SLATE GROCERY REIT-CL U (SGR-U.CA) Stock Fundamental Analysis
Canada - TSX:SGR-U - CA8310622037 - REIT
10.62 USD
+0.08 (+0.76%)
Taking everything into account, SGR-U scores 5 out of 10 in our fundamental rating. SGR-U was compared to 37 industry peers in the Diversified REITs industry. While SGR-U has a great profitability rating, there are quite some 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.
In the past year SGR-U had a positive cash flow from operations.
In the past 5 years SGR-U has always been profitable.
SGR-U had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SGR-U has a Return On Assets of 1.73%. This is in the better half of the industry: SGR-U outperforms 64.86% of its industry peers.
The Return On Equity of SGR-U (5.81%) is better than 78.38% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.29%, SGR-U is in the better half of the industry, outperforming 72.97% of the companies in the same industry.
SGR-U had an Average Return On Invested Capital over the past 3 years of 4.28%. This is in line with the industry average of 5.56%.
The 3 year average ROIC (4.28%) for SGR-U is below the current ROIC(4.29%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 5.81% | ||
| ROIC | 4.29% |
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
SGR-U has a better Profit Margin (18.36%) than 64.86% of its industry peers.
In the last couple of years the Profit Margin of SGR-U has remained more or less at the same level.
The Operating Margin of SGR-U (61.34%) is better than 86.49% of its industry peers.
In the last couple of years the Operating Margin of SGR-U has remained more or less at the same level.
SGR-U's Gross Margin of 69.16% is fine compared to the rest of the industry. SGR-U outperforms 70.27% of its industry peers.
SGR-U's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 61.34% | ||
| PM (TTM) | 18.36% | ||
| GM | 69.16% |
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.
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 0.50, we must say that SGR-U is in the distress zone and has some risk of bankruptcy.
SGR-U has a Altman-Z score of 0.50. This is comparable to the rest of the industry: SGR-U outperforms 48.65% of its industry peers.
The Debt to FCF ratio of SGR-U is 15.76, which is on the high side as it means it would take SGR-U, 15.76 years of fcf income to pay off all of its debts.
SGR-U's Debt to FCF ratio of 15.76 is in line compared to the rest of the industry. SGR-U outperforms 56.76% of its industry peers.
A Debt/Equity ratio of 1.75 is on the high side and indicates that SGR-U has dependencies on debt financing.
SGR-U has a worse Debt to Equity ratio (1.75) than 78.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 15.76 | ||
| Altman-Z | 0.5 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
SGR-U has a Current Ratio of 0.75. 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.
Looking at the Current ratio, with a value of 0.75, SGR-U belongs to the top of the industry, outperforming 91.89% of the companies in the same industry.
SGR-U has a Quick Ratio of 0.75. 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.
With an excellent Quick ratio value of 0.75, SGR-U belongs to the best of the industry, outperforming 91.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.29% over the past year.
The Earnings Per Share has been growing slightly by 1.12% on average over the past years.
The Revenue has been growing slightly by 2.41% in the past year.
The Revenue has been growing by 8.16% on average over the past years. This is quite good.
EPS 1Y (TTM)13.29%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%-10.22%
Revenue 1Y (TTM)2.41%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%1.09%
3.2 Future
SGR-U is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.22% yearly.
Based on estimates for the next years, SGR-U will show a small growth in Revenue. The Revenue will grow by 3.78% on average per year.
EPS Next Y42.67%
EPS Next 2Y16.62%
EPS Next 3Y12.22%
EPS Next 5YN/A
Revenue Next Year2.42%
Revenue Next 2Y2.38%
Revenue Next 3Y3.78%
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
A Price/Earnings ratio of 12.07 indicates a correct valuation of SGR-U.
Based on the Price/Earnings ratio, SGR-U is valued cheaper than 89.19% of the companies in the same industry.
SGR-U's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.41.
SGR-U is valuated cheaply with a Price/Forward Earnings ratio of 7.48.
Based on the Price/Forward Earnings ratio, SGR-U is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.88. SGR-U is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.07 | ||
| Fwd PE | 7.48 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SGR-U is valued cheaply inside the industry as 83.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.09 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The 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 12.22% in the coming years.
PEG (NY)0.28
PEG (5Y)10.76
EPS Next 2Y16.62%
EPS Next 3Y12.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.00%, SGR-U is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.90, SGR-U pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, 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
130.79% of the earnings are spent on dividend by SGR-U. This is not a sustainable payout ratio.
DP130.79%
EPS Next 2Y16.62%
EPS Next 3Y12.22%
TSX:SGR-U (9/18/2025, 7:00:00 PM)
10.62
+0.08 (+0.76%)
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 Cap626.69M
Analysts71.11
Price Target8.07 (-24.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.2
Dividend Growth(5Y)-0.01%
DP130.79%
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)-0.81%
PT rev (3m)1.02%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.93%
EPS NY rev (3m)-0.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.48%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.07 | ||
| Fwd PE | 7.48 | ||
| P/S | 2.16 | ||
| P/FCF | 6.09 | ||
| P/OCF | 6.09 | ||
| P/B | 0.68 | ||
| P/tB | 0.68 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.88
EY8.29%
EPS(NY)1.42
Fwd EY13.37%
FCF(TTM)1.75
FCFY16.43%
OCF(TTM)1.75
OCFY16.43%
SpS4.92
BVpS15.56
TBVpS15.56
PEG (NY)0.28
PEG (5Y)10.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 5.81% | ||
| ROCE | 5.96% | ||
| ROIC | 4.29% | ||
| ROICexc | 4.34% | ||
| ROICexgc | 4.34% | ||
| OM | 61.34% | ||
| PM (TTM) | 18.36% | ||
| GM | 69.16% | ||
| FCFM | 35.44% |
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 | 1.75 | ||
| Debt/FCF | 15.76 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.27 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 193.02% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 0.5 |
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)13.29%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%-10.22%
EPS Next Y42.67%
EPS Next 2Y16.62%
EPS Next 3Y12.22%
EPS Next 5YN/A
Revenue 1Y (TTM)2.41%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%1.09%
Revenue Next Year2.42%
Revenue Next 2Y2.38%
Revenue Next 3Y3.78%
Revenue Next 5YN/A
EBIT growth 1Y3.33%
EBIT growth 3Y12.39%
EBIT growth 5Y7.45%
EBIT Next Year-13.31%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y9.9%
FCF growth 3Y11.79%
FCF growth 5Y9.8%
OCF growth 1Y9.9%
OCF growth 3Y11.79%
OCF growth 5Y9.8%