NSI NV (NSI.AS) Stock Fundamental Analysis
Europe - AMS:NSI - NL0012365084 - REIT
20.5 EUR
0 (0%)
Overall NSI gets a fundamental rating of 4 out of 10. We evaluated NSI against 40 industry peers in the Diversified REITs industry. NSI has a medium profitability rating, but doesn't score so well on its financial health evaluation. NSI has a decent growth rate and is not valued too expensively. 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.
The reported net income has been mixed in the past 5 years: NSI reported negative net income in multiple years.
In the past 5 years NSI always reported a positive cash flow from operatings.
1.2 Ratios
NSI's Return On Assets of 0.20% is on the low side compared to the rest of the industry. NSI is outperformed by 72.50% of its industry peers.
Looking at the Return On Equity, with a value of 0.32%, NSI is doing worse than 72.50% of the companies in the same industry.
The Return On Invested Capital of NSI (4.32%) is better than 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NSI is in line with the industry average of 3.49%.
The 3 year average ROIC (3.76%) for NSI is below the current ROIC(4.32%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 2.88%, NSI is doing worse than 72.50% of the companies in the same industry.
NSI's Profit Margin has declined in the last couple of years.
NSI has a Operating Margin (72.96%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of NSI has remained more or less at the same level.
Looking at the Gross Margin, with a value of 84.44%, NSI is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
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.
The number of shares outstanding for NSI has been reduced compared to 1 year ago.
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 0.34, 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 0.34, NSI is doing worse than 85.00% 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.
With a decent Debt to FCF ratio value of 9.89, NSI is doing good in the industry, outperforming 77.50% of the companies in the same industry.
NSI has a Debt/Equity ratio of 0.51. This is a neutral value indicating NSI is somewhat dependend on debt financing.
The Debt to Equity ratio of NSI (0.51) is better than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.89 | ||
| Altman-Z | 0.34 |
ROIC/WACC0.8
WACC5.41%
2.3 Liquidity
NSI has a Current Ratio of 0.36. This is a bad value and indicates that NSI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of NSI (0.36) is comparable to the rest of the industry.
NSI has a Quick Ratio of 0.36. This is a bad value and indicates that NSI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of NSI (0.36) is comparable to the rest of the industry.
| 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.
NSI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -42.97% yearly.
NSI shows a small growth in Revenue. In the last year, the Revenue has grown by 2.61%.
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
The Earnings Per Share is expected to grow by 2.47% on average over the next years.
NSI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.67% yearly.
EPS Next Y5.94%
EPS Next 2Y2.87%
EPS Next 3Y2.83%
EPS Next 5Y2.47%
Revenue Next Year1.86%
Revenue Next 2Y2%
Revenue Next 3Y2.67%
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
With a Price/Earnings ratio of 186.36, NSI can be considered very expensive at the moment.
75.00% of the companies in the same industry are cheaper than NSI, based on the Price/Earnings ratio.
NSI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.57.
With a Price/Forward Earnings ratio of 9.77, the valuation of NSI can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NSI indicates a somewhat cheap valuation: NSI is cheaper than 77.50% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of NSI to the average of the S&P500 Index (23.09), we can say NSI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 186.36 | ||
| Fwd PE | 9.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NSI is valued cheaper than 82.50% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NSI is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.87 | ||
| EV/EBITDA | 13.21 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NSI does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)31.36
PEG (5Y)N/A
EPS Next 2Y2.87%
EPS Next 3Y2.83%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.68%, NSI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.84, NSI pays a better dividend. On top of this NSI pays more dividend than 85.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, NSI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.68% |
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 2Y2.87%
EPS Next 3Y2.83%
AMS:NSI (10/23/2025, 4:37:18 PM)
20.5
0 (0%)
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 Cap413.28M
Revenue(TTM)73.71M
Net Income(TTM)2.12M
Analysts74
Price Target24.31 (18.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.68% |
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%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 186.36 | ||
| Fwd PE | 9.77 | ||
| P/S | 5.61 | ||
| P/FCF | 10.87 | ||
| P/OCF | 10.87 | ||
| P/B | 0.63 | ||
| P/tB | 0.63 | ||
| EV/EBITDA | 13.21 |
EPS(TTM)0.11
EY0.54%
EPS(NY)2.1
Fwd EY10.24%
FCF(TTM)1.89
FCFY9.2%
OCF(TTM)1.89
OCFY9.2%
SpS3.66
BVpS32.64
TBVpS32.63
PEG (NY)31.36
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 | 0.34 |
F-Score8
WACC5.41%
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 Y5.94%
EPS Next 2Y2.87%
EPS Next 3Y2.83%
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 Year1.86%
Revenue Next 2Y2%
Revenue Next 3Y2.67%
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%