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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Nova Net Lease REIT Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.20 |
| 52 Week High | US$0.50 |
| 52 Week Low | US$0.04 |
| Beta | 0.75 |
| 1 Month Change | -33.33% |
| 3 Month Change | 135.29% |
| 1 Year Change | 185.71% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -82.61% |
Recent News & Updates
Recent updates
Shareholder Returns
| NNL.U | CA REITs | CA Market | |
|---|---|---|---|
| 7D | 66.7% | 0.8% | 0.7% |
| 1Y | 185.7% | -17.5% | 4.9% |
Return vs Industry: NNL.U exceeded the Canadian REITs industry which returned -16.7% over the past year.
Return vs Market: NNL.U exceeded the Canadian Market which returned 5.5% over the past year.
Price Volatility
| NNL.U volatility | |
|---|---|
| NNL.U Average Weekly Movement | n/a |
| REITs Industry Average Movement | 2.5% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in CA Market | 18.1% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: NNL.U's share price has been volatile over the past 3 months.
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 | Tyson 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$3.07m |
| Earnings (TTM) | US$1.64m |
| Revenue (TTM) | US$1.54m |
0.9x
P/E Ratio1.0x
P/S RatioIs NNL.U overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NNL.U income statement (TTM) | |
|---|---|
| Revenue | US$1.54m |
| Cost of Revenue | US$0 |
| Gross Profit | US$1.54m |
| Other Expenses | -US$99.79k |
| Earnings | US$1.64m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.22 |
| Gross Margin | 100.00% |
| Net Profit Margin | 106.47% |
| Debt/Equity Ratio | 14.9% |
How did NNL.U perform over the long term?
See historical performance and comparison