Canadian Net Real Estate Investment Trust Past Earnings Performance
Past criteria checks 2/6
Canadian Net Real Estate Investment Trust has been growing earnings at an average annual rate of 20.1%, while the REITs industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 27.3% per year. Canadian Net Real Estate Investment Trust's return on equity is 14.1%, and it has net margins of 61.5%.
Key information
20.1%
Earnings growth rate
16.2%
EPS growth rate
| REITs Industry Growth | 9.9% |
| Revenue growth rate | 27.3% |
| Return on equity | 14.1% |
| Net Margin | 61.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance 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
The CEO Of Fronsac Real Estate Investment Trust (CVE:FRO.UN) Might See A Pay Rise On The Horizon
May 15Here's Why I Think Fronsac Real Estate Investment Trust (CVE:FRO.UN) Is An Interesting Stock
Mar 08Is Fronsac Real Estate Investment Trust's (CVE:FRO.UN) 10% ROE Better Than Average?
Feb 01
Revenue & Expenses BreakdownBeta
How Canadian Net Real Estate Investment Trust makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 30 | 18 | 2 | 0 |
| 30 Sep 23 | 26 | 5 | 2 | 0 |
| 30 Jun 23 | 26 | 1 | 2 | 0 |
| 31 Mar 23 | 25 | -3 | 1 | 0 |
| 31 Dec 22 | 24 | -6 | 1 | 0 |
| 30 Sep 22 | 25 | 10 | 1 | 0 |
| 30 Jun 22 | 25 | 22 | 1 | 0 |
| 31 Mar 22 | 25 | 26 | 1 | 0 |
| 31 Dec 21 | 22 | 25 | 1 | 0 |
| 30 Sep 21 | 20 | 18 | 1 | 0 |
| 30 Jun 21 | 18 | 9 | 1 | 0 |
| 31 Mar 21 | 16 | 6 | 1 | 0 |
| 31 Dec 20 | 16 | 10 | 1 | 0 |
| 30 Sep 20 | 13 | 8 | 1 | 0 |
| 30 Jun 20 | 12 | 11 | 1 | 0 |
| 31 Mar 20 | 11 | 8 | 1 | 0 |
| 31 Dec 19 | 9 | 4 | 1 | 0 |
| 30 Sep 19 | 9 | 1 | 1 | 0 |
| 30 Jun 19 | 8 | -3 | 1 | 0 |
| 31 Mar 19 | 7 | -3 | 1 | 0 |
| 31 Dec 18 | 6 | -2 | 1 | 0 |
| 30 Sep 18 | 6 | 4 | 1 | 0 |
| 30 Jun 18 | 5 | 4 | 1 | 0 |
| 31 Mar 18 | 5 | 4 | 1 | 0 |
| 31 Dec 17 | 5 | 5 | 1 | 0 |
| 30 Sep 17 | 4 | 3 | 0 | 0 |
| 30 Jun 17 | 4 | 4 | 0 | 0 |
| 31 Mar 17 | 3 | 4 | 0 | 0 |
| 31 Dec 16 | 3 | 3 | 0 | 0 |
| 30 Sep 16 | 3 | 3 | 0 | 0 |
| 30 Jun 16 | 3 | 2 | 0 | 0 |
| 31 Mar 16 | 2 | 3 | 0 | 0 |
| 31 Dec 15 | 2 | 1 | 0 | 0 |
| 30 Sep 15 | 2 | 1 | 0 | 0 |
| 30 Jun 15 | 2 | 1 | 0 | 0 |
| 31 Mar 15 | 2 | 0 | 0 | 0 |
| 31 Dec 14 | 1 | -1 | 0 | 0 |
| 30 Sep 14 | 1 | 0 | 0 | 0 |
| 30 Jun 14 | 1 | -1 | 0 | 0 |
| 31 Mar 14 | 1 | 0 | 0 | 0 |
| 31 Dec 13 | 1 | 1 | 0 | 0 |
| 30 Sep 13 | 1 | 1 | 0 | 0 |
| 30 Jun 13 | 1 | 2 | 0 | 0 |
Quality Earnings: NET.UN has a large one-off gain of CA$4.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: NET.UN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NET.UN has become profitable over the past 5 years, growing earnings by 20.1% per year.
Accelerating Growth: NET.UN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NET.UN has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (-69.3%).
Return on Equity
High ROE: NET.UN's Return on Equity (14.1%) is considered low.