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NSI.AS$17.38-1.14%
Fair $17.38+0.0%

NSI.AS

NSI N.V.

Real Estate / REIT - OfficeAmsterdam

$17.38

-0.20 (-1.14%)

Fairly Valued+0.0%Fair Value $17.38Fund rank 33/100 · Data gapFallback financials|
SA 18/F
F-Score: 3/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

FCF escenarios

weak_data · normalized FCF n/d · quality 0.0/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 76/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

18/100

F

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. ROE is -1.5%, below the 5% threshold
Thesis & Journal · NSI.ASLocal privado en este navegador · NSI N.V.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$339M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-1.5%

↓

Gross Margin

81.6%

↑

Debt/Equity

0.56

↓
52-Week Range$17
$17$25

TradingView lightweight chart

NSI.AS price, volumen y niveles de valoración

Último $17.38Periodo -89.3%
Fair value: $17.38

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+1.2%

FCF CAGR

-0.8%

FCF margin

56.3%

FCF / Net income

-4.25x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $73.9M · net income $-9.8M · FCF $41.6M

2022-FY → 2025-FY

Gross margin

81.6%-1.5% pts

Operating margin

70.3%-0.9% pts

Net margin

-13.3%+30.7% pts

FCF margin

56.3%-3.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$73.9M$73.9M$72.7M$71.2M$71.3M
Net Income$-9.8M$-9.8M$12.4M$-142.4M$-31.4M
EBITDA$-2.7M$-2.7M$26.1M$-171.6M$-22.5M
EPS-0.51-0.510.63-7.08-1.58
Gross Margin81.6%81.6%84.0%82.1%83.2%
Operating Margin70.3%70.3%72.6%69.2%71.2%
Net Margin-13.3%-13.3%17.0%-200.0%-44.0%
Balance Sheet
Debt/Equity0.560.560.520.490.41
Cash Flow
Free Cash Flow$41.6M$41.6M$39.6M$41.6M$42.7M
Returns
ROE-1.5%-1.5%1.8%-20.1%-3.5%
Valuation
P/E——30.48——
EV/EBITDA——27.48——
P/B0.530.530.560.540.52
Growth & Yield
Revenue Growth1.6%1.6%2.2%-0.2%—
EPS Growth-181.0%-181.0%108.9%-348.1%—
Dividend Yield9.6%9.6%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -17.0%

Total return

-17.0%

Start / end P/E

n/dx → n/dx

EPS bridge

0.63 → -0.51

Residual

-26.5%

EPS growthn/d
Multiple reratingn/d
Dividend+9.6%
Residual / FX / buybacks / cross-term-26.5%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.