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 99.56 102.2 116.4 131.8 - -
Change - -21.33% -22.02% 2.64% 13.88% 13.26% - -
Enterprise Value (EV) 1 162.3 127.7 99.56 102.2 116.4 303.5 297.7 131.8
Change - -21.33% -22.02% 2.64% 13.88% 160.82% -1.92% -55.72%
P/E - - - - - - - -
PBR - - - - - - - -
PEG - - - - - - - -
Capitalization / Revenue 8.56x 5.16x 3.75x 3.91x - 4.62x 4.53x -
EV / Revenue 8.56x 5.16x 3.75x 3.91x - 10.6x 10.2x -
EV / EBITDA 9.1x 6.83x 5.04x 5.52x 5.88x 16x 15.3x 6.79x
EV / EBIT - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.3 0.34 0.345 0.345 0.348 0.355 0.357 -
Rate of return 3.73% 5.48% 7.11% 6.94% 6.16% 5.56% 5.59% -
EPS 2 - - - - - - - -
Distribution rate - - - - - - - -
Net sales 1 18.95 24.73 26.55 26.12 - 28.56 29.1 -
EBITDA 1 17.83 18.69 19.76 18.52 19.8 18.95 19.44 19.4
EBIT - - - - - - - -
Net income - - - - - - - -
Net Debt 1 - - - - - 171.7 165.9 -
Reference price 2 8.040 6.200 4.850 4.970 5.650 6.390 6.390 6.390
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, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 10.63x16.02x5.56% 93.04M
36.66x14.67x15.14x5.9% 52.21B
16.58x23.28x27.9x3.48% 16.86B
8.3x11.89x14.57x6.02% 15.06B
18.04x16.06x23.26x5.36% 13.94B
9.52x13.29x15.83x5.41% 11.89B
25.92x10.5x16.57x4.16% 9.54B
14.27x11.59x18.21x6.61% 8.95B
33.4x7.31x11.72x5.92% 8.48B
7.17x19.32x26.01x3.46% 8.61B
Average 18.87x 13.85x 18.52x 5.19% 14.56B
Weighted average by Cap. 23.38x 14.78x 18.12x 5.32%

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