INTERRENT REAL ESTATE INVEST (IIP-UN.CA) Stock Fundamental Analysis
Canada - TSX:IIP-UN - CA46071W2058 - REIT
13.36 CAD
-0.01 (-0.07%)
IIP-UN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 14 industry peers in the Residential REITs industry. There are concerns on the financial health of IIP-UN while its profitability can be described as average. IIP-UN does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
IIP-UN had positive earnings in the past year.
IIP-UN had a positive operating cash flow in the past year.
IIP-UN had positive earnings in 4 of the past 5 years.
In the past 5 years IIP-UN always reported a positive cash flow from operatings.
1.2 Ratios
IIP-UN has a worse Return On Assets (-4.41%) than 71.43% of its industry peers.
IIP-UN has a worse Return On Equity (-8.02%) than 71.43% of its industry peers.
With a Return On Invested Capital value of 2.68%, IIP-UN perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
IIP-UN had an Average Return On Invested Capital over the past 3 years of 2.32%. This is in line with the industry average of 3.22%.
The 3 year average ROIC (2.32%) for IIP-UN is below the current ROIC(2.68%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.41% | ||
| ROE | -8.02% | ||
| ROIC | 2.68% |
ROA(3y)0.26%
ROA(5y)2.89%
ROE(3y)0.42%
ROE(5y)4.76%
ROIC(3y)2.32%
ROIC(5y)2.18%
1.3 Margins
IIP-UN has a Operating Margin (57.14%) which is comparable to the rest of the industry.
IIP-UN's Operating Margin has been stable in the last couple of years.
IIP-UN has a Gross Margin of 77.05%. This is amongst the best in the industry. IIP-UN outperforms 92.86% of its industry peers.
In the last couple of years the Gross Margin of IIP-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 57.14% | ||
| PM (TTM) | N/A | ||
| GM | 77.05% |
OM growth 3Y1.84%
OM growth 5Y0.57%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.93%
GM growth 5Y-0.18%
2. Health
2.1 Basic Checks
IIP-UN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for IIP-UN has been increased compared to 1 year ago.
Compared to 5 years ago, IIP-UN has more shares outstanding
Compared to 1 year ago, IIP-UN has a worse debt to assets ratio.
2.2 Solvency
IIP-UN has an Altman-Z score of 1.07. This is a bad value and indicates that IIP-UN is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of IIP-UN (1.07) is better than 78.57% of its industry peers.
The Debt to FCF ratio of IIP-UN is 20.16, which is on the high side as it means it would take IIP-UN, 20.16 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of IIP-UN (20.16) is worse than 85.71% of its industry peers.
A Debt/Equity ratio of 0.63 indicates that IIP-UN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.63, IIP-UN is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 20.16 | ||
| Altman-Z | 1.07 |
ROIC/WACC0.62
WACC4.36%
2.3 Liquidity
A Current Ratio of 0.05 indicates that IIP-UN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.05, IIP-UN is doing worse than 92.86% of the companies in the same industry.
A Quick Ratio of 0.05 indicates that IIP-UN may have some problems paying its short term obligations.
IIP-UN's Quick ratio of 0.05 is on the low side compared to the rest of the industry. IIP-UN is outperformed by 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
IIP-UN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.95%.
IIP-UN shows a small growth in Revenue. In the last year, the Revenue has grown by 1.56%.
The Revenue has been growing by 11.13% on average over the past years. This is quite good.
EPS 1Y (TTM)-2.95%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25.27%
Revenue 1Y (TTM)1.56%
Revenue growth 3Y9.97%
Revenue growth 5Y11.13%
Sales Q2Q%-0.62%
3.2 Future
Based on estimates for the next years, IIP-UN will show a small growth in Earnings Per Share. The EPS will grow by 3.57% on average per year.
The Revenue is expected to grow by 1.89% on average over the next years.
EPS Next Y-10.08%
EPS Next 2Y3.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.99%
Revenue Next 2Y2.17%
Revenue Next 3Y1.89%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.64, the valuation of IIP-UN can be described as rather expensive.
IIP-UN's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.19. IIP-UN is around the same levels.
Based on the Price/Forward Earnings ratio of 19.45, the valuation of IIP-UN can be described as rather expensive.
IIP-UN's Price/Forward Earnings ratio is rather expensive when compared to the industry. IIP-UN is more expensive than 85.71% of the companies in the same industry.
IIP-UN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.50, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.64 | ||
| Fwd PE | 19.45 |
4.2 Price Multiples
IIP-UN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. IIP-UN is cheaper than 71.43% of the companies in the same industry.
IIP-UN's Price/Free Cash Flow ratio is rather expensive when compared to the industry. IIP-UN is more expensive than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.72 | ||
| EV/EBITDA | 24.69 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.57%
EPS Next 3YN/A
5. Dividend
5.1 Amount
IIP-UN has a Yearly Dividend Yield of 2.66%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.42, IIP-UN's dividend is way lower than its industry peers. On top of this 85.71% of the companies listed in the same industry pay a better dividend than IIP-UN!
Compared to an average S&P500 Dividend Yield of 2.33, IIP-UN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
5.2 History
On average, the dividend of IIP-UN grows each year by 6.26%, which is quite nice.
IIP-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
IIP-UN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.26%
Div Incr Years13
Div Non Decr Years15
5.3 Sustainability
The earnings of IIP-UN are negative and hence is the payout ratio. IIP-UN will probably not be able to sustain this dividend level.
The dividend of IIP-UN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-25.33%
EPS Next 2Y3.57%
EPS Next 3YN/A
TSX:IIP-UN (10/29/2025, 7:00:00 PM)
13.36
-0.01 (-0.07%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners48.29%
Inst Owner ChangeN/A
Ins Owners6.23%
Ins Owner ChangeN/A
Market Cap1.87B
Revenue(TTM)247.78M
Net Income(TTM)-183032000
Analysts53.85
Price Target13.71 (2.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
Yearly Dividend0.25
Dividend Growth(5Y)6.26%
DP-25.33%
Div Incr Years13
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.66%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-10.94%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.64 | ||
| Fwd PE | 19.45 | ||
| P/S | 7.53 | ||
| P/FCF | 21.72 | ||
| P/OCF | 21.72 | ||
| P/B | 0.82 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 24.69 |
EPS(TTM)0.59
EY4.42%
EPS(NY)0.69
Fwd EY5.14%
FCF(TTM)0.61
FCFY4.6%
OCF(TTM)0.61
OCFY4.6%
SpS1.77
BVpS16.33
TBVpS16.33
PEG (NY)N/A
PEG (5Y)N/A
Graham Number14.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.41% | ||
| ROE | -8.02% | ||
| ROCE | 3.8% | ||
| ROIC | 2.68% | ||
| ROICexc | 2.69% | ||
| ROICexgc | 2.69% | ||
| OM | 57.14% | ||
| PM (TTM) | N/A | ||
| GM | 77.05% | ||
| FCFM | 34.67% |
ROA(3y)0.26%
ROA(5y)2.89%
ROE(3y)0.42%
ROE(5y)4.76%
ROIC(3y)2.32%
ROIC(5y)2.18%
ROICexc(3y)2.33%
ROICexc(5y)2.19%
ROICexgc(3y)2.33%
ROICexgc(5y)2.19%
ROCE(3y)3.25%
ROCE(5y)3.04%
ROICexgc growth 3Y11.39%
ROICexgc growth 5Y3.04%
ROICexc growth 3Y11.39%
ROICexc growth 5Y3.04%
OM growth 3Y1.84%
OM growth 5Y0.57%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.93%
GM growth 5Y-0.18%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 20.16 | ||
| Debt/EBITDA | 10.15 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 60.27% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | 1.07 |
F-Score4
WACC4.36%
ROIC/WACC0.62
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.95%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25.27%
EPS Next Y-10.08%
EPS Next 2Y3.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.56%
Revenue growth 3Y9.97%
Revenue growth 5Y11.13%
Sales Q2Q%-0.62%
Revenue Next Year1.99%
Revenue Next 2Y2.17%
Revenue Next 3Y1.89%
Revenue Next 5YN/A
EBIT growth 1Y-2.5%
EBIT growth 3Y12%
EBIT growth 5Y11.76%
EBIT Next Year5.62%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-6.84%
FCF growth 3Y-11.09%
FCF growth 5Y-1.45%
OCF growth 1Y-6.84%
OCF growth 3Y-11.09%
OCF growth 5Y-1.45%
INTERRENT REAL ESTATE INVEST / IIP-UN.CA FAQ
What is the ChartMill fundamental rating of INTERRENT REAL ESTATE INVEST (IIP-UN.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to IIP-UN.CA.
What is the valuation status for IIP-UN stock?
ChartMill assigns a valuation rating of 1 / 10 to INTERRENT REAL ESTATE INVEST (IIP-UN.CA). This can be considered as Overvalued.
How profitable is INTERRENT REAL ESTATE INVEST (IIP-UN.CA) stock?
INTERRENT REAL ESTATE INVEST (IIP-UN.CA) has a profitability rating of 4 / 10.
Can you provide the financial health for IIP-UN stock?
The financial health rating of INTERRENT REAL ESTATE INVEST (IIP-UN.CA) is 1 / 10.
Can you provide the dividend sustainability for IIP-UN stock?
The dividend rating of INTERRENT REAL ESTATE INVEST (IIP-UN.CA) is 4 / 10 and the dividend payout ratio is -25.33%.