NEXUS INDUSTRIAL REIT (NXR-UN.CA) Stock Fundamental Analysis
TSX:NXR-UN - CA65344U1012 - REIT
7.7 CAD
-0.15 (-1.91%)
Taking everything into account, NXR-UN scores 5 out of 10 in our fundamental rating. NXR-UN was compared to 37 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. Finally NXR-UN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
NXR-UN had positive earnings in the past year.
NXR-UN had a positive operating cash flow in the past year.
NXR-UN had positive earnings in each of the past 5 years.
Each year in the past 5 years NXR-UN had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NXR-UN (3.14%) is better than 91.89% of its industry peers.
NXR-UN has a Return On Equity of 7.44%. This is amongst the best in the industry. NXR-UN outperforms 89.19% of its industry peers.
NXR-UN has a Return On Invested Capital of 4.42%. This is amongst the best in the industry. NXR-UN outperforms 86.49% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NXR-UN is in line with the industry average of 5.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 7.44% | ||
| ROIC | 4.42% |
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
Looking at the Profit Margin, with a value of 45.20%, NXR-UN belongs to the top of the industry, outperforming 94.59% of the companies in the same industry.
NXR-UN's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 77.98%, NXR-UN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of NXR-UN has grown nicely.
Looking at the Gross Margin, with a value of 71.80%, NXR-UN is in the better half of the industry, outperforming 75.68% of the companies in the same industry.
In the last couple of years the Gross Margin of NXR-UN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 77.98% | ||
| PM (TTM) | 45.2% | ||
| GM | 71.8% |
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
NXR-UN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, NXR-UN has more shares outstanding
Compared to 5 years ago, NXR-UN has more shares outstanding
The debt/assets ratio for NXR-UN has been reduced compared to a year ago.
2.2 Solvency
NXR-UN has an Altman-Z score of 0.59. This is a bad value and indicates that NXR-UN is not financially healthy and even has some risk of bankruptcy.
NXR-UN's Altman-Z score of 0.59 is in line compared to the rest of the industry. NXR-UN outperforms 59.46% of its industry peers.
The Debt to FCF ratio of NXR-UN is 782.60, which is on the high side as it means it would take NXR-UN, 782.60 years of fcf income to pay off all of its debts.
NXR-UN has a Debt to FCF ratio of 782.60. This is amonst the worse of the industry: NXR-UN underperforms 86.49% of its industry peers.
A Debt/Equity ratio of 1.06 is on the high side and indicates that NXR-UN has dependencies on debt financing.
NXR-UN has a Debt to Equity ratio (1.06) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 782.6 | ||
| Altman-Z | 0.59 |
ROIC/WACC0.72
WACC6.16%
2.3 Liquidity
A Current Ratio of 0.27 indicates that NXR-UN may have some problems paying its short term obligations.
With a Current ratio value of 0.27, NXR-UN perfoms like the industry average, outperforming 54.05% of the companies in the same industry.
NXR-UN has a Quick Ratio of 0.27. 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.
Looking at the Quick ratio, with a value of 0.27, NXR-UN is in line with its industry, outperforming 56.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.27 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
The earnings per share for NXR-UN have decreased strongly by -61.17% in the last year.
The Earnings Per Share has been decreasing by -7.52% on average over the past years.
The Revenue has grown by 10.56% in the past year. This is quite good.
NXR-UN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.97% yearly.
EPS 1Y (TTM)-61.17%
EPS 3Y-18.7%
EPS 5Y-7.52%
EPS Q2Q%-25.34%
Revenue 1Y (TTM)10.56%
Revenue growth 3Y28.09%
Revenue growth 5Y23.97%
Sales Q2Q%7.59%
3.2 Future
The Earnings Per Share is expected to grow by 4.40% on average over the next years.
The Revenue is expected to grow by 3.64% on average over the next years.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.95, the valuation of NXR-UN can be described as reasonable.
NXR-UN's Price/Earnings ratio is rather cheap when compared to the industry. NXR-UN is cheaper than 94.59% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.90. NXR-UN is valued rather cheaply when compared to this.
NXR-UN is valuated correctly with a Price/Forward Earnings ratio of 12.10.
NXR-UN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NXR-UN is cheaper than 70.27% of the companies in the same industry.
NXR-UN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.95 | ||
| Fwd PE | 12.1 |
4.2 Price Multiples
NXR-UN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NXR-UN is cheaper than 86.49% of the companies 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 86.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 303.1 | ||
| EV/EBITDA | 14.05 |
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.
NXR-UN's Dividend Yield is comparable with the industry average which is at 7.95.
Compared to an average S&P500 Dividend Yield of 2.32, NXR-UN pays a better dividend.
| 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 53.61% 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.
DP53.61%
EPS Next 2Y4.22%
EPS Next 3Y4.4%
TSX:NXR-UN (9/2/2025, 7:00:00 PM)
7.7
-0.15 (-1.91%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners13.11%
Inst Owner ChangeN/A
Ins Owners1.13%
Ins Owner ChangeN/A
Market Cap547.70M
Analysts70
Price Target8.41 (9.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
Yearly Dividend0.44
Dividend Growth(5Y)0.74%
DP53.61%
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)2.77%
PT rev (3m)1.71%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.75%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.33%
Revenue NY rev (3m)-4.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.95 | ||
| Fwd PE | 12.1 | ||
| P/S | 3.06 | ||
| P/FCF | 303.1 | ||
| P/OCF | 31.97 | ||
| P/B | 0.5 | ||
| P/tB | 0.5 | ||
| EV/EBITDA | 14.05 |
EPS(TTM)0.86
EY11.17%
EPS(NY)0.64
Fwd EY8.26%
FCF(TTM)0.03
FCFY0.33%
OCF(TTM)0.24
OCFY3.13%
SpS2.51
BVpS15.27
TBVpS15.27
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 7.44% | ||
| ROCE | 6.14% | ||
| ROIC | 4.42% | ||
| ROICexc | 4.42% | ||
| ROICexgc | 4.42% | ||
| OM | 77.98% | ||
| PM (TTM) | 45.2% | ||
| GM | 71.8% | ||
| FCFM | 1.01% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score4
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 782.6 | ||
| Debt/EBITDA | 8.26 | ||
| Cap/Depr | 12666.1% | ||
| Cap/Sales | 8.57% | ||
| Interest Coverage | 1.97 | ||
| Cash Conversion | 12.27% | ||
| Profit Quality | 2.24% | ||
| Current Ratio | 0.27 | ||
| Quick Ratio | 0.27 | ||
| Altman-Z | 0.59 |
F-Score4
WACC6.16%
ROIC/WACC0.72
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)-61.17%
EPS 3Y-18.7%
EPS 5Y-7.52%
EPS Q2Q%-25.34%
EPS Next Y-3.45%
EPS Next 2Y4.22%
EPS Next 3Y4.4%
EPS Next 5YN/A
Revenue 1Y (TTM)10.56%
Revenue growth 3Y28.09%
Revenue growth 5Y23.97%
Sales Q2Q%7.59%
Revenue Next Year0.63%
Revenue Next 2Y3.83%
Revenue Next 3Y3.64%
Revenue Next 5YN/A
EBIT growth 1Y-7.6%
EBIT growth 3YN/A
EBIT growth 5Y30.63%
EBIT Next Year-2.7%
EBIT Next 3Y2.57%
EBIT Next 5YN/A
FCF growth 1Y-94.21%
FCF growth 3Y7.95%
FCF growth 5Y5.04%
OCF growth 1Y-61.33%
OCF growth 3Y15.94%
OCF growth 5Y10.78%