NTST34 Stock Overview

An internally managed real estate investment trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. More details

NTST34 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	0/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 53.6% below our estimate of its fair value

Earnings are forecast to grow 52.41% per year

Risk Analysis

Interest payments are not well covered by earnings

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

NETSTREIT Corp. Competitors

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Price History & Performance

Summary of share price highs, lows and changes for NETSTREIT
Historical stock prices
Current Share Price	US$43.64
52 Week High	US$47.59
52 Week Low	US$43.28
Beta	0.95
1 Month Change	-7.59%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-5.59%

Recent updates

Shareholder Returns

	NTST34	BR Retail REITs	BR Market
7D	0.7%	0.1%	-0.8%
1Y	n/a	3.0%	-13.7%

Return vs Industry: Insufficient data to determine how NTST34 performed against the BR Retail REITs industry.

Return vs Market: Insufficient data to determine how NTST34 performed against the BR Market.

Price Volatility

Is NTST34's price volatile compared to industry and market?
NTST34 volatility
NTST34 Average Weekly Movement	6.3%
Retail REITs Industry Average Movement	3.1%
Market Average Movement	5.0%
10% most volatile stocks in BR Market	9.6%
10% least volatile stocks in BR Market	2.9%

Stable Share Price: NTST34 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: Insufficient data to determine NTST34's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2019	28	Mark Manheimer	www.netstreit.com

NETSTREIT Corp. is an internally managed real estate investment trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets. Led by a management team of seasoned commercial real estate executives, NETSTREIT’s strategy is to create the highest quality net lease retail portfolio in the country with the goal of generating consistent cash flows and dividends for its investors.

NETSTREIT Corp. Fundamentals Summary

How do NETSTREIT's earnings and revenue compare to its market cap?
NTST34 fundamental statistics
Market cap	R$7.20b
Earnings (TTM)	-R$28.78m
Revenue (TTM)	R$973.02m

7.4x

P/S Ratio

-250.2x

P/E Ratio

Is NTST34 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NTST34 income statement (TTM)
Revenue	US$155.55m
Cost of Revenue	US$18.03m
Gross Profit	US$137.52m
Other Expenses	US$142.12m
Earnings	-US$4.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.056
Gross Margin	88.41%
Net Profit Margin	-2.96%
Debt/Equity Ratio	58.3%

How did NTST34 perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

70%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 09:44
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NETSTREIT Corp. is covered by 19 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Wesley Golladay	Baird
Nathan Crossett	Berenberg
Nathan Crossett	BNP Paribas Exane

NETSTREIT BOVESPA:NTST34 Stock Report