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Granite Real Estate Investment Trust

Granite Real Estate Investment Trust

GRT-UN.TO
Granite Real Estate Investment TrustCA flagToronto Stock Exchange
97.62
CAD
+1.82
- -
5.93BMarket Cap

Total Valuation

Granite Real Estate Investment Trust carries a market capitalization of 5.93B, placing it among publicly traded companies globally. Its enterprise value stands at 7.43B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap5.93B
Enterprise Value7.43B

Share Statistics

Granite Real Estate Investment Trust currently has 60.59M shares outstanding.

Shares Outstanding60.59M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Granite Real Estate Investment Trust trades at a trailing price-to-earnings ratio of 12.85. The price-to-sales ratio is 7.23, and the price-to-book ratio stands at 0.86.

PE Ratio12.85
PS Ratio7.23
PB Ratio0.86
P/TBV Ratio0.79
P/FCF Ratio11.89
P/OCF Ratio11.94

Enterprise Valuation

On an enterprise value basis, Granite Real Estate Investment Trust trades at an EV/EBITDA multiple of 16.43 and an EV/FCF ratio of 16.80. The EV/Sales ratio of 12.51 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 16.47 provides insight into valuation relative to core operating earnings.

EV / Sales12.51
EV / EBITDA16.43
EV / EBIT16.47
EV / FCF16.80

Financial Position

Granite Real Estate Investment Trust maintains a current ratio of 2.81, meaning it holds 2.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 59.47, indicating elevated leverage, while an interest coverage ratio of 5.05 demonstrates adequate ability to service its debt obligations.

Current Ratio2.81
Quick Ratio0.66
Debt / Equity59.47
Debt / EBITDA7.10
Interest Coverage5.05

Financial Efficiency

Granite Real Estate Investment Trust posts a return on equity of 6.71 and a return on invested capital of 4.81.

Return on Equity (ROE)6.71
Return on Assets (ROA)3.57
Return on Invested Capital (ROIC)4.81
Return on Capital Employed (ROCE)5.09
Revenue Per EmployeeN/A
Employee CountN/A
Inventory TurnoverN/A

Taxes

Over the trailing twelve months, Granite Real Estate Investment Trust has paid 29.81M in income taxes, reflecting an effective tax rate of 8.16.

Income Tax29.81M
Effective Tax Rate8.16

Stock Price Statistics

Granite Real Estate Investment Trust's stock has gained approximately 39.33771% over the past 52 weeks. The 50-day moving average sits at 93.77, while the 200-day moving average is 85.26.

Beta (5Y)N/A
52-Week Price Change39.33771%
50-Day Moving Average93.77
200-Day Moving Average85.26
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Granite Real Estate Investment Trust generated 593.87M in revenue and converted that into 334.19M in net income, yielding earnings per share of 5.43. EBITDA reached 452.15M, while operating income came in at 450.88M.

Revenue593.87M
Gross Profit489.75M
Operating Income450.88M
Pretax Income365.47M
Net Income334.19M
EBITDA452.15M
EBIT450.88M
Earnings Per Share (EPS)5.43

Balance Sheet

Granite Real Estate Investment Trust holds 86.42M in cash and equivalents against 3.21B in total debt, resulting in a net debt position of 3.09B. Total book value stands at 4.97B, with working capital of 269.75M providing operational flexibility.

Cash & Cash Equivalents86.42M
Total Debt3.21B
Net Debt3.09B
Equity (Book Value)4.97B
Book Value Per Share80.05
Working Capital269.75M

Cash Flow

Granite Real Estate Investment Trust produced 359.64M in operating cash flow over the past twelve months. After subtracting -79,000.00 in capital expenditures, free cash flow totaled 359.56M - equivalent to 5.79 per share.

Operating Cash Flow359.64M
Capital Expenditures-79,000.00
Free Cash Flow359.56M
FCF Per Share5.79

Margins

Granite Real Estate Investment Trust operates with a gross margin of 82.47, reflecting its pricing power and cost economics. The operating margin of 75.92 and net profit margin of 56.27 provide insight into operational efficiency.

Gross Margin82.47
Operating Margin75.92
Pretax Margin61.54
Profit Margin56.27
EBITDA Margin76.14

Dividends & Yields

The company's payout ratio of 61.90 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share3.36
Dividend YieldN/A
Payout Ratio61.90
Shareholder Yield6.49
FCF Yield8.41

Scores

Granite Real Estate Investment Trust posts an Altman Z-Score of 1.16, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.16