Newpark REIT (JSE:NRL) Preferred Stock: R0.0 Mil (As of Feb. 2026)

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JSE:NRL Newpark REIT Ltd JSE:NRL
68 GF Score
Price R4.70
GF Value R4.73
Valuation Fairly Valued
! 8 Warning Signs
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What is Newpark REIT Preferred Stock?

Newpark REIT JSE:NRL 68 Preferred Stock is R0.0 Mil as of Feb. 2026. GuruFocus rates JSE:NRL with a GF Score™ of 68/100 and a GF Value™ of R4.73 (Fairly Valued). The stock has 8 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Newpark REIT's preferred stock for the quarter that ended in Feb. 2026 was R0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Newpark REIT's Enterprise Value for the quarter that ended in Feb. 2026 was R864.7 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Newpark REIT's Book Value per Share for the quarter that ended in Feb. 2026 was R6.26.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Newpark REIT's Earnings per Share (Diluted) for the six months ended in Feb. 2026 was R0.66.


Newpark REIT  (JSE:NRL) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Newpark REIT's Enterprise Value for the quarter that ended in Feb. 2026 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Newpark REIT's Book Value per Share for the quarter that ended in Feb. 2026 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Newpark REIT's Earnings per Share (Diluted) (EPS) for the six months ended in Feb. 2026 is calculated as

* 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.


Newpark REIT Preferred Stock Related Terms


Newpark REIT Preferred Stock Historical Data

* Premium members only.

The historical data trend for Newpark REIT's Preferred Stock 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.

Newpark REIT Preferred Stock Chart

Newpark REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Preferred Stock
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Newpark REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
JSE:NRL
68GF Score
Newpark REIT Ltd JSE:NRL
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
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Newpark REIT Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of R0.0 Mil mean?
Newpark REIT (JSE:NRL) has a Preferred Stock of R0.0 Mil as of Feb. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on Newpark REIT and its competitors.
Is Newpark REIT's Preferred Stock too high?
Newpark REIT's current Preferred Stock is R0.0 Mil. Overall, Newpark REIT has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Newpark REIT's Preferred Stock compare to VICI and WPC?
Newpark REIT's Preferred Stock of R0.0 Mil 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 Preferred Stock for a REITs company?
A good Preferred Stock depends on the REITs industry context. However, Preferred Stock 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 Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Newpark REIT and its competitors. Newpark REIT's current Preferred Stock is R0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newpark REIT stock overvalued right now?
Based on GuruFocus' analysis, Newpark REIT (JSE:NRL) is currently considered Fairly Valued. The stock's GF Value™ is R4.73, compared to a current price of R4.70 — trading 0.6% below its estimated fair value. The current Preferred Stock is R0.0 Mil. Newpark REIT's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Newpark REIT (JSE:NRL), the current Preferred Stock is R0.0 Mil as of Feb. 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 Newpark REIT (JSE:NRL) Overvalued in 2026?

Based on GuruFocus' analysis, Newpark REIT stock appears to be undervalued. The current stock price of R4.70 is trading 0.6% below its estimated GF Value™ of R4.73. GuruFocus considers Newpark REIT to be Fairly Valued.

Key valuation signals for JSE:NRL:

  • Preferred Stock: R0.0 Mil
  • GF Value™: R4.73 vs. price of R4.70 (0.6% below fair value)
  • GF Score™: 68/100 with 8 warning signs

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


Newpark REIT Business Description

Industry Real EstateREITs
Address 51 West Street, Houghton Estate, Houghton, Johannesburg, GT, ZAF, 2198
Newpark REIT Ltd is a real estate investment trust company in South Africa. The company focuses on investing in A-grade commercial properties. Its property portfolio comprises the JSE building, the 24 Central, and industrial buildings in Linbro Business Park and Crown City. The Company is organized into four main operating segments, which include Mixed use (office, retail, and storage), Head office, Office, and Industrial. It generates the majority of the revenue from the Office segment.
68GF Score

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

R4.70
Price
R4.73
GF Value