Canadian Net REIT NET.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.
Trading Information
- Previous Close Price
- CAD 4.90
- Day Range
- CAD 4.88–4.94
- 52-Week Range
- CAD 4.58–5.79
- Bid/Ask
- CAD 4.85 / CAD 4.90
- Market Cap
- CAD 100.34 Mil
- Volume/Avg
- 916 / 11,468
Key Statistics
- Price/Earnings (Normalized)
- 7.73
- Price/Sales
- 3.80
- Dividend Yield (Trailing)
- 7.04%
- Dividend Yield (Forward)
- 7.04%
- Total Yield
- 7.45%
Company Profile
Canadian Net REIT is an open-ended trust that acquires and owns high-quality triple net and management-free commercial real estate properties. The Trust operates in one segment, commercial real estate located in Canada.
- Sector
- Real Estate
- Industry
- REIT - Diversified
- Stock Style Box
- Small Value
- Total Number of Employees
- 4
- Website
- https://www.cnetreit.com
Comparables
Valuation
|
Metric
|
NET.UN
|
MRG.UN
|
BTB.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.73 | 10.85 | 7.78 |
Price/Book Value | 0.78 | 0.32 | 0.58 |
Price/Sales | 3.80 | 1.82 | 2.14 |
Price/Cash Flow | 9.15 | 6.94 | 7.23 |
Price/Earnings
NET.UN
MRG.UN
BTB.UN
Financial Strength
|
Metric
|
NET.UN
|
MRG.UN
|
BTB.UN
|
|---|---|---|---|
Quick Ratio | 0.08 | 0.12 | 0.08 |
Current Ratio | 0.23 | 0.19 | 0.09 |
Interest Coverage | 3.33 | 4.19 | 2.00 |
Quick Ratio
NET.UN
MRG.UN
BTB.UN
Profitability
|
Metric
|
NET.UN
|
MRG.UN
|
BTB.UN
|
|---|---|---|---|
Return on Assets (Normalized) | 6.05% | 3.91% | 3.11% |
Return on Equity (Normalized) | 14.88% | 8.82% | 8.02% |
Return on Invested Capital (Normalized) | 8.53% | 6.27% | 5.21% |
Return on Assets
NET.UN
MRG.UN
BTB.UN
REIT - Diversified Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
VICI
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WPC
| W.P. Carey Inc | — | Tcdh | $12.0 Bil | |
STKAF
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LSGOF
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LDSCY
| Land Securities Group PLC ADR | — | Srmwr | $5.9 Bil | |
FBASF
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MRVGF
| Mirvac Group | — | Nqyy | $5.4 Bil | |
GPTGF
| GPT Group | — | Jrh | $5.2 Bil | |
GSEFF
| Covivio SA | — | Thfy | $5.0 Bil | |
ESRT
| Empire State Realty Trust Inc Class A | Mrfgrzyc | Cts | $1.5 Bil |