Company Valuation: Essential Properties Realty Trust, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,504 3,341 3,988 5,484 5,877 7,063 - -
Change - -4.65% 19.35% 37.52% 7.16% 20.19% - -
Enterprise Value (EV) 1 4,619 4,771 5,619 7,569 8,337 10,142 10,449 10,873
Change - 3.31% 17.76% 34.71% 10.14% 21.66% 3.03% 4.05%
P/E 35.2x 23.7x 20.6x 27.2x 23.2x 24.6x 23.1x 22.1x
PBR 1.76x 1.34x - 1.65x 1.38x 1.47x 1.44x 1.39x
PEG - 1.1x 0.8x -3.75x 2.1x 12.69x 3.49x 4.84x
Capitalization / Revenue 15.2x 11.7x 11.1x 12.2x 10.5x 10.6x 9.11x 8.07x
EV / Revenue 20.1x 16.7x 15.6x 16.8x 14.9x 15.2x 13.5x 12.4x
EV / EBITDA 23.6x 19x 17.3x 18.4x 16.3x 16.5x 14.8x 13.5x
EV / EBIT 36.4x 29.3x 33.4x 26.2x 23.2x 24.6x 21.5x 19.9x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1 1.075 1.12 1.16 1.205 1.261 1.323 1.371
Rate of return 3.47% 4.58% 4.38% 3.71% 4.06% 3.93% 4.12% 4.27%
EPS 2 0.82 0.99 1.24 1.15 1.28 1.305 1.391 1.455
Distribution rate 122% 109% 90.3% 101% 94.1% 96.7% 95.1% 94.3%
Net sales 1 230.2 286.5 359.6 449.6 561.2 668.3 775.7 875.3
EBITDA 1 195.9 251.4 324.2 410.8 512.7 614.7 705.3 806.5
EBIT 1 126.7 162.8 168 288.6 359.1 413 486.7 546.1
Net income 1 95.72 134.1 190.7 203 253 288.8 336.9 379.6
Net Debt 1 1,114 1,430 1,631 2,085 2,460 3,079 3,386 3,809
Reference price 2 28.83 23.47 25.56 31.28 29.66 32.10 32.10 32.10
Nbr of stocks (in thousands) 121,555 142,368 156,024 175,332 198,145 216,273 - -
Announcement Date 16/02/22 15/02/23 14/02/24 12/02/25 11/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.03x15.24x16.5x3.88% 7.06B
25.68x13.78x16.17x4.95% 16.8B
8.98x14.17x18.33x6% 6.94B
14.49x14.82x15.9x5% 6.61B
10.26x17.32x20.94x7.51% 6.37B
10.58x14.94x16.03x6.7% 6.09B
8.8x14.1x18.2x5.64% 6B
11.48x11.26x12.8x5.55% 4.76B
20.38x10.41x13.09x5.95% 4.75B
Average 15.08x 14.00x 16.44x 5.69% 7.26B
Weighted average by Cap. 16.83x 14.14x 16.58x 5.54%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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