CANADIAN NET REAL ESTATE INV (NET-UN.CA) Stock Fundamental Analysis
Canada - TSX Venture Exchange - TSX-V:NET-UN - CA13639A1093 - REIT
5.55 CAD
-0.04 (-0.72%)
Taking everything into account, NET-UN scores 4 out of 10 in our fundamental rating. NET-UN was compared to 38 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year NET-UN was profitable.
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
Looking at the Return On Assets, with a value of 4.25%, NET-UN belongs to the top of the industry, outperforming 97.37% of the companies in the same industry.
The Return On Equity of NET-UN (9.91%) is better than 94.74% of its industry peers.
NET-UN has a Return On Invested Capital of 4.38%. This is in the better half of the industry: NET-UN outperforms 68.42% 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 5.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.25% | ||
| ROE | 9.91% | ||
| ROIC | 4.38% |
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 49.13% is amongst the best of the industry. NET-UN outperforms 94.74% of its industry peers.
NET-UN's Profit Margin has declined in the last couple of years.
NET-UN has a Operating Margin of 65.09%. This is amongst the best in the industry. NET-UN outperforms 89.47% of its industry peers.
NET-UN's Operating Margin has been stable in the last couple of years.
The Gross Margin of NET-UN (72.19%) is better than 76.32% of its industry peers.
NET-UN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 65.09% | ||
| PM (TTM) | 49.13% | ||
| GM | 72.19% |
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
Compared to 1 year ago, NET-UN has about the same amount of shares outstanding.
NET-UN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NET-UN has an improved debt to assets ratio.
2.2 Solvency
NET-UN has an Altman-Z score of 0.67. This is a bad value and indicates that NET-UN is not financially healthy and even has some risk of bankruptcy.
NET-UN has a better Altman-Z score (0.67) than 71.05% of its industry peers.
NET-UN has a debt to FCF ratio of 14.44. This is a negative value and a sign of low solvency as NET-UN would need 14.44 years to pay back of all of its debts.
NET-UN has a better Debt to FCF ratio (14.44) than 65.79% of its industry peers.
A Debt/Equity ratio of 1.16 is on the high side and indicates that NET-UN has dependencies on debt financing.
NET-UN's Debt to Equity ratio of 1.16 is in line compared to the rest of the industry. NET-UN outperforms 55.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 14.44 | ||
| Altman-Z | 0.67 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.05 indicates that NET-UN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.05, NET-UN is doing worse than 86.84% of the companies in the same industry.
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 86.84% 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 38.31% over the past year.
NET-UN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.36% yearly.
NET-UN shows a small growth in Revenue. In the last year, the Revenue has grown by 3.20%.
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)38.31%
EPS 3Y-35.03%
EPS 5Y-1.36%
EPS Q2Q%-77.97%
Revenue 1Y (TTM)3.2%
Revenue growth 3Y11.3%
Revenue growth 5Y22.71%
Sales Q2Q%11.49%
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 8.41, the valuation of NET-UN can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of NET-UN indicates a rather cheap valuation: NET-UN is cheaper than 97.37% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.41. NET-UN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.41 | ||
| 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 63.16% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.38 | ||
| 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
With a Yearly Dividend Yield of 6.35%, NET-UN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.95, NET-UN has a dividend in line with its industry peers.
NET-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.35% |
5.2 History
The dividend of NET-UN is nicely growing with an annual growth rate of 8.97%!
NET-UN has paid a dividend for at least 10 years, which is 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
52.85% of the earnings are spent on dividend by NET-UN. This is a bit on the high side, but may be sustainable.
NET-UN's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP52.85%
EPS Next 2YN/A
EPS Next 3YN/A
TSX-V:NET-UN (12/4/2025, 7:00:00 PM)
5.55
-0.04 (-0.72%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners5.36%
Inst Owner ChangeN/A
Ins Owners16.52%
Ins Owner ChangeN/A
Market Cap114.33M
Revenue(TTM)27.44M
Net Income(TTM)13.48M
Analysts83.64
Price Target6.89 (24.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.35% |
Yearly Dividend0.35
Dividend Growth(5Y)8.97%
DP52.85%
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)0%
PT rev (3m)3.85%
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 | 8.41 | ||
| Fwd PE | N/A | ||
| P/S | 4.17 | ||
| P/FCF | 9.38 | ||
| P/OCF | 9.38 | ||
| P/B | 0.84 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.66
EY11.89%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.59
FCFY10.66%
OCF(TTM)0.59
OCFY10.66%
SpS1.33
BVpS6.6
TBVpS6.6
PEG (NY)N/A
PEG (5Y)N/A
Graham Number9.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.25% | ||
| ROE | 9.91% | ||
| ROCE | 6.37% | ||
| ROIC | 4.38% | ||
| ROICexc | 4.4% | ||
| ROICexgc | 4.4% | ||
| OM | 65.09% | ||
| PM (TTM) | 49.13% | ||
| GM | 72.19% | ||
| 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%
ROICexgc growth 3Y7.85%
ROICexgc 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-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 14.44 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.62 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 90.42% | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | 0.67 |
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)38.31%
EPS 3Y-35.03%
EPS 5Y-1.36%
EPS Q2Q%-77.97%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.2%
Revenue growth 3Y11.3%
Revenue growth 5Y22.71%
Sales Q2Q%11.49%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y4.77%
EBIT growth 3Y9.46%
EBIT growth 5Y24.55%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y9.32%
FCF growth 3Y4.78%
FCF growth 5Y24.09%
OCF growth 1Y9.32%
OCF growth 3Y4.78%
OCF growth 5Y24.09%
CANADIAN NET REAL ESTATE INV / NET-UN.CA FAQ
What is the fundamental rating for NET-UN stock?
ChartMill assigns a fundamental rating of 4 / 10 to NET-UN.CA.
What is the valuation status for NET-UN stock?
ChartMill assigns a valuation rating of 4 / 10 to CANADIAN NET REAL ESTATE INV (NET-UN.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for CANADIAN NET REAL ESTATE INV?
CANADIAN NET REAL ESTATE INV (NET-UN.CA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of CANADIAN NET REAL ESTATE INV (NET-UN.CA) stock?
The Price/Earnings (PE) ratio for CANADIAN NET REAL ESTATE INV (NET-UN.CA) is 8.41 and the Price/Book (PB) ratio is 0.84.