Nova Net Lease REIT

Nova Net Lease REITverified

NNLRF

Price:

$0.42

Market Cap:

$3.33M

This Real Estate Investment Trust (REIT) focuses on purchasing specialized industrial and retail properties across the United States, which are then leased to highly experienced, top-tier, and creditworthy state-licensed operators for their regulated cannabis facilities (referred to as 'Licensed Facilities'). Its acquisition strategy primarily involves sale-leaseback transactions, through which it provides triple net leases for an intended duration of 10 to 15 years, actively seeking annual rental rate increases. The REIT's investment portfolio will exclusively comprise Licensed Facilities within the U.S., targeting a specific allocation of 80% to cultivation, growing, and processing sites, ...[Read more]

Industry

REIT - Specialty

IPO Date

2022-09-15

Stock Exchange

OTC

Ticker

NNLRF

The Enterprise Value as of June 2026 (TTM) for Nova Net Lease REIT (NNLRF) is 4.97M

According to Nova Net Lease REIT’s latest financial reports and current stock price. The company's current Enterprise Value is 4.97M. This represents a change of 84.45% compared to the average of 2.69M of the last 4 quarters.

Nova Net Lease REIT (NNLRF) Historical Enterprise Value (quarterly & annually)

How has NNLRF Enterprise Value performed in the past?

The mean historical Enterprise Value of Nova Net Lease REIT over the last ten years is 1.25M. The current 4.97M Enterprise Value has changed 39.68% with respect to the historical average. Over the past ten years (40 quarters), NNLRF's Enterprise Value was at its highest in in the March 2024 quarter at 4.14M. The Enterprise Value was at its lowest in in the September 2023 quarter at 428.57K.

Quarterly (TTM)
Annual

Average

1.25M

Median

1.92M

Minimum

-354863.00

Maximum

2.18M

Nova Net Lease REIT (NNLRF) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Nova Net Lease REIT Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Enterprise Value = 2.18M

Minimum Annual Increase = -714.87%

Minimum Annual Enterprise Value = -354863.00

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20231.92M-12.00%
20222.18M-714.87%

Nova Net Lease REIT (NNLRF) Average Enterprise Value

How has NNLRF Enterprise Value performed in the past?

The current Enterprise Value of Nova Net Lease REIT (NNLRF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.25M

5-year avg

1.25M

10-year avg

1.25M

Nova Net Lease REIT (NNLRF) Enterprise Value vs. Peers

How is NNLRF’s Enterprise Value compared to its peers?

Nova Net Lease REIT’s Enterprise Value is greater than Office Properties Income Trust (-26293205.00), greater than Pennsylvania Real Estate Investment Trust (-22937000.00), greater than Kingwell Group Limited (-1379629.34), greater than Aspen Digital Inc (1.68M), greater than Pennsylvania Real Estate Investment Trust (-22937000.00), greater than Pennsylvania Real Estate Investment Trust (-22937000.00), less than Urbi, Desarrollos Urbanos, S.A.B. de C.V. (679.87M), greater than Holiday Island Holdings, Inc. (1.00M), less than Pacific Oak Strategic Opportunity REIT, Inc. (392.01M), less than Strategic Realty Trust, Inc. (17.29M),

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Frequently asked questions❓

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How does the current Enterprise Value for Nova Net Lease REIT (NNLRF) compare to its historical average?