CROMBIE REAL ESTATE INVESTME (CRR-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CRR-UN - CA2271071094 - REIT
15.69 CAD
-0.31 (-1.94%)
Taking everything into account, CRR-UN scores 3 out of 10 in our fundamental rating. CRR-UN was compared to 38 industry peers in the Diversified REITs industry. There are concerns on the financial health of CRR-UN while its profitability can be described as average. CRR-UN is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year CRR-UN was profitable.
- CRR-UN had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: CRR-UN reported negative net income in multiple years.
- Of the past 5 years CRR-UN 4 years had a positive operating cash flow.
1.2 Ratios
- CRR-UN's Return On Assets of 0.06% is in line compared to the rest of the industry. CRR-UN outperforms 47.37% of its industry peers.
- Looking at the Return On Equity, with a value of 0.14%, CRR-UN is in line with its industry, outperforming 47.37% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 5.39%, CRR-UN belongs to the top of the industry, outperforming 89.47% of the companies in the same industry.
- CRR-UN had an Average Return On Invested Capital over the past 3 years of 4.94%. This is in line with the industry average of 5.49%.
- The 3 year average ROIC (4.94%) for CRR-UN is below the current ROIC(5.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.06% | ||
| ROE | 0.14% | ||
| ROIC | 5.39% |
ROA(3y)-0.41%
ROA(5y)-0.55%
ROE(3y)-0.93%
ROE(5y)-1.43%
ROIC(3y)4.94%
ROIC(5y)4.9%
1.3 Margins
- CRR-UN's Profit Margin of 0.54% is in line compared to the rest of the industry. CRR-UN outperforms 47.37% of its industry peers.
- CRR-UN has a Operating Margin of 60.26%. This is in the better half of the industry: CRR-UN outperforms 73.68% of its industry peers.
- In the last couple of years the Operating Margin of CRR-UN has remained more or less at the same level.
- CRR-UN's Gross Margin of 65.47% is fine compared to the rest of the industry. CRR-UN outperforms 65.79% of its industry peers.
- In the last couple of years the Gross Margin of CRR-UN has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 60.26% | ||
| PM (TTM) | 0.54% | ||
| GM | 65.47% |
OM growth 3Y-1.57%
OM growth 5Y-0.93%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.35%
GM growth 5Y-1.78%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CRR-UN is destroying value.
- The number of shares outstanding for CRR-UN has been increased compared to 1 year ago.
- Compared to 5 years ago, CRR-UN has more shares outstanding
- The debt/assets ratio for CRR-UN is higher compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of CRR-UN is 7.99, which is on the high side as it means it would take CRR-UN, 7.99 years of fcf income to pay off all of its debts.
- CRR-UN has a Debt to FCF ratio of 7.99. This is amongst the best in the industry. CRR-UN outperforms 97.37% of its industry peers.
- CRR-UN has a Debt/Equity ratio of 1.16. This is a high value indicating a heavy dependency on external financing.
- CRR-UN has a Debt to Equity ratio of 1.16. This is comparable to the rest of the industry: CRR-UN outperforms 52.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 7.99 | ||
| Altman-Z | N/A |
ROIC/WACC0.99
WACC5.47%
2.3 Liquidity
- CRR-UN has a Current Ratio of 0.20. This is a bad value and indicates that CRR-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
- CRR-UN has a Current ratio (0.20) which is in line with its industry peers.
- CRR-UN has a Quick Ratio of 0.20. This is a bad value and indicates that CRR-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 0.20, CRR-UN is in line with its industry, outperforming 44.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.2 | ||
| Quick Ratio | 0.2 |
3. Growth
3.1 Past
- CRR-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 105.86%, which is quite impressive.
- CRR-UN shows a small growth in Revenue. In the last year, the Revenue has grown by 4.84%.
- CRR-UN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.62% yearly.
EPS 1Y (TTM)105.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%39.1%
Revenue 1Y (TTM)4.84%
Revenue growth 3Y5.22%
Revenue growth 5Y3.62%
Sales Q2Q%7.76%
3.2 Future
- CRR-UN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.08% yearly.
- CRR-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.84% yearly.
EPS Next Y4.76%
EPS Next 2Y3.13%
EPS Next 3Y3.08%
EPS Next 5YN/A
Revenue Next Year3.76%
Revenue Next 2Y2.93%
Revenue Next 3Y2.84%
Revenue Next 5YN/A
3.3 Evolution
- 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 784.50, the valuation of CRR-UN can be described as expensive.
- CRR-UN's Price/Earnings is on the same level as the industry average.
- When comparing the Price/Earnings ratio of CRR-UN to the average of the S&P500 Index (27.25), we can say CRR-UN is valued expensively.
- Based on the Price/Forward Earnings ratio of 23.19, the valuation of CRR-UN can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CRR-UN is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. CRR-UN is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 784.5 | ||
| Fwd PE | 23.19 |
4.2 Price Multiples
- CRR-UN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CRR-UN is cheaper than 94.74% of the companies in the same industry.
- 86.84% of the companies in the same industry are more expensive than CRR-UN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.79 | ||
| EV/EBITDA | 10.76 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CRR-UN does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)164.74
PEG (5Y)N/A
EPS Next 2Y3.13%
EPS Next 3Y3.08%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.73%, CRR-UN is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 7.11, CRR-UN is paying slightly less dividend.
- CRR-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 | 5.73% |
5.2 History
- CRR-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
- CRR-UN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
- 4686.17% of the earnings are spent on dividend by CRR-UN. This is not a sustainable payout ratio.
DP4686.17%
EPS Next 2Y3.13%
EPS Next 3Y3.08%
CROMBIE REAL ESTATE INVESTME / CRR-UN.CA FAQ
Can you provide the ChartMill fundamental rating for CROMBIE REAL ESTATE INVESTME?
ChartMill assigns a fundamental rating of 3 / 10 to CRR-UN.CA.
What is the valuation status for CRR-UN stock?
ChartMill assigns a valuation rating of 3 / 10 to CROMBIE REAL ESTATE INVESTME (CRR-UN.CA). This can be considered as Overvalued.
How profitable is CROMBIE REAL ESTATE INVESTME (CRR-UN.CA) stock?
CROMBIE REAL ESTATE INVESTME (CRR-UN.CA) has a profitability rating of 5 / 10.
What is the financial health of CROMBIE REAL ESTATE INVESTME (CRR-UN.CA) stock?
The financial health rating of CROMBIE REAL ESTATE INVESTME (CRR-UN.CA) is 2 / 10.
Can you provide the dividend sustainability for CRR-UN stock?
The dividend rating of CROMBIE REAL ESTATE INVESTME (CRR-UN.CA) is 4 / 10 and the dividend payout ratio is 4686.17%.