SLATE GROCERY REIT-CL U (SGR-U.CA) Stock Fundamental Analysis
Canada - TSX:SGR-U - CA8310622037 - REIT
10.34 USD
+0.01 (+0.1%)
SGR-U gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 38 industry peers in the Diversified REITs industry. While SGR-U has a great profitability rating, there are quite some 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
SGR-U had positive earnings in the past year.
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.
SGR-U had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SGR-U's Return On Assets of 1.73% is fine compared to the rest of the industry. SGR-U outperforms 65.79% of its industry peers.
With a decent Return On Equity value of 5.81%, SGR-U is doing good in the industry, outperforming 78.95% of the companies in the same industry.
SGR-U's Return On Invested Capital of 4.29% is fine compared to the rest of the industry. SGR-U outperforms 73.68% of its industry peers.
SGR-U had an Average Return On Invested Capital over the past 3 years of 4.28%. This is in line with the industry average of 5.49%.
The last Return On Invested Capital (4.29%) for SGR-U is above the 3 year average (4.28%), which is a sign of increasing profitability.
| 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 65.79% 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 86.84% of the companies in the same industry.
SGR-U's Operating Margin has been stable in the last couple of years.
SGR-U has a Gross Margin of 69.16%. This is in the better half of the industry: SGR-U outperforms 71.05% 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 | 61.34% | ||
| 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.
Looking at the Altman-Z score, with a value of 0.49, SGR-U is in line with its industry, outperforming 50.00% of the companies in the same industry.
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 has a Debt to FCF ratio (15.76) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.75 is on the high side and indicates that SGR-U has dependencies on debt financing.
The Debt to Equity ratio of SGR-U (1.75) is worse than 76.32% 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
SGR-U has a Current Ratio of 0.75. 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.
Looking at the Current ratio, with a value of 0.75, SGR-U belongs to the top of the industry, outperforming 89.47% of the companies in the same industry.
SGR-U has a Quick Ratio of 0.75. 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.
With an excellent Quick ratio value of 0.75, SGR-U belongs to the best of the industry, outperforming 89.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
SGR-U shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.29%, which is quite good.
SGR-U shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.12% yearly.
The Revenue has been growing slightly by 2.41% in the past year.
The Revenue has been growing by 8.16% on average over the past years. This is quite good.
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
Based on estimates for the next years, SGR-U will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.22% on average per year.
The Revenue is expected to grow by 3.78% on average over the next years.
EPS Next Y42.67%
EPS Next 2Y16.62%
EPS Next 3Y12.22%
EPS Next 5YN/A
Revenue Next Year2.94%
Revenue Next 2Y2.72%
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
SGR-U is valuated reasonably with a Price/Earnings ratio of 11.62.
Compared to the rest of the industry, the Price/Earnings ratio of SGR-U indicates a rather cheap valuation: SGR-U is cheaper than 89.47% of the companies listed 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 27.30.
The Price/Forward Earnings ratio is 7.23, which indicates a rather cheap valuation of SGR-U.
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.
When comparing the Price/Forward Earnings ratio of SGR-U to the average of the S&P500 Index (22.73), we can say SGR-U is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.62 | ||
| Fwd PE | 7.23 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SGR-U indicates a rather cheap valuation: SGR-U is cheaper than 86.84% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.88 | ||
| 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.
SGR-U's earnings are expected to grow with 12.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)10.36
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.
SGR-U's Dividend Yield is a higher than the industry average which is at 7.95.
Compared to an average S&P500 Dividend Yield of 2.45, 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 (9/10/2025, 7:00:00 PM)
10.34
+0.01 (+0.1%)
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 Cap610.16M
Analysts71.11
Price Target8.07 (-21.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.19
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)-1.51%
PT rev (3m)1.02%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.93%
EPS NY rev (3m)-0.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.62 | ||
| Fwd PE | 7.23 | ||
| P/S | 2.08 | ||
| P/FCF | 5.88 | ||
| P/OCF | 5.88 | ||
| P/B | 0.66 | ||
| P/tB | 0.66 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.89
EY8.61%
EPS(NY)1.43
Fwd EY13.83%
FCF(TTM)1.76
FCFY17%
OCF(TTM)1.76
OCFY17%
SpS4.96
BVpS15.67
TBVpS15.67
PEG (NY)0.27
PEG (5Y)10.36
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 Year2.94%
Revenue Next 2Y2.72%
Revenue Next 3Y3.78%
Revenue Next 5YN/A
EBIT growth 1Y3.33%
EBIT growth 3Y12.39%
EBIT growth 5Y7.45%
EBIT Next Year-13.94%
EBIT Next 3YN/A
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%