NEXUS INDUSTRIAL REIT (NXR-UN.CA) Fundamental Analysis & Valuation
TSX:NXR-UN • CA65344U1012
Current stock price
8.12 CAD
-0.01 (-0.12%)
Last:
This NXR-UN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. NXR-UN.CA Profitability Analysis
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.
- In the past 5 years NXR-UN always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 2.25%, NXR-UN is in the better half of the industry, outperforming 75.76% of the companies in the same industry.
- NXR-UN has a better Return On Equity (5.50%) than 69.70% of its industry peers.
- NXR-UN has a worse Return On Invested Capital (3.62%) than 66.67% of its industry peers.
- NXR-UN had an Average Return On Invested Capital over the past 3 years of 4.00%. This is below the industry average of 7.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.25% | ||
| ROE | 5.5% | ||
| ROIC | 3.62% |
ROA(3y)4.08%
ROA(5y)4.8%
ROE(3y)10.02%
ROE(5y)11.49%
ROIC(3y)4%
ROIC(5y)N/A
1.3 Margins
- NXR-UN has a Profit Margin of 34.04%. This is amongst the best in the industry. NXR-UN outperforms 81.82% of its industry peers.
- NXR-UN's Profit Margin has declined in the last couple of years.
- NXR-UN's Operating Margin of 66.28% is amongst the best of the industry. NXR-UN outperforms 93.94% of its industry peers.
- In the last couple of years the Operating Margin of NXR-UN has declined.
- The Gross Margin of NXR-UN (73.98%) is better than 84.85% of its industry peers.
- In the last couple of years the Gross Margin of NXR-UN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 66.28% | ||
| PM (TTM) | 34.04% | ||
| GM | 73.98% |
OM growth 3Y-16.14%
OM growth 5Y-1.82%
PM growth 3Y-27.19%
PM growth 5Y-9.9%
GM growth 3Y1.92%
GM growth 5Y2.99%
2. NXR-UN.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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 a worse debt to assets ratio.
2.2 Solvency
- NXR-UN has an Altman-Z score of 0.62. This is a bad value and indicates that NXR-UN is not financially healthy and even has some risk of bankruptcy.
- With a decent Altman-Z score value of 0.62, NXR-UN is doing good in the industry, outperforming 63.64% of the companies in the same industry.
- The Debt to FCF ratio of NXR-UN is 55.99, which is on the high side as it means it would take NXR-UN, 55.99 years of fcf income to pay off all of its debts.
- NXR-UN has a worse Debt to FCF ratio (55.99) than 84.85% of its industry peers.
- 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 (1.11) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 55.99 | ||
| Altman-Z | 0.62 |
ROIC/WACC0.62
WACC5.82%
2.3 Liquidity
- NXR-UN has a Current Ratio of 0.29. 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 0.29 is fine compared to the rest of the industry. NXR-UN outperforms 66.67% of its industry peers.
- NXR-UN has a Quick Ratio of 0.29. 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 0.29, NXR-UN is doing good in the industry, outperforming 69.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 |
3. NXR-UN.CA Growth Analysis
3.1 Past
- NXR-UN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -36.80%.
- The earnings per share for NXR-UN have been decreasing by -10.30% on average. This is quite bad
- Looking at the last year, NXR-UN shows a decrease in Revenue. The Revenue has decreased by -0.43% in the last year.
- The Revenue has been growing by 23.30% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-36.8%
EPS 3Y-25.79%
EPS 5Y-10.3%
EPS Q2Q%-40.82%
Revenue 1Y (TTM)-0.43%
Revenue growth 3Y8.47%
Revenue growth 5Y23.3%
Sales Q2Q%0.48%
3.2 Future
- NXR-UN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.71% yearly.
- The Revenue is expected to grow by 5.86% on average over the next years.
EPS Next Y34.09%
EPS Next 2Y18.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.53%
Revenue Next 2Y5.86%
Revenue Next 3YN/A
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. NXR-UN.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 13.10 indicates a correct valuation of NXR-UN.
- Compared to the rest of the industry, the Price/Earnings ratio of NXR-UN indicates a rather cheap valuation: NXR-UN is cheaper than 81.82% of the companies listed in the same industry.
- NXR-UN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.89.
- A Price/Forward Earnings ratio of 13.63 indicates a correct valuation of NXR-UN.
- 69.70% of the companies in the same industry are more expensive than NXR-UN, based on the Price/Forward Earnings ratio.
- NXR-UN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 38.50.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.1 | ||
| Fwd PE | 13.63 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NXR-UN is valued a bit cheaper than 66.67% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, NXR-UN is valued a bit more expensive than 75.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.47 | ||
| EV/EBITDA | 19.73 |
4.3 Compensation for Growth
- NXR-UN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- NXR-UN has a very decent profitability rating, which may justify a higher PE ratio.
- NXR-UN's earnings are expected to grow with 18.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y18.71%
EPS Next 3YN/A
5. NXR-UN.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 6.69%, NXR-UN is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 6.43, NXR-UN has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, NXR-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
5.2 History
- On average, the dividend of NXR-UN grows each year by 9.23%, which is quite nice.
- NXR-UN has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.23%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 76.49% of the earnings are spent on dividend by NXR-UN. This is not a sustainable payout ratio.
- NXR-UN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP76.49%
EPS Next 2Y18.71%
EPS Next 3YN/A
NXR-UN.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:NXR-UN (4/17/2026, 7:00:00 PM)
8.12
-0.01 (-0.12%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)03-06 2026-03-06
Earnings (Next)05-12 2026-05-12
Inst Owners3.23%
Inst Owner ChangeN/A
Ins Owners1.16%
Ins Owner ChangeN/A
Market Cap791.94M
Revenue(TTM)174.95M
Net Income(TTM)59.55M
Analysts70.77
Price Target8.67 (6.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
Yearly Dividend0.48
Dividend Growth(5Y)9.23%
DP76.49%
Div Incr Years0
Div Non Decr Years0
Ex-Date04-30 2026-04-30 (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)1.12%
PT rev (3m)2.26%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.84%
EPS NY rev (3m)-4.84%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.33%
Revenue NY rev (3m)-1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.1 | ||
| Fwd PE | 13.63 | ||
| P/S | 4.53 | ||
| P/FCF | 29.47 | ||
| P/OCF | 18.36 | ||
| P/B | 0.73 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | 19.73 |
EPS(TTM)0.62
EY7.64%
EPS(NY)0.6
Fwd EY7.34%
FCF(TTM)0.28
FCFY3.39%
OCF(TTM)0.44
OCFY5.45%
SpS1.79
BVpS11.11
TBVpS11.11
PEG (NY)0.38
PEG (5Y)N/A
Graham Number12.4477 (53.3%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.25% | ||
| ROE | 5.5% | ||
| ROCE | 5.03% | ||
| ROIC | 3.62% | ||
| ROICexc | 3.63% | ||
| ROICexgc | 3.63% | ||
| OM | 66.28% | ||
| PM (TTM) | 34.04% | ||
| GM | 73.98% | ||
| FCFM | 15.36% |
ROA(3y)4.08%
ROA(5y)4.8%
ROE(3y)10.02%
ROE(5y)11.49%
ROIC(3y)4%
ROIC(5y)N/A
ROICexc(3y)4.01%
ROICexc(5y)N/A
ROICexgc(3y)4.01%
ROICexgc(5y)N/A
ROCE(3y)5.55%
ROCE(5y)N/A
ROICexgc growth 3Y-15.8%
ROICexgc growth 5Y-6.01%
ROICexc growth 3Y-15.8%
ROICexc growth 5Y-6.01%
OM growth 3Y-16.14%
OM growth 5Y-1.82%
PM growth 3Y-27.19%
PM growth 5Y-9.9%
GM growth 3Y1.92%
GM growth 5Y2.99%
F-Score3
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 55.99 | ||
| Debt/EBITDA | 10.33 | ||
| Cap/Depr | 13444.6% | ||
| Cap/Sales | 9.3% | ||
| Interest Coverage | 1.66 | ||
| Cash Conversion | 37.17% | ||
| Profit Quality | 45.13% | ||
| Current Ratio | 0.29 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | 0.62 |
F-Score3
WACC5.82%
ROIC/WACC0.62
Cap/Depr(3y)15346.2%
Cap/Depr(5y)12892.2%
Cap/Sales(3y)9.81%
Cap/Sales(5y)8.81%
Profit Quality(3y)30.78%
Profit Quality(5y)27.68%
High Growth Momentum
Growth
EPS 1Y (TTM)-36.8%
EPS 3Y-25.79%
EPS 5Y-10.3%
EPS Q2Q%-40.82%
EPS Next Y34.09%
EPS Next 2Y18.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.43%
Revenue growth 3Y8.47%
Revenue growth 5Y23.3%
Sales Q2Q%0.48%
Revenue Next Year7.53%
Revenue Next 2Y5.86%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-10.33%
EBIT growth 3Y-9.05%
EBIT growth 5Y21.06%
EBIT Next Year13.14%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y8.82%
FCF growth 3Y-3.94%
FCF growth 5Y7.53%
OCF growth 1Y10.73%
OCF growth 3Y1.28%
OCF growth 5Y12.12%
NEXUS INDUSTRIAL REIT / NXR-UN.CA Fundamental Analysis 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 of NEXUS INDUSTRIAL REIT (NXR-UN.CA) stock?
ChartMill assigns a valuation rating of 6 / 10 to NEXUS INDUSTRIAL REIT (NXR-UN.CA). This can be considered as Fairly Valued.
How profitable is NEXUS INDUSTRIAL REIT (NXR-UN.CA) 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 13.1 and the Price/Book (PB) ratio is 0.73.
How financially healthy is NEXUS INDUSTRIAL REIT?
The financial health rating of NEXUS INDUSTRIAL REIT (NXR-UN.CA) is 2 / 10.