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 6,773 - -
Change - -4.65% 19.35% 37.52% 7.16% 15.24% - -
Enterprise Value (EV) 1 4,619 4,771 5,619 7,569 8,337 9,647 10,187 10,630
Change - 3.31% 17.76% 34.71% 10.14% 15.72% 5.6% 4.35%
P/E 35.2x 23.7x 20.6x 27.2x 23.2x 24x 22.5x 21.5x
PBR 1.76x 1.34x - 1.65x 1.38x 1.43x 1.41x 1.36x
PEG - 1.1x 0.8x -3.75x 2.1x 12.38x 3.4x 4.7x
Capitalization / Revenue 15.2x 11.7x 11.1x 12.2x 10.5x 10.2x 8.72x 7.74x
EV / Revenue 20.1x 16.7x 15.6x 16.8x 14.9x 14.5x 13.1x 12.2x
EV / EBITDA 23.6x 19x 17.3x 18.4x 16.3x 16x 14.4x 13.2x
EV / EBIT 36.4x 29.3x 33.4x 26.2x 23.2x 23.4x 20.9x 19.5x
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% 4.08% 4.24% 4.36%
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 31.32 31.32 31.32
Nbr of stocks (in thousands) 121,555 142,368 156,024 175,332 198,145 216,246 - -
Announcement Date 2/16/22 2/15/23 2/14/24 2/12/25 2/11/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.49x13.36x15.68x5.19% 16.02B
8.85x13.78x17.88x6.26% 6.67B
14.23x14.6x15.67x5.09% 6.48B
9.85x17x20.56x7.83% 6.12B
10.66x14.8x15.88x6.89% 5.93B
8.66x13.78x17.75x5.87% 5.79B
11.51x11.16x12.71x5.66% 4.69B
19.61x10.17x12.77x6.2% 4.56B
Average 13.48x 13.58x 16.11x 6.12% 7.03B
Weighted average by Cap. 15.30x 13.70x 16.22x 5.96%

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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