Granite Real Estate Investment Trust (TSX: GRT.UN)

GRT.UN Statistics

Total Valuation

Granite Real Estate Investment Trust has a market cap or net worth of CAD 4.63 billion. The enterprise value is 7.64 billion.

Market Cap	4.63B
Enterprise Value	7.64B

Important Dates

The last earnings date was Wednesday, November 6, 2024.

Earnings Date	Nov 6, 2024
Ex-Dividend Date	Nov 27, 2024

Share Statistics

Granite Real Estate Investment Trust has 62.74 million shares outstanding. The number of shares has decreased by -1.57% in one year.

Current Share Class	n/a
Shares Outstanding	62.74M
Shares Change (YoY)	-1.57%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	0.38%
Owned by Institutions (%)	7.53%
Float	62.50M

Valuation Ratios

The trailing PE ratio is 15.02.

Price/FFO Ratio	1,408.11
Price/AFFO Ratio	n/a
PE Ratio	15.02
Forward PE	n/a
PS Ratio	8.40
PB Ratio	0.85
P/TBV Ratio	n/a
P/FCF Ratio	13.49
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.16, with an EV/FCF ratio of 22.27.

EV / Earnings	24.80
EV / Sales	13.87
EV / EBITDA	18.16
EV / EBIT	18.22
EV / FCF	22.27

Financial Position

The company has a current ratio of 0.17, with a Debt / Equity ratio of 0.58.

Current Ratio	0.17
Quick Ratio	0.15
Debt / Equity	0.58
Debt / EBITDA	7.46
Debt / FCF	9.15
Interest Coverage	3.75

Financial Efficiency

Return on equity (ROE) is 5.70% and return on invested capital (ROIC) is 3.06%.

Return on Equity (ROE)	5.70%
Return on Assets (ROA)	2.83%
Return on Capital (ROIC)	3.06%
Revenue Per Employee	7.98M
Profits Per Employee	4.47M
Employee Count	69
Asset Turnover	0.06
Inventory Turnover	n/a

Taxes

In the past 12 months, Granite Real Estate Investment Trust has paid 6.77 million in taxes.

Income Tax	6.77M
Effective Tax Rate	3.04%

Stock Price Statistics

The stock price has increased by +5.70% in the last 52 weeks. The beta is 1.18, so Granite Real Estate Investment Trust's price volatility has been higher than the market average.

Beta (5Y)	1.18
52-Week Price Change	+5.70%
50-Day Moving Average	77.90
200-Day Moving Average	73.57
Relative Strength Index (RSI)	38.08
Average Volume (20 Days)	83,647

Short Selling Information

The latest short interest is 289,331, so 0.46% of the outstanding shares have been sold short.

Short Interest	289,331
Short Previous Month	286,272
Short % of Shares Out	0.46%
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Granite Real Estate Investment Trust had revenue of CAD 550.94 million and earned 308.17 million in profits. Earnings per share was 4.91.

Revenue	550.94M
Gross Profit	460.90M
Operating Income	419.53M
Pretax Income	336.45M
Net Income	308.17M
EBITDA	420.82M
EBIT	419.53M
Earnings Per Share (EPS)	4.91

Balance Sheet

The company has 134.91 million in cash and 3.14 billion in debt, giving a net cash position of -3.01 billion or -47.92 per share.

Cash & Cash Equivalents	134.91M
Total Debt	3.14B
Net Cash	-3.01B
Net Cash Per Share	-47.92
Equity (Book Value)	5.45B
Book Value Per Share	86.80
Working Capital	-790.55M

Cash Flow

In the last 12 months, operating cash flow was 343.42 million and capital expenditures -227,000, giving a free cash flow of 343.20 million.

Operating Cash Flow	343.42M
Capital Expenditures	-227,000
Free Cash Flow	343.20M
FCF Per Share	5.47

Margins

Gross margin is 83.66%, with operating and profit margins of 76.15% and 55.93%.

Gross Margin	83.66%
Operating Margin	76.15%
Pretax Margin	61.07%
Profit Margin	55.93%
EBITDA Margin	76.38%
EBIT Margin	76.15%
FCF Margin	62.29%

Dividends & Yields

This stock pays an annual dividend of 3.40, which amounts to a dividend yield of 4.60%.

Dividend Per Share	3.40
Dividend Yield	4.60%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	67.18%
Buyback Yield	1.57%
Shareholder Yield	6.17%
Earnings Yield	6.66%
FCF Yield	7.41%

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	8