Agree Realty Valuation
Is ADC * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 *?
Key metric: As ADC * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is ADC *'s PE Ratio? | |
|---|---|
| PE Ratio | 41.9x |
| Earnings | US$179.16m |
| Market Cap | US$7.51b |
| 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?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 19.5x | ||
FSHOP 13 Fibra Shop | 3.6x | -15.6% | Mex$5.2b |
FIBRAPL 14 FIBRA Prologis | 4.6x | -63.6% | Mex$96.6b |
FSITES 20 Fideicomiso Opsimex | 62.7x | n/a | Mex$88.1b |
FUNO 11 Fibra UNO | 7.1x | -1.4% | Mex$82.0b |
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?
| 6 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 6 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
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.
| 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.
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