National Retail Properties Stock Book Value Per Share
| NNN Stock | USD 40.49 0.14 0.35% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess National Retail's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 21.37 | 14.82 | |
| Tangible Book Value Per Share | 21.16 | 14.71 |
National | Book Value Per Share | Build AI portfolio with National Stock |
National Retail Properties Company Book Value Per Share Analysis
National Retail's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current National Retail Book Value Per Share | 23.28 X |
Most of National Retail's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, National Retail Properties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
National Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for National Retail is extremely important. It helps to project a fair market value of National Stock properly, considering its historical fundamentals such as Book Value Per Share. Since National Retail's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of National Retail's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of National Retail's interrelated accounts and indicators.
Click cells to compare fundamentals
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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National Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of National Retail Properties is about 23.279 times. This is 21.94% higher than that of the Retail REITs sector and significantly higher than that of the Real Estate industry. The book value per share for all United States stocks is 98.79% higher than that of the company.
National Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses National Retail's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of National Retail could also be used in its relative valuation, which is a method of valuing National Retail by comparing valuation metrics of similar companies.National Retail is currently under evaluation in book value per share category among its peers.
National Retail Current Valuation Drivers
We derive many important indicators used in calculating different scores of National Retail from analyzing National Retail's financial statements. These drivers represent accounts that assess National Retail's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of National Retail's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 8.8B | 7.0B | 8.4B | 8.0B | 7.2B | 7.6B | |
| Enterprise Value | 11.8B | 10.0B | 12.0B | 11.9B | 10.7B | 11.3B |
National Fundamentals
| Return On Equity | 0.0891 | ||||
| Return On Asset | 0.038 | ||||
| Profit Margin | 0.43 % | ||||
| Operating Margin | 0.62 % | ||||
| Current Valuation | 12.38 B | ||||
| Shares Outstanding | 189.92 M | ||||
| Shares Owned By Insiders | 0.92 % | ||||
| Shares Owned By Institutions | 93.38 % | ||||
| Number Of Shares Shorted | 4.97 M | ||||
| Price To Earning | 26.31 X | ||||
| Price To Book | 1.73 X | ||||
| Price To Sales | 8.46 X | ||||
| Revenue | 869.27 M | ||||
| Gross Profit | 867.81 M | ||||
| EBITDA | 830.53 M | ||||
| Net Income | 396.83 M | ||||
| Cash And Equivalents | 8.73 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 4.37 B | ||||
| Debt To Equity | 0.95 % | ||||
| Current Ratio | 0.66 X | ||||
| Book Value Per Share | 23.28 X | ||||
| Cash Flow From Operations | 635.5 M | ||||
| Short Ratio | 3.64 X | ||||
| Earnings Per Share | 2.08 X | ||||
| Price To Earnings To Growth | 4.92 X | ||||
| Target Price | 44.24 | ||||
| Number Of Employees | 83 | ||||
| Beta | 0.85 | ||||
| Market Capitalization | 7.66 B | ||||
| Total Asset | 8.87 B | ||||
| Retained Earnings | (829.29 M) | ||||
| Working Capital | 25.58 M | ||||
| Current Asset | 43.13 M | ||||
| Current Liabilities | 20.11 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 4.63 % | ||||
| Net Asset | 8.87 B | ||||
| Last Dividend Paid | 2.34 |
About National Retail Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze National Retail Properties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Retail using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Retail Properties based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with National Retail
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if National Retail position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in National Retail will appreciate offsetting losses from the drop in the long position's value.Moving together with National Stock
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Moving against National Stock
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The ability to find closely correlated positions to National Retail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Retail when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back National Retail - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling National Retail Properties to buy it.
The correlation of National Retail is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as National Retail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Retail Prop moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for National Retail can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out National Retail Piotroski F Score and National Retail Altman Z Score analysis. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Retail. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Retail listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 2.34 | Earnings Share 2.08 | Revenue Per Share | Quarterly Revenue Growth 0.053 |
The market value of National Retail Prop is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Retail's value that differs from its market value or its book value, called intrinsic value, which is National Retail's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Retail's market value can be influenced by many factors that don't directly affect National Retail's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Retail's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Retail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Retail's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.