65.0601 USD
+0.05 (+0.08%)
NEN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 62 industry peers in the Real Estate Management & Development industry. NEN scores excellent on profitability, but there are concerns on its financial health. NEN has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year NEN was profitable.
- In the past year NEN had a positive cash flow from operations.
- NEN had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years NEN had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.25%, NEN belongs to the top of the industry, outperforming 83.87% of the companies in the same industry.
- NEN's Return On Invested Capital of 5.03% is fine compared to the rest of the industry. NEN outperforms 72.58% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for NEN is in line with the industry average of 5.44%.
- The 3 year average ROIC (4.38%) for NEN is below the current ROIC(5.03%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | N/A | ||
| ROIC | 5.03% |
ROA(3y)2.37%
ROA(5y)1.37%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.38%
ROIC(5y)4.1%
1.3 Margins
- NEN has a Profit Margin of 19.48%. This is amongst the best in the industry. NEN outperforms 90.32% of its industry peers.
- NEN's Profit Margin has improved in the last couple of years.
- NEN's Operating Margin of 31.97% is amongst the best of the industry. NEN outperforms 93.55% of its industry peers.
- In the last couple of years the Operating Margin of NEN has grown nicely.
- NEN's Gross Margin of 59.75% is amongst the best of the industry. NEN outperforms 83.87% of its industry peers.
- NEN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.97% | ||
| PM (TTM) | 19.48% | ||
| GM | 59.75% |
OM growth 3Y11.48%
OM growth 5Y1.98%
PM growth 3YN/A
PM growth 5Y12.43%
GM growth 3Y1.63%
GM growth 5Y-0.25%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NEN is creating some value.
- The number of shares outstanding for NEN has been reduced compared to 1 year ago.
- The number of shares outstanding for NEN has been reduced compared to 5 years ago.
- The debt/assets ratio for NEN has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.01, we must say that NEN is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.01, NEN is doing worse than 70.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.01 |
ROIC/WACC1.62
WACC3.11%
2.3 Liquidity
- NEN has a Current Ratio of 0.26. This is a bad value and indicates that NEN is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of NEN (0.26) is worse than 88.71% of its industry peers.
- NEN has a Quick Ratio of 0.26. This is a bad value and indicates that NEN is not financially healthy enough and could expect problems in meeting its short term obligations.
- NEN has a worse Quick ratio (0.26) than 88.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 34.73% over the past year.
- The Earnings Per Share has been growing by 20.14% on average over the past years. This is a very strong growth
- The Revenue has been growing slightly by 4.94% in the past year.
- The Revenue has been growing slightly by 5.90% on average over the past years.
EPS 1Y (TTM)34.73%
EPS 3YN/A
EPS 5Y20.14%
EPS Q2Q%2.36%
Revenue 1Y (TTM)4.94%
Revenue growth 3Y8.74%
Revenue growth 5Y5.9%
Sales Q2Q%5.94%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 0.47, the valuation of NEN can be described as very cheap.
- 100.00% of the companies in the same industry are more expensive than NEN, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of NEN to the average of the S&P500 Index (27.25), we can say NEN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 0.47 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NEN indicates a rather cheap valuation: NEN is cheaper than 85.48% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.57 |
4.3 Compensation for Growth
- The excellent profitability rating of NEN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.02
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- NEN has a Yearly Dividend Yield of 2.46%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.85, NEN pays a better dividend. On top of this NEN pays more dividend than 90.32% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, NEN pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.46% |
5.2 History
- The dividend of NEN is nicely growing with an annual growth rate of 20.30%!
- NEN has paid a dividend for at least 10 years, which is a reliable track record.
- NEN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)20.3%
Div Incr Years4
Div Non Decr Years35
5.3 Sustainability
- 104.55% of the earnings are spent on dividend by NEN. This is not a sustainable payout ratio.
- NEN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP104.55%
EPS Next 2YN/A
EPS Next 3YN/A
NEW ENGLAND REALTY ASSOC-LP / NEN FAQ
What is the fundamental rating for NEN stock?
ChartMill assigns a fundamental rating of 5 / 10 to NEN.
What is the valuation status for NEN stock?
ChartMill assigns a valuation rating of 4 / 10 to NEW ENGLAND REALTY ASSOC-LP (NEN). This can be considered as Fairly Valued.
What is the profitability of NEN stock?
NEW ENGLAND REALTY ASSOC-LP (NEN) has a profitability rating of 8 / 10.
What are the PE and PB ratios of NEW ENGLAND REALTY ASSOC-LP (NEN) stock?
The Price/Earnings (PE) ratio for NEW ENGLAND REALTY ASSOC-LP (NEN) is 0.47 and the Price/Book (PB) ratio is -0.08.
What is the financial health of NEW ENGLAND REALTY ASSOC-LP (NEN) stock?
The financial health rating of NEW ENGLAND REALTY ASSOC-LP (NEN) is 2 / 10.