TSX:GRT.UN (Canada)
Business Description
Granite Real Estate Investment Trust
NAICS : 531390
SIC : 7222
77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1
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Traded in other countries / regions
GRT.UN.Canada
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4I7.Germany
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GRP.U.USA
Description
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, and management of primarily 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 largest 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 | 0.06 | |||||
| Equity-to-Asset | 0.62 | |||||
| Debt-to-Equity | 0.48 | |||||
| Debt-to-EBITDA | 2.01 | |||||
| Interest Coverage | 7.93 | |||||
| Piotroski F-Score | 3/9 | |||||
| Altman Z-Score | 1.8 | |||||
| Beneish M-Score | 1.94 | |||||
| WACC vs ROIC | ||||||
Growth Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 3.4 | |||||
| 3-Year EBITDA Growth Rate | 27.3 | |||||
| 3-Year EPS without NRI Growth Rate | 25.1 | |||||
| 3-Year FCF Growth Rate | 13.5 | |||||
| 3-Year Book Growth Rate | 14 | |||||
| Future 3-5Y Total Revenue Growth Rate Industry Rank | 12.83 |
Momentum Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 57.16 | |||||
| 9-Day RSI | 58.72 | |||||
| 14-Day RSI | 56.33 | |||||
| 6-1 Month Momentum % | -21.35 | |||||
| 12-1 Month Momentum % | -17.07 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 2.46 | |||||
| Quick Ratio | 2.46 | |||||
| Cash Ratio | 1.03 | |||||
| Days Sales Outstanding | 8.61 | |||||
| Days Payable | 14.8 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 3.75 | |||||
| Dividend Payout Ratio | 0.18 | |||||
| 3-Year Dividend Growth Rate | 3.3 | |||||
| Forward Dividend Yield % | 3.79 | |||||
| 5-Year Yield-on-Cost % | 4.61 | |||||
| 3-Year Average Share Buyback Ratio | -12.9 |
Profitability Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 84.09 | |||||
| Operating Margin % | 75.3 | |||||
| Net Margin % | 269.77 | |||||
| ROE % | 21.65 | |||||
| ROA % | 13.54 | |||||
| ROIC % | 3.5 | |||||
| ROC (Joel Greenblatt) % | 16373.15 | |||||
| ROCE % | 16.28 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Price-to-FFO | 47.83 | |||||
| PE Ratio | 4.72 | |||||
| Forward PE Ratio | 24.57 | |||||
| PE Ratio without NRI | 4.72 | |||||
| Shiller PE Ratio | 9.66 | |||||
| Price-to-Owner-Earnings | 4.18 | |||||
| PEG Ratio | 0.27 | |||||
| PS Ratio | 12.75 | |||||
| PB Ratio | 0.95 | |||||
| Price-to-Tangible-Book | 0.95 | |||||
| Price-to-Free-Cash-Flow | 20.21 | |||||
| Price-to-Operating-Cash-Flow | 20.16 | |||||
| EV-to-EBIT | 5.87 | |||||
| EV-to-EBITDA | 5.86 | |||||
| EV-to-Revenue | 18.72 | |||||
| EV-to-Forward-Revenue | 17.78 | |||||
| EV-to-FCF | 29.68 | |||||
| Price-to-Projected-FCF | 0.87 | |||||
| Price-to-DCF (Earnings Based) | 0.12 | |||||
| Price-to-DCF (FCF Based) | 1.25 | |||||
| Price-to-Median-PS-Value | 1.26 | |||||
| Price-to-Peter-Lynch-Fair-Value | 0.2 | |||||
| Price-to-Graham-Number | 0.45 | |||||
| Earnings Yield (Greenblatt) % | 17.04 | |||||
| Forward Rate of Return (Yacktman) % | 24.29 |
Guru Trades
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Insider Trades
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Executives
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Analyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil C$) | 421.943 | ||
| EPS (TTM) (C$) | 17.307 | ||
| Beta | 0.92 | ||
| Volatility % | 23.35 | ||
| 14-Day RSI | 56.33 | ||
| 14-Day ATR (C$) | 1.757673 | ||
| 20-Day SMA (C$) | 79.82 | ||
| 12-1 Month Momentum % | -17.07 | ||
| 52-Week Range (C$) | 73.34 - 105.79 | ||
| Shares Outstanding (Mil) | 65.42 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 3 | ||
| 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
| Document | Form | Filing Date | ||
|---|---|---|---|---|
| No Filing Data | ||||