Is Four Corners Property Trust, Inc. overvalued or undervalued?

As of 30 April 2025, the valuation grade for Four Corners Property Trust, Inc. has moved from very attractive to fair. Based on the current analysis, the company appears to be fairly valued. The P/E ratio stands at 27, which is slightly below the industry average of approximately 29.3 for CareTrust REIT, Inc., while the EV to EBITDA ratio is 13.18, aligning closely with its own ratio of 13.1857.
In comparison to its peers, Four Corners Property Trust, Inc. shows a dividend yield of 4.61% and a ROCE of 10.77%, which are competitive figures. However, when compared to CareTrust REIT, Inc. with a P/E of 29.3 and a higher EV to EBITDA of 18.40, it suggests that Four Corners may not be as attractive as some of its peers. Despite recent stock performance showing a return of 13.53% over the past year compared to the S&P 500's 10.26%, the overall valuation indicates that the company is fairly valued at this time.