Logo image of NRR-UN.CA

NORTHVIEW RESIDENTIAL REIT (NRR-UN.CA) Stock Fundamental Analysis

TSX:NRR-UN - Toronto Stock Exchange - CA66719E1025 - REIT - Currency: CAD

14.38  -0.02 (-0.14%)

Fundamental Rating

3

Overall NRR-UN gets a fundamental rating of 3 out of 10. We evaluated NRR-UN against 16 industry peers in the Residential REITs industry. Both the profitability and financial health of NRR-UN have multiple concerns. NRR-UN is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

2

1. Profitability

1.1 Basic Checks

In the past year NRR-UN was profitable.
NRR-UN had a positive operating cash flow in the past year.
NRR-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFNRR-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 0 50M 100M 150M

1.2 Ratios

NRR-UN has a Return On Assets of 0.70%. This is comparable to the rest of the industry: NRR-UN outperforms 56.25% of its industry peers.
With a Return On Equity value of 2.38%, NRR-UN perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
NRR-UN's Return On Invested Capital of 1.56% is on the low side compared to the rest of the industry. NRR-UN is outperformed by 75.00% of its industry peers.
Industry RankSector Rank
ROA 0.7%
ROE 2.38%
ROIC 1.56%
ROA(3y)2.79%
ROA(5y)N/A
ROE(3y)9.27%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
NRR-UN.CA Yearly ROA, ROE, ROICNRR-UN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 0 5 10 15

1.3 Margins

Looking at the Profit Margin, with a value of 6.93%, NRR-UN is in line with its industry, outperforming 56.25% of the companies in the same industry.
In the last couple of years the Profit Margin of NRR-UN has declined.
Looking at the Operating Margin, with a value of 19.26%, NRR-UN is doing worse than 75.00% of the companies in the same industry.
The Gross Margin of NRR-UN (67.22%) is better than 81.25% of its industry peers.
In the last couple of years the Gross Margin of NRR-UN has declined.
Industry RankSector Rank
OM 19.26%
PM (TTM) 6.93%
GM 67.22%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-37.2%
PM growth 5YN/A
GM growth 3Y-5.39%
GM growth 5YN/A
NRR-UN.CA Yearly Profit, Operating, Gross MarginsNRR-UN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 0 100 200

More info and screens

1

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NRR-UN is destroying value.
Compared to 1 year ago, NRR-UN has less shares outstanding
The debt/assets ratio for NRR-UN has been reduced compared to a year ago.
NRR-UN.CA Yearly Shares OutstandingNRR-UN.CA Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 10M 20M 30M
NRR-UN.CA Yearly Total Debt VS Total AssetsNRR-UN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 500M 1B 1.5B 2B 2.5B

2.2 Solvency

Based on the Altman-Z score of 0.09, we must say that NRR-UN is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.09, NRR-UN is doing worse than 93.75% of the companies in the same industry.
NRR-UN has a debt to FCF ratio of 22.26. This is a negative value and a sign of low solvency as NRR-UN would need 22.26 years to pay back of all of its debts.
NRR-UN has a Debt to FCF ratio of 22.26. This is in the lower half of the industry: NRR-UN underperforms 75.00% of its industry peers.
NRR-UN has a Debt/Equity ratio of 1.84. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.84, NRR-UN is not doing good in the industry: 93.75% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.84
Debt/FCF 22.26
Altman-Z 0.09
ROIC/WACC0.39
WACC3.97%
NRR-UN.CA Yearly LT Debt VS Equity VS FCFNRR-UN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 0 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 0.11 indicates that NRR-UN may have some problems paying its short term obligations.
The Current ratio of NRR-UN (0.11) is worse than 75.00% of its industry peers.
A Quick Ratio of 0.11 indicates that NRR-UN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.11, NRR-UN is doing worse than 75.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.11
Quick Ratio 0.11
NRR-UN.CA Yearly Current Assets VS Current LiabilitesNRR-UN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 200M 400M 600M 800M

More info and screens

4

3. Growth

3.1 Past

NRR-UN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -89.05%.
The Earnings Per Share has been growing slightly by 7.76% on average over the past years.
The Revenue has grown by 29.76% in the past year. This is a very strong growth!
NRR-UN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 94.40% yearly.
EPS 1Y (TTM)-89.05%
EPS 3Y7.76%
EPS 5YN/A
EPS Q2Q%-98.55%
Revenue 1Y (TTM)29.76%
Revenue growth 3Y94.4%
Revenue growth 5YN/A
Sales Q2Q%20.31%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
NRR-UN.CA Yearly Revenue VS EstimatesNRR-UN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 50M 100M 150M 200M
NRR-UN.CA Yearly EPS VS EstimatesNRR-UN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023

More info and screens

3

4. Valuation

4.1 Price/Earnings Ratio

NRR-UN is valuated rather expensively with a Price/Earnings ratio of 21.46.
NRR-UN's Price/Earnings ratio is a bit cheaper when compared to the industry. NRR-UN is cheaper than 62.50% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.62. NRR-UN is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 21.46
Fwd PE N/A
NRR-UN.CA Price Earnings VS Forward Price EarningsNRR-UN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

62.50% of the companies in the same industry are more expensive than NRR-UN, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, NRR-UN is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 0.69
EV/EBITDA 25.08
NRR-UN.CA Per share dataNRR-UN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150 200

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 11.33%, NRR-UN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.91, NRR-UN pays a better dividend. On top of this NRR-UN pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, NRR-UN pays a better dividend.
Industry RankSector Rank
Dividend Yield 11.33%

5.2 History

NRR-UN has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
NRR-UN.CA Yearly Dividends per shareNRR-UN.CA Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

NRR-UN pays out 207.22% of its income as dividend. This is not a sustainable payout ratio.
DP207.22%
EPS Next 2YN/A
EPS Next 3YN/A
NRR-UN.CA Yearly Income VS Free CF VS DividendNRR-UN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2020 2021 2022 2023 0 50M 100M 150M
NRR-UN.CA Dividend Payout.NRR-UN.CA Dividend Payout, showing the Payout Ratio.NRR-UN.CA Dividend Payout.PayoutRetained Earnings

More info and screens

NORTHVIEW RESIDENTIAL REIT

TSX:NRR-UN (2/21/2025, 7:00:00 PM)

14.38

-0.02 (-0.14%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)08-07 2024-08-07
Earnings (Next)N/A N/A
Inst Owners5.52%
Inst Owner ChangeN/A
Ins Owners3.26%
Ins Owner ChangeN/A
Market Cap51.48M
Analysts48.57
Price Target18.11 (25.94%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 11.33%
Yearly Dividend1.3
Dividend Growth(5Y)N/A
DP207.22%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-31 2025-01-31 (0.091146)
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)-4.05%
PT rev (3m)-6.58%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 21.46
Fwd PE N/A
P/S 0.19
P/FCF 0.69
P/OCF 0.68
P/B 0.06
P/tB 0.06
EV/EBITDA 25.08
EPS(TTM)0.67
EY4.66%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)20.99
FCFY145.96%
OCF(TTM)21.04
OCFY146.31%
SpS76.69
BVpS223.72
TBVpS223.72
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.7%
ROE 2.38%
ROCE 2.48%
ROIC 1.56%
ROICexc 1.57%
ROICexgc 1.57%
OM 19.26%
PM (TTM) 6.93%
GM 67.22%
FCFM 27.37%
ROA(3y)2.79%
ROA(5y)N/A
ROE(3y)9.27%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-37.2%
PM growth 5YN/A
GM growth 3Y-5.39%
GM growth 5YN/A
F-Score7
Asset Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 1.84
Debt/FCF 22.26
Debt/EBITDA 26.32
Cap/Depr 5.8%
Cap/Sales 0.07%
Interest Coverage 0.63
Cash Conversion 134.56%
Profit Quality 394.82%
Current Ratio 0.11
Quick Ratio 0.11
Altman-Z 0.09
F-Score7
WACC3.97%
ROIC/WACC0.39
Cap/Depr(3y)8.82%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.14%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-89.05%
EPS 3Y7.76%
EPS 5YN/A
EPS Q2Q%-98.55%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)29.76%
Revenue growth 3Y94.4%
Revenue growth 5YN/A
Sales Q2Q%20.31%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y261.1%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y51.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y51.58%
OCF growth 3YN/A
OCF growth 5YN/A