Nova Net Lease REIT
Nova Net Lease REIT (the REIT) was formed on July 27, 2021, as a newly created, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario, where one unit of the REIT was issued for $10 in cash.
Market Cap & Net Worth: Nova Net Lease REIT (NNLRF)
Nova Net Lease REIT (PINK:NNLRF) has a market capitalization of $1.79 Million ($1.79 Million) as of March 18, 2026. Listed on the PINK stock exchange, this USA-based company holds position #35581 globally and #11594 in its home market, demonstrating a 0.00% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nova Net Lease REIT's stock price $0.24 by its total outstanding shares 7455240 (7.46 Million).
Nova Net Lease REIT Market Cap History: 2022 to 2024
Nova Net Lease REIT's market capitalization history from 2022 to 2024. Data shows change from $3.56 Million to $1.79 Million (-26.15% CAGR).
Nova Net Lease REIT Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Nova Net Lease REIT's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.19x
Nova Net Lease REIT's market cap is 0.19 times its annual revenue
3.75x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.18x
Nova Net Lease REIT's market cap is 0.18 times its annual earnings
46.78x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2022 | $3.56 Million | $1.55 Million | $7.74 Million | 2.29x | 0.46x |
| 2023 | $298.21K | $1.56 Million | $1.64 Million | 0.19x | 0.18x |
Competitor Companies of NNLRF by Market Capitalization
Companies near Nova Net Lease REIT in the global market cap rankings as of March 18, 2026.
Key companies related to Nova Net Lease REIT by market ranking:
- Equinix Inc (NASDAQ:EQIX): Ranked #218 globally with a market cap of $92.84 Billion USD.
- American Tower Corp (NYSE:AMT): Ranked #237 globally with a market cap of $86.39 Billion USD.
- Digital Realty Trust Inc (NYSE:DLR): Ranked #396 globally with a market cap of $55.29 Billion USD.
- Crown Castle (NYSE:CCI): Ranked #587 globally with a market cap of $36.18 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #218 | Equinix Inc | NASDAQ:EQIX | $92.84 Billion | $976.88 |
| #237 | American Tower Corp | NYSE:AMT | $86.39 Billion | $185.07 |
| #396 | Digital Realty Trust Inc | NYSE:DLR | $55.29 Billion | $180.39 |
| #587 | Crown Castle | NYSE:CCI | $36.18 Billion | $87.93 |
Nova Net Lease REIT Historical Marketcap From 2022 to 2024
Between 2022 and today, Nova Net Lease REIT's market cap moved from $3.56 Million to $ 1.79 Million, with a yearly change of -26.15%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2024 | $1.79 Million | +500.00% |
| 2023 | $298.21K | -91.62% |
| 2022 | $3.56 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 28th, 2025 the market cap of Nova Net Lease REIT was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.79 Million USD |
| MoneyControl | $1.79 Million USD |
| MarketWatch | $1.79 Million USD |
| marketcap.company | $1.79 Million USD |
| Reuters | $1.79 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.