Broadstone Net Lease, Inc. (BNL) stock analysis

P/E below its 5-year median

Broadstone Net Lease's P/E of 23.3 is below its own 5-year median of 24.4.

P/E below the industry

Broadstone Net Lease's P/E of 23.3 is below the Miscellaneous Investing median of 26.3.

EV/EBITDA against its history

Needs positive EBITDA and price history.

P/B below the industry

Broadstone Net Lease's price-to-book of 1.18 is below the Miscellaneous Investing median of 1.20.

Trading below fair value

The share price of $17.69 is below our fair value estimate of $18.38.

Margin of safety under 20%

The price is 3.7% below fair value, less than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 3.7% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -11.4% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 63.1% over the last twelve months, against a 5-year average of 13.5% a year.

Growing faster than the industry

Revenue grew 8.0% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Guidance raised

Broadstone Net Lease raised its 2026 dispositions of real estate properties outlook on Jul 29, 2026.

Gross margin trend

This company does not report gross profit.

Return on equity under 15%

Return on equity was 5.1% over the last twelve months and averaged 4.4% over five years; we look for 15% on both.

Return on invested capital

Needs operating income and invested capital.

Return on equity above the industry

Broadstone Net Lease's return on equity of 5.1% is above the Miscellaneous Investing median of 3.1%.

Earnings grew over 5 years

Net income grew 13.5% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 30.3% over the last twelve months, against a 5-year average of 30.1%.

Net margin above the industry

Broadstone Net Lease's net margin of 30.3% is above the Miscellaneous Investing median of 10.3%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt coverage

Needs operating cash flow.

Interest coverage

Interest expense is not reported separately.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Elevated bankruptcy risk

The Altman Z-score is 0.74; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Broadstone Net Lease paid dividends worth 6.6% of the share price over the last twelve months.

Yield above Treasuries

The 6.6% yield is above the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.8% or more; Broadstone Net Lease yields 6.6%.

Dividend stability

Fewer than five years of dividend history.

Not covered by earnings

Dividends take 152% of net income, leaving little room.

Covered by free cash flow

Dividends take 84.7% of free cash flow.