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 PE Ratio as of June 2026 (TTM) for Nova Net Lease REIT (NNLRF) is -3.23

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.

Nova Net Lease REIT (NNLRF) Historical PE Ratio (quarterly & annually)

How has NNLRF PE Ratio performed in the past?

The mean historical PE Ratio of Nova Net Lease REIT over the last ten years is -0.88. The current -3.23 PE Ratio has changed 36.48% 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.

Quarterly (TTM)
Annual

Average

-0.88

Median

0.17

Minimum

-3.28

Maximum

0.45

Nova Net Lease REIT (NNLRF) PE Ratio by Quarter and Year

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 = 0%

Maximum Annual PE Ratio = 0.45

Minimum Annual Increase = -113.87%

Minimum Annual PE Ratio = -3.28

Quarterly (TTM)
Annual
YearPE RatioChange
20230.17-62.27%
20220.45-113.87%

Nova Net Lease REIT (NNLRF) Average PE Ratio

How has NNLRF PE Ratio performed in the past?

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

-0.88

5-year avg

-0.88

10-year avg

-0.88

Nova Net Lease REIT (NNLRF) PE Ratio vs. Peers

How is NNLRF’s PE Ratio compared to its peers?

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 (-7.14), less than Aspen Digital Inc (-0.71), less than Pennsylvania Real Estate Investment Trust (-0.02), less than Pennsylvania Real Estate Investment Trust (-0.02), less than Urbi, Desarrollos Urbanos, S.A.B. de C.V. (20.91), less than Holiday Island Holdings, Inc. (-0.04), less than Pacific Oak Strategic Opportunity REIT, Inc. (6.48), less than Strategic Realty Trust, Inc. (-0.07),

Build a custom stock screener for Nova Net Lease REIT (NNLRF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nova Net Lease REIT using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Nova Net Lease REIT (NNLRF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Nova Net Lease REIT or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Nova Net Lease REIT's PE Ratio?

How is the PE Ratio calculated for Nova Net Lease REIT (NNLRF)?

What is the highest PE Ratio for Nova Net Lease REIT (NNLRF)?

What is the 3-year average PE Ratio for Nova Net Lease REIT (NNLRF)?

What is the 5-year average PE Ratio for Nova Net Lease REIT (NNLRF)?

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