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NLOP

HOLDFLAG

Net Lease Office Properties · Real Estate · United States · $168M · Avg Vol: $2M/d

54
StockRank
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Q
38
V
49
M
61
P/E (TTM)
—
ROE
-13.5%
D/E
0.1x
Dividend %
—
Dir. Trades · 180d
None →
Buybacks · 180d
None →
AI CONVICTION THESIS

Net Lease Office Properties clears the floor (Q53 V63 M74) but Q53 keeps it off the all-above-60 route with no corroborating filing. A wind-down office REIT is a liquidation story rather than a compounding one, which no factor score captures.

COMPANY DESCRIPTION

Net Lease Office Properties is a real estate investment trust (REIT) focused on managing a portfolio of high-quality, single-tenant office properties leased to corporate tenants. The company operates under long-term, triple-net lease agreements, which transfer operating expenses to tenants and provide stable cash flows. Its competitive moat is supported by the creditworthiness of its tenant base and a strategic focus on asset monetization.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM
Revenue156.2M175.0M142.2M118.9M-8.7%65.4M
EPS1.08-9.00-6.18-9.81—-3.07
Shares14.3M14.6M14.8M14.8M+3.9%14.8M
Debt276.1M542.0M169.2M21.9M-57.0%21.9M
Equity1.1B677.0M581.2M293.9M-35.7%—
Op CF84.3M71.0M71.9M64.1M-8.7%48.2M
Inv CF-22.9M27.7M297.7M208.2M——
Fin CF-64.5M-36.8M-368.0M-218.9M——
Loading 1Y...
PRICE (1Y)+1.0%
11.0111.2711.5311.7912.05Jul 1Jul 23Aug 12
SMA 50SMA 200

Close
$11.57
RSI (14)
46.9
52W High
$13.50
From 52W High
0.9%

SCORE BREAKDOWN

Quality
38
ROIC
-13.0%3.3
ROE
-13.5%6.9
GP/Assets
12.6%83.6
Op. Margin
10.0%28.8
FCF/Assets
-1.0%13.6
Piotroski
660.7
Int. Cover
-12.4x1.7
D/E Ratio
0.13x92.3
Current Ratio
0.86x33.4
Value
49
P/E (TTM)
—N/A
EV/EBITDA
4.0x96.0
P/FCF
—N/A
P/B
1.0x40.5
P/S
2.6x60.6
Div Yield
—N/A
Momentum
61
52W High %
86%51.1
RS 6M
5%83.5
SMA 50/200
1.04x75.7
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$168M
P/E (Forward)
—
Gross Margin
87.7%

SECTOR PEERS

Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of NLOP are excluded.

TickerCompanyMkt CapStockRankSignal
NLOPNet Lease Office Properties(you)$168M54HOLD
ONLOrion Properties Inc.$148M58HOLD
BDNBrandywine Realty Trust$551M45HOLD
HPPHudson Pacific Properties, Inc.$834M51HOLD
FSPFranklin Street Properties Corp.$53M29SELL
PSTLPostal Realty Trust, Inc.$902M71BUY
DEAEasterly Government Properties, Inc.$1.2B66BUY
OPIOffice Properties Income Trust$403M15STRONG SELL
PDMPiedmont Realty Trust, Inc.$1.2B72BUY
ESBAEmpire State Realty OP, L.P.$1.5B34SELL

Peer medians: ROE 5.0% · P/E 26.5x · Gross margin 67.3%

Net Lease Office Properties (NLOP): Stock Score Summary

Net Lease Office Properties (NLOP) has a MoatMap StockRank of 54/100 based on Quality (38/100), Value (49/100), and Momentum (61/100) factor scores. The current signal is HOLD. Net Lease Office Properties clears the floor (Q53 V63 M74) but Q53 keeps it off the all-above-60 route with no corroborating filing. A wind-down office REIT is a liquidation story rather than a compounding one, which no factor score captures.

Net Lease Office Properties is a real estate investment trust (REIT) focused on managing a portfolio of high-quality, single-tenant office properties leased to corporate tenants. The company operates under long-term, triple-net lease agreements, which transfer operating expenses to tenants and provide stable cash flows. Its competitive moat is supported by the creditworthiness of its tenant base and a strategic focus on asset monetization.

Key Financial Metrics

Price$11.57
Market Cap$168M
Price/Book1.04
Return on Equity-13.5%
Return on Invested Capital-13.0%
Debt/Equity0.13x
Gross Margin87.7%
Operating Margin10.0%
Revenue Growth-76.9%
Free Cash Flow$-5M

Net Lease Office Properties operates in the REIT - Office industry, part of the Real Estate sector (United States).

Frequently Asked Questions

What is Net Lease Office Properties’s (NLOP) StockRank?
MoatMap’s StockRank for Net Lease Office Properties (NLOP) is 54/100, with a Hold signal. It is a composite of Quality (38), Value (49), and Momentum (61) factor ranks across MoatMap’s 20,000+ stock universe.
Does Net Lease Office Properties have an economic moat?
Net Lease Office Properties (NLOP) has a Quality factor score of 38/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Net Lease Office Properties a buy, hold, or sell?
MoatMap’s current signal for Net Lease Office Properties (NLOP) is Hold, based on a StockRank of 54/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Net Lease Office Properties in?
Net Lease Office Properties (NLOP) operates in the Real Estate sector, specifically the REIT - Office industry (United States).
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