What Is VICI Fair Value?
Vici Properties (VICI) fair value estimate using multiple valuation models, updated daily.
As of October 14, 2026, Vici Properties (VICI) has a composite fair value estimate of $42.43 based on four valuation models: DCF (41% weight), Graham Number (29% weight), PEG (29% weight), and DDM (0% weight). The current market price is $22.94, suggesting the stock is undervalued by 85.0%.
Data as of October 14, 2026 (today)
Composite Fair Value
Undervalued3 of 4 models$42.43
vs. current price of $22.94(+85.0%)
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)
41% weightEstimates 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 →
$46.31
+101.9%Undervalued
Inputs used
DDM (Dividend Discount Model)
0% weightIf 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 →
N/A
This stock does not pay a dividend, so the DDM cannot be applied. The composite adjusts by redistributing this weight to the other models.
VICI Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
29% weightCreated 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
+76.5%Undervalued
Inputs used
PEG (Price/Earnings to Growth)
29% weightChecks 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
+19.9%Undervalued
Inputs used
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
Current price $22.94 is 101.9% below this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $2.22B | $2.09B |
| Year 2 | $2.38B | $2.10B |
| Year 3 | $2.54B | $2.11B |
| Year 4 | $2.71B | $2.11B |
| Year 5 | $2.90B | $2.12B |
| Year 6 | $3.10B | $2.13B |
| Year 7 | $3.31B | $2.14B |
| Year 8 | $3.54B | $2.15B |
| Year 9 | $3.78B | $2.16B |
| Year 10 | $4.04B | $2.17B |
| Terminal Value | $105.07B | $56.26B |
What Are VICI's Key Financial Metrics?
Earnings & Growth
Current Price
$22.94
EPS (TTM)
$2.57
Forward P/E
7.7
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
$26.00
Average
$31.58
High
$38.00
Upside
+37.7%
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 $42.43. The stock is currently trading at $22.94, 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 $22.94 is 85.0% below our estimated fair value of $42.43.
What do Wall Street analysts say about VICI?
24 analysts cover Vici Properties with a consensus rating of "Buy." The average price target is $31.58, ranging from $26.00 to $38.00. This implies 37.7% upside from the current price.