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Agree Realty Corp
NYSE:ADC

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Agree Realty Corp Logo
Agree Realty Corp
NYSE:ADC
Watchlist
Price: 60.53 USD 0.28% Market Closed
Updated: May 19, 2024

Intrinsic Value

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. [ Read More ]

The intrinsic value of one ADC stock under the Base Case scenario is 67.94 USD. Compared to the current market price of 60.53 USD, Agree Realty Corp is Undervalued by 11%.

Key Points:
ADC Intrinsic Value
Base Case
67.94 USD
Undervaluation 11%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

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Agree Realty Corp

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Fundamental Analysis

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Agree Realty Corp

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of Agree Realty Corp against its competitors.

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(gross, operating, and net) of Agree Realty Corp compared to its peers.

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Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Agree Realty Corp

Current Assets 103m
Cash & Short-Term Investments 6.3m
Receivables 91.3m
Other Current Assets 5.4m
Non-Current Assets 7.8B
PP&E 6.9B
Intangibles 841m
Other Non-Current Assets 43.2m
Current Liabilities 137.9m
Accounts Payable 66.2m
Accrued Liabilities 16.8m
Other Current Liabilities 54.9m
Non-Current Liabilities 2.6B
Long-Term Debt 2.5B
Other Non-Current Liabilities 37.6m
Efficiency

Earnings Waterfall
Agree Realty Corp

Revenue
560.3m USD
Cost of Revenue
-66.9m USD
Gross Profit
493.4m USD
Operating Expenses
-221.3m USD
Operating Income
272.2m USD
Other Expenses
-106.8m USD
Net Income
165.4m USD

Free Cash Flow Analysis
Agree Realty Corp

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
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Fundamental Scores

ADC Profitability Score
Profitability Due Diligence

Agree Realty Corp's profitability score is 53/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
Positive Operating Income
Positive Net Income
Exceptional 3-Years Revenue Growth
53/100
Profitability
Score

Agree Realty Corp's profitability score is 53/100. The higher the profitability score, the more profitable the company is.

ADC Solvency Score
Solvency Due Diligence

Agree Realty Corp's solvency score is 36/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Low D/E
Short-Term Solvency
Low Altman Z-Score
36/100
Solvency
Score

Agree Realty Corp's solvency score is 36/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

ADC Price Targets Summary
Agree Realty Corp

Wall Street analysts forecast ADC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ADC is 67.1 USD with a low forecast of 60.6 USD and a high forecast of 74.55 USD.

Lowest
Price Target
60.6 USD
0% Upside
Average
Price Target
67.1 USD
11% Upside
Highest
Price Target
74.55 USD
23% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Competitors Analysis
Agree Realty Corp

Ownership

ADC Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

ADC Price
Agree Realty Corp

1M 1M
+7%
6M 6M
+5%
1Y 1Y
-8%
3Y 3Y
-4%
5Y 5Y
+6%
10Y 10Y
+200%
Annual Price Range
60.53
52w Low
53.7644
52w High
68.82
Price Metrics
Average Annual Return 5.13%
Standard Deviation of Annual Returns 5.69%
Max Drawdown -39%
Shares Statistics
Market Capitalization 6.1B USD
Shares Outstanding 100 630 000
Percentage of Shares Shorted 5.2%

ADC Return Decomposition
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Company Profile

Agree Realty Corp Logo
Agree Realty Corp

Country

United States of America

Industry

Real Estate

Market Cap

6.1B USD

Dividend Yield

4.96%

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

MICHIGAN
Bloomfield Hills
70 E. Long Lake Road
+18107374190.0
http://www.agreerealty.com/

IPO

1994-04-15

Employees

57

Officers

Executive Chairman of the Board
Mr. Richard A. Agree
President, CEO & Director
Mr. Joel N. Agree
CFO, Secretary & Investor Relations Professional
Mr. Peter Coughenour
Chief Operating Officer
Ms. Nicole Witteveen
General Counsel
Ms. Danielle M. Spehar
Chief Growth Officer
Mr. Craig Erlich
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Chief Accounting Officer
Mr. Stephen Breslin
Director of Corporate Finance
Mr. Brian Michael Hawthorne
Chief Information Officer & VP of Continuous Improvement
Mr. Larry Kaufman
Director of Development
Mr. Josh Bratton
Show Less

See Also

Discover More
What is the Intrinsic Value of one ADC stock?

The intrinsic value of one ADC stock under the Base Case scenario is 67.94 USD.

Is ADC stock undervalued or overvalued?

Compared to the current market price of 60.53 USD, Agree Realty Corp is Undervalued by 11%.