Nova Net Lease REIT (Nova Net Lease REIT) FCF Yield % : -45.96 (As of Jun. 24, 2024)

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What is Nova Net Lease REIT FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Nova Net Lease REIT's Trailing 12-Month Free Cash Flow is $-0.31 Mil, and Market Cap is $0.67 Mil. Therefore, Nova Net Lease REIT's FCF Yield % for today is -45.96%.

The historical rank and industry rank for Nova Net Lease REIT's FCF Yield % or its related term are showing as below:

NNLRF' s FCF Yield % Range Over the Past 10 Years
Min: -532.29 Med: -137.9 Max: -10.78
Current: -45.96

During the past 3 years, the highest FCF Yield % of Nova Net Lease REIT was -10.78%. The lowest was -532.29%. And the median was -137.90%.

NNLRF's FCF Yield % is ranked worse than
98.15% of 863 companies
in the REITs industry
Industry Median: 6.84 vs NNLRF: -45.96

Nova Net Lease REIT's FCF Margin % for the quarter that ended in Mar. 2024 was -69.47%.

Nova Net Lease REIT FCF Yield % Historical Data

The historical data trend for Nova Net Lease REIT's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nova Net Lease REIT FCF Yield % Chart

Nova Net Lease REIT Annual Data

Trend

Dec21

Dec22

Dec23

FCF Yield %

-58.07

-134.80

Nova Net Lease REIT Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial						-68.24	-90.66	-28.08	501.97	-42.51

Competitive Comparison of Nova Net Lease REIT's FCF Yield %

For the REIT - Specialty subindustry, Nova Net Lease REIT's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nova Net Lease REIT's FCF Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nova Net Lease REIT's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Nova Net Lease REIT's FCF Yield % falls into.

Nova Net Lease REIT FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Nova Net Lease REIT's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-0.391	/	0.2900596
	=	-134.80%

Nova Net Lease REIT's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.273	*	4	/	2.5688215
	=	-42.51%

Nova Net Lease REIT FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Nova Net Lease REIT FCF Yield % Related Terms

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Nova Net Lease REIT (Nova Net Lease REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nova Net Lease REIT (OTCPK:NNLRF) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

NNL.U:Canada

Address

200 Bay Street, North Tower, Suite 1200, Toronto, ON, CAN, M5J 2J2

Website

https://www.novanetleasereit.com

Nova Net Lease REIT is a real estate investment trust established to acquire specialized industrial and retail properties leased to experienced, licensed operators in the legal U.S. cannabis industry. The REIT intends to acquire properties through sale-leaseback transactions and lease such properties on a triple net lease basis for a targeted 10 to a 15-year term and strives to negotiate annual rental rate increases in the leases.

Nova Net Lease REIT (Nova Net Lease REIT) Headlines

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