NEXUS INDUSTRIAL REIT (NXR-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NXR-UN - CA65344U1012 - REIT
7.69 CAD
-0.01 (-0.13%)
We assign a fundamental rating of 5 out of 10 to NXR-UN. NXR-UN was compared to 38 industry peers in the Diversified REITs industry. While NXR-UN belongs to the best of the industry regarding profitability, there are concerns on its financial health. NXR-UN has a decent growth rate and is not valued too expensively. NXR-UN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NXR-UN was profitable.
In the past year NXR-UN had a positive cash flow from operations.
In the past 5 years NXR-UN has always been profitable.
NXR-UN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NXR-UN's Return On Assets of 3.02% is amongst the best of the industry. NXR-UN outperforms 81.58% of its industry peers.
NXR-UN's Return On Equity of 7.42% is amongst the best of the industry. NXR-UN outperforms 89.47% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.66%, NXR-UN is in the better half of the industry, outperforming 78.95% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NXR-UN is in line with the industry average of 5.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.02% | ||
| ROE | 7.42% | ||
| ROIC | 4.66% |
ROA(3y)5.38%
ROA(5y)5.34%
ROE(3y)12.8%
ROE(5y)12.74%
ROIC(3y)4.81%
ROIC(5y)N/A
1.3 Margins
NXR-UN has a better Profit Margin (45.01%) than 89.47% of its industry peers.
NXR-UN's Profit Margin has declined in the last couple of years.
NXR-UN's Operating Margin of 83.96% is amongst the best of the industry. NXR-UN outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of NXR-UN has grown nicely.
NXR-UN has a Gross Margin of 73.59%. This is in the better half of the industry: NXR-UN outperforms 78.95% of its industry peers.
In the last couple of years the Gross Margin of NXR-UN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 83.96% | ||
| PM (TTM) | 45.01% | ||
| GM | 73.59% |
OM growth 3YN/A
OM growth 5Y5.37%
PM growth 3Y-22.67%
PM growth 5Y-6.05%
GM growth 3Y2.26%
GM growth 5Y2.55%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NXR-UN is destroying value.
The number of shares outstanding for NXR-UN has been increased compared to 1 year ago.
Compared to 5 years ago, NXR-UN has more shares outstanding
NXR-UN has a better debt/assets ratio than last year.
2.2 Solvency
NXR-UN has an Altman-Z score of 0.56. This is a bad value and indicates that NXR-UN is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.56, NXR-UN perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
NXR-UN has a debt to FCF ratio of 367.85. This is a negative value and a sign of low solvency as NXR-UN would need 367.85 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 367.85, NXR-UN is doing worse than 86.84% of the companies in the same industry.
NXR-UN has a Debt/Equity ratio of 1.11. This is a high value indicating a heavy dependency on external financing.
NXR-UN has a Debt to Equity ratio (1.11) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 367.85 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.8
WACC5.83%
2.3 Liquidity
A Current Ratio of 0.25 indicates that NXR-UN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.25, NXR-UN is in line with its industry, outperforming 57.89% of the companies in the same industry.
A Quick Ratio of 0.25 indicates that NXR-UN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.25, NXR-UN is in the better half of the industry, outperforming 60.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 75.97% over the past year.
NXR-UN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.52% yearly.
Looking at the last year, NXR-UN shows a small growth in Revenue. The Revenue has grown by 0.98% in the last year.
Measured over the past years, NXR-UN shows a very strong growth in Revenue. The Revenue has been growing by 23.97% on average per year.
EPS 1Y (TTM)75.97%
EPS 3Y-18.7%
EPS 5Y-7.52%
EPS Q2Q%107.27%
Revenue 1Y (TTM)0.98%
Revenue growth 3Y28.09%
Revenue growth 5Y23.97%
Sales Q2Q%-4.91%
3.2 Future
NXR-UN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.40% yearly.
NXR-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.64% yearly.
EPS Next Y-3.45%
EPS Next 2Y4.22%
EPS Next 3Y4.4%
EPS Next 5YN/A
Revenue Next Year0.63%
Revenue Next 2Y3.83%
Revenue Next 3Y3.64%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
NXR-UN is valuated reasonably with a Price/Earnings ratio of 9.27.
Based on the Price/Earnings ratio, NXR-UN is valued cheaper than 94.74% of the companies in the same industry.
When comparing the Price/Earnings ratio of NXR-UN to the average of the S&P500 Index (26.31), we can say NXR-UN is valued rather cheaply.
A Price/Forward Earnings ratio of 12.09 indicates a correct valuation of NXR-UN.
Based on the Price/Forward Earnings ratio, NXR-UN is valued a bit cheaper than the industry average as 71.05% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.56, NXR-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.27 | ||
| Fwd PE | 12.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NXR-UN is valued cheaper than 84.21% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NXR-UN indicates a slightly more expensive valuation: NXR-UN is more expensive than 73.68% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 136.02 | ||
| EV/EBITDA | 13.74 |
4.3 Compensation for Growth
The excellent profitability rating of NXR-UN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.22%
EPS Next 3Y4.4%
5. Dividend
5.1 Amount
NXR-UN has a Yearly Dividend Yield of 6.69%, which is a nice return.
Compared to an average industry Dividend Yield of 7.95, NXR-UN has a dividend in line with its industry peers.
NXR-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 | 6.69% |
5.2 History
The dividend of NXR-UN has a limited annual growth rate of 0.74%.
NXR-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
NXR-UN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.74%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
NXR-UN pays out 58.13% of its income as dividend. This is a bit on the high side, but may be sustainable.
NXR-UN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP58.13%
EPS Next 2Y4.22%
EPS Next 3Y4.4%
TSX:NXR-UN (11/28/2025, 7:00:00 PM)
7.69
-0.01 (-0.13%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners12.18%
Inst Owner ChangeN/A
Ins Owners1.12%
Ins Owner ChangeN/A
Market Cap548.30M
Revenue(TTM)174.74M
Net Income(TTM)78.65M
Analysts70
Price Target8.48 (10.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
Yearly Dividend0.44
Dividend Growth(5Y)0.74%
DP58.13%
Div Incr Years1
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)0.76%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.27 | ||
| Fwd PE | 12.09 | ||
| P/S | 3.14 | ||
| P/FCF | 136.02 | ||
| P/OCF | 23.2 | ||
| P/B | 0.52 | ||
| P/tB | 0.52 | ||
| EV/EBITDA | 13.74 |
EPS(TTM)0.83
EY10.79%
EPS(NY)0.64
Fwd EY8.27%
FCF(TTM)0.06
FCFY0.74%
OCF(TTM)0.33
OCFY4.31%
SpS2.45
BVpS14.88
TBVpS14.88
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.02% | ||
| ROE | 7.42% | ||
| ROCE | 6.48% | ||
| ROIC | 4.66% | ||
| ROICexc | 4.69% | ||
| ROICexgc | 4.69% | ||
| OM | 83.96% | ||
| PM (TTM) | 45.01% | ||
| GM | 73.59% | ||
| FCFM | 2.31% |
ROA(3y)5.38%
ROA(5y)5.34%
ROE(3y)12.8%
ROE(5y)12.74%
ROIC(3y)4.81%
ROIC(5y)N/A
ROICexc(3y)4.83%
ROICexc(5y)N/A
ROICexgc(3y)4.83%
ROICexgc(5y)N/A
ROCE(3y)6.67%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-1.22%
ROICexc growth 3YN/A
ROICexc growth 5Y-1.22%
OM growth 3YN/A
OM growth 5Y5.37%
PM growth 3Y-22.67%
PM growth 5Y-6.05%
GM growth 3Y2.26%
GM growth 5Y2.55%
F-Score5
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 367.85 | ||
| Debt/EBITDA | 8.01 | ||
| Cap/Depr | 16204.1% | ||
| Cap/Sales | 11.22% | ||
| Interest Coverage | 2.05 | ||
| Cash Conversion | 16.1% | ||
| Profit Quality | 5.13% | ||
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 | ||
| Altman-Z | 0.56 |
F-Score5
WACC5.83%
ROIC/WACC0.8
Cap/Depr(3y)15016.5%
Cap/Depr(5y)11461%
Cap/Sales(3y)9.43%
Cap/Sales(5y)8.79%
Profit Quality(3y)24.1%
Profit Quality(5y)29.28%
High Growth Momentum
Growth
EPS 1Y (TTM)75.97%
EPS 3Y-18.7%
EPS 5Y-7.52%
EPS Q2Q%107.27%
EPS Next Y-3.45%
EPS Next 2Y4.22%
EPS Next 3Y4.4%
EPS Next 5YN/A
Revenue 1Y (TTM)0.98%
Revenue growth 3Y28.09%
Revenue growth 5Y23.97%
Sales Q2Q%-4.91%
Revenue Next Year0.63%
Revenue Next 2Y3.83%
Revenue Next 3Y3.64%
Revenue Next 5YN/A
EBIT growth 1Y93.16%
EBIT growth 3YN/A
EBIT growth 5Y30.63%
EBIT Next Year-4.04%
EBIT Next 3Y2.48%
EBIT Next 5YN/A
FCF growth 1Y-84.26%
FCF growth 3Y7.95%
FCF growth 5Y5.04%
OCF growth 1Y-50.17%
OCF growth 3Y15.94%
OCF growth 5Y10.78%
NEXUS INDUSTRIAL REIT / NXR-UN.CA FAQ
Can you provide the ChartMill fundamental rating for NEXUS INDUSTRIAL REIT?
ChartMill assigns a fundamental rating of 5 / 10 to NXR-UN.CA.
What is the valuation status for NXR-UN stock?
ChartMill assigns a valuation rating of 5 / 10 to NEXUS INDUSTRIAL REIT (NXR-UN.CA). This can be considered as Fairly Valued.
What is the profitability of NXR-UN stock?
NEXUS INDUSTRIAL REIT (NXR-UN.CA) has a profitability rating of 8 / 10.
What is the valuation of NEXUS INDUSTRIAL REIT based on its PE and PB ratios?
The Price/Earnings (PE) ratio for NEXUS INDUSTRIAL REIT (NXR-UN.CA) is 9.27 and the Price/Book (PB) ratio is 0.52.
What is the expected EPS growth for NEXUS INDUSTRIAL REIT (NXR-UN.CA) stock?
The Earnings per Share (EPS) of NEXUS INDUSTRIAL REIT (NXR-UN.CA) is expected to decline by -3.45% in the next year.