| Company Name: | National Retail Properties, Incorporated | | Ticker Symbol: | NNN | | | WWW Address: | www.nnnreit.com | | CEO: | Craig Macnab | | No. of Employees: | 59 | | Common Issue Type: | RE | | Business Description: | The Company is a fully integrated real estate investment trust
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| | | Industry Information: | REAL ESTATE - REIT - Diversified [more like this] | |
| Price | Day Change | Bid | Ask | Open | High | Low | Volume | | 19.71 | 0.2 | 19.69 | 19.7 | 19.76 | 19.62 | 19.26 | 216795 |
| Market Cap (mil) | Shares Outstanding (mil) | Beta | EPS | DPS | P/E | Yield | 52-Wks-Range |
| 1,624.1 | 82.4 | 1.14 | 1.56 | 1.48 | 15.7 | 7.7 | 22.80 - 10.47 |
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| KEY FIGURES (Latest Twelve Months - LTM) | | Yesterday's Close | 19.51 | $ | | PE Ratio - LTM | 15.7 | |
| Market Capitalisation | 1,607.6 | mil |
| Latest Shares Outstanding | 82.4 | mil |
| Earnings pS (EPS) | 1.56 | $ |
| Dividend pS (DPS) | 1.48 | ¢ |
| Dividend Yield | 7.7 | % |
| Dividend Payout Ratio | 95 | % |
| Revenue per Employee | 4,133,186 | $ |
| Effective Tax Rate | 0.3 | % |
| Float | 79.6 | mil |
| Float as % of Shares Outstanding | 98.6 | % |
| Foreign Sales | - | |
| Domestic Sales | - | |
| Selling, General & Adm/tive (SG&A) as % of Revenue | - | |
| Research & Devlopment (R&D) as % of Revenue | - | |
| Gross Profit Margin | - | |
| EBITDA Margin | 66.1 | % |
| Pre-Tax Profit Margin | 43.0 | % |
| Assets Turnover | 0.1 | % |
| Return on Assets (ROA) | 3.7 | % |
| Return on Equity (ROE) | 6.5 | % |
| Return on Capital Invested (ROCI) | 6.1 | % |
| Current Ratio | - | |
| Leverage Ratio (Assets/Equity) | 1.7 | |
| Interest Cover | 2.7 | |
| Total Debt/Equity (Gearing Ratio) | 0.00 | |
| LT Debt/Total Capital | 0.0 | % |
| Working Capital pS | - | |
| Cash pS | - | |
| Book-Value pS | 18.40 | $ |
| Tangible Book-Value pS | 18.40 | $ |
| Cash Flow pS | 1.12 | $ |
| Free Cash Flow pS | -0.38 | $ |
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| KEY FIGURES (LTM): Price info |
| Price/Book Ratio | 1.06 | |
| Price/Tangible Book Ratio | 1.06 | |
| Price/Cash Flow | 17.5 | |
| Price/Free Cash Flow | -52.0 | |
| P/E as % of Industry Group | 0.0 | % |
| P/E as % of Sector Segment | 0.0 | % |
| | | Balance Sheet (at a glance) in Millions |
| | | | | | DIVIDEND INFO | | Dividend Declared Date | 10/15/2009 |
| Dividend Ex-Date | 10/27/2009 |
| Dividend Record Date | 10/29/2009 |
| Dividend Pay Date | 11/15/2009 |
| Dividend Amount | 375 |
| Type of Payment | Cash Payment |
| Dividend Rate | 1.50 |
| Current Dividend Yield | 7.7 |
| 5-Y Average Dividend Yield | 6.7 |
| Payout Ratio | 95.0 |
| 5-Y Average Payout Ratio | 83.0 |
|  | | Share price performance previous 3 years |
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|  | | Share price performance intraday |
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| PRICE/VOLUME | High | Low | Close | % Price Chg | % Price Chg vs. Mkt. | Avg. Daily Vol | Total Vol |
| 1 Week | - | - | - | 0.2 | 100 | 10,324 | 51,835 |
| 4 Weeks | 21.45 | 18.87 | 20.74 | -5.9 | 93 | 10,442 | 208,842 |
| 13 Weeks | 22.80 | 18.87 | 20.53 | -5.0 | 89 | 8,690 | 556,149 |
| 26 Weeks | 22.80 | 15.54 | 15.96 | 22.2 | 99 | 9,802 | 1,244,898 |
| 52 Weeks | 22.80 | 10.47 | 11.51 | 69.5 | 124 | 15,235 | 3,823,877 |
| YTD | 22.80 | 12.26 | - | 13.5 | 94 | 14,596 | 3,284,077 |
| Moving Average | 5-Days | 10-Days | 10-Weeks | 30-Weeks | 200-Days | Beta (60-Mnth) | Beta (36-Mnth) |
| 19.67 | 19.60 | 20.58 | 19.01 | 18.11 | 1.14 | 1.14 |
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| GROWTH RATES | 5-Year Growh | R² of 5-Year Growth | 3-Year Growth |
| Revenue | 12.93 | 94.4 | 13.11 |
| Income | 4.60 | 4.9 | -22.46 |
| Dividend | 3.28 | 90.6 | 4.32 |
| Capital Spending | 15.27 | NA | 18.45 |
| R&D | 0.00 | NA | 0.00 |
| Normalized Inc. | 6.38 | NA | -1.76 |
| | | CHANGES | YTD vs. Last YTD | Curr Qtr vs. Qtr 1-Yr ago | Annual vs. Last Annual |
| Revenue % | 0.3 | -4.1 | 27.3 |
| Earnings % | -18.6 | -24.7 | -26.0 |
| EPS % | -27.0 | -33.3 | -31.0 |
| EPS $ | -0.33 | -0.13 | -0.70 |
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| SOLVENCY RATIOS | | SHORT-TERM SOLVENCY RATIOS (LIQUIDITY) |
| Free Cash Flow Margin | -70.83 |
| Free Cash Flow Margin 5YEAR AVG | -150.78 |
| Cash-Flow pS | 3.19 |
| Free Cash-Flow pS | -2.20 |
| FINANCIAL STRUCTURE RATIOS |
| Financial Leverage Ratio (Assets/Equity) | 1.72 |
| Debt Ratio | 41.79 |
| Total Debt/Equity (Gearing Ratio) | 0.68 |
| LT Debt/Equity | 0.68 |
| LT Debt/Capital Invested | 40.57 |
| LT Debt/Total Liabilities | 95.09 |
| | | | VALUATION RATIOS | | MULTIPLES |
| PQ Ratio | 6.92 |
| Tobin's Q Ratio | 0.62 |
| Current P/E Ratio - LTM | 15.70 |
| Enterprise Value (EV)/EBITDA | 0.10 |
| Enterprise Value (EV)/Free Cash Flow | 4.51 |
| Dividend Yield | 7.7 |
| Price/Tangible Book Ratio - LTM | 1.06 |
| Price/Book Ratio - LTM | 1.06 |
| Price/Cash Flow Ratio | 17.5 |
| Price/Free Cash Flow Ratio - LTM | -52.0 |
| P/E Ratio (1 month ago) - LTM | 16.4 |
| P/E Ratio (26 weeks ago) - LTM | 11.0 |
| P/E Ratio (52 weeks ago) - LTM | 6.9 |
| 5-Y High P/E Ratio | 18.5 |
| 5-Y Low P/E Ratio | 6.2 |
| 5-Y Average P/E Ratio | 12.5 |
| Current P/E Ratio as % of 5-Y Average P/E | 126 |
| P/E as % of Industry Group | 0.0 |
| P/E as % of Sector Segment | 0.0 |
| Current 12 Month Normalized P/E Ratio - LTM | 17.6 |
| PER SHARE FIGURES |
| Tangible Book Value pS - LTM | 18.40 |
| Book Value pS - LTM | 18.40 |
| Capital Invested pS | 31.49 |
| Cash Flow pS - LTM | 1.12 |
| Free Cash Flow pS - LTM | -0.38 |
| Earnings pS (EPS) | 1.56 |
| | | | OPERATING RATIOS | | PROFITABILITY |
| Return on Equity (ROE) | 8.01 |
| Return on Equity (ROE) - 5YEAR AVRG. | 11.5 |
| Return on Capital Invested (ROCI) | 4.48 |
| Return on Capital Invested (ROCI) - 5YEAR AVRG. | 6.1 |
| Return on Assets (ROA) | 4.39 |
| Return on Assets (ROA) - 5YEAR AVRG. | 5.9 |
| EBIT Margin - LTM | 67.9 |
| EBITDA Margin - LTM | 66.1 |
| Pre-Tax Profit Margin | 42.82 |
| Pre-Tax Profit Margin - 5YEAR AVRG. | 39.27 |
| Net Profit Margin | 47.65 |
| Net Profit Margin - 5YEAR AVRG. | 68.37 |
| Effective Tax Rate | 0.29 |
| Effective Tax Rate - 5YEAR AVRG. | -7.26 |
| EFFICIENCY RATIOS |
| Revenue per Employee - LTM | 4,147,356 |
| Net Income per Employee - LTM | 1,676,119 |
| Assets/Revenue - LTM | 1,000.00 |
| Assets/Revenue - 5YEAR AVRG. | 1,124.87 |
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