New England Realty Associates Limited Partnership (NEN) Financial Ratios
30 years of historical data (1996–2025) · Real Estate · Real Estate - Services
EV/EBITDA
↓
0.03
↓-100% vs avg
5yr avg: 13.69
30Y Low0.0·High36.2
P/FCF
↓
7.33
↓-40% vs avg
5yr avg: 12.26
30Y Low8.0·High156.5
P/B Ratio
N/A
—
5yr avg: N/A
30Y Low9.8·High133.9
ROE
N/A
—
5yr avg: N/A
30Y Low11%·High80%
Debt/EBITDA
↓
0.02
↓-100% vs avg
5yr avg: 8.94
30Y Low0.0·High13.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NEN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
New England Realty Associates Limited Partnership trades at 33.7x earnings, 13% below its 5-year average of 38.6x, sitting at the 42nd percentile of its historical range. Compared to the Real Estate sector median P/E of 24.1x, the stock trades at a premium of 40%. On a free-cash-flow basis, the stock trades at 7.3x P/FCF, 40% below the 5-year average of 12.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $203M | $226M | $293M | $250M | $256M | $248M | $183M | $228M | $211M | $276M | $231M |
| Enterprise Value | $713M | $736M | $682M | $641M | $617M | $522M | $465M | $520M | $456M | $519M | $436M |
| P/E Ratio → | 33.72 | 37.50 | 18.54 | 29.29 | 68.93 | — | 128.62 | — | 50.41 | 39.86 | 46.49 |
| P/S Ratio | 2.27 | 2.53 | 3.64 | 3.36 | 3.75 | 3.95 | 2.95 | 3.77 | 3.64 | 5.23 | 4.65 |
| P/B Ratio | — | — | — | — | — | — | — | — | — | — | — |
| P/FCF | 7.33 | 8.16 | 8.03 | 8.83 | 16.45 | 19.86 | 10.50 | 10.14 | 9.80 | — | 22.65 |
| P/OCF | 7.33 | 8.16 | 8.03 | 8.83 | 11.88 | 15.68 | 10.50 | 10.14 | 8.23 | 17.13 | 15.03 |
P/E links to full P/E history page with 30-year chart
NEN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
New England Realty Associates Limited Partnership's enterprise value stands at 0.0x EBITDA, 100% below its 5-year average of 13.7x. The Real Estate sector median is 17.0x, placing the stock at a 100% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 8.25 | 8.46 | 8.60 | 9.04 | 8.33 | 7.49 | 8.60 | 7.86 | 9.83 | 8.79 |
| EV / EBITDA | 0.03 | 0.03 | 16.09 | 17.53 | 17.91 | 16.88 | 13.93 | 16.27 | 6.48 | 8.12 | 8.79 |
| EV / EBIT | 32.77 | 29.88 | 21.90 | 26.50 | 32.89 | 47.76 | 31.07 | 27.73 | 27.55 | 28.78 | 28.77 |
| EV / FCF | — | 26.60 | 18.67 | 22.60 | 39.68 | 41.87 | 26.65 | 23.16 | 21.21 | — | 42.82 |
NEN Profitability
Margins and return-on-capital ratios measuring operating efficiency
New England Realty Associates Limited Partnership earns an operating margin of 24.4%, roughly in line with the Real Estate sector average. Operating margins have compressed from 26.6% to 24.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROIC of 4.3% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.4% | 16.4% | 67.4% | 64.7% | 66.1% | 65.6% | 85.9% | 67.9% | 84.2% | 84.1% | 83.3% |
| Operating Margin | 24.4% | 24.4% | 31.5% | 26.6% | 26.5% | 22.7% | 24.1% | 28.6% | 25.7% | 26.8% | 26.8% |
| Net Profit Margin | 6.8% | 6.8% | 19.4% | 11.4% | 5.5% | -4.3% | 2.3% | 10.8% | 7.2% | 13.1% | 10.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | — |
| ROA | 1.3% | 1.3% | 4.0% | 2.2% | 1.0% | -0.8% | 0.5% | 2.4% | 1.8% | 3.3% | 2.5% |
| ROIC | 4.3% | 4.3% | 5.8% | 4.7% | 5.2% | 4.6% | 4.5% | 5.6% | 5.4% | 5.6% | 5.7% |
| ROCE | 4.9% | 4.9% | 6.6% | 5.1% | 4.8% | 4.5% | 5.4% | 6.4% | 6.3% | 6.8% | 6.8% |
NEN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
New England Realty Associates Limited Partnership carries a Debt/EBITDA ratio of 0.0x, which is very conservative (100% below the sector average of 7.9x). Net debt stands at $510M ($528M total debt minus $18M cash). Interest coverage of just 1.3x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — |
| Debt / EBITDA | 0.02 | 0.02 | 9.59 | 11.18 | 11.93 | 11.98 | 9.00 | 9.38 | 3.61 | 3.91 | 4.29 |
| Net Debt / Equity | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / EBITDA | 0.02 | 0.02 | 9.17 | 10.68 | 10.49 | 8.88 | 8.44 | 9.14 | 3.48 | 3.80 | 4.14 |
| Debt / FCF | — | 18.44 | 10.65 | 13.77 | 23.23 | 22.01 | 16.15 | 13.02 | 11.40 | — | 20.16 |
| Interest Coverage | 1.32 | 1.32 | 2.01 | 1.54 | 1.25 | 0.80 | 1.09 | 1.54 | 1.34 | 1.62 | 1.49 |
NEN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
New England Realty Associates Limited Partnership's current ratio of 4.71x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 37.19x to 4.71x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.71 | 4.71 | 29.34 | 37.19 | — | 36.19 | — | — | — | — | — |
| Quick Ratio | 4.71 | 4.71 | 29.34 | 37.19 | — | 36.19 | — | — | — | — | — |
| Cash Ratio | 2.66 | 2.66 | 28.28 | 36.08 | — | 35.52 | 1.34 | — | — | — | — |
| Asset Turnover | — | 0.18 | 0.20 | 0.19 | 0.17 | 0.18 | 0.21 | 0.21 | 0.23 | 0.23 | 0.26 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
NEN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
New England Realty Associates Limited Partnership returns 8.7% to shareholders annually — split between a 8.3% dividend yield and 0.4% buyback yield. The payout ratio exceeds 100% at 278.4%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 3.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 8.3% | 7.4% | 3.8% | 4.0% | 3.6% | 1.9% | 2.6% | 2.1% | 2.1% | 2.9% | 2.9% |
| Payout Ratio | 278.4% | 278.4% | — | — | 248.9% | — | 328.2% | 71.7% | 107.4% | 115.1% | 135.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.0% | 2.7% | 5.4% | 3.4% | 1.5% | — | 0.8% | — | 2.0% | 2.5% | 2.2% |
| FCF Yield | 13.6% | 12.3% | 12.5% | 11.3% | 6.1% | 5.0% | 9.5% | 9.9% | 10.2% | — | 4.4% |
| Buyback Yield | 0.4% | 0.4% | 0.6% | 1.6% | 2.1% | 0.2% | 0.2% | 1.8% | 0.0% | 0.0% | 0.7% |
| Total Shareholder Yield | 8.7% | 7.8% | 4.4% | 5.5% | 5.7% | 2.1% | 2.8% | 3.8% | 2.1% | 2.9% | 3.6% |
| Shares Outstanding | — | $3M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M |
Peer Comparison
Compare NEN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NENYou | $203M | 33.7 | 0.0 | 7.3 | 16.4% | 24.4% | — | 4.3% | 0.0 |
 AIV | $417M | 0.7 | 30.7 | — | -33.5% | -21.1% | 126.4% | -1.8% | 30.0 |
 NHI | $3B | 23.5 | 16.4 | 15.6 | 36.7% | 51.5% | 9.7% | 5.6% | 4.2 |
 ELME | $179M | -1.1 | — | 2.9 | — | — | -23.3% | -15.3% | — |
 NXRT | $684M | -21.4 | 18.0 | 8.2 | 84.3% | 11.1% | -8.9% | 1.1% | 12.6 |
 IRT | $4B | 65.9 | 16.4 | 25.4 | -14.9% | 18.4% | 1.6% | 1.6% | 6.3 |
 EQR | $24B | 22.0 | 15.3 | 18.6 | 46.3% | 36.3% | 9.7% | 4.2% | 4.1 |
 AVB | $25B | 24.0 | 18.5 | 17.4 | 67.0% | 30.1% | 8.9% | 3.3% | 5.1 |
 ESS | $18B | 26.3 | 17.0 | 16.4 | 68.8% | 43.9% | 11.7% | 5.0% | 4.8 |
 MAA | $15B | 35.1 | 16.7 | 21.5 | 31.8% | 28.0% | 7.5% | 4.2% | 4.4 |
 CPT | $11B | 30.8 | 17.0 | 29.6 | 61.4% | 18.4% | 8.4% | 2.6% | 4.3 |
| Real Estate Median | — | 24.1 | 17.0 | 15.4 | 49.3% | 24.8% | 3.7% | 2.7% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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NEN — Frequently Asked Questions
Quick answers to the most common questions about buying NEN stock.
What is New England Realty Associates Limited Partnership's P/E ratio?
New England Realty Associates Limited Partnership's current P/E ratio is 33.7x. The historical average is 52.3x. This places it at the 42th percentile of its historical range.
What is New England Realty Associates Limited Partnership's EV/EBITDA?
New England Realty Associates Limited Partnership's current EV/EBITDA is 0.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 19.3x.
Is NEN stock overvalued?
Based on historical data, New England Realty Associates Limited Partnership is trading at a P/E of 33.7x. This is at the 42th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is New England Realty Associates Limited Partnership's dividend yield?
New England Realty Associates Limited Partnership's current dividend yield is 8.28% with a payout ratio of 278.4%.
What are New England Realty Associates Limited Partnership's profit margins?
New England Realty Associates Limited Partnership has 16.4% gross margin and 24.4% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does New England Realty Associates Limited Partnership have?
New England Realty Associates Limited Partnership's Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.