Mulya.ai
Ticker
VICI
Scenario
Key Inputs
Revenue est.?Analysttaper yr2
OP margin est.?Analyst
Reinvestment est.?avg_lt_ttm
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?7.6%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.676
Beta (levered) ?1.062
Terminal OM% ?78.7%
Segment conc. ?100% dominant
Terminal growth ?4.1%
Bond rating ?A · 1.20%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

VICI · VICI Properties Inc.

$27.202026-07-21
Sector: Real Estate; Industry: REIT - Specialty; Sub-Industry: Hotel & Resort REITs

Intrinsic Value Range Comparison · Mulya.ai

Bull
$24
-12.5% vs market
Base · active
$22
-18.4% vs market
Bear
$22
-18.4% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $22
Base $22
Bull $24
Market $27
Median $31
Market Price $27
Mulya.ai Base $22
Analysts Median $31
Mulya.ai IV range ($22 · $24)
Analysts Range ($29 · $34)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2024.Q1$3.6B92.6%0.0%$3.4B−$48MM$3.3B7.6%8.1%$41.6B$2.35
2024.Q4$3.6B0.0%92.6%0.4%$3.3B−$15MM$3.3B8.0%7.9%$42.7B$2.35
2025.Q1$3.8B6.6%92.1%0.2%$3.5B$4MM$3.5B8.0%8.2%$43.1B$2.51
2025.Q4$3.8B0.0%92.1%0.1%$3.5B$62MM$3.6B7.4%10.1%$27.2B$2.51
2026.Q1$4.0B5.2%98.7%0.3%$4.0B$30MM$4.0B7.6%11.1%$44.5B$2.917.3
italics below = DCF projection · 10yr Rev CAGR: 4%
2027.Q1$4.2B+3.9%91.4%2.3%$3.8B−$1.4B$2.3B7.7%$2.2B8.3%$45.9B$3.517.8
2028.Q1$4.4B+3.9%91.4%4.2%$3.8B−$1.3B$2.6B7.8%$2.2B8.2%$47.2B$3.587.6
2029.Q1$4.5B+3.9%91.4%6.2%$3.9B−$1.2B$2.7B7.8%$2.2B8.1%$48.3B$3.647.5
2030.Q1$4.7B+4.0%91.4%8.2%$4.0B−$1.1B$2.9B7.9%$2.1B8.1%$49.4B$3.707.4
2031.Q1$4.9B+4.0%91.4%10.1%$4.0B−$1.0B$3.0B8.0%$2.1B8.1%$50.4B$3.777.2
Term. Yr+$6.2B4.1%78.7%20.0%$3.9B−$1.9B$2.1B8.6%$21.0B8.6%
Active scenario IV: $22 (-18.4% vs market)