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 99.56 102.2 116.4 138.2 -
Change - -21.33% -22.02% 2.64% 13.88% 18.76% -
Enterprise Value (EV) 162.3 127.7 99.56 102.2 116.4 138.2 138.2
Change - -21.33% -22.02% 2.64% 13.88% 18.76% 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 7.59x 7.51x
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% 5.37% 5.38%
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 6.700 6.700
Nbr of stocks (in thousands) 20,185 20,593 20,529 20,561 20,598 20,628 -
Announcement Date 3/23/22 3/22/23 3/20/24 3/18/25 3/17/26 - -
1CAD in Million2CAD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - 5.37% 98.07M
41.45x15.92x16.5x5.06% 60.35B
9.49x12.7x15.85x5.24% 17.17B
13.03x24.09x28.38x3.44% 17.16B
20.49x17.21x25.61x4.83% 15.26B
11.01x13.8x16.53x5.12% 12.47B
31.89x11.54x18.2x3.64% 10.78B
8.04x22.65x30.66x2.77% 10.71B
16.04x12.4x19.4x6.03% 9.73B
24.31x7.27x11.91x5.75% 8.73B
Average 19.53x 15.28x 20.34x 4.73% 16.25B
Weighted average by Cap. 25.48x 15.88x 19.52x 4.74%

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