NEXUS INDUSTRIAL REIT (NXR-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NXR-UN - CA65344U1012 - REIT
7.9 CAD
-0.03 (-0.38%)
NXR-UN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 37 industry peers in the Diversified REITs industry. NXR-UN has an excellent profitability rating, but there are concerns on its financial health. NXR-UN has a correct valuation and a medium growth rate. NXR-UN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NXR-UN was profitable.
NXR-UN had a positive operating cash flow in the past year.
NXR-UN had positive earnings in each of the past 5 years.
In the past 5 years NXR-UN always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 3.02%, NXR-UN belongs to the best of the industry, outperforming 81.08% of the companies in the same industry.
NXR-UN's Return On Equity of 7.42% is amongst the best of the industry. NXR-UN outperforms 89.19% of its industry peers.
With a decent Return On Invested Capital value of 4.66%, NXR-UN is doing good in the industry, outperforming 78.38% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NXR-UN is in line with the industry average of 5.53%.
| 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
NXR-UN has a better Profit Margin (45.01%) than 89.19% of its industry peers.
In the last couple of years the Profit Margin of NXR-UN has declined.
The Operating Margin of NXR-UN (83.96%) is better than 100.00% 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 (73.59%) than 78.38% of its industry peers.
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.
Compared to 1 year ago, NXR-UN has more shares outstanding
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
Based on the Altman-Z score of 0.56, we must say that NXR-UN is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.56, NXR-UN is in line with its industry, outperforming 54.05% of the companies in the same industry.
NXR-UN has a debt to FCF ratio of 367.85. This is a negative value and a sign of low solvency as NXR-UN would need 367.85 years to pay back of all of its debts.
The Debt to FCF ratio of NXR-UN (367.85) is worse than 86.49% 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's Debt to Equity ratio of 1.11 is in line compared to the rest of the industry. NXR-UN outperforms 56.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 367.85 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.8
WACC5.85%
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.
NXR-UN's Current ratio of 0.25 is in line compared to the rest of the industry. NXR-UN outperforms 59.46% of its industry peers.
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.
The Quick ratio of NXR-UN (0.25) is better than 62.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 |
3. Growth
3.1 Past
NXR-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 75.97%, which is quite impressive.
Measured over the past years, NXR-UN shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.52% on average per year.
Looking at the last year, NXR-UN shows a small growth in Revenue. The Revenue has grown by 0.98% in the last year.
The Revenue has been growing by 23.97% on average over the past years. This is a very strong growth!
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
NXR-UN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.87% yearly.
Based on estimates for the next years, NXR-UN will show a small growth in Revenue. The Revenue will grow by 4.26% on average per year.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
94.59% of the companies in the same industry are more expensive than NXR-UN, based on the Price/Earnings ratio.
NXR-UN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.84.
The Price/Forward Earnings ratio is 12.62, which indicates a correct valuation of NXR-UN.
NXR-UN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NXR-UN is cheaper than 75.68% of the companies in the same industry.
NXR-UN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.40, which is the current average of the S&P500 Index.
| 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 83.78% of the companies in the same industry.
81.08% of the companies in the same industry are cheaper than NXR-UN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 139.73 | ||
| EV/EBITDA | 13.83 |
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
NXR-UN has a Yearly Dividend Yield of 6.69%, which is a nice return.
Compared to an average industry Dividend Yield of 7.06, NXR-UN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, 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
58.13% of the earnings are spent on dividend by NXR-UN. This is a bit on the high side, but may be sustainable.
NXR-UN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP58.13%
EPS Next 2Y3.39%
EPS Next 3Y3.87%
TSX:NXR-UN (12/29/2025, 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)
Earnings (Next)
Inst Owners12.06%
Inst Owner ChangeN/A
Ins Owners1.13%
Ins Owner ChangeN/A
Market Cap563.27M
Revenue(TTM)174.74M
Net Income(TTM)78.65M
Analysts70
Price Target8.48 (7.34%)
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-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%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-21.43%
EPS NY rev (3m)-21.43%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.76%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | 12.62 | ||
| P/S | 3.22 | ||
| P/FCF | 139.73 | ||
| P/OCF | 23.83 | ||
| P/B | 0.53 | ||
| P/tB | 0.53 | ||
| EV/EBITDA | 13.83 |
EPS(TTM)0.83
EY10.51%
EPS(NY)0.63
Fwd EY7.93%
FCF(TTM)0.06
FCFY0.72%
OCF(TTM)0.33
OCFY4.2%
SpS2.45
BVpS14.88
TBVpS14.88
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.67
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 | 0.56 |
F-Score5
WACC5.85%
ROIC/WACC0.8
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 for NXR-UN 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 0.53.
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.