM)2.88
OCFY8.83%
SpS6.63
BVpS13.23
TBVpS13.23
PEG (NY)13.98
PEG (5Y)9.09
Graham Number19.82
Profitability
Industry RankSector Rank
ROA 3.35%
ROE 9.6%
ROCE 5.49%
ROIC 4.34%
ROICexc 4.36%
ROICexgc 4.44%
OM 29.72%
PM (TTM) 19.15%
GM 58%
FCFM 7.36%
ROA(3y)1.85%
ROA(5y)1.94%
ROE(3y)4.83%
ROE(5y)5%
ROIC(3y)3.83%
ROIC(5y)3.63%
ROICexc(3y)3.9%
ROICexc(5y)3.67%
ROICexgc(3y)3.97%
ROICexgc(5y)3.75%
ROCE(3y)4.85%
ROCE(5y)4.59%
ROICexgc growth 3Y7.88%
ROICexgc growth 5Y4.93%
ROICexc growth 3Y8.15%
ROICexc growth 5Y5.04%
OM growth 3Y3.71%
OM growth 5Y2.69%
PM growth 3Y17.12%
PM growth 5Y-10.08%
GM growth 3Y1.98%
GM growth 5Y1.51%
F-Score6
Asset Turnover0.18
Health
Industry RankSector Rank
Debt/Equity 1.63
Debt/FCF 44.15
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 36.09%
Interest Coverage -2.97
Cash Conversion N/A
Profit Quality 38.44%
Current Ratio 0.29
Quick Ratio 0.29
Altman-Z 0.76
F-Score6
WACC6.25%
ROIC/WACC0.69
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)44.53%
Cap/Sales(5y)50.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.91%
EPS 3Y-4.92%
EPS 5Y2.72%
EPS Q2Q%6.45%
EPS Next Y1.77%
EPS Next 2Y4.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%7.59%
Revenue Next Year5.08%
Revenue Next 2Y4.09%
Revenue Next 3Y4.22%
Revenue Next 5Y4.16%
EBIT growth 1Y10.66%
EBIT growth 3Y8.14%
EBIT growth 5Y7.06%
EBIT Next Year83.79%
EBIT Next 3Y25.85%
EBIT Next 5Y15.86%
FCF growth 1Y149.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y21.68%
OCF growth 3Y9.93%
OCF growth 5Y7.68%

COPT DEFENSE PROPERTIES / CDP FAQ

What is the fundamental rating for CDP stock?

ChartMill assigns a fundamental rating of 4 / 10 to CDP.


What is the valuation status for CDP stock?

ChartMill assigns a valuation rating of 4 / 10 to COPT DEFENSE PROPERTIES (CDP). This can be considered as Fairly Valued.


Can you provide the profitability details for COPT DEFENSE PROPERTIES?

COPT DEFENSE PROPERTIES (CDP) has a profitability rating of 6 / 10.


What are the PE and PB ratios of COPT DEFENSE PROPERTIES (CDP) stock?

The Price/Earnings (PE) ratio for COPT DEFENSE PROPERTIES (CDP) is 24.71 and the Price/Book (PB) ratio is 2.47.


Is the dividend of COPT DEFENSE PROPERTIES sustainable?

The dividend rating of COPT DEFENSE PROPERTIES (CDP) is 5 / 10 and the dividend payout ratio is 93.39%.