vs

Side-by-side financial comparison of NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN) and Valneva SE (VALN). Click either name above to swap in a different company.

Valneva SE is the larger business by last-quarter revenue ($36.2M vs $23.6M, roughly 1.5× NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP). Valneva SE runs the higher net margin — -54.1% vs -677.3%, a 623.2% gap on every dollar of revenue.

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

Valneva SE is a specialty vaccine company registered in Saint-Herblain, France, developing, producing and commercializing vaccines for infectious diseases. It has manufacturing sites in Livingston, Scotland; Solna, Sweden, and Vienna, Austria; with other offices in France, Canada and the United States.

NEN vs VALN — Head-to-Head

Bigger by revenue
VALN
VALN
1.5× larger
VALN
$36.2M
$23.6M
NEN
Higher net margin
VALN
VALN
623.2% more per $
VALN
-54.1%
-677.3%
NEN

Income Statement — Q4 FY2025 vs Q1 FY2023

Metric
NEN
NEN
VALN
VALN
Revenue
$23.6M
$36.2M
Net Profit
$-1.4M
$-19.6M
Gross Margin
38.9%
Operating Margin
14.0%
-49.5%
Net Margin
-677.3%
-54.1%
Revenue YoY
15.7%
Net Profit YoY
-133.0%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NEN
NEN
VALN
VALN
Q4 25
$23.6M
Q3 25
$23.7M
Q2 25
$21.2M
Q1 25
$20.7M
Q4 24
$20.4M
Q3 24
$20.2M
Q2 24
$20.1M
Q1 24
$19.9M
Net Profit
NEN
NEN
VALN
VALN
Q4 25
$-1.4M
Q3 25
$-521.8K
Q2 25
$4.1M
Q1 25
$3.8M
Q4 24
$4.2M
Q3 24
$3.9M
Q2 24
$4.1M
Q1 24
$3.5M
Operating Margin
NEN
NEN
VALN
VALN
Q4 25
14.0%
Q3 25
20.0%
Q2 25
33.3%
Q1 25
30.1%
Q4 24
32.4%
Q3 24
32.0%
Q2 24
32.6%
Q1 24
28.9%
Net Margin
NEN
NEN
VALN
VALN
Q4 25
-677.3%
Q3 25
-2.2%
Q2 25
19.5%
Q1 25
18.3%
Q4 24
20.7%
Q3 24
19.3%
Q2 24
20.3%
Q1 24
17.4%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NEN
NEN
VALN
VALN
Cash + ST InvestmentsLiquidity on hand
$26.7M
$274.8M
Total DebtLower is stronger
$531.0M
Stockholders' EquityBook value
$221.2M
Total Assets
$505.3M
$637.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NEN
NEN
VALN
VALN
Q4 25
$26.7M
Q3 25
$13.4M
Q2 25
$16.7M
Q1 25
$30.9M
Q4 24
$17.6M
Q3 24
$15.1M
Q2 24
$13.5M
Q1 24
$28.8M
Total Debt
NEN
NEN
VALN
VALN
Q4 25
$531.0M
Q3 25
$514.2M
Q2 25
$514.3M
Q1 25
$407.8M
Q4 24
$408.6M
Q3 24
$409.3M
Q2 24
$410.0M
Q1 24
$410.7M
Total Assets
NEN
NEN
VALN
VALN
Q4 25
$505.3M
Q3 25
$492.9M
Q2 25
$494.8M
Q1 25
$385.2M
Q4 24
$393.5M
Q3 24
$387.4M
Q2 24
$383.7M
Q1 24
$381.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NEN
NEN
VALN
VALN
Operating Cash FlowLast quarter
$27.7M
$-26.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NEN
NEN
VALN
VALN
Q4 25
$27.7M
Q3 25
$2.3M
Q2 25
$12.5M
Q1 25
$5.5M
Q4 24
$31.9M
Q3 24
$8.5M
Q2 24
$5.4M
Q1 24
$6.1M
Cash Conversion
NEN
NEN
VALN
VALN
Q4 25
Q3 25
Q2 25
3.02×
Q1 25
1.44×
Q4 24
7.57×
Q3 24
2.17×
Q2 24
1.32×
Q1 24
1.77×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons