NSI NV (NSI.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:NSI - NL0012365084 - REIT
20.15 EUR
-0.1 (-0.49%)
Taking everything into account, NSI scores 4 out of 10 in our fundamental rating. NSI was compared to 41 industry peers in the Diversified REITs industry. While NSI is still in line with the averages on profitability rating, there are concerns on its financial health. NSI has a correct valuation and a medium growth rate. NSI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NSI was profitable.
In the past year NSI had a positive cash flow from operations.
In multiple years NSI reported negative net income over the last 5 years.
Each year in the past 5 years NSI had a positive operating cash flow.
1.2 Ratios
NSI has a worse Return On Assets (0.20%) than 70.73% of its industry peers.
NSI has a worse Return On Equity (0.32%) than 70.73% of its industry peers.
The Return On Invested Capital of NSI (4.32%) is better than 80.49% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NSI is in line with the industry average of 3.46%.
The last Return On Invested Capital (4.32%) for NSI is above the 3 year average (3.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.2% | ||
| ROE | 0.32% | ||
| ROIC | 4.32% |
ROA(3y)-4.79%
ROA(5y)-1.43%
ROE(3y)-7.25%
ROE(5y)-2.28%
ROIC(3y)3.76%
ROIC(5y)3.61%
1.3 Margins
The Profit Margin of NSI (2.88%) is worse than 70.73% of its industry peers.
In the last couple of years the Profit Margin of NSI has declined.
NSI has a better Operating Margin (72.96%) than 60.98% of its industry peers.
In the last couple of years the Operating Margin of NSI has remained more or less at the same level.
NSI's Gross Margin of 84.44% is fine compared to the rest of the industry. NSI outperforms 70.73% of its industry peers.
In the last couple of years the Gross Margin of NSI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 72.96% | ||
| PM (TTM) | 2.88% | ||
| GM | 84.44% |
OM growth 3Y0.35%
OM growth 5Y0.7%
PM growth 3Y-52.23%
PM growth 5Y-40.95%
GM growth 3Y0.95%
GM growth 5Y0.68%
2. Health
2.1 Basic Checks
NSI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, NSI has less shares outstanding
NSI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NSI has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.33, we must say that NSI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.33, NSI is doing worse than 85.37% of the companies in the same industry.
NSI has a debt to FCF ratio of 9.89. This is a negative value and a sign of low solvency as NSI would need 9.89 years to pay back of all of its debts.
The Debt to FCF ratio of NSI (9.89) is better than 78.05% of its industry peers.
NSI has a Debt/Equity ratio of 0.51. This is a neutral value indicating NSI is somewhat dependend on debt financing.
NSI's Debt to Equity ratio of 0.51 is fine compared to the rest of the industry. NSI outperforms 78.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.89 | ||
| Altman-Z | 0.33 |
ROIC/WACC0.8
WACC5.39%
2.3 Liquidity
A Current Ratio of 0.36 indicates that NSI may have some problems paying its short term obligations.
NSI has a Current ratio (0.36) which is in line with its industry peers.
A Quick Ratio of 0.36 indicates that NSI may have some problems paying its short term obligations.
NSI's Quick ratio of 0.36 is in line compared to the rest of the industry. NSI outperforms 48.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 105.33% over the past year.
Measured over the past years, NSI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -42.97% on average per year.
Looking at the last year, NSI shows a small growth in Revenue. The Revenue has grown by 2.61% in the last year.
Measured over the past years, NSI shows a decrease in Revenue. The Revenue has been decreasing by -2.57% on average per year.
EPS 1Y (TTM)105.33%
EPS 3Y-53.3%
EPS 5Y-42.97%
EPS Q2Q%-349.17%
Revenue 1Y (TTM)2.61%
Revenue growth 3Y-2.1%
Revenue growth 5Y-2.57%
Sales Q2Q%2.7%
3.2 Future
Based on estimates for the next years, NSI will show a small growth in Earnings Per Share. The EPS will grow by 2.47% on average per year.
The Revenue is expected to grow by 2.58% on average over the next years.
EPS Next Y6.07%
EPS Next 2Y2.43%
EPS Next 3Y2.23%
EPS Next 5Y2.47%
Revenue Next Year1.58%
Revenue Next 2Y2%
Revenue Next 3Y2.58%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 183.18 indicates a quite expensive valuation of NSI.
Based on the Price/Earnings ratio, NSI is valued a bit more expensive than 73.17% of the companies in the same industry.
NSI is valuated expensively when we compare the Price/Earnings ratio to 25.45, which is the current average of the S&P500 Index.
NSI is valuated reasonably with a Price/Forward Earnings ratio of 9.68.
Based on the Price/Forward Earnings ratio, NSI is valued a bit cheaper than the industry average as 78.05% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 34.46. NSI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 183.18 | ||
| Fwd PE | 9.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NSI is valued cheaper than 82.93% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NSI indicates a somewhat cheap valuation: NSI is cheaper than 60.98% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.69 | ||
| EV/EBITDA | 13.08 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)30.18
PEG (5Y)N/A
EPS Next 2Y2.43%
EPS Next 3Y2.23%
5. Dividend
5.1 Amount
NSI has a Yearly Dividend Yield of 7.75%, which is a nice return.
Compared to an average industry Dividend Yield of 5.80, NSI pays a better dividend. On top of this NSI pays more dividend than 87.80% of the companies listed in the same industry.
NSI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.75% |
5.2 History
The dividend of NSI has a limited annual growth rate of 1.68%.
Dividend Growth(5Y)1.68%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1096.70% of the earnings are spent on dividend by NSI. This is not a sustainable payout ratio.
NSI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP1096.7%
EPS Next 2Y2.43%
EPS Next 3Y2.23%
AMS:NSI (11/21/2025, 7:00:00 PM)
20.15
-0.1 (-0.49%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners23.59%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap406.22M
Revenue(TTM)73.71M
Net Income(TTM)2.12M
Analysts74
Price Target24.23 (20.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.75% |
Yearly Dividend1.52
Dividend Growth(5Y)1.68%
DP1096.7%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)-0.35%
PT rev (3m)-0.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.12%
EPS NY rev (3m)0.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 183.18 | ||
| Fwd PE | 9.68 | ||
| P/S | 5.51 | ||
| P/FCF | 10.69 | ||
| P/OCF | 10.69 | ||
| P/B | 0.62 | ||
| P/tB | 0.62 | ||
| EV/EBITDA | 13.08 |
EPS(TTM)0.11
EY0.55%
EPS(NY)2.08
Fwd EY10.33%
FCF(TTM)1.89
FCFY9.36%
OCF(TTM)1.89
OCFY9.36%
SpS3.66
BVpS32.64
TBVpS32.63
PEG (NY)30.18
PEG (5Y)N/A
Graham Number8.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.2% | ||
| ROE | 0.32% | ||
| ROCE | 5.58% | ||
| ROIC | 4.32% | ||
| ROICexc | 4.47% | ||
| ROICexgc | 4.47% | ||
| OM | 72.96% | ||
| PM (TTM) | 2.88% | ||
| GM | 84.44% | ||
| FCFM | 51.56% |
ROA(3y)-4.79%
ROA(5y)-1.43%
ROE(3y)-7.25%
ROE(5y)-2.28%
ROIC(3y)3.76%
ROIC(5y)3.61%
ROICexc(3y)3.77%
ROICexc(5y)3.63%
ROICexgc(3y)3.77%
ROICexgc(5y)3.63%
ROCE(3y)4.74%
ROCE(5y)4.53%
ROICexgc growth 3Y7.51%
ROICexgc growth 5Y2.13%
ROICexc growth 3Y7.51%
ROICexc growth 5Y2.13%
OM growth 3Y0.35%
OM growth 5Y0.7%
PM growth 3Y-52.23%
PM growth 5Y-40.95%
GM growth 3Y0.95%
GM growth 5Y0.68%
F-Score8
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.89 | ||
| Debt/EBITDA | 6.17 | ||
| Cap/Depr | 2.39% | ||
| Cap/Sales | 0.02% | ||
| Interest Coverage | 4.18 | ||
| Cash Conversion | 69.93% | ||
| Profit Quality | 1791.8% | ||
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 | ||
| Altman-Z | 0.33 |
F-Score8
WACC5.39%
ROIC/WACC0.8
Cap/Depr(3y)7.25%
Cap/Depr(5y)40.19%
Cap/Sales(3y)0.07%
Cap/Sales(5y)0.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)105.33%
EPS 3Y-53.3%
EPS 5Y-42.97%
EPS Q2Q%-349.17%
EPS Next Y6.07%
EPS Next 2Y2.43%
EPS Next 3Y2.23%
EPS Next 5Y2.47%
Revenue 1Y (TTM)2.61%
Revenue growth 3Y-2.1%
Revenue growth 5Y-2.57%
Sales Q2Q%2.7%
Revenue Next Year1.58%
Revenue Next 2Y2%
Revenue Next 3Y2.58%
Revenue Next 5YN/A
EBIT growth 1Y10.28%
EBIT growth 3Y-1.76%
EBIT growth 5Y-1.89%
EBIT Next Year20.22%
EBIT Next 3Y10.54%
EBIT Next 5YN/A
FCF growth 1Y-17.64%
FCF growth 3Y3.11%
FCF growth 5Y0.25%
OCF growth 1Y-17.66%
OCF growth 3Y2.4%
OCF growth 5Y0.22%
NSI NV / NSI.AS FAQ
Can you provide the ChartMill fundamental rating for NSI NV?
ChartMill assigns a fundamental rating of 4 / 10 to NSI.AS.
What is the valuation status of NSI NV (NSI.AS) stock?
ChartMill assigns a valuation rating of 4 / 10 to NSI NV (NSI.AS). This can be considered as Fairly Valued.
How profitable is NSI NV (NSI.AS) stock?
NSI NV (NSI.AS) has a profitability rating of 5 / 10.
What is the earnings growth outlook for NSI NV?
The Earnings per Share (EPS) of NSI NV (NSI.AS) is expected to grow by 6.07% in the next year.
How sustainable is the dividend of NSI NV (NSI.AS) stock?
The dividend rating of NSI NV (NSI.AS) is 7 / 10 and the dividend payout ratio is 1096.7%.