Slate Grocery REIT

Real Estate CA SGR.U

12.11CAD
-0.13(1.06%)

Last update at 2026-06-22T19:34:00Z

Day Range

11.9712.29

LowHigh

52 Week Range

6.8111.23

LowHigh

Fundamentals

Previous Close 12.24
Market Cap548.03M
Volume902
P/E Ratio22.59
Dividend Yield9.33%
Revenue TTM204.60M
Revenue Per Share TTM3.35
Gross Profit TTM 156.68M
Diluted EPS TTM0.41

Overview
Financials
Peer Comparison
Reports
Stock Research & News
Profile

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31
Income before tax	173.71M	127.21M	55.26M	40.36M	-10.91300M
Minority interest	-10.87100M	-0.52300M	-	-	-
Net income	128.80M	90.87M	41.26M	30.79M	-6.89200M
Selling general administrative	13.31M	9.30M	8.26M	8.65M	8.70M
Selling and marketing expenses	-	-	-	-	-
Gross profit	127.41M	100.86M	91.50M	100.28M	103.70M
Reconciled depreciation	-	-	-	-	-
Ebit	141.73M	110.93M	79.42M	89.72M	93.40M
Ebitda	215.05M	150.55M	77.40M	77.55M	26.01M
Depreciation and amortization	-	-	-	-	-
Non operating income net other	-	-	-	-	-
Operating income	113.35M	91.13M	82.86M	90.45M	94.50M
Other operating expenses	0.76M	0.43M	0.39M	1.18M	10.31M
Interest expense	41.34M	23.34M	22.13M	37.19M	36.93M
Tax provision	34.04M	35.82M	14.00M	9.56M	-4.02100M
Interest income	0.04M	0.10M	0.48M	0.51M	1.30M
Net interest income	-43.29500M	-30.08400M	-23.86500M	-38.65700M	-37.49100M
Extraordinary items	-	-	-	-	-
Non recurring	-	-	-	-	-
Other items	-	-	-	-	-
Income tax expense	34.04M	35.82M	14.00M	9.56M	-4.02100M
Total revenue	177.49M	138.28M	126.13M	141.31M	144.21M
Total operating expenses	64.14M	47.15M	43.27M	50.87M	49.71M
Cost of revenue	50.07M	37.42M	34.63M	41.03M	40.51M
Total other income expense net	103.66M	66.17M	-3.72900M	-11.43600M	-67.92500M
Discontinued operations	-	-	-	-	-
Net income from continuing ops	139.68M	91.39M	41.26M	30.79M	-6.89200M
Net income applicable to common shares	128.00M	86.91M	41.60M	26.32M	2.46M
Preferred stock and other adjustments	-	-	-	-	-

Breakdown	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31
Total assets	2270.40M	1737.16M	1323.55M	1315.08M	1416.33M
Intangible assets	-	-	-	-	-
Earning assets	-	-	-	-	-
Other current assets	9.15M	7.72M	21.02M	2.93M	5.05M
Total liab	1339.30M	1113.24M	870.84M	911.65M	978.53M
Total stockholder equity	740.51M	619.02M	452.72M	403.43M	437.80M
Deferred long term liab	-	-	-	-	-
Other current liab	26.47M	21.57M	11.82M	13.35M	13.00M
Common stock	596.70M	576.54M	463.60M	407.55M	419.01M
Capital stock	596.70M	576.54M	463.60M	407.55M	419.01M
Retained earnings	133.31M	57.14M	14.43M	8.70M	18.14M
Other liab	154.94M	109.91M	72.33M	65.04M	60.43M
Good will	-	-	-	-	-
Other assets	1.19M	1.45M	6.29M	2.29M	2.51M
Cash	20.39M	14.04M	2.36M	2.41M	1.11M
Cash and equivalents	-	-	-	-	-
Total current liabilities	134.65M	52.44M	30.94M	105.17M	30.54M
Current deferred revenue	-	-	-	-	-
Net debt	1111.10M	923.71M	724.01M	786.98M	870.45M
Short term debt	-	-	-	-	-
Short long term debt	91.87M	8.53M	5.11M	80.45M	3.04M
Short long term debt total	-	-	-	-	-
Other stockholder equity	10.49M	-14.65700M	-25.31600M	-12.82400M	0.65M
Property plant equipment	2087.43M	1608.65M	1277.18M	1288.54M	1382.95M
Total current assets	55.91M	39.76M	36.61M	17.44M	28.05M
Long term investments	109.46M	87.30M	3.47M	5.05M	-
Net tangible assets	740.51M	619.02M	452.72M	403.43M	437.80M
Short term investments	-	-	-	-	-
Net receivables	24.05M	18.00M	13.22M	12.10M	21.89M
Long term debt	1039.62M	929.22M	721.26M	708.94M	868.52M
Inventory	-	-	-	-	-
Accounts payable	16.32M	12.78M	13.74M	11.37M	14.50M
Total permanent equity	-	-	-	-	-
Noncontrolling interest in consolidated entity	-	-	-	-	-
Temporary equity redeemable noncontrolling interests	-	-	-	-	-
Accumulated other comprehensive income	-	-	-	-	-
Additional paid in capital	-	-	-	-	-
Common stock total equity	-	-	-	-	-
Preferred stock total equity	-	-	-	-	-
Retained earnings total equity	-	-	-	-	-
Treasury stock	-	-	-	-	-
Accumulated amortization	-	-	-	-	-
Non currrent assets other	0.17M	0.03M	4.43M	0.03M	0.03M
Deferred long term asset charges	-	-	-	-	-
Non current assets total	2214.49M	1697.40M	1286.94M	1297.64M	1388.28M
Capital lease obligations	-	-	-	-	-
Long term debt total	-	-	-	-	-

Breakdown	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31
Investments	7.12M	-63.34100M	-63.34100M	6.75M	6.75M
Change to liabilities	0.00000M	0.00000M	0.00000M	0.00000M	0.00000M
Total cashflows from investing activities	-381.74300M	-190.85300M	5.79M	100.54M	15.78M
Net borrowings	191.66M	97.11M	-63.07800M	-83.86500M	-21.21900M
Total cash from financing activities	329.11M	151.72M	-45.19400M	-143.72000M	-79.87500M
Change to operating activities	-3.48100M	4.58M	-0.81700M	-1.37500M	4.14M
Net income	128.00M	86.91M	41.60M	26.32M	2.46M
Change in cash	6.35M	11.68M	-0.05000M	1.30M	-6.27300M
Begin period cash flow	14.04M	2.36M	2.41M	1.11M	7.38M
End period cash flow	20.39M	14.04M	2.36M	2.41M	1.11M
Total cash from operating activities	58.99M	50.80M	39.35M	44.48M	57.82M
Issuance of capital stock	18.02M	99.10M	56.05M	-	0.00000M
Depreciation	-	-	-	-	-
Other cashflows from investing activities	-0.12400M	19.68M	-22.34500M	-0.29500M	-0.02600M
Dividends paid	51.71M	43.38M	35.42M	35.91M	35.55M
Change to inventory	-	-	-	-	-
Change to account receivables	-	-	-	-	-
Sale purchase of stock	-	-	0.00000M	-22.29600M	-21.23400M
Other cashflows from financing activities	171.14M	-1.10300M	-2.75200M	-1.64900M	-1.87500M
Change to netincome	-67.84600M	-42.68300M	-3.73500M	17.47M	49.28M
Capital expenditures	7.04M	4.69M	2.74M	2.51M	5.55M
Change receivables	-	-	-	-	-
Cash flows other operating	-	-	-	-	-
Exchange rate changes	-	-	-	-	-
Cash and cash equivalents changes	-	-	-	-	-
Change in working capital	-3.48100M	4.58M	-0.81700M	-1.37500M	4.14M
Stock based compensation	-	-	-	-	-
Other non cash items	47.57M	40.28M	31.97M	39.67M	23.50M
Free cash flow	51.95M	46.12M	36.61M	41.96M	52.27M

Peer Comparison

Sector: Real Estate Industry: REIT - Retail

Company	Change (CAD)	Price (CAD)	Trailing PE (x)	Forward PE (x)	Price Sales TTM (x)	Price to Book Value (x)	Enterprise Value to Revenue (x)	Enterprise Value to EBITDA (x)
SGR-U Slate Grocery REIT	-0.13 1.06%	12.11	22.59	6.63	2.68	0.78	8.26	16.54
CHP-UN Choice Properties Real Estate Investment Trust	-0.16 0.98%	16.17	15.24	13.72	7.35	0.95	8.73	9.26
REI-UN RioCan Real Estate Investment Trust	-0.1 0.44%	22.65	37.32	10.32	4.73	0.73	11.02	36.83
SRU-UN SmartCentres Real Estate Investment Trust	-0.24 0.79%	30.04	8.62	12.05	4.47	0.79	11.07	12.00
CRT-UN CT Real Estate Investment Trust	-0.27 1.48%	17.99	14.82	10.80	6.24	2.00	8.99	13.02

Reports Covered

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Profile

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.

Slate Grocery REIT

121 King Street West, Toronto, ON, Canada, M5H 3T9

416-644-4264
https://www.slategroceryreit.com

Key Executives

Name	Title	Year Born
Mr. Blair Welch C.A., CA	CEO & Trustee	1973
Mr. Andrew Agatep	Chief Financial Officer	NA
Ms. Nicole Trpcic	Mang. of HR & Operations	NA
Ms. Katie Fasken	Managing Director of Investor Relations	NA
Mr. Ramsey Ali J.D.	Corp. Sec. & Gen. Counsel	NA
Ms. Karolina Kmiecik	Director of Communications	NA
Ms. Lisa Rowe	Partner	NA
Ms. Bozena Maria Jankowska	MD & Global Head of ESG	NA
Mr. Bon Lee	Sr. VP of Taxation	NA
Mr. Connor O'Brien	Sr. VP	NA

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