NETSTREIT CORP (NTST) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NTST - US64119V3033 - REIT
18.17 USD
+0.03 (+0.17%)
18.17 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to NTST. NTST was compared to 128 industry peers in the Diversified REITs industry. Both the profitability and the financial health of NTST get a neutral evaluation. Nothing too spectacular is happening here. NTST shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
NTST had negative earnings in the past year.
In the past year NTST had a positive cash flow from operations.
NTST had positive earnings in 4 of the past 5 years.
Each year in the past 5 years NTST had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.01%, NTST perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
NTST has a Return On Equity (0.01%) which is in line with its industry peers.
The Return On Invested Capital of NTST (2.06%) is worse than 61.72% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NTST is in line with the industry average of 3.06%.
The 3 year average ROIC (1.26%) for NTST is below the current ROIC(2.06%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.01% | ||
| ROE | 0.01% | ||
| ROIC | 2.06% |
ROA(3y)0.11%
ROA(5y)0.14%
ROE(3y)0.14%
ROE(5y)0.19%
ROIC(3y)1.26%
ROIC(5y)0.97%
1.3 Margins
NTST has a Profit Margin of 0.10%. This is comparable to the rest of the industry: NTST outperforms 43.75% of its industry peers.
With a decent Operating Margin value of 34.18%, NTST is doing good in the industry, outperforming 71.09% of the companies in the same industry.
NTST's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 90.12%, NTST belongs to the best of the industry, outperforming 92.19% of the companies in the same industry.
In the last couple of years the Gross Margin of NTST has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.18% | ||
| PM (TTM) | 0.1% | ||
| GM | 90.12% |
OM growth 3Y31.91%
OM growth 5Y6.71%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.33%
GM growth 5Y-1.07%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NTST is destroying value.
NTST has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NTST has been increased compared to 5 years ago.
NTST has a worse debt/assets ratio than last year.
2.2 Solvency
NTST has an Altman-Z score of 0.90. This is a bad value and indicates that NTST is not financially healthy and even has some risk of bankruptcy.
NTST's Altman-Z score of 0.90 is fine compared to the rest of the industry. NTST outperforms 71.88% of its industry peers.
NTST has a Debt/Equity ratio of 0.85. This is a neutral value indicating NTST is somewhat dependend on debt financing.
NTST has a better Debt to Equity ratio (0.85) than 69.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.9 |
ROIC/WACC0.3
WACC6.9%
2.3 Liquidity
A Current Ratio of 11.08 indicates that NTST has no problem at all paying its short term obligations.
The Current ratio of NTST (11.08) is better than 100.00% of its industry peers.
NTST has a Quick Ratio of 11.08. This indicates that NTST is financially healthy and has no problem in meeting its short term obligations.
NTST's Quick ratio of 11.08 is amongst the best of the industry. NTST outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.08 | ||
| Quick Ratio | 11.08 |
3. Growth
3.1 Past
NTST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 100.00%, which is quite impressive.
NTST shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.97%.
The Revenue has been growing by 51.61% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%114.29%
Revenue 1Y (TTM)19.97%
Revenue growth 3Y40.14%
Revenue growth 5Y51.61%
Sales Q2Q%16.56%
3.2 Future
Based on estimates for the next years, NTST will show a very strong growth in Earnings Per Share. The EPS will grow by 32.52% on average per year.
Based on estimates for the next years, NTST will show a quite strong growth in Revenue. The Revenue will grow by 13.08% on average per year.
EPS Next Y214.75%
EPS Next 2Y98.26%
EPS Next 3Y60.93%
EPS Next 5Y32.52%
Revenue Next Year22.8%
Revenue Next 2Y15.46%
Revenue Next 3Y14.4%
Revenue Next 5Y13.08%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Forward Earnings ratio of 58.82 indicates a quite expensive valuation of NTST.
The rest of the industry has a similar Price/Forward Earnings ratio as NTST.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.79, NTST is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 58.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NTST is valued a bit more expensive than 74.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.31 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as NTST's earnings are expected to grow with 60.93% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y98.26%
EPS Next 3Y60.93%
5. Dividend
5.1 Amount
NTST has a Yearly Dividend Yield of 4.82%, which is a nice return.
NTST's Dividend Yield is comparable with the industry average which is at 6.59.
Compared to an average S&P500 Dividend Yield of 2.41, NTST pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
5.2 History
NTST has been paying a dividend for over 5 years, so it has already some track record.
NTST has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years4
5.3 Sustainability
37511.35% of the earnings are spent on dividend by NTST. This is not a sustainable payout ratio.
DP37511.35%
EPS Next 2Y98.26%
EPS Next 3Y60.93%
18.17
+0.03 (+0.17%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners124.9%
Inst Owner Change17.43%
Ins Owners0.59%
Ins Owner Change1.77%
Market Cap1.52B
Revenue(TTM)186.60M
Net Income(TTM)185.00K
Analysts82.4
Price Target20.88 (14.91%)
Short Float %19.43%
Short Ratio13.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
Yearly Dividend0.82
Dividend Growth(5Y)N/A
DP37511.35%
Div Incr Years2
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-58.27%
Min EPS beat(2)-84.75%
Max EPS beat(2)-31.8%
EPS beat(4)0
Avg EPS beat(4)-103.82%
Min EPS beat(4)-232.82%
Max EPS beat(4)-31.8%
EPS beat(8)0
Avg EPS beat(8)-110.43%
EPS beat(12)3
Avg EPS beat(12)-70.16%
EPS beat(16)5
Avg EPS beat(16)-53.1%
Revenue beat(2)2
Avg Revenue beat(2)4.13%
Min Revenue beat(2)2.46%
Max Revenue beat(2)5.8%
Revenue beat(4)4
Avg Revenue beat(4)4.17%
Min Revenue beat(4)2.46%
Max Revenue beat(4)5.8%
Revenue beat(8)7
Avg Revenue beat(8)3.85%
Revenue beat(12)11
Avg Revenue beat(12)3.32%
Revenue beat(16)14
Avg Revenue beat(16)3.39%
PT rev (1m)3.04%
PT rev (3m)6.39%
EPS NQ rev (1m)-8.33%
EPS NQ rev (3m)-15.39%
EPS NY rev (1m)-10.64%
EPS NY rev (3m)-13.1%
Revenue NQ rev (1m)2.04%
Revenue NQ rev (3m)2.93%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)1.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 58.82 | ||
| P/S | 8.13 | ||
| P/FCF | N/A | ||
| P/OCF | 13.95 | ||
| P/B | 1.17 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 17.31 |
EPS(TTM)0
EYN/A
EPS(NY)0.31
Fwd EY1.7%
FCF(TTM)-5.28
FCFYN/A
OCF(TTM)1.3
OCFY7.17%
SpS2.24
BVpS15.56
TBVpS13.68
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.01% | ||
| ROE | 0.01% | ||
| ROCE | 2.6% | ||
| ROIC | 2.06% | ||
| ROICexc | 2.1% | ||
| ROICexgc | 2.26% | ||
| OM | 34.18% | ||
| PM (TTM) | 0.1% | ||
| GM | 90.12% | ||
| FCFM | N/A |
ROA(3y)0.11%
ROA(5y)0.14%
ROE(3y)0.14%
ROE(5y)0.19%
ROIC(3y)1.26%
ROIC(5y)0.97%
ROICexc(3y)1.28%
ROICexc(5y)1%
ROICexgc(3y)1.42%
ROICexgc(5y)1.11%
ROCE(3y)1.6%
ROCE(5y)1.23%
ROICexgc growth 3Y41.23%
ROICexgc growth 5Y4.74%
ROICexc growth 3Y43.56%
ROICexc growth 5Y5.43%
OM growth 3Y31.91%
OM growth 5Y6.71%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.33%
GM growth 5Y-1.07%
F-Score7
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.44 | ||
| Cap/Depr | 652.35% | ||
| Cap/Sales | 294.24% | ||
| Interest Coverage | 1.62 | ||
| Cash Conversion | 73.5% | ||
| Profit Quality | N/A | ||
| Current Ratio | 11.08 | ||
| Quick Ratio | 11.08 | ||
| Altman-Z | 0.9 |
F-Score7
WACC6.9%
ROIC/WACC0.3
Cap/Depr(3y)743.16%
Cap/Depr(5y)1277.14%
Cap/Sales(3y)367.55%
Cap/Sales(5y)620.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%114.29%
EPS Next Y214.75%
EPS Next 2Y98.26%
EPS Next 3Y60.93%
EPS Next 5Y32.52%
Revenue 1Y (TTM)19.97%
Revenue growth 3Y40.14%
Revenue growth 5Y51.61%
Sales Q2Q%16.56%
Revenue Next Year22.8%
Revenue Next 2Y15.46%
Revenue Next 3Y14.4%
Revenue Next 5Y13.08%
EBIT growth 1Y44.4%
EBIT growth 3Y84.86%
EBIT growth 5Y61.79%
EBIT Next Year689.72%
EBIT Next 3Y114.95%
EBIT Next 5Y93.58%
FCF growth 1Y-28.62%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y71.37%
OCF growth 3Y42.01%
OCF growth 5Y71.48%
NETSTREIT CORP / NTST FAQ
What is the ChartMill fundamental rating of NETSTREIT CORP (NTST) stock?
ChartMill assigns a fundamental rating of 5 / 10 to NTST.
What is the valuation status for NTST stock?
ChartMill assigns a valuation rating of 2 / 10 to NETSTREIT CORP (NTST). This can be considered as Overvalued.
How profitable is NETSTREIT CORP (NTST) stock?
NETSTREIT CORP (NTST) has a profitability rating of 5 / 10.
What is the financial health of NETSTREIT CORP (NTST) stock?
The financial health rating of NETSTREIT CORP (NTST) is 4 / 10.
What is the earnings growth outlook for NETSTREIT CORP?
The Earnings per Share (EPS) of NETSTREIT CORP (NTST) is expected to grow by 214.75% in the next year.