Nexus Industrial REIT

Chart & Performance

D1W1MN

P/E

3.38

P/S

3.43

EPS

2.26

Div Yield, %

10.03%

Shrs. gr., 5y

24.24%

Rev. gr., 5y

23.86%

Revenues

158m

+15.02%

Net income

160m

+32.40%

CFO

51m

+22.84%

Dividend

Oct 31, 20240 USD/sh

Earnings

Mar 11, 2025

Profile

Nexus is a growth oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership and management of industrial, office and retail properties located in primary and secondary markets in North America. The REIT currently owns a portfolio of 73 properties comprising approximately 4.1 million square feet of rentable area. The REIT has approximately 109,910,000 units issued and outstanding. Additionally, there are Class B LP Units of subsidiary limited partnerships of Nexus REIT issued and outstanding, which are convertible into approximately 25,667,000 REIT Units.

URL

https://nexusreit.com/

IPO date

Nov 26, 2012

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	157,715 15.02%	137,121 64.10%	83,559 36.12%
Cost of revenue	54,334	47,830	32,462
Unusual Expense (Income)
NOPBT	103,381	89,291	51,097
NOPBT Margin	65.55%	65.12%	61.15%
Operating Taxes		(7,707)	(52,820)
Tax Rate
NOPAT	103,381	96,998	103,917
Net income	160,030 32.40%	120,868 -17.42%	146,359 886.25%
Dividends	(37,703)	(34,324)	(20,893)
Dividend yield
Proceeds from repurchase of equity		84,718	561,773
BB yield
Debt
Debt current	122,553	70,456	58,225
Long-term debt	1,076,853	767,192	624,991
Deferred revenue
Other long-term liabilities	217,826	205,432	260,132
Net debt	1,174,500	808,640	591,759
Cash flow
Cash from operating activities	51,015	41,530	24,995
CAPEX	(18,933)	(11,213)	(5,373)
Cash from investing activities	(345,989)	(315,727)	(469,254)
Cash from financing activities	289,359	203,451	512,545
FCF	(2,232,970)	63,365	108,648
Balance
Cash	5,918	11,533	82,279
Long term investments	18,988	17,475	9,178
Excess cash	17,020	22,152	87,279
Stockholders' equity	1,000,329	872,540	689,484
Invested Capital	2,389,762	1,881,119	1,540,963
ROIC	4.84%	5.67%	9.37%
ROCE	4.30%	4.69%	3.14%
EV
Common stock shares outstanding	68,590	67,323	57,303
Price
Market cap
EV
EBITDA	103,472	89,384	51,190
EV/EBITDA
Interest	70,922	29,120	15,218
Interest/NOPBT	68.60%	32.61%	29.78%