Is NNN REIT, Inc. overvalued?

NNN REIT, Inc. (NNN) looks fairly valued — trading about 6% below its fair value.

Fairly valued

Price

$46.21

Fair value

$48.96

Current P/E

13.4

Normal P/E

14.2

Market cap

$8.79B

Dividend yield

5.3%

Return on equity

8.7%

Sector

Real Estate

Fair value compares NNN's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.

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