Sector Alpha Week of 2026-08-05
Sector Alpha — machine-written from the numbers · Data as of 2026-08-05

New England Realty Associates Limited Partnership

NEN
Real Estate · Real Estate Services

New England Realty Associates Limited Partnership's balance sheet is under water — net worth is negative, so it owes more than it owns. This is a distressed, high-risk situation — the equity can be wiped by dilution or restructuring before operations recover. Not a value setup.

The sharpest disagreement: the price moved −20.2% in a year while annual EPS moved −61.3% — the difference is re-rating, and re-rating has to be repaid with earnings.

The price is between stages while the P/E sits at the 55th percentile of its own 1-year range. But the balance sheet is under water: net worth is negative, so shareholders sit behind everyone the company owes. What settles it: whether the business can earn its way back to positive equity before dilution or restructuring gets there first.

Stage
Mixed
partial read
Price
$57.5
−20.2% 1Y
P/E
1.1×
55th pctile
of its own 1-year range
Revenue (Mar 26)
$0.0 B
+0.0% YoY
Profit (Mar 26)
$0.0 B
Operating margin
0.0%
−50.0 pp YoY
ROIC
3.0%
vs WACC 3.6% → −0.6 pp
Cash conversion
200%
of profit, last 3 FY
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

New England Realty Associates Limited Partnership trades at $57.5, between stages. It sits at 8% of a 52-week range of $56 to $74. On relative strength it is currently behind the S&P 500 on a trailing-13-week view (18 weeks and counting).

Today the stock is between stages. At $57.5 it trades near its long-run average and sits at 8% of its 52-week range ($56–$74).

Aug 26: $57.5 Weekly closing price ($) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 1-year window.
week — of stage —
Price50-day avg
$75.2$70.0$64.9$59.8$54.6$$58Jul 25Oct 25Jan 26Apr 26Aug 26
$75.2$70.0$64.9$59.8$54.6$$58Jul 25Jan 26Aug 26
Beating or trailing, week by week since 2025 Each cell is one week from 2025 to now (55 weeks): the stock's trailing 13-week return minus the S&P 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the S&P 500 reading is not held.
trailing 13-week return vs the S&P 500
Jul 25Aug 26

Against the market, two honest reads. Cumulative: over the last 1.1 years the stock moved −22% while the S&P 500 moved +23% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (18 weeks and counting; last ahead the week of 2026-03-27) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of $1 of annual profit: how many dollars the market pays for each dollar the company earns in a year.

New England Realty Associates Limited Partnership trades at 1.1× P/E, mid-range by its own standards (55th percentile). Its long-run median P/E is 1.1×, measured across 1.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 1.1× is mid-range by its own standards (55th percentile), against a long-run median of 1.1× measured over 1.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 1.1× vs a 1.1× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly step line (right axis). 1.1-year window. The eps (ttm) bars are red where the reading is lower than the quarter before.
mid-range by its own standards (55th percentile)
P/EMedianEPS (TTM) (quarterly)
1.3×$1491.1×$1120.9×$74.30.7×$37.20.5×$0.0×$1.11×$52Jul 25Oct 25Jan 26Apr 26Aug 26
1.3×$1491.1×$1120.9×$74.30.7×$37.20.5×$0.0×$1.11×$52Jul 25Jan 26Aug 26
P/E
1.1×
55th percentile of 1y
PEG
n/m
not derivable — 3-year earnings growth unavailable

🚨 Why the multiple sits where it does: over the past year annual EPS moved −61.3% against a −20.2% price move — the price outran earnings, pushing the multiple UP its own range.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · Stage: Mixed

Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

New England Realty Associates Limited Partnership reads as mixed on its fundamental arc. Mixed — no clean majority across the growth curves — the per-curve reads carry the story. The read is built from 12 quarters across 2 curves, on partial evidence.

Growth, year by year: revenue +12.5% in FY25, profit −50.0% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
18%146%13%90%8.3%34%3.5%−21%−1.3%−77%%%12.5%−50%FY21FY23FY25
18%146%13%90%8.3%34%3.5%−21%−1.3%−77%%%12.5%−50%FY21FY23FY25
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue stabilising
RevenueEPS
1.2%149%0.6%79%0.0%9.7%−0.6%−60%−1.2%−130%%%0%−110.5%Jun 23Sep 24Mar 26
1.2%149%0.6%79%0.0%9.7%−0.6%−60%−1.2%−130%%%0%−110.5%Jun 23Sep 24Mar 26
Revenue growth
Stuck low
latest +0.0% · span +0.0% to +0.0%
EPS growth
Falling
latest −110.5% · span −110.5% to +129.9%

Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.

The return-on-capital curve is not shown — net worth is negative, so a return on capital is not a meaningful number in any basis. This is a distressed balance sheet, and the stage is read from the growth curves alone.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; stock price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+12.5%+8.7%
Profit−50.0%
EPS−61.3%+18.6%
Stock price−20.2%
Revenue YoY (Mar 26)
+0.0%
latest quarter vs a year ago
Revenue 10y
10.7%
long-run compound pace
04 · 4-Factor Sector Score

4-Factor Sector Score

43.7/100 — rank 26 of 27 in Real Estate Services · 48% evidence confidence · provisional, ranked below fully-evidenced peers

New England Realty Associates Limited Partnership scores 43.7 out of 100 against the 27 companies it is compared with in Real Estate Services, ranking 26. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 11.8 + 11.9 + 10 + 10 = 43.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

New England Realty Associates Limited Partnership reported $0.0 B of revenue in the Mar 26 quarter, +0.0% year on year. Over 4 years it has compounded at 10.7% a year. The last full year, FY25, came in at $0.1 B. The last four reported quarters add to $0.1 B.

FY25 revenue came in at $0.1 B (+12.5% on the year), capping 4 years at 10.7% compound. The latest quarter (Mar 26) printed $0.0 B, +0.0% year on year.

FY25 revenue $0.1 B (+12.5% YoY) Revenue bars, $ B (left); YoY growth-% line (right). 5-year window. A bar is red when it is lower than the year before.
10.7% a year over 4 years
RevenueYoY growth
0.1018%0.0713%0.058.3%0.023.5%0.00−1.3%$ B%$0B12.5%FY21FY23FY25
0.1018%0.0713%0.058.3%0.023.5%0.00−1.3%$ B%$0B12.5%FY21FY23FY25
Mar 26: $0.0 B (+0.0% YoY) Quarterly revenue bars, $ B (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
0.0221.2%0.0160.6%0.0110.0%0.005−0.6%0.000−1.2%$ B%$0B0%Jun 23Sep 24Mar 26
0.0221.2%0.0160.6%0.0110.0%0.005−0.6%0.000−1.2%$ B%$0B0%Jun 23Sep 24Mar 26

Pace check: the last four quarters averaged +0.0% growth against the decade's 10.7% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +0.0% over the last 4 quarters against +0.0%/yr over the last 8 — stabilising.

06 · Operating margin

Operating margin Operating margin is what is left of every $100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

New England Realty Associates Limited Partnership's operating margin is 0.0% in the Mar 26 quarter, −50.0 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 16.7% to 37.5%. The current quarter is running below every full year in that window.

The latest quarter's operating margin is 0.0%, −50.0 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 16.7%–37.5%.

🚨 Why the margin moved: operating margin went −50.0 pp year on year while gross margin went +0.0 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

FY25: 22.2% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 5-year window.
within a 16.7–37.5% band over 5 years
operating marginYoY change (pp)
39%14%33%6.2%27%−1.7%21%−9.6%15%−17%%%22.2%−15.3%FY21FY23FY25
39%14%33%6.2%27%−1.7%21%−9.6%15%−17%%%22.2%−15.3%FY21FY23FY25
Mar 26: 0.0% operating margin (−50.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
54%58%40%29%25%0.0%11%−29%−4.0%−58%%%0%−50%Jun 23Sep 24Mar 26
54%58%40%29%25%0.0%11%−29%−4.0%−58%%%0%−50%Jun 23Sep 24Mar 26
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

New England Realty Associates Limited Partnership earned $0.0 B of net profit in the Mar 26 quarter. Full-year FY25 profit was $0.0 B. That is 0.0% of the quarter's revenue. The same quarter a year earlier earned $0.0 B.

Mar 26 profit was $0.0 B, null year on year. On the full year, FY25 printed $0.0 B (−50.0%).

FY25 profit $0.0 B (−50.0% YoY) Net profit bars, $ B (left); YoY growth-% line (right). 5-year window. A bar is red when it is lower than the year before.
Net profitYoY growth
0.022112%0.01669%0.01125%0.005−19%0.000−62%$ B%$0B−50%FY21FY23FY25
0.022112%0.01669%0.01125%0.005−19%0.000−62%$ B%$0B−50%FY21FY23FY25
Mar 26: $0.0 B (null YoY) Quarterly net profit bars, $ B (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)
1.20.60.0−0.6−1.2$ B$0BJun 23Sep 24Mar 26
1.20.60.0−0.6−1.2$ B$0BJun 23Sep 24Mar 26
08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 200% of New England Realty Associates Limited Partnership's reported profit arrived as operating cash — the cash follows the profit. In FY25 that was $0.0 B of operating cash against $0.0 B of profit. After $0.1 B of capital spending, $−0.1 B was left as free cash.

FY25: operating cash of $0.0 B against reported profit of $0.0 B, leaving free cash of $−0.1 B after $0.1 B of capital spending. Across the last 3 fiscal years the conversion rate is 200% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY25: CFO $0.0 B vs profit $0.0 B Operating cash flow and net profit by fiscal year, $ B; the line is free cash flow (CFO minus capital spending). 5-year window, annual resolution. FY25 reflects an acquisition year — point shown clipped.
200% of 3-year profit arrived as cash
Operating cashNet profitFree cash
0.030.020.01−0.01−0.02$ B$0B$0B$0BFY21FY23FY25
0.030.020.01−0.01−0.02$ B$0B$0B$0BFY21FY23FY25
Mar 26: operating cash $0.0 B Operating cash per quarter, $ B (bars); conversion = operating cash as % of net profit (line, right). Last 12 quarters. Dashed line = 100%.
Operating cash (quarterly)100%
0.011101.2%0.008100.6%0.005100.0%0.00399.4%0.00098.8%$ B%$0BJun 23Sep 24Mar 26
0.011101.2%0.008100.6%0.005100.0%0.00399.4%0.00098.8%$ B%$0BJun 23Sep 24Mar 26

Why: conversion is measured cleanly, but the working-capital day-counts behind it sit below what we hold — the move is shown without inventing its driver.

Router verdict: the visible cash user is investment — the next section checks what the spending is buying.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

New England Realty Associates Limited Partnership does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Capital spending ran $0.0 B over the last 3 years. Averaged over those years that is 0.0% of FY25 revenue a year.

Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.

On the investment side: capital spending of $0.0 B over the last 3 fiscal years.

FY25: capex $0.1 B Capital spending per fiscal year, $ B (bars).
steady investment
Capex
0.150.110.080.040.00$ B$0BFY21FY23FY25
0.150.110.080.040.00$ B$0BFY21FY23FY25
Mar 26: capex $0.0 B in the quarter Capital spending per quarter, $ B (bars, left); free cash flow, $ B (line, right). Last 12 quarters.
Capex (quarterly)Free cash
0.080.010.060.000.04−0.020.02−0.040.00−0.05$ B$ B$0B$0BJun 23Sep 24Mar 26
0.080.010.060.000.04−0.020.02−0.040.00−0.05$ B$ B$0B$0BJun 23Sep 24Mar 26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

10 · Return on equity

Return on equity Return on equity (ROE) is the profit the business earns on its shareholders’ money. With the full capital-employed split not in our numbers, ROE is the cleanest long ladder we can draw here.

New England Realty Associates Limited Partnership earns a ROE of −14% in FY25. That is up from a trough of −33% in FY24. Return on invested capital clears the cost of that capital by −0.6 percentage points, so growth here is not yet paying for the capital it uses.

FY25 ROE is −14%, recovered from a FY24 trough of −33% — the full ladder below shows the fall and the climb, undoctored.

🚨 Why the return is what it is — the wiring (FY25): 11.1% net margin × 0.18× asset turns × −7.29× balance-sheet leverage ≈ −14.6% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.

The capstone test — ROIC − WACC: 3.0% − 3.6% = a −0.6 pp spread. The 3.6% is an estimate of this company's own cost of capital — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.

FY25: ROE −14% Return on equity by fiscal year, % (line); ROIC by fiscal year, % (line). 5-year window, dips included. Dashed line = the 3.6% cost of capital used on this page.
the climb back from FY24's −33%
ROEROIC (annual)WACC
12%0.0%−12%−24%−37%%−14.3%5.6%FY21FY23FY25
12%0.0%−12%−24%−37%%−14.3%5.6%FY21FY23FY25
Mar 26: ROIC 4.6% (TTM) vs WACC 3.6% Trailing-twelve-month ROIC and ROE, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROIC (TTM)ROE (TTM)WACC
12%2.2%−7.5%−17%−27%%4.6%1.4%Jun 23Sep 24Mar 26
12%2.2%−7.5%−17%−27%%4.6%1.4%Jun 23Sep 24Mar 26
11 · Dividend

Dividend A dividend is cash paid out per share. Dividend per share is the declared amount for the period; the trailing twelve-month total is the four most recent quarters added together.

New England Realty Associates Limited Partnership paid $1.60 per share over the last four reported quarters, up 25.0% on a year ago. The most recent declaration was $0.40 for Mar 26. Against the current price of $57.5 that is a trailing yield of 2.78%, measured on dividends already paid rather than on a forecast.

New England Realty Associates Limited Partnership paid $1.60 per share across the last four reported quarters, most recently $0.40 for Mar 26. That is up 25.0% against the same quarter a year earlier. Against the current price of $57.5 the trailing twelve months work out to 2.78% — trailing dividends measured against today's price, not a forward estimate.

Dividend per share by quarter Declared dividend per share, $ B, per reported quarter. 12 quarters on file.
latest $0.40 (Mar 26)
Dividend per share
0.40.30.20.10.0$ B$0BJun 23Dec 23Sep 24Jun 25Mar 26
0.40.30.20.10.0$ B$0BJun 23Sep 24Mar 26
12 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.

New England Realty Associates Limited Partnership's net worth is negative — it owes more than it owns — so a debt-to-equity ratio is not meaningful here. On the annual view that ratio went from −7.40 in FY21 to −7.57 in FY25. The returns elsewhere on this page are therefore earned rather than borrowed.

Mar 26: total debt of $0.5 B against shareholder equity of $−0.1 B — a debt-to-equity of −6.63. On the annual view, debt-to-equity went from −7.40 (FY21) to −7.57 (FY25). The returns on this page are earned, not borrowed.

FY25: debt $0.5 B at −7.57× equity Total debt by fiscal year, $ B (bars); debt-to-equity, × (line). 5-year window.
Total debtDebt-to-equity
0.6−5.7×0.4−6.2×0.3−6.7×0.1−7.2×0.0−7.7×$ B×$1B−7.57×FY21FY23FY25
0.6−5.7×0.4−6.2×0.3−6.7×0.1−7.2×0.0−7.7×$ B×$1B−7.57×FY21FY23FY25
Mar 26: debt $0.5 B, debt-to-equity −6.63 Total debt per quarter, $ B (bars); debt-to-equity, × (line). Last 12 quarters.
Total debt (quarterly)Debt-to-equity
0.6−5.7×0.4−6.2×0.3−6.7×0.1−7.2×0.0−7.7×$ B×$1B−6.63×Jun 23Sep 24Mar 26
0.6−5.7×0.4−6.2×0.3−6.7×0.1−7.2×0.0−7.7×$ B×$1B−6.63×Jun 23Sep 24Mar 26
13 · Ownership

Ownership There is no quarter-by-quarter holder register to read here, so we read the crowd through short interest — the slice of tradable shares currently sold short, positioned for a fall.

0.0% of New England Realty Associates Limited Partnership's tradable float is currently sold short — the crowd is not positioned against this stock. At typical trading volumes those positions would take about 0.5 days to buy back. There is no quarter-by-quarter holder register to read for this filer, so the crowd is read through short interest instead.

The latest reading: 0.0% of the float is sold short, and at typical trading volumes it would take about 0.5 days to buy those positions back. The crowd is not positioned against this stock. This is a single point-in-time reading — we do not yet hold its history, so we show no trend chart.

Short interest
0.0%
of the tradable float
Days to cover
0.5
at typical volumes

Why it sits there: who is doing the shorting, and why, does not travel with the number — the level is shown without inventing its story.

14 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

New England Realty Associates Limited Partnership: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

15 · Related companies · Real Estate Services
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Jones Lang LaSalle IncorporatedJLL 64.8/100Thin evidence · provisional58% evidence TURNING 21.3/35 Revenue — · PAT — · OPM change 1.1 pp 45% evidence 14.8/25 ROCE 2.8% · OPM 3.2% 76% evidence 10.9/20 P/E 14.9× · PEG — 15% evidence 17.8/20 RS sector 17.1% · RS bench 4.1% · 1Y 32.2%2 of 12 weeks ahead 100% evidence
Exact sum: 21.3 + 14.8 + 10.9 + 17.8 = 64.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
2The RMR Group Inc.RMR 60.7/100Mixed-positive evidence75% evidence ASLEEP 16.0/35 Revenue -20.4% · PAT 0% · OPM change 0.3 pp 83% evidence 14.3/25 ROCE 1.2% · OPM 4.8% 76% evidence 16.2/20 P/E 12.8× · PEG 0.46 65% evidence 14.2/20 RS sector 11.1% · RS bench -0.5% · 1Y 18.4%10 of 12 weeks ahead 70% evidence
Exact sum: 16 + 14.3 + 16.2 + 14.2 = 60.7 · Decision use: Price leads the evidence: RS versus the benchmark is -0.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
3CBRE Group, Inc.CBRE 56.6/100Thin evidence · provisional58% evidence BASING 19.8/35 Revenue — · PAT — · OPM change 1.8 pp 45% evidence 15.4/25 ROCE 2% · OPM 4.9% 76% evidence 10.2/20 P/E 30.9× · PEG — 15% evidence 11.2/20 RS sector 1.8% · RS bench -10% · 1Y -2.8%0 of 12 weeks ahead 100% evidence
Exact sum: 19.8 + 15.4 + 10.2 + 11.2 = 56.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4Star HoldingsSTHO 53.7/100Thin evidence · provisional58% evidence TURNING 21.3/35 Revenue 11.5% · PAT — · OPM change 21.4 pp 62% evidence 7.1/25 ROCE -1.2% · OPM -29.6% 76% evidence 11.5/20 P/E 2.3× · PEG — 15% evidence 13.8/20 RS sector 10.9% · RS bench -1% · 1Y 26.6%4 of 12 weeks ahead 70% evidence
Exact sum: 21.3 + 7.1 + 11.5 + 13.8 = 53.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
5FirstService CorporationFSV 53.6/100Thin evidence · provisional58% evidence TURNING 20.0/35 Revenue — · PAT — · OPM change 0.4 pp 45% evidence 15.7/25 ROCE 2.9% · OPM 3.5% 76% evidence 9.7/20 P/E 40.3× · PEG — 15% evidence 8.2/20 RS sector -8.7% · RS bench -19.5% · 1Y -28.4%0 of 12 weeks ahead 100% evidence
Exact sum: 20 + 15.7 + 9.7 + 8.2 = 53.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
6Marcus & Millichap, Inc.MMI 53.0/100Thin evidence · provisional58% evidence ASLEEP 22.3/35 Revenue 9.7% · PAT — · OPM change 8.8 pp 62% evidence 8.4/25 ROCE -0.8% · OPM -3.4% 76% evidence 9.4/20 P/E 47.7× · PEG — 15% evidence 12.9/20 RS sector 8.3% · RS bench -3.7% · 1Y 6.4%6 of 12 weeks ahead 70% evidence
Exact sum: 22.3 + 8.4 + 9.4 + 12.9 = 53 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
7CoStar Group, Inc.CSGP 50.1/100Thin evidence · provisional58% evidence BASING 22.9/35 Revenue — · PAT — · OPM change 6.2 pp 45% evidence 12.3/25 ROCE 0.8% · OPM 0.3% 76% evidence 9.3/20 P/E 149.1× · PEG — 15% evidence 5.6/20 RS sector -44.2% · RS bench -51.8% · 1Y -68.4%0 of 12 weeks ahead 100% evidence
Exact sum: 22.9 + 12.3 + 9.3 + 5.6 = 50.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8Newmark Group, Inc.NMRK 49.6/100Thin evidence · provisional58% evidence BASING 20.6/35 Revenue — · PAT — · OPM change 5.8 pp 45% evidence 13.3/25 ROCE 1.3% · OPM 3.2% 76% evidence 10.5/20 P/E 18.7× · PEG — 15% evidence 5.2/20 RS sector -2.6% · RS bench -13.9% · 1Y -2.7%0 of 12 weeks ahead 100% evidence
Exact sum: 20.6 + 13.3 + 10.5 + 5.2 = 49.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
9IHS Holding LimitedIHS 48.9/100Mixed-negative evidence64% evidence ASLEEP 12.2/35 Revenue 3.7% · PAT — · OPM change -15.5 pp 62% evidence 15.2/25 ROCE 3.2% · OPM 26.8% 76% evidence 10.8/20 P/E 15.5× · PEG — 15% evidence 10.7/20 RS sector 7.5% · RS bench -3.8% · 1Y 23.5%0 of 12 weeks ahead 100% evidence
Exact sum: 12.2 + 15.2 + 10.8 + 10.7 = 48.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Transcontinental Realty Investors, Inc.TCI 48.5/100Mixed-negative evidence75% evidence BREAKING OUT 14.8/35 Revenue 2.1% · PAT 0% · OPM change -10.6 pp 83% evidence 9.8/25 ROCE -0.2% · OPM -15.9% 76% evidence 15.0/20 P/E 32× · PEG 0.54 65% evidence 8.9/20 RS sector -0.9% · RS bench -12.5% · 1Y 4.4%6 of 12 weeks ahead 70% evidence
Exact sum: 14.8 + 9.8 + 15 + 8.9 = 48.5 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
11Compass, Inc.COMP 47.7/100Mixed-negative evidence64% evidence BREAKING OUT 14.9/35 Revenue 40.1% · PAT — · OPM change -9 pp 62% evidence 4.2/25 ROCE -8.9% · OPM -13% 76% evidence 9.0/20 P/E 365.5× · PEG — 15% evidence 19.6/20 RS sector 27% · RS bench 12.7% · 1Y 47.2%8 of 12 weeks ahead 100% evidence
Exact sum: 14.9 + 4.2 + 9 + 19.6 = 47.7 · Decision use: Price leads the evidence: RS versus the benchmark is 12.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
12Colliers International Group Inc.CIGI 47.3/100Thin evidence · provisional58% evidence BASING 17.3/35 Revenue — · PAT — · OPM change -0.1 pp 45% evidence 14.1/25 ROCE 1.8% · OPM 2.7% 76% evidence 9.6/20 P/E 44.6× · PEG — 15% evidence 6.3/20 RS sector -21.1% · RS bench -30.9% · 1Y -37%0 of 12 weeks ahead 100% evidence
Exact sum: 17.3 + 14.1 + 9.6 + 6.3 = 47.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
13Cushman & Wakefield LimitedCWK 46.6/100Mixed-negative evidence71% evidence BASING 18.3/35 Revenue 10.4% · PAT -53.8% · OPM change 0.3 pp 83% evidence 11.8/25 ROCE 1.1% · OPM 2.3% 76% evidence 9.9/20 P/E 38.3× · PEG — 15% evidence 6.6/20 RS sector -2.5% · RS bench -13.9% · 1Y 2.8%0 of 12 weeks ahead 100% evidence
Exact sum: 18.3 + 11.8 + 9.9 + 6.6 = 46.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14American Realty Investors, Inc.ARL 43.1/100Thin evidence · provisional58% evidence TURNING 15.0/35 Revenue 4.2% · PAT — · OPM change -11 pp 62% evidence 9.1/25 ROCE -0.2% · OPM -17.8% 76% evidence 10.3/20 P/E 20.3× · PEG — 15% evidence 8.7/20 RS sector -1.2% · RS bench -12.2% · 1Y 20%5 of 12 weeks ahead 70% evidence
Exact sum: 15 + 9.1 + 10.3 + 8.7 = 43.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
15The Real Brokerage Inc.REAX 42.8/100Thin evidence · provisional55% evidence BASING 23.9/35 Revenue 46.8% · PAT — · OPM change 0.8 pp 62% evidence 5.2/25 ROCE -7% · OPM -0.7% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 3.7/20 RS sector -42.9% · RS bench -50.6% · 1Y -55.8%0 of 12 weeks ahead 70% evidence
Exact sum: 23.9 + 5.2 + 10 + 3.7 = 42.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
16Seaport Entertainment Group Inc.SEG 41.4/100Thin evidence · provisional55% evidence BREAKING OUT 12.3/35 Revenue 13.4% · PAT — · OPM change -130.3 pp 62% evidence 3.8/25 ROCE -7% · OPM -333.8% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 15.3/20 RS sector 15.9% · RS bench 3.3% · 1Y 13%8 of 12 weeks ahead 70% evidence
Exact sum: 12.3 + 3.8 + 10 + 15.3 = 41.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17RE/MAX Holdings, Inc.RMAX 38.7/100Mixed-negative evidence74% evidence ASLEEP 9.2/35 Revenue -5% · PAT -90% · OPM change -18.3 pp 62% evidence 7.5/25 ROCE -1.8% · OPM -11.1% 76% evidence 8.7/20 P/E 576× · PEG 1.66 65% evidence 13.3/20 RS sector 17% · RS bench 4.2% · 1Y 20.5%10 of 12 weeks ahead 100% evidence
Exact sum: 9.2 + 7.5 + 8.7 + 13.3 = 38.7 · Decision use: Price leads the evidence: RS versus the benchmark is 4.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
18FRP Holdings, Inc.FRPH 38.0/100Mixed-negative evidence65% evidence TURNING 11.7/35 Revenue 4.8% · PAT -85.7% · OPM change -17.8 pp 83% evidence 10.9/25 ROCE 0.1% · OPM 4.8% 76% evidence 8.7/20 P/E 547× · PEG — 15% evidence 6.7/20 RS sector -3.7% · RS bench -14.5% · 1Y -13.5%0 of 12 weeks ahead 70% evidence
Exact sum: 11.7 + 10.9 + 8.7 + 6.7 = 38 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19AGNT, IncAGNT 37.9/100Thin evidence · provisional58% evidence ASLEEP 18.6/35 Revenue 5.3% · PAT — · OPM change 0.2 pp 62% evidence 7.5/25 ROCE -3.8% · OPM -0.9% 76% evidence 8.8/20 P/E 406× · PEG — 15% evidence 3.0/20 RS sector -46.1% · RS bench -53.2% · 1Y -57.6%0 of 12 weeks ahead 70% evidence
Exact sum: 18.6 + 7.5 + 8.8 + 3 = 37.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
20Maui Land & Pineapple Company, Inc.MLP 37.4/100Mixed-negative evidence65% evidence TURNING 11.4/35 Revenue 20% · PAT -500% · OPM change -28.5 pp 83% evidence 4.9/25 ROCE -5.5% · OPM -59.2% 76% evidence 9.1/20 P/E 239.2× · PEG — 15% evidence 12.0/20 RS sector 6.6% · RS bench -5.2% · 1Y 4.9%4 of 12 weeks ahead 70% evidence
Exact sum: 11.4 + 4.9 + 9.1 + 12 = 37.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
21Douglas Elliman Inc.DOUG 32.3/100Thin evidence · provisional58% evidence ASLEEP 9.7/35 Revenue -5.3% · PAT — · OPM change -6.1 pp 62% evidence 6.3/25 ROCE -4.8% · OPM -8.2% 76% evidence 11.1/20 P/E 13.9× · PEG — 15% evidence 5.2/20 RS sector -20.5% · RS bench -30.3% · 1Y -21.4%1 of 12 weeks ahead 70% evidence
Exact sum: 9.7 + 6.3 + 11.1 + 5.2 = 32.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
22Seritage Growth PropertiesSRG 31.0/100Thin evidence · provisional51% evidence ASLEEP 9.2/35 Revenue 0% · PAT — · OPM change -635.5 pp 62% evidence 7.3/25 ROCE -4.2% · OPM — 61% evidence 10.0/20 P/E — · PEG — 0% evidence 4.5/20 RS sector -22.5% · RS bench -32% · 1Y -15%0 of 12 weeks ahead 70% evidence
Exact sum: 9.2 + 7.3 + 10 + 4.5 = 31 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
23Opendoor Technologies Inc.OPEN 23.0/100Adverse evidence61% evidence ASLEEP 7.9/35 Revenue -23.2% · PAT — · OPM change -17.2 pp 62% evidence 4.0/25 ROCE -7.5% · OPM -22.1% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 1.1/20 RS sector -27.1% · RS bench -36.1% · 1Y 111.3%0 of 12 weeks ahead 100% evidence
Exact sum: 7.9 + 4 + 10 + 1.1 = 23 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
24Comstock Holding Companies, Inc.CHCI 64.1/100Thin evidence · provisional47% evidence BASING 23.0/35 Revenue 24.1% · PAT 13.3% · OPM change — 45% evidence 13.6/25 ROCE — · OPM — 15% evidence 15.9/20 P/E 11.4× · PEG 0.83 65% evidence 11.6/20 RS sector 5.6% · RS bench -5.7% · 1Y 11.9%4 of 12 weeks ahead 70% evidence
Exact sum: 23 + 13.6 + 15.9 + 11.6 = 64.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
25Rafael Holdings, Inc.RFL 54.8/100Thin evidence · provisional24% evidence BREAKING OUT 16.3/35 Revenue — · PAT — · OPM change — 8% evidence 10.9/25 ROCE — · OPM — 15% evidence 10.6/20 P/E 18.1× · PEG — 15% evidence 17.0/20 RS sector 34.8% · RS bench 20.9% · 1Y 23.5%9 of 12 weeks ahead 70% evidence
Exact sum: 16.3 + 10.9 + 10.6 + 17 = 54.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
26New England Realty Associates Limited Partnershipthis pageNEN 43.7/100Thin evidence · provisional48% evidence BASING 11.8/35 Revenue 14.8% · PAT -112.5% · OPM change -23.9 pp 83% evidence 11.9/25 ROCE 0.4% · OPM 6.2% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 10.0/20 RS sector — · RS bench — · 1Y -20.2%0 of 10 weeks ahead 0% evidence
Exact sum: 11.8 + 11.9 + 10 + 10 = 43.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
27Hotel101 Global Holdings Corp.HBNB 43.1/100Thin evidence · provisional29% evidence ASLEEP 18.3/35 Revenue — · PAT — · OPM change — 9% evidence 8.9/25 ROCE -1.7% · OPM — 46% evidence 10.0/20 P/E — · PEG — 0% evidence 5.9/20 RS sector -7.9% · RS bench -17.5% · 1Y 213.7%0 of 12 weeks ahead 70% evidence
Exact sum: 18.3 + 8.9 + 10 + 5.9 = 43.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

16 · Frequently asked questions

Frequently asked questions

What is New England Realty Associates Limited Partnership's stock price today?

New England Realty Associates Limited Partnership trades at $57.5, −20.2% over the past year. The company is valued at $0.0 B. The stock sits at 8% of its 52-week range of $56–$74. Against the S&P 500 it has been behind on a trailing-13-week view for 18 weeks. — as of 5 August 2026.

What were New England Realty Associates Limited Partnership's latest quarterly results?

New England Realty Associates Limited Partnership reported revenue of $0.0 B and net profit of $0.0 B for the Mar 26 quarter. The operating margin was 0.0%, 50.0 pp lower than a year earlier. — as of 5 August 2026.

What is New England Realty Associates Limited Partnership's revenue?

New England Realty Associates Limited Partnership reported revenue of $0.0 B in the Mar 26 quarter, +0.0% year on year. For the full FY25 fiscal year, revenue was $0.1 B (+12.5%). Over the last 4 years revenue compounded at 10.7% a year. — as of 5 August 2026.

What is New England Realty Associates Limited Partnership's profit?

New England Realty Associates Limited Partnership earned $0.0 B of net profit in the Mar 26 quarter. Full-year FY25 profit was $0.0 B. The operating margin ran 0.0% in the latest quarter. — as of 5 August 2026.

What is New England Realty Associates Limited Partnership's market cap?

New England Realty Associates Limited Partnership's market capitalisation is $0.0 B at a stock price of $57.5. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 5 August 2026.

What is New England Realty Associates Limited Partnership's P/E ratio?

New England Realty Associates Limited Partnership trades at a P/E of 1.1×, at the 55th percentile of its own 1-year range, against a long-run median of 1.1×. This is a comparison with the stock's own history, not a value call — as of 5 August 2026.

Does New England Realty Associates Limited Partnership pay a dividend?

Yes — New England Realty Associates Limited Partnership declared $0.40 per share for Mar 26, and $1.60 per share across the last four reported quarters. The latest quarter is up 25.0% on the same quarter a year earlier. — as of 5 August 2026.

What is New England Realty Associates Limited Partnership's dividend per share?

New England Realty Associates Limited Partnership's most recently declared dividend is $0.40 per share for Mar 26, giving $1.60 per share over the trailing twelve months. Each figure is the amount declared for that quarter as reported, added across four quarters for the trailing total. — as of 5 August 2026.

What is New England Realty Associates Limited Partnership's dividend yield?

New England Realty Associates Limited Partnership's trailing dividend yield is 2.78%: $1.60 declared per share across the last four reported quarters, against a share price of $57.5. Each quarter’s figure is the amount declared for that quarter as reported, added across four quarters and divided by the latest close. — as of 5 August 2026.

Is New England Realty Associates Limited Partnership overvalued?

On its own history, New England Realty Associates Limited Partnership looks mid-range against its own history: its P/E of 1.1× sits at the 55th percentile of its 1-year range (long-run median 1.1×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 5 August 2026.

How is New England Realty Associates Limited Partnership performing?

New England Realty Associates Limited Partnership's latest readings are below. Against the S&P 500 it has been behind on a trailing-13-week view for 18 weeks. This describes what the data did, not a rating. — as of 5 August 2026.

What stage is New England Realty Associates Limited Partnership in?

Mixed — no clean majority across the growth curves — the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth +0.0% latest, eps growth −110.5% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 5 August 2026.

Is New England Realty Associates Limited Partnership beating the market?

Not lately — on a trailing-13-week view New England Realty Associates Limited Partnership is currently behind the S&P 500 (18 weeks and counting; last ahead the week of 2026-03-27), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 1.1 years the stock moved −22% against the S&P 500's +23% — behind the index over the full window. — as of 5 August 2026.

Will New England Realty Associates Limited Partnership's stock price go up?

This page publishes no price forecast for New England Realty Associates Limited Partnership. What it measures instead: the stock price is $57.5. Its P/E of 1.1× sits at the 55th percentile of its own 1-year range. Direction is not something this site claims to know. — as of 5 August 2026.

Is the market betting against New England Realty Associates Limited Partnership?

No — short interest is 0.0% of New England Realty Associates Limited Partnership's tradable float, about 0.5 days to cover at typical volumes. That is a low reading: the crowd is not positioned against this stock. With no quarter-by-quarter holder register here, short interest is the cleanest crowd read we hold — as of 5 August 2026.

What is New England Realty Associates Limited Partnership's capex?

New England Realty Associates Limited Partnership spent $0.0 B on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was $0.1 B. — as of 5 August 2026.

What is New England Realty Associates Limited Partnership's cash flow?

New England Realty Associates Limited Partnership generated $0.0 B of operating cash flow in FY25 and $−0.1 B of free cash flow after $0.1 B of capital spending. Reported profit that year was $0.0 B, so operating cash ran ahead of profit. — as of 5 August 2026.

Is New England Realty Associates Limited Partnership's profit real cash?

Yes — over the last 3 fiscal years, 200% of New England Realty Associates Limited Partnership's reported profit arrived as operating cash. In FY25, operating cash was $0.0 B against reported profit of $0.0 B. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 5 August 2026.

Where is New England Realty Associates Limited Partnership in its business cycle?

New England Realty Associates Limited Partnership's FY25 operating margin was 22.2%, against a 5-year band of 16.7%–37.5%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 0.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 5 August 2026.

What could break the New England Realty Associates Limited Partnership story?

The sharpest disagreement: the price moved −20.2% in a year while annual EPS moved −61.3% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 5 August 2026.

Is New England Realty Associates Limited Partnership a stock worth studying right now?

This is not investment advice. The machine read: New England Realty Associates Limited Partnership's balance sheet is under water — net worth is negative, so it owes more than it owns. This is a distressed, high-risk situation — the equity can be wiped by dilution or restructuring before operations recover. Not a value setup. The sharpest open question: whether the business can earn its way back to positive equity before dilution or restructuring gets there first. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 5 August 2026.

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