NORTHVIEW RESIDENTIAL REIT (NRR-UN.CA) Stock Fundamental Analysis
TSX:NRR-UN - Toronto Stock Exchange - CA66719E1025 - REIT - Currency: CAD
Taking everything into account, NRR-UN scores 3 out of 10 in our fundamental rating. NRR-UN was compared to 17 industry peers in the Residential REITs industry. There are concerns on the financial health of NRR-UN while its profitability can be described as average. NRR-UN is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year NRR-UN was profitable.
NRR-UN had a positive operating cash flow in the past year.
Of the past 5 years NRR-UN 4 years were profitable.
NRR-UN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of NRR-UN (0.50%) is comparable to the rest of the industry.
With a Return On Equity value of 1.67%, NRR-UN perfoms like the industry average, outperforming 58.82% of the companies in the same industry.
NRR-UN has a worse Return On Invested Capital (1.76%) than 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.5% | ||
| ROE | 1.67% | ||
| ROIC | 1.76% |
ROA(3y)3.34%
ROA(5y)2.73%
ROE(3y)11.26%
ROE(5y)9.37%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NRR-UN has a Profit Margin of 4.83%. This is comparable to the rest of the industry: NRR-UN outperforms 52.94% of its industry peers.
NRR-UN has a worse Operating Margin (21.16%) than 70.59% of its industry peers.
In the last couple of years the Operating Margin of NRR-UN has grown nicely.
NRR-UN has a Gross Margin of 69.34%. This is amongst the best in the industry. NRR-UN outperforms 82.35% of its industry peers.
In the last couple of years the Gross Margin of NRR-UN has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.16% | ||
| PM (TTM) | 4.83% | ||
| GM | 69.34% |
OM growth 3Y89.02%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.04%
GM growth 5YN/A
2. Health
2.1 Basic Checks
NRR-UN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for NRR-UN remains at a similar level compared to 1 year ago.
NRR-UN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.23, we must say that NRR-UN is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.23, NRR-UN is not doing good in the industry: 88.24% of the companies in the same industry are doing better.
NRR-UN has a debt to FCF ratio of 19.78. This is a negative value and a sign of low solvency as NRR-UN would need 19.78 years to pay back of all of its debts.
The Debt to FCF ratio of NRR-UN (19.78) is worse than 70.59% of its industry peers.
NRR-UN has a Debt/Equity ratio of 1.81. This is a high value indicating a heavy dependency on external financing.
NRR-UN has a Debt to Equity ratio of 1.81. This is amonst the worse of the industry: NRR-UN underperforms 94.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.81 | ||
| Debt/FCF | 19.78 | ||
| Altman-Z | 0.23 |
ROIC/WACC0.46
WACC3.8%
2.3 Liquidity
A Current Ratio of 0.10 indicates that NRR-UN may have some problems paying its short term obligations.
NRR-UN has a Current ratio of 0.10. This is in the lower half of the industry: NRR-UN underperforms 70.59% of its industry peers.
NRR-UN has a Quick Ratio of 0.10. This is a bad value and indicates that NRR-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.10, NRR-UN is not doing good in the industry: 70.59% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.1 | ||
| Quick Ratio | 0.1 |
3. Growth
3.1 Past
NRR-UN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -92.19%.
Looking at the last year, NRR-UN shows a quite strong growth in Revenue. The Revenue has grown by 12.54% in the last year.
The Revenue has been growing by 12.84% on average over the past years. This is quite good.
EPS 1Y (TTM)-92.19%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%10%
Revenue 1Y (TTM)12.54%
Revenue growth 3Y12.84%
Revenue growth 5YN/A
Sales Q2Q%0.69%
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 33.70, the valuation of NRR-UN can be described as expensive.
NRR-UN's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of NRR-UN to the average of the S&P500 Index (26.82), we can say NRR-UN is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.7 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NRR-UN is valued a bit cheaper than 64.71% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NRR-UN is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.71 | ||
| EV/EBITDA | 27.59 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
NRR-UN has a Yearly Dividend Yield of 11.33%, which is a nice return.
Compared to an average industry Dividend Yield of 4.60, NRR-UN pays a better dividend. On top of this NRR-UN pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, NRR-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.33% |
5.2 History
NRR-UN has been paying a dividend for over 5 years, so it has already some track record.
The dividend of NRR-UN decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
295.52% of the earnings are spent on dividend by NRR-UN. This is not a sustainable payout ratio.
DP295.52%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:NRR-UN (8/1/2025, 7:00:00 PM)
15.84
+0.11 (+0.7%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners5.31%
Inst Owner ChangeN/A
Ins Owners6.27%
Ins Owner ChangeN/A
Market Cap59.24M
Analysts48.57
Price Target17.09 (7.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.33% |
Yearly Dividend1.38
Dividend Growth(5Y)N/A
DP295.52%
Div Incr Years1
Div Non Decr Years1
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)2.29%
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 | 33.7 | ||
| Fwd PE | N/A | ||
| P/S | 0.21 | ||
| P/FCF | 0.71 | ||
| P/OCF | 0.71 | ||
| P/B | 0.07 | ||
| P/tB | 0.07 | ||
| EV/EBITDA | 27.59 |
EPS(TTM)0.47
EY2.97%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)22.24
FCFY140.42%
OCF(TTM)22.44
OCFY141.64%
SpS74.13
BVpS213.81
TBVpS213.81
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.5% | ||
| ROE | 1.67% | ||
| ROCE | 2.44% | ||
| ROIC | 1.76% | ||
| ROICexc | 1.77% | ||
| ROICexgc | 1.77% | ||
| OM | 21.16% | ||
| PM (TTM) | 4.83% | ||
| GM | 69.34% | ||
| FCFM | 30% |
ROA(3y)3.34%
ROA(5y)2.73%
ROE(3y)11.26%
ROE(5y)9.37%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y62.01%
ROICexcg growth 5YN/A
ROICexc growth 3Y62.1%
ROICexc growth 5YN/A
OM growth 3Y89.02%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.04%
GM growth 5YN/A
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.81 | ||
| Debt/FCF | 19.78 | ||
| Debt/EBITDA | 23.55 | ||
| Cap/Depr | 27.71% | ||
| Cap/Sales | 0.26% | ||
| Interest Coverage | 0.76 | ||
| Cash Conversion | 136.93% | ||
| Profit Quality | 621.62% | ||
| Current Ratio | 0.1 | ||
| Quick Ratio | 0.1 | ||
| Altman-Z | 0.23 |
F-Score6
WACC3.8%
ROIC/WACC0.46
Cap/Depr(3y)11.98%
Cap/Depr(5y)9.3%
Cap/Sales(3y)0.16%
Cap/Sales(5y)0.14%
Profit Quality(3y)205.61%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-92.19%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%10%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)12.54%
Revenue growth 3Y12.84%
Revenue growth 5YN/A
Sales Q2Q%0.69%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y2138.1%
EBIT growth 3Y113.29%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y126.67%
FCF growth 3Y7.36%
FCF growth 5YN/A
OCF growth 1Y125.87%
OCF growth 3Y7.46%
OCF growth 5YN/A