NSI NV (NSI.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:NSI - NL0012365084 - REIT
20.2 EUR
-0.1 (-0.49%)
Taking everything into account, NSI scores 4 out of 10 in our fundamental rating. NSI was compared to 42 industry peers in the Diversified REITs industry. There are concerns on the financial health of NSI while its profitability can be described as average. NSI is not valued too expensively and it also shows a decent growth rate. NSI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NSI was profitable.
NSI had a positive operating cash flow in the past year.
In multiple years NSI reported negative net income over the last 5 years.
In the past 5 years NSI always reported a positive cash flow from operatings.
1.2 Ratios
NSI has a worse Return On Assets (0.20%) than 71.43% of its industry peers.
With a Return On Equity value of 0.32%, NSI is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
NSI has a Return On Invested Capital of 4.32%. This is in the better half of the industry: NSI outperforms 78.57% of its industry peers.
NSI had an Average Return On Invested Capital over the past 3 years of 3.76%. This is in line with the industry average of 3.52%.
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
NSI has a Profit Margin of 2.88%. This is in the lower half of the industry: NSI underperforms 71.43% of its industry peers.
In the last couple of years the Profit Margin of NSI has declined.
NSI's Operating Margin of 72.96% is fine compared to the rest of the industry. NSI outperforms 61.90% of its industry peers.
NSI's Operating Margin has been stable in the last couple of years.
The Gross Margin of NSI (84.44%) is better than 71.43% of its industry peers.
NSI's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NSI is destroying value.
The number of shares outstanding for NSI has been reduced compared to 1 year ago.
The number of shares outstanding for NSI has been increased compared to 5 years ago.
The debt/assets ratio for NSI is higher compared to a year ago.
2.2 Solvency
NSI has an Altman-Z score of 0.34. This is a bad value and indicates that NSI is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of NSI (0.34) is worse than 85.71% of its industry peers.
The Debt to FCF ratio of NSI is 9.89, which is on the high side as it means it would take NSI, 9.89 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 9.89, NSI is doing good in the industry, outperforming 78.57% 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 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.89 | ||
| Altman-Z | 0.34 |
ROIC/WACC0.81
WACC5.34%
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.
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
NSI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 105.33%, which is quite impressive.
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.
The Revenue has been growing slightly by 2.61% in the past year.
NSI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.57% yearly.
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
With a Price/Earnings ratio of 183.64, NSI can be considered very expensive at the moment.
Based on the Price/Earnings ratio, NSI is valued a bit more expensive than 73.81% of the companies in the same industry.
NSI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.31.
A Price/Forward Earnings ratio of 9.71 indicates a reasonable valuation of NSI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NSI indicates a somewhat cheap valuation: NSI is cheaper than 78.57% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.59. NSI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 183.64 | ||
| Fwd PE | 9.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NSI is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
NSI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NSI is cheaper than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.72 | ||
| EV/EBITDA | 13.14 |
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)30.25
PEG (5Y)N/A
EPS Next 2Y2.43%
EPS Next 3Y2.23%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.75%, NSI is a good candidate for dividend investing.
NSI's Dividend Yield is rather good when compared to the industry average which is at 5.87. NSI pays more dividend than 88.10% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, NSI pays a better dividend.
| 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
NSI pays out 1096.70% of its income as dividend. This is not a sustainable payout ratio.
The dividend of NSI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP1096.7%
EPS Next 2Y2.43%
EPS Next 3Y2.23%
AMS:NSI (11/28/2025, 7:00:00 PM)
20.2
-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 Cap407.23M
Revenue(TTM)73.71M
Net Income(TTM)2.12M
Analysts74
Price Target24.23 (19.95%)
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 | 183.64 | ||
| Fwd PE | 9.71 | ||
| P/S | 5.52 | ||
| P/FCF | 10.72 | ||
| P/OCF | 10.71 | ||
| P/B | 0.62 | ||
| P/tB | 0.62 | ||
| EV/EBITDA | 13.14 |
EPS(TTM)0.11
EY0.54%
EPS(NY)2.08
Fwd EY10.3%
FCF(TTM)1.89
FCFY9.33%
OCF(TTM)1.89
OCFY9.34%
SpS3.66
BVpS32.64
TBVpS32.63
PEG (NY)30.25
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
WACC5.34%
ROIC/WACC0.81
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 4 / 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%.