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33.47 (1y: +61%)
Market Cap 439.5 M P/E(ttm) 20.80
Enterprise Value 563.82 M P/B 2.27
ADC- NYSE (USA)
Agree Realty Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$33.47
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.008
ADC's Cash to Debt is ranked lower than
79% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.04 vs. ADC: 0.008 )
ADC' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.08
Current: 0.01
0.01
0.08
Equity to Asset 0.47
ADC's Equity to Asset is ranked higher than
50% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.47 vs. ADC: 0.47 )
ADC' s 10-Year Equity to Asset Range
Min: 0.3   Max: 0.59
Current: 0.47
0.3
0.59
Interest Coverage 3.9
ADC's Interest Coverage is ranked higher than
69% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.80 vs. ADC: 3.9 )
ADC' s 10-Year Interest Coverage Range
Min: 2   Max: 5
Current: 3.9
2
5
F-Score: 7
Z-Score: 1.85
M-Score: 0.49
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 56.00
ADC's Operating margin (%) is ranked higher than
66% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 34.40 vs. ADC: 56.00 )
ADC' s 10-Year Operating margin (%) Range
Min: 38.4   Max: 62
Current: 56
38.4
62
Net-margin (%) 50.4
ADC's Net-margin (%) is ranked higher than
64% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 29.10 vs. ADC: 50.4 )
ADC' s 10-Year Net-margin (%) Range
Min: 26.3   Max: 50.8
Current: 50.4
26.3
50.8
ROE (%) 9.2
ADC's ROE (%) is ranked higher than
68% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 6.20 vs. ADC: 9.2 )
ADC' s 10-Year ROE (%) Range
Min: 6   Max: 16.7
Current: 9.2
6
16.7
ROA (%) 4.9
ADC's ROA (%) is ranked higher than
70% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.50 vs. ADC: 4.9 )
ADC' s 10-Year ROA (%) Range
Min: 3.2   Max: 7.2
Current: 4.9
3.2
7.2
ROC (Joel Greenblatt) (%) 6.10
ADC's ROC (Joel Greenblatt) (%) is ranked higher than
79% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.10 vs. ADC: 6.10 )
ADC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 5.2   Max: 9.4
Current: 6.1
5.2
9.4
Revenue Growth (%) -9
ADC's Revenue Growth (%) is ranked lower than
83% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.00 vs. ADC: -9 )
ADC' s 10-Year Revenue Growth (%) Range
Min: -9   Max: 3.6
Current: -9
-9
3.6
EBITDA Growth (%) -8.9
ADC's EBITDA Growth (%) is ranked lower than
88% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.00 vs. ADC: -8.9 )
ADC' s 10-Year EBITDA Growth (%) Range
Min: -13.8   Max: 9.2
Current: -8.9
-13.8
9.2
EPS Growth (%) -6.7
ADC's EPS Growth (%) is ranked lower than
84% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.00 vs. ADC: -6.7 )
ADC' s 10-Year EPS Growth (%) Range
Min: -15.6   Max: 6
Current: -6.7
-15.6
6
ยป ADC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

ADC Guru Trades in Q2 2012

Jim Simons 47,400 sh (-15.81%)
» More
Q3 2012

ADC Guru Trades in Q3 2012

Manning & Napier Advisors, Inc 74,890 sh (New)
Jim Simons 37,500 sh (-20.89%)
» More
Q4 2012

ADC Guru Trades in Q4 2012

Manning & Napier Advisors, Inc 113,560 sh (+51.64%)
Jim Simons 28,300 sh (-24.53%)
» More
Q1 2013

ADC Guru Trades in Q1 2013

Jim Simons 52,900 sh (+86.93%)
Manning & Napier Advisors, Inc 192,631 sh (+69.63%)
» More
» Details

Insider Trades

Latest Guru Trades with ADC



No Insider Trades Found!

Top Ranked Articles about Agree Realty Corporation

My 3 Favorite Stocks With Dividend Growth From Last Week
March 10, 2013
Stocks with dividend hikes from last week originally published at โ€œlong-term-investments.blogspot.comโ€. The total number of stocks which announced a dividend hike shrank to 57 over the last week. Thatโ€™s still a big value compared to figure of the recent months. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 20.80
ADC's P/E(ttm) is ranked lower than
52% of the 269 Companies
in the Global REIT - Retail industry.

( Industry Median: 19.90 vs. ADC: 20.80 )
ADC' s 10-Year P/E(ttm) Range
Min: 5.25   Max: 75.08
Current: 20.8
5.25
75.08
P/B 2.27
ADC's P/B is ranked lower than
82% of the 329 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.30 vs. ADC: 2.27 )
ADC' s 10-Year P/B Range
Min: 0.62   Max: 2.21
Current: 2.27
0.62
2.21
P/S 10.20
ADC's P/S is ranked lower than
78% of the 338 Companies
in the Global REIT - Retail industry.

( Industry Median: 7.00 vs. ADC: 10.20 )
ADC' s 10-Year P/S Range
Min: 2.25   Max: 10.2
Current: 10.2
2.25
10.2
EV-to-EBIT 26.11
ADC's EV-to-EBIT is ranked higher than
51% of the 309 Companies
in the Global REIT - Retail industry.

( Industry Median: 27.00 vs. ADC: 26.11 )
ADC' s 10-Year EV-to-EBIT Range
Min: 5.5   Max: 66.9
Current: 26.11
5.5
66.9
Shiller P/E 18
ADC's Shiller P/E is ranked lower than
100% of the Companies
in the Global REIT - Retail industry.

( Industry Median: vs. ADC: 18 )
ADC' s 10-Year Shiller P/E Range
Min: 4.93   Max: 17.99
Current: 18
4.93
17.99

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 4.81
ADC's Dividend Yield is ranked higher than
64% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.06 vs. ADC: 4.81 )
ADC' s 10-Year Dividend Yield Range
Min: 4.81   Max: 19.05
Current: 4.81
4.81
19.05
Dividend Payout 1.5
ADC's Dividend Payout is ranked lower than
57% of the 246 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.05 vs. ADC: 1.5 )
ADC' s 10-Year Dividend Payout Range
Min: 0.92   Max: 1.62
Current: 1.5
0.92
1.62
Dividend growth (3y) -5.7
ADC's Dividend growth (3y) is ranked lower than
86% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.00 vs. ADC: -5.7 )
ADC' s 10-Year Dividend growth (3y) Range
Min: -5.7   Max: 1.6
Current: -5.7
-5.7
1.6
Yield on cost (5-Year) 3.48
ADC's Yield on cost (5-Year) is ranked lower than
53% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 3.76 vs. ADC: 3.48 )
ADC' s 10-Year Yield on cost (5-Year) Range
Min: 3.4   Max: 13.54
Current: 3.48
3.4
13.54
Share Buyback Rate -8.7
ADC's Share Buyback Rate is ranked lower than
72% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: -2.80 vs. ADC: -8.7 )
ADC' s 10-Year Share Buyback Rate Range
Min: -0.5   Max: -13.9
Current: -8.7

Valuation & Return

vs
industry		 vs
history
Price/Tangible Book 2.5
ADC's Price/Tangible Book is ranked lower than
84% of the 328 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.30 vs. ADC: 2.5 )
ADC' s 10-Year Price/Tangible Book Range
Min: 1.1   Max: 2.1
Current: 2.5
1.1
2.1
Price/DCF (Projected) 10.1
ADC's Price/DCF (Projected) is ranked lower than
87% of the 158 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.00 vs. ADC: 10.1 )
ADC' s 10-Year Price/DCF (Projected) Range
Min: 1.2   Max: 6.8
Current: 10.1
1.2
6.8
Price/Median PS Value 2.1
ADC's Price/Median PS Value is ranked lower than
87% of the 319 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.30 vs. ADC: 2.1 )
ADC' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.4
Current: 2.1
0.5
1.4
Price/Graham Number 1.8
ADC's Price/Graham Number is ranked lower than
63% of the 272 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.10 vs. ADC: 1.8 )
ADC' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 1.3
Current: 1.8
0.6
1.3
Earnings Yield (Greenblatt) 3.80
ADC's Earnings Yield (Greenblatt) is ranked higher than
56% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 3.40 vs. ADC: 3.80 )
ADC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.5   Max: 18.3
Current: 3.8
1.5
18.3
Forward Rate of Return (Yacktman) -12.98
ADC's Forward Rate of Return (Yacktman) is ranked lower than
84% of the 341 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.00 vs. ADC: -12.98 )
ADC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -13.5   Max: 70.2
Current: -12.98
-13.5
70.2

Business Description

Agree Realty Corporation, a Maryland corporation, is a fully-integrated, self-administered and self-managed REIT. It was incorporated in December 1993. It is focused primarily on the ownership, development, acquisition and management of single tenant retail properties net leased to national tenants. The Company is focused on the development and acquisition of single tenant net lease retail properties throughout the United States. The Company's growing portfolio of retailers consists of 87 assets in 23 states, containing approximately 3.4 million square feet. The Company's innovative development and acquisition strategies, adaptive real estate technology, and extensive capabilities are relied upon by its partners, including Walgreens, McDonalds, JP Morgan Chase, PNC and Wawa.
Company Website
SEC Reports
Industry: REIT - Retail
Compare:GGP, AKR, CLP, RIOCF, BTLCY
ยป More Articles for ADC

Headlines

Articles On GuruFocus.com
My 3 Favorite Stocks With Dividend Growth From Last Week Mar 10 2013 
Weekly Top Insider Buys: ADBC, NPBC, BSET, ADC, EXA Jan 21 2013 
Agree Realty Corp. Reports Operating Results (10-K) Mar 15 2011 
Agree Realty Corp. Reports Operating Results (10-Q) Nov 05 2010 
Agree Realty Corp. Reports Operating Results (10-Q) Aug 09 2010 
Agree Realty Corp. Reports Operating Results (10-Q) May 10 2010 
Agree Realty Corp. Reports Operating Results (10-Q) Nov 04 2009 
Companies Raising Dividends: Realty Income, Philip Morris International, Texas Instruments, W. P. Ca Sep 21 2009 
Agree Realty Corp. Reports Operating Results (10-Q) Aug 07 2009 
Agree Realty Corp. Reports Operating Results (10-Q) May 08 2009 

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