NREF (NREF)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$4.65B
EV / Sales31.51
EV / EBITDA30.24
EV / Operating Cash Flow285.57
EV / Free Cash Flow285.57

Return Metrics (TTM)

Return on Equity (ROE)17.22%
Return on Assets (ROA)1.98%
Return on Invested Capital (ROIC)2.81%
Return on Capital Employed (ROCE)2.90%

Yield Metrics

Earnings Yield32.82%
Free Cash Flow Yield5.09%

Balance Sheet Strength

Net Debt / EBITDA28.16
Current Ratio0.44
Working Capital-$92.06M
Tangible Asset Value$849.29M
Net Current Asset Value-$4.31B

Working Capital Efficiency

Days Sales Outstanding117.03
Days Payables Outstanding404.79
Operating Cycle (Days)117.03
Cash Conversion Cycle-287.76

Capital Allocation

CapEx / Revenue0.00%
CapEx / Operating Cash Flow0.00%
R&D / Revenue0.00%
SG&A / Revenue10.29%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin88.88%
Operating Margin129.73%
Net Profit Margin83.33%

Solvency

Debt / Equity5.95
Quick Ratio0.31
Cash Ratio0.11

Per Share

Revenue / Share$7.11
FCF / Share$1.29
PE Ratio3.29