NexPoint Residential Trust, Inc. (NXRT) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+386.0%

$87.28

vs $17.96 price

Levered DCF

$10.41

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.63

Distress zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-23.89×	959.77×	19.9×	-120.89×	91.12×	23.77×	10.95×	-461.79×
P/B	2.59×	2.6×	1.79×	2.14×	4.49×	2.56×	2.55×	2.51×
P/S	3.04×	4.1×	3.18×	4.22×	9.62×	5.11×	5.99×	5.07×
EV / EBITDA	18.54×	12.34×	9.39×	19.41×	26.31×	14.87×	11.76×	24.08×
Gross margin	84.3%	56.4%	56.8%	54.5%	53.4%	51.8%	51.7%	57.2%
Operating margin	11.1%	32.2%	40.8%	17.5%	29.4%	40.4%	78.8%	11.5%
Net margin	-12.7%	0.4%	15.9%	-3.5%	10.5%	21.5%	54.8%	-1.1%
Current ratio	0.48×	2.69×	1.13×	0.99×	0.3×	0.32×	0.43×	4.29×
Debt / equity	5.27×	3.57×	2.99×	3.08×	3.31×	3.3×	3.2×	2.79×
Interest coverage	0.46×	0.8×	1×	0.91×	2.18×	2.54×	3.81×	0.54×
Dividend yield	7.0%	4.6%	5.1%	3.6%	1.7%	3.1%	2.6%	3.0%
Payout ratio	-167.1%	4441.8%	101.2%	-438.9%	155.4%	73.4%	28.3%	-1383.8%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-10.8%	0.3%	8.9%	-1.8%	4.9%	10.8%	23.3%	-0.5%
Return on invested capital	1.5%	4.4%	6.0%	2.2%	3.2%	4.6%	7.9%	1.4%
Return on assets	-1.7%	0.1%	2.1%	-0.4%	1.1%	2.4%	5.3%	-0.1%
Free cash flow yield	10.9%	6.9%	10.9%	7.1%	3.5%	5.5%	4.7%	5.6%
Earnings yield	-4.2%	0.1%	5.0%	-0.8%	1.1%	4.2%	9.1%	-0.2%
Enterprise value	$2.3B	$2.5B	$2.3B	$2.7B	$3.6B	$2.4B	$2.4B	$1.5B
Net debt / EBITDA	12.4×	7.1×	5.86×	11.39×	10.95×	8.3×	6.49×	12.52×
Cash conversion cycle (days)	-93	-19	-33	-14	-37	-21	-37	-25