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XTSESOT.UN
Market cap22mUSD
Dec 24, Last price  
0.41CAD
1D
12.33%
1Q
13.89%
Jan 2017
-94.81%
IPO
-95.90%
Name

Slate Office REIT

Chart & Performance

D1W1MN
XTSE:SOT.UN chart
P/E
—
P/S
0.17
EPS
—
Div Yield, %
49.34%
Shrs. gr., 5y
2.08%
Rev. gr., 5y
-1.20%
Revenues
198m
+0.56%
702,00028,478,00033,087,00087,543,000122,190,000152,136,000209,899,000215,520,000183,586,000172,650,000196,515,000197,621,000
Net income
-113m
L+524.92%
37,044,00014,215,0002,861,00028,436,00044,877,00054,937,00069,632,00064,228,0006,722,00053,298,000-18,101,000-113,117,000
CFO
40m
-19.05%
225,0008,109,00011,366,00030,246,00036,667,00041,572,00049,387,00049,296,00046,450,00038,232,00049,563,00040,119,000
Dividend
Oct 30, 20230.01 CAD/sh
Earnings
Feb 13, 2025

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.
URL
https://www.slateofficereit.com/
IPO date
Dec 28, 2012
Employees
Domiciled in
CA
Incorporated in
CA

Valuation

Title
CAD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
197,621
0.56%
196,515
13.82%
172,650
-5.96%
Cost of revenue
122,803
113,984
101,820
Unusual Expense (Income)
NOPBT
74,818
82,531
70,830
NOPBT Margin
37.86%
42.00%
41.03%
Operating Taxes
1,154
(821)
2,728
Tax Rate
1.54%
3.85%
NOPAT
73,664
83,352
68,102
Net income
(113,117)
524.92%
(18,101)
-133.96%
53,298
692.89%
Dividends
(16,261)
(31,204)
(27,080)
Dividend yield
25.09%
8.58%
7.39%
Proceeds from repurchase of equity
61,890
(1,626)
BB yield
-17.03%
0.44%
Debt
Debt current
335,837
374,027
162,209
Long-term debt
647,175
779,226
883,333
Deferred revenue
7,970
10,865
11,118
Other long-term liabilities
1,595
17,885
33,272
Net debt
955,651
1,104,226
1,033,010
Cash flow
Cash from operating activities
40,119
49,563
38,232
CAPEX
(9,975)
(22,924)
(24,698)
Cash from investing activities
(26,361)
(88,368)
(134,268)
Cash from financing activities
(15,204)
49,753
95,329
FCF
390,403
(14,368)
(3,086)
Balance
Cash
11,270
19,905
9,909
Long term investments
16,091
29,122
2,623
Excess cash
17,480
39,201
3,900
Stockholders' equity
515,370
1,838,533
1,663,572
Invested Capital
1,490,467
1,785,563
1,708,000
ROIC
4.50%
4.77%
4.06%
ROCE
4.96%
4.52%
4.13%
EV
Common stock shares outstanding
80,025
84,143
73,257
Price
0.81
-81.25%
4.32
-13.60%
5.00
20.77%
Market cap
64,820
-82.17%
363,496
-0.76%
366,286
20.80%
EV
1,020,471
2,661,889
2,440,901
EBITDA
75,784
83,497
71,852
EV/EBITDA
13.47
31.88
33.97
Interest
59,535
46,462
40,138
Interest/NOPBT
79.57%
56.30%
56.67%