XTSE
NXR.UN
Market cap367mUSD
May 15, Last price
7.22CAD
1D
1.98%
1Q
-1.37%
IPO
-11.41%
Name
Nexus Industrial REIT
Chart & Performance
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.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 175,700 11.40% | 157,715 15.02% | 137,121 64.10% | |||||||
Cost of revenue | 57,646 | 54,334 | 47,830 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 118,054 | 103,381 | 89,291 | |||||||
NOPBT Margin | 67.19% | 65.55% | 65.12% | |||||||
Operating Taxes | (7,707) | |||||||||
Tax Rate | ||||||||||
NOPAT | 118,054 | 103,381 | 96,998 | |||||||
Net income | 90,882 -43.21% | 160,030 32.40% | 120,868 -17.42% | |||||||
Dividends | (41,600) | (37,703) | (34,324) | |||||||
Dividend yield | 5.75% | 6.79% | 5.29% | |||||||
Proceeds from repurchase of equity | 84,718 | |||||||||
BB yield | -13.05% | |||||||||
Debt | ||||||||||
Debt current | 114,949 | 122,553 | 70,456 | |||||||
Long-term debt | 1,146,609 | 1,076,853 | 767,192 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 43,216 | 217,826 | 205,432 | |||||||
Net debt | 1,229,164 | 1,174,500 | 808,640 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 38,960 | 51,015 | 41,530 | |||||||
CAPEX | (14,264) | (18,933) | (11,213) | |||||||
Cash from investing activities | (78,602) | (345,989) | (315,727) | |||||||
Cash from financing activities | 45,256 | 289,359 | 203,451 | |||||||
FCF | 2,616,963 | (2,232,970) | 63,365 | |||||||
Balance | ||||||||||
Cash | 11,532 | 5,918 | 11,533 | |||||||
Long term investments | 20,862 | 18,988 | 17,475 | |||||||
Excess cash | 23,609 | 17,020 | 22,152 | |||||||
Stockholders' equity | 1,061,724 | 1,000,329 | 872,540 | |||||||
Invested Capital | 2,332,174 | 2,389,762 | 1,881,119 | |||||||
ROIC | 5.00% | 4.84% | 5.67% | |||||||
ROCE | 5.01% | 4.30% | 4.69% | |||||||
EV | ||||||||||
Common stock shares outstanding | 94,159 | 68,590 | 67,323 | |||||||
Price | 7.69 -4.94% | 8.09 -16.08% | 9.64 -23.61% | |||||||
Market cap | 724,083 30.49% | 554,890 -14.50% | 648,990 -10.26% | |||||||
EV | 1,953,247 | 1,729,390 | 1,457,630 | |||||||
EBITDA | 118,175 | 103,472 | 89,384 | |||||||
EV/EBITDA | 16.53 | 16.71 | 16.31 | |||||||
Interest | 54,865 | 70,922 | 29,120 | |||||||
Interest/NOPBT | 46.47% | 68.60% | 32.61% |