NNL.U Stock Overview
Nova Net Lease REIT (the "REIT") was formed on July 27, 2021, as a newly created, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario, where one unit of the REIT was issued for $10 in cash. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Nova Net Lease REIT Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.38 |
| 52 Week High | US$0.50 |
| 52 Week Low | US$0.06 |
| Beta | 2.08 |
| 1 Month Change | 66.67% |
| 3 Month Change | 400.00% |
| 1 Year Change | 650.00% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -67.39% |
Recent News & Updates
Recent updates
Shareholder Returns
| NNL.U | CA REITs | CA Market | |
|---|---|---|---|
| 7D | 82.9% | 0.4% | 0.9% |
| 1Y | 650.0% | 0.9% | 15.7% |
Return vs Industry: NNL.U exceeded the Canadian REITs industry which returned 0.9% over the past year.
Return vs Market: NNL.U exceeded the Canadian Market which returned 15.7% over the past year.
Price Volatility
| NNL.U volatility | |
|---|---|
| NNL.U Average Weekly Movement | n/a |
| REITs Industry Average Movement | 2.6% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: NNL.U's share price has been volatile over the past 3 months compared to the Canadian market.
Volatility Over Time: Insufficient data to determine NNL.U's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | n/a | James MacDonald | novanetleasereit.com |
Nova Net Lease REIT (the "REIT") was formed on July 27, 2021, as a newly created, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario, where one unit of the REIT was issued for $10 in cash.
Nova Net Lease REIT Fundamentals Summary
| NNL.U fundamental statistics | |
|---|---|
| Market cap | US$5.10m |
| Earnings (TTM) | -US$905.32k |
| Revenue (TTM) | US$1.66m |
1.7x
P/S Ratio-3.1x
P/E RatioIs NNL.U overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NNL.U income statement (TTM) | |
|---|---|
| Revenue | US$1.66m |
| Cost of Revenue | US$0 |
| Gross Profit | US$1.66m |
| Other Expenses | US$2.57m |
| Earnings | -US$905.32k |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.12 |
| Gross Margin | 100.00% |
| Net Profit Margin | -54.50% |
| Debt/Equity Ratio | 16.1% |
How did NNL.U perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:46 |
| End of Day Share Price | 2024/12/30 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Nova Net Lease REIT is covered by 0 analysts. 0 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 |
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