SLATE GROCERY REIT-CL U (SGR-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:SGR-UN - CA8310622037 - REIT
14.92 CAD
-0.05 (-0.33%)
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. While SGR-UN has a great profitability rating, there are quite some 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.
In the past year SGR-UN had a positive cash flow from operations.
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
With a decent Return On Assets value of 1.88%, SGR-UN is doing good in the industry, outperforming 60.53% of the companies in the same industry.
SGR-UN has a Return On Equity of 6.40%. This is in the better half of the industry: SGR-UN outperforms 76.32% of its industry peers.
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.
The Average Return On Invested Capital over the past 3 years for SGR-UN 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
SGR-UN's Profit Margin of 19.99% is fine compared to the rest of the industry. SGR-UN outperforms 60.53% of its industry peers.
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.
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 68.42% 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.
Compared to 5 years ago, SGR-UN has more shares outstanding
The debt/assets ratio for SGR-UN is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.56, we must say that SGR-UN is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.56, SGR-UN is in the better half of the industry, outperforming 60.53% 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 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.
SGR-UN's Debt to Equity ratio of 1.80 is on the low side compared to the rest of the industry. SGR-UN is outperformed by 78.95% of its industry peers.
| 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.
The Current ratio of SGR-UN (0.85) is better than 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.
With an excellent Quick ratio value of 0.85, SGR-UN belongs to the best of the industry, outperforming 86.84% 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.
The Revenue has been growing slightly by 2.04% in the past 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
Based on estimates for the next years, SGR-UN will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.22% on average per year.
The Revenue is expected to grow by 3.78% on average over the next years.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 15.22, SGR-UN is valued correctly.
Based on the Price/Earnings ratio, SGR-UN is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.37. SGR-UN is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 10.34, the valuation of SGR-UN can be described as reasonable.
Based on the Price/Forward Earnings ratio, SGR-UN is valued cheaper than 86.84% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.20, SGR-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.22 | ||
| Fwd PE | 10.34 |
4.2 Price Multiples
SGR-UN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SGR-UN is cheaper than 65.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.32 | ||
| 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.
SGR-UN has a very decent profitability rating, which 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)13.58
EPS Next 2Y16.62%
EPS Next 3Y12.22%
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 7.95, SGR-UN pays a bit more dividend than its industry peers.
SGR-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
5.2 History
The dividend of SGR-UN decreases each year by -0.01%.
SGR-UN has been paying a dividend for at least 10 years, so it has 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 (12/3/2025, 7:00:00 PM)
14.92
-0.05 (-0.33%)
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 Cap882.52M
Revenue(TTM)211.84M
Net Income(TTM)42.34M
Analysts71.11
Price Target11.26 (-24.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.21
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 | 15.22 | ||
| Fwd PE | 10.34 | ||
| P/S | 2.97 | ||
| P/FCF | 9.32 | ||
| P/OCF | 9.32 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.98
EY6.57%
EPS(NY)1.44
Fwd EY9.67%
FCF(TTM)1.6
FCFY10.73%
OCF(TTM)1.6
OCFY10.73%
SpS5.02
BVpS15.66
TBVpS15.66
PEG (NY)0.36
PEG (5Y)13.58
Graham Number18.58
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-15.3%
EBIT Next 3Y-3.68%
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%.