VICI Vici Properties
too hard · 55
Owner-earnings value$31.24
Price$24.05
Margin of safety
+29.9%
Quality gate · 55/100
⚠ sub-hurdle returns (median roic 8% < 9%) · over-levered (net debt/EBITDA 4.7x > 4x)
Median ROIC8.1%
Gross margin99.3%
Net debt / EBITDA4.7x
FCF conversion99%
Share count / yr+3.5%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 2.64B |
| Owner-earnings yield | 10.0% |
| Free-cash-flow yield | 10.0% |
| Growth used (normalized) | -3.4% |
| Market-implied growth (reverse DCF) | -9.4% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.0% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 2.55B | -3.4% | 2.34B |
| 2 | 2.48B | -2.7% | 2.08B |
| 3 | 2.43B | -2.0% | 1.87B |
| 4 | 2.40B | -1.3% | 1.70B |
| 5 | 2.38B | -0.6% | 1.55B |
| 6 | 2.38B | 0.1% | 1.42B |
| 7 | 2.41B | 0.9% | 1.32B |
| 8 | 2.44B | 1.6% | 1.23B |
| 9 | 2.50B | 2.3% | 1.15B |
| 10 | 2.57B | 3.0% | 1.09B |
Recent news
score · 8 articles
- How to Build $8,150 a Month in Dividend Income Without Owning a Single Bond
- Where You Hold SCHD and JEPI Matters More Than You Think: The Taxable vs. IRA Math
- Dividends vs. an Annuity: Which Turns $590,000 Into More Monthly Income for Life?
- Here’s Why VICI Stock’s Yield Just Touched 7.64%, the Highest Point on Record
- VICI Properties Inc. (VICI) Stock Falls Amid Market Uptick: What Investors Need to Know
- 3 US Dividend Stocks Worth Watching As Higher Rates Put Payouts In Focus
- Boomers Are Piling Into These 5 High-Yield Dividend Stocks, and None Are Yield Traps
- Why VICI Properties’ 7.19% Yield Beats Realty Income’s Dividend Streak, At Least For Now
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~-9%/yr owner-earnings growth over 10y (reverse DCF); model credits -3%. Capped at market + 6pts.