Company Valuation: Canadian Net Real Estate Investment Trust

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 162.3 127.7 99.56 102.2 116.4 141.7 - -
Change - -21.33% -22.02% 2.64% 13.88% 21.77% - -
Enterprise Value (EV) 162.3 127.7 99.56 102.2 116.4 141.7 141.7 141.7
Change - -21.33% -22.02% 2.64% 13.88% 21.77% 0% 0%
P/E - - - - - - - -
PBR - - - - - - - -
PEG - - - - - - - -
Capitalization / Revenue 8,562,522x 5,162,960x 3,749,953x 3,911,690x - - - -
EV / Revenue - - - - - - - -
EV / EBITDA 0x 0x 0x 0x 0x 7.66x 7.46x 7.3x
EV / EBIT - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.3 0.34 0.345 0.345 0.348 0.36 0.3605 -
Rate of return 3.73% 5.48% 7.11% 6.94% 6.16% 5.24% 5.25% -
EPS 2 - - - - - - - -
Distribution rate - - - - - - - -
Net sales 18.95 24.73 26.55 26.12 - - - -
EBITDA 1 17.83 18.69 19.76 18.52 19.8 18.5 19 19.4
EBIT - - - - - - - -
Net income - - - - - - - -
Net Debt - - - - - - - -
Reference price 2 8.040 6.200 4.850 4.970 5.650 6.870 6.870 6.870
Nbr of stocks (in thousands) 20,185 20,593 20,529 20,561 20,598 20,628 - -
Announcement Date 23/3/22 22/3/23 20/3/24 18/3/25 17/3/26 - - -
1CAD in Million2CAD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - 5.24% 103M
40.27x15.9x16.18x5.21% 59.05B
16.89x23.5x28.16x3.41% 17.66B
8.95x12.47x15.27x5.35% 17.38B
20.21x16.85x24.19x4.99% 15.04B
10.21x13.82x16.43x5.08% 13B
27.76x10.95x17.26x3.91% 10.14B
8.37x21.19x28.67x3.03% 10.19B
15.67x12.06x18.75x6.14% 9.68B
34.78x7.55x12.21x5.39% 9.32B
Average 20.35x 14.92x 19.68x 4.78% 16.16B
Weighted average by Cap. 25.46x 15.59x 18.94x 4.85%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. NET.UN Stock
  4. Valuation Canadian Net Real Estate Investment Trust