Agree Realty Corporation (ADC)
ValueMarkers Composite Index
59% below intrinsic value ($189)
Agree Realty Corporation (ADC) — VMCI valuation read
Agree Realty Corporation sits at VMCI 54/100, with the Real Estate sector median at 50. That 4-point spread is the first thing to note on ADC: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.
Form 4 disclosures on ADC are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.
**Investor frame.** The Value read on ADC: ADC trades at 16.0x earnings, 11% below the Real Estate median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 8.0% trails the Real Estate median (10.0%) by 2.0pp. The Risk read: net debt to EBITDA of -2.2x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.
ADC fell 3.1% over the trailing 7 days, with a -11.7% read on a 30-day basis.
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol ADC.
Related Stocks in Real Estate
Top peers ranked by VM Score. Compare valuation, quality, and risk metrics across the sector.