Financials New England Realty Associates Limited Partnership

Equities

NEN

US6442061049

Real Estate Development & Operations

Real-time Estimate Cboe BZX 14:30:09 22/05/2024 BST 5-day change 1st Jan Change
71.93 USD +1.52% Intraday chart for New England Realty Associates Limited Partnership -0.91% +1.65%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 208.8 227.3 183.2 247.7 255.3 246.8
Enterprise Value (EV) 1 454.1 519.5 465 522.1 616.7 637
P/E ratio 50.1 x 34.8 x 129 x -91.7 x 68.7 x 29.3 x
Yield 2.14% 2.06% 2.55% 1.89% 1.8% 2.18%
Capitalization / Revenue 3.5 x 3.66 x 2.94 x 3.99 x 3.71 x 3.28 x
EV / Revenue 7.61 x 8.36 x 7.47 x 8.41 x 8.96 x 8.45 x
EV / EBITDA 14.1 x 15.4 x 13.9 x 17.2 x 17.6 x 17 x
EV / FCF 13.3 x 24.8 x 24.3 x 28.6 x 31 x 31.2 x
FCF Yield 7.5% 4.03% 4.12% 3.49% 3.23% 3.2%
Price to Book -5.92 x -6.06 x -4.46 x -5.07 x -4.26 x -3.8 x
Nbr of stocks (in thousands) 3,732 3,666 3,653 3,653 3,595 3,541
Reference price 2 55.95 62.00 50.16 67.80 71.00 69.70
Announcement Date 13/03/19 12/03/20 12/03/21 11/03/22 13/03/23 14/03/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 59.65 62.16 62.26 62.07 68.79 75.36
EBITDA 1 32.13 33.63 33.54 30.35 34.96 37.44
EBIT 1 16.56 18.95 15.13 13.68 18.59 20.66
Operating Margin 27.76% 30.49% 24.3% 22.03% 27.02% 27.42%
Earnings before Tax (EBT) 1 4.169 6.547 1.425 -2.7 3.723 8.454
Net income 1 4.169 6.547 1.425 -2.7 3.723 8.454
Net margin 6.99% 10.53% 2.29% -4.35% 5.41% 11.22%
EPS 2 1.117 1.783 0.3899 -0.7395 1.033 2.378
Free Cash Flow 1 34.05 20.92 19.15 18.22 19.92 20.39
FCF margin 57.09% 33.66% 30.76% 29.36% 28.96% 27.06%
FCF Conversion (EBITDA) 106% 62.19% 57.11% 60.05% 56.98% 54.47%
FCF Conversion (Net income) 816.82% 319.5% 1,344.54% - 535.02% 241.22%
Dividend per Share 2 1.200 1.280 1.280 1.280 1.280 1.520
Announcement Date 13/03/19 12/03/20 12/03/21 11/03/22 13/03/23 14/03/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 245 292 282 274 361 390
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 7.636 x 8.688 x 8.402 x 9.042 x 10.34 x 10.42 x
Free Cash Flow 1 34.1 20.9 19.2 18.2 19.9 20.4
ROE (net income / shareholders' equity) -11.8% -17.8% -3.59% 5.95% -6.82% -13.5%
ROA (Net income/ Total Assets) 4.37% 4.38% 3.23% 2.64% 3.1% 3.32%
Assets 1 95.44 149.6 44.14 -102.4 120 254.5
Book Value Per Share 2 -9.450 -10.20 -11.20 -13.40 -16.60 -18.40
Cash Flow per Share 2 2.430 2.060 5.100 26.40 13.90 5.170
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 13/03/19 12/03/20 12/03/21 11/03/22 13/03/23 14/03/24
1USD in Million2USD
Estimates
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