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Company Analysis

Net Lease Office Properties NLOP

A comprehensive view of key metrics, scores, and financial health for Net Lease Office Properties

Overview of Net Lease Office Properties

NLOP NYQ
Real Estate REIT - Office Framework: Real Estate Investment Trusts Micro Cap
Net Lease Office Properties (NLOP), is a Micro Cap company, in the REIT - Office industry, last closed at $8.89, about 0.0% overvalued vs fair value, -69.7% 1Y return, ranked 309/338 in sector.
Metrics Rev Growth -16.4% ROE -33.2% Gross Margin 70.1% Div Yield 27.92%
USD 8.89
-0.78%
(Delayed)
• Vol 90d: 21.6%
Market Cap
$131.70M
Enterprise Value
$133.83M
Overall Score
View breakdown
Overall
Growth
Weak
Profitability
Weak
Health
Weak
Efficiency
Fair
Valuation
Weak
Growth
Weak
Profitability
Weak
Health
Weak
Efficiency
Fair
Valuation
Weak
Completeness: 94%
Confidence: 92%
Updated: Oct 31
Top Beats
No strong beats yet

Quick Facts

Website https://www.nloproperties.com
HQ New York, NY
Fiscal year Dec 31

Next Events

Earnings Nov 6 Estimated

Fair Value Snapshot

Bear Base Bull
$0
$0
$0
Current: $8.89

Engine Room Money Flow™

Micro Cap

Real Estate Investment Trust - Where revenue goes and how value is created

Flow Steps
Total Revenue
$118.9M
-16.4%%
Net Operating Income
$35.3M
2.7%%
Net Income
-$145.3M
-58.8%%
FFO (Funds From Operations)
-$135.5M
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Real Estate Investment Trust

Quality & Reliability Indicators

NOI Margin
29.7%
Poor

Operating Income / Revenue - property efficiency

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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
1
Active Leaks
0/1
Improving
0
High Impact
1
Critical
Moat Analysis REIT Specialized

Competitive Advantage Assessment

Evaluating Net Lease Office Properties's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
57
/100
Moderate
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Strong NOI Margins NOI margins are strong (score 0.93), demonstrating rent pricing power.
  • Strong AFFO Generation AFFO generation is strong (score 0.79), supporting dividend sustainability.

Key risks

  • Dilutive or Undisciplined Growth Growth discipline is questionable (score 0.18), raising dilution concerns.
  • Volatile Occupancy/NOI NOI volatility is high (stability 0.46), raising occupancy concerns.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Rent Pricing Power

Moderate
74
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Signals, strengths and risks for Rent Pricing Power

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Signals, strengths and risks for AFFO Strength

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Signals, strengths and risks for Balance Sheet & Cost of Capital

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Signals, strengths and risks for Capital Recycling & Growth

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Signals, strengths and risks for Operational Efficiency

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Signals, strengths and risks for Portfolio Quality & Diversification

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Equity REITs vs Industry Peers 96% Coverage
Trade-Off Triangle Visualization A ternary plot showing NLOP's balance between Growth (14.6%), Profitability (32.3%), and Safety (53.1%). Growth 15% Safety 53% Profitability 32%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

16th percentile vs peers
16
Key Signals
Buyback % 0.0% 73p TSR 5.7% 71p EPS Growth YoY -58.5% 15p Revenue CAGR 3Y -8.7% 6p Rev Growth YoY -16.4% 3p
Strengths
  • Net Debt/EBITDA in top 20% of peers (2.71, 95th percentile)
  • Price/FFO in top 20% of peers (-2.82, 95th percentile)
  • P/AFFO in top 20% of peers (-2.45, 95th percentile)
  • Debt/Assets in top 20% of peers (4.8%, 100th percentile)
  • AFFO Payout Ratio in top 20% of peers (-68.5%, 98th percentile)
Risks
  • Growth in bottom 20% of peers (percentile: 16)
  • Rev Growth YoY in bottom 20% of peers (-16.4%)
  • FFO Growth YoY in bottom 20% of peers (-4.92)

Profitability

36th percentile vs peers
36
Key Signals
Strengths
Risks
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Safety

59th percentile vs peers
60
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Net Lease Office Properties.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Snapshot base estimate
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Fair Value Range Current: $-
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