SLATE GROCERY REIT-CL U (SGR-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:SGR-UN - CA8310622037 - REIT
15.15 CAD
+0.26 (+1.75%)
SGR-UN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 37 industry peers in the Diversified REITs industry. While SGR-UN is still in line with the averages on profitability rating, there are concerns on its financial health. SGR-UN has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year SGR-UN was profitable.
SGR-UN had a positive operating cash flow in the past year.
In the past 5 years SGR-UN has always been profitable.
Each year in the past 5 years SGR-UN had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.88%, SGR-UN perfoms like the industry average, outperforming 59.46% of the companies in the same industry.
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.
Looking at the Return On Invested Capital, with a value of 4.26%, SGR-UN is in the better half of the industry, outperforming 70.27% 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 4.98%.
| 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.
SGR-UN's Operating Margin of 61.31% is amongst the best of the industry. SGR-UN outperforms 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.
SGR-UN has a Gross Margin of 69.13%. This is in the better half of the industry: SGR-UN outperforms 67.57% of its industry peers.
In the last couple of years the Gross Margin of SGR-UN has remained more or less at the same level.
| 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.
The debt/assets ratio for SGR-UN is higher compared to a year ago.
2.2 Solvency
SGR-UN has an Altman-Z score of 0.56. This is a bad value and indicates that SGR-UN is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.56, SGR-UN is in line with its industry, outperforming 59.46% of the companies in the same industry.
SGR-UN has a debt to FCF ratio of 17.70. This is a negative value and a sign of low solvency as SGR-UN would need 17.70 years to pay back of all of its debts.
SGR-UN's Debt to FCF ratio of 17.70 is in line compared to the rest of the industry. SGR-UN outperforms 43.24% of its industry peers.
SGR-UN has a Debt/Equity ratio of 1.80. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.80, SGR-UN is not doing good in the industry: 81.08% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 17.7 | ||
| Altman-Z | 0.56 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.85 indicates that SGR-UN may have some problems paying its short term obligations.
SGR-UN has a better Current ratio (0.85) than 86.49% 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 Quick ratio of 0.85. This is amongst the best in the industry. SGR-UN outperforms 86.49% 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.
Looking at the last year, SGR-UN shows a small growth in Revenue. The Revenue has grown by 2.04% in the last year.
SGR-UN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.16% yearly.
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
SGR-UN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.22% yearly.
SGR-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.78% yearly.
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.
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
Based on the Price/Earnings ratio of 15.30, the valuation of SGR-UN can be described as correct.
SGR-UN's Price/Earnings ratio is a bit cheaper when compared to the industry. SGR-UN is cheaper than 67.57% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.45, SGR-UN is valued a bit cheaper.
The Price/Forward Earnings ratio is 10.44, which indicates a very decent valuation of SGR-UN.
Based on the Price/Forward Earnings ratio, SGR-UN is valued cheaply inside the industry as 86.49% 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 (34.46), we can say SGR-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.3 | ||
| Fwd PE | 10.44 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SGR-UN is valued a bit cheaper than 62.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.39 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SGR-UN'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-UN may justify a higher PE ratio.
SGR-UN's earnings are expected to grow with 12.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)13.65
EPS Next 2Y16.62%
EPS Next 3Y12.22%
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 7.95.
SGR-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| 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.
The dividend of SGR-UN decreased 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 2Y16.62%
EPS Next 3Y12.22%
TSX:SGR-UN (11/21/2025, 7:00:00 PM)
15.15
+0.26 (+1.75%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners12.67%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap894.00M
Revenue(TTM)211.84M
Net Income(TTM)42.34M
Analysts71.11
Price Target11.26 (-25.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.22
Dividend Growth(5Y)-0.01%
DP120.67%
Div Incr Years1
Div Non Decr Years2
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)0.38%
PT rev (3m)0.38%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.3 | ||
| Fwd PE | 10.44 | ||
| P/S | 3 | ||
| P/FCF | 9.39 | ||
| P/OCF | 9.39 | ||
| P/B | 0.96 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.99
EY6.53%
EPS(NY)1.45
Fwd EY9.58%
FCF(TTM)1.61
FCFY10.65%
OCF(TTM)1.61
OCFY10.65%
SpS5.06
BVpS15.79
TBVpS15.79
PEG (NY)0.36
PEG (5Y)13.65
Graham Number18.76
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 | 0.56 |
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 Y42.67%
EPS Next 2Y16.62%
EPS Next 3Y12.22%
EPS Next 5YN/A
Revenue 1Y (TTM)2.04%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%1.89%
Revenue Next Year2.42%
Revenue Next 2Y2.38%
Revenue Next 3Y3.78%
Revenue Next 5YN/A
EBIT growth 1Y2.35%
EBIT growth 3Y12.39%
EBIT growth 5Y7.45%
EBIT Next Year-15.79%
EBIT Next 3Y-3.87%
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 for SGR-UN 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 earnings growth outlook for SLATE GROCERY REIT-CL U?
The Earnings per Share (EPS) of SLATE GROCERY REIT-CL U (SGR-UN.CA) is expected to grow by 42.67% in the next year.
How sustainable is the dividend of SLATE GROCERY REIT-CL U (SGR-UN.CA) stock?
The dividend rating of SLATE GROCERY REIT-CL U (SGR-UN.CA) is 5 / 10 and the dividend payout ratio is 120.67%.