Summit Industrial Income REIT
TSX:SMU.UN
Intrinsic Value
Summit Industrial Income REIT is an open-ended mutual fund trust, which engages in growing and managing a portfolio of light industrial properties. [ Read More ]
The intrinsic value of one
SMU.UN
stock under the Base Case scenario is
16.41
CAD.
Compared to the current market price of 23.48 CAD,
Summit Industrial Income REIT
is
Overvalued by 30%.
Summit Industrial Income REIT's market capitalization is 4.5B CAD.
SMU.UN stock price is 23.48 CAD.
SMU.UN stock (16.41 CAD) is 30% less than its price (23.48 CAD).
SMU.UN stock (11.85 CAD) is 50% less than its price (23.48 CAD). Open DCF Valuation
SMU.UN stock (20.98 CAD) is 11% less than its price (23.48 CAD). Open Relative Valuation
SMU.UN has downside potential of 2% compared to the average analyst price target.
Open Wall St Estimates
SMU.UN's ROIC (Return on Invested Capital) has decreased in the last 3 years from 5% to 4%.
SMU.UN's ROE (Return on Equity) has decreased in the last 3 years from 17% to 15%.
SMU.UN's ROE (Return on Equity) for the past 12 months is positive and is equal to 15%.
SMU.UN's Revenue has dropped by 9% over the past 12 months.
SMU.UN's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 4%.
SMU.UN's Revenue is forecast to grow at a rate of 10% per year over the next 3 years.
SMU.UN has a very low three-year average ROIC (Return on Invested Capital): 4%. The company is not efficient at using invested capital to generate operating income.
SMU.UN has very high three-year average ROE (Return on Equity): 26%. The company is very efficient at transforming stockholders' equity into net income.
SMU.UN has positive Operating Income for the last twelve months.
SMU.UN has positive Net Income for the last twelve months.
SMU.UN has positive Gross Profit for the last twelve months.
SMU.UN's Altman Z-Score is very low and is equal to 1.41.
SMU.UN's D/E (Debt to Equity) is very low and is equal to 0.36.
SMU.UN's short-term liabilties (161m CAD) exceed its short-term assets (68m CAD).
SMU.UN has positive Free Cash Flow for the last twelve months.
SMU.UN's long-term assets (5B CAD) exceed its long-term liabilties (2B CAD).
SMU.UN has positive Net Debt. This means that the company has more debt (1B CAD) than cash and short-term investments (31m CAD).
SMU.UN generates enough operating income (168m CAD) to cover interest payments on its debt (38m CAD).
Valuation Backtest
Summit Industrial Income REIT
Run backtest to discover the historical profit from buying and selling
SMU.UN
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Summit Industrial Income REIT
Balance Sheet Decomposition
Summit Industrial Income REIT
| Current Assets | 67.7m |
| Cash & Short-Term Investments | 31.4m |
| Receivables | 13.5m |
| Other Current Assets | 22.8m |
| Non-Current Assets | 5.2B |
| Long-Term Investments | 5.1B |
| Other Non-Current Assets | 67.4m |
| Current Liabilities | 161m |
| Accounts Payable | 72.4m |
| Other Current Liabilities | 88.6m |
| Non-Current Liabilities | 1.3B |
| Long-Term Debt | 1.3B |
| Other Non-Current Liabilities | 14.2m |
Earnings Waterfall
Summit Industrial Income REIT
|
Revenue
|
241.3m
CAD
|
|
Cost of Revenue
|
-63m
CAD
|
|
Gross Profit
|
178.3m
CAD
|
|
Operating Expenses
|
-10.8m
CAD
|
|
Operating Income
|
167.5m
CAD
|
|
Other Expenses
|
325.1m
CAD
|
|
Net Income
|
492.6m
CAD
|
Free Cash Flow Analysis
Summit Industrial Income REIT
SMU.UN Profitability Score
Profitability Due Diligence
Summit Industrial Income REIT's profitability score is 65/100. The higher the profitability score, the more profitable the company is.
Score
Summit Industrial Income REIT's profitability score is 65/100. The higher the profitability score, the more profitable the company is.
SMU.UN Solvency Score
Solvency Due Diligence
Summit Industrial Income REIT's solvency score is 37/100. The higher the solvency score, the more solvent the company is.
Score
Summit Industrial Income REIT's solvency score is 37/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
SMU.UN Price Targets Summary
Summit Industrial Income REIT
According to Wall Street analysts, the average 1-year price target for
SMU.UN
is 23 CAD
.
Shareholder Return
SMU.UN Price
Summit Industrial Income REIT
| Average Annual Return | 32.82% |
| Standard Deviation of Annual Returns | 36.69% |
| Max Drawdown | -51% |
| Market Capitalization | 4.5B CAD |
| Shares Outstanding | 189 976 992 |
| Percentage of Shares Shorted | 0.42% |
Company Profile
Summit Industrial Income REIT
Country
Industry
Market Cap
Dividend Yield
Description
Summit Industrial Income REIT is an open-ended mutual fund trust, which engages in growing and managing a portfolio of light industrial properties. The company is headquartered in Dartmouth, Nova Scotia. The Trust owns, manages, and develops light industrial properties across Canada. The Trust portfolio encompasses distribution facilities, warehouses, cold storage, and light manufacturing, with a focus on single-tenant larger properties. The Trust is primarily involved in the commercial leasing of light industrial real estate with approximately 78 properties in Ontario, 29 properties in Quebec, 48 properties in Alberta, and 1 property in Atlantic Canada. Its property portfolio was comprised of approximately 154 investment properties totaling 20.1 million square feet (sq. ft).
Contact
IPO
Employees
Officers
The intrinsic value of one
SMU.UN
stock under the Base Case scenario is
16.41
CAD.
Compared to the current market price of 23.48 CAD,
Summit Industrial Income REIT
is
Overvalued by 30%.
You don't have any saved screeners yet
