Sun Residential Real Estate Investment Trust

TSXV:SRES Stock Report

Market Cap: CA$10.2m

Sun Residential Real Estate Investment Trust Past Earnings Performance

Past criteria checks 1/6

Sun Residential Real Estate Investment Trust's earnings have been declining at an average annual rate of -15.2%, while the Residential REITs industry saw earnings declining at 8.1% annually. Revenues have been growing at an average rate of 21.2% per year. Sun Residential Real Estate Investment Trust's return on equity is 1.5%, and it has net margins of 0.7%.

Key information

-15.2%

Earnings growth rate

9.2%

EPS growth rate

Residential REITs Industry Growth2.5%
Revenue growth rate21.2%
Return on equity1.5%
Net Margin0.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Is Now The Time To Put Sun Residential Real Estate Investment Trust (CVE:SRES) On Your Watchlist?

Aug 16
Is Now The Time To Put Sun Residential Real Estate Investment Trust (CVE:SRES) On Your Watchlist?

Revenue & Expenses Breakdown

How Sun Residential Real Estate Investment Trust makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:SRES Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246000
30 Jun 246-400
31 Mar 246-400
31 Dec 236-400
30 Sep 236-100
30 Jun 236300
31 Mar 236300
31 Dec 225200
30 Sep 225300
30 Jun 225300
31 Mar 225500
31 Dec 215500
30 Sep 215300
30 Jun 215300
31 Mar 215100
31 Dec 204010
30 Sep 203-110
30 Jun 202-110
31 Mar 201-110

Quality Earnings: SRES has a large one-off loss of $1.3M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: SRES became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SRES's earnings have declined by 15.2% per year over the past 5 years.

Accelerating Growth: SRES has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SRES has become profitable in the last year, making it difficult to compare its past year earnings growth to the Residential REITs industry (16.7%).


Return on Equity

High ROE: SRES's Return on Equity (1.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 06:32
End of Day Share Price 2024/12/19 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

Sun Residential Real Estate Investment Trust is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution