NET LEASE OFFICE PROPERTY (NLOP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NLOP - US64110Y1082 - REIT
29.52 USD
+0.62 (+2.15%)
25.19 USD
-4.33 (-14.67%)
Overall NLOP gets a fundamental rating of 3 out of 10. We evaluated NLOP against 128 industry peers in the Diversified REITs industry. The financial health of NLOP is average, but there are quite some concerns on its profitability. NLOP has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year NLOP has reported negative net income.
NLOP had a positive operating cash flow in the past year.
In multiple years NLOP reported negative net income over the last 5 years.
In the past 5 years NLOP always reported a positive cash flow from operatings.
1.2 Ratios
NLOP has a worse Return On Assets (-34.64%) than 96.88% of its industry peers.
The Return On Equity of NLOP (-42.07%) is worse than 92.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.88%, NLOP belongs to the top of the industry, outperforming 92.97% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NLOP is in line with the industry average of 3.06%.
The last Return On Invested Capital (4.88%) for NLOP is above the 3 year average (2.84%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -34.64% | ||
| ROE | -42.07% | ||
| ROIC | 4.88% |
ROA(3y)-6.79%
ROA(5y)-3.86%
ROE(3y)-11.26%
ROE(5y)-6.42%
ROIC(3y)2.84%
ROIC(5y)2.82%
1.3 Margins
NLOP has a Operating Margin (25.79%) which is in line with its industry peers.
In the last couple of years the Operating Margin of NLOP has declined.
With a Gross Margin value of 66.45%, NLOP perfoms like the industry average, outperforming 46.09% of the companies in the same industry.
NLOP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.79% | ||
| PM (TTM) | N/A | ||
| GM | 66.45% |
OM growth 3Y-9.93%
OM growth 5Y-6.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.53%
GM growth 5Y-2.94%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NLOP is destroying value.
Compared to 1 year ago, NLOP has about the same amount of shares outstanding.
Compared to 1 year ago, NLOP has an improved debt to assets ratio.
2.2 Solvency
NLOP has an Altman-Z score of 2.11. This is not the best score and indicates that NLOP is in the grey zone with still only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.11, NLOP belongs to the best of the industry, outperforming 95.31% of the companies in the same industry.
NLOP has a debt to FCF ratio of 1.00. This is a very positive value and a sign of high solvency as it would only need 1.00 years to pay back of all of its debts.
NLOP has a Debt to FCF ratio of 1.00. This is amongst the best in the industry. NLOP outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that NLOP is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.11, NLOP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1 | ||
| Altman-Z | 2.11 |
ROIC/WACC0.73
WACC6.68%
2.3 Liquidity
A Current Ratio of 1.01 indicates that NLOP should not have too much problems paying its short term obligations.
NLOP has a Current ratio of 1.01. This is comparable to the rest of the industry: NLOP outperforms 52.34% of its industry peers.
NLOP has a Quick Ratio of 1.01. This is a normal value and indicates that NLOP is financially healthy and should not expect problems in meeting its short term obligations.
NLOP has a Quick ratio (1.01) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.20% over the past year.
Looking at the last year, NLOP shows a very negative growth in Revenue. The Revenue has decreased by -27.97% in the last year.
NLOP shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.00% yearly.
EPS 1Y (TTM)9.2%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-58.92%
Revenue 1Y (TTM)-27.97%
Revenue growth 3Y-1.29%
Revenue growth 5Y-4%
Sales Q2Q%-5.39%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
NLOP reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
NLOP's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NLOP is cheaper than 100.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NLOP is valued cheaply inside the industry as 92.97% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.27 | ||
| EV/EBITDA | 5.88 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
NLOP has a Yearly Dividend Yield of 10.51%, which is a nice return.
NLOP's Dividend Yield is rather good when compared to the industry average which is at 6.34. NLOP pays more dividend than 93.75% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, NLOP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.51% |
5.2 History
NLOP does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of NLOP are negative and hence is the payout ratio. NLOP will probably not be able to sustain this dividend level.
DP-25.37%
EPS Next 2YN/A
EPS Next 3YN/A
29.52
+0.62 (+2.15%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners58.46%
Inst Owner Change10.85%
Ins Owners0.65%
Ins Owner Change0.94%
Market Cap437.19M
Revenue(TTM)115.90M
Net Income(TTM)-180.99M
Analysts82.86
Price Target46.92 (58.94%)
Short Float %2.06%
Short Ratio3.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.51% |
Yearly Dividend0.07
Dividend Growth(5Y)N/A
DP-25.37%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 3.77 | ||
| P/FCF | 9.27 | ||
| P/OCF | 8.31 | ||
| P/B | 1.02 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | 5.88 |
EPS(TTM)-12.22
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)3.18
FCFY10.78%
OCF(TTM)3.55
OCFY12.04%
SpS7.83
BVpS29.05
TBVpS29.05
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -34.64% | ||
| ROE | -42.07% | ||
| ROCE | 6.17% | ||
| ROIC | 4.88% | ||
| ROICexc | 5.3% | ||
| ROICexgc | 5.7% | ||
| OM | 25.79% | ||
| PM (TTM) | N/A | ||
| GM | 66.45% | ||
| FCFM | 40.68% |
ROA(3y)-6.79%
ROA(5y)-3.86%
ROE(3y)-11.26%
ROE(5y)-6.42%
ROIC(3y)2.84%
ROIC(5y)2.82%
ROICexc(3y)2.9%
ROICexc(5y)2.86%
ROICexgc(3y)3.06%
ROICexgc(5y)3.06%
ROCE(3y)3.6%
ROCE(5y)3.57%
ROICexgc growth 3Y3.88%
ROICexgc growth 5YN/A
ROICexc growth 3Y5.46%
ROICexc growth 5YN/A
OM growth 3Y-9.93%
OM growth 5Y-6.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.53%
GM growth 5Y-2.94%
F-Score5
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1 | ||
| Debt/EBITDA | 0.62 | ||
| Cap/Depr | 11.97% | ||
| Cap/Sales | 4.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.48% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 2.11 |
F-Score5
WACC6.68%
ROIC/WACC0.73
Cap/Depr(3y)22.59%
Cap/Depr(5y)16.46%
Cap/Sales(3y)10.42%
Cap/Sales(5y)7.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.2%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-58.92%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-27.97%
Revenue growth 3Y-1.29%
Revenue growth 5Y-4%
Sales Q2Q%-5.39%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-16.43%
EBIT growth 3Y-11.09%
EBIT growth 5Y-10.12%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-11.76%
FCF growth 3Y-5.6%
FCF growth 5Y27.04%
OCF growth 1Y-34.88%
OCF growth 3Y-1.56%
OCF growth 5Y-2.85%
NET LEASE OFFICE PROPERTY / NLOP FAQ
What is the ChartMill fundamental rating of NET LEASE OFFICE PROPERTY (NLOP) stock?
ChartMill assigns a fundamental rating of 3 / 10 to NLOP.
Can you provide the valuation status for NET LEASE OFFICE PROPERTY?
ChartMill assigns a valuation rating of 2 / 10 to NET LEASE OFFICE PROPERTY (NLOP). This can be considered as Overvalued.
Can you provide the profitability details for NET LEASE OFFICE PROPERTY?
NET LEASE OFFICE PROPERTY (NLOP) has a profitability rating of 3 / 10.
How sustainable is the dividend of NET LEASE OFFICE PROPERTY (NLOP) stock?
The dividend rating of NET LEASE OFFICE PROPERTY (NLOP) is 4 / 10 and the dividend payout ratio is -25.37%.