Agree Realty Valuation

Is ADC * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ADC * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ADC * (MX$1113) is trading below our estimate of fair value (MX$1633.01)

Significantly Below Fair Value: ADC * is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ADC *?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ADC *. This is calculated by dividing ADC *'s market cap by their current preferred multiple.
What is ADC *'s n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	n/a

ADC * key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	17.8x
Enterprise Value/EBITDA	23x
PEG Ratio	4.6x

Price to Earnings Ratio vs Peers

How does ADC *'s PE Ratio compare to its peers?

The above table shows the PE ratio for ADC * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	19.7x
FSHOP 13 Fibra Shop	3.6x	-15.6%	Mex$5.3b
FIBRAPL 14 FIBRA Prologis	4.8x	-63.6%	Mex$102.2b
FSITES 20 Fideicomiso Opsimex	62.7x	n/a	Mex$88.1b
FUNO 11 Fibra UNO	7.6x	-1.5%	Mex$87.7b
ADC * Agree Realty	41.9x	9.2%	Mex$7.5b

Price-To-Earnings vs Peers: ADC * is expensive based on its Price-To-Earnings Ratio (41.9x) compared to the peer average (4.9x).

Price to Earnings Ratio vs Industry

How does ADC *'s PE Ratio compare vs other companies in the Global Retail REITs Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	14.2%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	14.2%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: ADC * is expensive based on its Price-To-Earnings Ratio (41.9x) compared to the Global Retail REITs industry average (19.9x).

Price to Earnings Ratio vs Fair Ratio

What is ADC *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ADC * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	41.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ADC *'s Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.