EPR Properties ( we, us, our, EPR or the Company ) was formed on August 22, 1997 as a self-administered Maryland real estate investment trust ( REIT ), and an initial public offering of our common shares of beneficial interest ( common shares ) was completed on November 18, 1997. Since that time, we have been a leading net lease investor in experiential real estate, venues that create value by …
$62.21
$0.05 (-0.08%)
EOD Jul 17, 2026
58.36% operating margin is above average. ROIC at 7.58%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 3.5%, steady but not accelerating.
Net debt of $3.04B represents 11.3x FCF, leverage limits flexibility.
19.2x earnings, 18.2x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$721M
▲ +3.5% YoY
Net Income (TTM)
$272M
▲ +88.2% YoY
Op. Margin
57.32%
▲ +12.3pp YoY
ROIC
7.62%
▲ +1.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$261M
▲ +108.3% YoY
Op. Cash Flow (TTM)
$435M
▲ +7.1% YoY
Net Debt
$3.06B
Cash & Equiv.
$68M
5Y CAGR: +13.1%
5Y CAGR: +58.9%
Continue Research
At a P/E of 19.2 and a price-to-free-cash-flow of 18.2, Epr Properties (EPR) trades above a two-stage DCF intrinsic value of about $19.16 per share, so at $62.21 the stock looks overvalued (69.2% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Epr Properties scores 79/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 6.2%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $19.16 per share for EPR, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $14.37. At today's $62.21, that puts the stock about 69.2% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Epr Properties scores 79 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 57.3% operating margin and a 7.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Epr Properties pays a regular dividend of about $3.83 per share per year (typically in quarterly installments), a yield of roughly 6.2% at the current price. That is a payout ratio of about 108.0% of earnings, so the dividend is stretched at this level. Epr Properties has grown the dividend at roughly 25.4% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For EPR's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. EPR currently trades above its estimated intrinsic value and scores 79/100 on quality (solid). It also yields about 6.2%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.