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 6,994 - -
Change - -4.65% 19.35% 37.52% 7.16% 19.01% - -
Enterprise Value (EV) 1 4,619 4,771 5,619 7,569 8,337 10,059 10,365 10,781
Change - 3.31% 17.76% 34.71% 10.14% 20.66% 3.04% 4.01%
P/E 35.2x 23.7x 20.6x 27.2x 23.2x 24.8x 23.2x 22.2x
PBR 1.76x 1.34x - 1.65x 1.38x 1.48x 1.45x 1.4x
PEG - 1.1x 0.8x -3.75x 2.1x 12.79x 3.51x 4.86x
Capitalization / Revenue 15.2x 11.7x 11.1x 12.2x 10.5x 10.7x 9.04x 8.04x
EV / Revenue 20.1x 16.7x 15.6x 16.8x 14.9x 15.4x 13.4x 12.4x
EV / EBITDA 23.6x 19x 17.3x 18.4x 16.3x 16.7x 14.7x 13.4x
EV / EBIT 36.4x 29.3x 33.4x 26.2x 23.2x 24.5x 21.5x 20x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1 1.075 1.12 1.16 1.205 1.268 1.323 1.371
Rate of return 3.47% 4.58% 4.38% 3.71% 4.06% 3.92% 4.09% 4.24%
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% 97.1% 95.1% 94.3%
Net sales 1 230.2 286.5 359.6 449.6 561.2 653.8 773.4 870.5
EBITDA 1 195.9 251.4 324.2 410.8 512.7 600.9 703.7 802.8
EBIT 1 126.7 162.8 168 288.6 359.1 410.5 482.6 540
Net income 1 95.72 134.1 190.7 203 253 283.3 335.7 377.1
Net Debt 1 1,114 1,430 1,631 2,085 2,460 3,065 3,370 3,786
Reference price 2 28.83 23.47 25.56 31.28 29.66 32.34 32.34 32.34
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.($)
24.6x14.99x16.3x3.93% 694.24Cr
25.6x13.75x16.14x4.97% 1.67TCr
8.8x14.01x18.13x6.13% 676.68Cr
14.46x14.8x15.88x5.01% 657Cr
9.4x17.11x20.65x7.46% 635.01Cr
10.56x14.92x16.01x6.71% 604.37Cr
8.64x13.96x18.02x5.75% 585.94Cr
20.36x10.4x13.09x5.95% 474.19Cr
11.28x11.14x12.66x5.65% 466.24Cr
Average 14.86x 13.90x 16.32x 5.73% 718.74Cr
Weighted average by Cap. 16.66x 14.04x 16.47x 5.58%

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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