NORTHVIEW RESIDENTIAL REIT (NRR-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NRR-UN - CA66719E1025 - REIT
17.28 CAD
+0.17 (+0.99%)
We assign a fundamental rating of 3 out of 10 to NRR-UN. NRR-UN was compared to 15 industry peers in the Residential REITs industry. Both the profitability and financial health of NRR-UN have multiple concerns. NRR-UN has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- NRR-UN had positive earnings in the past year.
- 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
- With a Return On Assets value of 1.71%, NRR-UN perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
- With a Return On Equity value of 5.56%, NRR-UN perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
- The Return On Invested Capital of NRR-UN (2.04%) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.71% | ||
| ROE | 5.56% | ||
| ROIC | 2.04% |
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 (16.22%) which is comparable to the rest of the industry.
- NRR-UN has a worse Operating Margin (23.93%) than 66.67% of its industry peers.
- NRR-UN's Operating Margin has improved in the last couple of years.
- With a decent Gross Margin value of 71.68%, NRR-UN is doing good in the industry, outperforming 80.00% of the companies in the same industry.
- NRR-UN's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.93% | ||
| PM (TTM) | 16.22% | ||
| GM | 71.68% |
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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NRR-UN is destroying value.
- NRR-UN has about the same amout of shares outstanding than it did 1 year ago.
- NRR-UN has a better debt/assets ratio than last year.
2.2 Solvency
- NRR-UN has an Altman-Z score of 0.27. This is a bad value and indicates that NRR-UN is not financially healthy and even has some risk of bankruptcy.
- NRR-UN's Altman-Z score of 0.27 is on the low side compared to the rest of the industry. NRR-UN is outperformed by 86.67% of its industry peers.
- NRR-UN has a debt to FCF ratio of 16.92. This is a negative value and a sign of low solvency as NRR-UN would need 16.92 years to pay back of all of its debts.
- NRR-UN has a Debt to FCF ratio of 16.92. This is comparable to the rest of the industry: NRR-UN outperforms 46.67% of its industry peers.
- NRR-UN has a Debt/Equity ratio of 1.70. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.70, NRR-UN is not doing good in the industry: 93.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.7 | ||
| Debt/FCF | 16.92 | ||
| Altman-Z | 0.27 |
ROIC/WACC0.53
WACC3.84%
2.3 Liquidity
- A Current Ratio of 0.34 indicates that NRR-UN may have some problems paying its short term obligations.
- NRR-UN has a Current ratio of 0.34. This is in the better half of the industry: NRR-UN outperforms 73.33% of its industry peers.
- A Quick Ratio of 0.34 indicates that NRR-UN may have some problems paying its short term obligations.
- NRR-UN's Quick ratio of 0.34 is fine compared to the rest of the industry. NRR-UN outperforms 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.34 |
3. Growth
3.1 Past
- NRR-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 136.74%, which is quite impressive.
- Looking at the last year, NRR-UN shows a small growth in Revenue. The Revenue has grown by 1.19% in the last year.
- Measured over the past years, NRR-UN shows a quite strong growth in Revenue. The Revenue has been growing by 12.84% on average per year.
EPS 1Y (TTM)136.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%365.69%
Revenue 1Y (TTM)1.19%
Revenue growth 3Y12.84%
Revenue growth 5YN/A
Sales Q2Q%1.13%
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
- NRR-UN is valuated reasonably with a Price/Earnings ratio of 10.94.
- Based on the Price/Earnings ratio, NRR-UN is valued a bit cheaper than 66.67% of the companies in the same industry.
- NRR-UN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.21.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.94 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- NRR-UN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NRR-UN is cheaper than 80.00% of the companies in the same industry.
- NRR-UN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NRR-UN is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.69 | ||
| EV/EBITDA | 23.61 |
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.
- NRR-UN's Dividend Yield is rather good when compared to the industry average which is at 4.85. NRR-UN pays more dividend than 100.00% of the companies in the same industry.
- NRR-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| 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.
- NRR-UN has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 87.52% of the earnings are spent on dividend by NRR-UN. This is not a sustainable payout ratio.
DP87.52%
EPS Next 2YN/A
EPS Next 3YN/A
NORTHVIEW RESIDENTIAL REIT / NRR-UN.CA FAQ
Can you provide the ChartMill fundamental rating for NORTHVIEW RESIDENTIAL REIT?
ChartMill assigns a fundamental rating of 3 / 10 to NRR-UN.CA.
What is the valuation status of NORTHVIEW RESIDENTIAL REIT (NRR-UN.CA) stock?
ChartMill assigns a valuation rating of 4 / 10 to NORTHVIEW RESIDENTIAL REIT (NRR-UN.CA). This can be considered as Fairly Valued.
What is the profitability of NRR-UN stock?
NORTHVIEW RESIDENTIAL REIT (NRR-UN.CA) has a profitability rating of 3 / 10.
Is the dividend of NORTHVIEW RESIDENTIAL REIT sustainable?
The dividend rating of NORTHVIEW RESIDENTIAL REIT (NRR-UN.CA) is 5 / 10 and the dividend payout ratio is 87.52%.