NEXUS INDUSTRIAL REIT (NXR-UN.CA) Fundamental Analysis & Valuation
TSX:NXR-UN • CA65344U1012
Current stock price
7.46 CAD
-0.15 (-1.97%)
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.
- NXR-UN had a positive operating cash flow in the past year.
- Each year in the past 5 years NXR-UN has been profitable.
- Each year in the past 5 years NXR-UN had a positive operating cash flow.
1.2 Ratios
- NXR-UN has a Return On Assets of 2.25%. This is in the better half of the industry: NXR-UN outperforms 76.32% of its industry peers.
- The Return On Equity of NXR-UN (5.50%) is better than 71.05% of its industry peers.
- NXR-UN's Return On Invested Capital of 3.62% is on the low side compared to the rest of the industry. NXR-UN is outperformed by 68.42% 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 5.56%.
| 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 84.21% of its industry peers.
- NXR-UN's Profit Margin has declined in the last couple of years.
- The Operating Margin of NXR-UN (66.28%) is better than 94.74% of its industry peers.
- NXR-UN's Operating Margin has declined in the last couple of years.
- The Gross Margin of NXR-UN (73.98%) is better than 86.84% of its industry peers.
- NXR-UN's Gross Margin has improved in the last couple of years.
| 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.
- The number of shares outstanding for NXR-UN has been increased compared to 1 year ago.
- The number of shares outstanding for NXR-UN has been increased compared to 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 0.60. 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 0.60. This is in the better half of the industry: NXR-UN outperforms 60.53% of its industry peers.
- NXR-UN has a debt to FCF ratio of 55.99. This is a negative value and a sign of low solvency as NXR-UN would need 55.99 years to pay back of all of its debts.
- NXR-UN's Debt to FCF ratio of 55.99 is on the low side compared to the rest of the industry. NXR-UN is outperformed by 78.95% 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.
- The Debt to Equity ratio of NXR-UN (1.11) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 55.99 | ||
| Altman-Z | 0.6 |
ROIC/WACC0.64
WACC5.69%
2.3 Liquidity
- A Current Ratio of 0.29 indicates that NXR-UN may have some problems paying its short term obligations.
- NXR-UN has a Current ratio of 0.29. This is in the better half of the industry: NXR-UN outperforms 68.42% of its industry peers.
- A Quick Ratio of 0.29 indicates that NXR-UN may have some problems paying its short term obligations.
- With a decent Quick ratio value of 0.29, NXR-UN is doing good in the industry, outperforming 71.05% 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
- The Revenue has decreased by -0.43% in the past 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 a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.54% yearly.
- NXR-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.53% yearly.
EPS Next Y40.91%
EPS Next 2Y21.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.98%
Revenue Next 2Y6.53%
Revenue Next 3YN/A
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. NXR-UN.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 12.03 indicates a correct valuation of NXR-UN.
- Based on the Price/Earnings ratio, NXR-UN is valued cheaper than 81.58% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 25.23, NXR-UN is valued rather cheaply.
- The Price/Forward Earnings ratio is 11.91, which indicates a very decent valuation of NXR-UN.
- 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 73.68% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of NXR-UN to the average of the S&P500 Index (23.28), we can say NXR-UN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.03 | ||
| Fwd PE | 11.91 |
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.
- 71.05% 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 | 27.07 | ||
| EV/EBITDA | 19.18 |
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.
- A more expensive valuation may be justified as NXR-UN's earnings are expected to grow with 21.54% in the coming years.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y21.54%
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 6.40, NXR-UN has a dividend in line with its industry peers.
- NXR-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| 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.
- NXR-UN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)9.23%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
- NXR-UN pays out 76.49% of its income as dividend. 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 2Y21.54%
EPS Next 3YN/A
NXR-UN.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:NXR-UN (3/20/2026, 7:00:00 PM)
7.46
-0.15 (-1.97%)
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 Owners3.01%
Inst Owner ChangeN/A
Ins Owners1.17%
Ins Owner ChangeN/A
Market Cap727.50M
Revenue(TTM)174.95M
Net Income(TTM)59.55M
Analysts70
Price Target8.57 (14.88%)
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 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)0.37%
PT rev (3m)1.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.03 | ||
| Fwd PE | 11.91 | ||
| P/S | 4.16 | ||
| P/FCF | 27.07 | ||
| P/OCF | 16.86 | ||
| P/B | 0.67 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | 19.18 |
EPS(TTM)0.62
EY8.31%
EPS(NY)0.63
Fwd EY8.39%
FCF(TTM)0.28
FCFY3.69%
OCF(TTM)0.44
OCFY5.93%
SpS1.79
BVpS11.11
TBVpS11.11
PEG (NY)0.29
PEG (5Y)N/A
Graham Number12.45
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 | 0.6 |
F-Score3
WACC5.69%
ROIC/WACC0.64
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 Y40.91%
EPS Next 2Y21.54%
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 Year8.98%
Revenue Next 2Y6.53%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-10.33%
EBIT growth 3Y-9.05%
EBIT growth 5Y21.06%
EBIT Next Year14.07%
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 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 6 / 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 12.03 and the Price/Book (PB) ratio is 0.67.
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 grow by 40.91% in the next year.