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VICIVici Properties

What Is VICI Fair Value?

Vici Properties (VICI) fair value estimate using multiple valuation models, updated daily.

As of August 29, 2026, Vici Properties (VICI) has a composite fair value estimate of $40.78 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $25.87, suggesting the stock is undervalued by 57.6%.

Data as of August 29, 2026 (today)

Composite Fair Value

Undervalued4 of 4 models

$40.78

vs. current price of $25.87(+57.6%)

Undervalued$40.78Overvalued
$25.87

How Is VICI Fair Value Calculated?

Four independent models estimate what VICI is worth. Each uses different inputs and assumptions. The composite blends them by weight.

VICI Intrinsic Value

Forward-looking models based on future cash flows

DCF (Discounted Cash Flow)

35% weight

Estimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →

$43.77

+69.2%

Undervalued

Inputs used

FCF: 2.1BGrowth: 6.9%Discount: 7%

DDM (Dividend Discount Model)

15% weight

If a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →

$38.42

+48.5%

Undervalued

Inputs used

Dividend: $1.80/yrReq. Return: 8%Growth: 3.4%

VICI Fair Value

Current fundamentals: earnings, assets, and growth rate

Graham Number (Value Investing)

25% weight

Created by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →

$40.49

+56.5%

Undervalued

Inputs used

EPS: $2.75Book Value: $26.49

PEG (Price/Earnings to Growth)

25% weight

Checks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.

$27.50

+6.3%

Fair Value

Inputs used

EPS: $2.75Growth: 6.9%

What If You Change the Assumptions?

Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.

Your DCF Fair Value

$43.77Undervalued

Current price $25.87 is 69.2% below this estimate

CheapFair ValueExpensive
6.9%
0.0%30.0%
6.6%
6.0%15.0%
2.5%
1.0%4.0%
15.0%
0.0%50.0%
View 10-year cash flow projections
YearProjected FCF (Free Cash Flow)Present Value
Year 1$2.22B$2.09B
Year 2$2.38B$2.09B
Year 3$2.54B$2.10B
Year 4$2.71B$2.10B
Year 5$2.90B$2.11B
Year 6$3.10B$2.11B
Year 7$3.31B$2.12B
Year 8$3.54B$2.12B
Year 9$3.78B$2.13B
Year 10$4.04B$2.13B
Terminal Value$100.81B$53.14B

What Are VICI's Key Financial Metrics?

Earnings & Growth

Current Price

$25.87

EPS (TTM)

$2.59

Forward P/E

8.7

Profit Margin

67.5%

Cash & Balance Sheet

Free Cash Flow

267M

EBITDA

3.6B

Book Value

$26.49

Total Debt

17.8B

What Do Analysts Say About VICI?

Low

$27.00

Average

$32.50

High

$38.00

Upside

+25.6%

Current $25.87Avg Target $32.50Buy24 analysts

VICI Fair Value FAQ

What is the fair value of VICI?

Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), VICI's estimated fair value is $40.78. The stock is currently trading at $25.87, which makes it undervalued by our analysis.

How is VICI's fair value calculated?

We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.

Is VICI overvalued or undervalued?

Based on our analysis, VICI is undervalued. The current price of $25.87 is 57.6% below our estimated fair value of $40.78.

What do Wall Street analysts say about VICI?

24 analysts cover Vici Properties with a consensus rating of "Buy." The average price target is $32.50, ranging from $27.00 to $38.00. This implies 25.6% upside from the current price.