NYSE
NNN
Last Price
US $46.57
KEY FIGURES
MKT CAP
$9.0B
EPS
TTM
$2.05
PEG
TTM
N/M
P/E
TTM
23.04x
P/S
TTM
9.75x
YIELD
5.06%
GROWTH
Revenue Y/Y
6.99%
(FY vs FY)
EBITDA Y/Y
Cash Flow (DCF)
Fair Value
Market $46.57
-30.06%
Default assumptions
EBITDA Multiple
Fair Value
Market $46.57
-86.34%
Default assumptions
Valuation
Financial
Performance
Financial risk - Cash flow debt coverage.
NNN REIT, Inc. cash flow to debt ratio of 13.84% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.
Financial stability - Healthy cash flow growth.
NNN REIT, Inc.'s free cash flow has increased 4.98% from $635.50M last year to $667.13M, signaling increasing performance
Financial risk - Healthy debt to equity ratio.
NNN REIT, Inc.'s debt to equity ratio is 1.10, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy
Financial risk - Healthy debt to equity ratio development.
NNN REIT, Inc.'s debt has increased relative to shareholder equity from 1.00 last year to 1.10 today, signaling weakened financials
Financial risk - Net debt/EBITDA.
NNN REIT, Inc. has a net debt to EBITDA ratio of 5.60x, which exceeds the 3.00x threshold, indicating high leverage and potential financial risk
Financial stability - ICR.
NNN REIT, Inc.'s interest coverage ratio of 2.84 indicates that earnings with margin can cover interest payments on company debt
Financial risk - Profit margin growth.
NNN REIT, Inc.'s profit margin has decreased (-9.35%) in the last year from 45.65% to 41.38%, signaling decreasing performance
Financial risk - Short term assets vs short term liabilities.
NNN REIT, Inc.'s short-term liabilities of $388.66M exceed its short-term assets of $74.05M, signaling financial risk
Decreasing performance - ROA.
NNN REIT, Inc.'s return on assets of 4.11% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
NNN REIT, Inc.'s return on equity of 8.81%, is lower than 15.00%, indicating bad performance
Increasing performance - Earnings quality.
NNN REIT, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
NNN REIT, Inc. had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
NNN REIT, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
NNN REIT, Inc. has a free cash flow yield of 7.39%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Decreasing performance - Healthy earnings growth.
NNN REIT, Inc.'s yearly earnings has decreased -1.78% since last year from $396.83M to $389.78M, signaling decreasing performance
Increasing performance - Healthy revenue growth.
NNN REIT, Inc.'s yearly revenue has increased 6.55% since last year from $869.27M to $926.21M, signaling increasing performance
Increasing performance - ROIC.
ROIC 6.32% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.
Increasing performance - 3-year revenue CAGR.
NNN REIT, Inc.'s 3-year revenue CAGR of 6.21% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
NNN REIT, Inc. had revenue growth in 5.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
NNN REIT, Inc. had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
NNN REIT, Inc. is overvalued relative to its fair value price of 32.57 based on Discounted Cash Flow model
Undervalued - Earnings yield.
NNN REIT, Inc. has an earnings yield of 4.32%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Overvalued - EBITDA valuation.
NNN REIT, Inc. is overvalued relative to its fair value price of 6.36 based on EBITDA multiple model
Undervalued - EV/EBITDA.
NNN REIT, Inc. has an EV/EBITDA ratio of 15.95x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Overvalued - PEG ratio value.
NNN REIT, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Undervalued - P/B ratio.
NNN REIT, Inc. has a price-to-book ratio of 2.04x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Overvalued - P/S ratio.
NNN REIT, Inc. has a price-to-sales ratio of 9.65x, which exceeds the 8.00x threshold, indicating the stock may be overvalued relative to its revenue
Profit margin
Current Ratio
Capital Returns
8.81%
Return on equity
ROIC: 6.32%
Valuation History
23.0X
Price to Earnings
EV/EBITDA: 15.9X
Cash flow
Profit margin
9.17%
(FY vs FY)
Cash flow Y/Y
8.18%
(FY vs FY)
Base valuations use default assumptions. Customize in the Valuator.