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 6,743 - -
Change - -4.65% 19.35% 37.52% 7.16% 14.73% - -
Enterprise Value (EV) 1 4,619 4,771 5,619 7,569 8,337 9,617 10,157 10,600
Change - 3.31% 17.76% 34.71% 10.14% 15.36% 5.61% 4.36%
P/E 35.2x 23.7x 20.6x 27.2x 23.2x 23.9x 22.4x 21.4x
PBR 1.76x 1.34x - 1.65x 1.38x 1.42x 1.4x 1.35x
PEG - 1.1x 0.8x -3.75x 2.1x 12.33x 3.39x 4.68x
Capitalization / Revenue 15.2x 11.7x 11.1x 12.2x 10.5x 10.1x 8.68x 7.71x
EV / Revenue 20.1x 16.7x 15.6x 16.8x 14.9x 14.5x 13.1x 12.1x
EV / EBITDA 23.6x 19x 17.3x 18.4x 16.3x 15.9x 14.4x 13.1x
EV / EBIT 36.4x 29.3x 33.4x 26.2x 23.2x 23.3x 20.9x 19.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1 1.075 1.12 1.16 1.205 1.278 1.329 1.367
Rate of return 3.47% 4.58% 4.38% 3.71% 4.06% 4.1% 4.26% 4.38%
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% 97.9% 95.5% 94%
Net sales 1 230.2 286.5 359.6 449.6 561.2 665.4 776.6 874.9
EBITDA 1 195.9 251.4 324.2 410.8 512.7 603.9 706.4 807.7
EBIT 1 126.7 162.8 168 288.6 359.1 413 486.7 546.1
Net income 1 95.72 134.1 190.7 203 253 285.5 332.1 370
Net Debt 1 1,114 1,430 1,631 2,085 2,460 2,874 3,414 3,857
Reference price 2 28.83 23.47 25.56 31.28 29.66 31.18 31.18 31.18
Nbr of stocks (in thousands) 121,555 142,368 156,024 175,332 198,145 216,246 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.9x14.45x15.92x4.1% 6.74B
24.4x13.32x15.64x5.21% 15.96B
8.78x13.72x17.8x6.31% 6.63B
14.4x14.73x15.78x5.04% 6.52B
9.84x17x20.55x7.84% 6.11B
10.64x14.79x15.87x6.9% 5.93B
8.69x13.8x17.78x5.81% 5.83B
11.54x11.18x12.73x5.65% 4.68B
19.64x10.17x12.78x6.19% 4.56B
Average 14.65x 13.69x 16.10x 5.89% 7B
Weighted average by Cap. 16.20x 13.78x 16.19x 5.76%

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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