VICI Properties (MEX:VICI) EV-to-EBIT: 12.19 (As of Aug. 16, 2026) — 23% Below Median

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MEX:VICI VICI Properties Inc MEX:VICI
63 GF Score
Price MXN450.10
GF Value MXN552.56
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is VICI Properties EV-to-EBIT?

VICI Properties MEX:VICI +1.07% 63 EV-to-EBIT is 12.19 as of Aug. 16, 2026, which is 23% below its 10-year median of 15.85. GuruFocus rates MEX:VICI with a GF Score™ of 63/100 and a GF Value™ of MXN552.56 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 656 REITs companies, VICI Properties ranks better than 68.29% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, VICI Properties's Enterprise Value is MXN800,842 Mil. VICI Properties's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was MXN65,704 Mil. Therefore, VICI Properties's EV-to-EBIT for today is 12.19.

The historical rank and industry rank for VICI Properties's EV-to-EBIT or its related term are showing as below:

MEX:VICI' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.42   Med: 15.85   Max: 3697942.75
Current: 12.87

During the past 12 years, the highest EV-to-EBIT of VICI Properties was 3697942.75. The lowest was 11.42. And the median was 15.85.

MEX:VICI's EV-to-EBIT is ranked better than
68.29% of 656 companies
in the REITs industry
Industry Median: 18.03 vs MEX:VICI: 12.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. VICI Properties's Enterprise Value for the quarter that ended in Jun. 2026 was MXN824,213 Mil. VICI Properties's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was MXN65,704 Mil. VICI Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.97%.


VICI Properties  (MEX:VICI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

VICI Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=65703.941/824213.4245
=7.97 %

VICI Properties's Enterprise Value for the quarter that ended in Jun. 2026 was MXN824,213 Mil.
VICI Properties's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN65,704 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


VICI Properties EV-to-EBIT Related Terms


VICI Properties EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for VICI Properties's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VICI Properties EV-to-EBIT Chart

VICI Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.40 27.22 15.07 13.61 12.98

VICI Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.39 14.26 12.98 11.70 12.93

MEX:VICI vs WPC, BNL, GNL: EV-to-EBIT Comparison

For the REIT - Diversified subindustry, VICI Properties's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VICI Properties EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, VICI Properties's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where VICI Properties's EV-to-EBIT falls into.


MEX:VICI
63GF Score
VICI Properties Inc MEX:VICI
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VICI Properties EV-to-EBIT Calculation

VICI Properties's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=800841.910/65703.941
=12.19

VICI Properties's current Enterprise Value is MXN800,842 Mil.
VICI Properties's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN65,704 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 12.19 mean?
VICI Properties (MEX:VICI) has a EV-to-EBIT of 12.19 as of Aug. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on VICI Properties and its competitors. This is 23% below median its historical median of 15.85. Over the past decade, VICI Properties' EV-to-EBIT has ranged from 11.42 to 3,697,942.75. According to the industry distribution chart, VICI Properties ranks #208 out of 656 companies in the REITs industry, placing it in the top 31.7%.
Is VICI Properties' EV-to-EBIT too high?
VICI Properties' current EV-to-EBIT of 12.19 is 23% below median its 10-year median of 15.85. Over the past 10 years, this metric has ranged from a low of 11.42 to a high of 3,697,942.75. The REITs industry median EV-to-EBIT is 18.03. VICI Properties' value of 12.19 is 32.4% below this industry median. Based on the distribution chart, VICI Properties ranks #208 out of 656 companies in the REITs industry, which is above the industry midpoint. Overall, VICI Properties has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VICI Properties' EV-to-EBIT compare to WPC and BNL?
According to the REITs industry distribution chart, VICI Properties ranks #208 out of 656 companies for EV-to-EBIT. This puts VICI Properties in the upper half of its industry. The industry median EV-to-EBIT is 18.03. VICI Properties' value of 12.19 is 32.4% below this benchmark. Historically, VICI Properties' own EV-to-EBIT has ranged from 11.42 to 3,697,942.75 over the past decade. While the company's 10-year median is 15.85 vs. the industry median of 18.03, VICI Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.03, based on 656 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VICI Properties's current EV-to-EBIT of 12.19 is 32.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on VICI Properties and its competitors. For the REITs industry, the median EV-to-EBIT is 18.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VICI Properties's current EV-to-EBIT is 12.19, which is 23% below median its own 10-year median of 15.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VICI Properties stock overvalued right now?
Based on GuruFocus' analysis, VICI Properties (MEX:VICI) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN552.56, compared to a current price of MXN450.10 — trading 18.5% below its estimated fair value. The current EV-to-EBIT is 12.19, which is 23% below median its 10-year median of 15.85 and 32.4% below the REITs industry median of 18.03. VICI Properties' overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For VICI Properties (MEX:VICI), the current EV-to-EBIT is 12.19 as of Aug. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VICI Properties (MEX:VICI) Overvalued in 2026?

Based on GuruFocus' analysis, VICI Properties stock appears to be undervalued. The current stock price of MXN450.10 is trading 18.5% below its estimated GF Value™ of MXN552.56. GuruFocus considers VICI Properties to be Modestly Undervalued.

Key valuation signals for MEX:VICI:

  • EV-to-EBIT: 12.19 (23% below median its 10-year median of 15.85)
  • GF Value™: MXN552.56 vs. price of MXN450.10 (18.5% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 32.4% below the REITs median (#208 of 656)

No single metric tells the full story. See the MEX:VICI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VICI Properties Business Description

Industry Real EstateREITs
Other Exchanges VICI:USA1KN:Germany
Address 535 Madison Avenue, 20th Floor, New York, NY, USA, 10022
VICI Properties Inc is a real estate investment trust based in the United States. It engaged in the business of owning and acquiring gaming, hospitality, wellness, entertainment and leisure destinations, subject to long-term triple net leases. It own nearly 93 experiential assets across a geographically portfolio consisting of nearly 54 gaming properties and nearly 39 other experiential properties across the United States and Canada, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas.
63GF Score

Get the complete analysis for MEX:VICI

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN450.10
Price
MXN552.56
GF Value