NETSTREIT CORP (NTST) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NTST - US64119V3033 - REIT
17.46 USD
+0.03 (+0.17%)
17.46 USD
0 (0%)
NTST gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 128 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.
1. Profitability
1.1 Basic Checks
NTST had negative earnings in the past year.
NTST had a positive operating cash flow in the past year.
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
NTST has a Return On Assets (0.01%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 0.01%, NTST is in line with its industry, outperforming 40.63% of the companies in the same industry.
NTST's Return On Invested Capital of 2.06% is on the low side compared to the rest of the industry. NTST is outperformed by 61.72% 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 3.05%.
The last Return On Invested Capital (2.06%) for NTST is above the 3 year average (1.26%), which is a sign of increasing profitability.
| 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
The Profit Margin of NTST (0.10%) is comparable to the rest of the industry.
NTST has a better Operating Margin (34.18%) than 71.09% of its industry peers.
In the last couple of years the Operating Margin of NTST has grown nicely.
NTST has a Gross Margin of 90.12%. This is amongst the best in the industry. NTST outperforms 92.97% of its industry peers.
NTST's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NTST is destroying value.
Compared to 1 year ago, NTST has more shares outstanding
NTST has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NTST is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.87, we must say that NTST is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.87, NTST is in the better half of the industry, outperforming 71.88% of the companies in the same industry.
NTST has a Debt/Equity ratio of 0.85. This is a neutral value indicating NTST is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.85, NTST is doing good in the industry, outperforming 69.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.87 |
ROIC/WACC0.3
WACC6.94%
2.3 Liquidity
A Current Ratio of 11.08 indicates that NTST has no problem at all paying its short term obligations.
NTST has a Current ratio of 11.08. This is amongst the best in the industry. NTST outperforms 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.
With an excellent Quick ratio value of 11.08, NTST belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| 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%.
NTST shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 51.61% yearly.
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
NTST is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.52% yearly.
NTST is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.82% yearly.
EPS Next Y200.18%
EPS Next 2Y96.18%
EPS Next 3Y60.1%
EPS Next 5Y32.52%
Revenue Next Year23.54%
Revenue Next 2Y16.59%
Revenue Next 3Y16.07%
Revenue Next 5Y14.82%
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
With a Price/Forward Earnings ratio of 59.03, NTST can be considered very expensive at the moment.
NTST's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 24.03. NTST is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 59.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NTST indicates a slightly more expensive valuation: NTST is more expensive than 67.97% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.92 |
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 60.10% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y96.18%
EPS Next 3Y60.1%
5. Dividend
5.1 Amount
NTST has a Yearly Dividend Yield of 4.97%, which is a nice return.
NTST's Dividend Yield is comparable with the industry average which is at 6.33.
NTST's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
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 2Y96.18%
EPS Next 3Y60.1%
17.46
+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 Owners143.21%
Inst Owner Change17.43%
Ins Owners0.59%
Ins Owner Change1.95%
Market Cap1.46B
Revenue(TTM)186.60M
Net Income(TTM)185.00K
Analysts82.4
Price Target20.88 (19.59%)
Short Float %23.91%
Short Ratio18.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
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)1.1%
PT rev (3m)3.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.39%
EPS NY rev (1m)-12.7%
EPS NY rev (3m)-24.14%
Revenue NQ rev (1m)0.75%
Revenue NQ rev (3m)3.3%
Revenue NY rev (1m)0.6%
Revenue NY rev (3m)1.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 59.03 | ||
| P/S | 7.82 | ||
| P/FCF | N/A | ||
| P/OCF | 13.42 | ||
| P/B | 1.12 | ||
| P/tB | 1.28 | ||
| EV/EBITDA | 16.92 |
EPS(TTM)0
EYN/A
EPS(NY)0.3
Fwd EY1.69%
FCF(TTM)-5.27
FCFYN/A
OCF(TTM)1.3
OCFY7.45%
SpS2.23
BVpS15.55
TBVpS13.66
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 | 0.87 |
F-Score7
WACC6.94%
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 Y200.18%
EPS Next 2Y96.18%
EPS Next 3Y60.1%
EPS Next 5Y32.52%
Revenue 1Y (TTM)19.97%
Revenue growth 3Y40.14%
Revenue growth 5Y51.61%
Sales Q2Q%16.56%
Revenue Next Year23.54%
Revenue Next 2Y16.59%
Revenue Next 3Y16.07%
Revenue Next 5Y14.82%
EBIT growth 1Y44.4%
EBIT growth 3Y84.86%
EBIT growth 5Y61.79%
EBIT Next Year692.52%
EBIT Next 3Y123.26%
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 200.18% in the next year.