NewRiver REIT plc

BATS-CHIXE:NRRL Stock Report

Market Cap: UK£287.8m

NewRiver REIT Valuation

Is NRRL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NRRL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NRRL (£0.76) is trading above our estimate of fair value (£0.51)

Significantly Below Fair Value: NRRL is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NRRL?

Key metric: As NRRL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NRRL. This is calculated by dividing NRRL's market cap by their current earnings.
What is NRRL's PE Ratio?
PE Ratio95.9x
EarningsUK£3.00m
Market CapUK£287.84m

Price to Earnings Ratio vs Peers

How does NRRL's PE Ratio compare to its peers?

The above table shows the PE ratio for NRRL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.6x
CAL Capital & Regional
68.2x47.8%UK£143.2m
SHC Shaftesbury Capital
66x28.4%UK£2.5b
HOME Home Reit
6.3xn/aUK£300.8m
SREI Schroder Real Estate Investment Trust
82xn/aUK£247.5m
NRRL NewRiver REIT
95.9x33.0%UK£287.8m

Price-To-Earnings vs Peers: NRRL is expensive based on its Price-To-Earnings Ratio (95.9x) compared to the peer average (72.1x).

Price to Earnings Ratio vs Industry

How does NRRL's PE Ratio compare vs other companies in the European Retail REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies4PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NRRL is expensive based on its Price-To-Earnings Ratio (95.9x) compared to the European Retail REITs industry average (22.5x).

Price to Earnings Ratio vs Fair Ratio

What is NRRL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NRRL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio95.9x
Fair PE Ratio19.7x

Price-To-Earnings vs Fair Ratio: NRRL is expensive based on its Price-To-Earnings Ratio (95.9x) compared to the estimated Fair Price-To-Earnings Ratio (19.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NRRL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£0.76
UK£0.86
+12.6%
1.2%UK£0.87UK£0.85n/a2
Nov ’25UK£0.79
UK£0.91
+16.0%
8.3%UK£1.02UK£0.85n/a3
Oct ’25UK£0.82
UK£0.91
+11.5%
8.3%UK£1.02UK£0.85n/a3
Sep ’25UK£0.79
UK£0.94
+19.5%
7.9%UK£1.02UK£0.87n/a2
Aug ’25UK£0.83
UK£0.94
+13.6%
7.9%UK£1.02UK£0.87n/a2
Jul ’25UK£0.78
UK£0.91
+16.8%
8.3%UK£1.02UK£0.85n/a3
Jun ’25UK£0.72
UK£0.91
+26.9%
8.3%UK£1.02UK£0.85n/a3
May ’25UK£0.75
UK£0.96
+27.8%
8.9%UK£1.06UK£0.85n/a4
Apr ’25UK£0.79
UK£1.01
+27.4%
10.1%UK£1.17UK£0.90n/a4
Mar ’25UK£0.75
UK£1.01
+34.5%
10.1%UK£1.17UK£0.90n/a4
Feb ’25UK£0.78
UK£1.01
+30.0%
10.1%UK£1.17UK£0.90n/a4
Jan ’25UK£0.82
UK£1.01
+22.6%
10.1%UK£1.17UK£0.90n/a4
Dec ’24UK£0.87
UK£0.98
+13.2%
12.5%UK£1.17UK£0.85n/a4
Nov ’24UK£0.77
UK£0.99
+29.1%
13.9%UK£1.21UK£0.85UK£0.794
Oct ’24UK£0.80
UK£0.99
+24.1%
13.9%UK£1.21UK£0.85UK£0.824
Sep ’24UK£0.82
UK£1.02
+23.9%
11.5%UK£1.21UK£0.90UK£0.794
Aug ’24UK£0.81
UK£1.02
+25.2%
11.5%UK£1.21UK£0.90UK£0.834
Jul ’24UK£0.89
UK£1.02
+14.2%
11.2%UK£1.20UK£0.90UK£0.784
Jun ’24UK£0.83
UK£1.04
+25.5%
11.9%UK£1.20UK£0.90UK£0.723
May ’24UK£0.80
UK£1.07
+32.9%
11.0%UK£1.20UK£0.90UK£0.754
Apr ’24UK£0.79
UK£1.06
+33.9%
12.8%UK£1.20UK£0.85UK£0.794
Mar ’24UK£0.93
UK£1.02
+9.6%
13.3%UK£1.20UK£0.85UK£0.755
Feb ’24UK£0.87
UK£1.01
+15.7%
13.8%UK£1.20UK£0.85UK£0.785
Jan ’24UK£0.76
UK£0.99
+30.3%
16.7%UK£1.20UK£0.75UK£0.825
Dec ’23UK£0.82
UK£0.99
+20.9%
16.7%UK£1.20UK£0.75UK£0.875
Nov ’23UK£0.69
UK£1.02
+47.9%
14.4%UK£1.20UK£0.85UK£0.775

Analyst Forecast: Target price is less than 20% higher than the current share price.

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