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← CockpitCompetitor Analysis › NRR.L NewRiver REIT plcOpen in the cockpit ↗

NewRiver REIT plcNRR.LCompetitor analysis, valuation and peers

United Kingdom · GBP·Real Estate›Real Estate Investment Trusts
Momentum neutral 46
Mkt cap
$470M
US dollars, full cap
Free float
96%
of shares outstanding
$/day
$783,272
20-day average traded
Fwd P/E
10.1×
forward earnings
ROIC−WACC
n/a
WACC 7.5%
Hurdle
n/a
no reverse DCF
Next earnings
13 days
19 Nov 2026
Close · GBP£80.20
1D-0.4%
1W-0.2%
1M+5.9%
3M-1.8%
6M+6.4%
YTD+16.1%
1Y+13.8%
ATR %3.8%
52w lowhigh5.7% off high

What NewRiver REIT does

Employees: 250

NewRiver REIT at a glance

Size NewRiver REIT (NRR.L) is a United Kingdom Real Estate company (Real Estate Investment Trusts) with a market value of $470M, the 302nd largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £80.20 on 6 Nov 2026.

Performance Over six months the shares gained 6.4%, against -17.8% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 44.8% over the last twelve months (peer median +5.9%); the operating margin is 39.1% (peer median 49.0%).

Valuation It trades at 10.1× forward earnings against a peer median of 16.5× (4th cheapest of 15).

Next results Next results expected around 19 Nov 2026 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026NRR.L 106Peer median 85
Six months, rebased to 100: NewRiver REIT against the median of its 20 peers (local-currency closes).

NewRiver REIT financials

Reported figures in GBP; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue£131M£131M£90.5M£64.2M£73.7M
Revenue growth—+45%+41%-13%—
Gross profit£68.2M£68.2M£55.1M£41.5M£46.4M
EBITDA£52.1M£54.5M£40.5M£29.7M£35.8M
Net income£31.7M£31.7M£23.7M£3.00M-£16.8M
Free cash flow£19.6M£19.6M£18.7M£16.6M£24.0M
Capital expenditure£17.6M£17.6M£9.70M£6.10M£3.00M
Total debtn/a£517M£511M£372M£373M

Quarterly statements and history in the cockpit →

NewRiver REIT competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%-20%0%FBRTHPP3492OLP34870435YTST180305GOOD293940LIVEAPR-UN3290TRTX3476365550ADAM0948000405M1GUNRR.L6-month return →1-month return →
Up and to the right = strong over both horizons. NewRiver REIT is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%20×40×60×FBRT3492OLP3487GOOD293940LIVEAPR-UNTRTX3476365550ADAM0405M1GUNRR.LRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. NewRiver REIT is the large dot.

NewRiver REIT competitors and peer comparison

How NewRiver REIT compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

NewRiver REIT against its 20 peers (data as of 6 Nov 2026)
MeasureNRR.LPeer medianRank in peer set
1-month return+5.9%-3.6%4th highest of 21
6-month return+6.4%-17.8%3rd highest of 21
Distance from 52-week high-5.7%-25.2%3rd highest of 21
Revenue growth (TTM)+44.8%+5.9%2nd highest of 19
Operating margin39.1%49.0%6th lowest of 20
Forward P/E10.1×16.5×4th cheapest of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
NewRiver REIT NRR.LUnited Kingdom$470M+6%+45%39%10.1×n/an/a
Franklin BSP Realty Trust FBRTUnited States$469M-32%-1%49%7.3×n/an/a
Hudson Pacific Properties HPPUnited States$471M-22%+3%-1%n/an/an/a
MIRARTH Real Estate Investment 3492.TJapan$461M-18%+35%50%28.7×n/an/a
One Liberty Properties OLPUnited States$461M-10%+11%34%54.1×n/an/a
CRE Logistics REIT 3487.TJapan$460M-23%+23%41%17.0×n/an/a
Sunlight Real Estate Investment Trust 0435.HKHong Kong$481M-10%-5%65%n/an/an/a
Testa Residencial Socimi YTST.MCSpain$482M+13%-2%59%n/an/an/a
China Southern SF Express Closed Infrastructure REIT 180305.SZChina$490M-12%n/a10%n/an/an/a
Gladstone Commercial GOODUnited States$497M-21%+11%39%64.4×n/an/a
Shinhan Alpha REIT 293940.KSSouth Korea$497M-8%+45%63%24.0×n/an/a
Living REIT LIVE.LUnited Kingdom$443M0%+5%79%10.8×n/an/a
Automotive Properties Real Estate Investment Trust APR-UN.TOCanada$499M+11%+18%78%12.5×n/an/a
One REIT 3290.TJapan$435M-10%0%30%n/an/an/a
TPG RE Finance Trust TRTXUnited States$512M-21%+6%73%6.2×n/an/a
MIRAI 3476.TJapan$431M-23%-22%37%26.4×n/an/a
ESR Kendall Square REIT 365550.KSSouth Korea$513M-37%+11%49%25.7×n/an/a
Adamas Trust ADAMUnited States$514M-36%+35%58%5.6×n/an/a
Mirae Asset Maps Realty Real Estate Public Investment 094800.KSSouth Korea$424M-17%n/an/an/an/an/a
Yuexiu Real Estate Investment Trust 0405.HKHong Kong$424M-19%-11%48%11.1×n/an/a
Alpha Integrated Real Estate Investment Trust M1GU.SISingapore$423M-1%+6%48%16.1×n/an/a

Questions

Which companies are NewRiver REIT's closest peers?
The cockpit's peer set: Franklin BSP Realty Trust (FBRT), Hudson Pacific Properties (HPP), MIRARTH Real Estate Investment (3492.T), One Liberty Properties (OLP), CRE Logistics REIT (3487.T), Sunlight Real Estate Investment Trust (0435.HK), Testa Residencial Socimi (YTST.MC), China Southern SF Express Closed Infrastructure REIT (180305.SZ).
Is NewRiver REIT expensive compared with its peers?
On forward p/e it trades at 10.1× against a peer median of 16.5×, 4th cheapest of 15 in its peer set.
How has NewRiver REIT stock performed?
Over six months to 6 Nov 2026 the shares returned +6.4% against -17.8% for the median peer; over one year +13.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.