Slate Grocery Reit Stock Current Valuation
| SGR-U Stock | USD 10.52 0.50 4.99% |
Valuation analysis of Slate Grocery REIT helps investors to measure Slate Grocery's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, Slate Grocery's Cash is comparatively stable compared to the past year. Begin Period Cash Flow is likely to gain to about 29 M in 2024, despite the fact that Total Cashflows From Investing Activities is likely to grow to (326.4 M). Fundamental drivers impacting Slate Grocery's valuation include:
Price Book 0.9259 | Enterprise Value 1.8 B | Enterprise Value Ebitda 14.8907 | Price Sales 2.9231 | Forward PE 7.4405 |
Undervalued
Today
Please note that Slate Grocery's price fluctuation is not too volatile at this time. Calculation of the real value of Slate Grocery REIT is based on 3 months time horizon. Increasing Slate Grocery's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Slate Grocery's intrinsic value may or may not be the same as its current market price of 10.52, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.52 | Real 12.02 | Hype 10.54 | Naive 10.44 |
The intrinsic value of Slate Grocery's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Slate Grocery's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Slate Grocery REIT helps investors to forecast how Slate stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Slate Grocery more accurately as focusing exclusively on Slate Grocery's fundamentals will not take into account other important factors: Slate Grocery REIT Company Current Valuation Analysis
Slate Grocery's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Slate Grocery Current Valuation | 1.76 B |
Most of Slate Grocery's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Slate Grocery REIT is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Slate Grocery REIT has a Current Valuation of 1.76 B. This is 88.39% lower than that of the Retail REITs sector and significantly higher than that of the Real Estate industry. The current valuation for all Canada stocks is 89.4% higher than that of the company.
Slate Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Slate Grocery's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Slate Grocery could also be used in its relative valuation, which is a method of valuing Slate Grocery by comparing valuation metrics of similar companies.Slate Grocery is currently under evaluation in current valuation category among its peers.
Slate Fundamentals
| Return On Equity | 0.0461 | ||||
| Return On Asset | 0.0372 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.76 % | ||||
| Current Valuation | 1.76 B | ||||
| Shares Owned By Insiders | 0.20 % | ||||
| Shares Owned By Institutions | 12.93 % | ||||
| Number Of Shares Shorted | 629.36 K | ||||
| Price To Earning | 11.98 X | ||||
| Price To Book | 0.93 X | ||||
| Price To Sales | 2.92 X | ||||
| Revenue | 203.28 M | ||||
| Gross Profit | 156.68 M | ||||
| EBITDA | 215.05 M | ||||
| Net Income | 15.02 M | ||||
| Cash And Equivalents | 14.08 M | ||||
| Cash Per Share | 0.23 X | ||||
| Total Debt | 302.12 M | ||||
| Debt To Equity | 1.36 % | ||||
| Current Ratio | 0.40 X | ||||
| Book Value Per Share | 11.36 X | ||||
| Cash Flow From Operations | 71.05 M | ||||
| Short Ratio | 845.22 X | ||||
| Earnings Per Share | 0.49 X | ||||
| Target Price | 10.7 | ||||
| Beta | 1.68 | ||||
| Market Capitalization | 624.27 M | ||||
| Total Asset | 2.24 B | ||||
| Retained Earnings | 96.83 M | ||||
| Working Capital | (291.19 M) | ||||
| Annual Yield | 0.08 % | ||||
| Net Asset | 2.24 B | ||||
| Last Dividend Paid | 0.86 |
About Slate Grocery Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Slate Grocery REIT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Slate Grocery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Slate Grocery REIT based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Slate Grocery
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Slate Grocery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Slate Grocery will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Slate Grocery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Slate Grocery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Slate Grocery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Slate Grocery REIT to buy it.
The correlation of Slate Grocery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Slate Grocery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Slate Grocery REIT moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Slate Grocery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Slate Stock Analysis
When running Slate Grocery's price analysis, check to measure Slate Grocery'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 Slate Grocery is operating at the current time. Most of Slate Grocery's value examination focuses on studying past and present price action to predict the probability of Slate Grocery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Slate Grocery's price. Additionally, you may evaluate how the addition of Slate Grocery to your portfolios can decrease your overall portfolio volatility.