Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.

ABR — Fair Value Analysis

ARBOR REALTY TRUST INC

Current: $3.60Fairly Valued

Fair Value Range

Bear Case (25th pct.)

$2.24

-37.7% vs price

Base Case (Median)

$3.25

-9.6% vs price

Bull Case (75th pct.)

$4.27

18.7% vs price

$2.24$3.25$4.27

◇ = Current price | | Bear | Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
PE Comparable	$1.23	-65.9%	Medium (25%)
Graham Number	$5.28	46.7%	Low (10%)

Interpretation

Based on 2 out of 7 methods, ABR appears fairly valued at the current price of $3.60. The base case fair value of $3.25 implies 9.6% downside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.