NTST - NETSTREIT Corp.
NYSE
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Real Estate
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REIT—Retail
Dallas,
United States
Type: Equity
NTST price evolution
NTST
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $29.93 | $7.93 | $13.14 | $6.6 |
| Short term investments | ||||
| Net receivables | $133.69 | $126.24 | $124.71 | $107.8 |
| Inventory | ||||
| Total current assets | $163.62 | $134.18 | $137.85 | $114.4 |
| Long term investments | ||||
| Property, plant & equipment | $1538.69 | $1473.75 | $1374.37 | $1318.27 |
| Goodwill & intangible assets | $161.35 | $163.82 | $158.07 | $154.21 |
| Total noncurrent assets | ||||
| Total investments | $114.47 | $109.09 | $107.76 | $92.27 |
| Total assets | $1946.24 | $1862.84 | $1747.76 | $1627.38 |
| Current liabilities | ||||
| Accounts payable | $36.5 | $33.73 | $29.06 | $25.06 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $24.12 | $27.61 | $23 | $14.6 |
| Long term debt | $609.79 | $571.5 | $486.58 | $477.32 |
| Total noncurrent liabilities | ||||
| Total debt | $609.79 | $571.5 | $486.58 | $477.32 |
| Total liabilities | $672.8 | $632.95 | $543.16 | $531.76 |
| Shareholders' equity | ||||
| Retained earnings | -$112.28 | -$100.01 | -$90.33 | -$77.24 |
| Other shareholder equity | $8.94 | $30.49 | $24.08 | $17.74 |
| Total shareholder equity | $1264.9 | $1220.98 | $1195.3 | $1086.28 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $29.93 | $70.54 | $7.6 | $92.64 |
| Short term investments | ||||
| Net receivables | $133.69 | $59.43 | $5.06 | $2.9 |
| Inventory | ||||
| Total current assets | $163.62 | $129.97 | $12.67 | $95.5 |
| Long term investments | ||||
| Property, plant & equipment | $1538.69 | $1268.7 | $913.62 | $537.62 |
| Goodwill & intangible assets | $161.35 | $151.01 | $124.77 | $75.02 |
| Total noncurrent assets | ||||
| Total investments | $114.47 | $46.38 | ||
| Total assets | $1946.24 | $1605.69 | $1068.44 | $725.82 |
| Current liabilities | ||||
| Accounts payable | $36.5 | $1.39 | $16.98 | $6.31 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $24.12 | $13.91 | $13.86 | $4.5 |
| Long term debt | $609.79 | $494.19 | $238.33 | $174.1 |
| Total noncurrent liabilities | ||||
| Total debt | $609.79 | $494.19 | $238.33 | $174.1 |
| Total liabilities | $672.8 | $556.86 | $278.63 | $197.74 |
| Shareholders' equity | ||||
| Retained earnings | -$112.28 | -$66.94 | -$35.12 | -$7.46 |
| Other shareholder equity | $8.94 | $23.67 | $4.12 | $0.23 |
| Total shareholder equity | $1264.9 | $1048.83 | $779.17 | $494.1 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $36.86 | $33.96 | $31.63 | $29.45 |
| Cost of revenue | $5.06 | $3.88 | $3.53 | $3.94 |
| Gross Profit | $31.8 | $30.08 | $28.1 | $25.52 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $4.88 | $5.13 | $5.26 | $4.91 |
| Total operating expenses | $24.85 | $22.62 | $23.96 | $19.97 |
| Operating income | $6.95 | $7.46 | $4.14 | $5.55 |
| Income from continuing operations | ||||
| EBIT | $7.6 | $8.18 | $4.7 | $5.37 |
| Income tax expense | $0.01 | $0.01 | -$0.03 | -$0.04 |
| Interest expense | $5.65 | $3.95 | $5.52 | $3.94 |
| Net income | ||||
| Net income | $1.94 | $4.21 | -$0.79 | $1.47 |
| Income (for common shares) | $1.94 | $4.21 | -$0.79 | $1.47 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $131.91 | $96.28 | $59.14 | $33.73 |
| Cost of revenue | $16.41 | $11.7 | $5.8 | $2.57 |
| Gross Profit | $115.49 | $84.58 | $53.34 | $31.16 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $20.18 | $19.05 | $14.81 | $11.34 |
| Total operating expenses | $91.39 | $71.08 | $49.86 | $32.66 |
| Operating income | $24.1 | $13.5 | $3.48 | -$1.5 |
| Income from continuing operations | ||||
| EBIT | $25.85 | $17.69 | $6.8 | $5.47 |
| Income tax expense | -$0.05 | $0.4 | $0.06 | |
| Interest expense | $19.06 | $9.18 | $3.7 | $4.74 |
| Net income | ||||
| Net income | $6.84 | $8.12 | $3.05 | $0.73 |
| Income (for common shares) | $6.84 | $8.12 | $3.05 | $0.69 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $1.94 | $4.21 | -$0.79 | $1.47 |
| Operating activities | ||||
| Depreciation | $17.08 | $15.8 | $15.85 | $14.95 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $1.26 | $1.28 | $1.25 | $1.03 |
| Total cash flows from operations | $28.64 | $17.12 | $19.59 | $14.81 |
| Investing activities | ||||
| Capital expenditures | -$116.82 | -$119.08 | -$113.19 | -$70.2 |
| Investments | $3.75 | $59.96 | -$60.72 | -$1.77 |
| Total cash flows from investing | -$106.22 | -$119.21 | -$124.11 | -$102.41 |
| Financing activities | ||||
| Dividends paid | -$14.08 | -$13.77 | -$12.17 | -$11.65 |
| Sale and purchase of stock | $76.53 | $27.42 | $114.54 | $52.9 |
| Net borrowings | $34.69 | $85.96 | $9.96 | -$17.03 |
| Total cash flows from financing | $99.57 | $96.88 | $111.07 | $23.66 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $22 | -$5.21 | $6.54 | -$63.95 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $6.84 | $8.12 | $3.05 | $0.73 |
| Operating activities | ||||
| Depreciation | $63.68 | $50.08 | $30.81 | $15.46 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $4.82 | $4.76 | $3.7 | $2.45 |
| Total cash flows from operations | $80.16 | $50.65 | $31.48 | $12.75 |
| Investing activities | ||||
| Capital expenditures | -$419.28 | -$448.4 | -$461.96 | -$410.67 |
| Investments | $1.22 | $0.87 | -$0.22 | $0.47 |
| Total cash flows from investing | -$451.95 | -$468.36 | -$430.13 | -$362.13 |
| Financing activities | ||||
| Dividends paid | -$51.67 | -$39.53 | -$30.2 | -$8.06 |
| Sale and purchase of stock | $271.39 | $277.72 | $283.14 | $281.86 |
| Net borrowings | $113.59 | $248.95 | $64 | |
| Total cash flows from financing | $331.18 | $480.65 | $313.61 | $272.71 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$40.61 | $62.94 | -$85.04 | -$76.68 |
News
Fundamentals
| Market cap | $1.27B |
|---|---|
| Enterprise value | $1.85B |
| Shares outstanding | 73.21M |
| Revenue | $131.91M |
|---|---|
| EBITDA | $89.52M |
| EBIT | $25.84M |
| Net Income | $6.84M |
| Revenue Q/Q | 35.03% |
| Revenue Y/Y | 37.01% |
| P/E ratio | 185.88 |
|---|---|
| EV/Sales | 14.03 |
| EV/EBITDA | 20.67 |
| EV/EBIT | 71.61 |
| P/S ratio | 9.63 |
| P/B ratio | 1.01 |
| Book/Share | 17.16 |
| Cash/Share | 0.41 |
| EPS | $0.09 |
|---|---|
| ROA | 0.38% |
| ROE | 0.57% |
| Debt/Equity | 0.53 |
|---|---|
| Net debt/EBITDA | 7.18 |
| Current ratio | 6.78 |
| Quick ratio | 6.78 |