US0084921008 - REIT

Overall **ADC** gets a fundamental rating of **4** out of 10. We evaluated **ADC** against 128 industry peers in the **Diversified REITs** industry. While **ADC** has a great profitability rating, there are quite some concerns on its financial health. While showing a medium growth rate, **ADC** is valued expensive at the moment.

In the past 5 years **ADC** has always been profitable.

In the past 5 years **ADC** always reported a positive cash flow from operatings.

Looking at the **Return On Assets**, with a value of **2.08%**, **ADC** is in the better half of the industry, outperforming **69.35%** of the companies in the same industry.

With a **Return On Equity** value of **3.12%**, **ADC** perfoms like the industry average, outperforming **57.26%** of the companies in the same industry.

The last **Return On Invested Capital** (**2.68%**) for **ADC** is above the 3 year average (**2.65%**), which is a sign of increasing profitability.

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 2.08% | ||

ROE | 3.12% | ||

ROIC | 2.68% |

ROA(3y)2.18%

ROA(5y)2.37%

ROE(3y)3.25%

ROE(5y)3.61%

ROIC(3y)2.65%

ROIC(5y)2.76%

With an excellent **Operating Margin** value of **48.32%**, **ADC** belongs to the best of the industry, outperforming **90.32%** of the companies in the same industry.

In the last couple of years the **Operating Margin** of **ADC** has declined.

In the last couple of years the **Gross Margin** of **ADC** has remained more or less at the same level.

Industry Rank | Sector Rank | ||
---|---|---|---|

OM | 48.32% | ||

PM (TTM) | 30.16% | ||

GM | 87.91% |

OM growth 3Y-2.4%

OM growth 5Y-2.53%

PM growth 3Y-6.28%

PM growth 5Y-6.48%

GM growth 3Y0.06%

GM growth 5Y-0.05%

Compared to 1 year ago, **ADC** has more shares outstanding

Compared to 5 years ago, **ADC** has more shares outstanding

The debt/assets ratio for **ADC** is higher compared to a year ago.

With an excellent **Altman-Z score** value of **1.45**, **ADC** belongs to the best of the industry, outperforming **87.90%** of the companies in the same industry.

A Debt/Equity ratio of **0.46** indicates that **ADC** is not too dependend on debt financing.

The **Debt to Equity ratio** of **ADC** (**0.46**) is better than **91.94%** of its industry peers.

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.46 | ||

Debt/FCF | N/A | ||

Altman-Z | 1.45 |

ROIC/WACC0.36

WACC7.41%

With a **Current ratio** value of **0.77**, **ADC** is not doing good in the industry: **72.58%** of the companies in the same industry are doing better.

A Quick Ratio of **0.74** indicates that **ADC** may have some problems paying its short term obligations.

Industry Rank | Sector Rank | ||
---|---|---|---|

Current Ratio | 0.77 | ||

Quick Ratio | 0.74 |

EPS 1Y (TTM)-11.48%

EPS 3Y-2.35%

EPS 5Y-2.3%

EPS growth Q2Q-6.82%

Revenue 1Y (TTM)25.05%

Revenue growth 3Y29.31%

Revenue growth 5Y31.42%

Revenue growth Q2Q23.75%

The **Earnings Per Share** is expected to grow by **4.41%** on average over the next years.

The **Revenue** is expected to grow by **8.14%** on average over the next years. This is quite good.

EPS Next Y11.91%

EPS Next 2Y5.64%

EPS Next 3Y6.18%

EPS Next 5Y4.41%

Revenue Next Year12.98%

Revenue Next 2Y12.45%

Revenue Next 3Y11.42%

Revenue Next 5Y8.14%

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

With a **Price/Earnings** ratio of **35.50**, **ADC** can be considered very expensive at the moment.

The average S&P500 **Price/Earnings** ratio is at **26.35**. **ADC** is valued slightly more expensive when compared to this.

76.61% of the companies in the same industry are more expensive than **ADC**, based on the **Price/Forward Earnings** ratio.

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 35.5 | ||

Fwd PE | 31.72 |

Based on the **Enterprise Value to EBITDA** ratio, **ADC** is valued a bit more expensive than 79.03% of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

P/FCF | N/A | ||

EV/EBITDA | 18.67 |

The high **PEG Ratio(NY)**, which compensates the Price/Earnings for growth, indicates **ADC** does not grow enough to justify the current Price/Earnings ratio.

PEG (NY)2.98

PEG (5Y)N/A

EPS Next 2Y5.64%

EPS Next 3Y6.18%

With a **Yearly Dividend Yield** of **5.27%**, **ADC** is a good candidate for dividend investing.

Compared to an average industry **Dividend Yield** of **5.90**, **ADC** has a dividend in line with its industry peers.

Compared to an average S&P500 **Dividend Yield** of **2.46**, **ADC** pays a better dividend.

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 5.27% |

The dividend of **ADC** is nicely growing with an annual growth rate of **8.66%**!

Dividend Growth(5Y)8.66%

Div Incr Years10

Div Non Decr Years11

The dividend of **ADC** is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.

DP175.9%

EPS Next 2Y5.64%

EPS Next 3Y6.18%

**AGREE REALTY CORP**

NYSE:ADC (2/23/2024, 7:27:50 PM)

After market: 57.51 0 (0%)**57.51**

**+0.47 (+0.82%) **

Chartmill FA Rating

GICS SectorReal Estate

GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)

GICS IndustryDiversified REITs

Earnings (Last)

Earnings (Next)

Inst Owners

Inst Owner Change

Ins Owners

Ins Owner Change

Market Cap5.78B

Analysts

Price Target

Dividend

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 5.27% |

Dividend Growth(5Y)

DP

Div Incr Years

Div Non Decr Years

Ex-Date

Surprises & Revisions

EPS beat(2)

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EPS NY rev (3m)

Revenue NQ rev (1m)

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Valuation

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 35.5 | ||

Fwd PE | 31.72 | ||

P/S | |||

P/FCF | |||

P/OCF | |||

P/B | |||

P/tB | |||

EV/EBITDA |

EPS(TTM)

EY

EPS(NY)

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FCF(TTM)

FCFY

OCF(TTM)

OCFY

SpS

BVpS

TBVpS

PEG (NY)2.98

PEG (5Y)N/A

Profitability

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 2.08% | ||

ROE | 3.12% | ||

ROCE | |||

ROIC | |||

ROICexc | |||

ROICexgc | |||

OM | 48.32% | ||

PM (TTM) | 30.16% | ||

GM | 87.91% | ||

FCFM |

ROA(3y)

ROA(5y)

ROE(3y)

ROE(5y)

ROIC(3y)

ROIC(5y)

ROICexc(3y)

ROICexc(5y)

ROICexgc(3y)

ROICexgc(5y)

ROCE(3y)

ROCE(5y)

ROICexcg growth 3Y

ROICexcg growth 5Y

ROICexc growth 3Y

ROICexc growth 5Y

OM growth 3Y

OM growth 5Y

PM growth 3Y

PM growth 5Y

GM growth 3Y

GM growth 5Y

F-Score

Asset Turnover0.07

Health

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.46 | ||

Debt/FCF | |||

Debt/EBITDA | |||

Cap/Depr | |||

Cap/Sales | |||

Interest Coverage | |||

Cash Conversion | |||

Profit Quality | |||

Current Ratio | 0.77 | ||

Quick Ratio | 0.74 | ||

Altman-Z |

F-Score

WACC

ROIC/WACC

Cap/Depr(3y)

Cap/Depr(5y)

Cap/Sales(3y)

Cap/Sales(5y)

Profit Quality(3y)

Profit Quality(5y)

Growth

EPS 1Y (TTM)-11.48%

EPS 3Y-2.35%

EPS 5Y

EPS growth Q2Q

EPS Next Y11.91%

EPS Next 2Y

EPS Next 3Y

EPS Next 5Y

Revenue 1Y (TTM)25.05%

Revenue growth 3Y29.31%

Revenue growth 5Y

Revenue growth Q2Q

Revenue Next Year

Revenue Next 2Y

Revenue Next 3Y

Revenue Next 5Y

EBIT growth 1Y

EBIT growth 3Y

EBIT growth 5Y

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EBIT Next 5Y

FCF growth 1Y

FCF growth 3Y

FCF growth 5Y

OCF growth 1Y

OCF growth 3Y

OCF growth 5Y