SLATE GROCERY REIT-CL U (SGR-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:SGR-UN - CA8310622037 - REIT
15.74 CAD
+0.13 (+0.83%)
We assign a fundamental rating of 5 out of 10 to SGR-UN. SGR-UN was compared to 37 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. Profitability
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.
Each year in the past 5 years SGR-UN has been profitable.
In the past 5 years SGR-UN always reported a positive cash flow from operatings.
1.2 Ratios
SGR-UN has a Return On Assets of 1.88%. This is comparable to the rest of the industry: SGR-UN outperforms 59.46% of its industry peers.
With a decent Return On Equity value of 6.40%, SGR-UN is doing good in the industry, outperforming 75.68% of the companies in the same industry.
SGR-UN has a Return On Invested Capital of 4.26%. This is in the better half of the industry: SGR-UN outperforms 62.16% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SGR-UN is in line with the industry average of 5.57%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 6.4% | ||
| ROIC | 4.26% |
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-UN's Profit Margin of 19.99% is in line compared to the rest of the industry. SGR-UN outperforms 59.46% of its industry peers.
In the last couple of years the Profit Margin of SGR-UN has remained more or less at the same level.
The Operating Margin of SGR-UN (61.31%) is better than 83.78% 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 69.13%, SGR-UN is in the better half of the industry, outperforming 67.57% 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 | 61.31% | ||
| PM (TTM) | 19.99% | ||
| GM | 69.13% |
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-UN remains at a similar level compared to 1 year ago.
Compared to 5 years ago, SGR-UN has more shares outstanding
Compared to 1 year ago, SGR-UN has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.58, we must say that SGR-UN is in the distress zone and has some risk of bankruptcy.
SGR-UN has a Altman-Z score (0.58) which is in line with its industry peers.
The Debt to FCF ratio of SGR-UN is 17.70, which is on the high side as it means it would take SGR-UN, 17.70 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SGR-UN (17.70) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.80 is on the high side and indicates that SGR-UN has dependencies on debt financing.
SGR-UN has a Debt to Equity ratio of 1.80. This is amonst the worse of the industry: SGR-UN underperforms 81.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 17.7 | ||
| Altman-Z | 0.58 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
SGR-UN has a Current Ratio of 0.85. 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.
Looking at the Current ratio, with a value of 0.85, SGR-UN belongs to the top of the industry, outperforming 89.19% of the companies in the same industry.
SGR-UN has a Quick Ratio of 0.85. 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.
Looking at the Quick ratio, with a value of 0.85, SGR-UN belongs to the top of the industry, outperforming 89.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
SGR-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.42%, which is quite impressive.
Measured over the past 5 years, SGR-UN 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-UN shows a small growth in Revenue. The Revenue has grown by 2.04% in the last year.
The Revenue has been growing by 8.16% on average over the past years. This is quite good.
EPS 1Y (TTM)42.42%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%78.51%
Revenue 1Y (TTM)2.04%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%1.89%
3.2 Future
The Earnings Per Share is expected to grow by 10.79% on average over the next years. This is quite good.
Based on estimates for the next years, SGR-UN will show a small growth in Revenue. The Revenue will grow by 2.13% on average per year.
EPS Next Y13.33%
EPS Next 2Y14.89%
EPS Next 3Y10.79%
EPS Next 5YN/A
Revenue Next Year-0.11%
Revenue Next 2Y2.21%
Revenue Next 3Y2.13%
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
With a Price/Earnings ratio of 16.23, SGR-UN is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of SGR-UN indicates a somewhat cheap valuation: SGR-UN is cheaper than 67.57% of the companies listed in the same industry.
SGR-UN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.19.
SGR-UN is valuated reasonably with a Price/Forward Earnings ratio of 11.34.
Based on the Price/Forward Earnings ratio, SGR-UN is valued cheaper than 83.78% of the companies in the same industry.
SGR-UN is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.23 | ||
| Fwd PE | 11.34 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SGR-UN is valued a bit cheaper than the industry average as 62.16% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.92 | ||
| 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.
SGR-UN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.22
PEG (5Y)14.47
EPS Next 2Y14.89%
EPS Next 3Y10.79%
5. Dividend
5.1 Amount
SGR-UN has a Yearly Dividend Yield of 9.00%, which is a nice return.
SGR-UN's Dividend Yield is a higher than the industry average which is at 7.04.
Compared to an average S&P500 Dividend Yield of 1.92, SGR-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
5.2 History
The dividend of SGR-UN decreases each year by -0.01%.
SGR-UN has paid a dividend for at least 10 years, which is a reliable track record.
SGR-UN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.01%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
120.67% of the earnings are spent on dividend by SGR-UN. This is not a sustainable payout ratio.
DP120.67%
EPS Next 2Y14.89%
EPS Next 3Y10.79%
TSX:SGR-UN (1/9/2026, 7:00:00 PM)
15.74
+0.13 (+0.83%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners13.88%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap931.02M
Revenue(TTM)211.84M
Net Income(TTM)42.34M
Analysts70
Price Target11.35 (-27.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.2
Dividend Growth(5Y)-0.01%
DP120.67%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
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)1.14%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-20.56%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.23 | ||
| Fwd PE | 11.34 | ||
| P/S | 3.17 | ||
| P/FCF | 9.92 | ||
| P/OCF | 9.92 | ||
| P/B | 1.01 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.97
EY6.16%
EPS(NY)1.39
Fwd EY8.82%
FCF(TTM)1.59
FCFY10.08%
OCF(TTM)1.59
OCFY10.08%
SpS4.97
BVpS15.53
TBVpS15.53
PEG (NY)1.22
PEG (5Y)14.47
Graham Number18.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 6.4% | ||
| ROCE | 5.92% | ||
| ROIC | 4.26% | ||
| ROICexc | 4.3% | ||
| ROICexgc | 4.3% | ||
| OM | 61.31% | ||
| PM (TTM) | 19.99% | ||
| GM | 69.13% | ||
| FCFM | 31.91% |
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%
ROICexgc growth 3Y3.98%
ROICexgc 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 | 1.8 | ||
| Debt/FCF | 17.7 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.21 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 159.65% | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 0.58 |
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)42.42%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%78.51%
EPS Next Y13.33%
EPS Next 2Y14.89%
EPS Next 3Y10.79%
EPS Next 5YN/A
Revenue 1Y (TTM)2.04%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%1.89%
Revenue Next Year-0.11%
Revenue Next 2Y2.21%
Revenue Next 3Y2.13%
Revenue Next 5YN/A
EBIT growth 1Y2.35%
EBIT growth 3Y12.39%
EBIT growth 5Y7.45%
EBIT Next Year-14.27%
EBIT Next 3Y-3.63%
EBIT Next 5YN/A
FCF growth 1Y-4.88%
FCF growth 3Y11.79%
FCF growth 5Y9.8%
OCF growth 1Y-4.88%
OCF growth 3Y11.79%
OCF growth 5Y9.8%
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 5 / 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 6 / 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 16.23 and the Price/Book (PB) ratio is 1.01.
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.