ADC Valuation

Agree Realty Corp

Add to Watchlist

Advanced Chart

73.130

-0.91(-1.229%)1D

Overview
Forecast
Valuation
Earnings

ADC Relative Valuation

ADC's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ADC is overvalued; if below, it's undervalued.

Historical Valuation

Agree Realty Corp (ADC) is now in the Fair zone, suggesting that its current forward PE ratio of 39.78 is considered Fairly compared with the five-year average of 38.60. The fair price of Agree Realty Corp (ADC) is between 65.02 to 75.51 according to relative valuation methord.

Relative Value

Fair Zone

65.02-75.51

Current Price：74.04

Fair

39.84

Trailing

Forward

18.11

EV/EBITDA

Agree Realty Corp. (ADC) has a current EV/EBITDA of 18.11. The 5-year average EV/EBITDA is 18.47. The thresholds are as follows: Strongly Undervalued below 15.95, Undervalued between 15.95 and 17.21, Fairly Valued between 19.73 and 17.21, Overvalued between 19.73 and 20.99, and Strongly Overvalued above 20.99. The current Forward EV/EBITDA of 18.11 falls within the Historic Trend Line -Fairly Valued range.

29.22

EV/EBIT

Agree Realty Corp. (ADC) has a current EV/EBIT of 29.22. The 5-year average EV/EBIT is 31.90. The thresholds are as follows: Strongly Undervalued below 25.00, Undervalued between 25.00 and 28.45, Fairly Valued between 35.36 and 28.45, Overvalued between 35.36 and 38.81, and Strongly Overvalued above 38.81. The current Forward EV/EBIT of 29.22 falls within the Historic Trend Line -Fairly Valued range.

10.74

Agree Realty Corp. (ADC) has a current PS of 10.74. The 5-year average PS is 11.39. The thresholds are as follows: Strongly Undervalued below 9.19, Undervalued between 9.19 and 10.29, Fairly Valued between 12.50 and 10.29, Overvalued between 12.50 and 13.60, and Strongly Overvalued above 13.60. The current Forward PS of 10.74 falls within the Historic Trend Line -Fairly Valued range.

0.00

P/OCF

Agree Realty Corp. (ADC) has a current P/OCF of 0.00. The 5-year average P/OCF is 7.19. The thresholds are as follows: Strongly Undervalued below -7.62, Undervalued between -7.62 and -0.22, Fairly Valued between 14.60 and -0.22, Overvalued between 14.60 and 22.01, and Strongly Overvalued above 22.01. The current Forward P/OCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.

0.00

P/FCF

Agree Realty Corp. (ADC) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/FCF of 0.00 falls within the Strongly Undervalued range.

Agree Realty Corp (ADC) has a current Price-to-Book (P/B) ratio of 1.49. Compared to its 3-year average P/B ratio of 1.36 , the current P/B ratio is approximately 9.66% higher. Relative to its 5-year average P/B ratio of 1.44, the current P/B ratio is about 3.79% higher. Agree Realty Corp (ADC) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 6.06%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 5.33% , the current FCF yield is about -100.00% lower.

1.49

P/B

Median3y

1.36

Median5y

1.44

5.71

FCF Yield

Median3y

6.06

Median5y

5.33

Competitors Valuation Multiple

The average P/S ratio for ADC's competitors is 8.46, providing a benchmark for relative valuation. Agree Realty Corp Corp (ADC) exhibits a P/S ratio of 10.74, which is 27.00% above the industry average. Given its robust revenue growth of 15.04%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Brixmor Property Group Inc

Performance Decomposition

Market capitalization of ADC increased by 0.16% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 152.58M to 175.53M.

The secondary factor is the P/E Change, contributed 6.99%to the performance.

Overall, the performance of ADC in the past 1 year is driven by Revenue Growth. Which is more sustainable.

15.04%

152.58M → 175.53M

Revenue Growth

-21.87%

35.99 → 28.12

Margin Expansion

6.99%

41.14 → 44.01

P/E Change

0.16%