Broadstone Net Lease, Inc.
Broadstone Net Lease, Inc. Fundamental Analysis
Broadstone Net Lease, Inc. (BNL) shows weak financial fundamentals with a PE ratio of 34.83, profit margin of 22.66%, and ROE of 3.54%. The company generates $0.5B in annual revenue with weak year-over-year growth of -2.50%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 39.4/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze BNL's fundamental strength across five key dimensions:
Efficiency Score
WeakBNL struggles to generate sufficient returns from assets.
Valuation Score
ModerateBNL shows balanced valuation metrics.
Growth Score
WeakBNL faces weak or negative growth trends.
Financial Health Score
ExcellentBNL maintains a strong and stable balance sheet.
Profitability Score
ModerateBNL maintains healthy but balanced margins.
Key Financial Metrics
Is BNL Expensive or Cheap?
P/E Ratio
BNL trades at 34.83 times earnings. This suggests a premium valuation.
PEG Ratio
When adjusting for growth, BNL's PEG of 0.64 indicates potential undervaluation.
Price to Book
The market values Broadstone Net Lease, Inc. at 1.23 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 2.69 times EBITDA. This is generally considered low.
How Well Does BNL Make Money?
Net Profit Margin
For every $100 in sales, Broadstone Net Lease, Inc. keeps $22.66 as profit after all expenses.
Operating Margin
Core operations generate 50.25 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $3.54 in profit for every $100 of shareholder equity.
ROA
Broadstone Net Lease, Inc. generates $1.80 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Broadstone Net Lease, Inc. generates strong operating cash flow of $300.67M, reflecting robust business health.
Free Cash Flow
Broadstone Net Lease, Inc. generates strong free cash flow of $300.67M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $1.59 in free cash annually.
FCF Yield
BNL converts 8.35% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
34.83
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.64
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.23
vs 25 benchmark
P/S Ratio
Price to sales ratio
7.92
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.90
vs 25 benchmark
Current Ratio
Current assets to current liabilities
288.34
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.04
vs 25 benchmark
ROA
Return on assets percentage
0.02
vs 25 benchmark
ROCE
Return on capital employed
0.04
vs 25 benchmark
How BNL Stacks Against Its Sector Peers
| Metric | BNL Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 34.83 | 24.42 | Worse (Expensive) |
| ROE | 3.54% | 679.00% | Weak |
| Net Margin | 22.66% | 4578.00% | Weak |
| Debt/Equity | 0.90 | -22.07 (disorted) | Distorted |
| Current Ratio | 288.34 | 14.99 | Strong Liquidity |
| ROA | 1.80% | -1370.00% (disorted) | Weak |
BNL outperforms its industry in 1 out of 6 key metrics, but lagging in P/E Ratio.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Broadstone Net Lease, Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
18.03%
Industry Style: Income, Inflation Hedge, REIT
High GrowthEPS CAGR
67.12%
Industry Style: Income, Inflation Hedge, REIT
High GrowthFCF CAGR
53.13%
Industry Style: Income, Inflation Hedge, REIT
High Growth