| Company Name: | Agree Realty Corporation | | Ticker Symbol: | ADC | | | WWW Address: | www.agreerealty.com |
| CEO: | Joey Agree | | No. of Employees: | 14 |
| Common Issue Type: | RE | | Business Description: | Agree Realty Corporation is a REIT, focused mainly on the ownership, development, acquisition and management of single tenant retail properties net leased to national tenants.
|
| | | Industry Information: | REAL ESTATE - Property Management [more like this] |
|
| Price | Day Change | Bid | Ask | Open | High | Low | Volume | | 33.85 |  0.24 | - | - | 33.51 | 33.65 | 32.61 | 105444 |
| Market Cap (mil) | Shares Outstanding (mil) | Beta | EPS | DPS | P/E | Yield | 52-Wks-Range |
| 448.2 | 13.2 | 1.23 | 1.62 | 1.60 | 20.9 | 4.9 | 33.65 - 20.61 |
|
| KEY FIGURES (Latest Twelve Months - LTM) | | Yesterday's Close | 33.61 | $ | | PE Ratio - LTM | 20.9 | |
| Market Capitalisation | 448.2 | mil |
| Latest Shares Outstanding | 13.2 | mil |
| Earnings pS (EPS) | 1.62 | $ |
| Dividend pS (DPS) | 1.60 | ¢ |
| Dividend Yield | 4.9 | % |
| Dividend Payout Ratio | 99 | % |
| Revenue per Employee | 2,556,408 | $ |
| Effective Tax Rate | 0.0 | % |
| Float | 12.5 | mil |
| Float as % of Shares Outstanding | 94.6 | % |
| Foreign Sales | - | |
| Domestic Sales | - | |
| Selling, General & Adm/tive (SG&A) as % of Revenue | - | |
| Research & Devlopment (R&D) as % of Revenue | - | |
| Gross Profit Margin | - | |
| EBITDA Margin | 56.0 | % |
| Pre-Tax Profit Margin | 41.7 | % |
| Assets Turnover | 0.1 | % |
| Return on Assets (ROA) | 5.0 | % |
| Return on Equity (ROE) | 9.5 | % |
| Return on Capital Invested (ROCI) | 5.9 | % |
| Current Ratio | - | |
| Leverage Ratio (Assets/Equity) | 1.9 | |
| Interest Cover | 3.9 | |
| Total Debt/Equity (Gearing Ratio) | 0.60 | |
| LT Debt/Total Capital | 38.0 | % |
| Working Capital pS | - | |
| Cash pS | - | |
| Book-Value pS | 14.75 | $ |
| Tangible Book-Value pS | 13.14 | $ |
| Cash Flow pS | 1.40 | $ |
| Free Cash Flow pS | -4.96 | $ |
 |
| KEY FIGURES (LTM): Price info |
| Price/Book Ratio | 2.28 | |
| Price/Tangible Book Ratio | 2.56 | |
| Price/Cash Flow | 23.9 | |
| Price/Free Cash Flow | -6.8 | |
| P/E as % of Industry Group | 0.0 | % |
| P/E as % of Sector Segment | 0.0 | % |
| | | Balance Sheet (at a glance) in Millions |
| | | | | | DIVIDEND INFO | | Dividend Declared Date | 03/04/2013 |
| Dividend Ex-Date | 03/25/2013 |
| Dividend Record Date | 03/28/2013 |
| Dividend Pay Date | 04/08/2013 |
| Dividend Amount | 410 |
| Type of Payment | Cash Payment |
| Dividend Rate | 1.64 |
| Current Dividend Yield | 4.9 |
| 5-Y Average Dividend Yield | 7.1 |
| Payout Ratio | 99.0 |
| 5-Y Average Payout Ratio | 116.0 |
|  | | Share price performance previous 3 years |
|
 | | | Share price performance intraday |
|
 | |
| |
| PRICE/VOLUME | High | Low | Close | % Price Chg | % Price Chg vs. Mkt. | Avg. Daily Vol | Total Vol |
| 1 Week | - | - | - | 2.3 | 102 | 902 | 858 |
| 4 Weeks | 33.65 | 29.37 | 30.60 | 9.8 | 104 | 834 | 13,336 |
| 13 Weeks | 33.65 | 27.50 | 28.45 | 18.1 | 107 | 808 | 48,509 |
| 26 Weeks | 33.65 | 25.50 | 25.80 | 30.3 | 110 | 709 | 85,791 |
| 52 Weeks | 33.65 | 20.61 | 21.00 | 60.0 | 127 | 586 | 143,559 |
| YTD | 33.65 | 26.74 | - | 25.5 | 107 | 772 | 74,133 |
| Moving Average | 5-Days | 10-Days | 10-Weeks | 30-Weeks | 200-Days | Beta (60-Mnth) | Beta (36-Mnth) |
| 32.60 | 32.00 | 29.96 | 28.09 | 27.16 | 1.23 | 0.50 |
|
| |
| GROWTH RATES | 5-Year
Growh | R² of 5-Year Growth | 3-Year
Growth |
| Revenue | 0.84 | 8.9 | -1.85 |
| Income | -8.21 | 35.4 | -13.87 |
| Dividend | 5.25 | 17.6 | 12.04 |
| Capital Spending | 0.00 | NA | 0.00 |
| R&D | 0.00 | NA | 0.00 |
| Normalized Inc. | 0.00 | NA | 0.00 |
| | | CHANGES | YTD vs.
Last YTD | Curr Qtr vs.
Qtr 1-Yr ago | Annual vs.
Last Annual |
| Revenue % | 11.5 | 11.5 | -7.5 |
| Earnings % | 13.7 | 13.7 | 88.1 |
| EPS % | -4.7 | -4.7 | 63.6 |
| EPS $ | -0.02 | -0.02 | 0.63 |
|
| |
| SOLVENCY RATIOS | | SHORT-TERM SOLVENCY RATIOS (LIQUIDITY) |
| Free Cash Flow Margin | -183.46 |
| Free Cash Flow Margin 5YEAR AVG | -73.28 |
| Cash-Flow pS | 1.92 |
| Free Cash-Flow pS | -5.74 |
| FINANCIAL STRUCTURE RATIOS |
| Financial Leverage Ratio (Assets/Equity) | 1.89 |
| Debt Ratio | 47.23 |
| Total Debt/Equity (Gearing Ratio) | 0.60 |
| LT Debt/Equity | 0.60 |
| LT Debt/Capital Invested | 37.54 |
| LT Debt/Total Liabilities | 67.16 |
| | | | VALUATION RATIOS | | MULTIPLES |
| PQ Ratio | 8.56 |
| Tobin's Q Ratio | 1.34 |
| Current P/E Ratio - LTM | 20.90 |
| Enterprise Value (EV)/EBITDA | 0.21 |
| Enterprise Value (EV)/Free Cash Flow | 5.19 |
| Dividend Yield | 4.9 |
| Price/Tangible Book Ratio - LTM | 2.56 |
| Price/Book Ratio - LTM | 2.28 |
| Price/Cash Flow Ratio | 23.9 |
| Price/Free Cash Flow Ratio - LTM | -6.8 |
| P/E Ratio (1 month ago) - LTM | 18.3 |
| P/E Ratio (26 weeks ago) - LTM | 16.8 |
| P/E Ratio (52 weeks ago) - LTM | 22.3 |
| 5-Y High P/E Ratio | 26.6 |
| 5-Y Low P/E Ratio | 4.1 |
| 5-Y Average P/E Ratio | 15.5 |
| Current P/E Ratio as % of 5-Y Average P/E | 135 |
| P/E as % of Industry Group | 0.0 |
| P/E as % of Sector Segment | 0.0 |
| Current 12 Month Normalized P/E Ratio - LTM | 25.9 |
| PER SHARE FIGURES |
| Tangible Book Value pS - LTM | 13.14 |
| Book Value pS - LTM | 14.75 |
| Capital Invested pS | 23.61 |
| Cash Flow pS - LTM | 1.40 |
| Free Cash Flow pS - LTM | -4.96 |
| Earnings pS (EPS) | 1.62 |
| | | | OPERATING RATIOS | | PROFITABILITY |
| Return on Equity (ROE) | 9.24 |
| Return on Equity (ROE) - 5YEAR AVRG. | 9.1 |
| Return on Capital Invested (ROCI) | 5.77 |
| Return on Capital Invested (ROCI) - 5YEAR AVRG. | 5.7 |
| Return on Assets (ROA) | 4.88 |
| Return on Assets (ROA) - 5YEAR AVRG. | 4.9 |
| EBIT Margin - LTM | 56.0 |
| EBITDA Margin - LTM | 56.0 |
| Pre-Tax Profit Margin | 41.70 |
| Pre-Tax Profit Margin - 5YEAR AVRG. | 46.44 |
| Net Profit Margin | 50.43 |
| Net Profit Margin - 5YEAR AVRG. | 39.97 |
| Effective Tax Rate | 0.00 |
| Effective Tax Rate - 5YEAR AVRG. | 0.00 |
| EFFICIENCY RATIOS |
| Revenue per Employee - LTM | 2,720,079 |
| Net Income per Employee - LTM | 1,375,268 |
| Assets/Revenue - LTM | 1,000.00 |
| Assets/Revenue - 5YEAR AVRG. | 782.98 |
|
|  
|
