NNN

NNN REIT, Inc.

Real Estate · $7.8B market cap

Verdict

Share price

$40.95

close of Oct 3, 2026

Fair value

$27.22

Sticker Price

Payback Price

$10.89

buy price

Overpriced

NNN is Overpriced: at $40.95 it trades 50% above its fair value of $27.22. Its buy price (Payback Price) is $10.89, 73% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

FFO-Based (REIT). A real estate trust. Depreciation makes a property owner's profit look smaller than the cash it brings in, so we value it on funds from operations (FFO).

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth9.4% a year✗
Equity per share growth1.2% a year✗
Sales growth9.3% a year✗
Free cash flow growth8.4% a year✗
Return on invested capital6.4%✗

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Insider activity

Since Jul 31, 2026: no open-market purchases and 6 other filings (stock awards, tax withholding and similar). Why purchases matter

Other filings

About NNN REIT, Inc.

NNN REIT, Inc. is a REIT that invests in high-quality properties subjected generally to long-term, net leases with minimal ongoing capital expenditures. As of June 30, 2026, the Company owned 3,774 properties across 50 states, the District of Columbia and Puerto Rico, encompassing approximately 40.4 million square feet of gross leasable area, with a weighted average remaining lease term of 10.1 years. NNN REIT, Inc…

REIT - Retail

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works