📊 NTST Key Takeaways
Is NTST a Good Investment? Thesis Analysis
NETSTREIT demonstrates solid revenue growth (+19.8% YoY) and exceptional free cash flow generation (56.2% FCF margin) characteristic of a mature REIT, but profitability metrics are concerning with minimal net margins (3.5%) and extremely weak returns on equity (0.5%) and assets (0.3%). The interest coverage ratio of 0.1x indicates potential debt servicing challenges that warrant careful monitoring.
Why Buy NTST? Key Strengths
- Strong revenue growth of 19.8% YoY demonstrates business expansion
- Exceptional free cash flow margin of 56.2% indicates efficient capital conversion
- Healthy debt-to-equity ratio of 0.76x provides moderate leverage balance
- Substantial asset base of $2.6B with reasonable equity cushion of $1.4B
NTST Investment Risks to Consider
- Critical interest coverage ratio of 0.1x suggests inability to cover interest expenses from operating income, indicating potential refinancing or financial distress risk
- Severely depressed returns on equity (0.5%) and assets (0.3%) indicate capital is not generating adequate returns despite revenue growth
- Net margin of only 3.5% leaves minimal buffer for operational challenges or market downturns
- Long-term debt of $1.1B represents 79% of stockholders equity, creating refinancing risk
- Minimal cash position of $14.5M relative to $2.6B in assets raises liquidity concerns
Key Metrics to Watch
- Interest coverage ratio improvement - critical indicator of debt sustainability
- Net profit margin expansion - need to demonstrate improved operational efficiency
- Operating cash flow stability - verify if 56.2% FCF margin is sustainable
- Long-term debt trajectory - monitor refinancing activities and covenant compliance
- Return on equity trend - assess whether capital deployment is becoming more efficient
NTST Financial Metrics
💡 AI Analyst Insight
The 56.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
NTST Profitability Ratios
NTST vs Default Sector
How NETSTREIT Corp. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is NTST Overvalued or Undervalued?
Based on fundamental analysis, NETSTREIT Corp. shows some fundamental concerns relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
NTST Balance Sheet & Liquidity
NTST 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: NETSTREIT Corp.'s revenue has grown significantly by 103% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.11 reflects profitable operations.
NTST Growth Metrics (YoY)
NTST Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $41.4M | $618.0K | $0.01 |
| Q2 2025 | $39.6M | -$1.2M | $-0.02 |
| Q1 2025 | $37.7M | $1.0M | $0.01 |
| Q3 2024 | $34.0M | $4.2M | $0.06 |
| Q2 2024 | $31.6M | $681.0K | $0.01 |
| Q1 2024 | $29.5M | $1.0M | $0.01 |
| Q3 2023 | $25.0M | $1.4M | $0.03 |
| Q2 2023 | $22.6M | $681.0K | $0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
NTST Capital Allocation
NTST SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for NETSTREIT Corp. (CIK: 0001798100)
📋 Recent SEC Filings
❓ Frequently Asked Questions about NTST
What is the AI rating for NTST?
NETSTREIT Corp. (NTST) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are NTST's key strengths?
Claude: Strong revenue growth of 19.8% YoY demonstrates business expansion. Exceptional free cash flow margin of 56.2% indicates efficient capital conversion.
What are the risks of investing in NTST?
Claude: Critical interest coverage ratio of 0.1x suggests inability to cover interest expenses from operating income, indicating potential refinancing or financial distress risk. Severely depressed returns on equity (0.5%) and assets (0.3%) indicate capital is not generating adequate returns despite revenue growth.
What is NTST's revenue and growth?
NETSTREIT Corp. reported revenue of $195.0M.
Does NTST pay dividends?
NETSTREIT Corp. pays dividends, with $70.2M distributed to shareholders in the trailing twelve months.
Where can I find NTST SEC filings?
Official SEC filings for NETSTREIT Corp. (CIK: 0001798100) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NTST's EPS?
NETSTREIT Corp. has a diluted EPS of $0.08.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is NTST a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, NETSTREIT Corp. has a HOLD rating with 62% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is NTST stock overvalued or undervalued?
Valuation metrics for NTST: ROE of 0.5% (sector avg: 15%), net margin of 3.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy NTST stock in 2026?
Our dual AI analysis gives NETSTREIT Corp. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is NTST's free cash flow?
NETSTREIT Corp.'s operating cash flow is $109.5M, with capital expenditures of N/A. FCF margin is 56.2%.
How does NTST compare to other Default stocks?
Vs Default sector averages: Net margin 3.5% (avg: 12%), ROE 0.5% (avg: 15%), current ratio N/A (avg: 1.8).