Nexus Industrial REIT
TSX:NXR.UN

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Nexus Industrial REIT
TSX:NXR.UN
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Price: 7.38 CAD 2.22% Market Closed
Market Cap: 523.6m CAD

Relative Value

The Relative Value of one NXR.UN stock under the Base Case scenario is 22.13 CAD. Compared to the current market price of 7.38 CAD, Nexus Industrial REIT is Undervalued by 67%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NXR.UN Relative Value
Base Case
22.13 CAD
Undervaluation 67%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
76
vs Industry
53
Median 3Y
3.6
Median 5Y
3.9
Industry
3.6
Forward
2.8
vs History
42
vs Industry
52
Median 3Y
5.4
Median 5Y
5.5
Industry
16.6
Forward
12.8
vs History
52
vs Industry
31
Median 3Y
13.2
Median 5Y
13.2
Industry
10.9
vs History
3
vs Industry
26
Median 3Y
2.9
Median 5Y
3
Industry
12.8
vs History
73
vs Industry
68
Median 3Y
0.6
Median 5Y
0.6
Industry
0.8
vs History
77
vs Industry
34
Median 3Y
11.6
Median 5Y
11.6
Industry
6.5
Forward
8.8
vs History
77
vs Industry
40
Median 3Y
16.4
Median 5Y
16.6
Industry
12
vs History
38
vs Industry
48
Median 3Y
12.6
Median 5Y
10.9
Industry
15.8
Forward
13.2
vs History
38
vs Industry
50
Median 3Y
12.6
Median 5Y
10.9
Industry
19.1
vs History
26
vs Industry
11
Median 3Y
38.4
Median 5Y
37.3
Industry
18.4
vs History
25
vs Industry
9
Median 3Y
56.3
Median 5Y
55.3
Industry
19.9
vs History
74
vs Industry
55
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7

Multiples Across Competitors

NXR.UN Competitors Multiples
Nexus Industrial REIT Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Nexus Industrial REIT
TSX:NXR.UN
523.6m CAD 3 5.8 12.9 12.9
US
Prologis Inc
NYSE:PLD
102.5B USD 12.2 27.5 23 41.3
AU
Goodman Group
ASX:GMG
60.8B AUD 27 66 142.1 142.1
UK
SEGRO PLC
LSE:SGRO
9B GBP 13.4 15.2 28.6 29.3
SG
Ascendas Real Estate Investment Trust
SGX:A17U
11.6B 0 0 0 0
US
Lineage Inc
NASDAQ:LINE
10.9B USD 2 -17.5 14.6 59.1
US
Eastgroup Properties Inc
NYSE:EGP
9B USD 13.7 39.6 22.6 39.5
US
Rexford Industrial Realty Inc
NYSE:REXR
8.4B USD 8.7 30.9 16.7 29.8
US
First Industrial Realty Trust Inc
NYSE:FR
6.8B USD 9.9 25.3 20.7 32.4
US
STAG Industrial Inc
NYSE:STAG
6.7B USD 8.5 27.4 16.9 34.9
US
Terreno Realty Corp
NYSE:TRNO
6B USD 14.8 30.8 25.6 41.8