Business Description
Granite Real Estate Investment Trust
NAICS : 531390
SIC : 7222
ISIN : CA3874371147
Share Class Description:
FRA:4I70: UnitCompare
Compare
Traded in other countries / regions
GRT.UN.CanadaGRP.U.USA4I70.Germany IPO Date
2020-03-09Description
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.
Financial Strength
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.04 | |||||
| Equity-to-Asset | 0.58 | |||||
| Debt-to-Equity | 0.57 | |||||
| Debt-to-EBITDA | 7.38 | |||||
| Interest Coverage | 4.93 | |||||
| Piotroski F-Score | 8/9 | |||||
| Altman Z-Score | 1.08 | |||||
| Beneish M-Score | -2.64 | |||||
| WACC vs ROIC | ||||||
Growth Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 14.3 | |||||
| 3-Year EBITDA Growth Rate | -28.2 | |||||
| 3-Year EPS without NRI Growth Rate | 8 | |||||
| 3-Year FCF Growth Rate | 7.2 | |||||
| 3-Year Book Growth Rate | 9.4 | |||||
| Future 3-5Y EPS without NRI Growth Rate Estimate | 14.11 | |||||
| Future 3-5Y Total Revenue Growth Rate Estimate | 6.66 |
Momentum Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 23.73 | |||||
| 9-Day RSI | 31.49 | |||||
| 14-Day RSI | 36.27 | |||||
| 3-1 Month Momentum % | -3.17 | |||||
| 6-1 Month Momentum % | 11.98 | |||||
| 12-1 Month Momentum % | 1.9 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 0.17 | |||||
| Quick Ratio | 0.17 | |||||
| Cash Ratio | 0.14 | |||||
| Days Sales Outstanding | 7.69 | |||||
| Days Payable | 26.15 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 4.65 | |||||
| Dividend Payout Ratio | 0.66 | |||||
| 3-Year Dividend Growth Rate | 3.3 | |||||
| Forward Dividend Yield % | 4.65 | |||||
| 5-Year Yield-on-Cost % | 5.47 | |||||
| 3-Year Average Share Buyback Ratio | -0.9 | |||||
| Shareholder Yield % | 4.82 |
Profitability Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 83.66 | |||||
| Operating Margin % | 76.44 | |||||
| Net Margin % | 55.94 | |||||
| FCF Margin % | 62.22 | |||||
| ROE % | 5.72 | |||||
| ROA % | 3.34 | |||||
| ROIC % | 4.08 | |||||
| 3-Year ROIIC % | 6.57 | |||||
| ROC (Joel Greenblatt) % | 10563.87 | |||||
| ROCE % | 4.86 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Price-to-FFO | 14.9 | |||||
| PE Ratio | 15.02 | |||||
| Forward PE Ratio | 12.35 | |||||
| PE Ratio without NRI | 14.72 | |||||
| Shiller PE Ratio | 8.6 | |||||
| Price-to-Owner-Earnings | 13.62 | |||||
| PS Ratio | 8.4 | |||||
| PB Ratio | 0.84 | |||||
| Price-to-Tangible-Book | 0.84 | |||||
| Price-to-Free-Cash-Flow | 13.48 | |||||
| Price-to-Operating-Cash-Flow | 13.48 | |||||
| EV-to-EBIT | 17.96 | |||||
| EV-to-EBITDA | 17.91 | |||||
| EV-to-Revenue | 13.76 | |||||
| EV-to-Forward-Revenue | 12.65 | |||||
| EV-to-FCF | 22.08 | |||||
| Price-to-GF-Value | 0.77 | |||||
| Price-to-Projected-FCF | 0.64 | |||||
| Price-to-Median-PS-Value | 0.81 | |||||
| Price-to-Graham-Number | 0.74 | |||||
| Earnings Yield (Greenblatt) % | 5.57 | |||||
| FCF Yield % | 7.48 | |||||
| Forward Rate of Return (Yacktman) % | 8.11 |
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
See DetailsInsider Trades
See DetailsPeter Lynch Chart
Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
Granite Real Estate Investment Trust Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil €) | 372.642 | ||
| EPS (TTM) (€) | 3.285 | ||
| Beta | 1.62 | ||
| 3-Year Sharpe Ratio | -0.3 | ||
| 3-Year Sortino Ratio | -0.41 | ||
| Volatility % | 25.12 | ||
| 14-Day RSI | 36.27 | ||
| 14-Day ATR (€) | 0.424755 | ||
| 20-Day SMA (€) | 49.35625 | ||
| 12-1 Month Momentum % | 1.9 | ||
| 52-Week Range (€) | 43.75 - 53.92 | ||
| Shares Outstanding (Mil) | 62.74 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 8 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Granite Real Estate Investment Trust Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Granite Real Estate Investment Trust Stock Events
| Event | Date | Price (€) | ||
|---|---|---|---|---|
| No Event Data | ||||
Granite Real Estate Investment Trust Frequently Asked Questions
What is Granite Real Estate Investment Trust(FRA:4I70)'s stock price today?
The current price of FRA:4I70 is €47.88. The 52 week high of FRA:4I70 is €53.92 and 52 week low is €43.75.
When is next earnings date of Granite Real Estate Investment Trust(FRA:4I70)?
The next earnings date of Granite Real Estate Investment Trust(FRA:4I70) is 2025-02-28 Est..
Does Granite Real Estate Investment Trust(FRA:4I70) pay dividends? If so, how much?
The Dividend Yield %  of Granite Real Estate Investment Trust(FRA:4I70) is 4.65% (As of Today), Highest Dividend Payout Ratio of Granite Real Estate Investment Trust(FRA:4I70) was 0.99. The lowest was 0.64. And the median was 0.85. The  Forward Dividend Yield % of Granite Real Estate Investment Trust(FRA:4I70) is 4.65%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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