North European Oil Royalty Trust (NRT) Key Metrics
NRT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $78.4M
- Enterprise value
- $76.8M
- P/E (TTM)
- 8.4 10-yr median 8.7
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 7.6 10-yr median 8.0
- Price / book
- 41.1 10-yr median 364.0
- EV / EBITDA
- 8.2 10-yr median 7.8
- Dividend yield
- 11.84% $1.01 a year
- Beta
- 0.18
NRT key metrics, FY2016–FY2025
Fiscal year ended October 31, 2025 · U.S. dollarsNRT valuation Price multiples at each fiscal year-end price.
NRT returns How much profit the business earns on the capital it uses.
NRT per-share figures Results divided by the shares outstanding at year-end.
NRT financial health Debt, liquidity and how easily interest is covered.
NRT efficiency & capital use Working capital cycle and where the cash goes.
NRT valuation history
NRT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NRT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NRT cash returned to shareholders
NRT price vs earnings per share
NRT key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $58.2M | $47.1M | $100.4M | $142.8M | $96.2M | $28.8M | $56.2M | $66.1M | $61.2M | $71.2M |
| Enterprise value | $53.4M | $45.5M | $99.6M | $135.6M | $94.8M | $28.1M | $54.7M | $64.6M | $59.1M | $70.1M |
| P/E ratio | 7.3 | 9.3 | 4.7 | 8.4 | 24.2 | 8.8 | 7.4 | 10.3 | 8.7 | 11.6 |
| Price / sales | 6.7 | 8.1 | 4.6 | 8.0 | 20.9 | 7.1 | 6.7 | 9.2 | 7.9 | 10.2 |
| Price / book | 30.0 | 32.7 | 126.2 | 364.0 | 783.9 | 61.8 | 467.2 | 840.5 | 588.1 | — |
| Price / free cash flow | 6.7 | 8.1 | 4.5 | 8.0 | 20.9 | 7.1 | 6.7 | 9.2 | 7.9 | 10.2 |
| Price / operating cash flow | 6.7 | 8.1 | 4.5 | 8.0 | 20.9 | 7.1 | 6.7 | 9.2 | 7.9 | 10.2 |
| EV / sales | 6.2 | 7.9 | 4.5 | 7.6 | 20.6 | 6.9 | 6.5 | 9.0 | 7.6 | 10.1 |
| EV / EBITDA | 6.7 | 9.0 | 4.7 | 7.9 | 17.7 | 6.9 | 6.5 | 9.0 | 7.6 | 10.1 |
| EV / free cash flow | 6.1 | 7.8 | 4.5 | 7.6 | 20.6 | 6.9 | 6.5 | 9.0 | 7.6 | 10.1 |
| Earnings yield | 13.6% | 10.7% | 21.1% | 12.0% | 4.1% | 11.4% | 13.5% | 9.7% | 11.5% | 8.6% |
| Free cash flow yield | 15.0% | 12.4% | 22.1% | 12.5% | 4.8% | 14.1% | 14.9% | 10.9% | 12.7% | 9.8% |
| Dividend yield | 8.2% | 9.0% | 27.5% | 7.9% | 3.3% | 14.7% | 13.2% | 10.7% | 9.9% | 10.1% |
| Shareholder yield (dividends + buybacks) | 8.2% | 9.0% | 27.5% | 7.9% | 3.3% | 14.7% | 13.2% | 10.7% | 9.9% | 10.1% |
| Share price at fiscal year-end | $6.33 | $5.13 | $10.92 | $15.54 | $10.47 | $3.13 | $6.12 | $7.19 | $6.66 | $7.75 |
| Per share | ||||||||||
| Revenue per share | $0.94 | $0.63 | $2.40 | $1.94 | $0.50 | $0.44 | $0.91 | $0.78 | $0.84 | $0.76 |
| Earnings per share | $0.86 | $0.55 | $2.30 | $1.86 | $0.43 | $0.36 | $0.82 | $0.70 | $0.76 | $0.67 |
| Operating cash flow per share | $0.95 | $0.64 | $2.41 | $1.94 | $0.50 | $0.44 | $0.91 | $0.78 | $0.85 | $0.76 |
| Free cash flow per share | $0.95 | $0.64 | $2.41 | $1.94 | $0.50 | $0.44 | $0.91 | $0.78 | $0.85 | $0.76 |
| Cash per share | $0.52 | $0.18 | $0.09 | $0.78 | $0.15 | $0.07 | $0.17 | $0.16 | $0.23 | $0.13 |
| Book value per share | $0.21 | $0.16 | $0.09 | $0.04 | $0.01 | $0.05 | $0.01 | $0.01 | $0.01 | $0.01 |
| Tangible book value per share | $0.21 | $0.16 | $0.09 | $0.04 | $0.01 | $0.05 | $0.01 | $0.01 | $0.01 | $0.01 |
| Dividends per share | $0.52 | $0.46 | $3.00 | $1.23 | $0.35 | $0.46 | $0.81 | $0.77 | $0.66 | $0.78 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares outstanding | 9.2M | 9.2M | 9.2M | 9.2M | 9.2M | 9.2M | 9.2M | 9.2M | 9.2M | 9.2M |
| Change in shares outstanding | −0.0% | +0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 470.1% | 452.2% | — | — | — | — | — | — | — | — |
| Return on assets (ROA) | 247.7% | 417.9% | 530.1% | 397.3% | 386.3% | 293.4% | 497.2% | 357.7% | 427.0% | 365.7% |
| Return on tangible assets | 165.9% | 311.2% | — | 237.6% | 282.1% | 505.9% | 476.3% | 439.7% | 330.5% | 527.0% |
| Free cash flow margin | 101.0% | 101.2% | 100.6% | 100.0% | 100.0% | 100.1% | 100.2% | 100.1% | 100.1% | 100.1% |
| Income quality (OCF / net income) | 1.10 | 1.16 | 1.05 | 1.04 | 1.16 | 1.23 | 1.10 | 1.12 | 1.11 | 1.13 |
| Financial health | ||||||||||
| Total debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash & short-term investments | $4.8M | $1.6M | $795,201 | $7.2M | $1.4M | $649,585 | $1.6M | $1.5M | $2.1M | $1.2M |
| Net debt | −$4.8M | −$1.6M | −$795,201 | −$7.2M | −$1.4M | −$649,585 | −$1.6M | −$1.5M | −$2.1M | −$1.2M |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net debt / EBITDA | −0.60 | −0.32 | −0.04 | −0.42 | −0.26 | −0.16 | −0.19 | −0.20 | −0.27 | −0.17 |
| Current ratio | 1.68 | 8.84 | — | 1.06 | 1.10 | 3.53 | 1.08 | 1.06 | 1.05 | 1.06 |
| Quick ratio | 1.68 | 8.84 | — | 1.06 | 1.10 | 3.53 | 1.08 | 1.06 | 1.05 | 1.06 |
| Interest coverage | — | — | — | — | — | — | 10.6 | 11.6 | 9.5 | 8.6 |
| Working capital | $1.9M | $1.4M | $795,201 | $392,420 | $122,754 | $465,774 | $120,399 | $78,618 | $104,076 | $62,476 |
| Invested capital | −$2.8M | −$183,811 | $1 | −$6.8M | −$1.3M | −$183,810 | −$1.5M | −$1.4M | −$2.0M | −$1.1M |
| Tangible asset value | $1.9M | $1.4M | $795,201 | $392,420 | $122,754 | $465,774 | $120,399 | $78,619 | $104,076 | $62,476 |
| Net current asset value | $1.9M | $1.4M | $795,201 | $392,420 | $122,754 | $465,774 | $120,399 | $78,618 | $104,076 | $62,476 |
| Graham number | $2.02 | $1.39 | $2.12 | $1.34 | $0.36 | $0.64 | $0.49 | $0.37 | $0.44 | $0.32 |
| Graham net-net per share | $0.21 | $0.16 | $0.09 | $0.04 | $0.01 | $0.05 | $0.01 | $0.01 | $0.01 | $0.01 |
| Capital allocation | ||||||||||
| Dividends paid | $4.8M | $4.2M | $27.6M | $11.3M | $3.2M | $4.2M | $7.4M | $7.1M | $6.1M | $7.2M |
| Dividend payout ratio | 60.2% | 83.6% | 130.2% | 66.2% | 80.9% | 128.6% | 98.2% | 110.4% | 86.3% | 116.7% |
| Dividends + buybacks / free cash flow | 54.7% | 72.2% | 124.5% | 63.5% | 69.9% | 104.3% | 89.1% | 98.2% | 78.1% | 102.9% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / operating cash flow | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / depreciation | — | 0.00 | — | 0.00 | 0.00 | — | — | 0.00 | 0.00 | 0.00 |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 9.2% | 13.8% | 4.4% | 4.0% | 13.6% | 18.9% | 9.4% | 11.0% | 9.5% | 11.8% |
| Efficiency | ||||||||||
| Days payables outstanding | — | — | — | — | — | — | — | — | 711.7 | 820.6 |
| Payables turnover | — | — | — | — | — | — | — | — | 0.51 | 0.44 |
| Asset turnover | 2.70 | 4.78 | 5.51 | 4.14 | 4.47 | 3.62 | 5.48 | 4.02 | 4.72 | 4.15 |
| Average payables | — | — | — | — | — | — | — | — | $1.6M | $1.6M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from NRT's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
NRT valuation and financial ratios
At the end of fiscal 2025 (October 31, 2025), North European Oil Royalty traded at 7.3 times earnings, against a 10-year median of 8.7. Based on the latest twelve months, the trailing P/E is 8.4. North European Oil Royalty earned a return on equity of 470.1% in fiscal 2025. It ended the year with $0 of debt and $4.8 million in cash and short-term investments, a net cash position of $4.8 million. It returned $4.8 million to shareholders: $4.8 million in dividends and $0 in share buybacks, 55% of free cash flow.
See the NRT income statement, the NRT chart for price history, or the NRT stock overview for the latest quote and news.
NRT key metrics FAQ
What is North European Oil Royalty's P/E ratio?
North European Oil Royalty's trailing P/E ratio is 8.4 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was 7.3, compared with a 10-year median of 8.7.
What is North European Oil Royalty's EV/EBITDA?
North European Oil Royalty's enterprise value was 6.7 times EBITDA at the end of fiscal 2025 (enterprise value $53.4 million, EBITDA $7.9 million); the current EV/EBITDA is 8.2.
What is North European Oil Royalty's return on equity?
North European Oil Royalty's return on equity (ROE) was 470.1% in fiscal 2025: net income of $7.9 million on average shareholders' equity of $1.7 million.
How much debt does North European Oil Royalty have?
North European Oil Royalty had total debt of $0 at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is North European Oil Royalty's dividend yield?
North European Oil Royalty's forward dividend yield is 11.84%. North European Oil Royalty paid $4.8 million in dividends in fiscal 2025 ($0.52 per share), a payout ratio of 60.2%.
What is North European Oil Royalty's free cash flow yield?
North European Oil Royalty generated $8.7 million of free cash flow in fiscal 2025, a free cash flow yield of 15.0% on its market value at year-end ($58.2 million).
What is North European Oil Royalty's current ratio?
North European Oil Royalty's current ratio was 1.68 at the end of fiscal 2025: current assets were 1.68 times current liabilities.