SLATE GROCERY REIT-CL U (SGR-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:SGR-UN - CA8310622037 - REIT
14.79 CAD
+0.07 (+0.48%)
SGR-UN 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-UN belongs to the best of the industry regarding profitability, there are concerns on its financial health. SGR-UN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SGR-UN was profitable.
SGR-UN had a positive operating cash flow in the past year.
In the past 5 years SGR-UN has always been profitable.
SGR-UN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of SGR-UN (1.88%) is better than 60.53% of its industry peers.
The Return On Equity of SGR-UN (6.40%) is better than 76.32% of its industry peers.
With a decent Return On Invested Capital value of 4.26%, SGR-UN is doing good in the industry, outperforming 63.16% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SGR-UN is in line with the industry average of 5.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 6.4% | ||
| ROIC | 4.26% |
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-UN has a Profit Margin of 19.99%. This is in the better half of the industry: SGR-UN outperforms 60.53% of its industry peers.
In the last couple of years the Profit Margin of SGR-UN has remained more or less at the same level.
With an excellent Operating Margin value of 61.31%, SGR-UN belongs to the best of the industry, outperforming 84.21% of the companies in the same industry.
In the last couple of years the Operating Margin of SGR-UN has remained more or less at the same level.
SGR-UN's Gross Margin of 69.13% is fine compared to the rest of the industry. SGR-UN outperforms 68.42% of its industry peers.
SGR-UN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 61.31% | ||
| PM (TTM) | 19.99% | ||
| GM | 69.13% |
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-UN has about the same amout of shares outstanding than it did 1 year ago.
SGR-UN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SGR-UN has a worse debt to assets ratio.
2.2 Solvency
SGR-UN has an Altman-Z score of 0.56. This is a bad value and indicates that SGR-UN is not financially healthy and even has some risk of bankruptcy.
SGR-UN's Altman-Z score of 0.56 is fine compared to the rest of the industry. SGR-UN outperforms 60.53% of its industry peers.
The Debt to FCF ratio of SGR-UN is 17.70, which is on the high side as it means it would take SGR-UN, 17.70 years of fcf income to pay off all of its debts.
SGR-UN has a Debt to FCF ratio of 17.70. This is comparable to the rest of the industry: SGR-UN outperforms 44.74% of its industry peers.
SGR-UN has a Debt/Equity ratio of 1.80. This is a high value indicating a heavy dependency on external financing.
SGR-UN's Debt to Equity ratio of 1.80 is on the low side compared to the rest of the industry. SGR-UN is outperformed by 78.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 17.7 | ||
| Altman-Z | 0.56 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.85 indicates that SGR-UN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.85, SGR-UN belongs to the top of the industry, outperforming 86.84% of the companies in the same industry.
SGR-UN has a Quick Ratio of 0.85. This is a bad value and indicates that SGR-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 0.85, SGR-UN belongs to the best of the industry, outperforming 86.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
SGR-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.42%, which is quite impressive.
Measured over the past 5 years, SGR-UN 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 2.04% in the past year.
SGR-UN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.16% yearly.
EPS 1Y (TTM)42.42%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%78.51%
Revenue 1Y (TTM)2.04%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%1.89%
3.2 Future
SGR-UN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.79% yearly.
SGR-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.13% yearly.
EPS Next Y13.33%
EPS Next 2Y14.89%
EPS Next 3Y10.79%
EPS Next 5YN/A
Revenue Next Year-0.11%
Revenue Next 2Y2.21%
Revenue Next 3Y2.13%
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
With a Price/Earnings ratio of 15.25, SGR-UN is valued correctly.
SGR-UN's Price/Earnings ratio is a bit cheaper when compared to the industry. SGR-UN is cheaper than 68.42% of the companies in the same industry.
When comparing the Price/Earnings ratio of SGR-UN to the average of the S&P500 Index (26.34), we can say SGR-UN is valued slightly cheaper.
With a Price/Forward Earnings ratio of 10.71, the valuation of SGR-UN can be described as very reasonable.
Based on the Price/Forward Earnings ratio, SGR-UN is valued cheaply inside the industry as 86.84% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SGR-UN to the average of the S&P500 Index (23.56), we can say SGR-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.25 | ||
| Fwd PE | 10.71 |
4.2 Price Multiples
65.79% of the companies in the same industry are more expensive than SGR-UN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.38 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SGR-UN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.14
PEG (5Y)13.6
EPS Next 2Y14.89%
EPS Next 3Y10.79%
5. Dividend
5.1 Amount
SGR-UN has a Yearly Dividend Yield of 9.00%, which is a nice return.
SGR-UN's Dividend Yield is a higher than the industry average which is at 7.95.
Compared to an average S&P500 Dividend Yield of 2.31, SGR-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
5.2 History
The dividend of SGR-UN decreases each year by -0.01%.
SGR-UN has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of SGR-UN decreased in the last 3 years.
Dividend Growth(5Y)-0.01%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
SGR-UN pays out 120.67% of its income as dividend. This is not a sustainable payout ratio.
DP120.67%
EPS Next 2Y14.89%
EPS Next 3Y10.79%
TSX:SGR-UN (12/8/2025, 7:00:00 PM)
14.79
+0.07 (+0.48%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners13.37%
Inst Owner ChangeN/A
Ins Owners0.21%
Ins Owner ChangeN/A
Market Cap874.83M
Revenue(TTM)211.84M
Net Income(TTM)42.34M
Analysts70
Price Target11.35 (-23.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.2
Dividend Growth(5Y)-0.01%
DP120.67%
Div Incr Years1
Div Non Decr Years2
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)1.14%
PT rev (3m)1.14%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-20.56%
EPS NY rev (3m)-20.56%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.47%
Revenue NY rev (3m)-2.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.25 | ||
| Fwd PE | 10.71 | ||
| P/S | 2.99 | ||
| P/FCF | 9.38 | ||
| P/OCF | 9.38 | ||
| P/B | 0.96 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.97
EY6.56%
EPS(NY)1.38
Fwd EY9.33%
FCF(TTM)1.58
FCFY10.67%
OCF(TTM)1.58
OCFY10.67%
SpS4.94
BVpS15.44
TBVpS15.44
PEG (NY)1.14
PEG (5Y)13.6
Graham Number18.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 6.4% | ||
| ROCE | 5.92% | ||
| ROIC | 4.26% | ||
| ROICexc | 4.3% | ||
| ROICexgc | 4.3% | ||
| OM | 61.31% | ||
| PM (TTM) | 19.99% | ||
| GM | 69.13% | ||
| FCFM | 31.91% |
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%
ROICexgc growth 3Y3.98%
ROICexgc 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 | 1.8 | ||
| Debt/FCF | 17.7 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.21 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 159.65% | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 0.56 |
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)42.42%
EPS 3Y-27.72%
EPS 5Y1.12%
EPS Q2Q%78.51%
EPS Next Y13.33%
EPS Next 2Y14.89%
EPS Next 3Y10.79%
EPS Next 5YN/A
Revenue 1Y (TTM)2.04%
Revenue growth 3Y14.78%
Revenue growth 5Y8.16%
Sales Q2Q%1.89%
Revenue Next Year-0.11%
Revenue Next 2Y2.21%
Revenue Next 3Y2.13%
Revenue Next 5YN/A
EBIT growth 1Y2.35%
EBIT growth 3Y12.39%
EBIT growth 5Y7.45%
EBIT Next Year-13.78%
EBIT Next 3Y-3.45%
EBIT Next 5YN/A
FCF growth 1Y-4.88%
FCF growth 3Y11.79%
FCF growth 5Y9.8%
OCF growth 1Y-4.88%
OCF growth 3Y11.79%
OCF growth 5Y9.8%
SLATE GROCERY REIT-CL U / SGR-UN.CA FAQ
Can you provide the ChartMill fundamental rating for SLATE GROCERY REIT-CL U?
ChartMill assigns a fundamental rating of 5 / 10 to SGR-UN.CA.
What is the valuation status for SGR-UN stock?
ChartMill assigns a valuation rating of 6 / 10 to SLATE GROCERY REIT-CL U (SGR-UN.CA). This can be considered as Fairly Valued.
How profitable is SLATE GROCERY REIT-CL U (SGR-UN.CA) stock?
SLATE GROCERY REIT-CL U (SGR-UN.CA) has a profitability rating of 7 / 10.
What is the earnings growth outlook for SLATE GROCERY REIT-CL U?
The Earnings per Share (EPS) of SLATE GROCERY REIT-CL U (SGR-UN.CA) is expected to grow by 13.33% in the next year.
How sustainable is the dividend of SLATE GROCERY REIT-CL U (SGR-UN.CA) stock?
The dividend rating of SLATE GROCERY REIT-CL U (SGR-UN.CA) is 5 / 10 and the dividend payout ratio is 120.67%.