NEXUS INDUSTRIAL REIT (NXR-UN.CA) Stock Fundamental Analysis
Canada - TSX:NXR-UN - CA65344U1012 - REIT
7.72 CAD
+0.07 (+0.92%)
Taking everything into account, NXR-UN scores 4 out of 10 in our fundamental rating. NXR-UN was compared to 38 industry peers in the Diversified REITs industry. NXR-UN has a medium profitability rating, but doesn't score so well on its financial health evaluation. NXR-UN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
NXR-UN had positive earnings in the past year.
In the past year NXR-UN had a positive cash flow from operations.
NXR-UN had positive earnings in each of the past 5 years.
NXR-UN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NXR-UN's Return On Assets of 1.14% is fine compared to the rest of the industry. NXR-UN outperforms 60.53% of its industry peers.
NXR-UN has a better Return On Equity (2.75%) than 60.53% of its industry peers.
The Return On Invested Capital of NXR-UN (3.15%) is worse than 68.42% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NXR-UN is in line with the industry average of 5.46%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 2.75% | ||
| ROIC | 3.15% |
ROA(3y)5.38%
ROA(5y)5.35%
ROE(3y)12.81%
ROE(5y)12.75%
ROIC(3y)4.8%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 16.60%, NXR-UN is doing good in the industry, outperforming 60.53% of the companies in the same industry.
In the last couple of years the Profit Margin of NXR-UN has declined.
NXR-UN has a better Operating Margin (54.85%) than 65.79% of its industry peers.
In the last couple of years the Operating Margin of NXR-UN has grown nicely.
NXR-UN has a better Gross Margin (72.87%) than 78.95% of its industry peers.
NXR-UN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.85% | ||
| PM (TTM) | 16.6% | ||
| GM | 72.87% |
OM growth 3YN/A
OM growth 5Y5.36%
PM growth 3Y-22.63%
PM growth 5Y-6.03%
GM growth 3Y2.26%
GM growth 5Y2.55%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NXR-UN is destroying value.
The number of shares outstanding for NXR-UN has been increased compared to 1 year ago.
Compared to 5 years ago, NXR-UN has more shares outstanding
The debt/assets ratio for NXR-UN has been reduced compared to a year ago.
2.2 Solvency
NXR-UN has an Altman-Z score of 0.49. This is a bad value and indicates that NXR-UN is not financially healthy and even has some risk of bankruptcy.
NXR-UN has a Altman-Z score (0.49) which is in line with its industry peers.
NXR-UN has a debt to FCF ratio of 140.81. This is a negative value and a sign of low solvency as NXR-UN would need 140.81 years to pay back of all of its debts.
NXR-UN has a Debt to FCF ratio of 140.81. This is amonst the worse of the industry: NXR-UN underperforms 86.84% of its industry peers.
NXR-UN has a Debt/Equity ratio of 1.05. This is a high value indicating a heavy dependency on external financing.
NXR-UN has a better Debt to Equity ratio (1.05) than 60.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 140.81 | ||
| Altman-Z | 0.49 |
ROIC/WACC0.54
WACC5.83%
2.3 Liquidity
NXR-UN has a Current Ratio of 0.20. This is a bad value and indicates that NXR-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
NXR-UN's Current ratio of 0.20 is in line compared to the rest of the industry. NXR-UN outperforms 47.37% of its industry peers.
NXR-UN has a Quick Ratio of 0.20. This is a bad value and indicates that NXR-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
NXR-UN has a Quick ratio (0.20) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.2 | ||
| Quick Ratio | 0.2 |
3. Growth
3.1 Past
The earnings per share for NXR-UN have decreased strongly by -82.90% in the last year.
NXR-UN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.47% yearly.
The Revenue has been growing slightly by 5.79% in the past year.
Measured over the past years, NXR-UN shows a very strong growth in Revenue. The Revenue has been growing by 23.97% on average per year.
EPS 1Y (TTM)-82.9%
EPS 3Y-18.62%
EPS 5Y-7.47%
EPS Q2Q%-117.02%
Revenue 1Y (TTM)5.79%
Revenue growth 3Y28.09%
Revenue growth 5Y23.97%
Sales Q2Q%-4.35%
3.2 Future
Based on estimates for the next years, NXR-UN will show a small growth in Earnings Per Share. The EPS will grow by 4.40% on average per year.
Based on estimates for the next years, NXR-UN will show a small growth in Revenue. The Revenue will grow by 3.64% on average per year.
EPS Next Y-3.45%
EPS Next 2Y4.22%
EPS Next 3Y4.4%
EPS Next 5YN/A
Revenue Next Year0.63%
Revenue Next 2Y3.83%
Revenue Next 3Y3.64%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 24.90, the valuation of NXR-UN can be described as rather expensive.
65.79% of the companies in the same industry are more expensive than NXR-UN, based on the Price/Earnings ratio.
NXR-UN is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
NXR-UN is valuated correctly with a Price/Forward Earnings ratio of 12.13.
Based on the Price/Forward Earnings ratio, NXR-UN is valued a bit cheaper than 73.68% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, NXR-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.9 | ||
| Fwd PE | 12.13 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NXR-UN is valued a bit cheaper than 68.42% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NXR-UN is valued a bit more expensive than 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.12 | ||
| EV/EBITDA | 20.36 |
4.3 Compensation for Growth
NXR-UN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.22%
EPS Next 3Y4.4%
5. Dividend
5.1 Amount
NXR-UN has a Yearly Dividend Yield of 6.69%, which is a nice return.
NXR-UN's Dividend Yield is comparable with the industry average which is at 7.95.
Compared to an average S&P500 Dividend Yield of 2.42, NXR-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
5.2 History
The dividend of NXR-UN has a limited annual growth rate of 0.74%.
NXR-UN has paid a dividend for at least 10 years, which is a reliable track record.
NXR-UN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.74%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
156.62% of the earnings are spent on dividend by NXR-UN. This is not a sustainable payout ratio.
The dividend of NXR-UN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP156.62%
EPS Next 2Y4.22%
EPS Next 3Y4.4%
TSX:NXR-UN (11/14/2025, 7:00:00 PM)
7.72
+0.07 (+0.92%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners12.18%
Inst Owner ChangeN/A
Ins Owners1.12%
Ins Owner ChangeN/A
Market Cap550.44M
Revenue(TTM)176.95M
Net Income(TTM)29.37M
Analysts70
Price Target8.51 (10.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
Yearly Dividend0.44
Dividend Growth(5Y)0.74%
DP156.62%
Div Incr Years1
Div Non Decr Years4
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)0.38%
PT rev (3m)5.12%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.9 | ||
| Fwd PE | 12.13 | ||
| P/S | 3.11 | ||
| P/FCF | 54.12 | ||
| P/OCF | 19.78 | ||
| P/B | 0.52 | ||
| P/tB | 0.52 | ||
| EV/EBITDA | 20.36 |
EPS(TTM)0.31
EY4.02%
EPS(NY)0.64
Fwd EY8.24%
FCF(TTM)0.14
FCFY1.85%
OCF(TTM)0.39
OCFY5.06%
SpS2.48
BVpS14.96
TBVpS14.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number10.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 2.75% | ||
| ROCE | 4.38% | ||
| ROIC | 3.15% | ||
| ROICexc | 3.15% | ||
| ROICexgc | 3.15% | ||
| OM | 54.85% | ||
| PM (TTM) | 16.6% | ||
| GM | 72.87% | ||
| FCFM | 5.75% |
ROA(3y)5.38%
ROA(5y)5.35%
ROE(3y)12.81%
ROE(5y)12.75%
ROIC(3y)4.8%
ROIC(5y)N/A
ROICexc(3y)4.83%
ROICexc(5y)N/A
ROICexgc(3y)4.83%
ROICexgc(5y)N/A
ROCE(3y)6.67%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-1.22%
ROICexc growth 3YN/A
ROICexc growth 5Y-1.22%
OM growth 3YN/A
OM growth 5Y5.36%
PM growth 3Y-22.63%
PM growth 5Y-6.03%
GM growth 3Y2.26%
GM growth 5Y2.55%
F-Score5
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 140.81 | ||
| Debt/EBITDA | 11.56 | ||
| Cap/Depr | 14716.7% | ||
| Cap/Sales | 9.98% | ||
| Interest Coverage | 1.37 | ||
| Cash Conversion | 28.64% | ||
| Profit Quality | 34.63% | ||
| Current Ratio | 0.2 | ||
| Quick Ratio | 0.2 | ||
| Altman-Z | 0.49 |
F-Score5
WACC5.83%
ROIC/WACC0.54
Cap/Depr(3y)15077.8%
Cap/Depr(5y)11497.8%
Cap/Sales(3y)9.4%
Cap/Sales(5y)8.77%
Profit Quality(3y)24.18%
Profit Quality(5y)29.33%
High Growth Momentum
Growth
EPS 1Y (TTM)-82.9%
EPS 3Y-18.62%
EPS 5Y-7.47%
EPS Q2Q%-117.02%
EPS Next Y-3.45%
EPS Next 2Y4.22%
EPS Next 3Y4.4%
EPS Next 5YN/A
Revenue 1Y (TTM)5.79%
Revenue growth 3Y28.09%
Revenue growth 5Y23.97%
Sales Q2Q%-4.35%
Revenue Next Year0.63%
Revenue Next 2Y3.83%
Revenue Next 3Y3.64%
Revenue Next 5YN/A
EBIT growth 1Y-35.44%
EBIT growth 3YN/A
EBIT growth 5Y30.62%
EBIT Next Year-4.02%
EBIT Next 3Y2.49%
EBIT Next 5YN/A
FCF growth 1Y-72.89%
FCF growth 3Y8.39%
FCF growth 5Y5.3%
OCF growth 1Y-50.68%
OCF growth 3Y15.98%
OCF growth 5Y10.8%
NEXUS INDUSTRIAL REIT / NXR-UN.CA FAQ
Can you provide the ChartMill fundamental rating for NEXUS INDUSTRIAL REIT?
ChartMill assigns a fundamental rating of 4 / 10 to NXR-UN.CA.
What is the valuation status for NXR-UN stock?
ChartMill assigns a valuation rating of 4 / 10 to NEXUS INDUSTRIAL REIT (NXR-UN.CA). This can be considered as Fairly Valued.
What is the profitability of NXR-UN stock?
NEXUS INDUSTRIAL REIT (NXR-UN.CA) has a profitability rating of 6 / 10.
What is the valuation of NEXUS INDUSTRIAL REIT based on its PE and PB ratios?
The Price/Earnings (PE) ratio for NEXUS INDUSTRIAL REIT (NXR-UN.CA) is 24.9 and the Price/Book (PB) ratio is 0.52.
What is the expected EPS growth for NEXUS INDUSTRIAL REIT (NXR-UN.CA) stock?
The Earnings per Share (EPS) of NEXUS INDUSTRIAL REIT (NXR-UN.CA) is expected to decline by -3.45% in the next year.