कंपनी का अवलोकन
New England Realty Associates Limited Partnership is a specialized entity focused on the acquisition, development, holding for investment, operation, and sale of real estate properties located within the United States. The firm manages a diverse portfolio that includes various residential buildings, as well as mixed-use properties encompassing retail and office spaces. Operating within the Real Estate sector under the Real Estate Services industry, the company functions as a key player in property management and asset disposition. The company holds a market capitalization of $210.00M and reports annual revenue of $90.67M, while the employee count is listed as N/A. These financial figures indicate a mid-sized operational scale that suggests the entity has established a significant presence in the regional property market without yet reaching the massive capitalization of large-scale REITs.
वित्तीय स्वास्थ्य
The company recorded a total revenue of $90.67M over the trailing twelve months, generating a net income of $6.03M and an EBITDA of $46.49M. The substantial gap between the $90.67M revenue and the $6.03M net income reveals a cost structure where operating expenses, including taxes and interest, consume a significant portion of gross earnings before arriving at the bottom line. Despite the lower net income, the high EBITDA of $46.49M demonstrates strong operational cash generation capabilities before financing costs and depreciation. The firm maintains a free cash flow of $23.55M, which provides a robust buffer for financial flexibility to fund operations or return capital to stakeholders. Profitability is further contextualized by a Gross Margin of 67.6%, an Operating Margin of 17.4%, and a Profit Margin of 6.7%. These margins indicate that while the core property operations are highly profitable, significant costs related to management, debt servicing, and taxes reduce the final profit retained by shareholders. Regarding liquidity and leverage, the company holds $26.88M in cash against a total debt obligation of $527.60M. The absence of a provided Debt to Equity ratio and the high absolute debt level suggest a leveraged balance sheet reliant on current cash flows for service. The Current Ratio stands at 0.86, which indicates that the company's current assets are insufficient to cover its current liabilities without relying on external financing or asset liquidation. Additionally, Return on Equity is listed as N/A, while Return on Assets is 3.2%. These return metrics reveal that the company generates a modest return on its total asset base, which is typical for asset-heavy real estate entities where equity returns are heavily influenced by debt levels and market valuations.
मूल्यांकन आकलन
The stock carries a Trailing Twelve Months P/E Ratio of 35.16, while the Forward P/E is listed as N/A. The lack of a forward P/E figure implies that analysts or the company have not yet provided consensus estimates for future earnings, making the trailing P/E the primary gauge of current market pricing relative to historical profits. The Price to Book ratio is reported as -2.86, a negative figure that indicates the market values the company at a significant discount to its book value, often reflecting the accounting treatment of real estate assets or specific corporate liabilities. Alternative valuation metrics include a Price to Sales ratio of 2.32 and an EV/EBITDA of 10.90. These alternative metrics suggest that the market is valuing the company based on its revenue generation and enterprise-level earnings power rather than strictly on net income or book value. In terms of trading range, the stock has seen a 52-week high of $80.01 and a 52-week low of $56.00. The current trading price sits within this range, specifically trading below the recent peak of $80.01 but above the support level of $56.00. The Beta is recorded at 0.17, which signifies that the stock's price volatility is significantly lower than that of the broader market. This low beta suggests that the stock is less sensitive to general market fluctuations, offering a relatively stable price action compared to high-beta equities.
Growth & Income
Revenue growth over the year-over-year period stands at 15.9%, whereas Earnings Growth is listed as N/A. The absence of reported earnings growth data prevents a direct comparison of earnings acceleration against revenue expansion, but the strong revenue growth indicates a successful top-line expansion in property acquisitions or sales. For dividend payers, the company offers a Dividend Yield of 2.7% with a Payout Ratio of 93.7%. This extremely high payout ratio suggests that the company is distributing nearly all of its available earnings to shareholders, which limits the capacity for internal reinvestment or significant dividend increases. Given the N/A status for earnings growth and the high payout ratio, the sustainability of the dividend relies heavily on stable cash flows and the ability to maintain current earnings levels without relying on new debt financing. Overall, the growth and income profile is characterized by moderate revenue expansion supported by a high-yield dividend policy that prioritizes immediate shareholder return over aggressive internal capital deployment.