SLATE GROCERY REIT-CL U (SGR-U.CA) Stock Fundamental Analysis
Canada - TSX:SGR-U - CA8310622037 - REIT
10.44 USD
+0.08 (+0.77%)
We assign a fundamental rating of 5 out of 10 to SGR-U. SGR-U was compared to 37 industry peers in the Diversified REITs industry. SGR-U has an excellent profitability rating, but there are concerns on its financial health. SGR-U may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year SGR-U was profitable.
In the past year SGR-U had a positive cash flow from operations.
SGR-U had positive earnings in each of the past 5 years.
In the past 5 years SGR-U always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.73%, SGR-U is in the better half of the industry, outperforming 67.57% of the companies in the same industry.
With a decent Return On Equity value of 5.81%, SGR-U is doing good in the industry, outperforming 78.38% of the companies in the same industry.
SGR-U has a Return On Invested Capital of 4.29%. This is in the better half of the industry: SGR-U outperforms 72.97% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SGR-U is in line with the industry average of 5.52%.
The 3 year average ROIC (4.28%) for SGR-U is below the current ROIC(4.29%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 5.81% | ||
| ROIC | 4.29% |
ROA(3y)2.67%
ROA(5y)3.23%
ROE(3y)8.39%
ROE(5y)9.68%
ROIC(3y)4.28%
ROIC(5y)4.25%
1.3 Margins
With a decent Profit Margin value of 18.36%, SGR-U is doing good in the industry, outperforming 67.57% of the companies in the same industry.
SGR-U's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 61.34%, SGR-U belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
SGR-U's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 69.16%, SGR-U is doing good in the industry, outperforming 70.27% of the companies in the same industry.
In the last couple of years the Gross Margin of SGR-U has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 61.34% | ||
| PM (TTM) | 18.36% | ||
| GM | 69.16% |
OM growth 3Y-2.08%
OM growth 5Y-0.65%
PM growth 3Y-33.71%
PM growth 5Y-0.33%
GM growth 3Y-1.79%
GM growth 5Y-0.54%
2. Health
2.1 Basic Checks
SGR-U has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, SGR-U has more shares outstanding
SGR-U has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.49, we must say that SGR-U is in the distress zone and has some risk of bankruptcy.
SGR-U has a Altman-Z score of 0.49. This is comparable to the rest of the industry: SGR-U outperforms 43.24% of its industry peers.
The Debt to FCF ratio of SGR-U is 15.76, which is on the high side as it means it would take SGR-U, 15.76 years of fcf income to pay off all of its debts.
SGR-U's Debt to FCF ratio of 15.76 is in line compared to the rest of the industry. SGR-U outperforms 56.76% of its industry peers.
SGR-U has a Debt/Equity ratio of 1.75. This is a high value indicating a heavy dependency on external financing.
SGR-U has a Debt to Equity ratio of 1.75. This is in the lower half of the industry: SGR-U underperforms 75.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 15.76 | ||
| Altman-Z | 0.49 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.75 indicates that SGR-U may have some problems paying its short term obligations.
SGR-U has a better Current ratio (0.75) than 89.19% of its industry peers.
A Quick Ratio of 0.75 indicates that SGR-U may have some problems paying its short term obligations.
SGR-U has a better Quick ratio (0.75) than 89.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.29% over the past year.
Measured over the past 5 years, SGR-U shows a small growth in Earnings Per Share. The EPS has been growing by 1.12% on average per year.
The Revenue has been growing slightly by 2.41% in the past year.
Measured over the past years, SGR-U shows a quite strong growth in Revenue. The Revenue has been growing by 8.16% on average per year.
EPS 1Y (TTM)13.29%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%-10.22%
Revenue 1Y (TTM)2.41%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%1.09%
3.2 Future
The Earnings Per Share is expected to grow by 12.22% on average over the next years. This is quite good.
SGR-U is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.78% yearly.
EPS Next Y42.67%
EPS Next 2Y16.62%
EPS Next 3Y12.22%
EPS Next 5YN/A
Revenue Next Year2.42%
Revenue Next 2Y2.38%
Revenue Next 3Y3.78%
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.
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 11.73, the valuation of SGR-U can be described as reasonable.
SGR-U's Price/Earnings ratio is rather cheap when compared to the industry. SGR-U is cheaper than 89.19% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.86. SGR-U is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.27, the valuation of SGR-U can be described as very cheap.
Based on the Price/Forward Earnings ratio, SGR-U is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.29, SGR-U is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.73 | ||
| Fwd PE | 7.27 |
4.2 Price Multiples
86.49% of the companies in the same industry are more expensive than SGR-U, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.91 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SGR-U has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SGR-U's earnings are expected to grow with 12.22% in the coming years.
PEG (NY)0.27
PEG (5Y)10.46
EPS Next 2Y16.62%
EPS Next 3Y12.22%
5. Dividend
5.1 Amount
SGR-U has a Yearly Dividend Yield of 9.00%, which is a nice return.
Compared to an average industry Dividend Yield of 7.94, SGR-U pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, SGR-U pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
5.2 History
The dividend of SGR-U decreases each year by -0.01%.
SGR-U has paid a dividend for at least 10 years, which is a reliable track record.
SGR-U has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.01%
Div Incr Years1
Div Non Decr Years10
5.3 Sustainability
SGR-U pays out 130.79% of its income as dividend. This is not a sustainable payout ratio.
DP130.79%
EPS Next 2Y16.62%
EPS Next 3Y12.22%
TSX:SGR-U (10/2/2025, 7:00:00 PM)
10.44
+0.08 (+0.77%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners12.67%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap616.06M
Analysts71.11
Price Target8.07 (-22.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.21
Dividend Growth(5Y)-0.01%
DP130.79%
Div Incr Years1
Div Non Decr Years10
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)1.02%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.51%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.73 | ||
| Fwd PE | 7.27 | ||
| P/S | 2.1 | ||
| P/FCF | 5.91 | ||
| P/OCF | 5.91 | ||
| P/B | 0.66 | ||
| P/tB | 0.66 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.89
EY8.52%
EPS(NY)1.44
Fwd EY13.76%
FCF(TTM)1.77
FCFY16.91%
OCF(TTM)1.77
OCFY16.91%
SpS4.98
BVpS15.74
TBVpS15.74
PEG (NY)0.27
PEG (5Y)10.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 5.81% | ||
| ROCE | 5.96% | ||
| ROIC | 4.29% | ||
| ROICexc | 4.34% | ||
| ROICexgc | 4.34% | ||
| OM | 61.34% | ||
| PM (TTM) | 18.36% | ||
| GM | 69.16% | ||
| FCFM | 35.44% |
ROA(3y)2.67%
ROA(5y)3.23%
ROE(3y)8.39%
ROE(5y)9.68%
ROIC(3y)4.28%
ROIC(5y)4.25%
ROICexc(3y)4.33%
ROICexc(5y)4.28%
ROICexgc(3y)4.33%
ROICexgc(5y)4.28%
ROCE(3y)5.95%
ROCE(5y)5.9%
ROICexcg growth 3Y3.98%
ROICexcg growth 5Y-3.9%
ROICexc growth 3Y3.98%
ROICexc growth 5Y-3.9%
OM growth 3Y-2.08%
OM growth 5Y-0.65%
PM growth 3Y-33.71%
PM growth 5Y-0.33%
GM growth 3Y-1.79%
GM growth 5Y-0.54%
F-Score7
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 15.76 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.27 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 193.02% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 0.49 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)246.45%
Profit Quality(5y)178.48%
High Growth Momentum
Growth
EPS 1Y (TTM)13.29%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%-10.22%
EPS Next Y42.67%
EPS Next 2Y16.62%
EPS Next 3Y12.22%
EPS Next 5YN/A
Revenue 1Y (TTM)2.41%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%1.09%
Revenue Next Year2.42%
Revenue Next 2Y2.38%
Revenue Next 3Y3.78%
Revenue Next 5YN/A
EBIT growth 1Y3.33%
EBIT growth 3Y12.39%
EBIT growth 5Y7.45%
EBIT Next Year-14.92%
EBIT Next 3Y-3.54%
EBIT Next 5YN/A
FCF growth 1Y9.9%
FCF growth 3Y11.79%
FCF growth 5Y9.8%
OCF growth 1Y9.9%
OCF growth 3Y11.79%
OCF growth 5Y9.8%