H&R REAL ESTATE INV-REIT UTS (HR-UN.CA) Fundamental Analysis & Valuation

TSX:HR-UN • CA4039254079

Current stock price

10.24 CAD
+0.02 (+0.2%)
Last:

This HR-UN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. HR-UN.CA Profitability Analysis

1.1 Basic Checks

  • HR-UN had negative earnings in the past year.
  • HR-UN had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: HR-UN reported negative net income in multiple years.
  • HR-UN had a positive operating cash flow in each of the past 5 years.
HR-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFHR-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M

1.2 Ratios

  • HR-UN's Return On Assets of -8.69% is on the low side compared to the rest of the industry. HR-UN is outperformed by 77.14% of its industry peers.
  • HR-UN's Return On Equity of -19.14% is on the low side compared to the rest of the industry. HR-UN is outperformed by 77.14% of its industry peers.
  • HR-UN's Return On Invested Capital of 4.03% is in line compared to the rest of the industry. HR-UN outperforms 48.57% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for HR-UN is in line with the industry average of 5.56%.
  • The 3 year average ROIC (3.80%) for HR-UN is below the current ROIC(4.03%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -8.69%
ROE -19.14%
ROIC 4.03%
ROA(3y)-3.08%
ROA(5y)0.77%
ROE(3y)-6.74%
ROE(5y)1.54%
ROIC(3y)3.8%
ROIC(5y)3.88%
HR-UN.CA Yearly ROA, ROE, ROICHR-UN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10

1.3 Margins

  • The Operating Margin of HR-UN (60.08%) is better than 71.43% of its industry peers.
  • HR-UN's Operating Margin has been stable in the last couple of years.
  • HR-UN has a Gross Margin of 62.45%. This is comparable to the rest of the industry: HR-UN outperforms 54.29% of its industry peers.
  • HR-UN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 60.08%
PM (TTM) N/A
GM 62.45%
OM growth 3Y-0.75%
OM growth 5Y0.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.86%
GM growth 5Y0.67%
HR-UN.CA Yearly Profit, Operating, Gross MarginsHR-UN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 100

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2

2. HR-UN.CA Health Analysis

2.1 Basic Checks

  • HR-UN has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, HR-UN has less shares outstanding
  • Compared to 1 year ago, HR-UN has a worse debt to assets ratio.
HR-UN.CA Yearly Shares OutstandingHR-UN.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
HR-UN.CA Yearly Total Debt VS Total AssetsHR-UN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

2.2 Solvency

  • Based on the Altman-Z score of 0.28, we must say that HR-UN is in the distress zone and has some risk of bankruptcy.
  • HR-UN's Altman-Z score of 0.28 is on the low side compared to the rest of the industry. HR-UN is outperformed by 60.00% of its industry peers.
  • HR-UN has a debt to FCF ratio of 19.42. This is a negative value and a sign of low solvency as HR-UN would need 19.42 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 19.42, HR-UN is doing worse than 60.00% of the companies in the same industry.
  • HR-UN has a Debt/Equity ratio of 0.86. This is a neutral value indicating HR-UN is somewhat dependend on debt financing.
  • The Debt to Equity ratio of HR-UN (0.86) is better than 71.43% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 19.42
Altman-Z 0.28
ROIC/WACCN/A
WACCN/A
HR-UN.CA Yearly LT Debt VS Equity VS FCFHR-UN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 0.23 indicates that HR-UN may have some problems paying its short term obligations.
  • HR-UN has a Current ratio (0.23) which is in line with its industry peers.
  • HR-UN has a Quick Ratio of 0.23. This is a bad value and indicates that HR-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
  • HR-UN has a Quick ratio of 0.23. This is comparable to the rest of the industry: HR-UN outperforms 48.57% of its industry peers.
Industry RankSector Rank
Current Ratio 0.23
Quick Ratio 0.23
HR-UN.CA Yearly Current Assets VS Current LiabilitesHR-UN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. HR-UN.CA Growth Analysis

3.1 Past

  • The earnings per share for HR-UN have decreased strongly by -565.94% in the last year.
  • The Revenue has decreased by -0.23% in the past year.
  • HR-UN shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -5.80% yearly.
EPS 1Y (TTM)-565.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-290.83%
Revenue 1Y (TTM)-0.23%
Revenue growth 3Y-0.78%
Revenue growth 5Y-5.8%
Sales Q2Q%0.69%

3.2 Future

  • The Earnings Per Share is expected to grow by 66.54% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, HR-UN will show a decrease in Revenue. The Revenue will decrease by -5.87% on average per year.
EPS Next Y173.59%
EPS Next 2Y66.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-12.88%
Revenue Next 2Y-5.87%
Revenue Next 3YN/A
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 stable.
HR-UN.CA Yearly Revenue VS EstimatesHR-UN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
HR-UN.CA Yearly EPS VS EstimatesHR-UN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 -1 2 -2 3

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4

4. HR-UN.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for HR-UN. In the last year negative earnings were reported.
  • A Price/Forward Earnings ratio of 8.50 indicates a reasonable valuation of HR-UN.
  • Based on the Price/Forward Earnings ratio, HR-UN is valued cheaper than 94.29% of the companies in the same industry.
  • HR-UN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.80.
Industry RankSector Rank
PE N/A
Fwd PE 8.5
HR-UN.CA Price Earnings VS Forward Price EarningsHR-UN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, HR-UN is valued a bit more expensive than the industry average as 62.86% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 14.38
EV/EBITDA N/A
HR-UN.CA Per share dataHR-UN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • HR-UN's earnings are expected to grow with 66.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y66.54%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. HR-UN.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 5.61%, HR-UN is a good candidate for dividend investing.
  • HR-UN's Dividend Yield is slightly below the industry average, which is at 7.24.
  • Compared to an average S&P500 Dividend Yield of 1.91, HR-UN pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.61%

5.2 History

  • The dividend of HR-UN decreases each year by -4.88%.
  • HR-UN has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of HR-UN decreased in the last 3 years.
Dividend Growth(5Y)-4.88%
Div Incr Years2
Div Non Decr Years2
HR-UN.CA Yearly Dividends per shareHR-UN.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • The earnings of HR-UN are negative and hence is the payout ratio. HR-UN will probably not be able to sustain this dividend level.
DP-23.87%
EPS Next 2Y66.54%
EPS Next 3YN/A
HR-UN.CA Yearly Income VS Free CF VS DividendHR-UN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M

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HR-UN.CA Fundamentals: All Metrics, Ratios and Statistics

H&R REAL ESTATE INV-REIT UTS

TSX:HR-UN (3/18/2026, 7:00:00 PM)

10.24

+0.02 (+0.2%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-12
Earnings (Next)05-12
Inst Owners21%
Inst Owner ChangeN/A
Ins Owners1.53%
Ins Owner ChangeN/A
Market Cap2.71B
Revenue(TTM)815.13M
Net Income(TTM)-791.56M
Analysts80
Price Target11.95 (16.7%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.61%
Yearly Dividend0.72
Dividend Growth(5Y)-4.88%
DP-23.87%
Div Incr Years2
Div Non Decr Years2
Ex-Date03-31
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)0.77%
PT rev (3m)1.5%
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)-8.43%
Revenue NY rev (3m)-8.43%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 8.5
P/S 3.32
P/FCF 14.38
P/OCF 14.38
P/B 0.66
P/tB 0.66
EV/EBITDA N/A
EPS(TTM)-3.04
EYN/A
EPS(NY)1.21
Fwd EY11.77%
FCF(TTM)0.71
FCFY6.96%
OCF(TTM)0.71
OCFY6.96%
SpS3.08
BVpS15.63
TBVpS15.63
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -8.69%
ROE -19.14%
ROCE 5.59%
ROIC 4.03%
ROICexc 4.05%
ROICexgc 4.06%
OM 60.08%
PM (TTM) N/A
GM 62.45%
FCFM 23.12%
ROA(3y)-3.08%
ROA(5y)0.77%
ROE(3y)-6.74%
ROE(5y)1.54%
ROIC(3y)3.8%
ROIC(5y)3.88%
ROICexc(3y)3.82%
ROICexc(5y)3.92%
ROICexgc(3y)3.83%
ROICexgc(5y)3.92%
ROCE(3y)5.27%
ROCE(5y)5.39%
ROICexgc growth 3Y5.97%
ROICexgc growth 5Y0.72%
ROICexc growth 3Y6.03%
ROICexc growth 5Y0.69%
OM growth 3Y-0.75%
OM growth 5Y0.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.86%
GM growth 5Y0.67%
F-Score4
Asset Turnover0.09
Health
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 19.42
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 3.11
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.23
Quick Ratio 0.23
Altman-Z 0.28
F-Score4
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-565.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-290.83%
EPS Next Y173.59%
EPS Next 2Y66.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.23%
Revenue growth 3Y-0.78%
Revenue growth 5Y-5.8%
Sales Q2Q%0.69%
Revenue Next Year-12.88%
Revenue Next 2Y-5.87%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-1.93%
EBIT growth 3Y-1.52%
EBIT growth 5Y-5.65%
EBIT Next Year-3.02%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-31.25%
FCF growth 3Y-9.6%
FCF growth 5Y-15.09%
OCF growth 1Y-31.25%
OCF growth 3Y-9.6%
OCF growth 5Y-15.09%

H&R REAL ESTATE INV-REIT UTS / HR-UN.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of H&R REAL ESTATE INV-REIT UTS (HR-UN.CA) stock?

ChartMill assigns a fundamental rating of 3 / 10 to HR-UN.CA.


Can you provide the valuation status for H&R REAL ESTATE INV-REIT UTS?

ChartMill assigns a valuation rating of 4 / 10 to H&R REAL ESTATE INV-REIT UTS (HR-UN.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for H&R REAL ESTATE INV-REIT UTS?

H&R REAL ESTATE INV-REIT UTS (HR-UN.CA) has a profitability rating of 4 / 10.


What is the financial health of H&R REAL ESTATE INV-REIT UTS (HR-UN.CA) stock?

The financial health rating of H&R REAL ESTATE INV-REIT UTS (HR-UN.CA) is 2 / 10.


Is the dividend of H&R REAL ESTATE INV-REIT UTS sustainable?

The dividend rating of H&R REAL ESTATE INV-REIT UTS (HR-UN.CA) is 4 / 10 and the dividend payout ratio is -23.87%.