Agree Realty Corp
NYSE:ADC
Intrinsic Value
The intrinsic value of one ADC stock under the Base Case scenario is 61.41 USD. Compared to the current market price of 67.09 USD, Agree Realty Corp is Overvalued by 8%.
The Intrinsic Value is calculated as the average of the two valuation methods:
Fundamental Analysis
ADC Profitability Score
Profitability Due Diligence
Agree Realty Corp's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
Score
Agree Realty Corp's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
ADC Solvency Score
Solvency Due Diligence
Agree Realty Corp's solvency score is 43/100. The higher the solvency score, the more solvent the company is.
Score
Agree Realty Corp's solvency score is 43/100. The higher the solvency score, the more solvent the company is.
Balance Sheet Decomposition
Agree Realty Corp
| Current Assets | 93.6M |
| Cash & Short-Term Investments | 27.8M |
| Receivables | 65.8M |
| Non-Current Assets | 6.6B |
| PP&E | 5.8B |
| Intangibles | 799M |
| Other Non-Current Assets | 18.2M |
| Current Liabilities | 99.9M |
| Accounts Payable | 60.2M |
| Accrued Liabilities | 17.4M |
| Other Current Liabilities | 22.3M |
| Non-Current Liabilities | 2B |
| Long-Term Debt | 1.9B |
| Other Non-Current Liabilities | 38.1M |
ADC Capital Structure
Agree Realty Corp
| Market Capitalization | 6B USD | |
| Total Debt | 1.9B USD | |
| Minority Interest | 1.4M USD | |
| Preferred Equity | 0 USD | |
| Cash and Equivalents | 27.8M USD | |
| Short-Term Investments | 0 USD | |
| Enterprise Value | 8B USD | |
Wall St
Price Targets
ADC Price Targets Summary
Agree Realty Corp
According to Wall Street analysts, the average 1-year price target for ADC is 79.67 USD with a low forecast of 73.73 USD and a high forecast of 89.25 USD.
Ownership
ADC Insider Trading
Buy and sell transactions by insiders
During the last 12 months Agree Realty Corp insiders bought 1.8M USD , and have not sold any shares. The last transaction was made on Mar 25, 2023 by Erlich Craig (CHIEF OPERATING OFFICER), who bought 159k USD worth of ADC shares.
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
N/A
|
159k
USD
|
159k
|
| 6 Months |
N/A
|
1.7M
USD
|
1.7M
|
| 9 Months |
N/A
|
1.7M
USD
|
1.7M
|
| 12 Months |
N/A
|
1.8M
USD
|
1.8M
|
Shareholder Return
ADC Return Decomposition
Main factors of price return
Market capitalization of ADC shares increased by 395.44% over the past 5 years. The primary factor behind the change was an increase in revenue growth from 117M to 528M, leading to a growth in the market capitalization of Agree Realty Corp by 371.94%.
Market capitalization of ADC shares increased by 395.44% over the past 5 years. The primary factor behind the change was an increase in revenue growth from 117M to 528M, leading to a growth in the market capitalization of Agree Realty Corp by 371.94%.
ADC Price
Agree Realty Corp
| Average Annual Return | 15.5% |
| Standard Deviation of Annual Returns | 12.07% |
| Max Drawdown | -21% |
| Market Capitalization | 6B USD |
| Shares Outstanding | 90 173 400 |
| Percentage of Shares Shorted | 8.5% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Agree Realty Corp. is a real estate investment trust, which focuses on the ownership, development, acquisition, and management of retail properties net leased to national tenants. The company is headquartered in Bloomfield Hills, Michigan and currently employs 57 full-time employees. The firm operates a portfolio of approximately 1,404 properties, located in 47 states and containing approximately 29.1 million square feet of gross leasable area. The firm's properties include AAMCO, AARON'S Rents, Page, Arizona, AARON'S Rents, Bullhead City, Arizona, AARON'S RENTS, Elk City, Oklahoma, Advance Auto Parts, Saginaw, Michigan, Advance Auto Parts, Sidney, Ohio, AT&T St. Robert, Missouri, AT&T St. Robert, Missouri, Academy Sports McKinney, Texas, ALDI Columbus, Georgia, Amazon Fresh Bloomingdale, Illinois, AMC Springfield, Missouri and more. Its portfolio of properties is located at Texas, Illinois, Michigan, Ohio, North Carolina, Florida, New Jersey, California, Pennsylvania, New York, Georgia, Virginia, Wisconsin and Connecticut.
Contact
IPO
Employees
Officers
The intrinsic value of one ADC stock under the Base Case scenario is 61.41 USD.
Compared to the current market price of 67.09 USD, Agree Realty Corp is Overvalued by 8%.
