CBL & Associates Properties, Inc. (CBL) vs NETSTREIT Corp. (NTST)

CBL & Associates Properties, Inc. and NETSTREIT Corp. are both Reit Retail companies. NETSTREIT Corp. is the larger, with a market value of $1.9B against $1.6B — 1.2× the size. CBL & Associates Properties, Inc. trades at the lower P/E: 7.4× against 127×. NETSTREIT Corp. grew revenue faster over the last twelve months: 21.9% against 9.03%. CBL & Associates Properties, Inc. has the higher net margin (36.4% vs 6.35%) and the higher return on invested capital (45.5% vs 1.39%). Both pay a dividend; CBL & Associates Properties, Inc. yields more (6.42% vs 4.55%). Across the 22 metrics below, CBL & Associates Properties, Inc. leads on 14 and NETSTREIT Corp. on 8.

Valuation

Metric CBL NTST Reit Retail median
P/E 7.37 127.43 24.82
P/S 2.67 8.09 6.69
P/B 3.72 1.12 1.75
Price to free cash flow 13.29 n/m 13.29
EV/EBITDA 3.86 18.88 15.42
EV/Sales 2.32 14.35 10.60
Earnings yield 13.56% 0.78% 3.91%
Free cash flow yield 7.53% (37.64%) 2.98%

Profitability

Metric CBL NTST Reit Retail median
Gross margin 65.04% 90.40% 71.78%
Operating margin 27.20% 29.97% 34.62%
Net margin 36.36% 6.35% 27.14%
Free cash flow margin 20.07% (304.51%) 18.82%
Return on equity 61.12% 0.96% 7.05%
Return on assets 8.16% 0.52% 3.40%
Return on invested capital 45.53% 1.39% 3.18%

Growth

Metric CBL NTST Reit Retail median
Revenue growth (TTM) 9.03% 21.93% 8.49%
EPS growth (last fiscal year) 132.09% 150.00% —
Revenue growth, 5-year CAGR 0.09% 42.04% 8.62%
Net income growth, 5-year CAGR 0.00% 58.59% 1.85%

Health

Metric CBL NTST Reit Retail median
Debt to equity 0.00 0.88 0.94
Current ratio 0.11 3.55 1.62
Net debt to EBITDA (0.44) 7.56 5.40

Dividend

Metric CBL NTST Reit Retail median
Dividend yield 6.42% 4.55% 4.57%
Payout ratio 0.00 8.89 1.21

Size

Metric CBL NTST Reit Retail median
Market cap 1.62b 1.88b 3.65b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack