NSI NV (NSI.AS) Stock Fundamental Analysis
Europe - AMS:NSI - NL0012365084 - REIT
20.5 EUR
+0.15 (+0.74%)
NSI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 39 industry peers in the Diversified REITs industry. NSI has a medium profitability rating, but doesn't score so well on its financial health evaluation. NSI is not valued too expensively and it also shows a decent growth rate. Finally NSI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
NSI had positive earnings in the past year.
NSI had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: NSI reported negative net income in multiple years.
In the past 5 years NSI always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.20%, NSI is not doing good in the industry: 74.36% of the companies in the same industry are doing better.
The Return On Equity of NSI (0.32%) is worse than 74.36% of its industry peers.
NSI has a Return On Invested Capital of 4.32%. This is in the better half of the industry: NSI outperforms 79.49% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NSI is in line with the industry average of 3.49%.
The 3 year average ROIC (3.76%) for NSI is below the current ROIC(4.32%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.2% | ||
| ROE | 0.32% | ||
| ROIC | 4.32% |
ROA(3y)-4.79%
ROA(5y)-1.43%
ROE(3y)-7.25%
ROE(5y)-2.28%
ROIC(3y)3.76%
ROIC(5y)3.61%
1.3 Margins
Looking at the Profit Margin, with a value of 2.88%, NSI is doing worse than 74.36% of the companies in the same industry.
NSI's Profit Margin has declined in the last couple of years.
NSI's Operating Margin of 72.96% is in line compared to the rest of the industry. NSI outperforms 58.97% of its industry peers.
In the last couple of years the Operating Margin of NSI has remained more or less at the same level.
Looking at the Gross Margin, with a value of 84.44%, NSI is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
In the last couple of years the Gross Margin of NSI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 72.96% | ||
| PM (TTM) | 2.88% | ||
| GM | 84.44% |
OM growth 3Y0.35%
OM growth 5Y0.7%
PM growth 3Y-52.23%
PM growth 5Y-40.95%
GM growth 3Y0.95%
GM growth 5Y0.68%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NSI is destroying value.
NSI has less shares outstanding than it did 1 year ago.
NSI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NSI is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.34, we must say that NSI is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.34, NSI is not doing good in the industry: 87.18% of the companies in the same industry are doing better.
NSI has a debt to FCF ratio of 9.89. This is a negative value and a sign of low solvency as NSI would need 9.89 years to pay back of all of its debts.
NSI's Debt to FCF ratio of 9.89 is fine compared to the rest of the industry. NSI outperforms 76.92% of its industry peers.
NSI has a Debt/Equity ratio of 0.51. This is a neutral value indicating NSI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.51, NSI is in the better half of the industry, outperforming 79.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.89 | ||
| Altman-Z | 0.34 |
ROIC/WACC0.8
WACC5.4%
2.3 Liquidity
A Current Ratio of 0.36 indicates that NSI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.36, NSI is in line with its industry, outperforming 41.03% of the companies in the same industry.
A Quick Ratio of 0.36 indicates that NSI may have some problems paying its short term obligations.
The Quick ratio of NSI (0.36) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
NSI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 105.33%, which is quite impressive.
The earnings per share for NSI have been decreasing by -42.97% on average. This is quite bad
Looking at the last year, NSI shows a small growth in Revenue. The Revenue has grown by 2.61% in the last year.
The Revenue has been decreasing by -2.57% on average over the past years.
EPS 1Y (TTM)105.33%
EPS 3Y-53.3%
EPS 5Y-42.97%
EPS Q2Q%-349.17%
Revenue 1Y (TTM)2.61%
Revenue growth 3Y-2.1%
Revenue growth 5Y-2.57%
Sales Q2Q%2.7%
3.2 Future
Based on estimates for the next years, NSI will show a small growth in Earnings Per Share. The EPS will grow by 2.47% on average per year.
Based on estimates for the next years, NSI will show a small growth in Revenue. The Revenue will grow by 2.67% on average per year.
EPS Next Y5.94%
EPS Next 2Y2.87%
EPS Next 3Y2.83%
EPS Next 5Y2.47%
Revenue Next Year1.86%
Revenue Next 2Y2%
Revenue Next 3Y2.67%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 186.36, which means the current valuation is very expensive for NSI.
Based on the Price/Earnings ratio, NSI is valued a bit more expensive than the industry average as 76.92% of the companies are valued more cheaply.
NSI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.03.
The Price/Forward Earnings ratio is 9.77, which indicates a very decent valuation of NSI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NSI indicates a somewhat cheap valuation: NSI is cheaper than 76.92% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of NSI to the average of the S&P500 Index (22.27), we can say NSI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 186.36 | ||
| Fwd PE | 9.77 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NSI indicates a rather cheap valuation: NSI is cheaper than 82.05% of the companies listed in the same industry.
NSI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NSI is cheaper than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.87 | ||
| EV/EBITDA | 13.16 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NSI does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)31.36
PEG (5Y)N/A
EPS Next 2Y2.87%
EPS Next 3Y2.83%
5. Dividend
5.1 Amount
NSI has a Yearly Dividend Yield of 7.66%, which is a nice return.
NSI's Dividend Yield is rather good when compared to the industry average which is at 5.95. NSI pays more dividend than 84.62% of the companies in the same industry.
NSI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.66% |
5.2 History
The dividend of NSI has a limited annual growth rate of 1.68%.
Dividend Growth(5Y)1.68%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1096.70% of the earnings are spent on dividend by NSI. This is not a sustainable payout ratio.
The dividend of NSI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP1096.7%
EPS Next 2Y2.87%
EPS Next 3Y2.83%
AMS:NSI (11/5/2025, 5:29:55 PM)
20.5
+0.15 (+0.74%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners23.59%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap413.28M
Revenue(TTM)73.71M
Net Income(TTM)2.12M
Analysts74
Price Target24.23 (18.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.66% |
Yearly Dividend1.52
Dividend Growth(5Y)1.68%
DP1096.7%
Div Incr Years0
Div Non Decr Years0
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)-0.35%
PT rev (3m)-0.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 186.36 | ||
| Fwd PE | 9.77 | ||
| P/S | 5.61 | ||
| P/FCF | 10.87 | ||
| P/OCF | 10.87 | ||
| P/B | 0.63 | ||
| P/tB | 0.63 | ||
| EV/EBITDA | 13.16 |
EPS(TTM)0.11
EY0.54%
EPS(NY)2.1
Fwd EY10.24%
FCF(TTM)1.89
FCFY9.2%
OCF(TTM)1.89
OCFY9.2%
SpS3.66
BVpS32.64
TBVpS32.63
PEG (NY)31.36
PEG (5Y)N/A
Graham Number8.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.2% | ||
| ROE | 0.32% | ||
| ROCE | 5.58% | ||
| ROIC | 4.32% | ||
| ROICexc | 4.47% | ||
| ROICexgc | 4.47% | ||
| OM | 72.96% | ||
| PM (TTM) | 2.88% | ||
| GM | 84.44% | ||
| FCFM | 51.56% |
ROA(3y)-4.79%
ROA(5y)-1.43%
ROE(3y)-7.25%
ROE(5y)-2.28%
ROIC(3y)3.76%
ROIC(5y)3.61%
ROICexc(3y)3.77%
ROICexc(5y)3.63%
ROICexgc(3y)3.77%
ROICexgc(5y)3.63%
ROCE(3y)4.74%
ROCE(5y)4.53%
ROICexgc growth 3Y7.51%
ROICexgc growth 5Y2.13%
ROICexc growth 3Y7.51%
ROICexc growth 5Y2.13%
OM growth 3Y0.35%
OM growth 5Y0.7%
PM growth 3Y-52.23%
PM growth 5Y-40.95%
GM growth 3Y0.95%
GM growth 5Y0.68%
F-Score8
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.89 | ||
| Debt/EBITDA | 6.17 | ||
| Cap/Depr | 2.39% | ||
| Cap/Sales | 0.02% | ||
| Interest Coverage | 4.18 | ||
| Cash Conversion | 69.93% | ||
| Profit Quality | 1791.8% | ||
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 | ||
| Altman-Z | 0.34 |
F-Score8
WACC5.4%
ROIC/WACC0.8
Cap/Depr(3y)7.25%
Cap/Depr(5y)40.19%
Cap/Sales(3y)0.07%
Cap/Sales(5y)0.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)105.33%
EPS 3Y-53.3%
EPS 5Y-42.97%
EPS Q2Q%-349.17%
EPS Next Y5.94%
EPS Next 2Y2.87%
EPS Next 3Y2.83%
EPS Next 5Y2.47%
Revenue 1Y (TTM)2.61%
Revenue growth 3Y-2.1%
Revenue growth 5Y-2.57%
Sales Q2Q%2.7%
Revenue Next Year1.86%
Revenue Next 2Y2%
Revenue Next 3Y2.67%
Revenue Next 5YN/A
EBIT growth 1Y10.28%
EBIT growth 3Y-1.76%
EBIT growth 5Y-1.89%
EBIT Next Year20.22%
EBIT Next 3Y10.54%
EBIT Next 5YN/A
FCF growth 1Y-17.64%
FCF growth 3Y3.11%
FCF growth 5Y0.25%
OCF growth 1Y-17.66%
OCF growth 3Y2.4%
OCF growth 5Y0.22%
NSI NV / NSI.AS FAQ
Can you provide the ChartMill fundamental rating for NSI NV?
ChartMill assigns a fundamental rating of 4 / 10 to NSI.AS.
What is the valuation status of NSI NV (NSI.AS) stock?
ChartMill assigns a valuation rating of 3 / 10 to NSI NV (NSI.AS). This can be considered as Overvalued.
How profitable is NSI NV (NSI.AS) stock?
NSI NV (NSI.AS) has a profitability rating of 4 / 10.
What is the earnings growth outlook for NSI NV?
The Earnings per Share (EPS) of NSI NV (NSI.AS) is expected to grow by 5.94% in the next year.
How sustainable is the dividend of NSI NV (NSI.AS) stock?
The dividend rating of NSI NV (NSI.AS) is 7 / 10 and the dividend payout ratio is 1096.7%.