Nexus Industrial REIT
TSX:NXR.UN

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Nexus Industrial REIT
TSX:NXR.UN
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Price: 7.65 CAD Market Closed
Market Cap: 541.2m CAD
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Relative Value

The Relative Value of one NXR.UN stock under the Base Case scenario is 20.74 CAD. Compared to the current market price of 7.65 CAD, Nexus Industrial REIT is Undervalued by 63%.

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
20.74 CAD
Undervaluation 63%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3.1
P/S
P/S
Price to Sales
3.1
vs History
65
vs Industry
50
Median 3Y
4.2
Median 5Y
3.9
Industry
3.6
Forward
3
More Details
12.5
P/E
P/E
Price to Earnings
12.5
vs History
14
vs Industry
55
Median 3Y
5.5
Median 5Y
4.9
Industry
16.7
Forward
13.1
More Details
11.4
P/OCF
P/OCF
Price to OCF
11.4
vs History
52
vs Industry
43
Median 3Y
13.4
Median 5Y
12.4
Industry
10.9
More Details
4.2
P/FCFE
P/FCFE
Price to FCFE
4.2
vs History
28
vs Industry
48
Median 3Y
2.9
Median 5Y
2.4
Industry
13.3
More Details
0.5
P/B
P/B
Price to Book Value
0.5
vs History
57
vs Industry
66
Median 3Y
0.7
Median 5Y
0.6
Industry
0.8
More Details
9.8
EV/S
EV/S
Enterprise Value to Sales
9.8
vs History
68
vs Industry
32
Median 3Y
11.8
Median 5Y
11.6
Industry
6.6
Forward
9.5
More Details
13.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
13.8
vs History
68
vs Industry
37
Median 3Y
16.9
Median 5Y
16.6
Industry
11.9
More Details
22.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
22.5
vs History
12
vs Industry
52
Median 3Y
10.9
Median 5Y
10.8
Industry
15.8
Forward
14.2
More Details
22.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
22.5
vs History
12
vs Industry
53
Median 3Y
10.9
Median 5Y
10.8
Industry
19
More Details
35.9
EV/OCF
EV/OCF
Enterprise Value to OCF
35.9
vs History
46
vs Industry
21
Median 3Y
37.8
Median 5Y
35.9
Industry
18.5
More Details
46.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
46.6
vs History
52
vs Industry
15
Median 3Y
55.5
Median 5Y
48.9
Industry
20.1
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
65
vs Industry
53
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7
More Details

Multiples Across Competitors

NXR.UN Competitors Multiples
Nexus Industrial REIT Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Nexus Industrial REIT
TSX:NXR.UN
541.2m CAD 3.1 12.5 22.5 22.5
US
Prologis Inc
NYSE:PLD
96.9B USD 12.3 31.5 23.9 45.4
AU
Goodman Group
ASX:GMG
69.4B AUD 35 -701.5 131.3 131.3
US
Lineage Inc
NASDAQ:LINE
13.4B USD 1.4 -18.9 8.8 24.4
UK
SEGRO PLC
LSE:SGRO
9.4B GBP 12.9 -944.2 25.1 25.4
SG
Ascendas Real Estate Investment Trust
SGX:A17U
11.3B 0 0 0 0
US
Rexford Industrial Realty Inc
NYSE:REXR
8.5B USD 9.4 32 19 33.6
US
Eastgroup Properties Inc
NYSE:EGP
8B USD 12.7 34.3 21.8 38
US
First Industrial Realty Trust Inc
NYSE:FR
6.7B USD 10.3 21.8 21.1 33.6
SG
Mapletree Logistics Trust
SGX:M44U
6.4B 0 0 0 0
SG
Mapletree Industrial Trust
SGX:ME8U
6.3B 0 0 0 0
P/E Multiple
Earnings Growth P/E to Growth
CA
Nexus Industrial REIT
TSX:NXR.UN
Average P/E: 26.4
12.5
-71%
N/A
US
Prologis Inc
NYSE:PLD
31.5
0%
N/A
AU
Goodman Group
ASX:GMG
Negative Multiple: -701.5 N/A N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -18.9 N/A N/A
UK
SEGRO PLC
LSE:SGRO
Negative Multiple: -944.2 N/A N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
343%
N/A
US
Rexford Industrial Realty Inc
NYSE:REXR
32
48%
0.7
US
Eastgroup Properties Inc
NYSE:EGP
34.3
33%
1
US
First Industrial Realty Trust Inc
NYSE:FR
21.8
-15%
N/A
SG
Mapletree Logistics Trust
SGX:M44U
Not Available
20%
N/A
SG
Mapletree Industrial Trust
SGX:ME8U
Not Available
271%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Nexus Industrial REIT
TSX:NXR.UN
Average EV/EBITDA: 34.2
22.5
-1%
N/A
US
Prologis Inc
NYSE:PLD
23.9
28%
0.9
AU
Goodman Group
ASX:GMG
131.3
535%
0.2
US
Lineage Inc
NASDAQ:LINE
8.8
N/A N/A
UK
SEGRO PLC
LSE:SGRO
25.1
30%
0.8
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
12%
N/A
US
Rexford Industrial Realty Inc
NYSE:REXR
19
66%
0.3
US
Eastgroup Properties Inc
NYSE:EGP
21.8
41%
0.5
US
First Industrial Realty Trust Inc
NYSE:FR
21.1
35%
0.6
SG
Mapletree Logistics Trust
SGX:M44U
Not Available
13%
N/A
SG
Mapletree Industrial Trust
SGX:ME8U
Not Available
17%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Nexus Industrial REIT
TSX:NXR.UN
Average EV/EBIT: 44.3
22.5
N/A N/A
US
Prologis Inc
NYSE:PLD
45.4
28%
1.6
AU
Goodman Group
ASX:GMG
131.3
527%
0.2
US
Lineage Inc
NASDAQ:LINE
24.4
N/A N/A
UK
SEGRO PLC
LSE:SGRO
25.4
44%
0.6
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
12%
N/A
US
Rexford Industrial Realty Inc
NYSE:REXR
33.6
73%
0.5
US
Eastgroup Properties Inc
NYSE:EGP
38
44%
0.9
US
First Industrial Realty Trust Inc
NYSE:FR
33.6
27%
1.2
SG
Mapletree Logistics Trust
SGX:M44U
Not Available
11%
N/A
SG
Mapletree Industrial Trust
SGX:ME8U
Not Available
14%
N/A

See Also

Summary
NXR.UN intrinsic value, competitors valuation, and company profile.
DCF Valuation
NXR.UN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NXR.UN stock valuation using valuation multiples.
Wall Street Estimates
NXR.UN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NXR.UN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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