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NNLRF (Nova Net Lease REIT) Valuation Rank


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What is Nova Net Lease REIT Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Nova Net Lease REIT Valuation Rank Related Terms

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Nova Net Lease REIT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nova Net Lease REIT (OTCPK:NNLRF) » Definitions » Valuation Rank
Comparable Companies
TSXV:MAR.UN TSXV:RRR.UN TSXV:PINE.UN TSXV:SRES TSXV:NHT.U EQIX AMT DLR CCI IRM SBAC WY GLPI LAMR MEX:EDUCA18 RYN EPR PCH XBRU:SHUR OUT
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.