Nova Net Lease REIT

Nova Net Lease REITverified

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

The ROE as of November 2025 (TTM) for Nova Net Lease REIT (NNLRF) is 21.10%

According to Nova Net Lease REIT’s latest financial reports and current stock price. The company's current ROE is 21.10%. This represents a change of -1431.91% compared to the average of -1.58% of the last 4 quarters.

Nova Net Lease REIT (NNLRF) Historical ROE (quarterly & annually)

How has NNLRF ROE performed in the past?

The mean historical ROE of Nova Net Lease REIT over the last ten years is -67.12%. The current 21.10% ROE has changed -131.44% with respect to the historical average. Over the past ten years (40 quarters), NNLRF's ROE was at its highest in in the December 2022 quarter at 62.52%. The ROE was at its lowest in in the December 2021 quarter at -247.12%.

Quarterly (TTM)
Annual

Average

-67.12%

Median

7.60%

Minimum

-277.53%

Maximum

68.58%

Nova Net Lease REIT (NNLRF) ROE by Quarter and Year

Discovering the peaks and valleys of Nova Net Lease REIT ROE, 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 ROE = 68.58%

Minimum Annual Increase = -124.71%

Minimum Annual ROE = -277.53%

Quarterly (TTM)
Annual
YearROEChange
20237.60%-88.92%
202268.58%-124.71%

Nova Net Lease REIT (NNLRF) Average ROE

How has NNLRF ROE performed in the past?

The current ROE 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

-67.12%

5-year avg

-67.12%

10-year avg

-67.12%

Nova Net Lease REIT (NNLRF) ROE vs. Peers

How is NNLRF’s ROE compared to its peers?

Nova Net Lease REIT’s ROE is greater than Office Properties Income Trust (-25.56%), less than Pennsylvania Real Estate Investment Trust (352.48%), greater than Kingwell Group Limited (-10.48%), greater than Aspen Digital Inc (0%), less than Pennsylvania Real Estate Investment Trust (602.34%), less than Pennsylvania Real Estate Investment Trust (602.34%), less than Urbi, Desarrollos Urbanos, S.A.B. de C.V. (40.14%), less than Holiday Island Holdings, Inc. (307.06%), greater than Pacific Oak Strategic Opportunity REIT, Inc. (-294.53%), greater than Strategic Realty Trust, Inc. (-104.65%),

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