Tejon Ranch Co: valuation

TRCNYSEReal estate

Price

$17.20

November 13, 2026Market cap $463M

What Ploutos Investor adds for Tejon Ranch

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See the plans
  • The full history: 16 fiscal years, from 2009
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Notes on these figures

  • Profit over the last twelve months is well above what the business itself earned, because it includes large gains outside the business, such as on investments or from selling a business. The P/E is lower than the business alone would give.

Valuation today

What the market pays for the company's earnings, cash flow, book value and revenue at $17.20 (November 13, 2026), beside the median of its past fiscal years.

Today's P/B (1.0) is 6% above the median of the chart's 3 years (0.9).

EV / EBIT
141.4
EV / Revenue
8.1
Earnings yield
1.7%
FCF yield
2.6%
Market cap
$463M
enterprise value $549M
  • 2025
    P/E–
  • 2024
    P/E–
  • 2023
    P/E–

Each multiple at the closing price of the fiscal year's last trading day and the same year's figures. A year with a loss or negative free cash flow has no P/E or P/FCF. A P/E or P/FCF above 100 is left out: it comes from a year of near-zero earnings or cash flow and says little about the price.

Valuation against its own past

TRC's P/E, P/FCF and P/B at each year-end price, from 2009 to 2022, 13 more fiscal years

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What today's price assumes

The discounted cash flow model run backwards: not what the company is worth, but the growth the price takes for granted.

For a buyer at $17.20 who wants 9% a year, free cash flow would need to grow by about

+16.1%a year for ten years

at 7% a year
+10.8%
at 9% a year
+16.1%
at 11% a year
+20.5%

Arithmetic on the price, not a forecast. Starts from free cash flow of $12M over the last 12 months and net debt $86M, the same growth each year for ten years, then 2.5% a year forever. Try other numbers in the DCF calculator.

DCF calculator

What is Tejon Ranch worth on your own assumptions?

The DCF calculator opens with the company's figures already filled in from its filings. You set how fast its cash flow grows and the return you ask for, and see the value those assumptions give.

Free cash flow, 12 months
$12M
Net debt
$86M
Shares
26.93M
FCF, 5-year average a year
–
Revenue, 5-year average a year
+5.6%
Price
$17.20

The full analysis

What do Tejon Ranch's filings show?

The multiples say what the market pays for Tejon Ranch. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about TRC's valuation

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What is TRC's P/E?

TRC's P/E is 60.4, on earnings per share of $0.29 over the last 12 months.

What is TRC's P/FCF?

TRC's P/FCF is 38.8: a market cap of $463M over $12M of free cash flow in the last 12 months. Put the other way, a free cash flow yield of 2.6%.

How do I work out what TRC is worth?

With the DCF calculator: it opens with Tejon Ranch's figures from its filings, you enter your assumptions for growth and the return you ask for, and see the value they give. The company pages give no price target of their own. A full analysis gives a fair-value range, which is an estimate, not a target.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

The figures come from the company's SEC filings and the share price, and describe what it has reported. The estimated fair value, where shown, is our estimate, labelled as one: not a fact, not a score and not a recommendation to buy or sell.