GNL Stock Analysis: Global Net Lease | NYSE
REIT - Diversified | NYSE, USA | Market Cap: 2.119m USD | 12M Return: 28% | US3793782018 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 21.6M
Qual. Beats: 1
Rev. Trend: -5.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Global Net Lease, Inc. (NYSE: GNL) is a small-cap real estate investment trust (REIT) that invests in and manages a global portfolio of income-producing net lease properties, primarily located in the United States and Western and Northern Europe. Headquartered in New York and incorporated in 2011, the company has been publicly traded since its 2015 IPO and operates within the diversified REITs segment of the real estate sector.
Net lease REITs like GNL generate revenue primarily through long-term rental agreements with tenants, who are typically responsible for paying property taxes, insurance, and maintenance costs under triple-net or similar lease structures. This business model is designed to produce predictable, contractual income streams, but it can expose the company to risks related to tenant creditworthiness and geographic concentration across multiple markets.
- Interest rate volatility pressures net lease REIT dividend yield
- European tenant credit risk rises amid slowing regional economy
- Asset sales and debt paydown strengthen balance sheet
| Net Income: -13.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.91 > 1.0 |
| NWC/Revenue: -86.78% < 20% (prev -67.75%; Δ -19.03% < -1%) |
| CFO/TA 0.05 > 3% & CFO 218.4m > Net Income -13.5m |
| Net Debt (2.34b) to EBITDA (345.9m): 6.78 < 3 |
| Current Ratio: 0.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (211.3m) vs 12m ago -5.21% < -2% |
| Gross Margin: 69.45% > 18% (prev 85.44%; Δ -15.98% > 0.5%) |
| Asset Turnover: 10.16% > 50% (prev 13.10%; Δ -2.94% > 0%) |
| Interest Coverage Ratio: 1.04 > 6 (EBIT TTM 171.7m / Interest Expense TTM 165.8m) |
| A: -0.10 (Total Current Assets 156.1m - Total Current Liabilities 555.1m) / Total Assets 4.07b |
| B: -0.67 (Retained Earnings -2.72b / Total Assets 4.07b) |
| C: 0.04 (EBIT TTM 171.7m / Avg Total Assets 4.53b) |
| D: 0.59 (Book Value of Equity 1.51b / Total Liabilities 2.56b) |
| Altman-Z'' = -1.95 = D |
| DSRI: 0.10 (Receivables 2.48m/178.6m, Revenue 459.7m/653.0m) |
| GMI: 1.23 (GM 85.44% / 69.45%) |
| AQI: 1.03 (AQ_t 0.94 / AQ_t-1 0.91) |
| SGI: 0.70 (Revenue 459.7m / 653.0m) |
| TATA: -0.06 (NI -13.5m - CFO 218.4m) / TA 4.07b) |
| Beneish M = -3.76 (Cap -4..+1) = AAA |
As of August 31, 2026, the stock is trading at USD 9.16 with a total of 1,205,612 shares traded. Over the past week, the price has changed by +1.33%, over one month by +4.09%, over three months by +1.26% and over the past year by +27.96%.
Current recommended Stop Loss: 8.90 (which is 2.8% or 1.4 ATR below the current price).
Global Net Lease has received a consensus analysts rating of 3.38. Therefore, it is recommended to hold GNL.
- StrongBuy: 1
- Buy: 2
- Hold: 4
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 10.1 | 10.7% |
P/S = 4.609
P/B = 1.3997
Revenue TTM = 459.7m USD
EBIT TTM = 171.7m USD
EBITDA TTM = 345.9m USD
Long Term Debt = 1.93b USD (from longTermDebt, last quarter)
Short Term Debt = 472.9m USD (from shortTermDebt, last quarter)
Debt = 2.51b USD (from shortLongTermDebtTotal, last quarter) + Leases 55.8m
Net Debt = 2.34b USD (calculated: Debt 2.51b - CCE 168.0m)
Enterprise Value = 4.46b USD (2.12b + Debt 2.51b - CCE 168.0m)
Interest Coverage Ratio = 1.04 (Ebit TTM 171.7m / Interest Expense TTM 165.8m)
EV/FCF = 22.18x (Enterprise Value 4.46b / FCF TTM 201.2m)
FCF Yield = 4.51% (FCF TTM 201.2m / Enterprise Value 4.46b)
FCF Margin = 43.76% (FCF TTM 201.2m / Revenue TTM 459.7m)
Net Margin = -2.94% (Net Income TTM -13.5m / Revenue TTM 459.7m)
Gross Margin = 69.45% ((Revenue TTM 459.7m - Cost of Revenue TTM 140.4m) / Revenue TTM)
Gross Margin QoQ = 88.09% (prev 88.17%)
Tobins Q-Ratio = 1.10 (Enterprise Value 4.46b / Total Assets 4.07b)
Interest Expense / Debt = 6.60% (Interest Expense 165.8m / Debt 2.51b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 135.6m (EBIT 171.7m * (1 - 21.00%))
Current Ratio = 0.28 (Total Current Assets 156.1m / Total Current Liabilities 555.1m)
Debt / Equity = 1.66 (Debt 2.51b / totalStockholderEquity, last quarter 1.51b)
Debt / EBITDA = 6.78 (Net Debt 2.34b / EBITDA 345.9m)
Debt / FCF = 11.65 (Net Debt 2.34b / FCF TTM 201.2m)
Total Stockholder Equity = 1.61b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.30% (Net Income -13.5m / Total Assets 4.07b)
RoE = -0.84% (Net Income TTM -13.5m / Total Stockholder Equity 1.61b)
RoCE = 4.86% (EBIT 171.7m / Capital Employed (Equity 1.61b + L.T.Debt 1.93b))
RoIC = 3.42% (NOPAT 135.6m / Invested Capital 3.96b)
WACC = 5.65% (E(2.12b)/V(4.63b) * Re(6.17%) + D(2.51b)/V(4.63b) * Rd(6.60%) * (1-Tc(0.21)))
Discount Rate = 6.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -93.31 | Cagr: -3.75%
[DCF] Terminal Value 75.43% ; FCFF base≈201.3m ; Y1≈201.9m ; Y5≈213.5m
[DCF] Fair Price = 4.23 (EV 3.32b - Net Debt 2.34b = Equity 978.3m / Shares 231.3m; r=8.35% [WACC [floored]]; 5y FCF grow -0.10% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 3.50 | # QB: 1
Revenue Correlation: -5.86 | Revenue CAGR: -1.17% | SUE: 0.11 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.05 | Chg30d=N/A | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.09 | Chg30d=+47.06% | Revisions=-25% | GrowthEPS=+92.6% | GrowthRev=-20.4%
EPS next Year (2027-12-31): EPS=-0.13 | Chg30d=-116.67% | Revisions=+0% | GrowthEPS=+19.1% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: -40% (up=0, down=2)