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 99.56 102.2 116.4 138.4 -
Change - -21.33% -22.02% 2.64% 13.88% 18.93% -
Enterprise Value (EV) 162.3 127.7 99.56 102.2 116.4 138.4 138.4
Change - -21.33% -22.02% 2.64% 13.88% 18.93% 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 7.61x 7.52x
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% 5.37%
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 6.710 6.710
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - 5.37% 97.9M
41x15.83x16.41x5.1% 59.84B
9.17x12.57x15.41x5.37% 16.8B
13.53x22.51x26.47x3.81% 15.59B
20.25x17.09x25.04x4.89% 15.07B
10.19x13.38x16.11x5.41% 11.84B
7.84x22.26x30.13x2.84% 10.47B
31.63x11.35x17.91x3.73% 10.53B
16.13x12.38x19.34x6.06% 9.73B
23.05x7.12x11.67x5.99% 8.38B
Average 19.20x 14.94x 19.83x 4.86% 15.83B
Weighted average by Cap. 25.34x 15.53x 19.03x 4.87%

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
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  3. NET.UN Stock
  4. Valuation Canadian Net Real Estate Investment Trust