* Note: Prices are in Million (M) USD.
Description:
BNL is an internally managed REIT that primarily acquires, owns and manages single-tenant commercial real estate that is rented out on a long-term basis to a diversified group of tenants.
These criteria used Company's Cash, EBITDA and Debt balance to determines its fair value:
Cash : $15 M
Debt : $1,913 M
EBITDA : $368 M
Net Debt (Debt - Cash): $1,898 M
Since EBITDA cannot cover net debt within 3 years, Avoid This Stock.
This criteria used industry in which company operates:
Sector: Real Estate
Industry: REIT - Diversified
Based on industry, 3 points assigned.
This criteria used Company's Price To Earning (P/E) Ratio to determines its fair value:
Forward PE Ratio: 23.72
Since Forward PE Ratio is between 20 - 25, 2 points assigned.
This criteria used Company's ability to convert Sales into free cash flow to determine fair value:
Average Free Cash Flow: $146 M
Average Revenue: $274 M
Revenue Converted To Free Cash Flow (%): 53%
Avg Free Cash Flow Growth Per Year (Last 5 Years): 14.13%
Since Free Cash Flow (FCF) to Revenue percentage is greater than 25, 5 points assigned.
This criteria used company's growth potential to calculate its fair value:
Latest Revenue (2024-12-31): $432 M
Revenue 4 Years Ago (2020-12-31): $322 M
Last 5 Years Average Revenue Growth: 7%
Since Revenue Growth is between 5 - 10, 2 points assigned.
This criteria used Company's ability to buy back its own share:
Latest Share Count (2024-12-31): $197 M
Share Count 5 Years Ago (2020-12-31): $129 M
Company is not buying back its own shares, 0 points assigned.
This criteria used Company's dividend payout ratio to determine its fair value:
Next Year Earnings Per Share (EPS): $0.77
Trailing 12-Month Earnings Per Share (EPS): $0.63
Average Earnings Per Share (EPS): $0.70
Dividend Per Share (DPS): $1
Payout Ratio: 166%
Dividend Yield: 7%
Since company Payout Ratio is greater than 50, 1 point assigned.
Since Dividend Yield is greater than 5, 5 points assigned.
This criteria used Company's Return On Equity (ROE%) to determine its fair value:
Average ROE: 4%
Since Average ROE is less than 10, 1 point assigned.
This criteria used Company's current price to its 52 week low price to determines its fair value:
Current Price: $17
52-Week Low: $14
Threshold Price (15% Above 52-Week Low): $16
Since Current price is not within 15% threshold, 0 point assigned.
This criteria used Company's Market Cap to determines its fair value:
Market Capitalization: $3,136 M
Since Market Cap is less than 10B, 1 point assigned.
% Exposure to Total Portfolio
Based on the market cap, we recommend do not exceed 2% exposure of Total Portfolio.
Value-Trade has assigned 20 points to above Broadstone Net Lease Inc (BNL) stock.
Last 4 Years Avg PE (Limited to last 4 years of EPS data) 25.02, Fair Value PE 15, Industry Based PE is 20 and Growth based PE is 10. Based on these all values average assigned is 17.51.
Value-Trades has assined P/E value 17.51. Since an average (Current Year EPS + Next Year EPS) earning per share is $0.70.
The fair value of Broadstone Net Lease Inc (BNL) stock should be (17.51 x $0.70) = $12.26
