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Stock profile

Slate Office REIT (SOT-UN.TO)

Country: CanadaSector: Real EstateIndustry: REIT - OfficeExchange: TSX

Delisted · last close 29 Jan 2025

Current price
0.55 CAD+14.58%
Last close 29 Jan 2025
Benchmarks

Key financial summary

Financials in CAD
201820192020202120222023TTM
Total revenueCAD m210216184173197198199
Operating profitCAD m-6953
Net profitCAD m7064753-18-113-408
EPS reportedCAD-1.41-4.78
Operating cashflow per shareCAD0.500.50
Capex per shareCAD0.120.12
FCF per shareCAD0.380.38
Free cash flowCAD m3028
Net debtCAD m9721,059
Book value equityCAD m515168
Book value per shareCAD6.441.95
Number of sharesm80.0386.01
DPS (TTM paid)CAD0.170.00

Financial summary

Financials in CAD
201820192020202120222023TTM
Value
P/E TTMx--
P/B LTMx0.130.27
P/S LTMx0.330.22
P/FCF LTMx2.151.58
EV/EBITDA LTMx-15.00-9.55
EV/Sales LTMx5.255.55
Earnings Yield LTM%-174.51%-271.83%
FCF Yield%46.50%63.41%
Quality
ROE%-21.95%-19.51%
ROIC%-4.58%-4.58%
Operating margin%-34.97%-34.97%
Gross margin%44.35%44.35%
FCF/Sales%15.25%15.25%
Growth and momentum
EPS Growth YoY%--
Sales Growth YoY%+0.56%+0.66%
Net Income Growth YoY%--
FCF Growth%+13.16%+8.55%
Operating Profit Growth%--27.56%
Dividend and capital structure
Dividend Yield%25.09%0.00%
Dividend Growth%-57.48%-
Payout Ratio%-14.38%-0.39%
FCF/Debtx0.030.03
Net Debt/EBITDAx-14.06-14.06
EBIT/Net interestx-1.16-1.16
Net debt/market cap%1499.1%2377.4%
Net debt/Equityx1.896.32
Gross debt/equityx1.916.38

Company overview

Slate Office REIT actively manages and possesses a collection of office properties throughout North America. Its holdings consist of 35 strategically positioned and favorably located office buildings, primarily situated in Canada's prominent urban hubs, with two additional properties located in downtown Chicago, Illinois. A significant portion, specifically 60%, of the REIT's tenant base comprises government entities or organizations with strong credit ratings. The trust strategically acquires high-quality properties at prices below their replacement value, subsequently enhancing shareholder value through a proactive approach to property management, focused on boosting rental income, prolonging lease durations, and improving occupancy rates.

WebsiteN/A
IndustryREIT - Office
CountryCanada
Trades inCAD

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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Delisted · last close 29 Jan 2025

Slate Office REIT (SOT-UN.TO)

SOT-UN.TO · TSX · Real Estate
0.55 CAD+14.58%
Benchmarks
Financialsin CAD
20222023TTM
About

Slate Office REIT actively manages and possesses a collection of office properties throughout North America. Its holdings consist of 35 strategically positioned and favorably located office buildings, primarily situated in Canada's prominent urban hubs, with two additional properties located in downtown Chicago, Illinois. A significant portion, specifically 60%, of the REIT's tenant base comprises government entities or organizations with strong credit ratings. The trust strategically acquires high-quality properties at prices below their replacement value, subsequently enhancing shareholder value through a proactive approach to property management, focused on boosting rental income, prolonging lease durations, and improving occupancy rates.

IndustryREIT - Office
CountryCanada
Trades inCAD

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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