Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
/
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
NewRiver REIT plc is a leading Real Estate Investment Trust (REIT) specializing in the acquisition, management, and development of resilient retail properties across the United Kingdom. Incorporated in 2016 as a public limited company, it focuses on community shopping centres and conveniently located retail parks that serve local communities with essential goods and services. The portfolio deliberately avoids structurally challenged sectors like department stores, mid-market fashion, and casual dining, emphasizing affordable rents, high occupancy, strong tenant retention, and desirable locations to ensure sustainable returns. NewRiver REIT plc also engages in buying and selling its own real estate, as well as letting and operating properties, with activities spanning retail warehouses and leisure assets including pubs. Headquartered in London, the company maintains a premium listing on the London Stock Exchange and employs an active asset management strategy alongside an inbuilt development pipeline to enhance portfolio value. Its total assets under management reflect a commitment to environmental standards, evidenced by a notable GRESB score.
£0.78
£0.01 (-1.39%)
EOD Jul 3, 2026
39.08% operating margin is above average. ROIC at 5.15%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 44.8%, still solid. Margins contracted 4.8pp, which offsets some of the top-line progress.
Net debt of £402M represents 20.5x FCF, leverage limits flexibility. Operating margin contracted 4.8pp YoY, cost discipline may be slipping.
11.0x earnings, 17.9x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£131M
▲ +44.8% YoY
Net Income (TTM)
£31M
▲ +31.2% YoY
Op. Margin
39.08%
▼ -4.8pp YoY
ROIC
5.15%
▲ +1.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£20M
▲ +4.8% YoY
Op. Cash Flow (TTM)
£49M
▲ +19.1% YoY
Net Debt
£402M
Cash & Equiv.
£116M
3Y CAGR: +22.0%
3Y CAGR: -6.5%
Continue Research
At a P/E of 11.0 and a price-to-free-cash-flow of 17.9, NewRiver REIT (NRR.XLON) trades above a two-stage DCF intrinsic value of about £-0.14 per share, so at £0.78 the stock looks overvalued (117.7% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, NewRiver REIT scores 72/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 7.9%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about £-0.14 per share for NRR.XLON, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around £-0.10. At today's £0.78, that puts the stock about 117.7% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
NewRiver REIT scores 72 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 39.1% operating margin and a 5.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, NewRiver REIT pays a regular dividend of about £0.06 per share per year (typically in quarterly installments), a yield of roughly 7.9% at the current price. That is a payout ratio of about 89.4% of earnings, so the dividend is stretched at this level. NewRiver REIT has grown the dividend at roughly 9.6% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For NRR.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. NRR.XLON currently trades above its estimated intrinsic value and scores 72/100 on quality (solid). It also yields about 7.9%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.