Agree Realty Corp
NYSE:ADC

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Agree Realty Corp
NYSE:ADC
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Price: 69.81 USD -0.51%
Market Cap: 7.2B USD
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Agree Realty Corp
Other Non-Cash Items

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Agree Realty Corp
Other Non-Cash Items Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Non-Cash Items CAGR 3Y CAGR 5Y CAGR 10Y
Agree Realty Corp
NYSE:ADC
Other Non-Cash Items
$37.1m
CAGR 3-Years
4%
CAGR 5-Years
N/A
CAGR 10-Years
22%
Federal Realty Investment Trust
NYSE:FRT
Other Non-Cash Items
-$70m
CAGR 3-Years
7%
CAGR 5-Years
-19%
CAGR 10-Years
N/A
Simon Property Group Inc
NYSE:SPG
Other Non-Cash Items
-$377.8m
CAGR 3-Years
12%
CAGR 5-Years
-11%
CAGR 10-Years
-12%
Kimco Realty Corp
NYSE:KIM
Other Non-Cash Items
-$47.5m
CAGR 3-Years
59%
CAGR 5-Years
16%
CAGR 10-Years
N/A
Realty Income Corp
NYSE:O
Other Non-Cash Items
$177.2m
CAGR 3-Years
41%
CAGR 5-Years
37%
CAGR 10-Years
N/A
Regency Centers Corp
NASDAQ:REG
Other Non-Cash Items
-$66.7m
CAGR 3-Years
9%
CAGR 5-Years
5%
CAGR 10-Years
0%
No Stocks Found

Agree Realty Corp
Glance View

Market Cap
7.2B USD
Industry
Real Estate
Economic Moat
None

In the realm of real estate investment trusts (REITs), Agree Realty Corporation has carved a niche for itself by specializing in retail properties. Founded in 1971, the company has grown its portfolio to include predominantly free-standing, net-leased properties across the United States. Unlike many traditional landlords, Agree Realty's business model revolves around the net lease structure, where tenants are responsible for most, if not all, property-related expenses such as maintenance, insurance, and taxes. This model not only mitigates risk but also provides a predictable stream of income, since tenants are mainly high-quality, creditworthy retailers that agree to long-term leases. This strategic positioning allows Agree Realty to limit its exposure to the volatility often seen in retail and focus on generating stable revenue streams. Agree Realty’s business agility is reflected in its tenant base and proactive acquisition strategy. The majority of its properties are leased to national tenants with a focus on recognized leaders in various retail sectors, including grocery, drugstores, and dollar stores—industries known for their resilience against economic downturns and e-commerce pressures. By concentrating on properties with essential retail tenants, Agree Realty captures a reliable cash flow and higher occupancy rates. Furthermore, the company continuously expands its portfolio through strategic acquisitions, which are meticulously selected based on rigorous market analyses and financial merit, ensuring these properties align with their long-term growth objectives. Through this model, Agree Realty not only fortifies its income stability but also retains the flexibility to adapt its portfolio in response to evolving market trends.

ADC Intrinsic Value
65.44 USD
Overvaluation 6%
Intrinsic Value
Price

See Also

What is Agree Realty Corp's Other Non-Cash Items?
Other Non-Cash Items
37.1m USD

Based on the financial report for Sep 30, 2024, Agree Realty Corp's Other Non-Cash Items amounts to 37.1m USD.

What is Agree Realty Corp's Other Non-Cash Items growth rate?
Other Non-Cash Items CAGR 10Y
22%

Over the last year, the Other Non-Cash Items growth was 30%. The average annual Other Non-Cash Items growth rates for Agree Realty Corp have been 4% over the past three years , and 22% over the past ten years .

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