XNYSNTST
Market cap1.11bUSD
Jan 10, Last price
13.64USD
1D
-0.58%
1Q
-13.12%
IPO
-24.22%
Name
Netstreit Corp
Chart & Performance
P/E
162.76
P/S
8.44
EPS
0.08
Div Yield, %
4.66%
Shrs. gr., 5y
21.62%
Rev. gr., 5y
40.81%
Revenues
132m
+37.00%
Net income
7m
-15.77%
CFO
80m
+58.26%
Dividend
Sep 03, 20240.21 USD/sh
Earnings
Feb 12, 2025
Profile
NETSTREIT is an internally managed Real Estate Investment Trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets. Led by a management team of seasoned commercial real estate executives, NETSTREIT's strategy is to create the highest quality net lease retail portfolio in the country with the goal of generating consistent cash flows and dividends for its investors.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 131,905 37.00% | 96,279 62.80% | ||||
Cost of revenue | 20,632 | 30,748 | ||||
Unusual Expense (Income) | ||||||
NOPBT | 111,273 | 65,531 | ||||
NOPBT Margin | 84.36% | 68.06% | ||||
Operating Taxes | (49) | 396 | ||||
Tax Rate | 0.60% | |||||
NOPAT | 111,322 | 65,135 | ||||
Net income | 6,837 -15.77% | 8,117 166.48% | ||||
Dividends | (51,823) | (39,872) | ||||
Dividend yield | 4.49% | 4.31% | ||||
Proceeds from repurchase of equity | 270,701 | 275,020 | ||||
BB yield | -23.45% | -29.75% | ||||
| Debt | ||||||
Debt current | 3,852 | 113,000 | ||||
Long-term debt | 670,547 | 441,454 | ||||
Deferred revenue | 2,937 | |||||
Other long-term liabilities | 5,889 | 14,545 | ||||
Net debt | 655,970 | 459,844 | ||||
| Cash flow | ||||||
Cash from operating activities | 80,155 | 50,647 | ||||
CAPEX | (35) | (1,208) | ||||
Cash from investing activities | (451,953) | (468,361) | ||||
Cash from financing activities | 331,184 | 480,654 | ||||
FCF | (19,322) | (2,760) | ||||
| Balance | ||||||
Cash | 18,429 | 70,543 | ||||
Long term investments | 24,067 | |||||
Excess cash | 11,834 | 89,796 | ||||
Stockholders' equity | (94,073) | (33,091) | ||||
Invested Capital | 2,017,336 | 1,633,319 | ||||
ROIC | 6.10% | 4.79% | ||||
ROCE | 5.79% | 4.14% | ||||
| EV | ||||||
Common stock shares outstanding | 64,665 | 50,432 | ||||
Price | 17.85 -2.62% | 18.33 -19.96% | ||||
Market cap | 1,154,278 24.87% | 924,415 4.38% | ||||
EV | 1,818,776 | 1,393,852 | ||||
EBITDA | 174,950 | 115,606 | ||||
EV/EBITDA | 10.40 | 12.06 | ||||
Interest | 20,284 | 9,181 | ||||
Interest/NOPBT | 18.23% | 14.01% | ||||