NSI NV (NSI.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:NSI - NL0012365084 - REIT
20 EUR
-0.1 (-0.5%)
Taking everything into account, NSI scores 4 out of 10 in our fundamental rating. NSI was compared to 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 is not valued too expensively and it also shows a decent growth rate. NSI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NSI was profitable.
In the past year NSI had a positive cash flow from operations.
In multiple years NSI reported negative net income over the last 5 years.
Each year in the past 5 years NSI had a positive operating cash flow.
1.2 Ratios
NSI's Return On Assets of 0.20% is on the low side compared to the rest of the industry. NSI is outperformed by 71.43% of its industry peers.
With a Return On Equity value of 0.32%, NSI is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
With a decent Return On Invested Capital value of 4.32%, NSI is doing good in the industry, outperforming 78.57% 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 3.53%.
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
NSI has a worse Profit Margin (2.88%) than 71.43% of its industry peers.
In the last couple of years the Profit Margin of NSI has declined.
NSI's Operating Margin of 72.96% 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.
Looking at the Gross Margin, with a value of 84.44%, NSI is in the better half of the industry, outperforming 71.43% 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 | 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NSI is destroying value.
NSI has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, NSI has more shares outstanding
NSI has a worse debt/assets ratio than last year.
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's Altman-Z score of 0.33 is on the low side compared to the rest of the industry. NSI is outperformed by 85.71% of its industry peers.
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 78.57% of its industry peers.
A Debt/Equity ratio of 0.51 indicates that 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 76.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.89 | ||
| 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 45.24% of its industry peers.
A Quick Ratio of 0.36 indicates that NSI may have some problems paying its short term obligations.
NSI has a Quick ratio (0.36) which 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
The Earnings Per Share has grown by an impressive 105.33% 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.
The Revenue has been growing slightly by 2.61% in the past year.
Measured over the past years, NSI shows a decrease in Revenue. The Revenue has been decreasing by -2.57% on average per year.
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.
The Revenue is expected to grow by 2.58% on average over the next years.
EPS Next Y6.07%
EPS Next 2Y2.43%
EPS Next 3Y2.23%
EPS Next 5Y2.47%
Revenue Next Year1.58%
Revenue Next 2Y2%
Revenue Next 3Y2.58%
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
NSI is valuated quite expensively with a Price/Earnings ratio of 181.82.
Compared to the rest of the industry, the Price/Earnings ratio of NSI indicates a slightly more expensive valuation: NSI is more expensive than 73.81% of the companies listed in the same industry.
NSI is valuated expensively when we compare the Price/Earnings ratio to 26.41, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 9.61 indicates a reasonable valuation of NSI.
Based on the Price/Forward Earnings ratio, NSI is valued a bit cheaper than 78.57% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.40. NSI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 181.82 | ||
| Fwd PE | 9.61 |
4.2 Price Multiples
83.33% of the companies in the same industry are more expensive than NSI, based on the Enterprise Value to EBITDA ratio.
NSI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NSI is cheaper than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.61 | ||
| EV/EBITDA | 13.06 |
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)29.95
PEG (5Y)N/A
EPS Next 2Y2.43%
EPS Next 3Y2.23%
5. Dividend
5.1 Amount
NSI has a Yearly Dividend Yield of 7.73%, which is a nice return.
Compared to an average industry Dividend Yield of 5.80, NSI pays a better dividend. On top of this NSI pays more dividend than 88.10% of the companies listed in the same industry.
NSI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.73% |
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 2Y2.43%
EPS Next 3Y2.23%
AMS:NSI (12/4/2025, 7:00:00 PM)
20
-0.1 (-0.5%)
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 Cap403.20M
Revenue(TTM)73.71M
Net Income(TTM)2.12M
Analysts74
Price Target24.23 (21.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.73% |
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)0.12%
EPS NY rev (3m)0.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 181.82 | ||
| Fwd PE | 9.61 | ||
| P/S | 5.47 | ||
| P/FCF | 10.61 | ||
| P/OCF | 10.61 | ||
| P/B | 0.61 | ||
| P/tB | 0.61 | ||
| EV/EBITDA | 13.06 |
EPS(TTM)0.11
EY0.55%
EPS(NY)2.08
Fwd EY10.4%
FCF(TTM)1.89
FCFY9.43%
OCF(TTM)1.89
OCFY9.43%
SpS3.66
BVpS32.64
TBVpS32.63
PEG (NY)29.95
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 | 0.33 |
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)105.33%
EPS 3Y-53.3%
EPS 5Y-42.97%
EPS Q2Q%-349.17%
EPS Next Y6.07%
EPS Next 2Y2.43%
EPS Next 3Y2.23%
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 Year1.58%
Revenue Next 2Y2%
Revenue Next 3Y2.58%
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 4 / 10 to NSI NV (NSI.AS). This can be considered as Fairly Valued.
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 6.07% 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%.