Netstreit Corp
NYSE:NTST

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Netstreit Corp
NYSE:NTST
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Price: 20.56 USD -0.92% Market Closed
Market Cap: $2.2B

P/B

1.3
Current
36%
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
$2B
/
Total Equity
$1.5B

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
$2B
/
Total Equity
$1.5B

Valuation Scenarios

Netstreit Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (1), the stock would be worth $15.07 (27% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-27%
Maximum Upside
+89%
Average Upside
12%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.3 $20.56
0%
3-Year Average 1 $15.07
-27%
5-Year Average 1 $15.38
-25%
Industry Average 1.4 $22.39
+9%
Country Average 2.5 $38.9
+89%

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 74% of companies in the United States of America
Percentile
26th
Based on 10 946 companies
26th 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

Netstreit Corp
Glance View

Market Cap
2.2B USD
Industry
Real Estate

Netstreit Corp., a relatively fresh face in the real estate investment trust (REIT) sector, has carved out a distinctive niche for itself by focusing on acquiring single-tenant properties under long-term net leases. These properties are predominantly occupied by tenants with deep-rooted national presences, ranging from dollar stores and fast-food franchises to essential retailers such as pharmacies. Netstreit’s business model capitalizes on the stability and predictability of cash flows emanating from these tenants, who handle most or all of the operating expenses related to the properties. This approach not only minimizes Netstreit's responsibilities for property management but also optimizes profitability by securing inflation-resistant, fixed-income streams. The company strategically emphasizes tenants that are resilient to economic downturns, ensuring a steady and reliable income. This tenant profile selection is indicative of Netstreit’s commitment to stable returns and risk mitigation. As retail landscapes continue to evolve, Netstreit aligns itself with a mix of necessity-based retail and service providers, positioning its portfolio to weather economic fluctuations effectively. The focus on fiscal prudence and careful tenant selection allows Netstreit to deliver consistent returns to its shareholders, underlining its role as a dependable player in the REIT market. Through its meticulous strategy and specialized market focus, Netstreit continues to build an enduring presence by harmonizing robust growth with economic resilience.

NTST Intrinsic Value
14.28 USD
Overvaluation 31%
Intrinsic Value
Price $20.56
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