Broadstone Net Lease Inc
NYSE:BNL

Watchlist Manager
Broadstone Net Lease Inc Logo
Broadstone Net Lease Inc
NYSE:BNL
Watchlist
Price: 19.96 USD -0.3% Market Closed
Market Cap: $3.8B

P/B

1.3
Current
31%
More Expensive
vs 3-y average of 1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
$3.7B
/
Total Equity
$2.9B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
$3.7B
/
Total Equity
$2.9B

Valuation Scenarios

Broadstone Net Lease Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (1), the stock would be worth $15.18 (24% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-24%
Maximum Upside
+92%
Average Upside
14%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.3 $19.96
0%
3-Year Average 1 $15.18
-24%
5-Year Average 1 $15.75
-21%
Industry Average 1.4 $22.06
+11%
Country Average 2.5 $38.32
+92%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 75% of companies in the United States of America
Percentile
25th
Based on 10 946 companies
25th percentile
1.3
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

Broadstone Net Lease Inc
Glance View

Market Cap
3.8B USD
Industry
Real Estate

In the often-complex world of real estate investment, Broadstone Net Lease Inc. stands out by adhering to a straightforward and resilient business model. The company, headquartered in Rochester, New York, specializes in the acquisition of single-tenant, triple-net-leased properties across various sectors. This means Broadstone Net Lease takes ownership of properties leased to tenants who are responsible for the operating expenses, including property taxes, insurance, and maintenance. This arrangement not only ensures a steady stream of rental income but also reduces the landlord's exposure to the unpredictable costs associated with property management. By focusing on a diversified portfolio that includes retail, healthcare, industrial, office, and restaurant venues, the company strategically minimizes risks tied to any single industry, enhancing the stability of its revenue flow. Broadstone Net Lease's success lies in its meticulous approach to acquisitions and tenant partnerships. The company seeks out properties with high-quality tenants, often with long-term leases and solid credit standings, effectively building a portfolio that's as robust as it is diversified. This strategy ensures that Broadstone benefits from predictable, long-term cash flows which are largely shielded from economic volatility. As a publicly-traded Real Estate Investment Trust (REIT), it also offers investors a tax-advantaged income stream. By distributing at least 90% of its taxable income to shareholders in the form of dividends, Broadstone Net Lease not only adheres to REIT regulations but also delivers tangible returns on investment, bolstering its reputation as a stable and reliable entity in the real estate sector.

BNL Intrinsic Value
17.78 USD
Overvaluation 11%
Intrinsic Value
Price $19.96
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett