VICI
VICI Properties Inc
Price:  
32.15 
USD
Volume:  
4,508,656
United States | Equity Real Estate Investment Trusts (REITs)

VICI Fair Value

93.8 %
Upside

What is the fair value of VICI?

As of 2025-05-20, the Fair Value of VICI Properties Inc (VICI) is 62.3 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 32.15 USD, the upside of VICI Properties Inc is 93.8%.

Is VICI a good investment?

With the market price of 32.15 USD and our fair value calculation, VICI Properties Inc (VICI) is a good investment. Investing in VICI stocks now will result in a potential gain of 93.8%.

32.15 USD
Stock Price
62.3 USD
Fair Price
FAIR VALUE CALCULATION

VICI Fair Value

Peter Lynch's formula is:

VICI Fair Value
= Earnings Growth Rate x TTM EPS
VICI Fair Value
= 25 x 2.49
VICI Fair Value
= 62.3

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
12-202012-202112-202212-202312-20245Y Avg
Net income891.71,013.91,117.62,513.542,678.811,643
YoY growth63.3%13.7%10.2%124.9%6.6%43.7%

VICI Fair Value - Peers Benchmarking

Market Cap (mil)EPS Fair Value Upside
a
CoreSite Realty Corp56,6858.743.71-85.1%
Extra Space Storage Inc32,3844.377.57-49.2%
SBA Communications Corp25,4427.6188.77-19.8%
Life Storage Inc22,6482.253.8-59.6%
Gaming and Leisure Properties Inc13,0572.843.61-8.2%
Lamar Advertising Co12,2234.120.6-82.7%
CyrusOne Inc11,8510.31.7-98.1%
CubeSmart9,9311.733.69-22.7%
OUTFRONT Media Inc2,7311.624.9652.7%
Safehold Inc1,1181.536.45133.5%

VICI Fair Value - Key Data

Market Cap (mil)33,961
P/E12.9x
Forward P/E11.9x
EPS2.49
Avg earnings growth rate43.7%
TTM earnings2,632

VICI Fair Value - Formula's Origin

Peter Lynch is one of the most legendary investors/fund managers of all time. His philosophy for stock investing is very simple and straightforward: he invests in stocks that are undervalued, meaning its P/E is less than or equal to its earnings growth rate. He believes that if a stock is trading at its fair value, the PEG ratio, which was also invented by him, should be 1.

Therefore, his formula to determine a company's fair value is:

Peter Lynch Fair Value = Earnings Growth Rate * EPS * PEG

PEG is set to 1 so we can ignore it in the calculation. Based on the formula, if the earnings growth rate of a company is 15%, Peter Lynch is willing to buy its share up to P/E = 15.