CANADIAN NET REAL ESTATE INV (NET-UN.CA) Stock Fundamental Analysis
TSX-V:NET-UN - CA13639A1093 - REIT
5.61 CAD
+0.01 (+0.18%)
Overall NET-UN gets a fundamental rating of 4 out of 10. We evaluated NET-UN against 37 industry peers in the Diversified REITs industry. While NET-UN belongs to the best of the industry regarding profitability, there are concerns on its financial health. NET-UN has a valuation in line with the averages, but it does not seem to be growing. Finally NET-UN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
NET-UN had positive earnings in the past year.
In the past year NET-UN had a positive cash flow from operations.
NET-UN had positive earnings in 4 of the past 5 years.
Each year in the past 5 years NET-UN had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NET-UN (7.45%) is better than 100.00% of its industry peers.
NET-UN has a better Return On Equity (17.48%) than 100.00% of its industry peers.
NET-UN has a better Return On Invested Capital (4.24%) than 70.27% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NET-UN is in line with the industry average of 5.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.45% | ||
| ROE | 17.48% | ||
| ROIC | 4.24% |
ROA(3y)2.04%
ROA(5y)3.95%
ROE(3y)4.7%
ROE(5y)8.82%
ROIC(3y)4.48%
ROIC(5y)4.08%
1.3 Margins
NET-UN's Profit Margin of 88.27% is amongst the best of the industry. NET-UN outperforms 100.00% of its industry peers.
NET-UN's Profit Margin has declined in the last couple of years.
NET-UN's Operating Margin of 64.06% is amongst the best of the industry. NET-UN outperforms 89.19% of its industry peers.
NET-UN's Operating Margin has been stable in the last couple of years.
NET-UN has a Gross Margin of 72.25%. This is in the better half of the industry: NET-UN outperforms 78.38% of its industry peers.
NET-UN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 64.06% | ||
| PM (TTM) | 88.27% | ||
| GM | 72.25% |
OM growth 3Y-1.65%
OM growth 5Y1.5%
PM growth 3Y-41%
PM growth 5Y-8.95%
GM growth 3Y-1.41%
GM growth 5Y-0.97%
2. Health
2.1 Basic Checks
The number of shares outstanding for NET-UN remains at a similar level compared to 1 year ago.
Compared to 5 years ago, NET-UN has more shares outstanding
Compared to 1 year ago, NET-UN has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.64, we must say that NET-UN is in the distress zone and has some risk of bankruptcy.
NET-UN has a better Altman-Z score (0.64) than 62.16% of its industry peers.
The Debt to FCF ratio of NET-UN is 14.91, which is on the high side as it means it would take NET-UN, 14.91 years of fcf income to pay off all of its debts.
NET-UN has a Debt to FCF ratio of 14.91. This is in the better half of the industry: NET-UN outperforms 64.86% of its industry peers.
NET-UN has a Debt/Equity ratio of 1.15. This is a high value indicating a heavy dependency on external financing.
NET-UN has a Debt to Equity ratio (1.15) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 14.91 | ||
| Altman-Z | 0.64 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
NET-UN has a Current Ratio of 0.05. This is a bad value and indicates that NET-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
NET-UN's Current ratio of 0.05 is on the low side compared to the rest of the industry. NET-UN is outperformed by 86.49% of its industry peers.
A Quick Ratio of 0.05 indicates that NET-UN may have some problems paying its short term obligations.
NET-UN's Quick ratio of 0.05 is on the low side compared to the rest of the industry. NET-UN is outperformed by 86.49% 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 has grown by an impressive 13922.89% over the past year.
The Earnings Per Share has been decreasing by -1.36% on average over the past years.
The Revenue has decreased by -0.21% in the past year.
NET-UN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.71% yearly.
EPS 1Y (TTM)13922.89%
EPS 3Y-35.03%
EPS 5Y-1.36%
EPS Q2Q%84.77%
Revenue 1Y (TTM)-0.21%
Revenue growth 3Y11.3%
Revenue growth 5Y22.71%
Sales Q2Q%4.43%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.88, the valuation of NET-UN can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of NET-UN indicates a rather cheap valuation: NET-UN is cheaper than 100.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.06. NET-UN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.88 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, NET-UN is valued a bit cheaper than the industry average as 62.16% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.73 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of NET-UN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
NET-UN has a Yearly Dividend Yield of 6.35%, which is a nice return.
Compared to an average industry Dividend Yield of 7.95, NET-UN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, NET-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.35% |
5.2 History
On average, the dividend of NET-UN grows each year by 8.97%, which is quite nice.
NET-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
NET-UN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)8.97%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
NET-UN pays out 30.10% of its income as dividend. This is a sustainable payout ratio.
DP30.1%
EPS Next 2YN/A
EPS Next 3YN/A
TSX-V:NET-UN (9/5/2025, 7:00:00 PM)
5.61
+0.01 (+0.18%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners6.12%
Inst Owner ChangeN/A
Ins Owners16.52%
Ins Owner ChangeN/A
Market Cap115.57M
Analysts83.64
Price Target6.63 (18.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.35% |
Yearly Dividend0.35
Dividend Growth(5Y)8.97%
DP30.1%
Div Incr Years0
Div Non Decr Years4
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)4.21%
PT rev (3m)4.21%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.88 | ||
| Fwd PE | N/A | ||
| P/S | 4.32 | ||
| P/FCF | 9.73 | ||
| P/OCF | 9.73 | ||
| P/B | 0.86 | ||
| P/tB | 0.86 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.15
EY20.5%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.58
FCFY10.27%
OCF(TTM)0.58
OCFY10.27%
SpS1.3
BVpS6.55
TBVpS6.55
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.45% | ||
| ROE | 17.48% | ||
| ROCE | 6.16% | ||
| ROIC | 4.24% | ||
| ROICexc | 4.26% | ||
| ROICexgc | 4.26% | ||
| OM | 64.06% | ||
| PM (TTM) | 88.27% | ||
| GM | 72.25% | ||
| FCFM | 44.42% |
ROA(3y)2.04%
ROA(5y)3.95%
ROE(3y)4.7%
ROE(5y)8.82%
ROIC(3y)4.48%
ROIC(5y)4.08%
ROICexc(3y)4.5%
ROICexc(5y)4.12%
ROICexgc(3y)4.5%
ROICexgc(5y)4.12%
ROCE(3y)6.57%
ROCE(5y)5.88%
ROICexcg growth 3Y7.85%
ROICexcg growth 5Y4.93%
ROICexc growth 3Y7.85%
ROICexc growth 5Y4.93%
OM growth 3Y-1.65%
OM growth 5Y1.5%
PM growth 3Y-41%
PM growth 5Y-8.95%
GM growth 3Y-1.41%
GM growth 5Y-0.97%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 14.91 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.56 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 50.33% | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | 0.64 |
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)13922.89%
EPS 3Y-35.03%
EPS 5Y-1.36%
EPS Q2Q%84.77%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.21%
Revenue growth 3Y11.3%
Revenue growth 5Y22.71%
Sales Q2Q%4.43%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-3.61%
EBIT growth 3Y9.46%
EBIT growth 5Y24.55%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y0.02%
FCF growth 3Y4.78%
FCF growth 5Y24.09%
OCF growth 1Y0.02%
OCF growth 3Y4.78%
OCF growth 5Y24.09%