NEXUS INDUSTRIAL REIT (NXR-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NXR-UN - CA65344U1012 - REIT
7.88 CAD
-0.05 (-0.63%)
NXR-UN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 38 industry peers in the Diversified REITs industry. NXR-UN has an excellent profitability rating, but 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
NXR-UN had positive earnings in the past year.
In the past year NXR-UN had a positive cash flow from operations.
NXR-UN had positive earnings in each of the past 5 years.
In the past 5 years NXR-UN always reported a positive cash flow from operatings.
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 has a Return On Equity of 7.42%. This is amongst the best in 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.
Looking at the Operating Margin, with a value of 83.96%, NXR-UN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
NXR-UN's Operating Margin has improved in the last couple of years.
The Gross Margin of NXR-UN (73.59%) is better than 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NXR-UN is destroying value.
The number of shares outstanding for NXR-UN has been increased compared to 1 year ago.
NXR-UN has more shares outstanding than it did 5 years ago.
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.
The Altman-Z score of NXR-UN (0.56) is comparable to the rest of the 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.
NXR-UN's Debt to FCF ratio of 367.85 is on the low side compared to the rest of the industry. NXR-UN is outperformed by 86.84% of its industry peers.
A Debt/Equity ratio of 1.11 is on the high side and indicates that NXR-UN has dependencies on debt financing.
NXR-UN's Debt to Equity ratio of 1.11 is in line compared to the rest of the industry. NXR-UN outperforms 57.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 367.85 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.8
WACC5.84%
2.3 Liquidity
NXR-UN has a Current Ratio of 0.25. This is a bad value and indicates that NXR-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
NXR-UN has a Current ratio of 0.25. This is comparable to the rest of the industry: NXR-UN outperforms 57.89% of its industry peers.
NXR-UN has a Quick Ratio of 0.25. This is a bad value and indicates that NXR-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
NXR-UN's Quick ratio of 0.25 is fine compared to the rest of the industry. NXR-UN outperforms 60.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 |
3. Growth
3.1 Past
NXR-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 75.97%, which is quite impressive.
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.
The Revenue has been growing by 23.97% on average over the past years. This is a very strong growth!
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 3.87% yearly.
The Revenue is expected to grow by 4.26% on average over the next years.
EPS Next Y-24.14%
EPS Next 2Y3.39%
EPS Next 3Y3.87%
EPS Next 5YN/A
Revenue Next Year-0.13%
Revenue Next 2Y4.32%
Revenue Next 3Y4.26%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 9.49, which indicates a very decent valuation of NXR-UN.
94.74% of the companies in the same industry are more expensive than NXR-UN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.57. NXR-UN is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 12.58, which indicates a correct valuation of NXR-UN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NXR-UN indicates a somewhat cheap valuation: NXR-UN is cheaper than 73.68% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.04. NXR-UN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.49 | ||
| Fwd PE | 12.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NXR-UN indicates a rather cheap valuation: NXR-UN is cheaper than 84.21% of the companies listed in the same industry.
NXR-UN's Price/Free Cash Flow ratio is rather expensive when compared to the industry. NXR-UN is more expensive than 81.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 139.38 | ||
| EV/EBITDA | 13.83 |
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 2Y3.39%
EPS Next 3Y3.87%
5. Dividend
5.1 Amount
NXR-UN has a Yearly Dividend Yield of 6.69%, which is a nice return.
NXR-UN's Dividend Yield is comparable with the industry average which is at 7.11.
NXR-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.88.
| 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 paid a dividend for at least 10 years, which is 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
58.13% of the earnings are spent on dividend by NXR-UN. This is a bit on the high side, but may be sustainable.
The dividend of NXR-UN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP58.13%
EPS Next 2Y3.39%
EPS Next 3Y3.87%
TSX:NXR-UN (12/24/2025, 7:00:00 PM)
7.88
-0.05 (-0.63%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners12.06%
Inst Owner ChangeN/A
Ins Owners1.13%
Ins Owner ChangeN/A
Market Cap561.84M
Revenue(TTM)174.74M
Net Income(TTM)78.65M
Analysts70
Price Target8.48 (7.61%)
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)-0.38%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-21.43%
EPS NY rev (3m)-21.43%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.76%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.49 | ||
| Fwd PE | 12.58 | ||
| P/S | 3.22 | ||
| P/FCF | 139.38 | ||
| P/OCF | 23.77 | ||
| P/B | 0.53 | ||
| P/tB | 0.53 | ||
| EV/EBITDA | 13.83 |
EPS(TTM)0.83
EY10.53%
EPS(NY)0.63
Fwd EY7.95%
FCF(TTM)0.06
FCFY0.72%
OCF(TTM)0.33
OCFY4.21%
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
WACC5.84%
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-24.14%
EPS Next 2Y3.39%
EPS Next 3Y3.87%
EPS Next 5YN/A
Revenue 1Y (TTM)0.98%
Revenue growth 3Y28.09%
Revenue growth 5Y23.97%
Sales Q2Q%-4.91%
Revenue Next Year-0.13%
Revenue Next 2Y4.32%
Revenue Next 3Y4.26%
Revenue Next 5YN/A
EBIT growth 1Y93.16%
EBIT growth 3YN/A
EBIT growth 5Y30.63%
EBIT Next Year-4.94%
EBIT Next 3Y2.13%
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 9.49 and the Price/Book (PB) ratio is 0.53.
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 -24.14% in the next year.