NexPoint Strategic Opportunities Fund (NXDT) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of NexPoint Strategic Opportunities Fund stock $7.69, price $3.38, upside +127.6%, quality 41 out of 100. Rating: strongly undervalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $2.40 – $11.60 · fair‑value band $4.79 – $12.23 · the $3.38 price screens below the $7.69 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust.
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It focuses on the acquisition, development, and management of opportunistic and value-add investments throughout the United States across multiple sectors where NexPoint and its affiliates have operational expertise.
NXDT is externally advised by NexPoint Real Estate Advisors X, L.P. NexPoint Diversified Real Estate Trust was incorporated in June 1st, 2006, and is based in Dallas, Texas.
Stock analysis
NexPoint Strategic Opportunities Fund (NXDT) currently trades at $3.38, while our model-based Fair Value estimate is $7.69, implying the stock looks roughly 56% undervalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of $8.95 per share, and 6 of the 6 models we run sit above the $3.38 price.
Bear case: the DCF Models group reads lowest at $8.01, and 0 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $4.79 (bear) to $12.23 (bull), the price of $3.38 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 41/100 (below-average quality), in the Real Estate sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
NexPoint Strategic Opportunities Fund reported revenue of $92.0M in FY2025 versus $257M in FY2021, a compound −22.6%/yr. Reported net income was −$125M in FY2025.
Key figures
Market cap $173M Micro · P/S ratio 3.51 · EPS (TTM) $−1.49 · Net margin −88.1% · Return on equity −9.1% · Return on assets (EBIT) 0.9% (5-year average) · Operating margin 6.8% · Revenue (TTM) $76.1M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 17 out of 100 (low confidence).
What moves the price
The share trades about 42% below its 52-week high and 41% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −7% fair-value upside, at 128%, NXDT screens cheaper than that median.
Fair Value models
Bear$4.79Fair Value $7.69Bull$12.23
Price $3.38 · Upside +127.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF$6.95$9.70$17.7574
Growth DCF$6.52$10.47$16.6572
5Y Revenue Exit$3.64$5.17$8.2867
All 6 models by family
DCF Models
FCF DCF$6.95$9.70$17.7574
5Y Revenue Exit$3.64$5.17$8.2867
10Y Revenue Exit$4.81$8.01$9.3663
Asset-Based
NCAV (Graham)$6.68$8.95$13.3651
Growth DCF
Growth DCF$6.52$10.47$16.6572
Rev-Margin DCF$3.94$5.90$10.0766
The fair value above starts from this blend and is adjusted for dilution from new shares.
In the last 6 months, one officer or director bought shares worth $262,949, on May 20, 2026.
BuyDustin David NorrisOfficer53,663 shares at $4.90$262,949May 20, 2026
SaleBrian MittsDirector14,449 shares at $4.18$60,397Dec 18, 2025
BuyArthur B LafferDirector2× since Dec 1, 2025: 20,153 shares, avg. $2.78$56,019Dec 5, 2025
BuyPaul RichardsOfficer5,000 shares at $2.78$13,900Nov 19, 2025
Plus 11 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.25/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
+143.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.4%
Revenue growth 13 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.3%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
91.2% (2019) → −105.4% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+17.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +14.5% a year for the price.
Compare NexPoint Strategic Opportunities Fund with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Diversified · 138 stocks
Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside+127.6% · Top 25%
Profitability
Return on assets−11.6% · Bottom 25%
Net margin (12 months)−88.1% · Bottom 25%
Operating margin (12 months)6.8% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−13.0% · Bottom 25%
Dividend yield (12 months)17.8% · Top 25%
Valuation Multiplesvs REIT - Diversified median · lower = cheaper
P/B0.24× · Cheapest 25%
P/S (12 months)2.28× · Cheapest 25%
Price / free cash flow (fiscal year)18.9× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "NexPoint Strategic Opportunities Fund Fair Value". https://www.fairvalue-calculator.com/stock/NXDT
Frequently asked questions
Is NexPoint Strategic Opportunities Fund (NXDT) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $7.69 versus a price of $3.38, about +128% upside (undervalued).
What is the fair value of NXDT?
Our model-based fair value for NexPoint Strategic Opportunities Fund is $7.69 (as of Nov 6, 2026), built from audited fundamentals. The current price: $3.38.
What is the quality score of NXDT?
NexPoint Strategic Opportunities Fund has a Quality Score of 41/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for NexPoint Strategic Opportunities Fund (NXDT)?
Our model-based price target is the fair value of $7.69 (as of Nov 6, 2026) from 6 valuation models. Cautious scenario $4.79, optimistic scenario $12.23. It is a calculation from audited fundamentals, not an analyst target.
What is the NexPoint Strategic Opportunities Fund stock forecast for 2026?
Our models put fair value at $7.69, about +128% upside versus a price of $3.38 (undervalued). Cautious scenario $4.79, optimistic scenario $12.23. The calculation is refreshed regularly with new filings.
What is the revenue of NexPoint Strategic Opportunities Fund (NXDT)?
NexPoint Strategic Opportunities Fund reported trailing-twelve-month revenue of about $76.1M (latest available figure, as of Nov 6, 2026).
What growth is priced into NexPoint Strategic Opportunities Fund (NXDT)?
For today's price to be fair in a discounted-cash-flow model, NexPoint Strategic Opportunities Fund would have to grow free cash flow by +17.2 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 6 years revenue grew +4.1 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of NXDT use?
Our models discount NexPoint Strategic Opportunities Fund at 12.4 %: a base by market capitalisation (micro), damped by beta 0.90, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For NexPoint Strategic Opportunities Fund that is +17.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has NexPoint Strategic Opportunities Fund (NXDT) delivered so far?
Over the past 6 years revenue at NexPoint Strategic Opportunities Fund grew +4.1 % a year. The price currently implies free-cash-flow growth of +17.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of NexPoint Strategic Opportunities Fund (NXDT) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into NexPoint Strategic Opportunities Fund (+17.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of NexPoint Strategic Opportunities Fund (NXDT)?
The free-cash-flow yield on the price is 4.49 %: that much free cash flow NexPoint Strategic Opportunities Fund produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of NexPoint Strategic Opportunities Fund (NXDT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For NexPoint Strategic Opportunities Fund it is $7.69 per share (as of Nov 6, 2026), against a price of $3.38. It is the blended result of 6 valuation models in 3 families (DCF Models, Asset-Based, Growth DCF).
Is NexPoint Strategic Opportunities Fund stock overvalued or undervalued in 2026?
As of Nov 6, 2026, NXDT trades below its calculated fair value: price $3.38, fair value $7.69, a gap of about +128% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NXDT?
No. The price is what the market pays today ($3.38); the fair value is what the company's own numbers justify ($7.69). For NexPoint Strategic Opportunities Fund the two are $4.31 per share apart. That gap is exactly why we show both numbers side by side.
How much is NexPoint Strategic Opportunities Fund worth?
The market values NexPoint Strategic Opportunities Fund at about $173M (market capitalisation, as of Nov 6, 2026). Per share that is $3.38; our models calculate a fair value of $7.69 per share.
What do the bullish and bearish scenarios say about NXDT?
Our models span a range for NexPoint Strategic Opportunities Fund: cautious scenario $4.79, base $7.69, optimistic $12.23 per share (as of Nov 6, 2026, price $3.38). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of NexPoint Strategic Opportunities Fund (NXDT)?
Balance-sheet figures for NexPoint Strategic Opportunities Fund (as of Nov 6, 2026): return on equity −9.1%. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is NXDT from its 52-week high?
NexPoint Strategic Opportunities Fund trades at $3.38, about 42% below its 52-week high of $5.78 and 41% above the low of $2.40 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $7.69 is for.
Which stocks are comparable to NexPoint Strategic Opportunities Fund?
From the same area (Real Estate) we also value Goodman Group, VICI Properties Inc, W. P. Carey Inc, Stockland, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is NexPoint Strategic Opportunities Fund stock attractive at the current price?
The data as of Nov 6, 2026: price $3.38, calculated fair value $7.69 (+128%), Quality Score 41/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NXDT calculated?
We run NexPoint Strategic Opportunities Fund through 6 models from 3 families: DCF Models, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of $7.69 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. NexPoint Strategic Opportunities Fund currently trades 56% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of NexPoint Strategic Opportunities Fund (NXDT)?
The closing price on Nov 6, 2026 was $3.38. Our model-based fair value is $7.69, about +128% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with NexPoint Strategic Opportunities Fund right now?
The large discount to fair value meets weak quality (41/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case ($4.79). The market is more pessimistic than our downside scenario. A fairly wide model range ($4.79 to $12.23) leaves room in how you read the outcome. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of NexPoint Strategic Opportunities Fund
How large is the market capitalisation of NexPoint Strategic Opportunities Fund (NXDT)?
The market capitalisation of NexPoint Strategic Opportunities Fund is $173M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of NexPoint Strategic Opportunities Fund (NXDT)?
The price-to-sales ratio of NexPoint Strategic Opportunities Fund is 3.51 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of NexPoint Strategic Opportunities Fund (NXDT)?
Earnings per share at NexPoint Strategic Opportunities Fund are $−1.49. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of NexPoint Strategic Opportunities Fund (NXDT)?
The net margin of NexPoint Strategic Opportunities Fund is −88.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of NexPoint Strategic Opportunities Fund (NXDT)?
The return on equity (ROE) of NexPoint Strategic Opportunities Fund is −9.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of NexPoint Strategic Opportunities Fund (NXDT)?
On an EBIT basis the return on assets of NexPoint Strategic Opportunities Fund is 0.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of NexPoint Strategic Opportunities Fund (NXDT)?
The operating margin of NexPoint Strategic Opportunities Fund is 6.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at NexPoint Strategic Opportunities Fund (NXDT)?
Revenue at NexPoint Strategic Opportunities Fund is growing −13.0% versus a year earlier (3y avg +0.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net debt does NexPoint Strategic Opportunities Fund (NXDT) carry?
The net debt of NexPoint Strategic Opportunities Fund is $301M (fiscal year 2025, ≈ 32.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 6, 2026