SLATE GROCERY REIT-CL U (SGR-UN.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:SGR-UN • CA8310622037
15.68 CAD
-0.41 (-2.55%)
Last: Feb 11, 2026, 07:00 PM
SGR-UN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 38 industry peers in the Diversified REITs industry. SGR-UN scores excellent on profitability, but there are concerns on its financial health. SGR-UN has a correct valuation and a medium 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.
- Each year in the past 5 years SGR-UN had a positive operating cash flow.
1.2 Ratios
- SGR-UN has a Return On Assets of 1.88%. This is in the better half of the industry: SGR-UN outperforms 60.53% of its industry peers.
- With a decent Return On Equity value of 6.40%, SGR-UN is doing good in the industry, outperforming 76.32% of the companies in the same industry.
- With a decent Return On Invested Capital value of 4.26%, SGR-UN is doing good in the industry, outperforming 63.16% of the companies in the same industry.
- SGR-UN had an Average Return On Invested Capital over the past 3 years of 4.28%. This is in line with the industry average of 5.49%.
| 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
- Looking at the Profit Margin, with a value of 19.99%, SGR-UN is in the better half of the industry, outperforming 60.53% of the companies in the same industry.
- SGR-UN's Profit Margin has been stable in the last couple of years.
- SGR-UN has a better Operating Margin (61.31%) than 84.21% of its industry peers.
- SGR-UN's Operating Margin has been stable in the last couple of years.
- SGR-UN has a Gross Margin of 69.13%. This is in the better half of the industry: SGR-UN outperforms 68.42% of its industry peers.
- 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.
- SGR-UN has more shares outstanding than it did 5 years ago.
- SGR-UN has a worse debt/assets ratio than last year.
2.2 Solvency
- SGR-UN has an Altman-Z score of 0.59. This is a bad value and indicates that SGR-UN is not financially healthy and even has some risk of bankruptcy.
- SGR-UN's Altman-Z score of 0.59 is in line compared to the rest of the industry. SGR-UN outperforms 57.89% of 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.
- SGR-UN has a Debt to FCF ratio (17.70) which is in line with its industry peers.
- A Debt/Equity ratio of 1.80 is on the high side and indicates that SGR-UN has dependencies on debt financing.
- The Debt to Equity ratio of SGR-UN (1.80) is worse than 78.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 17.7 | ||
| Altman-Z | 0.59 |
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.
- SGR-UN has a Current ratio of 0.85. This is amongst the best in the industry. SGR-UN outperforms 86.84% of its industry peers.
- A Quick Ratio of 0.85 indicates that SGR-UN may have some problems paying its short term obligations.
- SGR-UN has a better Quick ratio (0.85) than 86.84% of its industry peers.
| 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.
- SGR-UN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.12% yearly.
- SGR-UN shows a small growth in Revenue. In the last year, the Revenue has grown by 2.04%.
- 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
- Based on estimates for the next years, SGR-UN will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.79% on average per year.
- 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.
- 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
- SGR-UN is valuated correctly with a Price/Earnings ratio of 16.51.
- 68.42% of the companies in the same industry are more expensive than SGR-UN, based on the Price/Earnings ratio.
- SGR-UN is valuated rather cheaply when we compare the Price/Earnings ratio to 28.23, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 11.56, the valuation of SGR-UN can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, SGR-UN is valued cheaply inside the industry as 81.58% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of SGR-UN to the average of the S&P500 Index (28.01), we can say SGR-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.51 | ||
| Fwd PE | 11.56 |
4.2 Price Multiples
- 65.79% of the companies in the same industry are more expensive than SGR-UN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.11 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The 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)1.24
PEG (5Y)14.72
EPS Next 2Y14.89%
EPS Next 3Y10.79%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 9.00%, SGR-UN is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 7.11, SGR-UN pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.79, 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 (2/11/2026, 7:00:00 PM)
15.68
-0.41 (-2.55%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)11-06 2025-11-06
Earnings (Next)02-11 2026-02-11
Inst Owners13.88%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap927.47M
Revenue(TTM)211.84M
Net Income(TTM)42.34M
Analysts70
Price Target11.43 (-27.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.18
Dividend Growth(5Y)-0.01%
DP120.67%
Div Incr Years1
Div Non Decr Years2
Ex-Date01-30 2026-01-30 (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)0.75%
PT rev (3m)1.89%
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 | 16.51 | ||
| Fwd PE | 11.56 | ||
| P/S | 3.23 | ||
| P/FCF | 10.11 | ||
| P/OCF | 10.11 | ||
| P/B | 1.03 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.95
EY6.06%
EPS(NY)1.36
Fwd EY8.65%
FCF(TTM)1.55
FCFY9.89%
OCF(TTM)1.55
OCFY9.89%
SpS4.86
BVpS15.18
TBVpS15.18
PEG (NY)1.24
PEG (5Y)14.72
Graham Number18.01
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 | 0.59 |
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-12.29%
EBIT Next 3Y-2.9%
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 7 / 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 16.51 and the Price/Book (PB) ratio is 1.03.
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.