$19.63
-0.66%NETSTREIT is an internally managed Real Estate Investment Trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets. Led by a management team of seasoned commercial real estate executives, NETSTREIT's strategy is to create the highest quality net lease retail portfolio in the country with the goal of generating consistent cash flows and dividends for its investors.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $133.0M | $161.4M | $196.0M | $237.9M | $288.9M | $350.7M | $425.8M | $517.0M | $627.7M | $762.0M |
| Maintenance CapEx | -$12.6K | -$15.3K | -$18.6K | -$22.6K | -$27.4K | -$33.3K | -$40.4K | -$49.1K | -$59.6K | -$72.4K |
| Owner Earnings | $132.9M | $161.4M | $196.0M | $237.9M | $288.9M | $350.7M | $425.8M | $516.9M | $627.6M | $762.0M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $123.1M | $138.4M | $155.6M | $174.9M | $196.6M | $221.0M | $248.4M | $279.3M | $314.0M | $352.9M |
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Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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