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 ROE is 21.10%. This represents a change of -1431.91% compared to the average of -1.58% of the last 4 quarters.
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%.
Average
-67.12%
Median
7.60%
Minimum
-277.53%
Maximum
68.58%
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%
| Year | ROE | Change |
|---|---|---|
| 2023 | 7.60% | -88.92% |
| 2022 | 68.58% | -124.71% |
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’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%),
| Company | ROE | Market cap |
|---|---|---|
| -25.56% | $1.10M | |
| 352.48% | $2.66M | |
| -10.48% | $2.89M | |
| 0% | $2.60M | |
| 602.34% | $2.29M | |
| 602.34% | $2.24M | |
| 40.14% | $4.42M | |
| 307.06% | $4.46M | |
| -294.53% | $5.44M | |
| -104.65% | $860.24K |
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:
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.
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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Nova Net Lease REIT's ROE?
How is the ROE calculated for Nova Net Lease REIT (NNLRF)?
What is the highest ROE for Nova Net Lease REIT (NNLRF)?
What is the 3-year average ROE for Nova Net Lease REIT (NNLRF)?
What is the 5-year average ROE for Nova Net Lease REIT (NNLRF)?
How does the current ROE for Nova Net Lease REIT (NNLRF) compare to its historical average?