View ValuationNSI 将来の成長Future 基準チェック /36NSIの収益は年間4.6%で減少すると予測されていますが、年間利益は年間60.2%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に6% 59.9%なると予測されています。主要情報60.2%収益成長率59.87%EPS成長率Office REITs 収益成長22.6%収益成長率-4.6%将来の株主資本利益率6.01%アナリストカバレッジLow最終更新日24 Jul 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Jul 15+ 1 more updateNSI N.V. to Report Fiscal Year 2026 Final Results on Mar 11, 2027NSI N.V. announced that they will report fiscal year 2026 final results on Mar 11, 2027お知らせ • Mar 23NSI N.V. to Report First Half, 2026 Results on Jul 15, 2026NSI N.V. announced that they will report first half, 2026 results on Jul 15, 2026お知らせ • Feb 04NSI N.V., Annual General Meeting, Apr 17, 2026NSI N.V., Annual General Meeting, Apr 17, 2026.お知らせ • Jul 17+ 1 more updateNSI N.V. to Report Fiscal Year 2025 Results on Jan 28, 2026NSI N.V. announced that they will report fiscal year 2025 results on Jan 28, 2026お知らせ • Mar 12NSI N.V., Annual General Meeting, Apr 17, 2025NSI N.V., Annual General Meeting, Apr 17, 2025. Location: hnk amsterdam sloterdijk radarweg 60 amsterdam, Netherlandsお知らせ • Feb 18NSI N.V. to Report Fiscal Year 2024 Results on Apr 17, 2025NSI N.V. announced that they will report fiscal year 2024 results at 7:00 AM, Central European Standard Time on Apr 17, 2025お知らせ • Dec 05NSI N.V. (ENXTAM:NSI) acquired Sypesteyn building in Utrecht for €15.3 million.NSI N.V. (ENXTAM:NSI) acquired Sypesteyn building in Utrecht for €15.3 million on December 4, 2024. Currently, the building has a contracted rent roll of €1.1 million per annum, a WAULT of 1.9 years and EPC label C. With an occupancy rate of 71%, the asset offers near-term asset management potential. NSI N.V. (ENXTAM:NSI) completed the acquisition of Sypesteyn building in Utrecht on December 4, 2024.お知らせ • Nov 29First Sponsor Group Limited (SGX:ADN) acquired an additional 4.57% stake in NSI N.V. (ENXTAM:NSI) from Clearance Capital Limited for approximately €18.9 million.First Sponsor Group Limited (SGX:ADN) entered into a share purchase agreement to acquire an additional 4.57% stake in NSI N.V. (ENXTAM:NSI) from Clearance Capital Limited for approximately €18.9 million on November 27, 2024. The aggregate consideration payable by the Group for the Sale Shares is approximately €18.9 million or €20.50 per Sale Share. The Consideration will be payable to the Seller in full in cash at completion. The Consideration was arrived at based on arm’s length negotiations. As at November 27, 2024, the Group already holds 3,516,664 shares in NSI, representing approximately 17.45% of the total issued and outstanding ordinary shares of NSI. As such, arising from the completion of the SPA, the Group will hold an aggregate of 4,437,503 shares in NSI, representing approximately 22.02% of the total issued and outstanding ordinary shares of NSI. The Acquisition will be funded by the net proceeds from the renounceable and non-underwritten rights issue of perpetual convertible capital securities issued by the Company on September 30, 2024. Completion of the Acquisition is currently expected to take place on or about November 28, 2024, but no later than December 6, 2024. First Sponsor Group Limited (SGX:ADN) completed the acquisition of 4.57% stake in NSI N.V. (ENXTAM:NSI) from Clearance Capital Limited on November 28, 2024.Reported Earnings • Oct 17Third quarter 2024 earnings released: EPS: €1.38 (vs €6.38 in 3Q 2023)Third quarter 2024 results: EPS: €1.38 (down from €6.38 in 3Q 2023). Revenue: €11.5m (up 5.8% from 3Q 2023). Net income: €26.7m (down 79% from 3Q 2023). Revenue is forecast to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.お知らせ • Oct 16NSI N.V. to Report First Half, 2025 Results on Jul 16, 2025NSI N.V. announced that they will report first half, 2025 results on Jul 16, 2025Reported Earnings • Jul 18Second quarter 2024 earnings released: €0.20 loss per share (vs €5.28 loss in 2Q 2023)Second quarter 2024 results: €0.20 loss per share (improved from €5.28 loss in 2Q 2023). Revenue: €18.3m (down 26% from 2Q 2023). Net loss: €4.11m (loss narrowed 96% from 2Q 2023). Revenue is forecast to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 22First quarter 2024 earnings released: EPS: €0.35 (vs €0.43 in 1Q 2023)First quarter 2024 results: EPS: €0.35 (down from €0.43 in 1Q 2023). Revenue: €17.9m (up 2.5% from 1Q 2023). Net income: €7.11m (down 17% from 1Q 2023). Profit margin: 40% (down from 49% in 1Q 2023). Revenue is expected to fall by 5.3% p.a. on average during the next 3 years compared to a 1.6% decline forecast for the Office REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.お知らせ • Apr 21+ 1 more updateNSI N.V. to Report Fiscal Year 2024 Results on Jan 28, 2025NSI N.V. announced that they will report fiscal year 2024 results on Jan 28, 2025Upcoming Dividend • Apr 16Upcoming dividend of €0.77 per shareEligible shareholders must have bought the stock before 23 April 2024. Payment date: 14 May 2024. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (5.7%).Reported Earnings • Mar 11Full year 2023 earnings released: €7.08 loss per share (vs €1.58 loss in FY 2022)Full year 2023 results: €7.08 loss per share (further deteriorated from €1.58 loss in FY 2022). Revenue: €84.7m (up 2.8% from FY 2022). Net loss: €142.4m (loss widened 354% from FY 2022). Revenue is expected to fall by 5.4% p.a. on average during the next 3 years compared to a 1.6% decline forecast for the Office REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.お知らせ • Mar 09NSI N.V. (ENXTAM:NSI) announces an Equity Buyback for €20 million worth of its shares.NSI N.V. (ENXTAM:NSI) announces a share repurchase program. Under the program, the company will repurchase up to €20 million worth of its shares. The program will run until September 30, 2024.お知らせ • Jan 25NSI N.V., Annual General Meeting, Apr 19, 2024NSI N.V., Annual General Meeting, Apr 19, 2024.お知らせ • Jan 24NSI N.V., Annual General Meeting, Feb 28, 2024NSI N.V., Annual General Meeting, Feb 28, 2024, at 10:00 Central European Standard Time. Location: HNK Sloterdijk, Radarweg 60, 1043 NT Amsterdam Amsterdam Netherlands Agenda: To consider Chairman opens the meeting; to consider Proposal for the appointment of Marlies Janssen as member of the Supervisory Board; and to consider any other business.Buying Opportunity • Dec 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.9%. The fair value is estimated to be €22.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Oct 18Third quarter 2023 earnings released: EPS: €6.38 (vs €0.21 in 3Q 2022)Third quarter 2023 results: EPS: €6.38 (up from €0.21 in 3Q 2022). Revenue: €10.9m (down 11% from 3Q 2022). Net income: €128.5m (up €124.4m from 3Q 2022). Revenue is forecast to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Oct 14NSI N.V. to Report First Half, 2024 Results on Jul 15, 2024NSI N.V. announced that they will report first half, 2024 results on Jul 15, 2024Reported Earnings • Jul 17Second quarter 2023 earnings released: €5.28 loss per share (vs €0.95 profit in 2Q 2022)Second quarter 2023 results: €5.28 loss per share (down from €0.95 profit in 2Q 2022). Revenue: €24.9m (up 5.1% from 2Q 2022). Net loss: €106.2m (down €124.8m from profit in 2Q 2022). Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.お知らせ • Jul 16+ 1 more updateNSI N.V. to Report Fiscal Year 2023 Results on Jan 25, 2024NSI N.V. announced that they will report fiscal year 2023 results on Jan 25, 2024Upcoming Dividend • Apr 19Upcoming dividend of €1.12 per share at 8.9% yieldEligible shareholders must have bought the stock before 25 April 2023. Payment date: 16 May 2023. Trailing yield: 8.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (5.2%).Buying Opportunity • Feb 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.9%. The fair value is estimated to be €29.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 14% in a year. Earnings is forecast to decline by 310% in the next year.Reported Earnings • Jan 30Full year 2022 earnings released: €1.58 loss per share (vs €6.20 profit in FY 2021)Full year 2022 results: €1.58 loss per share (down from €6.20 profit in FY 2021). Revenue: €82.3m (down 8.7% from FY 2021). Net loss: €31.4m (down 126% from profit in FY 2021). Net asset value (NAV) per share: €44.23 (down 8.1% from FY 2021). The current share price is 46% lower than NAV per share. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Buying Opportunity • Dec 17Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €28.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 14% in 2 years. Earnings is forecast to decline by 61% in the next 2 years.Reported Earnings • Oct 16Third quarter 2022 earnings released: EPS: €0.21 (vs €0.026 in 3Q 2021)Third quarter 2022 results: EPS: €0.21 (up from €0.026 in 3Q 2021). Revenue: €12.2m (up 1.5% from 3Q 2021). Net income: €4.14m (up €3.63m from 3Q 2021). Profit margin: 34% (up from 4.2% in 3Q 2021). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 17% per year.お知らせ • Oct 14NSI N.V. to Report First Half, 2023 Results on Jul 14, 2023NSI N.V. announced that they will report first half, 2023 results on Jul 14, 2023Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €22.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the REITs industry in Europe. Total loss to shareholders of 32% over the past three years.Reported Earnings • Jul 15First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €34.2m from profit in 1H 2021). Profit margin: (down from 73% in 1H 2021). Over the next year, revenue is expected to shrink by 32% compared to a 1.5% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Jul 15NSI N.V. to Report First Half, 2022 Results on Jul 14, 2022NSI N.V. announced that they will report first half, 2022 results on Jul 14, 2022お知らせ • Apr 17NSI N.V., Annual General Meeting, Apr 15, 2022NSI N.V., Annual General Meeting, Apr 15, 2022, at 14:00 Central European Standard Time. Location: HNK The Hague, Oude Middenweg 17 The Hague Netherlands Agenda: To consider the teport of the Management Board on the 2021 financial year; to consider the report of the Supervisory Board on the 2021 financial year; to consider the discussion of the remuneration report for the 2021 financial year; to consider the adoption of the financial statements for the 2021 financial year; to consider the dividend policy of NSI; to consider the declaration of the final dividend for 2021; to consider the discharge of the members of the Management Board for the policy pursued in the 2021 financial year; to consider the discharge of the members of the Supervisory Board for the supervision exercised during the 2021 financial year; to consider the update on Benchmark in accordance with the Remuneration Policy for the Management Board; to consider the authorisations; to consider the Outlook for 2022; and to consider the any other business.Reported Earnings • Mar 06Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: €6.20 (up from €1.07 loss in FY 2020). Revenue: €90.2m (flat on FY 2020). Net income: €121.0m (up €141.4m from FY 2020). Net asset value (NAV) per share: €48.15 (up 8.7% from FY 2020). The current share price is 29% lower than NAV per share. Revenue missed analyst estimates by 5.4%. Over the next year, revenue is expected to shrink by 31% compared to a 1.3% growth forecast for the reits industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Jan 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €6.20 (up from €1.07 loss in FY 2020). Revenue: €90.2m (flat on FY 2020). Net income: €121.0m (up €141.4m from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 31% compared to a 4.9% growth forecast for the reits industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Oct 20Third quarter 2021 earnings released: EPS €0.026 (vs €3.54 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €12.1m (down 8.8% from 3Q 2020). Net income: €508.0k (down 99% from 3Q 2020). Profit margin: 4.2% (down from 512% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Mar 19NSI N.V. (ENXTAM:NSI) completed the acquisition of Portfolio of three assets for €79.8 million.NSI N.V. (ENXTAM:NSI) signed a purchase agreement to acquire Portfolio of three assets for €80 million on February 24, 2021. The portfolio includes two building located in Amsterdam and one in Rotterdam. In a related transaction, NSI sold one office object in Rotterdam for an amount of €7.6million. This purchase agreement includes one condition subsequent to be met by seller. NSI N.V. (ENXTAM:NSI) completed the acquisition of Portfolio of three assets for €79.8 million on March 17, 2021.Reported Earnings • Mar 07Full year 2020 earnings released: €1.07 loss per share (vs €10.47 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €89.5m (down 6.5% from FY 2019). Net loss: €20.4m (down 110% from profit in FY 2019). Net asset value (NAV) per share: €44.29 (down 7.2% from FY 2019). The current share price is 25% lower than NAV per share. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.Is New 90 Day High Low • Feb 12New 90-day low: €31.00The company is down 4.0% from its price of €32.20 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €45.60 per share.Reported Earnings • Jan 28Full year 2020 earnings released: €1.07 loss per share (vs €10.47 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €89.5m (down 6.5% from FY 2019). Net loss: €20.4m (down 110% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.Is New 90 Day High Low • Dec 18New 90-day high: €34.20The company is up 15% from its price of €29.75 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €47.97 per share.Is New 90 Day High Low • Oct 29New 90-day low: €27.50The company is down 7.0% from its price of €29.70 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.35 per share.Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of €193.9m, up 235% from the prior year. Total revenue was €91.0m over the last 12 months, up 5.4% from the prior year. Note: Net income excluding extraordinary items provided as the company does not report funds from operations.業績と収益の成長予測DB:N4RN - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20287356-2641512/31/20276943-2939512/31/20267145-34356/30/202684-163535N/A3/31/202686-11N/AN/AN/A12/31/202588-104242N/A9/30/20258713N/AN/AN/A6/30/20258723838N/A3/31/20258713N/AN/AN/A12/31/202486124040N/A9/30/202486-144N/AN/AN/A6/30/202485-423939N/A3/31/202485-144N/AN/AN/A12/31/202385-1424242N/A9/30/202382-32N/AN/AN/A6/30/202384-1564646N/A3/31/202382-31N/AN/AN/A12/31/202282-314343N/A9/30/202285118N/AN/AN/A6/30/2022841144041N/A3/31/202288121N/AN/AN/A12/31/2021901213637N/A9/30/202191-19N/AN/AN/A6/30/202192483434N/A3/31/2021876N/AN/AN/A12/31/202089-204040N/A9/30/202091194N/AN/AN/A6/30/202091744242N/A3/31/202094135N/A41N/A12/31/201996196N/A39N/A9/30/20198656N/AN/AN/A6/30/201997130N/A46N/A3/31/201997111N/A49N/A12/31/20189792N/A53N/A9/30/2018126123N/AN/AN/A6/30/201898104N/A46N/A3/31/20189999N/A44N/A12/31/201710193N/A42N/A9/30/20175023N/AN/AN/A6/30/201712419N/A50N/A3/31/2017115-2N/A45N/A12/31/2016107-23N/A40N/A9/30/201613942N/AN/AN/A6/30/201651-9N/A35N/A3/31/2016595N/A47N/A12/31/20156719N/A58N/A9/30/20151049N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: N4RNは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: N4RN今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: N4RN今後 3 年以内に収益を上げることが予想されます。収益対市場: N4RNの収益は今後 3 年間で減少すると予想されています (年間-4.6% )。高い収益成長: N4RNの収益は今後 3 年間で減少すると予測されています (年間-4.6% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: N4RNの 自己資本利益率 は、3年後には低くなると予測されています ( 6 %)。成長企業の発掘7D1Y7D1Y7D1YReal-estate 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/28 14:02終値2026/07/28 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋NSI N.V. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Kai KloseBerenbergVincent KoppmairDegroof PetercamMichiel VereyckenING Groep NV1 その他のアナリストを表示
お知らせ • Jul 15+ 1 more updateNSI N.V. to Report Fiscal Year 2026 Final Results on Mar 11, 2027NSI N.V. announced that they will report fiscal year 2026 final results on Mar 11, 2027
お知らせ • Mar 23NSI N.V. to Report First Half, 2026 Results on Jul 15, 2026NSI N.V. announced that they will report first half, 2026 results on Jul 15, 2026
お知らせ • Feb 04NSI N.V., Annual General Meeting, Apr 17, 2026NSI N.V., Annual General Meeting, Apr 17, 2026.
お知らせ • Jul 17+ 1 more updateNSI N.V. to Report Fiscal Year 2025 Results on Jan 28, 2026NSI N.V. announced that they will report fiscal year 2025 results on Jan 28, 2026
お知らせ • Mar 12NSI N.V., Annual General Meeting, Apr 17, 2025NSI N.V., Annual General Meeting, Apr 17, 2025. Location: hnk amsterdam sloterdijk radarweg 60 amsterdam, Netherlands
お知らせ • Feb 18NSI N.V. to Report Fiscal Year 2024 Results on Apr 17, 2025NSI N.V. announced that they will report fiscal year 2024 results at 7:00 AM, Central European Standard Time on Apr 17, 2025
お知らせ • Dec 05NSI N.V. (ENXTAM:NSI) acquired Sypesteyn building in Utrecht for €15.3 million.NSI N.V. (ENXTAM:NSI) acquired Sypesteyn building in Utrecht for €15.3 million on December 4, 2024. Currently, the building has a contracted rent roll of €1.1 million per annum, a WAULT of 1.9 years and EPC label C. With an occupancy rate of 71%, the asset offers near-term asset management potential. NSI N.V. (ENXTAM:NSI) completed the acquisition of Sypesteyn building in Utrecht on December 4, 2024.
お知らせ • Nov 29First Sponsor Group Limited (SGX:ADN) acquired an additional 4.57% stake in NSI N.V. (ENXTAM:NSI) from Clearance Capital Limited for approximately €18.9 million.First Sponsor Group Limited (SGX:ADN) entered into a share purchase agreement to acquire an additional 4.57% stake in NSI N.V. (ENXTAM:NSI) from Clearance Capital Limited for approximately €18.9 million on November 27, 2024. The aggregate consideration payable by the Group for the Sale Shares is approximately €18.9 million or €20.50 per Sale Share. The Consideration will be payable to the Seller in full in cash at completion. The Consideration was arrived at based on arm’s length negotiations. As at November 27, 2024, the Group already holds 3,516,664 shares in NSI, representing approximately 17.45% of the total issued and outstanding ordinary shares of NSI. As such, arising from the completion of the SPA, the Group will hold an aggregate of 4,437,503 shares in NSI, representing approximately 22.02% of the total issued and outstanding ordinary shares of NSI. The Acquisition will be funded by the net proceeds from the renounceable and non-underwritten rights issue of perpetual convertible capital securities issued by the Company on September 30, 2024. Completion of the Acquisition is currently expected to take place on or about November 28, 2024, but no later than December 6, 2024. First Sponsor Group Limited (SGX:ADN) completed the acquisition of 4.57% stake in NSI N.V. (ENXTAM:NSI) from Clearance Capital Limited on November 28, 2024.
Reported Earnings • Oct 17Third quarter 2024 earnings released: EPS: €1.38 (vs €6.38 in 3Q 2023)Third quarter 2024 results: EPS: €1.38 (down from €6.38 in 3Q 2023). Revenue: €11.5m (up 5.8% from 3Q 2023). Net income: €26.7m (down 79% from 3Q 2023). Revenue is forecast to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 16NSI N.V. to Report First Half, 2025 Results on Jul 16, 2025NSI N.V. announced that they will report first half, 2025 results on Jul 16, 2025
Reported Earnings • Jul 18Second quarter 2024 earnings released: €0.20 loss per share (vs €5.28 loss in 2Q 2023)Second quarter 2024 results: €0.20 loss per share (improved from €5.28 loss in 2Q 2023). Revenue: €18.3m (down 26% from 2Q 2023). Net loss: €4.11m (loss narrowed 96% from 2Q 2023). Revenue is forecast to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 22First quarter 2024 earnings released: EPS: €0.35 (vs €0.43 in 1Q 2023)First quarter 2024 results: EPS: €0.35 (down from €0.43 in 1Q 2023). Revenue: €17.9m (up 2.5% from 1Q 2023). Net income: €7.11m (down 17% from 1Q 2023). Profit margin: 40% (down from 49% in 1Q 2023). Revenue is expected to fall by 5.3% p.a. on average during the next 3 years compared to a 1.6% decline forecast for the Office REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 21+ 1 more updateNSI N.V. to Report Fiscal Year 2024 Results on Jan 28, 2025NSI N.V. announced that they will report fiscal year 2024 results on Jan 28, 2025
Upcoming Dividend • Apr 16Upcoming dividend of €0.77 per shareEligible shareholders must have bought the stock before 23 April 2024. Payment date: 14 May 2024. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (5.7%).
Reported Earnings • Mar 11Full year 2023 earnings released: €7.08 loss per share (vs €1.58 loss in FY 2022)Full year 2023 results: €7.08 loss per share (further deteriorated from €1.58 loss in FY 2022). Revenue: €84.7m (up 2.8% from FY 2022). Net loss: €142.4m (loss widened 354% from FY 2022). Revenue is expected to fall by 5.4% p.a. on average during the next 3 years compared to a 1.6% decline forecast for the Office REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 09NSI N.V. (ENXTAM:NSI) announces an Equity Buyback for €20 million worth of its shares.NSI N.V. (ENXTAM:NSI) announces a share repurchase program. Under the program, the company will repurchase up to €20 million worth of its shares. The program will run until September 30, 2024.
お知らせ • Jan 25NSI N.V., Annual General Meeting, Apr 19, 2024NSI N.V., Annual General Meeting, Apr 19, 2024.
お知らせ • Jan 24NSI N.V., Annual General Meeting, Feb 28, 2024NSI N.V., Annual General Meeting, Feb 28, 2024, at 10:00 Central European Standard Time. Location: HNK Sloterdijk, Radarweg 60, 1043 NT Amsterdam Amsterdam Netherlands Agenda: To consider Chairman opens the meeting; to consider Proposal for the appointment of Marlies Janssen as member of the Supervisory Board; and to consider any other business.
Buying Opportunity • Dec 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.9%. The fair value is estimated to be €22.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Oct 18Third quarter 2023 earnings released: EPS: €6.38 (vs €0.21 in 3Q 2022)Third quarter 2023 results: EPS: €6.38 (up from €0.21 in 3Q 2022). Revenue: €10.9m (down 11% from 3Q 2022). Net income: €128.5m (up €124.4m from 3Q 2022). Revenue is forecast to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 14NSI N.V. to Report First Half, 2024 Results on Jul 15, 2024NSI N.V. announced that they will report first half, 2024 results on Jul 15, 2024
Reported Earnings • Jul 17Second quarter 2023 earnings released: €5.28 loss per share (vs €0.95 profit in 2Q 2022)Second quarter 2023 results: €5.28 loss per share (down from €0.95 profit in 2Q 2022). Revenue: €24.9m (up 5.1% from 2Q 2022). Net loss: €106.2m (down €124.8m from profit in 2Q 2022). Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 16+ 1 more updateNSI N.V. to Report Fiscal Year 2023 Results on Jan 25, 2024NSI N.V. announced that they will report fiscal year 2023 results on Jan 25, 2024
Upcoming Dividend • Apr 19Upcoming dividend of €1.12 per share at 8.9% yieldEligible shareholders must have bought the stock before 25 April 2023. Payment date: 16 May 2023. Trailing yield: 8.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (5.2%).
Buying Opportunity • Feb 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.9%. The fair value is estimated to be €29.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 14% in a year. Earnings is forecast to decline by 310% in the next year.
Reported Earnings • Jan 30Full year 2022 earnings released: €1.58 loss per share (vs €6.20 profit in FY 2021)Full year 2022 results: €1.58 loss per share (down from €6.20 profit in FY 2021). Revenue: €82.3m (down 8.7% from FY 2021). Net loss: €31.4m (down 126% from profit in FY 2021). Net asset value (NAV) per share: €44.23 (down 8.1% from FY 2021). The current share price is 46% lower than NAV per share. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Dec 17Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €28.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 14% in 2 years. Earnings is forecast to decline by 61% in the next 2 years.
Reported Earnings • Oct 16Third quarter 2022 earnings released: EPS: €0.21 (vs €0.026 in 3Q 2021)Third quarter 2022 results: EPS: €0.21 (up from €0.026 in 3Q 2021). Revenue: €12.2m (up 1.5% from 3Q 2021). Net income: €4.14m (up €3.63m from 3Q 2021). Profit margin: 34% (up from 4.2% in 3Q 2021). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 17% per year.
お知らせ • Oct 14NSI N.V. to Report First Half, 2023 Results on Jul 14, 2023NSI N.V. announced that they will report first half, 2023 results on Jul 14, 2023
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €22.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the REITs industry in Europe. Total loss to shareholders of 32% over the past three years.
Reported Earnings • Jul 15First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €34.2m from profit in 1H 2021). Profit margin: (down from 73% in 1H 2021). Over the next year, revenue is expected to shrink by 32% compared to a 1.5% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 15NSI N.V. to Report First Half, 2022 Results on Jul 14, 2022NSI N.V. announced that they will report first half, 2022 results on Jul 14, 2022
お知らせ • Apr 17NSI N.V., Annual General Meeting, Apr 15, 2022NSI N.V., Annual General Meeting, Apr 15, 2022, at 14:00 Central European Standard Time. Location: HNK The Hague, Oude Middenweg 17 The Hague Netherlands Agenda: To consider the teport of the Management Board on the 2021 financial year; to consider the report of the Supervisory Board on the 2021 financial year; to consider the discussion of the remuneration report for the 2021 financial year; to consider the adoption of the financial statements for the 2021 financial year; to consider the dividend policy of NSI; to consider the declaration of the final dividend for 2021; to consider the discharge of the members of the Management Board for the policy pursued in the 2021 financial year; to consider the discharge of the members of the Supervisory Board for the supervision exercised during the 2021 financial year; to consider the update on Benchmark in accordance with the Remuneration Policy for the Management Board; to consider the authorisations; to consider the Outlook for 2022; and to consider the any other business.
Reported Earnings • Mar 06Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: €6.20 (up from €1.07 loss in FY 2020). Revenue: €90.2m (flat on FY 2020). Net income: €121.0m (up €141.4m from FY 2020). Net asset value (NAV) per share: €48.15 (up 8.7% from FY 2020). The current share price is 29% lower than NAV per share. Revenue missed analyst estimates by 5.4%. Over the next year, revenue is expected to shrink by 31% compared to a 1.3% growth forecast for the reits industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jan 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €6.20 (up from €1.07 loss in FY 2020). Revenue: €90.2m (flat on FY 2020). Net income: €121.0m (up €141.4m from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 31% compared to a 4.9% growth forecast for the reits industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Oct 20Third quarter 2021 earnings released: EPS €0.026 (vs €3.54 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €12.1m (down 8.8% from 3Q 2020). Net income: €508.0k (down 99% from 3Q 2020). Profit margin: 4.2% (down from 512% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Mar 19NSI N.V. (ENXTAM:NSI) completed the acquisition of Portfolio of three assets for €79.8 million.NSI N.V. (ENXTAM:NSI) signed a purchase agreement to acquire Portfolio of three assets for €80 million on February 24, 2021. The portfolio includes two building located in Amsterdam and one in Rotterdam. In a related transaction, NSI sold one office object in Rotterdam for an amount of €7.6million. This purchase agreement includes one condition subsequent to be met by seller. NSI N.V. (ENXTAM:NSI) completed the acquisition of Portfolio of three assets for €79.8 million on March 17, 2021.
Reported Earnings • Mar 07Full year 2020 earnings released: €1.07 loss per share (vs €10.47 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €89.5m (down 6.5% from FY 2019). Net loss: €20.4m (down 110% from profit in FY 2019). Net asset value (NAV) per share: €44.29 (down 7.2% from FY 2019). The current share price is 25% lower than NAV per share. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.
Is New 90 Day High Low • Feb 12New 90-day low: €31.00The company is down 4.0% from its price of €32.20 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €45.60 per share.
Reported Earnings • Jan 28Full year 2020 earnings released: €1.07 loss per share (vs €10.47 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €89.5m (down 6.5% from FY 2019). Net loss: €20.4m (down 110% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
Is New 90 Day High Low • Dec 18New 90-day high: €34.20The company is up 15% from its price of €29.75 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €47.97 per share.
Is New 90 Day High Low • Oct 29New 90-day low: €27.50The company is down 7.0% from its price of €29.70 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.35 per share.
Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of €193.9m, up 235% from the prior year. Total revenue was €91.0m over the last 12 months, up 5.4% from the prior year. Note: Net income excluding extraordinary items provided as the company does not report funds from operations.