INTERRENT REAL ESTATE INVEST (IIP-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:IIP-UN - CA46071W2058 - REIT
13.19 CAD
0 (0%)
IIP-UN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 15 industry peers in the Residential REITs industry. IIP-UN has a medium profitability rating, but doesn't score so well on its financial health evaluation. IIP-UN has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year IIP-UN was profitable.
In the past year IIP-UN had a positive cash flow from operations.
Of the past 5 years IIP-UN 4 years were profitable.
Each year in the past 5 years IIP-UN had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -2.53%, IIP-UN is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
With a Return On Equity value of -4.63%, IIP-UN is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
IIP-UN has a Return On Invested Capital (2.51%) which is comparable to the rest of the industry.
IIP-UN had an Average Return On Invested Capital over the past 3 years of 2.32%. This is in line with the industry average of 2.87%.
The 3 year average ROIC (2.32%) for IIP-UN is below the current ROIC(2.51%), indicating increased profibility in the last year.
| 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 66.67% 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 93.33% of its industry peers.
In the last couple of years the Gross Margin of IIP-UN has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), IIP-UN is destroying value.
Compared to 1 year ago, IIP-UN has more shares outstanding
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
Based on the Altman-Z score of 1.05, we must say that IIP-UN is in the distress zone and 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 80.00% 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.
The Debt to FCF ratio of IIP-UN (18.48) is worse than 60.00% of its industry peers.
A Debt/Equity ratio of 0.65 indicates that IIP-UN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.65, IIP-UN is in the better half of the industry, outperforming 66.67% 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.
The Current ratio of IIP-UN (0.05) is worse than 93.33% 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 has a Quick ratio of 0.05. This is amonst the worse of the industry: IIP-UN underperforms 93.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
IIP-UN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.93%.
The Revenue has been growing slightly by 1.55% in the past year.
IIP-UN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.13% yearly.
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.
Based on estimates for the next years, IIP-UN will show a small growth in Revenue. The Revenue will grow by 1.89% on average per year.
EPS Next Y-10.08%
EPS Next 2Y3.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.83%
Revenue Next 2Y1.83%
Revenue Next 3Y1.89%
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
The Price/Earnings ratio is 22.36, which indicates a rather expensive current valuation of IIP-UN.
IIP-UN's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.51. IIP-UN is around the same levels.
A Price/Forward Earnings ratio of 19.21 indicates a rather expensive valuation of IIP-UN.
IIP-UN's Price/Forward Earnings is on the same level as the industry average.
IIP-UN's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.36 | ||
| Fwd PE | 19.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IIP-UN is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, IIP-UN is valued a bit more expensive than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.63 | ||
| EV/EBITDA | 25.86 |
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
IIP-UN has a Yearly Dividend Yield of 2.66%.
Compared to an average industry Dividend Yield of 4.88, IIP-UN's dividend is way lower than its industry peers. On top of this 86.67% of the companies listed in the same industry pay a better dividend than IIP-UN!
Compared to an average S&P500 Dividend Yield of 2.00, IIP-UN pays a bit more dividend than the S&P500 average.
| 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
IIP-UN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
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 (12/31/2025, 7:00:00 PM)
13.19
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners43.93%
Inst Owner ChangeN/A
Ins Owners6.25%
Ins Owner ChangeN/A
Market Cap1.84B
Revenue(TTM)249.35M
Net Income(TTM)-105.24M
Analysts53.85
Price Target13.71 (3.94%)
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-DateN/A
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)-0.15%
Revenue NY rev (3m)-0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.36 | ||
| Fwd PE | 19.21 | ||
| P/S | 7.39 | ||
| P/FCF | 19.63 | ||
| P/OCF | 19.63 | ||
| P/B | 0.81 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 25.86 |
EPS(TTM)0.59
EY4.47%
EPS(NY)0.69
Fwd EY5.21%
FCF(TTM)0.67
FCFY5.1%
OCF(TTM)0.67
OCFY5.1%
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 Year1.83%
Revenue Next 2Y1.83%
Revenue Next 3Y1.89%
Revenue Next 5YN/A
EBIT growth 1Y-8.5%
EBIT growth 3Y12%
EBIT growth 5Y11.76%
EBIT Next Year1.22%
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.
Can you provide the valuation status for INTERRENT REAL ESTATE INVEST?
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.
What are the PE and PB ratios of INTERRENT REAL ESTATE INVEST (IIP-UN.CA) stock?
The Price/Earnings (PE) ratio for INTERRENT REAL ESTATE INVEST (IIP-UN.CA) is 22.36 and the Price/Book (PB) ratio is 0.81.
What is the expected EPS growth for INTERRENT REAL ESTATE INVEST (IIP-UN.CA) stock?
The Earnings per Share (EPS) of INTERRENT REAL ESTATE INVEST (IIP-UN.CA) is expected to decline by -10.08% in the next year.