公司概述
New England Realty Associates Limited Partnership operates within the real estate sector, specifically focusing on real estate services, where it engages in the acquisition, development, holding, operation, and sale of properties across the United States. The firm maintains a portfolio comprising various residential buildings alongside mixed-use assets that integrate residential, retail, and office components. As of the latest data, the company possesses a market capitalization of $210.00M and generates annual revenue of $90.67M, while the specific count of employees is not disclosed in the available records. These valuation and revenue figures indicate that the entity operates as a mid-sized player in the broader real estate services landscape, suggesting a focus on specialized property management rather than mass-market scale operations.
财务健康
The company reported a trailing twelve-month revenue of $90.67M with a net income of $6.03M and an EBITDA of $46.49M, revealing a significant disparity between top-line performance and bottom-line profitability that points to substantial operating expenses or interest costs. Despite the revenue figure, the net income margin is compressed, indicating that a large portion of gross receipts is consumed by costs before reaching the bottom line. The firm generated $23.55M in free cash flow, which provides a buffer for capital expenditures or debt servicing, though the total debt load stands at $527.60M. With a cash balance of $26.88M against debt of $527.60M, the balance sheet appears highly leveraged, as the current cash reserves are insufficient to cover total obligations without refinancing or additional financing. The current ratio is recorded at 0.86, which indicates that the company's current assets fall short of covering its current liabilities, signaling potential short-term liquidity constraints. Additionally, the return on equity is listed as N/A due to the negative price-to-book ratio, while the return on assets stands at 3.2%, reflecting a relatively low efficiency in generating profit relative to the total asset base employed.
估值评估
The valuation metrics present a mixed picture, with a trailing P/E ratio of 35.16 compared to an unavailable forward P/E, implying that future earnings expectations are not currently quantified in a way that allows for a comparative multiple analysis. The price-to-book ratio is negative at -2.86, indicating that the market values the company at less than the sum of its book value, a situation often seen in distressed or heavily leveraged real estate firms. Alternative valuation measures show a price-to-sales ratio of 2.32 and an EV/EBITDA of 10.90, suggesting that investors are willing to pay a premium relative to sales but the enterprise value relative to earnings remains moderate. The stock has traded between a 52-week low of $56.00 and a high of $80.01, meaning the current market price sits within this historical range but the specific percentage deviation from the high or low fluctuates daily without a static current price provided. The beta value is 0.17, which signifies that the stock's price volatility is significantly lower than the broader market, making it a less sensitive instrument to general market movements compared to the average equity.
Growth & Income
Revenue growth year-over-year is reported at 15.9%, while earnings growth is N/A, suggesting that the company is expanding its top line but the earnings trajectory is either flat or not fully captured in the current reporting period. The dividend yield stands at 2.7% with a payout ratio of 93.7%, indicating that the company distributes a very high percentage of its earnings to shareholders. Given the payout ratio exceeds 90%, the dividend sustainability is contingent upon maintaining or increasing net income, as there is little room for error in earnings before the payout becomes unsustainable. The overall growth and income profile reflects a mature asset play with strong revenue expansion supported by a high-yield distribution, though the lack of earnings growth data and high leverage requires careful monitoring of cash flow generation.