Logo image of NTST

NETSTREIT CORP (NTST) Stock Fundamental Analysis

NYSE:NTST - New York Stock Exchange, Inc. - US64119V3033 - REIT - Currency: USD

15.45  -0.09 (-0.58%)

After market: 15.45 0 (0%)

Fundamental Rating

5

Taking everything into account, NTST scores 5 out of 10 in our fundamental rating. NTST was compared to 129 industry peers in the Diversified REITs industry. NTST has an average financial health and profitability rating. NTST is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

Quickly go to:

5

1. Profitability

1.1 Basic Checks

NTST had positive earnings in the past year.
NTST had a positive operating cash flow in the past year.
Of the past 5 years NTST 4 years were profitable.
Each year in the past 5 years NTST had a positive operating cash flow.
NTST Yearly Net Income VS EBIT VS OCF VS FCFNTST Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M -300M -400M

1.2 Ratios

NTST's Return On Assets of -0.49% is on the low side compared to the rest of the industry. NTST is outperformed by 63.57% of its industry peers.
Looking at the Return On Equity, with a value of -0.86%, NTST is doing worse than 62.79% of the companies in the same industry.
The Return On Invested Capital of NTST (1.86%) is worse than 69.77% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NTST is in line with the industry average of 3.16%.
The 3 year average ROIC (1.26%) for NTST is below the current ROIC(1.86%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -0.49%
ROE -0.86%
ROIC 1.86%
ROA(3y)0.11%
ROA(5y)0.14%
ROE(3y)0.14%
ROE(5y)0.19%
ROIC(3y)1.26%
ROIC(5y)0.97%
NTST Yearly ROA, ROE, ROICNTST Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 -5 -10 -15 -20

1.3 Margins

With a decent Operating Margin value of 31.26%, NTST is doing good in the industry, outperforming 65.89% of the companies in the same industry.
In the last couple of years the Operating Margin of NTST has grown nicely.
NTST has a Gross Margin of 89.40%. This is amongst the best in the industry. NTST outperforms 92.25% of its industry peers.
In the last couple of years the Gross Margin of NTST has remained more or less at the same level.
Industry RankSector Rank
OM 31.26%
PM (TTM) N/A
GM 89.4%
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%
NTST Yearly Profit, Operating, Gross MarginsNTST Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 50 -50

More info and screens

4

2. Health

2.1 Basic Checks

NTST 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 NTST has been increased compared to 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.
NTST Yearly Shares OutstandingNTST Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
NTST Yearly Total Debt VS Total AssetsNTST Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

Based on the Altman-Z score of 0.88, we must say that NTST is in the distress zone and has some risk of bankruptcy.
NTST has a better Altman-Z score (0.88) than 71.32% of its industry peers.
A Debt/Equity ratio of 0.70 indicates that NTST is somewhat dependend on debt financing.
NTST has a Debt to Equity ratio of 0.70. This is in the better half of the industry: NTST outperforms 77.52% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF N/A
Altman-Z 0.88
ROIC/WACC0.27
WACC7%
NTST Yearly LT Debt VS Equity VS FCFNTST Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 500M 1B

2.3 Liquidity

NTST has a Current Ratio of 9.22. This indicates that NTST is financially healthy and has no problem in meeting its short term obligations.
NTST has a better Current ratio (9.22) than 99.22% of its industry peers.
NTST has a Quick Ratio of 9.22. This indicates that NTST is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 9.22, NTST belongs to the top of the industry, outperforming 99.22% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 9.22
Quick Ratio 9.22
NTST Yearly Current Assets VS Current LiabilitesNTST Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

More info and screens

7

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 66.67% over the past year.
NTST shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.05%.
Measured over the past years, NTST shows a very strong growth in Revenue. The Revenue has been growing by 51.61% on average per year.
EPS 1Y (TTM)66.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%3100%
Revenue 1Y (TTM)22.05%
Revenue growth 3Y40.14%
Revenue growth 5Y51.61%
Sales Q2Q%21.86%

3.2 Future

The Earnings Per Share is expected to grow by 32.52% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 11.44% on average over the next years. This is quite good.
EPS Next Y265.04%
EPS Next 2Y98.16%
EPS Next 3Y58.85%
EPS Next 5Y32.52%
Revenue Next Year17.49%
Revenue Next 2Y12.52%
Revenue Next 3Y12.67%
Revenue Next 5Y11.44%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
NTST Yearly Revenue VS EstimatesNTST Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 50M 100M 150M 200M 250M
NTST Yearly EPS VS EstimatesNTST Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.1 -0.1 0.2 0.3

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 103.00, the valuation of NTST can be described as expensive.
Based on the Price/Earnings ratio, NTST is valued a bit more expensive than 68.99% of the companies in the same industry.
NTST's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.85.
A Price/Forward Earnings ratio of 50.12 indicates a quite expensive valuation of NTST.
NTST's Price/Forward Earnings ratio is in line with the industry average.
NTST's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 20.89.
Industry RankSector Rank
PE 103
Fwd PE 50.12
NTST Price Earnings VS Forward Price EarningsNTST Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

67.44% of the companies in the same industry are cheaper than NTST, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 16.28
NTST Per share dataNTST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

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 58.85% in the coming years.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y98.16%
EPS Next 3Y58.85%

More info and screens

4

5. Dividend

5.1 Amount

NTST has a Yearly Dividend Yield of 5.26%, which is a nice return.
Compared to an average industry Dividend Yield of 6.63, NTST has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, NTST pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.26%

5.2 History

NTST has been paying a dividend for over 5 years, so it has already some track record.
NTST has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
NTST Yearly Dividends per shareNTST Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

NTST has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-580.84%
EPS Next 2Y98.16%
EPS Next 3Y58.85%
NTST Yearly Income VS Free CF VS DividendNTST Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M -300M -400M

More info and screens

NETSTREIT CORP

NYSE:NTST (5/14/2025, 8:04:00 PM)

After market: 15.45 0 (0%)

15.45

-0.09 (-0.58%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)04-28 2025-04-28/amc
Earnings (Next)07-28 2025-07-28/amc
Inst Owners119.94%
Inst Owner Change3.11%
Ins Owners0.44%
Ins Owner Change24.17%
Market Cap1.26B
Analysts80.83
Price Target18.12 (17.28%)
Short Float %9.69%
Short Ratio7.85
Dividend
Industry RankSector Rank
Dividend Yield 5.26%
Yearly Dividend0.82
Dividend Growth(5Y)N/A
DP-580.84%
Div Incr Years1
Div Non Decr Years1
Ex-Date06-02 2025-06-02 (0.21)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)106.4%
Min EPS beat(2)-232.82%
Max EPS beat(2)445.61%
EPS beat(4)1
Avg EPS beat(4)-40.58%
Min EPS beat(4)-232.82%
Max EPS beat(4)445.61%
EPS beat(8)2
Avg EPS beat(8)-40.96%
EPS beat(12)4
Avg EPS beat(12)-19.79%
EPS beat(16)7
Avg EPS beat(16)-63.89%
Revenue beat(2)2
Avg Revenue beat(2)4.48%
Min Revenue beat(2)3.62%
Max Revenue beat(2)5.35%
Revenue beat(4)4
Avg Revenue beat(4)4.17%
Min Revenue beat(4)3.17%
Max Revenue beat(4)5.35%
Revenue beat(8)7
Avg Revenue beat(8)3.57%
Revenue beat(12)10
Avg Revenue beat(12)2.58%
Revenue beat(16)14
Avg Revenue beat(16)3.29%
PT rev (1m)2.98%
PT rev (3m)2.64%
EPS NQ rev (1m)-5.56%
EPS NQ rev (3m)-4.38%
EPS NY rev (1m)-0.43%
EPS NY rev (3m)0.34%
Revenue NQ rev (1m)1.15%
Revenue NQ rev (3m)4.6%
Revenue NY rev (1m)1.13%
Revenue NY rev (3m)2.56%
Valuation
Industry RankSector Rank
PE 103
Fwd PE 50.12
P/S 7.38
P/FCF N/A
P/OCF 12.55
P/B 0.97
P/tB 1.1
EV/EBITDA 16.28
EPS(TTM)0.15
EY0.97%
EPS(NY)0.31
Fwd EY2%
FCF(TTM)-4.79
FCFYN/A
OCF(TTM)1.23
OCFY7.97%
SpS2.09
BVpS15.99
TBVpS14.05
PEG (NY)0.39
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.49%
ROE -0.86%
ROCE 2.36%
ROIC 1.86%
ROICexc 1.87%
ROICexgc 2.02%
OM 31.26%
PM (TTM) N/A
GM 89.4%
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%
ROICexcg growth 3Y41.23%
ROICexcg 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-Score5
Asset Turnover0.07
Health
Industry RankSector Rank
Debt/Equity 0.7
Debt/FCF N/A
Debt/EBITDA 6.86
Cap/Depr 613.35%
Cap/Sales 287.82%
Interest Coverage 1.58
Cash Conversion 75.24%
Profit Quality N/A
Current Ratio 9.22
Quick Ratio 9.22
Altman-Z 0.88
F-Score5
WACC7%
ROIC/WACC0.27
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)66.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%3100%
EPS Next Y265.04%
EPS Next 2Y98.16%
EPS Next 3Y58.85%
EPS Next 5Y32.52%
Revenue 1Y (TTM)22.05%
Revenue growth 3Y40.14%
Revenue growth 5Y51.61%
Sales Q2Q%21.86%
Revenue Next Year17.49%
Revenue Next 2Y12.52%
Revenue Next 3Y12.67%
Revenue Next 5Y11.44%
EBIT growth 1Y47.29%
EBIT growth 3Y84.86%
EBIT growth 5Y61.79%
EBIT Next Year673.96%
EBIT Next 3Y111.73%
EBIT Next 5Y73.15%
FCF growth 1Y-6.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y78.03%
OCF growth 3Y42.01%
OCF growth 5Y71.48%