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v0.1
VICI$27.77-1.59%
Fair $41.08+47.9%

VICI

VICI Properties Inc.

Real Estate / REIT - DiversifiedNYSE

$27.77

-0.45 (-1.59%)

Modestly Undervalued+47.9%Fair Value $41.08Fund rank 39/100 · Data gapSEC 9/10 yrs|
SA 56/C
F-Score: 7/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

FCF escenarios

weak_data · normalized FCF n/d · quality 40.0/100

Data gap 39/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 92/100Data QA 35/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

56/100

C

Piotroski

7/9

balance/quality

Valuation

98/100

+47.9% upside

5Y CAGR

+13.9%

100/100

Data QA

83/100

SEC 90%

Latest source: sec-companyfactsPeriods: 10Warnings: 0sec-companyfacts: 9unknown: 1
Generic DCF/FCF bypassed: REIT/real-estate sector valued with a sector-specific NAV/AFFO model. NAV not curated NAV/share missing; REIT valuation uses AFFO multiple only and confidence is reduced.
Thesis & Journal · VICILocal privado en este navegador · VICI Properties Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$29.9B

P/E

11.0x

↓

EV/EBITDA

12.7x

↓

ROE

10.0%

↑

Gross Margin

99.3%

↑

Debt/Equity

0.64

↓
52-Week Range$28
$27$34

TradingView lightweight chart

VICI price, volumen y niveles de valoración

Último $27.77Periodo +38.2%
Fair value: $41.08

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2016–2025 · 9 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

62.6%

FCF / Net income

0.90x

Latest source

SEC-backed

Margin decomposition

Último año: revenue $4.01B · net income $2.78B · FCF $2.51B

2016-FY → 2025-FY

Gross margin

99.3%— pts

Operating margin

91.2%— pts

Net margin

69.3%— pts

FCF margin

62.6%— pts
SEC-backed annual metrics active for 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017. Local SEC Companyfacts override Yahoo/FMP for audited annual line items; provider-only fields remain as fallback.
MetricTTM
2025SEC
2024SEC
2023SEC
2022SEC
2021SEC
2020SEC
2019SEC
2018SEC
2017SEC
2016
Income Statement
Revenue$4.01B$4.01B$3.85B$3.61B$2.60B$1.51B$1.23B$894.8M$898.0M$187.6M—
Net Income$2.78B$2.78B$2.68B$2.51B$1.12B$1.01B$891.7M$546.0M$523.6M$44.5M—
EBITDA$3.67B$3.67B$3.56B$3.37B$1.68B——————
EPS2.612.612.562.471.271.761.751.241.430.19—
Gross Margin99.3%99.3%99.3%99.3%99.1%——————
Operating Margin91.2%91.2%92.1%92.6%62.8%—26.2%5.8%15.6%76.9%—
Net Margin69.3%69.3%69.6%69.6%43.0%67.2%72.8%61.0%58.3%23.7%—
Balance Sheet
Debt/Equity0.640.640.670.700.660.390.720.600.600.88—
Current Ratio11.1211.12—————————
Cash Flow
Free Cash Flow$2.51B$2.51B$2.37B$2.18B$1.94B——$679.4M$503.2M$129.4M—
Returns
ROE10.0%10.0%10.1%10.0%5.1%8.4%9.5%6.9%7.7%0.9%—
Valuation
P/E10.9710.9711.1811.5922.5416.2716.3623.0920.02150.68—
EV/EBITDA12.7112.7113.4814.6225.16——————
P/B1.091.091.131.151.151.361.551.581.541.39—
Growth & Yield
Revenue Growth4.1%4.1%6.6%38.9%72.3%23.2%37.0%-0.4%378.6%——
EPS Growth2.0%2.0%3.6%94.5%-27.8%0.6%41.1%-13.3%652.6%——
Dividend Yield6.4%6.4%—————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

-1.9%

fácil

EPS terminal req.

$2.46

Spread vs growth

3.9%

5Y implied EPS CAGR

2.7%

fácil

EPS terminal req.

$2.98

Spread vs growth

-0.7%

10Y implied EPS CAGR

6.3%

razonable

EPS terminal req.

$4.80

Spread vs growth

-4.3%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -6.0%

Total return

-6.0%

Start / end P/E

12.4x → 10.6x

EPS bridge

2.56 → 2.61

Residual

-0.3%

EPS growth+2.0%
Multiple rerating-14.1%
Dividend+6.4%
Residual / FX / buybacks / cross-term-0.3%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.