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Added to YB: 2025-10-16

Pitch date: 2025-10-14

FSP [neutral]

Franklin Street Properties Corp.

-33.66%

current return

Author Info

The Value Road is a deep value investor that's interested in post bankruptcy, NAV, and undervalued micro and nano-cap stocks. I only invest in companies that have layers of value behind them, usually with little or no debt. Sign up for their newsletter.

Company Info

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.

Market Cap

$108.9M

Pitch Price

$1.46

Price Target

2.16 (+123%)

Dividend

3.81%

EV/EBITDA

10.08

P/E

-2.36

EV/Sales

2.97

Sector

Office REITs

Category

special_situation

Show full summary:
The 41% Signal: How Strategic Reviews Hint at Hidden Takeovers - Franklin Street Properties Corp.

FSP (strategic review): Board reviewing strategic options (asset sales, merger, privatization) to maximize shareholder value. $165M market cap, ~$380M EV, 6.5x FFO multiple, dividend suspended. Private market cap rates 7-8% imply 30-50% upside vs current price. Risk: weak office demand pressures.

Read full article (1 min)