XTSE
RPR.UN
Market cap33mUSD
Jan 29, Last price
0.55CAD
Name
Slate Office REIT
Chart & Performance
Profile
Slate Office REIT is an owner and operator of North American office real estate. The REIT owns interests in and operates a portfolio of 35 strategic and well-located real estate assets across Canada's major population centres and includes two assets in downtown Chicago, Illinois. 60% of the REIT's portfolio is comprised of government or credit rated tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 197,621 0.56% | 196,515 13.82% | |||||||
Cost of revenue | 122,803 | 113,984 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 74,818 | 82,531 | |||||||
NOPBT Margin | 37.86% | 42.00% | |||||||
Operating Taxes | 1,154 | (821) | |||||||
Tax Rate | 1.54% | ||||||||
NOPAT | 73,664 | 83,352 | |||||||
Net income | (113,117) 524.92% | (18,101) -133.96% | |||||||
Dividends | (16,261) | (31,204) | |||||||
Dividend yield | 25.09% | 8.58% | |||||||
Proceeds from repurchase of equity | 61,890 | ||||||||
BB yield | -17.03% | ||||||||
Debt | |||||||||
Debt current | 335,837 | 374,027 | |||||||
Long-term debt | 647,175 | 779,226 | |||||||
Deferred revenue | 7,970 | 10,865 | |||||||
Other long-term liabilities | 1,595 | 17,885 | |||||||
Net debt | 955,651 | 1,104,226 | |||||||
Cash flow | |||||||||
Cash from operating activities | 40,119 | 49,563 | |||||||
CAPEX | (9,975) | (22,924) | |||||||
Cash from investing activities | (26,361) | (88,368) | |||||||
Cash from financing activities | (15,204) | 49,753 | |||||||
FCF | 390,403 | (14,368) | |||||||
Balance | |||||||||
Cash | 11,270 | 19,905 | |||||||
Long term investments | 16,091 | 29,122 | |||||||
Excess cash | 17,480 | 39,201 | |||||||
Stockholders' equity | 515,370 | 1,838,533 | |||||||
Invested Capital | 1,490,467 | 1,785,563 | |||||||
ROIC | 4.50% | 4.77% | |||||||
ROCE | 4.96% | 4.52% | |||||||
EV | |||||||||
Common stock shares outstanding | 80,025 | 84,143 | |||||||
Price | 0.81 -81.25% | 4.32 -13.60% | |||||||
Market cap | 64,820 -82.17% | 363,496 -0.76% | |||||||
EV | 1,020,471 | 2,661,889 | |||||||
EBITDA | 75,784 | 83,497 | |||||||
EV/EBITDA | 13.47 | 31.88 | |||||||
Interest | 59,535 | 46,462 | |||||||
Interest/NOPBT | 79.57% | 56.30% |