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Nova Net Lease REIT (XCNQ:NNL.U) EV-to-Revenue : 1.58 (As of Jun. 05, 2024)


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What is Nova Net Lease REIT EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Nova Net Lease REIT's enterprise value is $2.46 Mil. Nova Net Lease REIT's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $1.56 Mil. Therefore, Nova Net Lease REIT's EV-to-Revenue for today is 1.58.

The historical rank and industry rank for Nova Net Lease REIT's EV-to-Revenue or its related term are showing as below:

XCNQ:NNL.U' s EV-to-Revenue Range Over the Past 10 Years
Min: -1.27   Med: -0.07   Max: 3.38
Current: 1.58

During the past 3 years, the highest EV-to-Revenue of Nova Net Lease REIT was 3.38. The lowest was -1.27. And the median was -0.07.

XCNQ:NNL.U's EV-to-Revenue is ranked better than
97.23% of 830 companies
in the REITs industry
Industry Median: 10.245 vs XCNQ:NNL.U: 1.58

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-06-05), Nova Net Lease REIT's stock price is $0.09. Nova Net Lease REIT's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.22. Therefore, Nova Net Lease REIT's PS Ratio for today is 0.41.


Nova Net Lease REIT EV-to-Revenue Historical Data

The historical data trend for Nova Net Lease REIT's EV-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nova Net Lease REIT EV-to-Revenue Chart

Nova Net Lease REIT Annual Data
Trend Dec21 Dec22 Dec23
EV-to-Revenue
- -0.46 1.29

Nova Net Lease REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.34 0.17 -0.10 1.29 2.56

Competitive Comparison of Nova Net Lease REIT's EV-to-Revenue

For the REIT - Specialty subindustry, Nova Net Lease REIT's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nova Net Lease REIT's EV-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nova Net Lease REIT's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nova Net Lease REIT's EV-to-Revenue falls into.



Nova Net Lease REIT EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Nova Net Lease REIT's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2.464/1.561
=1.58

Nova Net Lease REIT's current Enterprise Value is $2.46 Mil.
Nova Net Lease REIT's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.56 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nova Net Lease REIT  (XCNQ:NNL.U) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Nova Net Lease REIT's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=0.09/0.22
=0.41

Nova Net Lease REIT's share price for today is $0.09.
Nova Net Lease REIT's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.22.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nova Net Lease REIT EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of Nova Net Lease REIT's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Nova Net Lease REIT (XCNQ:NNL.U) Business Description

Traded in Other Exchanges
Address
200 Bay Street, North Tower, Suite 1200, Toronto, ON, CAN, M5J 2J2
Nova Net Lease REIT is a real estate investment trust established to acquire specialized industrial and retail properties leased to experienced, licensed operators in the legal U.S. cannabis industry. The REIT intends to acquire properties through sale-leaseback transactions and lease such properties on a triple net lease basis for a targeted 10 to a 15-year term and strives to negotiate annual rental rate increases in the leases.

Nova Net Lease REIT (XCNQ:NNL.U) Headlines

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