Nexus Industrial REIT Valuation

Q: What is the Fair Price of J6D when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

J6D (€5.53) is trading below our estimate of [[fair value]] (€7.05)

Is J6D undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of J6D when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: J6D (€5.53) is trading below our estimate of fair value (€7.05)

Significantly Below Fair Value: J6D is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for J6D?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for J6D. This is calculated by dividing J6D's market cap by their current preferred multiple.
What is J6D's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CA$799.41m

J6D key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	11.9x
Enterprise Value/EBITDA	n/a
PEG Ratio	-0.09x

Price to Earnings Ratio vs Peers

How does J6D's PE Ratio compare to its peers?

The above table shows the PE ratio for J6D vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	27.2x
HABA Hamborner REIT	58x	8.3%	€528.7m
EQU Equites Property Fund	12.2x	n/a	R11.2b
SHED Urban Logistics REIT	23.2x	n/a	UK£573.0m
NLCP NewLake Capital Partners	15.5x	n/a	US$431.9m
J6D Nexus Industrial REIT	3.6x	-41.1%	€799.4m

Price-To-Earnings vs Peers: J6D is good value based on its Price-To-Earnings Ratio (3.6x) compared to the peer average (27.2x).

Price to Earnings Ratio vs Industry

How does J6D's PE Ratio compare vs other companies in the Global Industrial REITs Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	0%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	0%
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No more companies

Price-To-Earnings vs Industry: J6D is good value based on its Price-To-Earnings Ratio (3.6x) compared to the Global Industrial REITs industry average (20.9x).

Price to Earnings Ratio vs Fair Ratio

What is J6D's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

J6D PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate J6D's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst J6D forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	€5.45	€6.01 +10.2%	5.6%	€6.49	€5.32	n/a	9
Oct ’25	€5.87	€5.87 -0.08%	5.0%	€6.33	€5.33	n/a	9
Sep ’25	€5.66	€5.82 +2.8%	4.5%	€6.13	€5.30	n/a	9
Aug ’25	€5.16	€5.59 +8.3%	5.8%	€6.01	€5.01	n/a	9
Jul ’25	€4.50	€5.61 +24.6%	6.6%	€6.08	€5.07	n/a	9
Jun ’25	€4.76	€5.61 +18.0%	6.6%	€6.08	€5.07	n/a	9
May ’25	€4.71	€5.93 +25.9%	9.8%	€6.82	€5.12	n/a	9
Apr ’25	€5.14	€6.08 +18.3%	8.0%	€6.80	€5.44	n/a	9
Mar ’25	€5.22	€6.29 +20.4%	7.2%	€7.16	€5.79	n/a	9
Feb ’25	€5.64	€6.61 +17.2%	9.2%	€7.92	€5.85	n/a	10
Jan ’25	€5.43	€6.24 +15.0%	10.8%	€7.69	€5.18	n/a	9
Dec ’24	€5.09	€6.24 +22.6%	10.8%	€7.69	€5.18	n/a	9
Nov ’24	€4.45	€6.77 +52.0%	14.1%	€7.88	€5.14	n/a	9
Oct ’24	€4.99	€7.47 +49.8%	8.7%	€8.83	€6.29	€5.87	10
Sep ’24	€5.54	€7.47 +35.0%	8.7%	€8.83	€6.29	€5.66	10
Aug ’24	€5.63	€7.91 +40.5%	9.8%	€9.44	€6.24	€5.16	10
Jul ’24	€5.83	€8.17 +40.1%	7.0%	€9.59	€7.54	€4.50	10
Jun ’24	€5.87	€8.17 +39.1%	7.0%	€9.59	€7.54	€4.76	10
May ’24	€6.52	€8.02 +23.1%	7.1%	€9.38	€7.37	€4.71	10
Apr ’24	€6.54	€8.16 +24.7%	7.4%	€9.56	€7.51	€5.14	10
Mar ’24	€7.42	€8.64 +16.3%	6.6%	€9.79	€7.87	€5.22	10
Feb ’24	€7.37	€8.57 +16.3%	6.5%	€9.64	€7.75	€5.64	9
Jan ’24	€6.52	€8.78 +34.7%	10.4%	€10.78	€7.48	€5.43	8
Dec ’23	€7.52	€9.27 +23.2%	8.8%	€10.96	€8.31	€5.09	7
Nov ’23	€6.57	€9.42 +43.3%	12.5%	€11.34	€7.13	€4.45	8
Oct ’23	€6.17	€10.13 +64.3%	9.6%	€11.80	€8.37	€4.99	8

Analyst Forecast: Target price is less than 20% higher than the current share price.