NNN REIT (STU:CZ2) FFO per Share: €2.93 (TTM As of Mar. 2026)

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Valuation Fairly Valued

9 Warning Signs

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What is NNN REIT FFO per Share?

NNN REIT STU:CZ2 +1.59% 79 FFO per Share is €2.93 as of Mar. 2026. GuruFocus rates STU:CZ2 with a GF Score™ of 79/100 and a GF Value™ of €39.43 (Fairly Valued). The stock has 9 warning signs investors should review.

NNN REIT's FFO per Share for the three months ended in Mar. 2026 was €0.75. NNN REIT's FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €2.93.

NNN REIT FFO per Share Related Terms

NNN REIT FFO per Share Historical Data

* Premium members only.

The historical data trend for NNN REIT's FFO per Share 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.

NNN REIT FFO per Share Chart

NNN REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

FFO per Share

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2.36

2.93

2.97

3.17

2.90

NNN REIT Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
FFO per Share	Get a 7-Day Free Trial															0.78	0.73	0.72	0.74	0.75

STU:CZ2 vs ADC, BRX, MAC: FFO per Share Comparison

For the REIT - Retail subindustry, NNN REIT's Price-to-FFO, along with its competitors' market caps and Price-to-FFO 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.

NNN REIT Price-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, NNN REIT's Price-to-FFO distribution charts can be found below:

* The bar in red indicates where NNN REIT's Price-to-FFO falls into.

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79GF Score

NNN REIT Inc STU:CZ2

FFO per Share is just one metric. See GF Score™, valuation, warning signs, and more.

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NNN REIT FFO per Share Calculation

FFO per Share is the amount of funds from operations per outstanding share of the REITs stock.

NNN REIT's FFO per Share for the fiscal year that ended in Dec. 2025 is calculated as

FFO per Share (A: Dec. 2025 )	=	FFO (A: Dec. 2025	/	Shares Outstanding (Diluted Average) (A: Dec. 2025 )
	=	544.392	/	187.987
	=	2.90

NNN REIT's FFO per Share for the quarter that ended in Mar. 2026 is calculated as

FFO per Share (Q: Mar. 2026 )	=	FFO (Q: Mar. 2026 )	/	Shares Outstanding (Diluted Average) (Q: Mar. 2026 )
	=	141.064	/	189.459
	=	0.74

FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.93

Frequently Asked Questions Learn more about FFO per Share →

What does a FFO per Share of €2.93 mean?

NNN REIT (STU:CZ2) has a FFO per Share of €2.93 as of Mar. 2026. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on NNN REIT and its competitors.

Is NNN REIT's FFO per Share too high?

NNN REIT's current FFO per Share is €2.93. Overall, NNN REIT has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does NNN REIT's FFO per Share compare to ADC and BRX?

NNN REIT's FFO per Share of €2.93 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good FFO per Share for a REITs company?

A good FFO per Share depends on the REITs industry context. However, FFO per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high FFO per Share mean?

A high FFO per Share can signal that a stock is expensive relative to its fundamentals. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on NNN REIT and its competitors. NNN REIT's current FFO per Share is €2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NNN REIT stock overvalued right now?

Based on GuruFocus' analysis, NNN REIT (STU:CZ2) is currently considered Fairly Valued. The stock's GF Value™ is €39.43, compared to a current price of €41.57 — trading 5.4% above its estimated fair value. The current FFO per Share is €2.93. NNN REIT's overall GF Score™ is 79/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is FFO per Share calculated?

FFO per Share is calculated from a company's financial statements. For NNN REIT (STU:CZ2), the current FFO per Share is €2.93 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NNN REIT (STU:CZ2) Overvalued in 2026?

Based on GuruFocus' analysis, NNN REIT stock appears to be overvalued. The current stock price of €41.57 is trading 5.4% above its estimated GF Value™ of €39.43. GuruFocus considers NNN REIT to be Fairly Valued.

Key valuation signals for STU:CZ2:

FFO per Share: €2.93
GF Value™: €39.43 vs. price of €41.57 (5.4% above fair value)
GF Score™: 79/100 with 9 warning signs

No single metric tells the full story. See the STU:CZ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NNN REIT Business Description

Industry Real Estate REITs

Comparable Companies ADC BRX MAC FRT EPRT KRG PECO SKT CURB REG SPG O KIM XPAR:URW SGX:C38U ASX:SCG XPAR:LI HKSE:00823 ASX:VCX TSX:CHP.UN

Other Exchanges NNN:USA CZ2:Germany CZ2:Germany

Address 450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801

Website https://www.nnnreit.com

NNN REIT Inc is a real estate investment trust that acquires, owns, invests in, and develops high-quality properties mainly leased under long-term net leases with minimal capital expenditure requirements. The company focuses mainly on retail properties, with a portfolio including convenience stores, automotive service properties, restaurants, theatres, entertainment venues, dealerships, and other retail-related assets. Primary business objectives emphasize retail properties, and it may invest in a wide variety of property and tenant types, leases, mortgages, loans secured by personal property, loans secured by partnership or membership interests, and securities of other REITs or other issuers.

79GF Score

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FFO per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€41.57

Price

€39.43

GF Value

View STU:CZ2 Analysis

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