NYSE
ADC
Last Price
US $76.28
KEY FIGURES
MKT CAP
$9.3B
EPS
TTM
$1.83
PEG
TTM
10.59x
P/E
TTM
41.41x
P/S
TTM
12.88x
YIELD
4.06%
GROWTH
Revenue Y/Y
23.65%
(FY vs FY)
EBITDA Y/Y
Cash Flow (DCF)
Fair Value
Market $76.28
-38.77%
Default assumptions
EBITDA Multiple
Fair Value
Market $76.28
-89.29%
Default assumptions
Valuation
Financial
Performance
Financial risk - Cash flow debt coverage.
Agree Realty Corporation cash flow to debt ratio of 15.03% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.
Financial stability - Healthy cash flow growth.
Agree Realty Corporation's free cash flow has increased 16.71% from $431.97M last year to $504.14M, signaling increasing performance
Financial stability - Healthy debt to equity ratio.
Agree Realty Corporation's debt to equity ratio is 0.53, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial risk - Healthy debt to equity ratio development.
Agree Realty Corporation's debt has increased relative to shareholder equity from 0.51 last year to 0.53 today, signaling weakened financials
Financial risk - Net debt/EBITDA.
Agree Realty Corporation has a net debt to EBITDA ratio of 5.41x, which exceeds the 3.00x threshold, indicating high leverage and potential financial risk
Financial stability - ICR.
Agree Realty Corporation's interest coverage ratio of 2.58 indicates that earnings with margin can cover interest payments on company debt
Financial risk - Profit margin growth.
Agree Realty Corporation's profit margin has decreased (-4.51%) in the last year from 30.66% to 29.28%, signaling decreasing performance
Financial risk - Short term assets vs short term liabilities.
Agree Realty Corporation's short-term liabilities of $171.54M exceed its short-term assets of $143.10M, signaling financial risk
Decreasing performance - ROA.
Agree Realty Corporation's return on assets of 2.16% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
Agree Realty Corporation's return on equity of 3.65%, is lower than 15.00%, indicating bad performance
Increasing performance - Earnings quality.
Agree Realty Corporation's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Agree Realty Corporation had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Agree Realty Corporation has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Agree Realty Corporation has a free cash flow yield of 5.45%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Increasing performance - Healthy earnings growth.
Agree Realty Corporation's yearly earnings has increased 8.01% since last year from $189.20M to $204.35M, signaling increasing performance
Increasing performance - Healthy revenue growth.
Agree Realty Corporation's yearly revenue has increased 16.42% since last year from $617.10M to $718.40M, signaling increasing performance
Decreasing performance - ROIC.
ROIC 3.60% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.
Increasing performance - 3-year revenue CAGR.
Agree Realty Corporation's 3-year revenue CAGR of 18.68% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
Agree Realty Corporation had revenue growth in 5.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Agree Realty Corporation had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Agree Realty Corporation is overvalued relative to its fair value price of 46.71 based on Discounted Cash Flow model
Overvalued - Earnings yield.
Agree Realty Corporation has an earnings yield of 2.38%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings
Overvalued - EBITDA valuation.
Agree Realty Corporation is overvalued relative to its fair value price of 8.17 based on EBITDA multiple model
Overvalued - EV/EBITDA.
Agree Realty Corporation has an EV/EBITDA ratio of 20.41x, which exceeds the 20.00x threshold, indicating the stock may be overvalued relative to its operating earnings
Overvalued - PEG ratio value.
Agree Realty Corporation has a PEG-ratio over 1 which is considered overvalued
Undervalued - P/B ratio.
Agree Realty Corporation has a price-to-book ratio of 1.48x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Overvalued - P/S ratio.
Agree Realty Corporation has a price-to-sales ratio of 12.33x, which exceeds the 8.00x threshold, indicating the stock may be overvalued relative to its revenue
Profit margin
Current Ratio
Capital Returns
3.65%
Return on equity
ROIC: 3.60%
Valuation History
41.4X
Price to Earnings
EV/EBITDA: 20.4X
Cash flow
Profit margin
23.38%
(FY vs FY)
Cash flow Y/Y
28.67%
(FY vs FY)
Base valuations use default assumptions. Customize in the Valuator.