Financials NETSTREIT Corp.

Equities

NTST

US64119V3033

Commercial REITs

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
17 USD -0.12% Intraday chart for NETSTREIT Corp. -0.35% -4.76%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 545.3 907.4 1,006 1,226 1,246 - -
Enterprise Value (EV) 1 626.8 1,138 1,430 1,806 1,996 2,156 2,203
P/E ratio 1,949 x 286 x 115 x 162 x 63 x 77.3 x 77.3 x
Yield 1.54% 3.49% 4.36% 4.54% 4.94% 5.09% 5.2%
Capitalization / Revenue 16.2 x 15.3 x 10.4 x 9.3 x 7.65 x 6.73 x 5.56 x
EV / Revenue 18.6 x 19.2 x 14.8 x 13.7 x 12.3 x 11.6 x 9.83 x
EV / EBITDA 36.6 x 29.5 x 22.6 x 19.1 x 15.9 x 14.2 x 12.5 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - - - - - - -
Nbr of stocks (in thousands) 27,979 39,625 54,876 68,701 73,321 - -
Reference price 2 19.49 22.90 18.33 17.85 17.00 17.00 17.00
Announcement Date 3/4/21 2/24/22 2/23/23 2/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 20.32 33.73 59.14 96.28 131.9 162.9 185.2 224.1
EBITDA 1 - 17.14 38.53 63.19 94.77 125.8 151.7 176
EBIT 1 - 1.985 7.72 13.11 31.09 38.93 49.66 74.28
Operating Margin - 5.89% 13.05% 13.62% 23.57% 23.9% 26.82% 33.15%
Earnings before Tax (EBT) - 0.212 - - - - - -
Net income 1 -8.044 0.688 3.046 8.117 6.837 20.65 26.18 22.47
Net margin -39.59% 2.04% 5.15% 8.43% 5.18% 12.68% 14.14% 10.03%
EPS 2 - 0.0100 0.0800 0.1600 0.1100 0.2700 0.2200 0.2200
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 0.3000 0.8000 0.8000 0.8100 0.8406 0.8653 0.8838
Announcement Date 5/13/20 3/4/21 2/24/22 2/23/23 2/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 15.6 17.81 21.33 22.63 25.01 27.3 29.45 31.63 33.96 36.86 37.97 39.6 41.36 43.1 46.54
EBITDA 1 10.09 12.1 13.8 14.5 17.25 17.64 20.61 22.84 24.4 26.92 27.99 30.27 32.35 33.88 34.82
EBIT 1 2.016 2.371 - - 3.841 3.703 5.723 6.993 8.591 9.846 8.114 8.751 10.64 11.43 -
Operating Margin 12.92% 13.31% - - 15.36% 13.56% 19.43% 22.11% 25.3% 26.71% 21.37% 22.1% 25.73% 26.51% -
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income 1 2.848 2.033 1.942 1.987 1.403 2.785 1.472 -0.791 4.215 1.941 4.343 5.142 5.659 5.821 5.701
Net margin 18.25% 11.42% 9.1% 8.78% 5.61% 10.2% 5% -2.5% 12.41% 5.27% 11.44% 12.98% 13.68% 13.5% 12.25%
EPS 2 0.0700 0.0500 0.0400 0.0400 0.0300 0.0500 0.0300 -0.0100 0.0600 0.0300 0.0600 0.0700 0.0750 0.0650 0.0500
Dividend per Share 2 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2050 0.2050 0.2050 0.2112 0.2112 0.2132 0.2132 0.2100
Announcement Date 10/28/21 2/24/22 4/28/22 7/28/22 10/27/22 2/23/23 4/26/23 7/26/23 10/25/23 2/14/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 81.5 231 424 580 749 909 957
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 4.753 x 5.989 x 6.705 x 6.119 x 5.959 x 5.994 x 5.435 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) - - 0.48% 0.89% 0.59% 1.59% 2.1% 2.52%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 - 0.6000 0.8100 1.000 1.240 1.200 1.260 -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 5/13/20 3/4/21 2/24/22 2/23/23 2/14/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
17 USD
Average target price
18.79 USD
Spread / Average Target
+10.54%
Consensus
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