SLATE GROCERY REIT-CL U (SGR-U.CA) Stock Fundamental Analysis
TSX:SGR-U - Toronto Stock Exchange - CA8310622037 - REIT - Currency: USD
Overall SGR-U gets a fundamental rating of 6 out of 10. We evaluated SGR-U against 38 industry peers in the Diversified REITs industry. SGR-U has an excellent profitability rating, but there are concerns on its financial health. SGR-U is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
SGR-U had positive earnings in the past year.
SGR-U had a positive operating cash flow in the past year.
SGR-U had positive earnings in each of the past 5 years.
SGR-U had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 1.79%, SGR-U is doing good in the industry, outperforming 65.79% of the companies in the same industry.
Looking at the Return On Equity, with a value of 5.95%, SGR-U belongs to the top of the industry, outperforming 84.21% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.35%, SGR-U is in line with its industry, outperforming 55.26% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SGR-U is in line with the industry average of 5.66%.
The last Return On Invested Capital (4.35%) for SGR-U is above the 3 year average (4.28%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.79% | ||
| ROE | 5.95% | ||
| ROIC | 4.35% |
ROA(3y)2.67%
ROA(5y)3.23%
ROE(3y)8.39%
ROE(5y)9.68%
ROIC(3y)4.28%
ROIC(5y)4.25%
1.3 Margins
Looking at the Profit Margin, with a value of 19.00%, SGR-U is in the better half of the industry, outperforming 63.16% of the companies in the same industry.
SGR-U's Profit Margin has been stable in the last couple of years.
With a decent Operating Margin value of 61.36%, SGR-U is doing good in the industry, outperforming 78.95% of the companies in the same industry.
SGR-U's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 69.04%, SGR-U is doing good in the industry, outperforming 71.05% of the companies in the same industry.
SGR-U's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 61.36% | ||
| PM (TTM) | 19% | ||
| GM | 69.04% |
OM growth 3Y-2.08%
OM growth 5Y-0.65%
PM growth 3Y-33.71%
PM growth 5Y-0.33%
GM growth 3Y-1.79%
GM growth 5Y-0.54%
2. Health
2.1 Basic Checks
The number of shares outstanding for SGR-U remains at a similar level compared to 1 year ago.
SGR-U has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SGR-U is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that SGR-U is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SGR-U (0.48) is comparable to the rest of the industry.
SGR-U has a debt to FCF ratio of 15.90. This is a negative value and a sign of low solvency as SGR-U would need 15.90 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 15.90, SGR-U is doing good in the industry, outperforming 60.53% of the companies in the same industry.
SGR-U has a Debt/Equity ratio of 1.68. This is a high value indicating a heavy dependency on external financing.
SGR-U has a worse Debt to Equity ratio (1.68) than 76.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.68 | ||
| Debt/FCF | 15.9 | ||
| Altman-Z | 0.48 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.55 indicates that SGR-U may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.55, SGR-U belongs to the top of the industry, outperforming 84.21% of the companies in the same industry.
SGR-U has a Quick Ratio of 0.55. This is a bad value and indicates that SGR-U is not financially healthy enough and could expect problems in meeting its short term obligations.
SGR-U has a Quick ratio of 0.55. This is amongst the best in the industry. SGR-U outperforms 89.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
SGR-U shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.37%.
Measured over the past 5 years, SGR-U shows a small growth in Earnings Per Share. The EPS has been growing by 1.12% on average per year.
Looking at the last year, SGR-U shows a small growth in Revenue. The Revenue has grown by 2.88% in the last year.
Measured over the past years, SGR-U shows a quite strong growth in Revenue. The Revenue has been growing by 8.16% on average per year.
EPS 1Y (TTM)5.37%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%13.17%
Revenue 1Y (TTM)2.88%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%2.22%
3.2 Future
Based on estimates for the next years, SGR-U will show a very strong growth in Earnings Per Share. The EPS will grow by 22.20% on average per year.
SGR-U is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.87% yearly.
EPS Next Y44%
EPS Next 2Y22.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.88%
Revenue Next 2Y2.87%
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. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.64, the valuation of SGR-U can be described as reasonable.
Based on the Price/Earnings ratio, SGR-U is valued cheaply inside the industry as 89.47% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.52. SGR-U is valued rather cheaply when compared to this.
SGR-U is valuated cheaply with a Price/Forward Earnings ratio of 6.76.
SGR-U's Price/Forward Earnings ratio is rather cheap when compared to the industry. SGR-U is cheaper than 100.00% of the companies in the same industry.
SGR-U is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.58, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.64 | ||
| Fwd PE | 6.76 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SGR-U is valued cheaply inside the industry as 84.21% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.14 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SGR-U's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of SGR-U may justify a higher PE ratio.
A more expensive valuation may be justified as SGR-U's earnings are expected to grow with 22.20% in the coming years.
PEG (NY)0.26
PEG (5Y)10.39
EPS Next 2Y22.2%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SGR-U has a Yearly Dividend Yield of 9.00%, which is a nice return.
SGR-U's Dividend Yield is a higher than the industry average which is at 7.95.
Compared to an average S&P500 Dividend Yield of 2.35, SGR-U pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
5.2 History
The dividend of SGR-U decreases each year by -0.01%.
SGR-U has been paying a dividend for at least 10 years, so it has a reliable track record.
SGR-U has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.01%
Div Incr Years1
Div Non Decr Years10
5.3 Sustainability
127.32% of the earnings are spent on dividend by SGR-U. This is not a sustainable payout ratio.
DP127.32%
EPS Next 2Y22.2%
EPS Next 3YN/A
TSX:SGR-U (7/14/2025, 7:00:00 PM)
10.48
+0.23 (+2.24%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners12.97%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap618.42M
Analysts71.11
Price Target7.98 (-23.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.18
Dividend Growth(5Y)-0.01%
DP127.32%
Div Incr Years1
Div Non Decr Years10
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)3.64%
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 | 11.64 | ||
| Fwd PE | 6.76 | ||
| P/S | 2.15 | ||
| P/FCF | 6.14 | ||
| P/OCF | 6.14 | ||
| P/B | 0.67 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.9
EY8.59%
EPS(NY)1.55
Fwd EY14.79%
FCF(TTM)1.71
FCFY16.29%
OCF(TTM)1.71
OCFY16.29%
SpS4.88
BVpS15.58
TBVpS15.58
PEG (NY)0.26
PEG (5Y)10.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.79% | ||
| ROE | 5.95% | ||
| ROCE | 6.04% | ||
| ROIC | 4.35% | ||
| ROICexc | 4.4% | ||
| ROICexgc | 4.4% | ||
| OM | 61.36% | ||
| PM (TTM) | 19% | ||
| GM | 69.04% | ||
| FCFM | 34.97% |
ROA(3y)2.67%
ROA(5y)3.23%
ROE(3y)8.39%
ROE(5y)9.68%
ROIC(3y)4.28%
ROIC(5y)4.25%
ROICexc(3y)4.33%
ROICexc(5y)4.28%
ROICexgc(3y)4.33%
ROICexgc(5y)4.28%
ROCE(3y)5.95%
ROCE(5y)5.9%
ROICexcg growth 3Y3.98%
ROICexcg growth 5Y-3.9%
ROICexc growth 3Y3.98%
ROICexc growth 5Y-3.9%
OM growth 3Y-2.08%
OM growth 5Y-0.65%
PM growth 3Y-33.71%
PM growth 5Y-0.33%
GM growth 3Y-1.79%
GM growth 5Y-0.54%
F-Score7
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.68 | ||
| Debt/FCF | 15.9 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.33 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 184.07% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 0.48 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)246.45%
Profit Quality(5y)178.48%
High Growth Momentum
Growth
EPS 1Y (TTM)5.37%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%13.17%
EPS Next Y44%
EPS Next 2Y22.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.88%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%2.22%
Revenue Next Year2.88%
Revenue Next 2Y2.87%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y4.16%
EBIT growth 3Y12.39%
EBIT growth 5Y7.45%
EBIT Next Year-12.8%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y27%
FCF growth 3Y11.79%
FCF growth 5Y9.8%
OCF growth 1Y27%
OCF growth 3Y11.79%
OCF growth 5Y9.8%