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Nova Net Lease REIT (XCNQ:NNL.U) EV-to-FCF : -6.30 (As of May. 31, 2024)


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

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nova Net Lease REIT's Enterprise Value is $2.46 Mil. Nova Net Lease REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.39 Mil. Therefore, Nova Net Lease REIT's EV-to-FCF for today is -6.30.

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

XCNQ:NNL.U' s EV-to-FCF Range Over the Past 10 Years
Min: -13.46   Med: 0.07   Max: 0.93
Current: -6.47

During the past 3 years, the highest EV-to-FCF of Nova Net Lease REIT was 0.93. The lowest was -13.46. And the median was 0.07.

XCNQ:NNL.U's EV-to-FCF is ranked worse than
100% of 708 companies
in the REITs industry
Industry Median: 21.575 vs XCNQ:NNL.U: -6.47

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-31), Nova Net Lease REIT's stock price is $0.09. Nova Net Lease REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.236. Therefore, Nova Net Lease REIT's PE Ratio for today is 0.38.


Nova Net Lease REIT EV-to-FCF Historical Data

The historical data trend for Nova Net Lease REIT's EV-to-FCF 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-FCF Chart

Nova Net Lease REIT Annual Data
Trend Dec21 Dec22 Dec23
EV-to-FCF
- 0.35 -5.12

Nova Net Lease REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.38 -0.19 0.14 -5.12

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

For the REIT - Specialty subindustry, Nova Net Lease REIT's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF Distribution in the REITs Industry

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

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



Nova Net Lease REIT EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2.464/-0.391
=-6.30

Nova Net Lease REIT's current Enterprise Value is $2.46 Mil.
Nova Net Lease REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.39 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-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Nova Net Lease REIT's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.09/0.236
=0.38

Nova Net Lease REIT's share price for today is $0.09.
Nova Net Lease REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.236.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Nova Net Lease REIT EV-to-FCF Related Terms

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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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