NEXUS INDUSTRIAL REIT (NXR-UN.CA) Stock Fundamental Analysis
Canada - TSX:NXR-UN - CA65344U1012 - REIT
7.79 CAD
-0.02 (-0.26%)
We assign a fundamental rating of 4 out of 10 to NXR-UN. 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 has a Return On Assets of 1.14%. This is in the better half of the industry: NXR-UN outperforms 60.53% of its industry peers.
With a decent Return On Equity value of 2.75%, NXR-UN is doing good in the industry, outperforming 60.53% of the companies in the same industry.
NXR-UN's Return On Invested Capital of 3.15% is on the low side compared to the rest of the industry. NXR-UN is outperformed by 68.42% of its industry peers.
NXR-UN had an Average Return On Invested Capital over the past 3 years of 4.80%. This is in line with the industry average of 5.45%.
| 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
The Profit Margin of NXR-UN (16.60%) is better than 63.16% of its industry peers.
In the last couple of years the Profit Margin of NXR-UN has declined.
The Operating Margin of NXR-UN (54.85%) is better than 65.79% of its industry peers.
NXR-UN's Operating Margin has improved in the last couple of years.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NXR-UN is destroying value.
Compared to 1 year ago, NXR-UN has more shares outstanding
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 0.50. 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 of 0.50. This is comparable to the rest of the industry: NXR-UN outperforms 47.37% of 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.
Looking at the Debt to FCF ratio, with a value of 140.81, NXR-UN is doing worse than 86.84% of the companies in the same industry.
A Debt/Equity ratio of 1.05 is on the high side and indicates that NXR-UN has dependencies on debt financing.
The Debt to Equity ratio of NXR-UN (1.05) is better than 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.05 | ||
| Debt/FCF | 140.81 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.54
WACC5.83%
2.3 Liquidity
A Current Ratio of 0.20 indicates that NXR-UN may have some problems paying its short term obligations.
The Current ratio of NXR-UN (0.20) is comparable to the rest of the industry.
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.
Measured over the past years, NXR-UN shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.47% on average per year.
Looking at the last year, NXR-UN shows a small growth in Revenue. The Revenue has grown by 5.79% 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)-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.
NXR-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.64% yearly.
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.
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
NXR-UN is valuated quite expensively with a Price/Earnings ratio of 25.13.
Based on the Price/Earnings ratio, NXR-UN is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of NXR-UN to the average of the S&P500 Index (25.83), we can say NXR-UN is valued inline with the index average.
The Price/Forward Earnings ratio is 12.24, which indicates a correct valuation of NXR-UN.
Based on the Price/Forward Earnings ratio, NXR-UN is valued a bit cheaper than the industry average as 71.05% of the companies are valued more expensively.
NXR-UN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.13 | ||
| Fwd PE | 12.24 |
4.2 Price Multiples
NXR-UN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NXR-UN is cheaper than 68.42% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NXR-UN indicates a slightly more expensive valuation: NXR-UN is more expensive than 68.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.61 | ||
| EV/EBITDA | 20.48 |
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 2.39, 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 0.97%.
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)0.97%
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 (11/7/2025, 7:00:00 PM)
7.79
-0.02 (-0.26%)
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 Cap555.43M
Revenue(TTM)176.95M
Net Income(TTM)29.37M
Analysts70
Price Target8.51 (9.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
Yearly Dividend0.45
Dividend Growth(5Y)0.97%
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)3.94%
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 | 25.13 | ||
| Fwd PE | 12.24 | ||
| P/S | 3.14 | ||
| P/FCF | 54.61 | ||
| P/OCF | 19.96 | ||
| P/B | 0.52 | ||
| P/tB | 0.52 | ||
| EV/EBITDA | 20.48 |
EPS(TTM)0.31
EY3.98%
EPS(NY)0.64
Fwd EY8.17%
FCF(TTM)0.14
FCFY1.83%
OCF(TTM)0.39
OCFY5.01%
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 | 0.5 |
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 25.13 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.