SLATE GROCERY REIT-CL U (SGR-UN.CA) Fundamental Analysis & Valuation
TSX:SGR-UN • CA8310622037
15.9 CAD
+0.1 (+0.63%)
Last: Mar 4, 2026, 07:00 PM
This SGR-UN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, SGR-UN scores 4 out of 10 in our fundamental rating. SGR-UN was compared to 35 industry peers in the Diversified REITs industry. There are concerns on the financial health of SGR-UN while its profitability can be described as average. SGR-UN is not valued too expensively and it also shows a decent growth rate.
1. SGR-UN.CA Profitability Analysis
1.1 Basic Checks
- SGR-UN had positive earnings in the past year.
- SGR-UN had a positive operating cash flow in the past year.
- In the past 5 years SGR-UN has always been profitable.
- SGR-UN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- SGR-UN has a Return On Assets (1.73%) which is in line with its industry peers.
- The Return On Equity of SGR-UN (6.19%) is better than 68.57% of its industry peers.
- With an excellent Return On Invested Capital value of 5.17%, SGR-UN belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
- SGR-UN had an Average Return On Invested Capital over the past 3 years of 5.41%. This is in line with the industry average of 5.26%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 6.19% | ||
| ROIC | 5.17% |
ROA(3y)1.37%
ROA(5y)2.95%
ROE(3y)4.69%
ROE(5y)9.08%
ROIC(3y)5.41%
ROIC(5y)5.11%
1.3 Margins
- With a Profit Margin value of 19.14%, SGR-UN perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of SGR-UN has declined.
- The Operating Margin of SGR-UN (61.37%) is better than 82.86% of its industry peers.
- In the last couple of years the Operating Margin of SGR-UN has remained more or less at the same level.
- Looking at the Gross Margin, with a value of 69.16%, SGR-UN is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
- SGR-UN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 61.37% | ||
| PM (TTM) | 19.14% | ||
| GM | 69.16% |
OM growth 3Y-1.04%
OM growth 5Y-0.91%
PM growth 3Y-35.74%
PM growth 5Y-10.32%
GM growth 3Y-1.23%
GM growth 5Y-0.95%
2. SGR-UN.CA Health Analysis
2.1 Basic Checks
- SGR-UN has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for SGR-UN has been increased compared to 5 years ago.
- SGR-UN has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.52, we must say that SGR-UN is in the distress zone and has some risk of bankruptcy.
- SGR-UN has a Altman-Z score (0.52) which is in line with its industry peers.
- SGR-UN has a debt to FCF ratio of 19.47. This is a negative value and a sign of low solvency as SGR-UN would need 19.47 years to pay back of all of its debts.
- SGR-UN has a Debt to FCF ratio (19.47) which is in line with its industry peers.
- SGR-UN has a Debt/Equity ratio of 1.86. This is a high value indicating a heavy dependency on external financing.
- SGR-UN's Debt to Equity ratio of 1.86 is on the low side compared to the rest of the industry. SGR-UN is outperformed by 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.86 | ||
| Debt/FCF | 19.47 | ||
| Altman-Z | 0.52 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.45 indicates that SGR-UN may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.45, SGR-UN is in the better half of the industry, outperforming 74.29% of the companies in the same industry.
- SGR-UN has a Quick Ratio of 0.45. This is a bad value and indicates that SGR-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
- SGR-UN has a Quick ratio of 0.45. This is in the better half of the industry: SGR-UN outperforms 77.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.45 | ||
| Quick Ratio | 0.45 |
3. SGR-UN.CA Growth Analysis
3.1 Past
- The Earnings Per Share has been growing slightly by 6.29% over the past year.
- Measured over the past years, SGR-UN shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.16% on average per year.
- Looking at the last year, SGR-UN shows a small growth in Revenue. The Revenue has grown by 2.02% in the last year.
- The Revenue has been growing by 11.09% on average over the past years. This is quite good.
EPS 1Y (TTM)6.29%
EPS 3Y-31.36%
EPS 5Y-7.16%
EPS Q2Q%-12.63%
Revenue 1Y (TTM)2.02%
Revenue growth 3Y6.33%
Revenue growth 5Y11.09%
Sales Q2Q%2.88%
3.2 Future
- SGR-UN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.54% yearly.
- SGR-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.47% yearly.
EPS Next Y16.47%
EPS Next 2Y9.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.89%
Revenue Next 2Y2.47%
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. SGR-UN.CA Valuation Analysis
4.1 Price/Earnings Ratio
- SGR-UN is valuated rather expensively with a Price/Earnings ratio of 17.28.
- Compared to the rest of the industry, the Price/Earnings ratio of SGR-UN indicates a somewhat cheap valuation: SGR-UN is cheaper than 68.57% of the companies listed in the same industry.
- SGR-UN is valuated rather cheaply when we compare the Price/Earnings ratio to 26.74, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 11.64, the valuation of SGR-UN can be described as very reasonable.
- 80.00% of the companies in the same industry are more expensive than SGR-UN, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of SGR-UN to the average of the S&P500 Index (24.82), we can say SGR-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.28 | ||
| Fwd PE | 11.64 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SGR-UN indicates a somewhat cheap valuation: SGR-UN is cheaper than 68.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.28 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- SGR-UN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of SGR-UN may justify a higher PE ratio.
PEG (NY)1.05
PEG (5Y)N/A
EPS Next 2Y9.54%
EPS Next 3YN/A
5. SGR-UN.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 9.00%, SGR-UN is a good candidate for dividend investing.
- SGR-UN's Dividend Yield is a higher than the industry average which is at 7.24.
- SGR-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
5.2 History
- The dividend of SGR-UN has a limited annual growth rate of 1.50%.
- SGR-UN has paid a dividend for at least 10 years, which is a reliable track record.
- The dividend of SGR-UN decreased in the last 3 years.
Dividend Growth(5Y)1.5%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
- SGR-UN pays out 125.20% of its income as dividend. This is not a sustainable payout ratio.
- SGR-UN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP125.2%
EPS Next 2Y9.54%
EPS Next 3YN/A
SGR-UN.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:SGR-UN (3/4/2026, 7:00:00 PM)
15.9
+0.1 (+0.63%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-11 2026-02-11
Earnings (Next)05-04 2026-05-04
Inst Owners13.88%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap940.49M
Revenue(TTM)213.37M
Net Income(TTM)40.83M
Analysts70
Price Target11.77 (-25.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.18
Dividend Growth(5Y)1.5%
DP125.2%
Div Incr Years1
Div Non Decr Years2
Ex-Date02-27 2026-02-27 (0.072)
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)3.75%
PT rev (3m)4.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.94%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.62%
Revenue NY rev (3m)-1.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.28 | ||
| Fwd PE | 11.64 | ||
| P/S | 3.23 | ||
| P/FCF | 10.28 | ||
| P/OCF | 10.28 | ||
| P/B | 1.04 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.92
EY5.79%
EPS(NY)1.37
Fwd EY8.59%
FCF(TTM)1.55
FCFY9.72%
OCF(TTM)1.55
OCFY9.72%
SpS4.93
BVpS15.22
TBVpS15.22
PEG (NY)1.05
PEG (5Y)N/A
Graham Number17.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 6.19% | ||
| ROCE | 5.88% | ||
| ROIC | 5.17% | ||
| ROICexc | 5.22% | ||
| ROICexgc | 5.22% | ||
| OM | 61.37% | ||
| PM (TTM) | 19.14% | ||
| GM | 69.16% | ||
| FCFM | 31.38% |
ROA(3y)1.37%
ROA(5y)2.95%
ROE(3y)4.69%
ROE(5y)9.08%
ROIC(3y)5.41%
ROIC(5y)5.11%
ROICexc(3y)5.47%
ROICexc(5y)5.17%
ROICexgc(3y)5.47%
ROICexgc(5y)5.17%
ROCE(3y)6.16%
ROCE(5y)5.82%
ROICexgc growth 3Y3.78%
ROICexgc growth 5Y-1.1%
ROICexc growth 3Y3.78%
ROICexc growth 5Y-1.1%
OM growth 3Y-1.04%
OM growth 5Y-0.91%
PM growth 3Y-35.74%
PM growth 5Y-10.32%
GM growth 3Y-1.23%
GM growth 5Y-0.95%
F-Score5
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.86 | ||
| Debt/FCF | 19.47 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.14 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 164.01% | ||
| Current Ratio | 0.45 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | 0.52 |
F-Score5
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)285.75%
Profit Quality(5y)192.36%
High Growth Momentum
Growth
EPS 1Y (TTM)6.29%
EPS 3Y-31.36%
EPS 5Y-7.16%
EPS Q2Q%-12.63%
EPS Next Y16.47%
EPS Next 2Y9.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.02%
Revenue growth 3Y6.33%
Revenue growth 5Y11.09%
Sales Q2Q%2.88%
Revenue Next Year2.89%
Revenue Next 2Y2.47%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y2.11%
EBIT growth 3Y5.22%
EBIT growth 5Y10.08%
EBIT Next Year-11.99%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-5.65%
FCF growth 3Y4.32%
FCF growth 5Y11.22%
OCF growth 1Y-5.65%
OCF growth 3Y4.32%
OCF growth 5Y11.22%
SLATE GROCERY REIT-CL U / SGR-UN.CA FAQ
Can you provide the ChartMill fundamental rating for SLATE GROCERY REIT-CL U?
ChartMill assigns a fundamental rating of 4 / 10 to SGR-UN.CA.
What is the valuation status of SLATE GROCERY REIT-CL U (SGR-UN.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to SLATE GROCERY REIT-CL U (SGR-UN.CA). This can be considered as Fairly Valued.
How profitable is SLATE GROCERY REIT-CL U (SGR-UN.CA) stock?
SLATE GROCERY REIT-CL U (SGR-UN.CA) has a profitability rating of 6 / 10.
What is the valuation of SLATE GROCERY REIT-CL U based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SLATE GROCERY REIT-CL U (SGR-UN.CA) is 17.28 and the Price/Book (PB) ratio is 1.04.
How financially healthy is SLATE GROCERY REIT-CL U?
The financial health rating of SLATE GROCERY REIT-CL U (SGR-UN.CA) is 2 / 10.