Company Valuation: Canadian Net Real Estate Investment Trust

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 162.3 127.7 99.56 102.2 116.4 135.5 -
Change - -21.33% -22.02% 2.64% 13.88% 16.45% -
Enterprise Value (EV) 162.3 127.7 99.56 102.2 116.4 135.5 135.5
Change - -21.33% -22.02% 2.64% 13.88% 16.45% 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 7.45x 7.37x
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% 5.48% 5.49%
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 18.2 18.4
EBIT - - - - - - -
Net income - - - - - - -
Net Debt - - - - - - -
Reference price 2 8.040 6.200 4.850 4.970 5.650 6.570 6.570
Nbr of stocks (in thousands) 20,185 20,593 20,529 20,561 20,598 20,628 -
Announcement Date 23/03/22 22/03/23 20/03/24 18/03/25 17/03/26 - -
1CAD in Million2CAD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - 5.48% 95.49M
39.64x15.49x16.09x5.28% 57.85B
9.13x12.83x15.91x5.34% 16.85B
11.08x23.5x26.25x3.72% 15.73B
19.67x16.74x24.54x5.04% 14.62B
10.26x13.43x16.11x5.38% 11.9B
8.14x22.85x30.78x2.73% 10.94B
32.33x11.52x18.18x3.65% 10.76B
16.2x12.39x19.36x6.04% 9.75B
28.84x7.45x12.31x5.41% 9.29B
Average 19.48x 15.13x 19.95x 4.81% 15.78B
Weighted average by Cap. 24.69x 15.54x 19.01x 4.88%

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