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 6,410 - -
Change - -4.65% 19.35% 37.52% 7.16% 9.08% - -
Enterprise Value (EV) 1 4,619 4,771 5,619 7,569 8,337 9,455 9,791 10,179
Change - 3.31% 17.76% 34.71% 10.14% 13.41% 3.56% 3.96%
P/E 35.2x 23.7x 20.6x 27.2x 23.2x 22.5x 21.1x 20.7x
PBR 1.76x 1.34x - 1.65x 1.38x 1.42x 1.33x 1.28x
PEG - 1.1x 0.8x -3.75x 2.1x 7.85x 3.14x 9.91x
Capitalization / Revenue 15.2x 11.7x 11.1x 12.2x 10.5x 9.79x 8.34x 7.37x
EV / Revenue 20.1x 16.7x 15.6x 16.8x 14.9x 14.4x 12.7x 11.7x
EV / EBITDA 23.6x 19x 17.3x 18.4x 16.3x 15.9x 14x 12.6x
EV / EBIT 36.4x 29.3x 33.4x 26.2x 23.2x 24.2x 20.7x 19x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1 1.075 1.12 1.16 1.205 1.27 1.322 1.379
Rate of return 3.47% 4.58% 4.38% 3.71% 4.06% 4.28% 4.46% 4.65%
EPS 2 0.82 0.99 1.24 1.15 1.28 1.317 1.405 1.434
Distribution rate 122% 109% 90.3% 101% 94.1% 96.4% 94.1% 96.1%
Net sales 1 230.2 286.5 359.6 449.6 561.2 655.1 768.4 869.4
EBITDA 1 195.9 251.4 324.2 410.8 512.7 595.4 700.1 805.4
EBIT 1 126.7 162.8 168 288.6 359.1 390.5 473.7 536.9
Net income 1 95.72 134.1 190.7 203 253 289.2 335.1 373
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 29.64 29.64 29.64
Nbr of stocks (in thousands) 1,21,555 1,42,368 1,56,024 1,75,332 1,98,145 2,16,273 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.51x14.43x15.88x4.28% 641.03Cr
23.37x13.43x15.68x5.31% 1.6TCr
8.29x13.76x17.76x6.34% 664.01Cr
12.04x14.48x15.44x5.3% 636.55Cr
8.46x16.41x19.77x8.22% 586.98Cr
10.04x14.47x15.53x7.06% 584.01Cr
8.47x13.84x17.76x5.88% 579.28Cr
12.59x11.33x12.98x5.49% 521.92Cr
19.6x10.27x13.03x6.16% 459.58Cr
Average 13.93x 13.60x 15.98x 6.01% 697.41Cr
Weighted average by Cap. 15.36x 13.68x 16.04x 5.88%

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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