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 43 industry peers in the Diversified REITs industry. SGR-U scores excellent on profitability, 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
In the past year SGR-U was profitable.
SGR-U had a positive operating cash flow in the past year.
In the past 5 years SGR-U has always been profitable.
In the past 5 years SGR-U always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 1.71%, SGR-U is doing good in the industry, outperforming 74.42% of the companies in the same industry.
Looking at the Return On Equity, with a value of 5.68%, SGR-U belongs to the top of the industry, outperforming 90.70% of the companies in the same industry.
The Return On Invested Capital of SGR-U (4.33%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for SGR-U is in line with the industry average of 5.49%.
The 3 year average ROIC (4.28%) for SGR-U is below the current ROIC(4.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.71% | ||
| ROE | 5.68% | ||
| ROIC | 4.33% |
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
With a decent Profit Margin value of 18.30%, SGR-U is doing good in the industry, outperforming 76.74% of the companies in the same industry.
In the last couple of years the Profit Margin of SGR-U has remained more or less at the same level.
With a decent Operating Margin value of 61.36%, SGR-U is doing good in the industry, outperforming 79.07% of the companies in the same industry.
SGR-U's Operating Margin has been stable in the last couple of years.
The Gross Margin of SGR-U (69.10%) is better than 69.77% of its industry peers.
SGR-U's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 61.36% | ||
| PM (TTM) | 18.3% | ||
| GM | 69.1% |
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
Compared to 1 year ago, SGR-U has about the same amount of shares outstanding.
Compared to 5 years ago, SGR-U has more shares outstanding
Compared to 1 year ago, SGR-U has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.47, we must say that SGR-U is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.47, SGR-U is in line with its industry, outperforming 44.19% of the companies in the same industry.
The Debt to FCF ratio of SGR-U is 16.44, which is on the high side as it means it would take SGR-U, 16.44 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SGR-U (16.44) is better than 69.77% of its industry peers.
A Debt/Equity ratio of 1.66 is on the high side and indicates that SGR-U has dependencies on debt financing.
With a Debt to Equity ratio value of 1.66, SGR-U is not doing good in the industry: 76.74% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.66 | ||
| Debt/FCF | 16.44 | ||
| Altman-Z | 0.47 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.58 indicates that SGR-U may have some problems paying its short term obligations.
SGR-U's Current ratio of 0.58 is amongst the best of the industry. SGR-U outperforms 97.67% of its industry peers.
A Quick Ratio of 0.58 indicates that SGR-U may have some problems paying its short term obligations.
The Quick ratio of SGR-U (0.58) is better than 97.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 157.99% over the past year.
The Earnings Per Share has been growing slightly by 1.12% on average over the past years.
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)157.99%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%256.76%
Revenue 1Y (TTM)2.88%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%2.98%
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 4.71% yearly.
EPS Next Y44%
EPS Next 2Y22.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.88%
Revenue Next 2Y4.71%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.20 indicates a reasonable valuation of SGR-U.
Based on the Price/Earnings ratio, SGR-U is valued cheaper than 97.67% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.62, SGR-U is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.51, the valuation of SGR-U can be described as very cheap.
SGR-U's Price/Forward Earnings ratio is rather cheap when compared to the industry. SGR-U is cheaper than 97.67% of the companies in the same industry.
SGR-U is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.2 | ||
| Fwd PE | 6.51 |
4.2 Price Multiples
SGR-U's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SGR-U is cheaper than 83.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.9 | ||
| 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)0.25
PEG (5Y)9.98
EPS Next 2Y22.2%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.00%, SGR-U is a good candidate for dividend investing.
SGR-U's Dividend Yield is a higher than the industry average which is at 8.03.
SGR-U's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| 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 its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)-0.01%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
133.46% of the earnings are spent on dividend by SGR-U. This is not a sustainable payout ratio.
DP133.46%
EPS Next 2Y22.2%
EPS Next 3YN/A
TSX:SGR-U (2/20/2025, 7:00:00 PM)
10.08
-0.06 (-0.59%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners12.09%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap594.82M
Analysts71.11
Price Target7.7 (-23.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend0.86
Dividend Growth(5Y)-0.01%
DP133.46%
Div Incr Years0
Div Non Decr Years9
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)1.72%
PT rev (3m)4.9%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)20%
EPS NY rev (3m)1.89%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)1.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.2 | ||
| Fwd PE | 6.51 | ||
| P/S | 2 | ||
| P/FCF | 5.9 | ||
| P/OCF | 5.9 | ||
| P/B | 0.62 | ||
| P/tB | 0.62 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.9
EY8.93%
EPS(NY)1.55
Fwd EY15.36%
FCF(TTM)1.71
FCFY16.94%
OCF(TTM)1.71
OCFY16.94%
SpS5.03
BVpS16.2
TBVpS16.2
PEG (NY)0.25
PEG (5Y)9.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.71% | ||
| ROE | 5.68% | ||
| ROCE | 6.02% | ||
| ROIC | 4.33% | ||
| ROICexc | 4.38% | ||
| ROICexgc | 4.38% | ||
| OM | 61.36% | ||
| PM (TTM) | 18.3% | ||
| GM | 69.1% | ||
| FCFM | 33.94% |
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 | 1.66 | ||
| Debt/FCF | 16.44 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.33 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 185.41% | ||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 0.47 |
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)157.99%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%256.76%
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%2.98%
Revenue Next Year2.88%
Revenue Next 2Y4.71%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y3.58%
EBIT growth 3Y12.39%
EBIT growth 5Y7.45%
EBIT Next Year-15.13%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-6.98%
FCF growth 3Y11.79%
FCF growth 5Y9.8%
OCF growth 1Y-6.98%
OCF growth 3Y11.79%
OCF growth 5Y9.8%