NTST Stock Analysis: Netstreit | NYSE
REIT - Retail | NYSE, USA | Market Cap: 2.132m USD | 12M Return: 24.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 40.2M
Qual. Beats: 0
Rev. Trend: 99.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
NETSTREIT Corp. (NYSE: NTST) is an internally managed real estate investment trust (REIT) headquartered in Dallas, Texas, that focuses on acquiring single-tenant, net lease retail properties across the United States. The company targets high-quality assets leased to tenants with strong balance sheets that are resistant to e-commerce competition. Incorporated in Maryland in 2019 and public since its 2020 IPO, NETSTREIT aims to build a top-tier net lease retail portfolio designed to deliver consistent cash flows and shareholder dividends. It operates within the Retail REITs segment of the real estate sector, where the net lease model typically passes most property expenses-such as taxes, insurance, and maintenance-to tenants, helping to provide more predictable income for landlords.
- Rising rates widen acquisition cap rate spreads
- Tenant credit quality and e-commerce resistance sustain occupancy
- Acquisition pace accelerates portfolio growth and AFFO
| Net Income: 13.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -2.71 > 1.0 |
| NWC/Revenue: -28.04% < 20% (prev 57.57%; Δ -85.62% < -1%) |
| CFO/TA 0.02 > 3% & CFO 56.8m > Net Income 13.9m |
| Net Debt (1.40b) to EBITDA (137.5m): 10.17 < 3 |
| Current Ratio: 0.74 > 1.5 & < 3 |
| Outstanding Shares: last quarter (102.8m) vs 12m ago 24.60% < -2% |
| Gross Margin: 90.36% > 18% (prev 89.47%; Δ 0.90% > 0.5%) |
| Asset Turnover: 8.09% > 50% (prev 7.78%; Δ 0.31% > 0%) |
| Interest Coverage Ratio: 0.69 > 6 (EBIT TTM 41.7m / Interest Expense TTM 60.4m) |
| A: -0.02 (Total Current Assets 171.5m - Total Current Liabilities 232.1m) / Total Assets 3.04b |
| B: -0.09 (Retained Earnings -283.0m / Total Assets 3.04b) |
| C: 0.02 (EBIT TTM 41.7m / Avg Total Assets 2.67b) |
| D: 1.08 (Book Value of Equity 1.57b / Total Liabilities 1.46b) |
| Altman-Z'' = 0.80 = B |
| DSRI: 0.70 (Receivables 151.4m/179.3m, Revenue 216.2m/179.7m) |
| GMI: 0.99 (GM 89.47% / 90.36%) |
| AQI: 1.06 (AQ_t 0.94 / AQ_t-1 0.88) |
| SGI: 1.20 (Revenue 216.2m / 179.7m) |
| TATA: -0.01 (NI 13.9m - CFO 56.8m) / TA 3.04b) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of July 29, 2026, the stock is trading at USD 21.86 with a total of 1,504,597 shares traded. Over the past week, the price has changed by +0.37%, over one month by +2.20%, over three months by +7.80% and over the past year by +24.30%.
Current recommended Stop Loss: 20.70 (which is 5.3% or 2.3 ATR below the current price).
Netstreit has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy NTST.
- StrongBuy: 12
- Buy: 1
- Hold: 4
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 22.8 | 4.4% |
P/E Trailing = 181.9167
P/E Forward = 53.7634
P/S = 9.7291
P/B = 1.3952
Revenue TTM = 216.2m USD
EBIT TTM = 41.7m USD
EBITDA TTM = 137.5m USD
Long Term Debt = 1.20b USD (from longTermDebt, last quarter)
Short Term Debt = 198.5m USD (from shortLongTermDebt, last quarter)
Debt = 1.42b USD (corrected: LT Debt 1.20b + ST Debt 198.5m) + Leases 19.6m
Net Debt = 1.40b USD (calculated: Debt 1.42b - CCE 20.0m)
Enterprise Value = 3.53b USD (2.13b + Debt 1.42b - CCE 20.0m)
Interest Coverage Ratio = 0.69 (Ebit TTM 41.7m / Interest Expense TTM 60.4m)
EV/FCF = 62.21x (Enterprise Value 3.53b / FCF TTM 56.8m)
FCF Yield = 1.61% (FCF TTM 56.8m / Enterprise Value 3.53b)
FCF Margin = 26.25% (FCF TTM 56.8m / Revenue TTM 216.2m)
Net Margin = 6.43% (Net Income TTM 13.9m / Revenue TTM 216.2m)
Gross Margin = 90.36% ((Revenue TTM 216.2m - Cost of Revenue TTM 20.8m) / Revenue TTM)
Gross Margin QoQ = 90.92% (prev 90.26%)
Tobins Q-Ratio = 1.16 (Enterprise Value 3.53b / Total Assets 3.04b)
Interest Expense / Debt = 4.26% (Interest Expense 60.4m / Debt 1.42b)
Taxrate = 0.83% (117k / 14.1m)
NOPAT = 41.4m (EBIT 41.7m * (1 - 0.83%))
Current Ratio = 0.74 (Total Current Assets 171.5m / Total Current Liabilities 232.1m)
Debt / Equity = 0.90 (Debt 1.42b / totalStockholderEquity, last quarter 1.57b)
Debt / EBITDA = 10.17 (Net Debt 1.40b / EBITDA 137.5m)
Debt / FCF = 24.65 (Net Debt 1.40b / FCF TTM 56.8m)
Total Stockholder Equity = 1.46b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.52% (Net Income 13.9m / Total Assets 3.04b)
RoE = 0.96% (Net Income TTM 13.9m / Total Stockholder Equity 1.46b)
RoCE = 1.57% (EBIT 41.7m / Capital Employed (Equity 1.46b + L.T.Debt 1.20b))
RoIC = 1.48% (NOPAT 41.4m / Invested Capital 2.80b)
WACC = 5.46% (E(2.13b)/V(3.55b) * Re(6.28%) + D(1.42b)/V(3.55b) * Rd(4.26%) * (1-Tc(0.01)))
Discount Rate = 6.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 93.16 | Cagr: 15.33%
[DCF] Terminal Value 73.10% ; FCFF base≈76.4m ; Y1≈67.0m ; Y5≈54.1m
[DCF] Fair Price = N/A (negative equity: EV 868.8m - Net Debt 1.40b = -530.0m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.41 | # QB: 0
Revenue Correlation: 99.68 | Revenue CAGR: 21.89% | SUE: 0.31 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.09 | Chg30d=+28.57% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.33 | Chg30d=+22.22% | Revisions=+25% | GrowthEPS=+0.0% | GrowthRev=+27.5%
EPS next Year (2027-12-31): EPS=0.41 | Chg30d=+32.26% | Revisions=+25% | GrowthEPS=+24.2% | GrowthRev=+18.8%