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 ?7.2%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.699
Beta (levered) ?0.699
Terminal OM% ?78.7%
Segment conc. ?100% dominant
Terminal growth ?4.1%
Bond rating ?A · 1.20%
ROIC option ?Opt 2 · 13.1%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

VICI · VICI Properties Inc.

$27.662026-05-17
Sector: Real Estate; Industry: REIT - Diversified; Sub-Industry: Hotel & Resort REITs

Intrinsic Value Range Comparison · Mulya.ai

Bull
$54
+96.7% vs market
Base · active
$45
+61.0% vs market
Bear
$45
+61.0% vs market
Mulya.ai vs Analyst IV Comparison?
Market $28
Median $32
Bear $45
Base $45
Bull $54
Market Price $28
Mulya.ai Base $45
Analysts Median $32
Mulya.ai IV range ($45 · $54)
Analysts Range ($30 · $33)
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
2021.Q4$1.5B95.7%0.3%$1.4B−$86MM$1.4B5.8%9.0%$16.1B$0.96
2022.Q4$2.6B72.3%62.8%0.3%$1.6B−$4.5B−$2.9B7.5%6.3%$35.2B$1.05
2023.Q4$3.6B38.9%92.6%0.0%$3.4B−$1.3B$2.1B7.4%8.7%$41.5B$2.37
2024.Q4$3.8B6.6%92.1%0.4%$3.5B−$15MM$3.5B8.0%8.4%$42.7B$2.52
2025.Q4$4.0B4.3%91.1%0.1%$3.7B$62MM$3.7B7.4%10.4%$27.2B$2.628.0
italics below = DCF projection · 10yr Rev CAGR: 3.3%
2026.Q4$4.1B+1.9%91.4%2.1%$3.7B−$482MM$3.2B7.4%$3.0B13.3%$27.7B$3.458.0
2027.Q4$4.2B+2.2%91.4%4.1%$3.7B−$508MM$3.2B7.5%$2.7B13.1%$28.2B$3.458.0
2028.Q4$4.3B+3.3%91.4%6.1%$3.7B−$728MM$3.0B7.6%$2.4B13.0%$28.9B$3.497.9
2029.Q4$4.5B+3.7%91.4%8.1%$3.8B−$794MM$3.0B7.7%$2.2B12.8%$29.7B$3.557.8
2030.Q4$4.7B+3.9%91.4%10.0%$3.8B−$806MM$3.0B7.8%$2.1B12.7%$30.5B$3.607.7
Term. Yr+$5.8B4.1%78.7%20.0%$3.6B−$1.1B$2.5B8.6%$26.0B13.1%
Active scenario IV: $45 (+61.0% vs market)