Slate Grocery REIT
Slate Grocery REIT Fundamental Analysis
Slate Grocery REIT (SRRTF) shows moderate financial fundamentals with a PE ratio of 11.14, profit margin of 20.33%, and ROE of 6.53%. The company generates $0.3B in annual revenue with weak year-over-year growth of 2.88%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 29.0/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze SRRTF's fundamental strength across five key dimensions:
Efficiency Score
WeakSRRTF struggles to generate sufficient returns from assets.
Valuation Score
ExcellentSRRTF trades at attractive valuation levels.
Growth Score
WeakSRRTF faces weak or negative growth trends.
Financial Health Score
WeakSRRTF carries high financial risk with limited liquidity.
Profitability Score
ModerateSRRTF maintains healthy but balanced margins.
Key Financial Metrics
Is SRRTF Expensive or Cheap?
P/E Ratio
SRRTF trades at 11.14 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, SRRTF's PEG of -3.95 indicates potential undervaluation.
Price to Book
The market values Slate Grocery REIT at 0.73 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at -4.77 times EBITDA. This is generally considered low.
How Well Does SRRTF Make Money?
Net Profit Margin
For every $100 in sales, Slate Grocery REIT keeps $20.33 as profit after all expenses.
Operating Margin
Core operations generate 62.03 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $6.53 in profit for every $100 of shareholder equity.
ROA
Slate Grocery REIT generates $1.84 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Slate Grocery REIT generates strong operating cash flow of $91.78M, reflecting robust business health.
Free Cash Flow
Slate Grocery REIT generates strong free cash flow of $83.20M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $1.41 in free cash annually.
FCF Yield
SRRTF converts 9.16% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
11.14
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-3.95
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.73
vs 25 benchmark
P/S Ratio
Price to sales ratio
3.10
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
1.98
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.45
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.07
vs 25 benchmark
ROA
Return on assets percentage
0.02
vs 25 benchmark
ROCE
Return on capital employed
0.06
vs 25 benchmark
How SRRTF Stacks Against Its Sector Peers
| Metric | SRRTF Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 11.14 | 22.50 | Better (Cheaper) |
| ROE | 6.53% | 700.00% | Weak |
| Net Margin | 20.33% | -37372.00% (disorted) | Strong |
| Debt/Equity | 1.98 | -20.81 (disorted) | Distorted |
| Current Ratio | 0.45 | 1949.79 | Weak Liquidity |
| ROA | 1.84% | -1322.00% (disorted) | Weak |
SRRTF outperforms its industry in 2 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Slate Grocery REIT's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
9.89%
Industry Style: Income, Inflation Hedge, REIT
GrowingEPS CAGR
-4.35%
Industry Style: Income, Inflation Hedge, REIT
DecliningFCF CAGR
18.48%
Industry Style: Income, Inflation Hedge, REIT
High Growth