SLATE GROCERY REIT-CL U (SGR-U.CA) Stock Fundamental Analysis
TSX:SGR-U - Toronto Stock Exchange - CA8310622037 - REIT - Currency: USD
Overall SGR-U gets a fundamental rating of 5 out of 10. We evaluated SGR-U against 37 industry peers in the Diversified REITs industry. SGR-U scores excellent on profitability, but there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on SGR-U.
1. Profitability
1.1 Basic Checks
SGR-U had positive earnings in the past year.
SGR-U had a positive operating cash flow in the past year.
In the past 5 years SGR-U has always been profitable.
Each year in the past 5 years SGR-U had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.79%, SGR-U is in the better half of the industry, outperforming 67.57% of the companies in the same industry.
SGR-U has a Return On Equity of 5.95%. This is amongst the best in the industry. SGR-U outperforms 86.49% of its industry peers.
With a Return On Invested Capital value of 4.35%, SGR-U perfoms like the industry average, outperforming 54.05% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SGR-U is in line with the industry average of 5.79%.
The 3 year average ROIC (4.28%) for SGR-U is below the current ROIC(4.35%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.79% | ||
| ROE | 5.95% | ||
| ROIC | 4.35% |
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
SGR-U has a better Profit Margin (19.00%) than 64.86% of its industry peers.
SGR-U's Profit Margin has been stable in the last couple of years.
SGR-U has a better Operating Margin (61.36%) than 78.38% of its industry peers.
SGR-U's Operating Margin has been stable in the last couple of years.
SGR-U has a better Gross Margin (69.04%) than 70.27% of its industry peers.
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 | 61.36% | ||
| PM (TTM) | 19% | ||
| GM | 69.04% |
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
Compared to 1 year ago, SGR-U has about the same amount of shares outstanding.
The number of shares outstanding for SGR-U has been increased compared to 5 years ago.
SGR-U has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that SGR-U is in the distress zone and has some risk of bankruptcy.
SGR-U's Altman-Z score of 0.48 is in line compared to the rest of the industry. SGR-U outperforms 48.65% of its industry peers.
The Debt to FCF ratio of SGR-U is 15.90, which is on the high side as it means it would take SGR-U, 15.90 years of fcf income to pay off all of its debts.
SGR-U has a Debt to FCF ratio (15.90) which is in line with its industry peers.
SGR-U has a Debt/Equity ratio of 1.68. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.68, SGR-U is not doing good in the industry: 78.38% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.68 | ||
| Debt/FCF | 15.9 | ||
| Altman-Z | 0.48 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
SGR-U has a Current Ratio of 0.55. This is a bad value and indicates that SGR-U is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of SGR-U (0.55) is better than 86.49% of its industry peers.
A Quick Ratio of 0.55 indicates that SGR-U may have some problems paying its short term obligations.
SGR-U has a Quick ratio of 0.55. This is amongst the best in the industry. SGR-U outperforms 91.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
SGR-U shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.37%.
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.
Looking at the last year, SGR-U shows a small growth in Revenue. The Revenue has grown by 2.88% in the last year.
The Revenue has been growing by 8.16% on average over the past years. This is quite good.
EPS 1Y (TTM)5.37%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%13.17%
Revenue 1Y (TTM)2.88%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%2.22%
3.2 Future
SGR-U is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.20% yearly.
Based on estimates for the next years, SGR-U will show a small growth in Revenue. The Revenue will grow by 2.32% on average per year.
EPS Next Y44%
EPS Next 2Y22.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.91%
Revenue Next 2Y2.32%
Revenue Next 3YN/A
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
The Price/Earnings ratio is 11.32, which indicates a very decent valuation of SGR-U.
Based on the Price/Earnings ratio, SGR-U is valued cheaper than 89.19% of the companies in the same industry.
SGR-U's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.48.
With a Price/Forward Earnings ratio of 6.63, the valuation of SGR-U can be described as very cheap.
SGR-U's Price/Forward Earnings ratio is rather cheap when compared to the industry. SGR-U is cheaper than 100.00% of the companies in the same industry.
SGR-U's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.32 | ||
| Fwd PE | 6.63 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SGR-U is valued cheaply inside the industry as 86.49% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.02 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SGR-U's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of SGR-U may justify a higher PE ratio.
A more expensive valuation may be justified as SGR-U's earnings are expected to grow with 22.20% in the coming years.
PEG (NY)0.26
PEG (5Y)10.09
EPS Next 2Y22.2%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.00%, SGR-U is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.90, SGR-U pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, 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 been paying a dividend for at least 10 years, so it has a reliable track record.
SGR-U has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.01%
Div Incr Years1
Div Non Decr Years10
5.3 Sustainability
SGR-U pays out 127.32% of its income as dividend. This is not a sustainable payout ratio.
DP127.32%
EPS Next 2Y22.2%
EPS Next 3YN/A
TSX:SGR-U (8/7/2025, 7:00:00 PM)
10.3
-0.06 (-0.58%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners12.97%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap607.80M
Analysts71.11
Price Target8.13 (-21.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.19
Dividend Growth(5Y)-0.01%
DP127.32%
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)1.84%
PT rev (3m)1.84%
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)0.03%
Revenue NY rev (3m)0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.32 | ||
| Fwd PE | 6.63 | ||
| P/S | 2.1 | ||
| P/FCF | 6.02 | ||
| P/OCF | 6.02 | ||
| P/B | 0.66 | ||
| P/tB | 0.66 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.91
EY8.83%
EPS(NY)1.55
Fwd EY15.09%
FCF(TTM)1.71
FCFY16.62%
OCF(TTM)1.71
OCFY16.62%
SpS4.9
BVpS15.62
TBVpS15.62
PEG (NY)0.26
PEG (5Y)10.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.79% | ||
| ROE | 5.95% | ||
| ROCE | 6.04% | ||
| ROIC | 4.35% | ||
| ROICexc | 4.4% | ||
| ROICexgc | 4.4% | ||
| OM | 61.36% | ||
| PM (TTM) | 19% | ||
| GM | 69.04% | ||
| FCFM | 34.97% |
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 | 1.68 | ||
| Debt/FCF | 15.9 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.33 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 184.07% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 0.48 |
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)5.37%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%13.17%
EPS Next Y44%
EPS Next 2Y22.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.88%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%2.22%
Revenue Next Year2.91%
Revenue Next 2Y2.32%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y4.16%
EBIT growth 3Y12.39%
EBIT growth 5Y7.45%
EBIT Next Year-13.04%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y27%
FCF growth 3Y11.79%
FCF growth 5Y9.8%
OCF growth 1Y27%
OCF growth 3Y11.79%
OCF growth 5Y9.8%