VICI Properties Inc. Fundamental Analysis (NYSE: VICI)
VICI Properties Inc. (NYSE: VICI) shows moderate financial fundamentals with a PE ratio of 10.34, profit margin of 67.35%, and ROE of 9.80%. The company generates $4.1B in annual revenue with moderate year-over-year growth of 4.08%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 48.4/100 based on profitability, valuation, growth, and balance sheet metrics. The D grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze VICI's fundamental strength across five key dimensions:
Efficiency Score
WeakVICI struggles to generate sufficient returns from assets.
Valuation Score
ExcellentVICI trades at attractive valuation levels.
Growth Score
WeakVICI faces weak or negative growth trends.
Financial Health Score
ModerateVICI shows balanced financial health with some risks.
Profitability Score
ModerateVICI maintains healthy but balanced margins.
Key Financial Metrics
Is VICI Expensive or Cheap?
P/E Ratio
VICI trades at 10.34 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, VICI's PEG of -9.00 indicates potential undervaluation.
Price to Book
The market values VICI Properties Inc. at 1.00 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 3.24 times EBITDA. This is generally considered low.
How Well Does VICI Make Money?
Net Profit Margin
For every $100 in sales, VICI Properties Inc. keeps $67.35 as profit after all expenses.
Operating Margin
Core operations generate 89.26 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $9.80 in profit for every $100 of shareholder equity.
ROA
VICI Properties Inc. generates $5.73 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
VICI Properties Inc. generates strong operating cash flow of $2.66B, reflecting robust business health.
Free Cash Flow
VICI Properties Inc. generates strong free cash flow of $2.67B, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $2.42 in free cash annually.
FCF Yield
VICI converts 8.97% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
10.34
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-9.00
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.00
vs 25 benchmark
P/S Ratio
Price to sales ratio
7.15
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.61
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.40
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.10
vs 25 benchmark
ROA
Return on assets percentage
0.06
vs 25 benchmark
ROCE
Return on capital employed
0.08
vs 25 benchmark
How VICI Stacks Against Its Sector Peers
| Metric | VICI Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 10.34 | 23.47 | Better (Cheaper) |
| ROE | 9.80% | 762.00% | Weak |
| Net Margin | 67.35% | 2485.00% | Weak |
| Debt/Equity | 0.61 | -37.43 (disorted) | Distorted |
| Current Ratio | 0.40 | 34.03 | Weak Liquidity |
| ROA | 5.73% | 258.00% | Weak |
VICI outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews VICI Properties Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
55.79%
Industry Style: Income, Inflation Hedge, REIT
High GrowthEPS CAGR
48.35%
Industry Style: Income, Inflation Hedge, REIT
High GrowthFCF CAGR
35.38%
Industry Style: Income, Inflation Hedge, REIT
High Growth