Slate Office REIT SOT.UN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Slate Office REIT Acknowledges Resignation of Trustee
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Slate Office REIT Provides Update on Resignation of Trustee and Nomination of Trustees at Upcoming Annual Meeting of Unitholders
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Slate Office REIT to Release First Quarter 2024 Financial Results
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Slate Office REIT Posts Q4 2023 Earnings Call Transcript and Investor Update
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Slate Office REIT Reports Fourth Quarter and Year End 2023 Results
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Slate Office REIT Signs 15-Year, 107,000 Square Foot Lease With Leading Financial Technology Company in Etobicoke, ON
Trading Information
- Previous Close Price
- CAD 0.68
- Day Range
- CAD 0.67–0.70
- 52-Week Range
- CAD 0.64–2.21
- Bid/Ask
- CAD 0.69 / CAD 0.72
- Market Cap
- CAD 56.03 Mil
- Volume/Avg
- 13,468 / 50,795
Key Statistics
- Price/Earnings (Normalized)
- 3.03
- Price/Sales
- 0.30
- Dividend Yield (Trailing)
- 14.76%
- Dividend Yield (Forward)
- 17.14%
- Total Yield
- 14.76%
Company Profile
Slate Office REIT is an open-ended real estate investment trust. The company focuses on acquiring, holding, developing, maintaining, improving, leasing, managing, or otherwise dealing with office properties in Canada. the REIT's portfolio consists of approximately fifty four commercial properties located in Canada. Its fundamental and thematic approach to investment and asset management leads to significant value creation. The company operates in Canada, United States, and Ireland.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Small Value
- Total Number of Employees
- —
- Website
- https://www.slateofficereit.com
Comparables
Valuation
|
Metric
|
SOT.UN
|
MRG.UN
|
NXR.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 3.03 | 10.85 | 11.65 |
Price/Book Value | 0.11 | 0.32 | 0.48 |
Price/Sales | 0.30 | 1.82 | 3.04 |
Price/Cash Flow | 2.20 | 6.94 | 9.67 |
Price/Earnings
SOT.UN
MRG.UN
NXR.UN
Financial Strength
|
Metric
|
SOT.UN
|
MRG.UN
|
NXR.UN
|
|---|---|---|---|
Quick Ratio | 0.04 | 0.12 | 0.10 |
Current Ratio | 0.56 | 0.19 | 0.37 |
Interest Coverage | −1.23 | 4.19 | 4.85 |
Quick Ratio
SOT.UN
MRG.UN
NXR.UN
Profitability
|
Metric
|
SOT.UN
|
MRG.UN
|
NXR.UN
|
|---|---|---|---|
Return on Assets (Normalized) | −6.32% | 3.91% | 7.70% |
Return on Equity (Normalized) | −19.43% | 8.82% | 18.29% |
Return on Invested Capital (Normalized) | −4.34% | 6.27% | 10.25% |
Return on Assets
SOT.UN
MRG.UN
NXR.UN
REIT - Office Industry Comparables
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Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
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NBFJF
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MRPRF
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VNO
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DEXSF
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MPCMF
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KRC
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SLG
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