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Canadian Net Real Estate Investment Trust TSXV:NET.UN Stock Report

Last Price

CA$5.29

Market Cap

CA$108.8m

7D

-0.8%

1Y

11.6%

Updated

22 Dec, 2024

Data

Company Financials +

Canadian Net Real Estate Investment Trust

TSXV:NET.UN Stock Report

Market Cap: CA$108.8m

My Notes

Capture your thoughts, links and company narrative

Canadian Net Real Estate Investment Trust Competitors

Price History & Performance

Summary of share price highs, lows and changes for Canadian Net Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$5.29
52 Week HighCA$5.92
52 Week LowCA$4.70
Beta0.58
1 Month Change1.73%
3 Month Change-3.11%
1 Year Change11.60%
3 Year Change-32.61%
5 Year Change-19.85%
Change since IPO164.50%

Recent News & Updates

Recent updates

We Ran A Stock Scan For Earnings Growth And Canadian Net Real Estate Investment Trust (CVE:NET.UN) Passed With Ease

Nov 20
We Ran A Stock Scan For Earnings Growth And Canadian Net Real Estate Investment Trust (CVE:NET.UN) Passed With Ease

Shareholder Returns

NET.UNCA REITsCA Market
7D-0.8%-2.6%-2.6%
1Y11.6%0.7%15.2%

Return vs Industry: NET.UN exceeded the Canadian REITs industry which returned 0.7% over the past year.

Return vs Market: NET.UN underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is NET.UN's price volatile compared to industry and market?
NET.UN volatility
NET.UN Average Weekly Movement2.7%
REITs Industry Average Movement2.7%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: NET.UN has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: NET.UN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aKevin Henleywww.cnetreit.com

Canadian Net Real Estate Investment Trust is an open-ended trust that acquires and owns high quality triple net and management-free commercial real estate properties.

Canadian Net Real Estate Investment Trust Fundamentals Summary

How do Canadian Net Real Estate Investment Trust's earnings and revenue compare to its market cap?
NET.UN fundamental statistics
Market capCA$108.77m
Earnings (TTM)CA$9.66m
Revenue (TTM)CA$29.35m

11.3x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NET.UN income statement (TTM)
RevenueCA$29.35m
Cost of RevenueCA$7.53m
Gross ProfitCA$21.82m
Other ExpensesCA$12.16m
EarningsCA$9.66m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin74.34%
Net Profit Margin32.91%
Debt/Equity Ratio123.6%

How did NET.UN perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

57%

Payout Ratio

Does NET.UN pay a reliable dividends?

See NET.UN dividend history and benchmarks
When do you need to buy NET.UN by to receive an upcoming dividend?
Canadian Net Real Estate Investment Trust dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend9 days
Days until Dividend pay date9 days

Does NET.UN pay a reliable dividends?

See NET.UN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:16
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Canadian Net Real Estate Investment Trust is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark RothschildCanaccord Genuity
Zachary WeisbrodCanaccord Genuity
Kyle StanleyDesjardins Securities Inc.