NNLRF
Price:
$0.42
Market Cap:
$3.13M
The REIT was formed to acquire specialized industrial and retail properties leased to experienced, top-tier, creditworthy state-licensed operators for their Regulated Cannabis facilities ("Licensed Facilities") in the United States. The REIT intends to acquire properties through sale-leaseback transactions and lease such properties on a triple net lease basis for a targeted 10 to 15 year term and strives to negotiate annual rental rate increases in the leases. The REIT's portfolio will consist of only Licensed Facilities in the United States with a targeted mix of 80% cultivation/grow/processing facilities and 20% retail/dispensary. The REIT is internally managed by a vertically integrated t...[Read more]
Industry
REIT - Specialty
IPO Date
2022-09-15
Stock Exchange
OTC
Ticker
NNLRF
According to Nova Net Lease REIT’s latest financial reports and current stock price. The company's current PE Ratio is -3.23. This represents a change of 188.40% compared to the average of -1.12 of the last 4 quarters.
The mean historical PE Ratio of Nova Net Lease REIT over the last ten years is 0.21. The current -3.23 PE Ratio has changed -154994.62% with respect to the historical average. Over the past ten years (40 quarters), NNLRF's PE Ratio was at its highest in in the June 2022 quarter at 2.95. The PE Ratio was at its lowest in in the March 2023 quarter at -18.14.
Average
0.21
Median
0.17
Minimum
0
Maximum
0.45
Discovering the peaks and valleys of Nova Net Lease REIT PE Ratio, 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 = Infinity%
Maximum Annual PE Ratio = 0.45
Minimum Annual Increase = -62.27%
Minimum Annual PE Ratio = 0
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 0.17 | -62.27% |
| 2022 | 0.45 | Infinity% |
The current PE Ratio of Nova Net Lease REIT (NNLRF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.21
5-year avg
0.21
10-year avg
0.21
Nova Net Lease REIT’s PE Ratio is less than Office Properties Income Trust (-0.00), less than Pennsylvania Real Estate Investment Trust (-0.02), greater than Kingwell Group Limited (-4.44), less than Aspen Digital Inc (-1.11), less than Pennsylvania Real Estate Investment Trust (0), less than Pennsylvania Real Estate Investment Trust (0), less than Urbi, Desarrollos Urbanos, S.A.B. de C.V. (3.92), less than Holiday Island Holdings, Inc. (-1.21), less than Pacific Oak Strategic Opportunity REIT, Inc. (-0.03), less than Strategic Realty Trust, Inc. (-0.07),
| Company | PE Ratio | Market cap |
|---|---|---|
| -0.00 | $1.10M | |
| -0.02 | $2.66M | |
| -4.44 | $2.89M | |
| -1.11 | $2.60M | |
| 0 | $2.29M | |
| 0 | $2.24M | |
| 3.92 | $4.42M | |
| -1.21 | $4.46M | |
| -0.03 | $5.44M | |
| -0.07 | $860.24K |
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