BROADSTONE NET LEASE INC (BNL) Stock Fundamental Analysis
USA - NYSE:BNL - US11135E2037 - REIT
18.07 USD
-0.16 (-0.88%)
Taking everything into account, BNL scores 4 out of 10 in our fundamental rating. BNL was compared to 128 industry peers in the Diversified REITs industry. While BNL has a great profitability rating, there are some minor concerns on its financial health. BNL has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
BNL had positive earnings in the past year.
BNL had a positive operating cash flow in the past year.
In the past 5 years BNL has always been profitable.
In the past 5 years BNL always reported a positive cash flow from operatings.
1.2 Ratios
BNL has a Return On Assets (1.60%) which is comparable to the rest of the industry.
BNL has a Return On Equity of 3.07%. This is comparable to the rest of the industry: BNL outperforms 57.81% of its industry peers.
BNL has a better Return On Invested Capital (3.22%) than 62.50% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BNL is in line with the industry average of 3.04%.
The last Return On Invested Capital (3.22%) for BNL is above the 3 year average (3.20%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.6% | ||
| ROE | 3.07% | ||
| ROIC | 3.22% |
ROA(3y)2.75%
ROA(5y)2.33%
ROE(3y)4.79%
ROE(5y)4.11%
ROIC(3y)3.2%
ROIC(5y)3.14%
1.3 Margins
BNL has a better Profit Margin (19.76%) than 71.09% of its industry peers.
BNL's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 49.18%, BNL belongs to the best of the industry, outperforming 91.41% of the companies in the same industry.
BNL's Operating Margin has been stable in the last couple of years.
BNL has a Gross Margin of 86.87%. This is amongst the best in the industry. BNL outperforms 89.06% of its industry peers.
BNL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 49.18% | ||
| PM (TTM) | 19.76% | ||
| GM | 86.87% |
OM growth 3Y-1.4%
OM growth 5Y1.29%
PM growth 3Y11.92%
PM growth 5Y7.05%
GM growth 3Y0.06%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BNL is destroying value.
BNL has more shares outstanding than it did 1 year ago.
BNL has more shares outstanding than it did 5 years ago.
BNL has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.87, we must say that BNL is in the distress zone and has some risk of bankruptcy.
BNL has a Altman-Z score of 0.87. This is in the better half of the industry: BNL outperforms 71.09% of its industry peers.
BNL has a Debt/Equity ratio of 0.81. This is a neutral value indicating BNL is somewhat dependend on debt financing.
BNL's Debt to Equity ratio of 0.81 is fine compared to the rest of the industry. BNL outperforms 73.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.87 |
ROIC/WACC0.48
WACC6.71%
2.3 Liquidity
A Current Ratio of 2.15 indicates that BNL has no problem at all paying its short term obligations.
BNL has a Current ratio of 2.15. This is amongst the best in the industry. BNL outperforms 83.59% of its industry peers.
BNL has a Quick Ratio of 2.15. This indicates that BNL is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.15, BNL belongs to the best of the industry, outperforming 83.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.15 |
3. Growth
3.1 Past
The earnings per share for BNL have decreased strongly by -38.16% in the last year.
The Earnings Per Share has been growing by 9.96% on average over the past years. This is quite good.
The Revenue has been growing slightly by 5.49% in the past year.
Measured over the past years, BNL shows a small growth in Revenue. The Revenue has been growing by 7.64% on average per year.
EPS 1Y (TTM)-38.16%
EPS 3Y9.65%
EPS 5Y9.96%
EPS Q2Q%-26.32%
Revenue 1Y (TTM)5.49%
Revenue growth 3Y4.09%
Revenue growth 5Y7.64%
Sales Q2Q%5.32%
3.2 Future
BNL is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -6.98% yearly.
BNL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.62% yearly.
EPS Next Y-37.31%
EPS Next 2Y-14.99%
EPS Next 3Y-9.43%
EPS Next 5Y-6.98%
Revenue Next Year5.45%
Revenue Next 2Y5.88%
Revenue Next 3Y6.65%
Revenue Next 5Y4.62%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
BNL is valuated quite expensively with a Price/Earnings ratio of 38.45.
The rest of the industry has a similar Price/Earnings ratio as BNL.
Compared to an average S&P500 Price/Earnings ratio of 25.47, BNL is valued quite expensively.
With a Price/Forward Earnings ratio of 28.74, BNL can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BNL indicates a somewhat cheap valuation: BNL is cheaper than 77.34% of the companies listed in the same industry.
BNL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 35.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.45 | ||
| Fwd PE | 28.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BNL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.89 |
4.3 Compensation for Growth
BNL has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as BNL's earnings are expected to decrease with -9.43% in the coming years.
PEG (NY)N/A
PEG (5Y)3.86
EPS Next 2Y-14.99%
EPS Next 3Y-9.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.38%, BNL is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.49, BNL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, BNL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
5.2 History
BNL has been paying a dividend for over 5 years, so it has already some track record.
BNL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
BNL pays out 247.00% of its income as dividend. This is not a sustainable payout ratio.
DP247%
EPS Next 2Y-14.99%
EPS Next 3Y-9.43%
NYSE:BNL (11/19/2025, 2:58:16 PM)
18.07
-0.16 (-0.88%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners86.26%
Inst Owner Change-0.52%
Ins Owners0.88%
Ins Owner Change0%
Market Cap3.42B
Revenue(TTM)447.97M
Net Income(TTM)88.54M
Analysts80
Price Target19.89 (10.07%)
Short Float %2.46%
Short Ratio2.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
Yearly Dividend1.15
Dividend Growth(5Y)N/A
DP247%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-23.63%
Min EPS beat(2)-41.76%
Max EPS beat(2)-5.49%
EPS beat(4)0
Avg EPS beat(4)-31.41%
Min EPS beat(4)-48.59%
Max EPS beat(4)-5.49%
EPS beat(8)2
Avg EPS beat(8)-13.4%
EPS beat(12)6
Avg EPS beat(12)8.49%
EPS beat(16)9
Avg EPS beat(16)10.75%
Revenue beat(2)1
Avg Revenue beat(2)0.04%
Min Revenue beat(2)-0.49%
Max Revenue beat(2)0.57%
Revenue beat(4)2
Avg Revenue beat(4)-0.68%
Min Revenue beat(4)-3.17%
Max Revenue beat(4)0.57%
Revenue beat(8)3
Avg Revenue beat(8)-1.35%
Revenue beat(12)5
Avg Revenue beat(12)-0.69%
Revenue beat(16)6
Avg Revenue beat(16)-0.65%
PT rev (1m)1.11%
PT rev (3m)9.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16%
EPS NY rev (1m)-15.36%
EPS NY rev (3m)-19.6%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)0.93%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.45 | ||
| Fwd PE | 28.74 | ||
| P/S | 7.63 | ||
| P/FCF | N/A | ||
| P/OCF | 12.26 | ||
| P/B | 1.18 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | 14.89 |
EPS(TTM)0.47
EY2.6%
EPS(NY)0.63
Fwd EY3.48%
FCF(TTM)-1.01
FCFYN/A
OCF(TTM)1.47
OCFY8.16%
SpS2.37
BVpS15.25
TBVpS12.01
PEG (NY)N/A
PEG (5Y)3.86
Graham Number12.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.6% | ||
| ROE | 3.07% | ||
| ROCE | 4.08% | ||
| ROIC | 3.22% | ||
| ROICexc | 3.27% | ||
| ROICexgc | 3.72% | ||
| OM | 49.18% | ||
| PM (TTM) | 19.76% | ||
| GM | 86.87% | ||
| FCFM | N/A |
ROA(3y)2.75%
ROA(5y)2.33%
ROE(3y)4.79%
ROE(5y)4.11%
ROIC(3y)3.2%
ROIC(5y)3.14%
ROICexc(3y)3.21%
ROICexc(5y)3.16%
ROICexgc(3y)3.71%
ROICexgc(5y)3.68%
ROCE(3y)4.05%
ROCE(5y)3.97%
ROICexgc growth 3Y-1.95%
ROICexgc growth 5Y4.16%
ROICexc growth 3Y-1.44%
ROICexc growth 5Y3.2%
OM growth 3Y-1.4%
OM growth 5Y1.29%
PM growth 3Y11.92%
PM growth 5Y7.05%
GM growth 3Y0.06%
GM growth 5Y0.13%
F-Score6
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.14 | ||
| Cap/Depr | 291.73% | ||
| Cap/Sales | 104.76% | ||
| Interest Coverage | 2.72 | ||
| Cash Conversion | 73.15% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.15 | ||
| Altman-Z | 0.87 |
F-Score6
WACC6.71%
ROIC/WACC0.48
Cap/Depr(3y)331.73%
Cap/Depr(5y)318.61%
Cap/Sales(3y)119.74%
Cap/Sales(5y)113.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.16%
EPS 3Y9.65%
EPS 5Y9.96%
EPS Q2Q%-26.32%
EPS Next Y-37.31%
EPS Next 2Y-14.99%
EPS Next 3Y-9.43%
EPS Next 5Y-6.98%
Revenue 1Y (TTM)5.49%
Revenue growth 3Y4.09%
Revenue growth 5Y7.64%
Sales Q2Q%5.32%
Revenue Next Year5.45%
Revenue Next 2Y5.88%
Revenue Next 3Y6.65%
Revenue Next 5Y4.62%
EBIT growth 1Y4.31%
EBIT growth 3Y2.63%
EBIT growth 5Y9.03%
EBIT Next Year97.75%
EBIT Next 3Y32.87%
EBIT Next 5YN/A
FCF growth 1Y-29.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2.93%
OCF growth 3Y4.1%
OCF growth 5Y13.39%
BROADSTONE NET LEASE INC / BNL FAQ
What is the ChartMill fundamental rating of BROADSTONE NET LEASE INC (BNL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to BNL.
What is the valuation status for BNL stock?
ChartMill assigns a valuation rating of 2 / 10 to BROADSTONE NET LEASE INC (BNL). This can be considered as Overvalued.
Can you provide the profitability details for BROADSTONE NET LEASE INC?
BROADSTONE NET LEASE INC (BNL) has a profitability rating of 7 / 10.
How financially healthy is BROADSTONE NET LEASE INC?
The financial health rating of BROADSTONE NET LEASE INC (BNL) is 4 / 10.
What is the expected EPS growth for BROADSTONE NET LEASE INC (BNL) stock?
The Earnings per Share (EPS) of BROADSTONE NET LEASE INC (BNL) is expected to decline by -37.31% in the next year.