NEW ENGLAND REALTY ASSOC-LP (NEN) Stock Fundamental Analysis
NYSEARCA:NEN - American Stock Exchange - US6442061049
NEN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 65 industry peers in the Real Estate Management & Development industry. NEN scores excellent on profitability, but there are some minor concerns on its financial health. NEN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year NEN was profitable.
NEN had a positive operating cash flow in the past year.
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
With an excellent Return On Assets value of 3.55%, NEN belongs to the best of the industry, outperforming 86.89% of the companies in the same industry.
With an excellent Return On Invested Capital value of 5.12%, NEN belongs to the best of the industry, outperforming 83.61% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NEN is in line with the industry average of 4.84%.
The last Return On Invested Capital (5.12%) for NEN is above the 3 year average (3.70%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | N/A | ||
| ROIC | 5.12% |
ROA(3y)0.8%
ROA(5y)1.02%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)3.7%
ROIC(5y)3.99%
1.3 Margins
Looking at the Profit Margin, with a value of 17.21%, NEN belongs to the top of the industry, outperforming 88.52% of the companies in the same industry.
In the last couple of years the Profit Margin of NEN has grown nicely.
Looking at the Operating Margin, with a value of 30.62%, NEN belongs to the top of the industry, outperforming 96.72% of the companies in the same industry.
In the last couple of years the Operating Margin of NEN has remained more or less at the same level.
NEN's Gross Margin of 59.62% is amongst the best of the industry. NEN outperforms 81.97% of its industry peers.
In the last couple of years the Gross Margin of NEN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.62% | ||
| PM (TTM) | 17.21% | ||
| GM | 59.62% |
OM growth 3Y3.29%
OM growth 5Y0.65%
PM growth 3Y70.41%
PM growth 5Y9.57%
GM growth 3Y-2.41%
GM growth 5Y-1.16%
2. Health
2.1 Basic Checks
NEN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
NEN has less shares outstanding than it did 1 year ago.
The number of shares outstanding for NEN has been reduced compared to 5 years ago.
Compared to 1 year ago, NEN has a worse debt to assets ratio.
2.2 Solvency
NEN has an Altman-Z score of 0.52. This is a bad value and indicates that NEN is not financially healthy and even has some risk of bankruptcy.
NEN has a Altman-Z score of 0.52. This is in the lower half of the industry: NEN underperforms 63.93% of its industry peers.
The Debt to FCF ratio of NEN is 42.05, which is on the high side as it means it would take NEN, 42.05 years of fcf income to pay off all of its debts.
NEN's Debt to FCF ratio of 42.05 is fine compared to the rest of the industry. NEN outperforms 68.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 42.05 | ||
| Altman-Z | 0.52 |
ROIC/WACC0.8
WACC6.38%
2.3 Liquidity
NEN has a Current Ratio of 2.36. This indicates that NEN is financially healthy and has no problem in meeting its short term obligations.
NEN has a Current ratio of 2.36. This is in the better half of the industry: NEN outperforms 62.30% of its industry peers.
NEN has a Quick Ratio of 2.36. This indicates that NEN is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.36, NEN is doing good in the industry, outperforming 67.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.36 | ||
| Quick Ratio | 2.36 |
3. Growth
3.1 Past
NEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 67.88%, which is quite impressive.
Measured over the past years, NEN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.31% on average per year.
The Revenue has grown by 10.24% in the past year. This is quite good.
NEN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.12% yearly.
EPS 1Y (TTM)67.88%
EPS 3Y82.71%
EPS 5Y16.31%
EPS Q2Q%81.91%
Revenue 1Y (TTM)10.24%
Revenue growth 3Y6.25%
Revenue growth 5Y5.12%
Sales Q2Q%6.58%
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 0.71, the valuation of NEN can be described as very cheap.
Based on the Price/Earnings ratio, NEN is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of NEN to the average of the S&P500 Index (28.29), we can say NEN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 0.71 | ||
| Fwd PE | N/A |
4.2 Price Multiples
80.33% of the companies in the same industry are more expensive than NEN, based on the Enterprise Value to EBITDA ratio.
NEN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NEN is cheaper than 85.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.93 | ||
| EV/EBITDA | 14.82 |
4.3 Compensation for Growth
The excellent profitability rating of NEN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.04
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.92%, NEN has a reasonable but not impressive dividend return.
NEN's Dividend Yield is rather good when compared to the industry average which is at 4.56. NEN pays more dividend than 90.16% of the companies in the same industry.
NEN's Dividend Yield is comparable with the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
5.2 History
On average, the dividend of NEN grows each year by 18.62%, which is quite nice.
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)18.62%
Div Incr Years2
Div Non Decr Years33
5.3 Sustainability
81.88% 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.
DP81.88%
EPS Next 2YN/A
EPS Next 3YN/A
NEW ENGLAND REALTY ASSOC-LP
NYSEARCA:NEN (1/21/2025, 8:16:44 PM)
82.7
+1.82 (+2.25%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners3.08%
Inst Owner Change0%
Ins Owners3.3%
Ins Owner Change-0.01%
Market Cap231.56M
Analysts0
Price TargetN/A
Short Float %0.04%
Short Ratio0.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
Yearly Dividend84.97
Dividend Growth(5Y)18.62%
DP81.88%
Div Incr Years2
Div Non Decr Years33
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 0.71 | ||
| Fwd PE | N/A | ||
| P/S | 2.9 | ||
| P/FCF | 23.93 | ||
| P/OCF | 8.32 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.82 |
EPS(TTM)117.25
EY141.78%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)3.46
FCFY4.18%
OCF(TTM)9.95
OCFY12.03%
SpS28.53
BVpS-23.38
TBVpS-23.5
PEG (NY)N/A
PEG (5Y)0.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | N/A | ||
| ROCE | 6.48% | ||
| ROIC | 5.12% | ||
| ROICexc | 5.33% | ||
| ROICexgc | 5.39% | ||
| OM | 30.62% | ||
| PM (TTM) | 17.21% | ||
| GM | 59.62% | ||
| FCFM | 12.11% |
ROA(3y)0.8%
ROA(5y)1.02%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)3.7%
ROIC(5y)3.99%
ROICexc(3y)4.36%
ROICexc(5y)4.47%
ROICexgc(3y)4.42%
ROICexgc(5y)4.51%
ROCE(3y)4.68%
ROCE(5y)5.2%
ROICexcg growth 3Y-0.49%
ROICexcg growth 5Y-2.58%
ROICexc growth 3Y-0.61%
ROICexc growth 5Y-2.86%
OM growth 3Y3.29%
OM growth 5Y0.65%
PM growth 3Y70.41%
PM growth 5Y9.57%
GM growth 3Y-2.41%
GM growth 5Y-1.16%
F-Score8
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 42.05 | ||
| Debt/EBITDA | 9.67 | ||
| Cap/Depr | 105.24% | ||
| Cap/Sales | 22.75% | ||
| Interest Coverage | 1.61 | ||
| Cash Conversion | 66.74% | ||
| Profit Quality | 70.39% | ||
| Current Ratio | 2.36 | ||
| Quick Ratio | 2.36 | ||
| Altman-Z | 0.52 |
F-Score8
WACC6.38%
ROIC/WACC0.8
Cap/Depr(3y)112.85%
Cap/Depr(5y)115.75%
Cap/Sales(3y)25.86%
Cap/Sales(5y)27.37%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)67.88%
EPS 3Y82.71%
EPS 5Y16.31%
EPS Q2Q%81.91%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.24%
Revenue growth 3Y6.25%
Revenue growth 5Y5.12%
Sales Q2Q%6.58%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y27.19%
EBIT growth 3Y9.75%
EBIT growth 5Y5.81%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-13.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y74.4%
OCF growth 3Y11.48%
OCF growth 5Y-1.16%