New England Realty Associates L NEN

Competitive advantage analysis · real-estate

Corporate Default
Overall moat score
79/100
Strong

About New England Realty Associates L

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling of real estate properties in the United States. The company owns and operates various residential buildings and properties; mixed use residential, retail, and office properties; commercial properties; and condominium units located in Massachusetts and New Hampshire. New England Realty Associates Limited Partnership was incorporated … Full NEN analysis →

Competitive advantage assessment

Key strengths

  • Margins Consistently Above Peers Gross margin at 66.3% (top 18%) and operating margin at 24.4% (top 8%) indicate strong pricing power.
  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.77), demonstrating pricing resilience across cycles.

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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Pricing Power

Strong
83

Where NEN ranks in Real Estate Services

New England Realty Associates L ranks #1 of 51 scored companies in Real Estate Services by moat score — the top 2%. That makes it the widest moat in the group.

Moat scores for companies ranked near NEN in Real Estate Services
# Company Moat score Rating
1 New England Realty Associates L NEN 79/100 Strong
2 FirstService Corporation FSV 77/100 Strong
3 FRP Holdings, Inc. FRPH 74/100 Moderate
4 IRSA Inversiones Y Representaci IRS 74/100 Moderate
5 Jones Lang LaSalle Incorporated JLL 74/100 Moderate
6 RE/MAX Holdings, Inc. RMAX 70/100 Moderate
7 The RMR Group Inc. RMR 69/100 Moderate
8 CBRE Group Inc CBRE 69/100 Moderate
9 Colliers International Group In CIGI 67/100 Moderate

See every General Corporate company ranked by moat score →

How NEN scores on the Corporate Default defenses

Pricing Power

Score 83 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 95 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 97 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 59 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 58 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 78 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding NEN's moat

What is New England Realty Associates L's moat score?

New England Realty Associates L (NEN) scores 79 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as strong. It ranks #1 of 51 scored companies in Real Estate Services, the top 2%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 51 companies in Real Estate Services. Its strongest defense is Customer Stickiness (97/100) and its weakest is Resilience (58/100).

How does New England Realty Associates L compare with other Real Estate Services companies?

New England Realty Associates L ranks #1 of 51 scored companies in Real Estate Services by moat score. That is the widest moat in Real Estate Services. The companies ranked closest are FirstService Corporation (FSV) at 77 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 51 companies in Real Estate Services. The defenses are then weighted to produce the overall score out of 100.

Why is New England Realty Associates L scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for New England Realty Associates L?

The Corporate Default template measures 6 defenses, and NEN scores: Pricing Power (83), Cost Advantage (95), Customer Stickiness (97), Capital Efficiency (59), Resilience (58), Scale & Market Position (78). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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