Is National Retail Properties Inc (NNN) overvalued? · P/E 20, rev $869.3M
National Retail Properties Inc (NNN) is a reit - retail company listed on US.
This page asks whether National Retail Properties Inc (NNN) looks expensive on cached numbers — not a short thesis.
Latest reported NNN revenue for 2024-12-31 was $869.3M. Net income was $396.8M. Revenue was up 5.0% from 2023-12-31 to 2024-12-31. NNN currently screens at market cap $8.21B and trailing P/E 20.4.
NNN currently screens at market cap $8.21B and trailing P/E 20.4. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next NNN 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the NNN stock page for the full model, not this heading.
Not investment advice.