NNL.U — Nova Net Lease REIT Share Price
Last trade - 00:00- $0.80m
- $2.44m
- $1.56m
- 24
- 98
- 38
- 53
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | n/a | ||
| PEG Ratio (f) | n/a | ||
| EPS Growth (f) | n/a | ||
| Dividend Yield (f) | n/a | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 0.06 | ||
| Price to Tang. Book | 0.06 | ||
| Price to Free Cashflow | n/a | ||
| Price to Sales | 0.51 | ||
| EV to EBITDA | 38.14 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 0.42% | ||
| Return on Equity | 13.6% | ||
| Operating Margin | 4.1% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | n/a | n/a | 0.16 | 1.55 | 1.56 | n/a | n/a | 212.06% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | n/a | n/a | n/a | n/a | -77.54 | n/a | n/a | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Nova Net Lease REIT (the REIT) is a Canada-based real estate investment trust focused on increasing unitholder value through the acquisition and ownership of cannabis related properties in the United States. The REIT seeks to enter long-term capital relationships with cannabis operations owning top-tier real estate assets, by entering into sale leaseback and build-to-suit arrangements. The REIT intends to primarily acquire properties through sale-leaseback transactions with experienced operators in the cannabis industry and expects to lease its properties on a triple-net lease basis with annual rental rate increases. Additionally, the REIT seeks to acquire properties occupied by tenants operating in the regulated medical and recreational cannabis industry focused on cultivation, processing and/or grow operations. The REIT also has an interest in specialized retail facilities in the form of dispensaries for portfolio growth and diversification.
Directors
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- January 1st, 1970
- Public Since
- January 4th, 2022
- Sector
- Residential & Commercial REITs
- Industry
- Financials
- Exchange
- Canadian Securities Exchange
- Shares in Issue
- 7,251,493
- Address
- 200 Bay Street, North Tower Suite 1200, Toronto, M5J 2J2
- Web
- https://novanetleasereit.com/
- Phone
- Auditors
- MNP LLP
FAQ
As of Today at 19:15 UTC, shares in Nova Net Lease REIT are trading at $0.11. This share price information is delayed by 15 minutes.
Shares in Nova Net Lease REIT last closed at $0.11 and the price had moved by +57.14% over the past 365 days. In terms of relative price strength the Nova Net Lease REIT share price has outperformed the Toronto Stock Exchange 300 Composite Index by +48.18% over the past year.
There is no consensus recommendation for this security.
Nova Net Lease REIT does not currently pay a dividend.
Nova Net Lease REIT does not currently pay a dividend.
Nova Net Lease REIT does not currently pay a dividend.
To buy shares in Nova Net Lease REIT you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of $0.11, shares in Nova Net Lease REIT had a market capitalisation of $0.80m.
Here are the trading details for Nova Net Lease REIT:
- Country of listing: Canada
- Exchange: CNX
- Ticker Symbol: NNL.U
Based on an overall assessment of its quality, value and momentum Nova Net Lease REIT is currently classified as a Value Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
We could not find analyst target price data for this security.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Nova Net Lease REIT. Over the past six months, its share price has outperformed the Toronto Stock Exchange 300 Composite Index by +89.56%.
As of the last closing price of $0.11, shares in Nova Net Lease REIT were trading -62.77% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Nova Net Lease REIT PE ratio based on its reported earnings over the past 12 months is null. The shares last closed at $0.11.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
We do not have data on Nova Net Lease REIT's directors