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NSI N.V. (NSI.AS)

EUR17.60 +0.24 (+1.38%)
NL AMS Real Estate REIT - Office
Address Antareslaan 69-75 3132 JE
Amsterdam, NL
CEO Bernd A. Stahli
Website nsi.nl
IPO 2000-01-03
ISIN NL0012365084

Explore sections of this company profile

Also trades on Euronext Amsterdam · NSI.AS (EUR) Other OTC · NIUWF (USD)
Description

NSI N.V. operates as a specialized commercial real estate investment trust (REIT) in the Netherlands, uniquely focusing its listed portfolio on prime office properties situated within the nation's most dynamic economic regions. The company's leadership is dedicated to maximizing shareholder value through active oversight of its investment holdings, strategic property enhancements, and astute asset rebalancing. With a portfolio valued at over one billion euros, NSI benefits from a robust financial position, offering considerable capacity to finance both organic growth and strategic acquisitions. By providing desirable office environments and superior customer service, NSI aims to generate consistent and expanding revenues, thereby supporting attractive dividend distributions to its investors.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR17.60 +0.24 (+1.38%)
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Volume Profile
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Liquidity & share structure
Average Volume
54.4K
Beta
0.69
Float Shares
12.63M
Free Float %
64.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.90% +0.00% +3.53% -8.15% -12.97% -9.29% -25.51% -11.92% -48.60% -44.61% -89.16%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
17.60
DCF (Unlevered) 27.63 +57.0%
DCF (Levered) 20.22 +14.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 20% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 3 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.79
Distress
Piotroski F-Score
8 / 9
Strong
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
  • Revenue growth
    +1.8% Q4'25: +470.5% (vs Q4'23)
  • EPS growth
    -181.0% Q4'25: -102.0% (vs Q4'23)
  • FCF margin
    Q4'25: +0.0% (vs Q4'23)
  • EBIT margin
    Q4'25: +44.8% (vs Q4'23)
  • ROIC
    Q4'25: +6.9% (vs Q4'23)
  • Share dilution
    -1.1% Q4'25: -3.9% (vs Q4'23)
  • Debt / EBITDA
    6.76× Q4'25: 3.17× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.69) × ERP
WACC = 49% × Ke + 51% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 27.63 Current price: 17.60
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2003
actual
Dec 2005
actual
Dec 2006
actual
Dec 2007
actual
Dec 2008
actual
Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
5 Rev. Ana.
4 EPS Ana.
Dec 2027
5 Rev. Ana.
4 EPS Ana.
Dec 2028
3 Rev. Ana.
3 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Revenue
78.15M
est.
88.43M
est: 12.66M (+598.7%)
91.94M
est: 81.40M (+12.9%)
89.64M
est: 88.02M (+1.8%)
101.69M
est: 103.70M (-1.9%)
103.79M
est: 105.72M (-1.8%)
118.63M
est: 101.58M (+16.8%)
64.58M
est: 145.08M (-55.5%)
183.55M
est: 156.54M (+17.3%)
166.58M
est: 145.15M (+14.8%)
154.70M
est: 134.83M (+14.7%)
66.65M
est: 103.65M (-35.7%)
106.94M
est: 77.02M (+38.8%)
100.98M
est: 66.97M (+50.8%)
97.19M
est: 68.35M (+42.2%)
95.65M
est: 64.00M (+49.5%)
89.47M
est: 76.46M (+17.0%)
90.17M
est: 77.32M (+16.6%)
82.33M
est: 71.03M (+15.9%)
84.67M
est: 85.23M (-0.7%)
86.02M
est: 73.17M (+17.6%)
87.53M
est: 67.07M (+30.5%)
65.20M
63.20M – 69.43M
-2.8% YoY
63.85M
61.18M – 70.93M
-2.1% YoY
69.30M
66.21M – 72.39M
+8.5% YoY
71.28M
68.70M – 77.53M
+2.9% YoY
EBITDA
47.59M
est.
118.63M
est: 4.11M (+2,783.9%)
102.97M
est: 49.57M (+107.7%)
107.80M
est: 65.31M (+65.1%)
14.06M
est: 74.22M (-81.1%)
86.12M
est: -84.21M (+202.3%)
52.40M
est: -57.93M (+190.5%)
50.38M
est: -7.71M (+753.2%)
128.92M
est: 10.11M (+1,175.2%)
113.44M
est: -166.00M (+168.3%)
99.53M
est: -153.71M (+164.8%)
31.65M
est: -156.90M (+120.2%)
65.42M
est: 38.62M (+69.4%)
65.77M
est: -28.30M (+332.4%)
61.85M
est: 41.62M (+48.6%)
59.36M
est: 38.97M (+52.3%)
53.94M
est: 46.56M (+15.8%)
55.71M
est: 47.08M (+18.3%)
51.11M
est: 43.25M (+18.2%)
49.61M
est: 51.94M (-4.5%)
53.08M
est: 44.58M (+19.1%)
52.96M
est: 40.87M (+29.6%)
39.73M
38.51M – 42.31M
-2.8% YoY
38.91M
37.28M – 43.22M
-2.1% YoY
42.23M
40.34M – 44.11M
+8.5% YoY
43.43M
41.86M – 47.24M
+2.9% YoY
EBIT
47.39M
est.
116.69M
est: 7.67M (+1,420.4%)
110.18M
est: 49.36M (+123.2%)
112.28M
est: 53.37M (+110.4%)
14.18M
est: 62.88M (-77.4%)
20.65M
est: 41.60M (-50.4%)
51.20M
est: 31.42M (+63.0%)
103.91M
est: 82.41M (+26.1%)
-45.05M
est: 128.18M (-135.1%)
112.79M
est: -23.74M (+575.2%)
99.19M
est: -79.61M (+224.6%)
31.52M
est: -74.15M (+142.5%)
65.25M
est: 36.16M (+80.4%)
65.70M
est: -4.34M (+1,614.9%)
61.78M
est: 41.44M (+49.1%)
59.28M
est: 38.81M (+52.8%)
53.87M
est: 46.36M (+16.2%)
55.66M
est: 46.88M (+18.7%)
50.76M
est: 43.07M (+17.9%)
49.30M
est: 51.62M (-4.5%)
52.78M
est: 44.31M (+19.1%)
52.36M
est: 40.61M (+28.9%)
39.48M
38.27M – 42.05M
-2.8% YoY
38.67M
37.05M – 42.96M
-2.1% YoY
41.97M
40.09M – 43.84M
+8.5% YoY
43.16M
41.60M – 46.95M
+2.9% YoY
Net Income
212.76M
est.
89.37M
est: 8.45M (+957.2%)
81.63M
est: 367.23M (-77.8%)
85.08M
est: 88.24M (-3.6%)
-21.34M
est: 100.25M (-121.3%)
-14.60M
est: -21.72M (+32.8%)
25.08M
est: -14.03M (+278.8%)
63.28M
est: 35.85M (+76.5%)
-103.12M
est: 67.65M (-252.4%)
-134.07M
est: -95.60M (-40.2%)
-136.90M
est: -124.57M (-9.9%)
63.79M
est: -119.01M (+153.6%)
-17.83M
est: 52.80M (-133.8%)
91.60M
est: -15.03M (+709.4%)
91.53M
est: 97.86M (-6.5%)
196.30M
est: 80.56M (+143.7%)
-20.41M
est: 206.58M (-109.9%)
120.96M
est: 212.38M (-43.0%)
-31.37M
est: 206.43M (-115.2%)
-142.37M
est: -41.74M (-241.1%)
12.37M
est: 2.12M (+483.3%)
-9.79M
est: 39.04M (-125.1%)
38.94M
38.17M – 39.71M
-0.2% YoY
37.72M
35.24M – 40.20M
-3.1% YoY
41.53M
30.78M – 52.28M
+10.1% YoY
40.65M
38.74M – 45.29M
-2.1% YoY
SGA
7.29M
est.
2.38M
est: 793.5K (+200.3%)
3.35M
est: 27.01M (-87.6%)
3.77M
est: 4.87M (-22.6%)
est: 5.54M (-100.0%)
4.67M
est: 12.03M (-61.2%)
est: 11.43M (-100.0%)
est: 11.14M (-100.0%)
9.02M
est: 10.79M (-16.4%)
9.00M
est: 13.35M (-32.6%)
9.97M
est: 8.36M (+19.3%)
6.85M
est: 8.69M (-21.2%)
8.95M
est: 5.67M (+57.9%)
7.77M
est: 8.31M (-6.5%)
7.45M
est: 9.80M (-24.0%)
7.95M
est: 7.00M (+13.6%)
6.60M
est: 7.82M (-15.6%)
7.61M
est: 8.04M (-5.3%)
8.57M
est: 7.81M (+9.7%)
9.12M
est: 8.33M (+9.5%)
8.30M
est: 7.15M (+16.1%)
8.41M
est: 6.56M (+28.3%)
6.37M
6.18M – 6.79M
-2.8% YoY
6.24M
5.98M – 6.93M
-2.1% YoY
6.77M
6.47M – 7.08M
+8.5% YoY
6.97M
6.71M – 7.58M
+2.9% YoY
EPS
10.86
est.
2,047.13
est: 26.18 (+7,719.7%)
1,774.70
est: 16.86 (+10,425.9%)
18.53
est: 10.85 (+70.7%)
-4.64
est: 11.29 (-141.1%)
-3.00
est: 10.95 (-127.4%)
4.67
est: 9.74 (-52.0%)
10.35
est: 9.60 (+7.8%)
-12.83
est: 8.06 (-259.2%)
-14.16
est: 5.70 (-348.6%)
-7.68
est: 2.67 (-388.0%)
3.42
est: 2.84 (+20.3%)
-1.00
est: 1.82 (-154.9%)
4.91
est: 2.61 (+88.4%)
4.95
est: 2.51 (+97.3%)
10.47
est: 2.52 (+315.5%)
-1.07
est: -1.63 (+34.4%)
6.20
est: 2.70 (+129.9%)
-1.58
est: 2.13 (-174.2%)
-7.08
est: -2.08 (-240.1%)
0.63
est: 1.73 (-63.6%)
-0.51
est: 1.95 (-126.2%)
2.01
1.97 – 2.05
+3.2% YoY
1.90
1.82 – 2.08
-5.6% YoY
1.99
1.59 – 2.70
+4.9% YoY
2.10
2.00 – 2.34
+5.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-28 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-27 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-26 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-25 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-22 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-21 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-20 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-19 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-18 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-15 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-14 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-13 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-12 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-11 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-08 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-07 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-06 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-05 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-05-04 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-04-30 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-29 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-28 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-27 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-24 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-23 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-22 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-21 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-20 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-17 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-16 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
62.86M
OE per share TTM
3.21
Owner's Yield
18.46%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
3.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 24 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares European Property Yield UCITS ETF IPRE.DE 0.21% 474.3K 0.40%
2 iShares European Property Yield UCITS ETF IPRP.L 0.21% 2.06M 0.40%
3 State Street SPDR FTSE EPRA Europe ex UK Real Estate UCITS ETF (Acc) ZPRP.DE 0.19% 279.2K 0.30%
4 Xtrackers FTSE Developed Europe ex UK Real Estate UCITS ETF 1C XREA.DE 0.19% 40.9K 0.33%
5 Xtrackers FTSE Developed Europe Real Estate UCITS ETF 1C XDER.L 0.13% 1.04M 0.33%
6 Xtrackers MSCI Emerging Markets Swap UCITS ETF 1C XMMD.L 0.07% 898.3K 0.49%
7 iShares International Developed Real Estate ETF IFGL 0.04% 34.5K 0.48%
8 Vert Global Sustainable Real Estate ETF VGSR 0.03% 140.6K 0.51%
9 Vanguard Global ex-U.S. Real Estate ETF VNQI 0.03% 980.8K 0.12%
10 Avantis Real Estate ETF AVRE 0.02% 203.4K 0.17%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
758.9K
Shares Outstanding
19.52M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Bernd A. Stahli Chief Executive Officer & Member of Management Board 686.0K male
Elke Snijder Chief Financial Officer & Member of Management Board 578.0K female
Martijn Massen Head of Investor Relations & Treasury
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits