North European Oil Royalty Trust (NRT) 10-Year Financial Performance & Capital Metrics

NRT • • Industrial / General

EnergyOil & Gas E&PMineral & Royalty CompaniesRegional Royalty Focus

AboutNorth European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. The company has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. It holds royalties for the sale of gas well gas, oil well gas, crude oil, condensate, and sulfur. North European Oil Royalty Trust is based in Keene, New Hampshire.Show more

Revenue $6M -73.6%
EBITDA $5M -76.1%
Net Income $5M -76.1%
EPS (Diluted) 0.55 -76.1%
Gross Margin 100%
EBITDA Margin 86.37% -9.7%
Operating Margin 86.37% -9.7%
Net Margin 86.37% -9.7%
ROE 452.16% -87.3%
ROIC -
Debt/Equity -
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 3550.6%
✓FCF machine: 100.0% free cash flow margin
✓Momentum leader: RS Rating 86 (top 14%)
✓Healthy dividend yield of 5.4%
✓Healthy 5Y average net margin of 89.1%
✓Efficient asset utilization: 3.6x turnover

✗Weaknesses

✗Sales declining 6.9% over 5 years
✗Expensive at 54.2x book value

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-11.08%

5Y-6.87%

3Y8.35%

TTM18.55%

Profit (Net Income) CAGR

10Y-11.94%

5Y-7.77%

3Y8.35%

TTM24.05%

EPS CAGR

10Y-11.93%

5Y-7.68%

3Y8.55%

TTM24.58%

ROCE

10Y Avg5143.16%

5Y Avg2079.77%

3Y Avg2642.07%

Latest492.83%

Peer Comparison

Regional Royalty Focus

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CKXCKX Lands, Inc.	18.87M	9.19	76.58	2.39%	52.94%	2.52%	1.09%
GRNTGranite Ridge Resources, Inc	599.82M	4.57	32.64	-3.56%	8.38%	5.87%		0.32
VTSVitesse Energy, Inc.	764.19M	19.76	30.88	3.46%	7.7%	3.21%	5.19%	0.24
NRTNorth European Oil Royalty Trust	78.21M	8.51	15.47	-73.55%	87.18%	302.5%	7.49%

Profit & Loss

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Sales/Revenue+	12.4M	6.97M	7.77M	7.2M	8.36M	4.05M	4.6M	17.8M	22.14M	5.86M
Revenue Growth %	-0.35%	-0.44%	0.12%	-0.07%	0.16%	-0.52%	0.14%	2.87%	0.24%	-0.74%
Cost of Goods Sold+	0	0	0	0	0	0	587.48K	695.07K	957.07K	790.29K
COGS % of Revenue	-	-	-	-	-	-	0.13%	0.04%	0.04%	0.13%
Gross Profit+	12.4M	6.97M	7.77M	7.2M	8.36M	4.05M	4.6M	17.8M	22.14M	5.86M
Gross Margin %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Gross Profit Growth %	-0.35%	-0.44%	0.12%	-0.07%	0.16%	-0.52%	0.14%	2.87%	0.24%	-0.74%
Operating Expenses+	819.34K	824.37K	740.13K	795.09K	781.1K	766.51K	626.49K	713.92K	967.59K	797.87K
OpEx % of Revenue	0.07%	0.12%	0.1%	0.11%	0.09%	0.19%	0.14%	0.04%	0.04%	0.14%
Selling, General & Admin	819.34K	824.37K	740.13K	795.09K	781.1K	766.51K	626.49K	713.92K	967.59K	797.87K
SG&A % of Revenue	0.07%	0.12%	0.1%	0.11%	0.09%	0.19%	0.14%	0.04%	0.04%	0.14%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
Operating Margin %	0.93%	0.88%	0.9%	0.89%	0.91%	0.81%	0.86%	0.96%	0.96%	0.86%
Operating Income Growth %	-0.36%	-0.47%	0.14%	-0.09%	0.18%	-0.57%	0.21%	3.3%	0.24%	-0.76%
EBITDA+	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
EBITDA Margin %	0.93%	0.88%	0.9%	0.89%	0.91%	0.81%	0.86%	0.96%	0.96%	0.86%
EBITDA Growth %	-0.36%	-0.47%	0.14%	-0.09%	0.18%	-0.57%	0.21%	3.3%	0.24%	-0.76%
D&A (Non-Cash Add-back)	0	0	0	0	0	0	0	0	0	0
EBIT	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
Net Interest Income+	0	0	0	0	0	2.85K	641	2.24K	125K	70.38K
Interest Income	0	0	0	0	0	2.85K	641	2.24K	125K	70.38K
Interest Expense	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	0	0	0	0	0	0	0	0	0	0
Pretax Income+	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
Pretax Margin %	0.93%	0.88%	0.9%	0.89%	0.91%	0.81%	0.86%	0.96%	0.96%	0.86%
Income Tax+	0	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Net Income+	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
Net Margin %	0.93%	0.88%	0.9%	0.89%	0.91%	0.81%	0.86%	0.96%	0.96%	0.86%
Net Income Growth %	-0.36%	-0.47%	0.14%	-0.09%	0.18%	-0.57%	0.21%	3.3%	0.24%	-0.76%
Net Income (Continuing)	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	-1.17M	-2.13M	-1.46M	-1.59M	-649.59K	0	-7.19M	0	0
EPS (Diluted)+	1.26	0.67	0.76	0.70	0.82	0.36	0.43	1.86	2.30	0.55
EPS Growth %	-0.36%	-0.47%	0.13%	-0.08%	0.17%	-0.56%	0.19%	3.33%	0.24%	-0.76%
EPS (Basic)	1.26	0.67	0.76	0.70	0.82	0.36	0.43	1.86	2.30	0.55
Diluted Shares Outstanding	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M
Basic Shares Outstanding	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M
Dividend Payout Ratio	1.13%	1.17%	0.86%	1.1%	0.98%	1.29%	0.81%	0.66%	1.3%	0.84%

Balance Sheet

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Total Current Assets+	2.19M	1.17M	2.13M	1.46M	1.59M	649.59K	1.41M	7.19M	795.2K	1.63M
Cash & Short-Term Investments	2.19M	1.17M	2.13M	1.46M	1.59M	649.59K	1.41M	7.19M	795.2K	1.63M
Cash Only	2.19M	1.17M	2.13M	1.46M	1.59M	649.59K	1.41M	7.19M	795.2K	1.63M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	0	0	0	0	0	0	0	0	0	0
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	0	0	0	0	0	0	0	0
Total Non-Current Assets+	0	0	0	0	0	0	0	0	0	0
Property, Plant & Equipment	0	0	0	0	0	0	0	0	0	0
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	-1.17M	-2.13M	-1.46M	0	0	0	0	0	0
Total Assets+	2.19M	1.17M	2.13M	1.46M	1.59M	649.59K	1.41M	7.17M	795.2K	1.63M
Asset Turnover	5.65x	5.98x	3.65x	4.94x	5.25x	6.24x	3.27x	2.48x	27.84x	3.60x
Asset Growth %	-0.42%	-0.47%	0.82%	-0.31%	0.09%	-0.59%	1.17%	4.09%	-0.89%	1.04%
Total Current Liabilities+	2.11M	1.1M	2.02M	1.38M	1.47M	183.81K	1.29M	6.8M	0	183.81K
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Days Payables Outstanding	-	-	-	-	-	-	-	-	-	-
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0	0	0	0	0	0
Current Ratio	1.04x	1.06x	1.05x	1.06x	1.08x	3.53x	1.10x	1.06x	-	8.84x
Quick Ratio	1.04x	1.06x	1.05x	1.06x	1.08x	3.53x	1.10x	1.06x	-	8.84x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	0	-62.48K	-104.08K	-78.62K	1.47M	183.81K	1.29M	-20K	0	0
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	-1.1M	-2.02M	-1.38M	0	0	0	0	0	0
Total Liabilities	2.11M	1.1M	2.02M	1.38M	1.47M	183.81K	1.29M	6.78M	0	183.81K
Total Debt+	0	0	0	0	0	0	0	0	0	0
Net Debt	-2.19M	-1.17M	-2.13M	-1.46M	-1.59M	-649.59K	-1.41M	-7.19M	-795.2K	-1.63M
Debt / Equity	-	-	-	-	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-0.19x	-0.19x	-0.30x	-0.23x	-0.21x	-0.20x	-0.35x	-0.42x	-0.04x	-0.32x
Interest Coverage	-	-	-	-	-	-	-	-	-	-
Total Equity+	79.03K	-1.1M	-2.02M	-1.38M	120.4K	465.77K	122.75K	392.42K	795.2K	1.44M
Equity Growth %	-0.54%	-14.95%	-0.83%	0.32%	1.09%	2.87%	-0.74%	2.2%	1.03%	0.81%
Book Value per Share	0.01	-0.12	-0.22	-0.15	0.01	0.05	0.01	0.04	0.09	0.16
Total Shareholders' Equity	79.03K	62.48K	104.08K	78.62K	120.4K	465.77K	122.75K	392.42K	795.2K	1.44M
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	79.03K	62.48K	104.08K	78.62K	120.4K	465.77K	122.75K	392.42K	795.2K	1.44M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	62.48K	104.08K	78.62K	0	0	0	0	0	0
Minority Interest	0	-1.17M	-2.13M	-1.46M	-1.59M	-649.59K	0	-7.19M	0	0

Cash Flow

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Cash from Operations+	18.95M	79.03K	62.48K	6.41M	7.58M	4.05M	4.6M	17.8M	22.14M	5.86M
Operating CF Margin %	1.53%	0.01%	0.01%	0.89%	0.91%	1%	1%	1%	1%	1%
Operating CF Growth %	0%	-1%	-0.21%	101.57%	0.18%	-0.47%	0.14%	2.87%	0.24%	-0.74%
Net Income	18.04M	11.58M	6.14M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	0
Depreciation & Amortization	0	0	0	0	0	0	0	0	0	0
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	730.74K	-11.66M	-6.2M	-6.41M	0	766.51K	626.49K	713.92K	967.59K	5.86M
Working Capital Changes	170.41K	79.03K	62.48K	0	0	0	0	0	0	0
Change in Receivables	0	0	0	0	0	0	0	0	0	0
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	0	0	0	0
Cash from Investing+	0	0	0	0	0	0	0	0	0	0
Capital Expenditures	0	0	0	0	0	0	0	0	0	0
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0	0	0
Cash from Financing+	-20.11M	-7.99M	-6.81M	-7.87M	-7.44M	-4.99M	-3.84M	-12.02M	-28.54M	-5.03M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-13.14M	-7.17M	-6.07M	-7.08M	-7.44M	-4.23M	-3.22M	-11.3M	-27.57M	-4.23M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-819.34K	-824.37K	-740.13K	-795.09K	0	-766.51K	-626.49K	-713.92K	-967.59K	-797.87K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	18.95M	79.03K	62.48K	6.41M	7.58M	3.29M	3.98M	17.09M	22.14M	5.86M
FCF Margin %	1.53%	0.01%	0.01%	0.89%	0.91%	0.81%	0.86%	0.96%	1%	1%
FCF Growth %	0%	-1%	-0.21%	101.57%	0.18%	-0.57%	0.21%	3.3%	0.3%	-0.74%
FCF per Share	2.06	0.01	0.01	0.70	0.82	0.36	0.43	1.86	2.41	0.64
FCF Conversion (FCF/Net Income)	1.64x	0.01x	0.01x	1.00x	1.00x	1.23x	1.16x	1.04x	1.05x	1.16x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9285.41%	-	-	-	6294.07%	1121.29%	1351.35%	6634.02%	3565.7%	452.16%
Gross Margin	100%	100%	100%	100%	100%	100%	100%	100%	100%	100%
Net Margin	93.39%	88.17%	90.47%	88.96%	90.66%	81.09%	86.39%	95.99%	95.63%	86.37%
FCF Conversion	1.64x	0.01x	0.01x	1.00x	1.00x	1.23x	1.16x	1.04x	1.05x	1.16x
Revenue Growth	-34.55%	-43.83%	11.5%	-7.26%	16.05%	-51.52%	13.58%	286.75%	24.37%	-73.55%

Frequently Asked Questions

Valuation & Price

North European Oil Royalty Trust (NRT) has a price-to-earnings (P/E) ratio of 15.5x. This is roughly in line with market averages.

Growth & Financials

North European Oil Royalty Trust (NRT) reported $6.2M in revenue for fiscal year 2024. This represents a 75% decrease from $25.1M in 2011.

North European Oil Royalty Trust (NRT) saw revenue decline by 73.6% over the past year.

Yes, North European Oil Royalty Trust (NRT) is profitable, generating $5.4M in net income for fiscal year 2024 (86.4% net margin).

Dividend & Returns

Yes, North European Oil Royalty Trust (NRT) pays a dividend with a yield of 5.41%. This makes it attractive for income-focused investors.

North European Oil Royalty Trust (NRT) has a return on equity (ROE) of 452.2%. This is excellent, indicating efficient use of shareholder capital.

North European Oil Royalty Trust (NRT) generated $6.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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North European Oil Royalty Trust (NRT) 10-Year Financial Performance & Capital Metrics

NRT • • Industrial / General

EnergyOil & Gas E&PMineral & Royalty CompaniesRegional Royalty Focus

Revenue $6M -73.6%
EBITDA $5M -76.1%
Net Income $5M -76.1%
EPS (Diluted) 0.55 -76.1%
Gross Margin 100%
EBITDA Margin 86.37% -9.7%
Operating Margin 86.37% -9.7%
Net Margin 86.37% -9.7%
ROE 452.16% -87.3%
ROIC -
Debt/Equity -
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 3550.6%
✓FCF machine: 100.0% free cash flow margin
✓Momentum leader: RS Rating 86 (top 14%)
✓Healthy dividend yield of 5.4%
✓Healthy 5Y average net margin of 89.1%
✓Efficient asset utilization: 3.6x turnover

✗Weaknesses

✗Sales declining 6.9% over 5 years
✗Expensive at 54.2x book value

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-11.08%

5Y-6.87%

3Y8.35%

TTM18.55%

Profit (Net Income) CAGR

10Y-11.94%

5Y-7.77%

3Y8.35%

TTM24.05%

EPS CAGR

10Y-11.93%

5Y-7.68%

3Y8.55%

TTM24.58%

ROCE

10Y Avg5143.16%

5Y Avg2079.77%

3Y Avg2642.07%

Latest492.83%

Peer Comparison

Regional Royalty Focus

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CKXCKX Lands, Inc.	18.87M	9.19	76.58	2.39%	52.94%	2.52%	1.09%
GRNTGranite Ridge Resources, Inc	599.82M	4.57	32.64	-3.56%	8.38%	5.87%		0.32
VTSVitesse Energy, Inc.	764.19M	19.76	30.88	3.46%	7.7%	3.21%	5.19%	0.24
NRTNorth European Oil Royalty Trust	78.21M	8.51	15.47	-73.55%	87.18%	302.5%	7.49%

Profit & Loss

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Sales/Revenue+	12.4M	6.97M	7.77M	7.2M	8.36M	4.05M	4.6M	17.8M	22.14M	5.86M
Revenue Growth %	-0.35%	-0.44%	0.12%	-0.07%	0.16%	-0.52%	0.14%	2.87%	0.24%	-0.74%
Cost of Goods Sold+	0	0	0	0	0	0	587.48K	695.07K	957.07K	790.29K
COGS % of Revenue	-	-	-	-	-	-	0.13%	0.04%	0.04%	0.13%
Gross Profit+	12.4M	6.97M	7.77M	7.2M	8.36M	4.05M	4.6M	17.8M	22.14M	5.86M
Gross Margin %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Gross Profit Growth %	-0.35%	-0.44%	0.12%	-0.07%	0.16%	-0.52%	0.14%	2.87%	0.24%	-0.74%
Operating Expenses+	819.34K	824.37K	740.13K	795.09K	781.1K	766.51K	626.49K	713.92K	967.59K	797.87K
OpEx % of Revenue	0.07%	0.12%	0.1%	0.11%	0.09%	0.19%	0.14%	0.04%	0.04%	0.14%
Selling, General & Admin	819.34K	824.37K	740.13K	795.09K	781.1K	766.51K	626.49K	713.92K	967.59K	797.87K
SG&A % of Revenue	0.07%	0.12%	0.1%	0.11%	0.09%	0.19%	0.14%	0.04%	0.04%	0.14%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
Operating Margin %	0.93%	0.88%	0.9%	0.89%	0.91%	0.81%	0.86%	0.96%	0.96%	0.86%
Operating Income Growth %	-0.36%	-0.47%	0.14%	-0.09%	0.18%	-0.57%	0.21%	3.3%	0.24%	-0.76%
EBITDA+	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
EBITDA Margin %	0.93%	0.88%	0.9%	0.89%	0.91%	0.81%	0.86%	0.96%	0.96%	0.86%
EBITDA Growth %	-0.36%	-0.47%	0.14%	-0.09%	0.18%	-0.57%	0.21%	3.3%	0.24%	-0.76%
D&A (Non-Cash Add-back)	0	0	0	0	0	0	0	0	0	0
EBIT	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
Net Interest Income+	0	0	0	0	0	2.85K	641	2.24K	125K	70.38K
Interest Income	0	0	0	0	0	2.85K	641	2.24K	125K	70.38K
Interest Expense	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	0	0	0	0	0	0	0	0	0	0
Pretax Income+	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
Pretax Margin %	0.93%	0.88%	0.9%	0.89%	0.91%	0.81%	0.86%	0.96%	0.96%	0.86%
Income Tax+	0	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Net Income+	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
Net Margin %	0.93%	0.88%	0.9%	0.89%	0.91%	0.81%	0.86%	0.96%	0.96%	0.86%
Net Income Growth %	-0.36%	-0.47%	0.14%	-0.09%	0.18%	-0.57%	0.21%	3.3%	0.24%	-0.76%
Net Income (Continuing)	11.58M	6.14M	7.03M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	5.06M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	-1.17M	-2.13M	-1.46M	-1.59M	-649.59K	0	-7.19M	0	0
EPS (Diluted)+	1.26	0.67	0.76	0.70	0.82	0.36	0.43	1.86	2.30	0.55
EPS Growth %	-0.36%	-0.47%	0.13%	-0.08%	0.17%	-0.56%	0.19%	3.33%	0.24%	-0.76%
EPS (Basic)	1.26	0.67	0.76	0.70	0.82	0.36	0.43	1.86	2.30	0.55
Diluted Shares Outstanding	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M
Basic Shares Outstanding	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M	9.19M
Dividend Payout Ratio	1.13%	1.17%	0.86%	1.1%	0.98%	1.29%	0.81%	0.66%	1.3%	0.84%

Balance Sheet

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Total Current Assets+	2.19M	1.17M	2.13M	1.46M	1.59M	649.59K	1.41M	7.19M	795.2K	1.63M
Cash & Short-Term Investments	2.19M	1.17M	2.13M	1.46M	1.59M	649.59K	1.41M	7.19M	795.2K	1.63M
Cash Only	2.19M	1.17M	2.13M	1.46M	1.59M	649.59K	1.41M	7.19M	795.2K	1.63M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	0	0	0	0	0	0	0	0	0	0
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	0	0	0	0	0	0	0	0
Total Non-Current Assets+	0	0	0	0	0	0	0	0	0	0
Property, Plant & Equipment	0	0	0	0	0	0	0	0	0	0
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	-1.17M	-2.13M	-1.46M	0	0	0	0	0	0
Total Assets+	2.19M	1.17M	2.13M	1.46M	1.59M	649.59K	1.41M	7.17M	795.2K	1.63M
Asset Turnover	5.65x	5.98x	3.65x	4.94x	5.25x	6.24x	3.27x	2.48x	27.84x	3.60x
Asset Growth %	-0.42%	-0.47%	0.82%	-0.31%	0.09%	-0.59%	1.17%	4.09%	-0.89%	1.04%
Total Current Liabilities+	2.11M	1.1M	2.02M	1.38M	1.47M	183.81K	1.29M	6.8M	0	183.81K
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Days Payables Outstanding	-	-	-	-	-	-	-	-	-	-
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0	0	0	0	0	0
Current Ratio	1.04x	1.06x	1.05x	1.06x	1.08x	3.53x	1.10x	1.06x	-	8.84x
Quick Ratio	1.04x	1.06x	1.05x	1.06x	1.08x	3.53x	1.10x	1.06x	-	8.84x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	0	-62.48K	-104.08K	-78.62K	1.47M	183.81K	1.29M	-20K	0	0
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	-1.1M	-2.02M	-1.38M	0	0	0	0	0	0
Total Liabilities	2.11M	1.1M	2.02M	1.38M	1.47M	183.81K	1.29M	6.78M	0	183.81K
Total Debt+	0	0	0	0	0	0	0	0	0	0
Net Debt	-2.19M	-1.17M	-2.13M	-1.46M	-1.59M	-649.59K	-1.41M	-7.19M	-795.2K	-1.63M
Debt / Equity	-	-	-	-	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-0.19x	-0.19x	-0.30x	-0.23x	-0.21x	-0.20x	-0.35x	-0.42x	-0.04x	-0.32x
Interest Coverage	-	-	-	-	-	-	-	-	-	-
Total Equity+	79.03K	-1.1M	-2.02M	-1.38M	120.4K	465.77K	122.75K	392.42K	795.2K	1.44M
Equity Growth %	-0.54%	-14.95%	-0.83%	0.32%	1.09%	2.87%	-0.74%	2.2%	1.03%	0.81%
Book Value per Share	0.01	-0.12	-0.22	-0.15	0.01	0.05	0.01	0.04	0.09	0.16
Total Shareholders' Equity	79.03K	62.48K	104.08K	78.62K	120.4K	465.77K	122.75K	392.42K	795.2K	1.44M
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	79.03K	62.48K	104.08K	78.62K	120.4K	465.77K	122.75K	392.42K	795.2K	1.44M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	62.48K	104.08K	78.62K	0	0	0	0	0	0
Minority Interest	0	-1.17M	-2.13M	-1.46M	-1.59M	-649.59K	0	-7.19M	0	0

Cash Flow

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Cash from Operations+	18.95M	79.03K	62.48K	6.41M	7.58M	4.05M	4.6M	17.8M	22.14M	5.86M
Operating CF Margin %	1.53%	0.01%	0.01%	0.89%	0.91%	1%	1%	1%	1%	1%
Operating CF Growth %	0%	-1%	-0.21%	101.57%	0.18%	-0.47%	0.14%	2.87%	0.24%	-0.74%
Net Income	18.04M	11.58M	6.14M	6.41M	7.58M	3.29M	3.98M	17.09M	21.17M	0
Depreciation & Amortization	0	0	0	0	0	0	0	0	0	0
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	730.74K	-11.66M	-6.2M	-6.41M	0	766.51K	626.49K	713.92K	967.59K	5.86M
Working Capital Changes	170.41K	79.03K	62.48K	0	0	0	0	0	0	0
Change in Receivables	0	0	0	0	0	0	0	0	0	0
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	0	0	0	0
Cash from Investing+	0	0	0	0	0	0	0	0	0	0
Capital Expenditures	0	0	0	0	0	0	0	0	0	0
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0	0	0
Cash from Financing+	-20.11M	-7.99M	-6.81M	-7.87M	-7.44M	-4.99M	-3.84M	-12.02M	-28.54M	-5.03M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-13.14M	-7.17M	-6.07M	-7.08M	-7.44M	-4.23M	-3.22M	-11.3M	-27.57M	-4.23M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-819.34K	-824.37K	-740.13K	-795.09K	0	-766.51K	-626.49K	-713.92K	-967.59K	-797.87K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	18.95M	79.03K	62.48K	6.41M	7.58M	3.29M	3.98M	17.09M	22.14M	5.86M
FCF Margin %	1.53%	0.01%	0.01%	0.89%	0.91%	0.81%	0.86%	0.96%	1%	1%
FCF Growth %	0%	-1%	-0.21%	101.57%	0.18%	-0.57%	0.21%	3.3%	0.3%	-0.74%
FCF per Share	2.06	0.01	0.01	0.70	0.82	0.36	0.43	1.86	2.41	0.64
FCF Conversion (FCF/Net Income)	1.64x	0.01x	0.01x	1.00x	1.00x	1.23x	1.16x	1.04x	1.05x	1.16x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9285.41%	-	-	-	6294.07%	1121.29%	1351.35%	6634.02%	3565.7%	452.16%
Gross Margin	100%	100%	100%	100%	100%	100%	100%	100%	100%	100%
Net Margin	93.39%	88.17%	90.47%	88.96%	90.66%	81.09%	86.39%	95.99%	95.63%	86.37%
FCF Conversion	1.64x	0.01x	0.01x	1.00x	1.00x	1.23x	1.16x	1.04x	1.05x	1.16x
Revenue Growth	-34.55%	-43.83%	11.5%	-7.26%	16.05%	-51.52%	13.58%	286.75%	24.37%	-73.55%

Frequently Asked Questions

Valuation & Price

North European Oil Royalty Trust (NRT) has a price-to-earnings (P/E) ratio of 15.5x. This is roughly in line with market averages.

Growth & Financials

North European Oil Royalty Trust (NRT) reported $6.2M in revenue for fiscal year 2024. This represents a 75% decrease from $25.1M in 2011.

North European Oil Royalty Trust (NRT) saw revenue decline by 73.6% over the past year.

Yes, North European Oil Royalty Trust (NRT) is profitable, generating $5.4M in net income for fiscal year 2024 (86.4% net margin).

Dividend & Returns

Yes, North European Oil Royalty Trust (NRT) pays a dividend with a yield of 5.41%. This makes it attractive for income-focused investors.

North European Oil Royalty Trust (NRT) has a return on equity (ROE) of 452.2%. This is excellent, indicating efficient use of shareholder capital.

North European Oil Royalty Trust (NRT) generated $6.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.