ADC Agree Realty Corp

Price (delayed)

$64.84

Market cap

$3.59B

P/E Ratio

34.86

Dividend/share

$2.41

EPS

$1.86

Enterprise value

$4.72B

Sector: Real Estate
Industry: REIT - Retail

Highlights

Agree Realty's equity has soared by 52% YoY and by 3.6% from the previous quarter
The revenue is up by 33% year-on-year and by 7% since the previous quarter
The EPS has declined by 5% since the previous quarter but it has grown by 3.3% year-on-year
ADC's debt is up by 47% since the previous quarter and by 23% year-on-year
ADC's P/E is 22% above its 5-year quarterly average of 28.6 and 2.8% above its last 4 quarters average of 33.9

Key stats

What are the main financial stats of ADC
Market
Shares outstanding
55.37M
Market cap
$3.59B
Enterprise value
$4.72B
Valuations
Price to earnings (P/E)
34.86
Price to book (P/B)
1.54
Price to sales (P/S)
15.19
EV/EBIT
36.45
EV/EBITDA
24.88
EV/Sales
20.59
Earnings
Revenue
$229.29M
EBIT
$129.52M
EBITDA
$189.69M
Free cash flow
-$923.53M
Per share
EPS
$1.86
Free cash flow per share
-$17.19
Book value per share
$42.03
Revenue per share
$4.27
TBVPS
$58.17
Balance sheet
Total assets
$3.55B
Total liabilities
$1.28B
Debt
$1.15B
Equity
$2.26B
Working capital
N/A
Liquidity
Debt to equity
0.51
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.96
Margins
EBITDA margin
82.7%
Gross margin
87.9%
Net margin
39.4%
Operating margin
51.6%
Efficiency
Return on assets
3%
Return on equity
4.6%
Return on invested capital
3.6%
Return on capital employed
N/A
Return on sales
56.5%
Dividend
Dividend yield
3.71%
DPS
$2.41
Payout ratio
129.3%

ADC stock price

How has the Agree Realty stock price performed over time
Intraday
1.06%
1 week
1.58%
1 month
0.42%
1 year
-12.6%
YTD
-2.61%
QTD
-2.61%

Financial performance

How have Agree Realty's revenue and profit performed over time
Revenue
$229.29M
Gross profit
$201.51M
Operating income
$118.22M
Net income
$90.33M
Gross margin
87.9%
Net margin
39.4%
The revenue is up by 33% year-on-year and by 7% since the previous quarter
Agree Realty's gross profit has increased by 32% YoY and by 7% QoQ
Agree Realty's net income has increased by 28% YoY
ADC's operating income is up by 27% YoY and by 3.7% from the previous quarter

Growth

What is Agree Realty's growth rate over time

Valuation

What is Agree Realty stock price valuation
P/E
34.86
P/B
1.54
P/S
15.19
EV/EBIT
36.45
EV/EBITDA
24.88
EV/Sales
20.59
ADC's P/E is 22% above its 5-year quarterly average of 28.6 and 2.8% above its last 4 quarters average of 33.9
The EPS has declined by 5% since the previous quarter but it has grown by 3.3% year-on-year
Agree Realty's equity has soared by 52% YoY and by 3.6% from the previous quarter
The price to book (P/B) is 9% lower than the 5-year quarterly average of 1.7 and 3.8% lower than the last 4 quarters average of 1.6
The revenue is up by 33% year-on-year and by 7% since the previous quarter
The P/S is 9% above the 5-year quarterly average of 13.9

Efficiency

How efficient is Agree Realty business performance
The ROE has decreased by 12% YoY and by 8% QoQ
The company's return on assets fell by 6% QoQ and by 3.2% YoY
The ROIC has contracted by 5% from the previous quarter and by 2.7% YoY
The return on sales has declined by 4.9% since the previous quarter and by 3.6% year-on-year

Dividends

What is ADC's dividend history
DPS
$2.41
Dividend yield
3.71%
Payout ratio
129.3%
Recent dividends

Financial health

How did Agree Realty financials performed over time
ADC's total assets is 177% higher than its total liabilities
ADC's total assets is up by 41% YoY and by 14% QoQ
The total liabilities has grown by 39% from the previous quarter and by 24% YoY
ADC's debt is 49% smaller than its equity
Agree Realty's equity has soared by 52% YoY and by 3.6% from the previous quarter
ADC's debt is up by 47% since the previous quarter and by 23% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.