SLATE GROCERY REIT-CL U (SGR-UN.CA) Stock Fundamental Analysis
Canada - TSX:SGR-UN - CA8310622037 - REIT
14.9 CAD
+0.1 (+0.68%)
Taking everything into account, SGR-UN scores 5 out of 10 in our fundamental rating. SGR-UN was compared to 38 industry peers in the Diversified REITs industry. While SGR-UN has a great profitability rating, there are quite some concerns on its financial health. SGR-UN has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years SGR-UN had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 1.73%, SGR-UN is doing good in the industry, outperforming 63.16% of the companies in the same industry.
SGR-UN's Return On Equity of 5.81% is fine compared to the rest of the industry. SGR-UN outperforms 76.32% of its industry peers.
With a decent Return On Invested Capital value of 4.29%, SGR-UN is doing good in the industry, outperforming 76.32% 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 5.46%.
The last Return On Invested Capital (4.29%) for SGR-UN 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
SGR-UN has a better Profit Margin (18.36%) than 63.16% of its industry peers.
SGR-UN's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 61.34%, SGR-UN belongs to the top of the industry, outperforming 86.84% 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 has a better Gross Margin (69.16%) than 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 | 61.34% | ||
| 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
Compared to 1 year ago, SGR-UN has about the same amount of shares outstanding.
SGR-UN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SGR-UN is higher compared to a year ago.
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.
The Altman-Z score of SGR-UN (0.56) is better than 60.53% of its industry peers.
SGR-UN has a debt to FCF ratio of 15.76. This is a negative value and a sign of low solvency as SGR-UN would need 15.76 years to pay back of all of its debts.
SGR-UN 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-UN has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.75, SGR-UN is doing worse than 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 15.76 | ||
| Altman-Z | 0.56 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
SGR-UN has a Current Ratio of 0.75. 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 Current ratio value of 0.75, SGR-UN belongs to the best of the industry, outperforming 86.84% of the companies in the same industry.
A Quick Ratio of 0.75 indicates that SGR-UN may have some problems paying its short term obligations.
SGR-UN has a better Quick ratio (0.75) than 86.84% 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.
SGR-UN 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.
Measured over the past years, SGR-UN 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
SGR-UN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.22% yearly.
SGR-UN 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.
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
SGR-UN is valuated correctly with a Price/Earnings ratio of 16.56.
Compared to the rest of the industry, the Price/Earnings ratio of SGR-UN indicates a somewhat cheap valuation: SGR-UN is cheaper than 73.68% of the companies listed in the same industry.
SGR-UN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.35.
A Price/Forward Earnings ratio of 10.31 indicates a reasonable valuation of SGR-UN.
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.
SGR-UN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 33.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.56 | ||
| Fwd PE | 10.31 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SGR-UN is valued a bit cheaper than the industry average as 71.05% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.39 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SGR-UN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SGR-UN has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SGR-UN's earnings are expected to grow with 12.22% in the coming years.
PEG (NY)0.39
PEG (5Y)14.77
EPS Next 2Y16.62%
EPS Next 3Y12.22%
5. Dividend
5.1 Amount
SGR-UN has a Yearly Dividend Yield of 9.00%, which is a nice return.
Compared to an average industry Dividend Yield of 7.95, SGR-UN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, 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
130.79% of the earnings are spent on dividend by SGR-UN. This is not a sustainable payout ratio.
DP130.79%
EPS Next 2Y16.62%
EPS Next 3Y12.22%
TSX:SGR-UN (11/11/2025, 7:00:00 PM)
14.9
+0.1 (+0.68%)
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 Cap879.25M
Revenue(TTM)210.85M
Net Income(TTM)38.71M
Analysts71.11
Price Target11.22 (-24.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9% |
Yearly Dividend1.22
Dividend Growth(5Y)-0.01%
DP130.79%
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)0%
PT rev (3m)0%
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%
Revenue NY rev (3m)-0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.56 | ||
| Fwd PE | 10.31 | ||
| P/S | 2.97 | ||
| P/FCF | 8.39 | ||
| P/OCF | 8.39 | ||
| P/B | 0.94 | ||
| P/tB | 0.94 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.9
EY6.04%
EPS(NY)1.44
Fwd EY9.7%
FCF(TTM)1.78
FCFY11.92%
OCF(TTM)1.78
OCFY11.92%
SpS5.01
BVpS15.83
TBVpS15.83
PEG (NY)0.39
PEG (5Y)14.77
Graham Number17.9
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%
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 | 1.75 | ||
| 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 | 0.56 |
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)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-15.43%
EBIT Next 3Y-3.73%
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%
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 42.67% 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 130.79%.