H&R REAL ESTATE INV-REIT UTS (HR-UN.CA) Stock Fundamental Analysis
TSX:HR-UN - Toronto Stock Exchange - CA4039254079 - REIT - Currency: CAD
We assign a fundamental rating of 3 out of 10 to HR-UN. HR-UN was compared to 37 industry peers in the Diversified REITs industry. HR-UN has a bad profitability rating. Also its financial health evaluation is rather negative. HR-UN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year HR-UN has reported negative net income.
In the past year HR-UN had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: HR-UN reported negative net income in multiple years.
Each year in the past 5 years HR-UN had a positive operating cash flow.
1.2 Ratios
HR-UN's Return On Assets of -1.95% is on the low side compared to the rest of the industry. HR-UN is outperformed by 62.16% of its industry peers.
The Return On Equity of HR-UN (-3.92%) is worse than 62.16% of its industry peers.
The Return On Invested Capital of HR-UN (3.73%) is worse than 64.86% of its industry peers.
HR-UN had an Average Return On Invested Capital over the past 3 years of 3.58%. This is in line with the industry average of 5.23%.
The 3 year average ROIC (3.58%) for HR-UN is below the current ROIC(3.73%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.95% | ||
| ROE | -3.92% | ||
| ROIC | 3.73% |
ROA(3y)2.28%
ROA(5y)1.57%
ROE(3y)4.77%
ROE(5y)3.31%
ROIC(3y)3.58%
ROIC(5y)3.86%
1.3 Margins
Looking at the Operating Margin, with a value of 59.93%, HR-UN is in the better half of the industry, outperforming 72.97% of the companies in the same industry.
In the last couple of years the Operating Margin of HR-UN has remained more or less at the same level.
The Gross Margin of HR-UN (62.56%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of HR-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 59.93% | ||
| PM (TTM) | N/A | ||
| GM | 62.56% |
OM growth 3Y0.65%
OM growth 5Y0.55%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.82%
GM growth 5Y0.57%
2. Health
2.1 Basic Checks
The number of shares outstanding for HR-UN has been increased compared to 1 year ago.
HR-UN has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, HR-UN has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.32, we must say that HR-UN is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.32, HR-UN is not doing good in the industry: 62.16% of the companies in the same industry are doing better.
The Debt to FCF ratio of HR-UN is 15.86, which is on the high side as it means it would take HR-UN, 15.86 years of fcf income to pay off all of its debts.
HR-UN has a Debt to FCF ratio of 15.86. This is in the better half of the industry: HR-UN outperforms 62.16% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that HR-UN is somewhat dependend on debt financing.
HR-UN has a better Debt to Equity ratio (0.56) than 86.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 15.86 | ||
| Altman-Z | 0.32 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
HR-UN has a Current Ratio of 0.09. 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.
Looking at the Current ratio, with a value of 0.09, HR-UN is doing worse than 78.38% of the companies in the same industry.
HR-UN has a Quick Ratio of 0.09. 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 0.09. This is in the lower half of the industry: HR-UN underperforms 78.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 |
3. Growth
3.1 Past
HR-UN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -43055.56%.
HR-UN shows a decrease in Revenue. In the last year, the revenue decreased by -3.01%.
The Revenue has been decreasing by -6.60% on average over the past years.
EPS 1Y (TTM)-43055.56%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-263.26%
Revenue 1Y (TTM)-3.01%
Revenue growth 3Y-8.47%
Revenue growth 5Y-6.6%
Sales Q2Q%-1.85%
3.2 Future
HR-UN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 115.18% yearly.
Based on estimates for the next years, HR-UN will show a small growth in Revenue. The Revenue will grow by 3.04% on average per year.
EPS Next Y354.35%
EPS Next 2Y115.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.99%
Revenue Next 2Y3.04%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HR-UN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
HR-UN is valuated reasonably with a Price/Forward Earnings ratio of 8.69.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HR-UN indicates a rather cheap valuation: HR-UN is cheaper than 94.59% of the companies listed in the same industry.
HR-UN is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 8.69 |
4.2 Price Multiples
HR-UN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.16 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
HR-UN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as HR-UN's earnings are expected to grow with 115.18% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y115.18%
EPS Next 3YN/A
5. Dividend
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 7.95.
Compared to an average S&P500 Dividend Yield of 2.40, HR-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.61% |
5.2 History
The dividend of HR-UN decreases each year by -12.29%.
HR-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
HR-UN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-12.29%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
HR-UN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-92.71%
EPS Next 2Y115.18%
EPS Next 3YN/A
TSX:HR-UN (6/18/2025, 7:00:00 PM)
10.83
+0.01 (+0.09%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners23.67%
Inst Owner ChangeN/A
Ins Owners1.54%
Ins Owner ChangeN/A
Market Cap2.84B
Analysts78.67
Price Target11.58 (6.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.61% |
Yearly Dividend0.72
Dividend Growth(5Y)-12.29%
DP-92.71%
Div Incr Years2
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)0.63%
PT rev (3m)-0.16%
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)0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 8.69 | ||
| P/S | 3.5 | ||
| P/FCF | 12.16 | ||
| P/OCF | 12.16 | ||
| P/B | 0.55 | ||
| P/tB | 0.55 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.78
EYN/A
EPS(NY)1.25
Fwd EY11.51%
FCF(TTM)0.89
FCFY8.22%
OCF(TTM)0.89
OCFY8.22%
SpS3.1
BVpS19.78
TBVpS19.78
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.95% | ||
| ROE | -3.92% | ||
| ROCE | 5.18% | ||
| ROIC | 3.73% | ||
| ROICexc | 3.76% | ||
| ROICexgc | 3.76% | ||
| OM | 59.93% | ||
| PM (TTM) | N/A | ||
| GM | 62.56% | ||
| FCFM | 28.75% |
ROA(3y)2.28%
ROA(5y)1.57%
ROE(3y)4.77%
ROE(5y)3.31%
ROIC(3y)3.58%
ROIC(5y)3.86%
ROICexc(3y)3.61%
ROICexc(5y)3.89%
ROICexgc(3y)3.62%
ROICexgc(5y)3.9%
ROCE(3y)4.97%
ROCE(5y)5.36%
ROICexcg growth 3Y-7.4%
ROICexcg growth 5Y1.29%
ROICexc growth 3Y-7.45%
ROICexc growth 5Y1.26%
OM growth 3Y0.65%
OM growth 5Y0.55%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.82%
GM growth 5Y0.57%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 15.86 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 3.25 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 | ||
| Altman-Z | 0.32 |
F-Score5
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)-43055.56%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-263.26%
EPS Next Y354.35%
EPS Next 2Y115.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.01%
Revenue growth 3Y-8.47%
Revenue growth 5Y-6.6%
Sales Q2Q%-1.85%
Revenue Next Year2.99%
Revenue Next 2Y3.04%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-6.41%
EBIT growth 3Y-7.87%
EBIT growth 5Y-6.09%
EBIT Next Year18.86%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-6.38%
FCF growth 3Y-15.37%
FCF growth 5Y-8.1%
OCF growth 1Y-6.38%
OCF growth 3Y-15.37%
OCF growth 5Y-8.1%