US0084921008 - REIT

**ADC** gets a fundamental rating of **4** out of 10. The analysis compared the fundamentals against 128 industry peers in the **Diversified REITs** industry. **ADC** scores excellent on profitability, but there are concerns on its financial health. While showing a medium growth rate, **ADC** is valued expensive at the moment.

The **Return On Assets** of **ADC** (**2.24%**) is better than **68.25%** of its industry peers.

The **Return On Equity** of **ADC** (**3.47%**) is better than **60.32%** of its industry peers.

The **Return On Invested Capital** of **ADC** (**2.85%**) is comparable to the rest of the industry.

The 3 year average ROIC (**2.65%**) for **ADC** is below the current ROIC(**2.85%**), indicating increased profibility in the last year.

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

ROA | 2.24% | ||

ROE | 3.47% | ||

ROIC | 2.85% |

ROA(3y)2.18%

ROA(5y)2.37%

ROE(3y)3.25%

ROE(5y)3.61%

ROIC(3y)2.65%

ROIC(5y)2.76%

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

The **Operating Margin** of **ADC** (**48.78%**) is better than **90.48%** of its industry peers.

With an excellent **Gross Margin** value of **88.27%**, **ADC** belongs to the best of the industry, outperforming **91.27%** of the companies in the same industry.

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

OM | 48.78% | ||

PM (TTM) | 30.74% | ||

GM | 88.27% |

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%

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), **ADC** is destroying value.

The number of shares outstanding for **ADC** has been increased compared to 1 year ago.

The number of shares outstanding for **ADC** has been increased compared to 5 years ago.

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

Based on the Altman-Z score of **1.71**, we must say that **ADC** is in the distress zone and has some risk of bankruptcy.

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

Debt/Equity | 0.52 | ||

Debt/FCF | N/A | ||

Altman-Z | 1.71 |

ROIC/WACC0.4

WACC7.2%

A Current Ratio of **0.79** indicates that **ADC** may have some problems paying its short term obligations.

The **Current ratio** of **ADC** (**0.79**) is worse than **69.84%** of its industry peers.

A Quick Ratio of **0.79** indicates that **ADC** may have some problems paying its short term obligations.

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

Current Ratio | 0.79 | ||

Quick Ratio | 0.79 |

EPS 1Y (TTM)1.72%

EPS 3Y-2.35%

EPS 5Y-2.3%

EPS Q2Q%30%

Revenue 1Y (TTM)20.68%

Revenue growth 3Y29.31%

Revenue growth 5Y31.42%

Sales Q2Q%17.46%

Based on estimates for the next years, **ADC** will show a small growth in **Earnings Per Share**. The EPS will grow by **5.34%** on average per year.

Based on estimates for the next years, **ADC** will show a quite strong growth in **Revenue**. The Revenue will grow by **12.07%** on average per year.

EPS Next Y11.6%

EPS Next 2Y7.69%

EPS Next 3Y6.8%

EPS Next 5Y5.34%

Revenue Next Year12.46%

Revenue Next 2Y9.93%

Revenue Next 3Y10.73%

Revenue Next 5Y12.07%

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

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.

The rest of the industry has a similar **Price/Earnings** ratio as **ADC**.

When comparing the **Price/Earnings** ratio of **ADC** to the average of the S&P500 Index (**29.62**), we can say **ADC** is valued slightly more expensively.

With a **Price/Forward Earnings** ratio of **39.94**, **ADC** can be considered very expensive at the moment.

When comparing the **Price/Forward Earnings** ratio of **ADC** to the average of the S&P500 Index (**21.22**), we can say **ADC** is valued expensively.

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

PE | 42.4 | ||

Fwd PE | 39.94 |

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

P/FCF | N/A | ||

EV/EBITDA | 21.43 |

The high **PEG Ratio(NY)**, which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.

The decent profitability rating of **ADC** may justify a higher PE ratio.

PEG (NY)3.66

PEG (5Y)N/A

EPS Next 2Y7.69%

EPS Next 3Y6.8%

With a **Yearly Dividend Yield** of **4.01%**, **ADC** is a good candidate for dividend investing.

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

Dividend Yield | 4.01% |

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

Dividend Growth(5Y)8.66%

Div Incr Years11

Div Non Decr Years12

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

DP168.48%

EPS Next 2Y7.69%

EPS Next 3Y6.8%

**AGREE REALTY CORP**

NYSE:ADC (9/6/2024, 8:04:00 PM)

After market: 75.04 0 (0%)**75.04**

**+0.14 (+0.19%) **

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 Cap7.55B

Analysts

Price Target

Dividend

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

Dividend Yield | 4.01% |

Dividend Growth(5Y)

DP

Div Incr Years

Div Non Decr Years

Ex-Date

Surprises & Revisions

EPS beat(2)

Avg EPS beat(2)

Min EPS beat(2)

Max EPS beat(2)

EPS beat(4)

Avg EPS beat(4)

Min EPS beat(4)

Max EPS beat(4)

EPS beat(8)

Avg EPS beat(8)

EPS beat(12)

Avg EPS beat(12)

EPS beat(16)

Avg EPS beat(16)

Revenue beat(2)

Avg Revenue beat(2)

Min Revenue beat(2)

Max Revenue beat(2)

Revenue beat(4)

Avg Revenue beat(4)

Min Revenue beat(4)

Max Revenue beat(4)

Revenue beat(8)

Avg Revenue beat(8)

Revenue beat(12)

Avg Revenue beat(12)

Revenue beat(16)

Avg Revenue beat(16)

PT rev (1m)

PT rev (3m)

EPS NQ rev (1m)

EPS NQ rev (3m)

EPS NY rev (1m)

EPS NY rev (3m)

Revenue NQ rev (1m)

Revenue NQ rev (3m)

Revenue NY rev (1m)

Revenue NY rev (3m)

Valuation

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

PE | 42.4 | ||

Fwd PE | 39.94 | ||

P/S | |||

P/FCF | |||

P/OCF | |||

P/B | |||

P/tB | |||

EV/EBITDA |

EPS(TTM)

EY

EPS(NY)

Fwd EY

FCF(TTM)

FCFY

OCF(TTM)

OCFY

SpS

BVpS

TBVpS

PEG (NY)3.66

PEG (5Y)N/A

Profitability

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

ROA | 2.24% | ||

ROE | 3.47% | ||

ROCE | |||

ROIC | |||

ROICexc | |||

ROICexgc | |||

OM | 48.78% | ||

PM (TTM) | 30.74% | ||

GM | 88.27% | ||

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 | 0.52 | ||

Debt/FCF | |||

Debt/EBITDA | |||

Cap/Depr | |||

Cap/Sales | |||

Interest Coverage | |||

Cash Conversion | |||

Profit Quality | |||

Current Ratio | 0.79 | ||

Quick Ratio | 0.79 | ||

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)

High Growth Momentum

Growth

EPS 1Y (TTM)1.72%

EPS 3Y-2.35%

EPS 5Y

EPS Q2Q%

EPS Next Y11.6%

EPS Next 2Y

EPS Next 3Y

EPS Next 5Y

Revenue 1Y (TTM)20.68%

Revenue growth 3Y29.31%

Revenue growth 5Y

Sales Q2Q%

Revenue Next Year

Revenue Next 2Y

Revenue Next 3Y

Revenue Next 5Y

EBIT growth 1Y

EBIT growth 3Y

EBIT growth 5Y

EBIT Next Year

EBIT Next 3Y

EBIT Next 5Y

FCF growth 1Y

FCF growth 3Y

FCF growth 5Y

OCF growth 1Y

OCF growth 3Y

OCF growth 5Y