Four Corners Property Trust Inc (FCPT)

NYSE · Real Estate · REIT - Retail · USA

Four Corners Property Trust Inc is a mid cap company (market value between $2 billion and $10 billion) in the REIT - Retail industry.

Four Corners Property Trust is a real estate investment trust that owns and leases properties to restaurant and retail tenants through net lease arrangements across the United States. The company operates rental properties where tenants bear ongoing costs, and also operates the Kerrow Restaurant Operating Business through franchise agreements.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Four Corners Property Trust Inc stock.

Our verdict on FCPT

Undervalued: intrinsic value $30.60 per share, market price $21.86, margin of safety 28.6% (as of 2026-10-20).

Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $30.60; the price of $21.86 is 29% below that value, and 78% of that value comes from beyond year five.

Leak Score: 67/100 on 9 of 12 signals (Faint Leak).

ETFs with the most weight in FCPT

17 more funds hold it; the full list is part of the paid plan.

More on FCPT

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Peers in REIT - Retail

All 26 REIT - Retail stocks

Cheaper than FCPT in REIT - Retail

3 more in this industry show a wider margin of safety.

Is FCPT undervalued or overvalued?

FCPT is undervalued (as of the 2026-10-20 close). Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $30.60; the price of $21.86 is 29% below that value, and 78% of that value comes from beyond year five.

What is the intrinsic value of FCPT?

$30.60 per share (as of the 2026-10-20 close), against a market price of $21.86. That is a margin of safety of 28.6%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Four Corners Property Trust Inc's Leak Score?

67 out of 100, which we rate "Faint Leak", on 9 of 12 value investing signals.