ValueScreener

ValueScreener company report

NexPoint Residential Trust, Inc. (NXRT)

NYSE / Real Estate / REIT - Residential

Share price

18.29 USD Market dataClose of Oct 14, 2026

Market capitalisation

464.8M USD Market dataClose of Oct 14, 2026
Market data
Oct 14, 2026
Filed accounts
FY2025, filed Feb 26, 2026
Ratios computed
Oct 14, 2026
Filed years
12, FY2013 to FY2025
Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means
SEC filingFiled with the SEC
Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement
What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data
Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener
Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.
Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Four questions, at a glance

Quality

Return on equity

-10.8% Computed

From the FY2025 filing

Read quality

Financial strength

Debt to equity

n/a Computed

From the FY2025 filing

Why n/a

The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.

Read financial strength

Valuation

Price to book

1.57x Computed

FY2025 accounts, priced at the latest close

Read valuation

Cash generation

Dividend yield

11.6% Computed

FY2025 accounts, priced at the latest close

Read cash generation

Revenue and net income, as filed

FY2016 Revenue: 132.8M USDFY2016 Net income: 21.9M USDFY2017 Revenue: 144.2M USDFY2017 Net income: 53.4M USDFY2018 Revenue: 146.6M USDFY2018 Net income: -1.6M USDFY2019 Revenue: 181.1M USDFY2019 Net income: 99.1M USDFY2020 Revenue: 204.8M USDFY2020 Net income: 44.0M USDFY2021 Revenue: 219.2M USDFY2021 Net income: 23.0M USDFY2022 Revenue: 264.0M USDFY2022 Net income: -9.3M USDFY2023 Revenue: 277.5M USDFY2023 Net income: 44.3M USDFY2024 Revenue: 259.7M USDFY2024 Net income: 1.1M USDFY2025 Revenue: 251.3M USDFY2025 Net income: -32.0M USD
Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.
Named tests met
1 of 30 Which tests
The business, and the score behind its five axes

The reading, in brief

Is it good

Return on equity was -10.8% in FY2025, in the band labelled "Likely below the cost of equity" (below 8.0%), on lines anchored on Damodaran's cost-of-capital data, suggesting returns on shareholders' money below the usual cost of equity.

Today, against the Real Estate sector (222 companies), -10.8% sits at the 19th percentile; the middle half of that group runs from -3.8% to 9.5%.

Is it safe

Interest coverage was 0.46x in FY2025, in the band labelled "Distress territory" (below 1.50x), on lines anchored on Damodaran's interest-coverage table.

Year by year against peers
Whether NexPoint Residential Trust, Inc.'s return on equity stayed above the median of the Real Estate sector, year by year. (FY2023 to FY2025, 3 fiscal years of NexPoint Residential Trust, Inc. with a comparable figure)
The direction
Which way NexPoint Residential Trust, Inc.'s return on equity has moved, and how steadily. (FY2016 to FY2025, 10 filed years of NexPoint Residential Trust, Inc.)
What could explain it
What in NexPoint Residential Trust, Inc.'s filed statements could explain the movements. (3 readings drawn from the statement lines NexPoint Residential Trust, Inc. filed)
What to check next
What to check next on NexPoint Residential Trust, Inc., and where in its filings. (2 questions for NexPoint Residential Trust, Inc.)
In one paragraph
One paragraph on NexPoint Residential Trust, Inc.'s returns, cash, balance sheet and price. (5 of sixteen figures read for NexPoint Residential Trust, Inc.)

These are NXRT’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research NXRTPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2025 annual report: 10-K, filed Feb 26, 2026, accession 0001193125-26-077343.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

NexPoint Residential Trust, Inc: returns on capital and margins, each with its source
FigureValue, source and document
Return on invested capital, after tax
Why n/a

The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.

n/a ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Return on equity-10.8% ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Return on capital employed, pre-tax
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Return on assets-1.7% ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Gross margin
Why n/m

This filer reports no gross profit line, so there is no gross margin to compute. Banks, insurers and REITs do not present cost of revenue.

n/m ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Operating margin11.1% ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Net margin-12.8% ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
NXRT -12.8%
BRSP -9.4%BDN -36.8%FVR -5.7%RWT -5.9%JBGS -27.9%
-36.8%-5.7%
Net margin: NXRT against the 5 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

NexPoint Residential Trust, Inc: leverage, liquidity and distress, each with its source
FigureValue, source and document
Debt to equity
Why n/a

The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.

n/a ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Current ratio
Why n/m

A property trust presents an unclassified balance sheet: buildings are long-lived assets and mortgage debt is drawn against them, so there is no split between current and non-current for a current ratio to divide. Look at net debt to EBITDA and interest coverage instead.

n/m ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Quick ratio
Why n/m

A property trust presents an unclassified balance sheet: buildings are long-lived assets and mortgage debt is drawn against them, so there is no split between current and non-current for a current ratio to divide. Look at net debt to EBITDA and interest coverage instead.

n/m ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Interest coverage0.46x ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Altman Z-score
Why n/m

Altman's Z-Score rewards working capital and asset turnover, neither of which a property trust has. It reads distress for healthy REITs by construction, so we do not show it.

n/m ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Net debt
Why n/a

The FY2025 balance sheet carries no net debt we could read.

n/a ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Total assets 1.89BTotal liabilities 1.59BShareholders' equity 295.5MOwnsOwes, and equity
Total assets Total liabilities Shareholders’ equity
The balance sheet, line by line

Financial health

What NexPoint Residential Trust, Inc owned and owed at the end of fiscal 2025, from the balance sheet it filed (10-K, filed Feb 26, 2026, 0001193125-26-077343).

NexPoint Residential Trust, Inc: balance sheet position
Total assets1.89B FiledFY2025 10-K, filed Feb 26, 2026
Total liabilities1.59B FiledFY2025 10-K, filed Feb 26, 2026
Shareholders' equity295.5M FiledFY2025 10-K, filed Feb 26, 2026
Cash13.7M FiledFY2025 10-K, filed Feb 26, 2026
Total debtn/a FiledFY2025 10-K, filed Feb 26, 2026
Net debtn/a
Current ration/m
Debt to equityn/a
  • Debt to equity: FY2025: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
  • Current ratio: FY2025: A property trust presents an unclassified balance sheet: buildings are long-lived assets and mortgage debt is drawn against them, so there is no split between current and non-current for a current ratio to divide. Look at net debt to EBITDA and interest coverage instead.

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

NexPoint Residential Trust, Inc: what the market charges, each with its source
FigureValue, source and document
Price to earnings
Why n/m

GAAP earnings for a property trust are charged with depreciation on buildings that are generally appreciating, so a P/E built on them overstates how expensive the trust is. Use price to FFO.

n/m ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
P/E on trailing twelve months942.50x ComputedClose of Oct 14, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book1.57x ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Price to sales1.85x ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Enterprise value to EBIT
Why n/a

The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.

n/a ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Enterprise value to EBITDA
Why n/a

The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.

n/a ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Price to earnings over growth
Why n/m

GAAP earnings for a property trust are charged with depreciation on buildings that are generally appreciating, so a P/E built on them overstates how expensive the trust is. Use price to FFO.

n/m ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Diluted earnings per share-1.26 USD FiledFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Graham number
Why n/m

Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.

n/m ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343

We publish no fair value or price target of our own. Value NXRT on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for NexPoint Residential Trust, Inc today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

NexPoint Residential Trust, Inc: valuation
Share price18.29 USD
Market capitalisation464.8M USD
Enterprise value to EBITDAn/a
Graham numbern/m
Diluted earnings per share, FY2025-1.26 USD

Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since Aug 13, 2021: low 12.26x, median 43.59x, high 1063.75x, latest 942.50x. 680 trading days with a meaningful ratio, 616 more on a loss and left out. Each close over the trailing twelve months of earnings as known that day: a quarter counts from the day it was filed.

Companies like NexPoint Residential Trust, Inc

  1. BrightSpire Capital, Inc. (BRSP)Market cap 468.1M USD
  2. Brandywine Realty Trust (BDN)Market cap 437.0M USD
  3. FrontView REIT, Inc. (FVR)Market cap 409.4M USD
  4. Redwood Trust, Inc. (RWT)Market cap 370.5M USD
  5. JBG SMITH Properties (JBGS)Market cap 641.4M USD

Same sector (Real Estate) and size band (Small, 300M to 2B), nearest in market value and net margin. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

NexPoint Residential Trust, Inc: cash generation and what is paid out, each with its source
FigureValue, source and document
Free cash flow yield
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Free cash flow
Why n/a

The FY2025 filing carries no free cash flow we could read.

n/a ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Free cash flow margin
Why n/a

No free cash flow, and no operating cash flow and capital expenditure pair, is filed for this year.

n/a ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Dividend yield11.6% ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Payout ratio
Why n/m

A REIT pays out of funds from operations, not GAAP earnings. A payout ratio on earnings reads far above 100% for a perfectly safe distribution. Use the FFO payout ratio.

n/m ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
FY2016 Net income: 21.9M USDFY2017 Net income: 53.4M USDFY2018 Net income: -1.6M USDFY2019 Net income: 99.1M USDFY2020 Net income: 44.0M USDFY2021 Net income: 23.0M USDFY2022 Net income: -9.3M USDFY2023 Net income: 44.3M USDFY2024 Net income: 1.1M USDFY2025 Net income: -32.0M USD
Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filingMarket data

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

NexPoint Residential Trust, Inc.: the eight ratios, with the fiscal year and filing date behind each.
FigureValueYearAs of
n/mFY2025Oct 14, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
1.57xFY2025Oct 14, 2026
n/aFY2025Oct 14, 2026
n/a The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
n/aFY2025Oct 14, 2026
n/a The filed cash flow statement reports neither free cash flow nor the operating cash flow and capital spending it is built from.
n/aFY2025Feb 26, 2026
n/a The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
11.6%FY2025Oct 14, 2026
n/aFY2025Feb 26, 2026
n/a The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
n/mFY2025Feb 26, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
1.85xFY2025Oct 14, 2026
n/mFY2025Oct 14, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
n/mFY2025Oct 14, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
n/mFY2025Feb 26, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
n/mFY2025Feb 26, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.

The figures are computed from the accounts for fiscal 2025, the newest full year on file. 12 filed fiscal years on record, FY2013 to FY2025, from SEC EDGAR. Prices as of Oct 14, 2026. Ratios recomputed Oct 14, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 filed fiscal years, FY2016 to FY2025, read from the annual reports NexPoint Residential Trust, Inc filed with the SEC. Each year names its filing. Amounts in USD, as filed.

NexPoint Residential Trust, Inc: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
YearRevenueOperating incomeNet incomeEPS, dilutedFree cash flowOperating marginReturn on equityFiling
FY2025251.3M27.9M-32.0M-1.26n/a11.1%-10.8%10-K, Feb 26, 20260001193125-26-077343
FY2024259.7M83.6M1.1M0.04n/a32.2%0.3%10-K, Feb 26, 20250000950170-25-027741
FY2023277.5M113.2M44.3M1.69n/a40.8%8.9%10-K, Feb 27, 20240000950170-24-021143
FY2022264.0M46.3M-9.3M-0.36n/a17.5%-1.8%10-K, Feb 24, 20230001564590-23-002337
FY2021219.2M64.4M23.0M0.89n/a29.4%4.9%10-K, Feb 18, 20220001564590-22-005606
FY2020204.8M82.7M44.0M1.74n/a40.4%10.8%10-K, Feb 22, 20210001564590-21-007197
FY2019181.1M142.6M99.1M4.03n/a78.8%23.3%10-K, Feb 21, 20200001564590-20-005798
FY2018146.6M30.5M-1.6M-0.08n/a20.8%-0.5%10-K, Feb 19, 20190001564590-19-003281
FY2017144.2M91.7M53.4M2.49n/a63.5%22.3%10-K, Feb 15, 20180001564590-18-002112
FY2016132.8M21.8M21.9M1.03n/a16.4%9.4%10-K, Mar 15, 20170001564590-17-004340
  • Revenue, compound annual growth FY2016 to FY2025: 7.3%
  • Earnings: Earnings was not positive in both 2016 and 2025, so a compound rate across the window is not defined. Both figures are in the table.
  • Earnings per share: Earnings per share was not positive in both 2016 and 2025, so a compound rate across the window is not defined. Both figures are in the table.
  • Free cash flow: Fewer than two filed years carry free cash flow.

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

NexPoint Residential Trust, Inc: accounting screens and published tests, each with its source
FigureValue, source and document
Beneish M-score
Why n/m

The Beneish M-Score is built on gross margin, receivables and asset quality indices estimated on non-financial firms. Those inputs are not defined here.

n/m ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Piotroski F-score
Why n/m

2 of the nine Piotroski signals are undefined for an equity REIT: signal 6 (rising current ratio), signal 8 (rising gross margin). We do not publish a partial score under the full score's name.

n/m ComputedFY2025 10-K, filed Feb 26, 2026, 0001193125-26-077343
Named tests met1 of 30 Computed
Beta0.79 ComputedClose of Oct 14, 2026

The named tests

Of 30 tests value investors published: 1 met, 15 not met, 14 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)
Meets
Owner earnings yield
Does not
Defensive investor (Benjamin Graham); Deep value; Large cap, low P/E; High F-score, low P/B (Joseph Piotroski); High returns and growth; Gross margin, turnover (Robert Novy-Marx); EV/EBITDA and coverage; Low beta, profitable; Z-score and coverage (Edward Altman); High returns, low debt; High return on tangibles; Low P/S, rising earnings (James O'Shaughnessy); Book or below, low debt (Walter Schloss); Tangible book or below; Cheapest quarter on P/B (David Dreman)
Not measured
Earnings yield and ROIC (Joel Greenblatt); Three forensic scores; Low PEG, low debt (Peter Lynch); High yield, low payout; Dividends and buybacks; ROIC at or above WACC; Near the 52-week low; Two thirds of NCAV (Benjamin Graham); P/E times P/B (Benjamin Graham); Cash-covered dividend; Cash-flow yield and ROIC; Clean books, high ROIC; Cheapest quarter on P/E (David Dreman); Low P/E, growth, yield (John Neff). A test with a figure we could not read is incomplete, never met and never failed.
Figures we could not read(19)
  • Current Ratio: A property trust presents an unclassified balance sheet: buildings are long-lived assets and mortgage debt is drawn against them, so there is no split between current and non-current for a current ratio to divide. Look at net debt to EBITDA and interest coverage instead.
  • Debt to Equity: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
  • Piotroski F-Score: 2 of the nine Piotroski signals are undefined for an equity REIT: signal 6 (rising current ratio), signal 8 (rising gross margin). We do not publish a partial score under the full score's name.
  • P/E Ratio: GAAP earnings for a property trust are charged with depreciation on buildings that are generally appreciating, so a P/E built on them overstates how expensive the trust is. Use price to FFO.
  • EV/EBIT: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
  • Return on Invested Capital: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
  • Altman Z-Score: Altman's Z-Score rewards working capital and asset turnover, neither of which a property trust has. It reads distress for healthy REITs by construction, so we do not show it.
  • Beneish M-Score: The Beneish M-Score is built on gross margin, receivables and asset quality indices estimated on non-financial firms. Those inputs are not defined here.
  • PEG Ratio: GAAP earnings for a property trust are charged with depreciation on buildings that are generally appreciating, so a P/E built on them overstates how expensive the trust is. Use price to FFO.
  • Eps Growth 5Y: We do not hold this figure for this company, so there is nothing to show.
  • Gross Margin: This filer reports no gross profit line, so there is no gross margin to compute. Banks, insurers and REITs do not present cost of revenue.
  • EV/EBITDA: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
  • Payout Ratio: A REIT pays out of funds from operations, not GAAP earnings. A payout ratio on earnings reads far above 100% for a perfectly safe distribution. Use the FFO payout ratio.
  • Free Cash Flow Yield: We do not hold this figure for this company, so there is nothing to show.
  • ROIC-WACC Spread: The debt total on file was summed from short-term debt, long-term debt and lease obligations, and at least one of those was never captured. An absent term is spent as a zero inside that sum, and this balance sheet does not show the term is empty, so we will not build a leverage ratio, an enterprise value or a return on capital on it, or rank the company on one.
  • Price To Ncav: Net current asset value needs current assets, which an unclassified balance sheet does not report.
  • Price To Graham: Earnings are zero or negative, so a price to earnings multiple is not meaningful. A negative P/E is not a cheap company and a large positive one from a near-zero denominator is not an expensive one.
  • Capex To Ocf: We do not hold this figure for this company, so there is nothing to show.
  • Dividend Coverage Ratio: Distribution coverage for a REIT is measured against funds from operations, not against free cash flow computed after acquisition capital expenditure.

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by the founder: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

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What this cannot tell you

  • 19 figures could not be read on this company, among them Current Ratio, Debt to Equity, Piotroski F-Score. Each blank in the table above names the rest, with its reason. 14 named tests come back incomplete because of them, which is neither met nor missed.

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

No card. 30 free days, and nothing is charged unless you choose a plan.

Analyze your own portfolio

ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Once a week, what changed in the filings of US-listed companies, why it can matter to a thesis, and what deserves a closer review. Grounded in filings, not market noise.

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ValueScreener

Discover companies, research each one to its filings, track what matters, and take your work into your own spreadsheet.

ValueScreener is a trading name of Oliva Real Estate Technologies LLC, a Delaware limited liability company. Legal notices: legal@valuescreener.ai. © 2026 Oliva Real Estate Technologies LLC. All rights reserved.

Risk disclaimer. This service is provided for research and education only. Nothing on it is investment advice, a recommendation, or an offer to buy or sell any security. Capital is at risk, and past performance does not indicate future results. Figures come from filed accounts and may be incomplete, delayed or later restated, so verify a number against the filing before you act on it.