Novavest Real Estate AG (NREN) AI Stock Analysis

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Novavest Real Estate AG

(Six Swiss:NREN)

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Rating:62Neutral

Price Target:CHF 40.00▲(6.67% Upside)

Action:reiterated

Date:11/07/26

The score is driven primarily by mixed financial performance—strong recent profitability and positive cash generation, but with notable volatility and elevated leverage. Valuation is supportive with a modest P/E and a solid dividend yield. Technicals are the main drag, with the stock trading below key longer-term moving averages and a negative MACD.

Positive Factors

Recurring rental-income modelThe recurring rental-income model provides an underlying revenue base tied to occupied properties and contracted rents, rather than relying solely on asset sales. This can support business resilience and cash generation over the next several quarters when portfolio management and leasing remain effective.

Negative Factors

Elevated leverageDebt exceeding equity increases NREN’s sensitivity to refinancing conditions and changes in property values, both of which can affect financial flexibility. Elevated leverage may constrain investment and capital-allocation choices and amplify the impact of weaker earnings or valuation cycles.

Novavest Real Estate AG (NREN) vs. iShares MSCI Switzerland ETF (EWL)

Market Cap: CHF 381.41M
Dividend Yield: 3.87%
Average Volume (3M): 12.89K
Price to Earnings (P/E): 11.0
Beta (1Y): -0.01
Revenue Growth: 5.76%
EPS Growth: 15.10%
Country: Switzerland
Employees: 2
Sector: General
Sector Strength: 55
Industry: Real Estate - Diversified

Novavest Real Estate AG Business Overview & Revenue Model

Company Description

Novavest Real Estate AG is a Swiss firm primarily focused on property activities within Switzerland. The company's expertise lies in the construction, rental, and administration of a wide array of properties, encompassing residential buildings, comme...

How the Company Makes Money

NREN primarily makes money by generating recurring rental income from its investment properties, where tenants pay contracted rents for the use of residential and/or commercial space within the company’s portfolio. In addition to rental income, the c...

Novavest Real Estate AG Financial Statement Overview

Summary

Income statement strength in 2025 is tempered by volatility (2023 loss and 2025 revenue decline after 2024 strength). Balance sheet leverage is elevated (debt above equity), increasing sensitivity to valuation/refinancing cycles. Cash flow is positive with improved free cash flow in 2025, but earnings-to-cash conversion appears uneven year to year.

Income Statement

71Positive

Balance Sheet

57Neutral

Cash Flow

62Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	45.70M	42.86M	36.87M	29.86M	29.16M	26.73M
Gross Profit	38.82M	35.87M	30.37M	24.67M	24.29M	22.21M
EBITDA	46.94M	41.79M	37.11M	7.38M	28.26M	26.77M
Net Income	34.63M	30.54M	19.11M	-3.97M	22.40M	29.31M
Balance Sheet
Total Assets	969.09M	1.02B	1.05B	793.70M	823.24M	751.15M
Cash, Cash Equivalents and Short-Term Investments	15.40M	4.20M	3.33M	2.56M	4.32M	3.04M
Total Debt	461.22M	516.79M	559.13M	427.16M	439.77M	380.18M
Total Liabilities	524.18M	580.90M	629.50M	461.84M	477.76M	415.35M
Stockholders Equity	444.91M	439.54M	423.24M	331.87M	345.48M	335.80M
Cash Flow
Free Cash Flow	11.93M	14.65M	14.61M	13.81M	7.86M	11.36M
Operating Cash Flow	22.83M	20.70M	14.61M	13.81M	15.95M	15.73M
Investing Cash Flow	69.70M	36.75M	-11.81M	6.67M	-61.16M	-70.65M
Financing Cash Flow	-81.69M	-56.58M	-2.04M	-22.24M	46.49M	42.91M

Novavest Real Estate AG Technical Analysis

Technical Analysis SentimentNegative

Last Price37.50

Price Trends

50DMA38.29Negative

100DMA38.86Negative

200DMA39.87Negative

Market Momentum

MACD-0.15Negative

RSI44.47Neutral

STOCH45.83Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:NREN, the sentiment is Negative. The current price of 37.50 is above the 20-day moving average (MA) of 37.48, below the 50-day MA of 38.29, and below the 200-day MA of 39.87, indicating a neutral trend. The MACD of -0.15 indicates Negative momentum. The RSI at 44.47 is Neutral, neither overbought nor oversold. The STOCH value of 45.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:NREN.

Novavest Real Estate AG Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

CH:NREN against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CH:FREN	66Neutral	CHF 577.69M	13.75	―	3.52%	2.64%	-20.98%
CH:SPSN	66Neutral	CHF 10.77B	26.11	5.84%	2.62%	-11.91%	11.31%
CH:PSPN	63Neutral	CHF 7.10B	15.74	―	2.55%	36.89%	8.56%
CH:NREN	62Neutral	CHF 383.44M	11.00	―	3.87%	5.76%	15.10%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
CH:SFPN	49Neutral	CHF 341.90M	8.01	―	3.58%	-0.75%	38.54%

* General Sector Average

Performance Comparison

CH:NREN and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
CH:NREN	Novavest Real Estate AG	37.50	-0.95	-2.48%
CH:PSPN	PSP Swiss Property AG	154.60	17.83	13.04%
CH:SPSN	Swiss Prime Site AG	133.70	20.03	17.63%
CH:EPH.EUR	EPH European Property Holdings Limited	15.30	-6.70	-30.45%
CH:FREN	Fundamenta Real Estate AG	17.05	0.21	1.25%
CH:SFPN	SF Urban Properties AG	102.00	7.41	7.83%

Novavest Real Estate AG Corporate Events

Novavest boosts GRESB score to 4 stars with ESG-focused portfolio

Oct 1, 2026

Novavest Real Estate AG has sharply improved its performance in the Global Real Estate Sustainability Benchmark, securing 4 GRESB stars with a score of 89.6 out of 100 in its second year of participation. The gain reflects full portfolio certificatio...

Novavest boosts profit and strengthens balance sheet with strategic portfolio moves

Aug 19, 2026

NOVAVEST Real Estate AG is a Swiss-listed real estate company focused on residential and mixed-use properties, guided by its «Wohnen für Jung und Alt» strategy. Its diversified portfolio across 16 cantons generates mostly residential rental income, c...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 07, 2026

Novavest Real Estate AG AI Stock Analysis