CANADIAN NET REAL ESTATE INV (NET-UN.CA) Stock Fundamental Analysis
Canada - TSX-V:NET-UN - CA13639A1093 - REIT
5.43 CAD
-0.02 (-0.37%)
We assign a fundamental rating of 4 out of 10 to NET-UN. NET-UN was compared to 38 industry peers in the Diversified REITs industry. NET-UN scores excellent on profitability, but there are concerns on its financial health. NET-UN has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally NET-UN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NET-UN was profitable.
NET-UN had a positive operating cash flow in the past year.
NET-UN had positive earnings in 4 of the past 5 years.
In the past 5 years NET-UN always reported a positive cash flow from operatings.
1.2 Ratios
NET-UN has a Return On Assets of 7.45%. This is amongst the best in the industry. NET-UN outperforms 100.00% of its industry peers.
NET-UN has a better Return On Equity (17.48%) than 100.00% of its industry peers.
The Return On Invested Capital of NET-UN (4.24%) is better than 73.68% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NET-UN is in line with the industry average of 5.46%.
| 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
The Profit Margin of NET-UN (88.27%) is better than 100.00% of its industry peers.
NET-UN's Profit Margin has declined in the last couple of years.
NET-UN has a Operating Margin of 64.06%. This is amongst the best in the industry. NET-UN outperforms 92.11% of its industry peers.
NET-UN's Operating Margin has been stable in the last couple of years.
NET-UN's Gross Margin of 72.25% is fine compared to the rest of the industry. NET-UN outperforms 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 | 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
NET-UN has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, NET-UN has more shares outstanding
NET-UN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.63, we must say that NET-UN is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.63, NET-UN is in the better half of the industry, outperforming 63.16% of the companies in the same industry.
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.
With a decent Debt to FCF ratio value of 14.91, NET-UN is doing good in the industry, outperforming 65.79% of the companies in the same industry.
A Debt/Equity ratio of 1.15 is on the high side and indicates that NET-UN has dependencies on debt financing.
NET-UN has a Debt to Equity ratio (1.15) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 14.91 | ||
| Altman-Z | 0.63 |
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.
The Current ratio of NET-UN (0.05) is worse than 86.84% of its industry peers.
A Quick Ratio of 0.05 indicates that NET-UN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.05, NET-UN is doing worse than 86.84% of the companies in the same industry.
| 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.
Measured over the past years, NET-UN shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.36% on average per year.
Looking at the last year, NET-UN shows a decrease in Revenue. The Revenue has decreased by -0.21% in the last year.
The Revenue has been growing by 22.71% on average over the past years. This is a very strong growth!
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
Based on the Price/Earnings ratio of 4.72, the valuation of NET-UN can be described as very cheap.
NET-UN's Price/Earnings ratio is rather cheap when compared to the industry. NET-UN is cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.91, NET-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.72 | ||
| Fwd PE | N/A |
4.2 Price Multiples
NET-UN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NET-UN is cheaper than 63.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.42 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NET-UN has a very decent profitability rating, which 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.
Compared to an average S&P500 Dividend Yield of 2.36, 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 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
30.10% of the earnings are spent on dividend by NET-UN. This is a low number and sustainable payout ratio.
DP30.1%
EPS Next 2YN/A
EPS Next 3YN/A
TSX-V:NET-UN (11/13/2025, 7:00:00 PM)
5.43
-0.02 (-0.37%)
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 Cap111.86M
Revenue(TTM)26.73M
Net Income(TTM)23.59M
Analysts83.64
Price Target6.89 (26.89%)
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)0%
PT rev (3m)6.86%
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 | 4.72 | ||
| Fwd PE | N/A | ||
| P/S | 4.19 | ||
| P/FCF | 9.42 | ||
| P/OCF | 9.42 | ||
| P/B | 0.83 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.15
EY21.18%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.58
FCFY10.61%
OCF(TTM)0.58
OCFY10.61%
SpS1.3
BVpS6.55
TBVpS6.55
PEG (NY)N/A
PEG (5Y)N/A
Graham Number13.02
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%
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-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 | 0.63 |
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%
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 4.72 and the Price/Book (PB) ratio is 0.83.