Granite Real Estate Investment Trust Logo

Granite Real Estate Investment Trust

GRT-UN.TO

()
Stock Price

76,25 CAD

93.81% ROA

4.28% ROE

21.86x PER

Market Cap.

5.000.385.970,00 CAD

57.04% DER

4.12% Yield

42.5% NPM

Granite Real Estate Investment Trust Stock Analysis

Granite Real Estate Investment Trust Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Granite Real Estate Investment Trust Fundamental Stock Analysis
# Analysis Rating

Granite Real Estate Investment Trust Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Granite Real Estate Investment Trust Technical Stock Analysis
# Analysis Recommendation

Granite Real Estate Investment Trust Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Granite Real Estate Investment Trust Revenue
Year Revenue Growth
2000 662.374.135
2001 877.518.479 24.52%
2002 986.199.736 11.02%
2003 1.055.495.481 6.57%
2004 1.026.480.686 -2.83%
2005 909.919.797 -12.81%
2006 1.009.941.519 9.9%
2007 786.922.036 -28.34%
2008 942.548.245 16.51%
2009 384.634.384 -145.05%
2010 358.417.337 -7.31%
2011 186.790.929 -91.88%
2012 181.115.000 -3.13%
2013 203.247.000 10.89%
2014 207.410.000 2.01%
2015 216.299.000 4.11%
2016 223.401.000 3.18%
2017 222.638.000 -0.34%
2018 247.483.000 10.04%
2019 273.678.000 9.57%
2020 340.199.000 19.55%
2021 393.488.000 13.54%
2022 455.579.000 13.63%
2023 521.250.000 12.6%
2024 561.028.000 7.09%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Granite Real Estate Investment Trust Research and Development Expenses
Year Research and Development Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 1 100%
2017 2 0%
2018 2 50%
2019 2 -100%
2020 1 0%
2021 4 66.67%
2022 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Granite Real Estate Investment Trust General and Administrative Expenses
Year General and Administrative Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 104.558.555 100%
2009 55.570.644 -88.15%
2010 76.536.243 27.39%
2011 0 0%
2012 30.930.000 100%
2013 24.834.000 -24.55%
2014 28.061.000 11.5%
2015 28.317.000 0.9%
2016 27.960.000 -1.28%
2017 26.066.000 -7.27%
2018 29.404.000 11.35%
2019 31.419.000 6.41%
2020 31.635.000 0.68%
2021 37.770.000 16.24%
2022 28.598.000 -32.07%
2023 40.445.000 29.29%
2024 29.864.000 -35.43%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Granite Real Estate Investment Trust EBITDA
Year EBITDA Growth
2000 63.116.954
2001 110.585.298 42.92%
2002 69.691.555 -58.68%
2003 333.318.811 79.09%
2004 54.643.819 -509.98%
2005 45.811.832 -19.28%
2006 -64.510.743 171.01%
2007 77.355.284 183.4%
2008 162.450.028 52.38%
2009 176.749.432 8.09%
2010 60.760.720 -190.89%
2011 135.978.822 55.32%
2012 145.011.000 6.23%
2013 172.572.000 15.97%
2014 143.866.000 -19.95%
2015 181.010.000 20.52%
2016 176.008.000 -2.84%
2017 181.727.000 3.15%
2018 188.156.000 3.42%
2019 211.664.000 11.11%
2020 260.975.000 18.89%
2021 293.515.000 11.09%
2022 346.734.000 15.35%
2023 395.653.000 12.36%
2024 429.456.000 7.87%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Granite Real Estate Investment Trust Gross Profit
Year Gross Profit Growth
2000 662.374.135
2001 877.518.479 24.52%
2002 986.199.736 11.02%
2003 262.045.788 -276.35%
2004 216.324.086 -21.14%
2005 210.525.097 -2.75%
2006 238.508.236 11.73%
2007 219.065.609 -8.88%
2008 266.036.200 17.66%
2009 240.737.714 -10.51%
2010 166.786.681 -44.34%
2011 183.645.228 9.18%
2012 175.421.000 -4.69%
2013 197.673.000 11.26%
2014 200.534.000 1.43%
2015 209.237.000 4.16%
2016 215.763.000 3.02%
2017 213.338.000 -1.14%
2018 216.541.000 1.48%
2019 238.314.000 9.14%
2020 293.035.000 18.67%
2021 332.676.000 11.92%
2022 380.358.000 12.54%
2023 435.238.000 12.61%
2024 465.720.000 6.55%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Granite Real Estate Investment Trust Net Profit
Year Net Profit Growth
2000 25.660.943
2001 52.866.471 51.46%
2002 16.608.970 -218.3%
2003 -41.941.178 139.6%
2004 -10.218.040 -310.46%
2005 7.618.160 234.13%
2006 69.783.909 89.08%
2007 39.128.367 -78.35%
2008 -3.913.872 1099.74%
2009 -44.280.812 91.16%
2010 -52.020.322 14.88%
2011 159.068.737 132.7%
2012 71.337.000 -122.98%
2013 145.031.000 50.81%
2014 70.213.000 -106.56%
2015 193.334.000 63.68%
2016 279.325.000 30.79%
2017 357.702.000 21.91%
2018 465.156.000 23.1%
2019 382.079.000 -21.74%
2020 429.804.000 11.1%
2021 1.309.937.000 67.19%
2022 155.768.000 -740.95%
2023 136.662.000 -13.98%
2024 304.644.000 55.14%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Granite Real Estate Investment Trust Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2000 1
2001 1 100%
2002 0 0%
2003 -1 0%
2004 0 0%
2005 0 0%
2006 1 100%
2007 1 0%
2008 0 0%
2009 -1 0%
2010 -1 100%
2011 3 133.33%
2012 3 0%
2013 3 0%
2014 1 -200%
2015 4 75%
2016 6 20%
2017 8 28.57%
2018 10 30%
2019 8 -42.86%
2020 8 0%
2021 20 65%
2022 2 -900%
2023 2 0%
2024 5 50%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Granite Real Estate Investment Trust Free Cashflow
Year Free Cashflow Growth
2001 -14.827.702
2002 -376.751.276 96.06%
2003 -166.481.230 -126.3%
2004 -188.703.620 11.78%
2005 -171.063.064 -10.31%
2006 -85.544.374 -99.97%
2007 -31.441.103 -172.08%
2008 21.863.405 243.81%
2009 86.859.039 74.83%
2010 73.524.761 -18.14%
2011 64.949.894 -13.2%
2012 114.805.000 43.43%
2013 98.368.000 -16.71%
2014 48.704.000 -101.97%
2015 133.110.000 63.41%
2016 140.482.000 5.25%
2017 74.984.000 -87.35%
2018 124.600.000 39.82%
2019 152.959.000 18.54%
2020 179.034.000 14.56%
2021 261.675.000 31.58%
2022 276.689.000 5.43%
2023 312.896.000 11.57%
2024 76.660.000 -308.16%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Granite Real Estate Investment Trust Operating Cashflow
Year Operating Cashflow Growth
2001 123.733.461
2002 43.983.072 -181.32%
2003 113.230.308 61.16%
2004 82.124.025 -37.88%
2005 82.799.061 0.82%
2006 61.892.168 -33.78%
2007 75.731.873 18.27%
2008 104.144.775 27.28%
2009 109.926.652 5.26%
2010 88.817.208 -23.77%
2011 116.348.055 23.66%
2012 116.646.000 0.26%
2013 127.894.000 8.79%
2014 92.863.000 -37.72%
2015 159.844.000 41.9%
2016 159.991.000 0.09%
2017 158.677.000 -0.83%
2018 157.888.000 -0.5%
2019 183.431.000 13.93%
2020 244.321.000 24.92%
2021 262.264.000 6.84%
2022 277.496.000 5.49%
2023 313.181.000 11.39%
2024 76.638.000 -308.65%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Granite Real Estate Investment Trust Capital Expenditure
Year Capital Expenditure Growth
2001 138.561.163
2002 420.734.348 67.07%
2003 279.711.538 -50.42%
2004 270.827.645 -3.28%
2005 253.862.125 -6.68%
2006 147.436.542 -72.18%
2007 107.172.976 -37.57%
2008 82.281.370 -30.25%
2009 23.067.613 -256.7%
2010 15.292.446 -50.84%
2011 51.398.161 70.25%
2012 1.841.000 -2691.86%
2013 29.526.000 93.76%
2014 44.159.000 33.14%
2015 26.734.000 -65.18%
2016 19.509.000 -37.03%
2017 83.693.000 76.69%
2018 33.288.000 -151.42%
2019 30.472.000 -9.24%
2020 65.287.000 53.33%
2021 589.000 -10984.38%
2022 807.000 27.01%
2023 285.000 -183.16%
2024 -22.000 1395.45%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Granite Real Estate Investment Trust Equity
Year Equity Growth
2000 1.954.199.382
2001 2.089.674.339 6.48%
2002 2.726.605.737 23.36%
2003 2.483.040.740 -9.81%
2004 2.325.089.440 -6.79%
2005 2.078.231.870 -11.88%
2006 2.164.990.181 4.01%
2007 1.873.557.653 -15.56%
2008 2.012.815.772 6.92%
2009 1.664.409.428 -20.93%
2010 1.492.618.780 -11.51%
2011 912.818.924 -63.52%
2012 878.041.999 -3.96%
2013 1.676.510.000 47.63%
2014 1.636.243.000 -2.46%
2015 1.858.787.000 11.97%
2016 1.949.736.000 4.66%
2017 2.137.862.000 8.8%
2018 2.496.985.000 14.38%
2019 3.148.110.000 20.68%
2020 3.922.204.000 19.74%
2021 5.321.534.000 26.3%
2022 5.480.347.000 2.9%
2023 5.283.641.000 -3.72%
2024 5.436.114.000 2.8%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Granite Real Estate Investment Trust Assets
Year Assets Growth
2000 2.339.780.813
2001 2.635.355.732 11.22%
2002 3.649.260.025 27.78%
2003 3.413.181.790 -6.92%
2004 3.654.356.321 6.6%
2005 3.334.671.122 -9.59%
2006 3.289.668.606 -1.37%
2007 2.871.127.100 -14.58%
2008 3.140.528.133 8.58%
2009 2.008.495.912 -56.36%
2010 1.944.639.092 -3.28%
2011 1.250.309.453 -55.53%
2012 1.218.205.000 -2.64%
2013 2.468.633.000 50.65%
2014 2.447.758.000 -0.85%
2015 2.731.837.000 10.4%
2016 2.911.642.000 6.18%
2017 3.206.433.000 9.19%
2018 4.188.755.000 23.45%
2019 4.803.956.000 12.81%
2020 6.747.472.000 28.8%
2021 8.566.697.000 21.24%
2022 9.280.354.000 7.69%
2023 9.066.377.000 -2.36%
2024 9.271.644.000 2.21%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Granite Real Estate Investment Trust Liabilities
Year Liabilities Growth
2000 385.581.430
2001 545.681.392 29.34%
2002 922.654.287 40.86%
2003 930.141.049 0.8%
2004 1.329.266.880 30.03%
2005 1.256.439.251 -5.8%
2006 1.124.678.424 -11.72%
2007 997.569.445 -12.74%
2008 1.127.712.361 11.54%
2009 344.086.483 -227.74%
2010 452.020.311 23.88%
2011 337.490.529 -33.94%
2012 341.204.000 1.09%
2013 792.123.000 56.93%
2014 811.515.000 2.39%
2015 873.050.000 7.05%
2016 961.906.000 9.24%
2017 1.068.571.000 9.98%
2018 1.691.770.000 36.84%
2019 1.655.846.000 -2.17%
2020 2.825.268.000 41.39%
2021 3.245.163.000 12.94%
2022 3.800.007.000 14.6%
2023 3.782.736.000 -0.46%
2024 3.835.530.000 1.38%

Granite Real Estate Investment Trust Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
8.58
Net Income per Share
3.65
Price to Earning Ratio
21.86x
Price To Sales Ratio
9.25x
POCF Ratio
15.62
PFCF Ratio
15.56
Price to Book Ratio
0.92
EV to Sales
14.86
EV Over EBITDA
19.36
EV to Operating CashFlow
24.98
EV to FreeCashFlow
24.99
Earnings Yield
0.05
FreeCashFlow Yield
0.06
Market Cap
5,00 Bil.
Enterprise Value
8,03 Bil.
Graham Number
84.08
Graham NetNet
-59.22

Income Statement Metrics

Net Income per Share
3.65
Income Quality
1.39
ROE
0.04
Return On Assets
0.02
Return On Capital Employed
0.05
Net Income per EBT
0.96
EBT Per Ebit
0.58
Ebit per Revenue
0.77
Effective Tax Rate
0.03

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.83
Operating Profit Margin
0.77
Pretax Profit Margin
0.44
Net Profit Margin
0.42

Dividends

Dividend Yield
0.04
Dividend Yield %
4.12
Payout Ratio
0.9
Dividend Per Share
3.28

Operating Metrics

Operating Cashflow per Share
5.1
Free CashFlow per Share
5.1
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0.17
Return on Invested Capital
0.05
Return on Tangible Assets
0.94
Days Sales Outstanding
8.64
Days Payables Outstanding
13.53
Days of Inventory on Hand
-49.3
Receivables Turnover
42.24
Payables Turnover
26.99
Inventory Turnover
-7.4
Capex per Share
0

Balance Sheet

Cash per Share
1,61
Book Value per Share
86,29
Tangible Book Value per Share
-56.99
Shareholders Equity per Share
86.18
Interest Debt per Share
50.44
Debt to Equity
0.57
Debt to Assets
0.33
Net Debt to EBITDA
7.3
Current Ratio
0.35
Tangible Asset Value
-3,59 Bil.
Net Current Asset Value
-3,70 Bil.
Invested Capital
8775371000
Working Capital
-0,26 Bil.
Intangibles to Total Assets
0.97
Average Receivables
0,01 Bil.
Average Payables
0,01 Bil.
Average Inventory
-12669999
Debt to Market Cap
0.62

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Granite Real Estate Investment Trust Dividends
Year Dividends Growth
2004 1
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 2 100%
2013 2 0%
2014 2 0%
2015 1 -100%
2016 2 50%
2017 3 0%
2018 3 33.33%
2019 3 -50%
2020 3 0%
2021 3 33.33%
2022 3 0%
2023 3 0%
2024 2 -50%

Granite Real Estate Investment Trust Profile

About Granite Real Estate Investment Trust

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 108 investment properties representing approximately 45.3 million square feet of leasable area.

CEO
Mr. Kevan S. Gorrie ICD.D, P.
Employee
69
Address
Toronto-Dominion Centre
Toronto, M5K 1H1

Granite Real Estate Investment Trust Executives & BODs

Granite Real Estate Investment Trust Executives & BODs
# Name Age
1 Mr. Witsard Schaper
Senior Vice President & Head of Europe
70
2 Mr. Lawrence Clarfield
Executive Vice President, General Counsel & Corporate Secretary
70
3 Mr. Keith Stephen
Vice President of Sustainability & Environment
70
4 Mr. Kevan S. Gorrie ICD.D, P. Eng
President, Chief Executive Officer & Trustee
70
5 Mr. Michael A. Ramparas
Executive Vice President of Global Real Estate & Head of Investments
70
6 Mr. Lorne Kumer
Executive Vice President & Head of Global Real Estate
70
7 Mr. Jon Sorg
Senior Vice President & Head of U.S.
70
8 Ms. Kristy Boys
Senior Vice President of Finance
70
9 Ms. Teresa Neto CA
Chief Financial Officer
70
10 Andrea Sanelli
Manager of Legal & Investor Services
70

Granite Real Estate Investment Trust Competitors