NEXUS INDUSTRIAL REIT (NXR-UN.CA) Stock Fundamental Analysis
TSX:NXR-UN • CA65344U1012
7.9 CAD
-0.03 (-0.38%)
Last: Feb 18, 2026, 07:00 PM
Taking everything into account, NXR-UN scores 5 out of 10 in our fundamental rating. NXR-UN was compared to 36 industry peers in the Diversified REITs industry. While NXR-UN has a great profitability rating, there are quite some concerns on its financial health. NXR-UN has a correct valuation and a medium growth rate. Finally NXR-UN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year NXR-UN was profitable.
- In the past year NXR-UN had a positive cash flow from operations.
- Each year in the past 5 years NXR-UN has been profitable.
- 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 3.02% is amongst the best of the industry. NXR-UN outperforms 83.33% of its industry peers.
- NXR-UN has a better Return On Equity (7.42%) than 88.89% of its industry peers.
- NXR-UN's Return On Invested Capital of 4.66% is amongst the best of the industry. NXR-UN outperforms 80.56% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for NXR-UN is in line with the industry average of 5.59%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.02% | ||
| ROE | 7.42% | ||
| ROIC | 4.66% |
ROA(3y)5.38%
ROA(5y)5.34%
ROE(3y)12.8%
ROE(5y)12.74%
ROIC(3y)4.81%
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 45.01%, NXR-UN belongs to the top of the industry, outperforming 88.89% 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 (83.96%) than 100.00% of its industry peers.
- NXR-UN's Operating Margin has improved in the last couple of years.
- With a decent Gross Margin value of 73.59%, NXR-UN is doing good in the industry, outperforming 77.78% of the companies in the same industry.
- NXR-UN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 83.96% | ||
| PM (TTM) | 45.01% | ||
| GM | 73.59% |
OM growth 3YN/A
OM growth 5Y5.37%
PM growth 3Y-22.67%
PM growth 5Y-6.05%
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.
- NXR-UN has more shares outstanding than it did 1 year ago.
- NXR-UN has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, NXR-UN has an improved debt to assets ratio.
2.2 Solvency
- NXR-UN has an Altman-Z score of 0.64. 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 better Altman-Z score (0.64) than 69.44% of its industry peers.
- The Debt to FCF ratio of NXR-UN is 367.85, which is on the high side as it means it would take NXR-UN, 367.85 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 367.85, NXR-UN is doing worse than 88.89% of the companies in the same industry.
- A Debt/Equity ratio of 1.11 is on the high side and indicates that NXR-UN has dependencies on debt financing.
- NXR-UN has a Debt to Equity ratio of 1.11. This is comparable to the rest of the industry: NXR-UN outperforms 58.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 367.85 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.79
WACC5.92%
2.3 Liquidity
- NXR-UN has a Current Ratio of 0.25. 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.
- The Current ratio of NXR-UN (0.25) is comparable to the rest of the industry.
- NXR-UN has a Quick Ratio of 0.25. 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.
- With a decent Quick ratio value of 0.25, NXR-UN is doing good in the industry, outperforming 61.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 75.97% over the past year.
- NXR-UN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.52% yearly.
- NXR-UN shows a small growth in Revenue. In the last year, the Revenue has grown by 0.98%.
- 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)75.97%
EPS 3Y-18.7%
EPS 5Y-7.52%
EPS Q2Q%107.27%
Revenue 1Y (TTM)0.98%
Revenue growth 3Y28.09%
Revenue growth 5Y23.97%
Sales Q2Q%-4.91%
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 3.87% on average per year.
- The Revenue is expected to grow by 4.26% on average over the next years.
EPS Next Y-24.14%
EPS Next 2Y3.39%
EPS Next 3Y3.87%
EPS Next 5YN/A
Revenue Next Year-0.13%
Revenue Next 2Y4.32%
Revenue Next 3Y4.26%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- With a Price/Earnings ratio of 9.52, the valuation of NXR-UN can be described as very reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of NXR-UN indicates a rather cheap valuation: NXR-UN is cheaper than 94.44% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of NXR-UN to the average of the S&P500 Index (27.27), we can say NXR-UN is valued rather cheaply.
- NXR-UN is valuated correctly with a Price/Forward Earnings ratio of 12.62.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NXR-UN indicates a somewhat cheap valuation: NXR-UN is cheaper than 72.22% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.16, NXR-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | 12.62 |
4.2 Price Multiples
- NXR-UN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NXR-UN is cheaper than 83.33% of the companies in the same industry.
- NXR-UN's Price/Free Cash Flow ratio is rather expensive when compared to the industry. NXR-UN is more expensive than 86.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 191.02 | ||
| EV/EBITDA | 15.25 |
4.3 Compensation for Growth
- NXR-UN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.39%
EPS Next 3Y3.87%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.69%, NXR-UN is a good candidate for dividend investing.
- NXR-UN's Dividend Yield is comparable with the industry average which is at 7.01.
- NXR-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.85.
| 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 been paying a dividend for at least 10 years, so it has 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
- 58.13% of the earnings are spent on dividend by NXR-UN. This is a bit on the high side, but may be sustainable.
- The dividend of NXR-UN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP58.13%
EPS Next 2Y3.39%
EPS Next 3Y3.87%
TSX:NXR-UN (2/18/2026, 7:00:00 PM)
7.9
-0.03 (-0.38%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)11-13 2025-11-13
Earnings (Next)03-06 2026-03-06
Inst Owners11.82%
Inst Owner ChangeN/A
Ins Owners1.12%
Ins Owner ChangeN/A
Market Cap770.01M
Revenue(TTM)174.74M
Net Income(TTM)78.65M
Analysts70
Price Target8.54 (8.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
Yearly Dividend0.44
Dividend Growth(5Y)0.74%
DP58.13%
Div Incr Years1
Div Non Decr Years4
Ex-Date02-27 2026-02-27 (0.05333)
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)0.75%
PT rev (3m)0.37%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-21.43%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | 12.62 | ||
| P/S | 4.41 | ||
| P/FCF | 191.02 | ||
| P/OCF | 32.58 | ||
| P/B | 0.73 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | 15.25 |
EPS(TTM)0.83
EY10.51%
EPS(NY)0.63
Fwd EY7.93%
FCF(TTM)0.04
FCFY0.52%
OCF(TTM)0.24
OCFY3.07%
SpS1.79
BVpS10.88
TBVpS10.88
PEG (NY)N/A
PEG (5Y)N/A
Graham Number14.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.02% | ||
| ROE | 7.42% | ||
| ROCE | 6.48% | ||
| ROIC | 4.66% | ||
| ROICexc | 4.69% | ||
| ROICexgc | 4.69% | ||
| OM | 83.96% | ||
| PM (TTM) | 45.01% | ||
| GM | 73.59% | ||
| FCFM | 2.31% |
ROA(3y)5.38%
ROA(5y)5.34%
ROE(3y)12.8%
ROE(5y)12.74%
ROIC(3y)4.81%
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 5Y5.37%
PM growth 3Y-22.67%
PM growth 5Y-6.05%
GM growth 3Y2.26%
GM growth 5Y2.55%
F-Score5
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 367.85 | ||
| Debt/EBITDA | 8.01 | ||
| Cap/Depr | 16204.1% | ||
| Cap/Sales | 11.22% | ||
| Interest Coverage | 2.05 | ||
| Cash Conversion | 16.1% | ||
| Profit Quality | 5.13% | ||
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 | ||
| Altman-Z | 0.64 |
F-Score5
WACC5.92%
ROIC/WACC0.79
Cap/Depr(3y)15016.5%
Cap/Depr(5y)11461%
Cap/Sales(3y)9.43%
Cap/Sales(5y)8.79%
Profit Quality(3y)24.1%
Profit Quality(5y)29.28%
High Growth Momentum
Growth
EPS 1Y (TTM)75.97%
EPS 3Y-18.7%
EPS 5Y-7.52%
EPS Q2Q%107.27%
EPS Next Y-24.14%
EPS Next 2Y3.39%
EPS Next 3Y3.87%
EPS Next 5YN/A
Revenue 1Y (TTM)0.98%
Revenue growth 3Y28.09%
Revenue growth 5Y23.97%
Sales Q2Q%-4.91%
Revenue Next Year-0.13%
Revenue Next 2Y4.32%
Revenue Next 3Y4.26%
Revenue Next 5YN/A
EBIT growth 1Y93.16%
EBIT growth 3YN/A
EBIT growth 5Y30.63%
EBIT Next Year-5.1%
EBIT Next 3Y2.13%
EBIT Next 5YN/A
FCF growth 1Y-84.26%
FCF growth 3Y7.95%
FCF growth 5Y5.04%
OCF growth 1Y-50.17%
OCF growth 3Y15.94%
OCF growth 5Y10.78%
NEXUS INDUSTRIAL REIT / NXR-UN.CA FAQ
Can you provide the ChartMill fundamental rating for NEXUS INDUSTRIAL REIT?
ChartMill assigns a fundamental rating of 5 / 10 to NXR-UN.CA.
What is the valuation status of NEXUS INDUSTRIAL REIT (NXR-UN.CA) stock?
ChartMill assigns a valuation rating of 5 / 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 8 / 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 9.52 and the Price/Book (PB) ratio is 0.73.
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 -24.14% in the next year.