ADC
Agree Realty Corporation
REIT - Retail
Market Cap$9.19B
5Y Perf.+14.3%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
ADC vs NTST
Revenue, margins, valuation, and 5-year total return — side by side.
NTST
NETSTREIT Corp.
REIT - Retail
Market Cap$1.72B
5Y Perf.+12.2%
ADC vs NTST — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ADC | NTST |
|---|---|---|
| Industry | REIT - Retail | REIT - Retail |
| Market Cap | $9.19B | $1.72B |
| Revenue (TTM) | $750M | $176M |
| Net Income (TTM) | $220M | $185K |
| Gross Margin | 87.6% | 92.4% |
| Operating Margin | 48.0% | 27.7% |
| Forward P/E | 39.0x | 65.4x |
| Total Debt | $3.35B | $0.00 |
| Cash & Equiv. | $16M | $14M |
ADC vs NTST — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
ADC
NTST
| Stock | Aug 20 | May 26 | Return |
|---|---|---|---|
| Agree Realty Corpor… (ADC) | 100 | 114.3 | +14.3% |
| NETSTREIT Corp. (NTST) | 100 | 112.2 | +12.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ADC vs NTST
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: NTST leads in 4 of 6 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Agree Realty Corporation is the stronger pick specifically for profitability and margin quality and operational efficiency and capital deployment. As sector peers, any of these can serve as alternatives in the same allocation.
ADC
Agree Realty Corporation
The Real Estate Income Play
ADC is the clearest fit if your priority is long-term compounding.
- 137.5% 10Y total return vs NTST's 41.9%
- 29.3% margin vs NTST's 0.1%
- 2.3% ROA vs NTST's 0.0%, ROIC 2.8% vs 2.1%
Best for: long-term compounding
NTST
NETSTREIT Corp.
The Real Estate Income Play
NTST carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 0.05, yield 4.1%
- Rev growth 30.0%, EPS growth 150.0%, 3Y rev CAGR 28.2%
- Beta 0.05, yield 4.1%
Best for: income & stability and growth exposure
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | NTST | 30.0% FFO/revenue growth vs ADC's 16.4% |
| Value | NTST | PEG 1.12 vs 113.96 |
| Quality / Margins | ADC | 29.3% margin vs NTST's 0.1% |
| Dividends | NTST | 4.1% yield, vs ADC's 4.0% |
| Momentum (1Y) | NTST | +33.5% vs ADC's +3.9% |
| Efficiency (ROA) | ADC | 2.3% ROA vs NTST's 0.0%, ROIC 2.8% vs 2.1% |
ADC vs NTST — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLNTSTLAGGINGADC
ADCAgree Realty Corporat…
1leads
NTSTNETSTREIT Corp.
3leads
6 Total Categories
CATEGORYLEADERvs ADCMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
NTST4/6
Valuation MetricsMultiples, price ratios, and targets
NTST5/7
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
ADC4/7
Total Returns1Y, 3Y, 5Y total returns with dividends
NTST4/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
Tied
—
Income & Cash Flow (Last 12 Months)
NTST leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ADC is the larger business by revenue, generating $750M annually — 4.2x NTST's $176M. ADC is the more profitable business, keeping 29.3% of every revenue dollar as net income compared to NTST's 0.1%. On growth, NTST holds the edge at +27.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ADCAgree Realty Corp… | NTSTNETSTREIT Corp. |
|---|---|---|
| RevenueTrailing 12 months | $750M | $176M |
| EBITDAEarnings before interest/tax | $638M | $133M |
| Net IncomeAfter-tax profit | $220M | $185,000 |
| Free Cash FlowCash after capex | $110M | $106M |
| Gross MarginGross profit ÷ Revenue | +87.6% | +92.4% |
| Operating MarginEBIT ÷ Revenue | +48.0% | +27.7% |
| Net MarginNet income ÷ Revenue | +29.3% | +0.1% |
| FCF MarginFCF ÷ Revenue | +14.7% | +59.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +18.7% | +27.7% |
| EPS Growth (YoY)Latest quarter vs prior year | +19.0% | +110.6% |
NTST leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
NTST leads this category, winning 5 of 7 comparable metrics.
Valuation Metrics
At 43.2x trailing earnings, ADC trades at a 83% valuation discount to NTST's 257.1x P/E. Adjusting for growth (PEG ratio), NTST offers better value at 4.40x vs ADC's 113.96x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ADCAgree Realty Corp… | NTSTNETSTREIT Corp. |
|---|---|---|
| Market CapShares × price | $9.2B | $1.7B |
| Enterprise ValueMkt cap + debt − cash | $12.5B | $1.7B |
| Trailing P/EPrice ÷ TTM EPS | 43.22x | 257.13x |
| Forward P/EPrice ÷ next-FY EPS est. | 39.03x | 65.45x |
| PEG RatioP/E ÷ EPS growth rate | 113.96x | 4.40x |
| EV / EBITDAEnterprise value multiple | 20.33x | 12.47x |
| Price / SalesMarket cap ÷ Revenue | 12.79x | 8.81x |
| Price / BookPrice ÷ Book value/share | 1.36x | 1.19x |
| Price / FCFMarket cap ÷ FCF | 18.23x | 15.68x |
NTST leads this category, winning 5 of 7 comparable metrics.
Profitability & Efficiency
ADC leads this category, winning 4 of 7 comparable metrics.
Profitability & Efficiency
ADC delivers a 3.7% return on equity — every $100 of shareholder capital generates $4 in annual profit, vs $0 for NTST. On the Piotroski fundamental quality scale (0–9), NTST scores 6/9 vs ADC's 5/9, reflecting solid financial health.
| Metric | ADCAgree Realty Corp… | NTSTNETSTREIT Corp. |
|---|---|---|
| ROE (TTM)Return on equity | +3.7% | +0.0% |
| ROA (TTM)Return on assets | +2.3% | +0.0% |
| ROICReturn on invested capital | +2.8% | +2.1% |
| ROCEReturn on capital employed | +3.8% | +2.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.53x | — |
| Net DebtTotal debt minus cash | $3.3B | -$14M |
| Cash & Equiv.Liquid assets | $16M | $14M |
| Total DebtShort + long-term debt | $3.4B | $0 |
| Interest CoverageEBIT ÷ Interest expense | 2.54x | — |
ADC leads this category, winning 4 of 7 comparable metrics.
Total Returns (Dividends Reinvested)
NTST leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ADC five years ago would be worth $13,046 today (with dividends reinvested), compared to $11,752 for NTST. Over the past 12 months, NTST leads with a +33.5% total return vs ADC's +3.9%. The 3-year compound annual growth rate (CAGR) favors NTST at 8.6% vs ADC's 8.1% — a key indicator of consistent wealth creation.
| Metric | ADCAgree Realty Corp… | NTSTNETSTREIT Corp. |
|---|---|---|
| YTD ReturnYear-to-date | +7.5% | +17.0% |
| 1-Year ReturnPast 12 months | +3.9% | +33.5% |
| 3-Year ReturnCumulative with dividends | +26.4% | +28.2% |
| 5-Year ReturnCumulative with dividends | +30.5% | +17.5% |
| 10-Year ReturnCumulative with dividends | +137.5% | +41.9% |
| CAGR (3Y)Annualised 3-year return | +8.1% | +8.6% |
NTST leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
Evenly matched — ADC and NTST each lead in 1 of 2 comparable metrics.
Risk & Volatility
ADC is the less volatile stock with a -0.14 beta — it tends to amplify market swings less than NTST's 0.05 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NTST currently trades 96.6% from its 52-week high vs ADC's 93.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ADCAgree Realty Corp… | NTSTNETSTREIT Corp. |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.14x | 0.05x |
| 52-Week HighHighest price in past year | $82.08 | $21.30 |
| 52-Week LowLowest price in past year | $69.56 | $15.24 |
| % of 52W HighCurrent price vs 52-week peak | +93.2% | +96.6% |
| RSI (14)Momentum oscillator 0–100 | 43.2 | 52.4 |
| Avg Volume (50D)Average daily shares traded | 1.1M | 1.2M |
Evenly matched — ADC and NTST each lead in 1 of 2 comparable metrics.
Analyst Outlook
Evenly matched — ADC and NTST each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates ADC as "Buy" and NTST as "Buy". Consensus price targets imply 9.2% upside for ADC (target: $84) vs 7.1% for NTST (target: $22). For income investors, NTST offers the higher dividend yield at 4.05% vs ADC's 4.00%.
| Metric | ADCAgree Realty Corp… | NTSTNETSTREIT Corp. |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $83.50 | $22.03 |
| # AnalystsCovering analysts | 32 | 18 |
| Dividend YieldAnnual dividend ÷ price | +4.0% | +4.1% |
| Dividend StreakConsecutive years of raises | 3 | 0 |
| Dividend / ShareAnnual DPS | $3.06 | $0.83 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | +0.0% |
Evenly matched — ADC and NTST each lead in 1 of 2 comparable metrics.
Key Takeaway
NTST leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). ADC leads in 1 (Profitability & Efficiency). 2 tied.
Best OverallNETSTREIT Corp. (NTST)Leads 3 of 6 categories
Loading custom metrics...
ADC vs NTST: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is ADC or NTST a better buy right now?
For growth investors, NETSTREIT Corp.
(NTST) is the stronger pick with 30. 0% revenue growth year-over-year, versus 16. 4% for Agree Realty Corporation (ADC). Agree Realty Corporation (ADC) offers the better valuation at 43. 2x trailing P/E (39. 0x forward), making it the more compelling value choice. Analysts rate Agree Realty Corporation (ADC) a "Buy" — based on 32 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — ADC or NTST?
On trailing P/E, Agree Realty Corporation (ADC) is the cheapest at 43.
2x versus NETSTREIT Corp. at 257. 1x. On forward P/E, Agree Realty Corporation is actually cheaper at 39. 0x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: NETSTREIT Corp. wins at 1. 12x versus Agree Realty Corporation's 113. 96x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — ADC or NTST?
Over the past 5 years, Agree Realty Corporation (ADC) delivered a total return of +30.
5%, compared to +17. 5% for NETSTREIT Corp. (NTST). Over 10 years, the gap is even starker: ADC returned +137. 5% versus NTST's +41. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — ADC or NTST?
By beta (market sensitivity over 5 years), Agree Realty Corporation (ADC) is the lower-risk stock at -0.
14β versus NETSTREIT Corp. 's 0. 05β — meaning NTST is approximately -136% more volatile than ADC relative to the S&P 500.
05Which is growing faster — ADC or NTST?
By revenue growth (latest reported year), NETSTREIT Corp.
(NTST) is pulling ahead at 30. 0% versus 16. 4% for Agree Realty Corporation (ADC). On earnings-per-share growth, the picture is similar: NETSTREIT Corp. grew EPS 150. 0% year-over-year, compared to -0. 6% for Agree Realty Corporation. Over a 3-year CAGR, NTST leads at 28. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — ADC or NTST?
Agree Realty Corporation (ADC) is the more profitable company, earning 28.
4% net margin versus 3. 5% for NETSTREIT Corp. — meaning it keeps 28. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ADC leads at 47. 4% versus 25. 7% for NTST. At the gross margin level — before operating expenses — NTST leads at 99. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is ADC or NTST more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, NETSTREIT Corp. (NTST) is the more undervalued stock at a PEG of 1. 12x versus Agree Realty Corporation's 113. 96x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Agree Realty Corporation (ADC) trades at 39. 0x forward P/E versus 65. 4x for NETSTREIT Corp. — 26. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ADC: 9. 2% to $83. 50.
08Which pays a better dividend — ADC or NTST?
All stocks in this comparison pay dividends.
NETSTREIT Corp. (NTST) offers the highest yield at 4. 1%, versus 4. 0% for Agree Realty Corporation (ADC).
09Is ADC or NTST better for a retirement portfolio?
For long-horizon retirement investors, Agree Realty Corporation (ADC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
14), 4. 0% yield, +137. 5% 10Y return). Both have compounded well over 10 years (ADC: +137. 5%, NTST: +41. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between ADC and NTST?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
Revenue Growth>
%
(ADC: 18.7% · NTST: 27.7%)P/E Ratio<
x
(ADC: 43.2x · NTST: 257.1x)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.