Financial data analysis helps to validate if markets are presently mispricing Granite Real. We were able to interpolate and analyze data for thirty-seven available reported financial drivers for Granite Real Estate, which can be compared to its competitors. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Granite Real to be traded at C$90.76 in 90 days. Key indicators impacting Granite Real's financial strength include:
Understanding current and past Granite Real Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Granite Real's financial statements are interrelated, with each one affecting the others. For example, an increase in Granite Real's assets may result in an increase in income on the income statement.
Please note, the presentation of Granite Real's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Granite Real's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Granite Real's management manipulating its earnings.
Granite Real Stock Summary
Granite Real competes with Canadian Apartment, Dream Industrial, Allied Properties, Killam Apartment, and InterRent Real. Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of industrial, warehouse and logistics properties in North America and Europe. Granite owns 85 investment properties representing approximately 35 million square feet of leasable area. GRANITE REAL operates under REIT - Industrial classification in Canada and is traded on Toronto Stock Exchange. It employs 44 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
You should never invest in Granite Real without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Granite Stock, because this is throwing your money away. Analyzing the key information contained in Granite Real's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Granite Real Key Financial Ratios
Granite Real's financial ratios allow both analysts and investors to convert raw data from Granite Real's financial statements into concise, actionable information that can be used to evaluate the performance of Granite Real over time and compare it to other companies across industries.
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
Cash flow analysis captures how much money flows into and out of Granite Real Estate. It measures of how well Granite is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Granite Real brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Granite had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Granite Real has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
Comparative valuation techniques use various fundamental indicators to help in determining Granite Real's current stock value. Our valuation model uses many indicators to compare Granite Real value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Granite Real competition to find correlations between indicators driving Granite Real's intrinsic value. More Info.
Granite Real Estate is rated # 2 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers reporting about 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Granite Real Estate is roughly 2.01 . At present, Granite Real's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Granite Real by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Granite Real's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Granite Real Estate Systematic Risk
Granite Real's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Granite Real volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Granite Real Estate correlated with the market. If Beta is less than 0 Granite Real generally moves in the opposite direction as compared to the market. If Granite Real Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Granite Real Estate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Granite Real is generally in the same direction as the market. If Beta > 1 Granite Real moves generally in the same direction as, but more than the movement of the benchmark.
Granite Real Estate Total Assets Over Time
Today, most investors in Granite Real Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Granite Real's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Granite Real growth as a starting point in their analysis.
Price Earnings To Growth Ratio
(3.49)
At present, Granite Real's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.
Granite Real November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Granite Real help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Granite Real Estate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Granite Real Estate based on widely used predictive technical indicators. In general, we focus on analyzing Granite Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Granite Real's daily price indicators and compare them against related drivers.
When running Granite Real's price analysis, check to measure Granite Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Real is operating at the current time. Most of Granite Real's value examination focuses on studying past and present price action to predict the probability of Granite Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Real's price. Additionally, you may evaluate how the addition of Granite Real to your portfolios can decrease your overall portfolio volatility.