VICI - NYSE
VICI Properties Inc.
$27.21
-1.2%VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 29 gaming facilities comprising over 48 million square feet and features approximately 19,200 hotel rooms and more than 200 restaurants, bars and nightclubs. Its properties are leased to industry leading gaming and hospitality operators, including Caesars Entertainment, Inc., Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming, Inc. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties' strategy is to create the nation's highest quality and most productive experiential real estate portfolio.
At a Glance
Live SnapshotVICI Properties Inc. Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
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DCF Valuation Summary
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.7B | $2.8B | $3.0B | $3.1B | $3.3B | $3.5B | $3.7B | $3.9B | $4.1B | $4.4B |
| Maintenance CapEx | -$282.1K | -$298.2K | -$315.1K | -$332.9K | -$351.8K | -$371.8K | -$392.9K | -$415.2K | -$438.7K | -$463.6K |
| Owner Earnings | $2.7B | $2.8B | $3.0B | $3.1B | $3.3B | $3.5B | $3.7B | $3.9B | $4.1B | $4.4B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $2.5B | $2.4B | $2.4B | $2.3B | $2.3B | $2.2B | $2.2B | $2.1B | $2.1B | $2.0B |
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