NSI NV (NSI.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:NSI - NL0012365084 - REIT
20 EUR
+0.1 (+0.5%)
NSI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 42 industry peers in the Diversified REITs industry. There are concerns on the financial health of NSI while its profitability can be described as average. NSI has a decent growth rate and is not valued too expensively. NSI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year NSI was profitable.
- NSI had a positive operating cash flow in the past year.
- In multiple years NSI reported negative net income over the last 5 years.
- In the past 5 years NSI always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of NSI (0.20%) is worse than 73.81% of its industry peers.
- NSI's Return On Equity of 0.32% is on the low side compared to the rest of the industry. NSI is outperformed by 73.81% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 4.34%, NSI is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
- NSI had an Average Return On Invested Capital over the past 3 years of 3.76%. This is in line with the industry average of 3.45%.
- The 3 year average ROIC (3.76%) for NSI is below the current ROIC(4.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.2% | ||
| ROE | 0.32% | ||
| ROIC | 4.34% |
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
- NSI's Profit Margin of 2.88% is on the low side compared to the rest of the industry. NSI is outperformed by 73.81% of its industry peers.
- In the last couple of years the Profit Margin of NSI has declined.
- NSI's Operating Margin of 73.28% is fine compared to the rest of the industry. NSI outperforms 61.90% of its industry peers.
- NSI's Operating Margin has been stable in the last couple of years.
- With a decent Gross Margin value of 84.44%, NSI is doing good in the industry, outperforming 73.81% of the companies in the same industry.
- NSI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 73.28% | ||
| 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.
- Compared to 1 year ago, NSI has less shares outstanding
- NSI has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, NSI has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.33, we must say that NSI is in the distress zone and has some risk of bankruptcy.
- NSI has a worse Altman-Z score (0.33) than 88.10% of its industry peers.
- NSI has a debt to FCF ratio of 9.88. This is a negative value and a sign of low solvency as NSI would need 9.88 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 9.88, NSI belongs to the top of the industry, outperforming 80.95% of the companies in the same industry.
- NSI has a Debt/Equity ratio of 0.51. This is a neutral value indicating NSI is somewhat dependend on debt financing.
- NSI has a Debt to Equity ratio of 0.51. This is in the better half of the industry: NSI outperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.88 | ||
| Altman-Z | 0.33 |
ROIC/WACC0.81
WACC5.33%
2.3 Liquidity
- A Current Ratio of 0.36 indicates that NSI may have some problems paying its short term obligations.
- NSI has a Current ratio of 0.36. This is comparable to the rest of the industry: NSI outperforms 47.62% of its industry peers.
- NSI has a Quick Ratio of 0.36. This is a bad value and indicates that NSI is not financially healthy enough and could expect problems in meeting its short term obligations.
- NSI's Quick ratio of 0.36 is in line compared to the rest of the industry. NSI outperforms 52.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 105.48% over the past year.
- Measured over the past years, NSI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -42.97% on average per year.
- 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)105.48%
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
- NSI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.47% yearly.
- The Revenue is expected to grow by 1.99% on average over the next years.
EPS Next Y6.15%
EPS Next 2Y2.93%
EPS Next 3Y2.37%
EPS Next 5Y2.47%
Revenue Next Year1.19%
Revenue Next 2Y1.66%
Revenue Next 3Y1.99%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 181.82 indicates a quite expensive valuation of NSI.
- Compared to the rest of the industry, the Price/Earnings ratio of NSI indicates a slightly more expensive valuation: NSI is more expensive than 76.19% of the companies listed in the same industry.
- NSI is valuated expensively when we compare the Price/Earnings ratio to 27.33, which is the current average of the S&P500 Index.
- NSI is valuated reasonably with a Price/Forward Earnings ratio of 9.52.
- 83.33% of the companies in the same industry are more expensive than NSI, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 24.12. NSI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 181.82 | ||
| Fwd PE | 9.52 |
4.2 Price Multiples
- NSI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NSI is cheaper than 85.71% of the companies in the same industry.
- NSI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NSI is cheaper than 69.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.59 | ||
| EV/EBITDA | 12.93 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)29.58
PEG (5Y)N/A
EPS Next 2Y2.93%
EPS Next 3Y2.37%
5. Dividend
5.1 Amount
- NSI has a Yearly Dividend Yield of 7.95%, which is a nice return.
- NSI's Dividend Yield is rather good when compared to the industry average which is at 4.99. NSI pays more dividend than 90.48% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.91, NSI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.95% |
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
- NSI pays out 1114.37% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of NSI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP1114.37%
EPS Next 2Y2.93%
EPS Next 3Y2.37%
AMS:NSI (1/15/2026, 2:33:33 PM)
20
+0.1 (+0.5%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)10-15 2025-10-15
Earnings (Next)01-28 2026-01-28/amc
Inst Owners21.17%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap403.20M
Revenue(TTM)73.71M
Net Income(TTM)2.12M
Analysts74
Price Target23.89 (19.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.95% |
Yearly Dividend1.52
Dividend Growth(5Y)1.68%
DP1114.37%
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)-1.4%
PT rev (3m)-1.75%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.07%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.39%
Revenue NY rev (3m)-0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 181.82 | ||
| Fwd PE | 9.52 | ||
| P/S | 5.47 | ||
| P/FCF | 10.59 | ||
| P/OCF | 10.59 | ||
| P/B | 0.61 | ||
| P/tB | 0.61 | ||
| EV/EBITDA | 12.93 |
EPS(TTM)0.11
EY0.55%
EPS(NY)2.1
Fwd EY10.5%
FCF(TTM)1.89
FCFY9.44%
OCF(TTM)1.89
OCFY9.44%
SpS3.66
BVpS32.64
TBVpS32.63
PEG (NY)29.58
PEG (5Y)N/A
Graham Number8.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.2% | ||
| ROE | 0.32% | ||
| ROCE | 5.6% | ||
| ROIC | 4.34% | ||
| ROICexc | 4.49% | ||
| ROICexgc | 4.49% | ||
| OM | 73.28% | ||
| PM (TTM) | 2.88% | ||
| GM | 84.44% | ||
| FCFM | 51.64% |
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 | 9.88 | ||
| Debt/EBITDA | 6.14 | ||
| Cap/Depr | 1.7% | ||
| Cap/Sales | 0.01% | ||
| Interest Coverage | 4.05 | ||
| Cash Conversion | 69.73% | ||
| Profit Quality | 1793.59% | ||
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 | ||
| Altman-Z | 0.33 |
F-Score8
WACC5.33%
ROIC/WACC0.81
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)105.48%
EPS 3Y-53.3%
EPS 5Y-42.97%
EPS Q2Q%-349.17%
EPS Next Y6.15%
EPS Next 2Y2.93%
EPS Next 3Y2.37%
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 Year1.19%
Revenue Next 2Y1.66%
Revenue Next 3Y1.99%
Revenue Next 5YN/A
EBIT growth 1Y10.75%
EBIT growth 3Y-1.76%
EBIT growth 5Y-1.89%
EBIT Next Year19.1%
EBIT Next 3Y8.22%
EBIT Next 5YN/A
FCF growth 1Y-17.09%
FCF growth 3Y3.11%
FCF growth 5Y0.25%
OCF growth 1Y-17.12%
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.
Can you provide the valuation status for NSI NV?
ChartMill assigns a valuation rating of 4 / 10 to NSI NV (NSI.AS). This can be considered as Fairly Valued.
What is the profitability of NSI stock?
NSI NV (NSI.AS) has a profitability rating of 4 / 10.
What are the PE and PB ratios of NSI NV (NSI.AS) stock?
The Price/Earnings (PE) ratio for NSI NV (NSI.AS) is 181.82 and the Price/Book (PB) ratio is 0.61.
How financially healthy is NSI NV?
The financial health rating of NSI NV (NSI.AS) is 3 / 10.