INTERRENT REAL ESTATE INVEST (IIP-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:IIP-UN - CA46071W2058 - REIT
13.23 CAD
-0.02 (-0.15%)
Taking everything into account, IIP-UN scores 3 out of 10 in our fundamental rating. IIP-UN was compared to 16 industry peers in the Residential REITs industry. While IIP-UN is still in line with the averages on profitability rating, there are concerns on its financial health. IIP-UN has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
IIP-UN had positive earnings in the past year.
In the past year IIP-UN had a positive cash flow from operations.
Of the past 5 years IIP-UN 4 years were profitable.
In the past 5 years IIP-UN always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -2.53%, IIP-UN is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
IIP-UN has a worse Return On Equity (-4.63%) than 75.00% of its industry peers.
The Return On Invested Capital of IIP-UN (2.51%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for IIP-UN is in line with the industry average of 3.14%.
The last Return On Invested Capital (2.51%) for IIP-UN is above the 3 year average (2.32%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.53% | ||
| ROE | -4.63% | ||
| ROIC | 2.51% |
ROA(3y)0.26%
ROA(5y)2.89%
ROE(3y)0.42%
ROE(5y)4.76%
ROIC(3y)2.32%
ROIC(5y)2.18%
1.3 Margins
Looking at the Operating Margin, with a value of 53.61%, IIP-UN is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
IIP-UN's Operating Margin has been stable in the last couple of years.
The Gross Margin of IIP-UN (76.82%) is better than 93.75% of its industry peers.
IIP-UN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.61% | ||
| PM (TTM) | N/A | ||
| GM | 76.82% |
OM growth 3Y1.84%
OM growth 5Y0.57%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.93%
GM growth 5Y-0.18%
2. Health
2.1 Basic Checks
IIP-UN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
IIP-UN has more shares outstanding than it did 1 year ago.
The number of shares outstanding for IIP-UN has been increased compared to 5 years ago.
Compared to 1 year ago, IIP-UN has a worse debt to assets ratio.
2.2 Solvency
IIP-UN has an Altman-Z score of 1.05. This is a bad value and indicates that IIP-UN is not financially healthy and even has some risk of bankruptcy.
IIP-UN has a Altman-Z score of 1.05. This is in the better half of the industry: IIP-UN outperforms 75.00% of its industry peers.
The Debt to FCF ratio of IIP-UN is 18.48, which is on the high side as it means it would take IIP-UN, 18.48 years of fcf income to pay off all of its debts.
IIP-UN has a Debt to FCF ratio of 18.48. This is in the lower half of the industry: IIP-UN underperforms 68.75% of its industry peers.
A Debt/Equity ratio of 0.65 indicates that IIP-UN is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.65, IIP-UN perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 18.48 | ||
| Altman-Z | 1.05 |
ROIC/WACC0.57
WACC4.37%
2.3 Liquidity
IIP-UN has a Current Ratio of 0.05. This is a bad value and indicates that IIP-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
IIP-UN has a Current ratio of 0.05. This is amonst the worse of the industry: IIP-UN underperforms 93.75% of its industry peers.
A Quick Ratio of 0.05 indicates that IIP-UN may have some problems paying its short term obligations.
IIP-UN's Quick ratio of 0.05 is on the low side compared to the rest of the industry. IIP-UN is outperformed by 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
The earnings per share for IIP-UN have decreased by -4.93% in the last year.
Looking at the last year, IIP-UN shows a small growth in Revenue. The Revenue has grown by 1.55% in the last year.
Measured over the past years, IIP-UN shows a quite strong growth in Revenue. The Revenue has been growing by 11.13% on average per year.
EPS 1Y (TTM)-4.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0.86%
Revenue 1Y (TTM)1.55%
Revenue growth 3Y9.97%
Revenue growth 5Y11.13%
Sales Q2Q%2.51%
3.2 Future
IIP-UN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.57% yearly.
IIP-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.89% yearly.
EPS Next Y-10.08%
EPS Next 2Y3.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.99%
Revenue Next 2Y2.17%
Revenue Next 3Y1.89%
Revenue Next 5YN/A
3.3 Evolution
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 22.42, IIP-UN is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of IIP-UN is on the same level as its industry peers.
When comparing the Price/Earnings ratio of IIP-UN to the average of the S&P500 Index (26.31), we can say IIP-UN is valued inline with the index average.
With a Price/Forward Earnings ratio of 19.26, IIP-UN is valued on the expensive side.
IIP-UN's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. IIP-UN is more expensive than 75.00% of the companies in the same industry.
IIP-UN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.42 | ||
| Fwd PE | 19.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IIP-UN is valued a bit cheaper than 68.75% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IIP-UN indicates a rather expensive valuation: IIP-UN more expensive than 81.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.69 | ||
| EV/EBITDA | 25.9 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.57%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.66%, IIP-UN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.38, IIP-UN is paying slightly less dividend.
IIP-UN's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
5.2 History
On average, the dividend of IIP-UN grows each year by 6.26%, which is quite nice.
IIP-UN has paid a dividend for at least 10 years, which is a reliable track record.
IIP-UN has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.26%
Div Incr Years13
Div Non Decr Years15
5.3 Sustainability
The earnings of IIP-UN are negative and hence is the payout ratio. IIP-UN will probably not be able to sustain this dividend level.
IIP-UN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP-48.46%
EPS Next 2Y3.57%
EPS Next 3YN/A
TSX:IIP-UN (11/28/2025, 7:00:00 PM)
13.23
-0.02 (-0.15%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners48.29%
Inst Owner ChangeN/A
Ins Owners6.23%
Ins Owner ChangeN/A
Market Cap1.85B
Revenue(TTM)249.35M
Net Income(TTM)-105.24M
Analysts53.85
Price Target13.71 (3.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
Yearly Dividend0.25
Dividend Growth(5Y)6.26%
DP-48.46%
Div Incr Years13
Div Non Decr Years15
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%
PT rev (3m)0%
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%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.42 | ||
| Fwd PE | 19.26 | ||
| P/S | 7.41 | ||
| P/FCF | 19.69 | ||
| P/OCF | 19.69 | ||
| P/B | 0.81 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 25.9 |
EPS(TTM)0.59
EY4.46%
EPS(NY)0.69
Fwd EY5.19%
FCF(TTM)0.67
FCFY5.08%
OCF(TTM)0.67
OCFY5.08%
SpS1.78
BVpS16.26
TBVpS16.26
PEG (NY)N/A
PEG (5Y)N/A
Graham Number14.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.53% | ||
| ROE | -4.63% | ||
| ROCE | 3.58% | ||
| ROIC | 2.51% | ||
| ROICexc | 2.51% | ||
| ROICexgc | 2.51% | ||
| OM | 53.61% | ||
| PM (TTM) | N/A | ||
| GM | 76.82% | ||
| FCFM | 37.65% |
ROA(3y)0.26%
ROA(5y)2.89%
ROE(3y)0.42%
ROE(5y)4.76%
ROIC(3y)2.32%
ROIC(5y)2.18%
ROICexc(3y)2.33%
ROICexc(5y)2.19%
ROICexgc(3y)2.33%
ROICexgc(5y)2.19%
ROCE(3y)3.25%
ROCE(5y)3.04%
ROICexgc growth 3Y11.39%
ROICexgc growth 5Y3.04%
ROICexc growth 3Y11.39%
ROICexc growth 5Y3.04%
OM growth 3Y1.84%
OM growth 5Y0.57%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.93%
GM growth 5Y-0.18%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 18.48 | ||
| Debt/EBITDA | 10.96 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.74% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | 1.05 |
F-Score4
WACC4.37%
ROIC/WACC0.57
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)-4.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0.86%
EPS Next Y-10.08%
EPS Next 2Y3.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.55%
Revenue growth 3Y9.97%
Revenue growth 5Y11.13%
Sales Q2Q%2.51%
Revenue Next Year1.99%
Revenue Next 2Y2.17%
Revenue Next 3Y1.89%
Revenue Next 5YN/A
EBIT growth 1Y-8.5%
EBIT growth 3Y12%
EBIT growth 5Y11.76%
EBIT Next Year5.62%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y12.31%
FCF growth 3Y-11.09%
FCF growth 5Y-1.45%
OCF growth 1Y12.31%
OCF growth 3Y-11.09%
OCF growth 5Y-1.45%
INTERRENT REAL ESTATE INVEST / IIP-UN.CA FAQ
What is the ChartMill fundamental rating of INTERRENT REAL ESTATE INVEST (IIP-UN.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to IIP-UN.CA.
What is the valuation status for IIP-UN stock?
ChartMill assigns a valuation rating of 2 / 10 to INTERRENT REAL ESTATE INVEST (IIP-UN.CA). This can be considered as Overvalued.
How profitable is INTERRENT REAL ESTATE INVEST (IIP-UN.CA) stock?
INTERRENT REAL ESTATE INVEST (IIP-UN.CA) has a profitability rating of 5 / 10.
Can you provide the financial health for IIP-UN stock?
The financial health rating of INTERRENT REAL ESTATE INVEST (IIP-UN.CA) is 1 / 10.
Can you provide the dividend sustainability for IIP-UN stock?
The dividend rating of INTERRENT REAL ESTATE INVEST (IIP-UN.CA) is 4 / 10 and the dividend payout ratio is -48.46%.