Nova Net Lease REIT (OTCPK:NNLR.F) - Stock Price, News & Analysis

NNLR.F 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

NNLR.F fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Risk Analysis

Revenue has declined by 0.01% over the past year

Does not have a meaningful market cap ($5M)

Shares are highly illiquid

Does not have meaningful revenue ($2M)

Nova Net Lease REIT Competitors

Presidio Property Trust

NasdaqCM:SQFT

US$6.1m

Generation Income Properties

NasdaqCM:GIPR

US$9.9m

Medalist Diversified REIT

NasdaqCM:MDRR

US$16.8m

Silver Star Properties REIT

OTCPK:SLVS

US$23.2m

Price History & Performance

Summary of all time highs, changes and price drops for Nova Net Lease REIT
Historical stock prices
Current Share Price	US$0.29
52 Week High	US$0.53
52 Week Low	US$0.04
Beta	0.73
11 Month Change	265.75%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-98.22%

Recent updates

Shareholder Returns

	NNLR.F	US REITs	US Market
7D	-11.3%	2.4%	2.2%
1Y	n/a	12.5%	31.7%

Return vs Industry: Insufficient data to determine how NNLR.F performed against the US REITs industry.

Return vs Market: Insufficient data to determine how NNLR.F performed against the US Market.

Price Volatility

Is NNLR.F's price volatile compared to industry and market?
NNLR.F volatility
NNLR.F Average Weekly Movement	n/a
REITs Industry Average Movement	3.1%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: NNLR.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine NNLR.F'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 Fundamentals Summary

How do Nova Net Lease REIT's earnings and revenue compare to its market cap?
NNLR.F fundamental statistics
Market cap	US$4.64m
Earnings (TTM)	-US$905.32k
Revenue (TTM)	US$1.55m

1.4x

P/S Ratio

-2.5x

P/E Ratio

Is NNLR.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NNLR.F income statement (TTM)
Revenue	US$1.55m
Cost of Revenue	US$0
Gross Profit	US$1.55m
Other Expenses	US$2.46m
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	-58.24%
Debt/Equity Ratio	16.1%

How did NNLR.F perform over the long term?

See historical performance and comparison

Nova Net Lease REIT OTCPK:NNLR.F Stock Report