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 6,661 - -
Change - -4.65% 19.35% 37.52% 7.16% 13.34% - -
Enterprise Value (EV) 1 4,619 4,771 5,619 7,569 8,337 9,705 10,042 10,430
Change - 3.31% 17.76% 34.71% 10.14% 16.42% 3.47% 3.86%
P/E 35.2x 23.7x 20.6x 27.2x 23.2x 23.4x 21.9x 21.4x
PBR 1.76x 1.34x - 1.65x 1.38x 1.47x 1.38x 1.33x
PEG - 1.1x 0.8x -3.75x 2.1x 8.16x 3.2x 9.21x
Capitalization / Revenue 15.2x 11.7x 11.1x 12.2x 10.5x 10.3x 8.69x 7.65x
EV / Revenue 20.1x 16.7x 15.6x 16.8x 14.9x 14.9x 13.1x 12x
EV / EBITDA 23.6x 19x 17.3x 18.4x 16.3x 16.3x 14.3x 12.9x
EV / EBIT 36.4x 29.3x 33.4x 26.2x 23.2x 24.9x 21.2x 19.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1 1.075 1.12 1.16 1.205 1.268 1.321 1.377
Rate of return 3.47% 4.58% 4.38% 3.71% 4.06% 4.12% 4.29% 4.47%
EPS 2 0.82 0.99 1.24 1.15 1.28 1.317 1.407 1.439
Distribution rate 122% 109% 90.3% 101% 94.1% 96.3% 93.9% 95.6%
Net sales 1 230.2 286.5 359.6 449.6 561.2 649.6 766.2 870.8
EBITDA 1 195.9 251.4 324.2 410.8 512.7 595.8 700.6 806.9
EBIT 1 126.7 162.8 168 288.6 359.1 390.5 473.7 536.9
Net income 1 95.72 134.1 190.7 203 253 289.3 335.8 374.1
Net Debt 1 1,114 1,430 1,631 2,085 2,460 3,044 3,381 3,768
Reference price 2 28.83 23.47 25.56 31.28 29.66 30.80 30.80 30.80
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.($)
23.39x14.94x16.29x4.12% 6.66B
23.66x13.5x15.78x5.26% 16.18B
8.58x14.01x18.09x6.13% 6.88B
12.54x14.85x17.02x5.09% 6.52B
8.89x16.73x20.15x7.87% 6.11B
10.3x14.69x15.77x6.88% 6B
8.61x13.96x17.92x5.79% 5.9B
11.58x11.32x12.88x5.51% 4.87B
19.77x10.45x13.02x6.13% 4.62B
Average 14.15x 13.83x 16.32x 5.86% 7.08B
Weighted average by Cap. 15.60x 13.92x 16.40x 5.75%

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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