Agree Realty (ADC) fundamentals: P/E, valuation, undervalued?

Agree Realty · Real Estate · ref. ETF XLRE · price $73.2
Logo Agree RealtySee the full Agree Realty (ADC) profile
In short — Agree Realty trades at 39.8× earnings (P/E), 38.0× forward, with a net margin of 28.8 % and revenue growth of +17 %. Read: High P/E (P/E 40 (above average)).

Is Agree Realty stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$73.2+0.7% over range
Aug 28, 25low $70.22 · high $81.92Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
60% recommend buying · 10 analysts
Valuation : High P/E — P/E 40 (above average)

Valuation

39.8
P/E (price/earnings)
38.0
Forward P/E
18.94
PEG
1.4
Price/book (P/B)
$9.1B
Market cap
1.84
EPS

Profitability & growth

28.8 %
Net margin
+17 %
Revenue growth
+2 %
Earnings growth
$3.8B
Total debt

Agree Realty income statement

Fiscal yearRevenueNet incomeMargin
2022$430M$145M33.7 %
2023$537M$163M30.2 %
2024$617M$182M29.5 %
2025$718M$197M27.4 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Agree Realty's P/E and is the stock undervalued? What's a good P/E?

Agree Realty's P/E is 39.8 (forward 38.0). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "High P/E".

Is Agree Realty profitable?

Agree Realty has a net margin of 28.8 % (EPS 1.84). The company is profitable.

Is ADC stock expensive?

Our read: "High P/E" — P/E 40 (above average). Cross-check with growth and sector.

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