Alexander's, Inc. (ALX) vs NETSTREIT Corp. (NTST)

Alexander's, Inc. and NETSTREIT Corp. are both Reit Retail companies. NETSTREIT Corp. is the larger, with a market value of $1.9B against $1.3B — 1.5× the size. Alexander's, Inc. trades at the lower P/E: 7.5× against 127×. NETSTREIT Corp. grew revenue faster over the last twelve months: 21.9% against −1.51%. Alexander's, Inc. has the higher net margin (79.1% vs 6.35%) and the higher return on invested capital (5.49% vs 1.39%). Both pay a dividend; Alexander's, Inc. yields more (6.23% vs 4.55%). Across the 22 metrics below, Alexander's, Inc. leads on 14 and NETSTREIT Corp. on 8.

Valuation

Metric ALX NTST Reit Retail median
P/E 7.52 127.43 24.82
P/S 5.94 8.09 6.69
P/B 5.71 1.12 1.75
Price to free cash flow 5.79 n/m 13.29
EV/EBITDA 16.49 18.88 15.42
EV/Sales 8.16 14.35 10.60
Earnings yield 13.31% 0.78% 3.91%
Free cash flow yield 17.27% (37.64%) 2.98%

Profitability

Metric ALX NTST Reit Retail median
Gross margin 48.51% 90.40% 71.78%
Operating margin 28.61% 29.97% 34.62%
Net margin 79.06% 6.35% 27.14%
Free cash flow margin 102.58% (304.51%) 18.82%
Return on equity 92.02% 0.96% 7.05%
Return on assets 13.46% 0.52% 3.40%
Return on invested capital 5.49% 1.39% 3.18%

Growth

Metric ALX NTST Reit Retail median
Revenue growth (TTM) (1.51%) 21.93% 8.49%
EPS growth (last fiscal year) (34.99%) 150.00% —
Revenue growth, 5-year CAGR 1.37% 42.04% 8.62%
Net income growth, 5-year CAGR (7.62%) 58.59% 1.85%

Health

Metric ALX NTST Reit Retail median
Debt to equity 3.73 0.88 0.94
Current ratio 16.78 3.55 1.62
Net debt to EBITDA 5.76 7.56 5.40

Dividend

Metric ALX NTST Reit Retail median
Dividend yield 6.23% 4.55% 4.57%
Payout ratio 0.89 8.89 1.21

Size

Metric ALX NTST Reit Retail median
Market cap 1.25b 1.88b 3.65b

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