VICI PROPERTIES INC (VICI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VICI - US9256521090 - REIT
28.42 USD
+0.27 (+0.96%)
28.44 USD
+0.02 (+0.07%)
Overall VICI gets a fundamental rating of 6 out of 10. We evaluated VICI against 30 industry peers in the Specialized REITs industry. VICI scores excellent on profitability, but there are concerns on its financial health. VICI is valued quite cheap, while showing a decent growth score. This is a good combination! Finally VICI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- VICI had positive earnings in the past year.
- VICI had a positive operating cash flow in the past year.
- Each year in the past 5 years VICI has been profitable.
- Each year in the past 5 years VICI had a positive operating cash flow.
1.2 Ratios
- VICI has a Return On Assets of 5.99%. This is in the better half of the industry: VICI outperforms 80.00% of its industry peers.
- VICI has a Return On Equity of 10.06%. This is in the better half of the industry: VICI outperforms 73.33% of its industry peers.
- VICI has a Return On Invested Capital of 6.34%. This is in the better half of the industry: VICI outperforms 80.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for VICI is in line with the industry average of 4.86%.
- The 3 year average ROIC (5.29%) for VICI is below the current ROIC(6.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.99% | ||
| ROE | 10.06% | ||
| ROIC | 6.34% |
ROA(3y)4.86%
ROA(5y)5.11%
ROE(3y)8.38%
ROE(5y)8.6%
ROIC(3y)5.29%
ROIC(5y)5.36%
1.3 Margins
- The Profit Margin of VICI (70.18%) is better than 93.33% of its industry peers.
- In the last couple of years the Profit Margin of VICI has grown nicely.
- The Operating Margin of VICI (92.60%) is better than 100.00% of its industry peers.
- In the last couple of years the Operating Margin of VICI has remained more or less at the same level.
- VICI has a better Gross Margin (99.33%) than 100.00% of its industry peers.
- In the last couple of years the Gross Margin of VICI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 92.6% | ||
| PM (TTM) | 70.18% | ||
| GM | 99.33% |
OM growth 3Y-1.26%
OM growth 5Y-0.56%
PM growth 3Y1.19%
PM growth 5Y2.66%
GM growth 3Y0.23%
GM growth 5Y0.29%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VICI is destroying value.
- Compared to 1 year ago, VICI has more shares outstanding
- VICI has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for VICI has been reduced compared to a year ago.
2.2 Solvency
- VICI has an Altman-Z score of 1.39. This is a bad value and indicates that VICI is not financially healthy and even has some risk of bankruptcy.
- VICI has a better Altman-Z score (1.39) than 73.33% of its industry peers.
- The Debt to FCF ratio of VICI is 7.63, which is on the high side as it means it would take VICI, 7.63 years of fcf income to pay off all of its debts.
- VICI has a Debt to FCF ratio of 7.63. This is in the better half of the industry: VICI outperforms 80.00% of its industry peers.
- A Debt/Equity ratio of 0.64 indicates that VICI is somewhat dependend on debt financing.
- VICI has a better Debt to Equity ratio (0.64) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 7.63 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.84
WACC7.59%
2.3 Liquidity
- A Current Ratio of 0.69 indicates that VICI may have some problems paying its short term obligations.
- VICI has a Current ratio (0.69) which is comparable to the rest of the industry.
- A Quick Ratio of 0.69 indicates that VICI may have some problems paying its short term obligations.
- With a Quick ratio value of 0.69, VICI perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
- VICI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.96%.
- VICI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.23% yearly.
- VICI shows a small growth in Revenue. In the last year, the Revenue has grown by 4.31%.
- The Revenue has been growing by 33.88% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-2.96%
EPS 3Y13.3%
EPS 5Y15.23%
EPS Q2Q%1.43%
Revenue 1Y (TTM)4.31%
Revenue growth 3Y36.62%
Revenue growth 5Y33.88%
Sales Q2Q%4.44%
3.2 Future
- Based on estimates for the next years, VICI will show a small growth in Earnings Per Share. The EPS will grow by 5.12% on average per year.
- VICI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.06% yearly.
EPS Next Y9.13%
EPS Next 2Y7.16%
EPS Next 3Y5.12%
EPS Next 5YN/A
Revenue Next Year4.23%
Revenue Next 2Y3.54%
Revenue Next 3Y2.73%
Revenue Next 5Y4.06%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- VICI is valuated reasonably with a Price/Earnings ratio of 10.85.
- Based on the Price/Earnings ratio, VICI is valued cheaper than 93.33% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.54, VICI is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 9.67, the valuation of VICI can be described as reasonable.
- Based on the Price/Forward Earnings ratio, VICI is valued cheaper than 96.67% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of VICI to the average of the S&P500 Index (24.31), we can say VICI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.85 | ||
| Fwd PE | 9.67 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, VICI is valued cheaper than 90.00% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, VICI is valued cheaper than 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.15 | ||
| EV/EBITDA | 12.91 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- VICI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.19
PEG (5Y)0.71
EPS Next 2Y7.16%
EPS Next 3Y5.12%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.46%, VICI is a good candidate for dividend investing.
- VICI's Dividend Yield is rather good when compared to the industry average which is at 5.69. VICI pays more dividend than 83.33% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.92, VICI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
5.2 History
- On average, the dividend of VICI grows each year by 8.63%, which is quite nice.
- VICI has been paying a dividend for over 5 years, so it has already some track record.
- VICI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)8.63%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
- 65.54% of the earnings are spent on dividend by VICI. This is not a sustainable payout ratio.
- VICI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP65.54%
EPS Next 2Y7.16%
EPS Next 3Y5.12%
28.42
+0.27 (+0.96%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)10-30 2025-10-30/amc
Earnings (Next)02-18 2026-02-18/amc
Inst Owners100.68%
Inst Owner Change0.09%
Ins Owners0.27%
Ins Owner Change-0.49%
Market Cap30.38B
Revenue(TTM)3.97B
Net Income(TTM)2.79B
Analysts81.94
Price Target36.49 (28.4%)
Short Float %2.78%
Short Ratio2.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
Yearly Dividend1.67
Dividend Growth(5Y)8.63%
DP65.54%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.5%
Min EPS beat(2)-0.32%
Max EPS beat(2)17.33%
EPS beat(4)1
Avg EPS beat(4)-6.19%
Min EPS beat(4)-26.29%
Max EPS beat(4)17.33%
EPS beat(8)4
Avg EPS beat(8)-3.38%
EPS beat(12)6
Avg EPS beat(12)-2.93%
EPS beat(16)7
Avg EPS beat(16)-5.31%
Revenue beat(2)0
Avg Revenue beat(2)-1.04%
Min Revenue beat(2)-1.23%
Max Revenue beat(2)-0.86%
Revenue beat(4)0
Avg Revenue beat(4)-1.11%
Min Revenue beat(4)-1.23%
Max Revenue beat(4)-0.86%
Revenue beat(8)0
Avg Revenue beat(8)-0.98%
Revenue beat(12)3
Avg Revenue beat(12)-0.47%
Revenue beat(16)4
Avg Revenue beat(16)0.11%
PT rev (1m)-0.25%
PT rev (3m)-2.69%
EPS NQ rev (1m)-2.99%
EPS NQ rev (3m)-2.74%
EPS NY rev (1m)0.17%
EPS NY rev (3m)0.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.85 | ||
| Fwd PE | 9.67 | ||
| P/S | 7.65 | ||
| P/FCF | 13.15 | ||
| P/OCF | 12.34 | ||
| P/B | 1.1 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 12.91 |
EPS(TTM)2.62
EY9.22%
EPS(NY)2.94
Fwd EY10.34%
FCF(TTM)2.16
FCFY7.6%
OCF(TTM)2.3
OCFY8.11%
SpS3.71
BVpS25.89
TBVpS25.89
PEG (NY)1.19
PEG (5Y)0.71
Graham Number39.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.99% | ||
| ROE | 10.06% | ||
| ROCE | 8.03% | ||
| ROIC | 6.34% | ||
| ROICexc | 6.41% | ||
| ROICexgc | 6.41% | ||
| OM | 92.6% | ||
| PM (TTM) | 70.18% | ||
| GM | 99.33% | ||
| FCFM | 58.2% |
ROA(3y)4.86%
ROA(5y)5.11%
ROE(3y)8.38%
ROE(5y)8.6%
ROIC(3y)5.29%
ROIC(5y)5.36%
ROICexc(3y)5.35%
ROICexc(5y)5.47%
ROICexgc(3y)5.35%
ROICexgc(5y)3.94%
ROCE(3y)6.7%
ROCE(5y)6.78%
ROICexgc growth 3Y41.44%
ROICexgc growth 5Y27.34%
ROICexc growth 3Y-2.76%
ROICexc growth 5Y2.56%
OM growth 3Y-1.26%
OM growth 5Y-0.56%
PM growth 3Y1.19%
PM growth 5Y2.66%
GM growth 3Y0.23%
GM growth 5Y0.29%
F-Score6
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 7.63 | ||
| Debt/EBITDA | 4.79 | ||
| Cap/Depr | 4149.4% | ||
| Cap/Sales | 3.83% | ||
| Interest Coverage | 4.56 | ||
| Cash Conversion | 66.93% | ||
| Profit Quality | 82.94% | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.39 |
F-Score6
WACC7.59%
ROIC/WACC0.84
Cap/Depr(3y)59033.7%
Cap/Depr(5y)57630.8%
Cap/Sales(3y)71.67%
Cap/Sales(5y)110.02%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.96%
EPS 3Y13.3%
EPS 5Y15.23%
EPS Q2Q%1.43%
EPS Next Y9.13%
EPS Next 2Y7.16%
EPS Next 3Y5.12%
EPS Next 5YN/A
Revenue 1Y (TTM)4.31%
Revenue growth 3Y36.62%
Revenue growth 5Y33.88%
Sales Q2Q%4.44%
Revenue Next Year4.23%
Revenue Next 2Y3.54%
Revenue Next 3Y2.73%
Revenue Next 5Y4.06%
EBIT growth 1Y0.33%
EBIT growth 3Y34.89%
EBIT growth 5Y33.14%
EBIT Next Year-7.86%
EBIT Next 3Y0.27%
EBIT Next 5YN/A
FCF growth 1Y93.94%
FCF growth 3Y30.13%
FCF growth 5YN/A
OCF growth 1Y17.67%
OCF growth 3Y38.5%
OCF growth 5Y28.41%
VICI PROPERTIES INC / VICI FAQ
What is the ChartMill fundamental rating of VICI PROPERTIES INC (VICI) stock?
ChartMill assigns a fundamental rating of 6 / 10 to VICI.
What is the valuation status of VICI PROPERTIES INC (VICI) stock?
ChartMill assigns a valuation rating of 8 / 10 to VICI PROPERTIES INC (VICI). This can be considered as Undervalued.
How profitable is VICI PROPERTIES INC (VICI) stock?
VICI PROPERTIES INC (VICI) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for VICI stock?
The Earnings per Share (EPS) of VICI PROPERTIES INC (VICI) is expected to grow by 9.13% in the next year.
How sustainable is the dividend of VICI PROPERTIES INC (VICI) stock?
The dividend rating of VICI PROPERTIES INC (VICI) is 7 / 10 and the dividend payout ratio is 65.54%.