Agree Realty Corporation (ADC): Price and Financial Metrics

ADC POWR Grades

• ADC scores best on the Sentiment dimension, with a Sentiment rank ahead of 84.7% of US stocks.
• The strongest trend for ADC is in Quality, which has been heading down over the past 177 days.
• ADC ranks lowest in Value; there it ranks in the 7th percentile.

ADC Stock Summary

• Of note is the ratio of AGREE REALTY CORP's sales and general administrative expense to its total operating expenses; just 5.64% of US stocks have a lower such ratio.
• For ADC, its debt to operating expenses ratio is greater than that reported by 92.57% of US equities we're observing.
• ADC's price/sales ratio is 11.17; that's higher than the P/S ratio of 91.69% of US stocks.
• Stocks that are quantitatively similar to ADC, based on their financial statements, market capitalization, and price volatility, are SRC, WPC, GMRE, CUBE, and DRH.
• ADC's SEC filings can be seen here. And to visit AGREE REALTY CORP's official web site, go to www.agreerealty.com.

ADC Valuation Summary

• In comparison to the median Real Estate stock, ADC's price/sales ratio is 171.43% higher, now standing at 11.4.
• ADC's price/earnings ratio has moved up 18.4 over the prior 243 months.

Below are key valuation metrics over time for ADC.

ADC Growth Metrics

Its year over year cash and equivalents growth rate is now at 249.65%.
• Its 4 year net cashflow from operations growth rate is now at 117.04%.
• The 4 year price growth rate now stands at 23.73%.

ADC's revenue has moved up $228,874,000 over the prior 34 months.

The table below shows ADC's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-12-31	429.814	362.121	145
2022-09-30	404.695	329.293	137.225
2022-06-30	382.167	278.458	136.033
2022-03-31	359.837	261.987	124.266
2021-12-31	339.323	246.315	120.125
2021-09-30	319.327	238.068	112.448

ADC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• ADC has a Quality Grade of C, ranking ahead of 47.34% of graded US stocks.
• ADC's asset turnover comes in at 0.071 -- ranking 277th of 444 Trading stocks.
• BLK, HNNA, and MAA are the stocks whose asset turnover ratios are most correlated with ADC.

The table below shows ADC's key quality metrics over time.