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Granite Real Estate (TSE:GRT.UN)
TSX:GRT.UN
Total Valuation
Granite Real Estate has a market cap or net worth of C$5.41B. The enterprise value is C$8.69B.
Market CapC$5.41B
Enterprise ValueC$8.69B
Share Statistics
Granite Real Estate has 60,600,624 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding60,600,624
Owned by Insiders0.35%
Owned by Institutions21.15%
Financial Efficiency
Granite Real Estate’s return on equity (ROE) is 0.06 and return on invested capital (ROIC) is 4.52%.
Return on Equity (ROE)0.06
Return on Assets (ROA)0.04
Return on Invested Capital (ROIC)4.52%
Return on Capital Employed (ROCE)0.05
Revenue Per Employee8.84M
Profits Per Employee4.89M
Employee Count70
Asset Turnover0.06
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Granite Real Estate is 14.6. Granite Real Estate’s PEG ratio is -6.95.
PE Ratio14.6
PS Ratio8.07
PB Ratio0.91
Price to Fair Value0.91
Price to FCF12.88
Price to Operating Cash Flow13.94
PEG Ratio-6.95
Income Statement
In the last 12 months, Granite Real Estate had revenue of 618.70M and earned 342.34M in profits. Earnings per share was 5.60.
Revenue618.70M
Gross Profit507.07M
Operating Income463.52M
Pretax Income361.30M
Net Income342.34M
EBITDA459.39M
Earnings Per Share (EPS)5.60
Cash Flow
In the last 12 months, operating cash flow was 388.08M and capital expenditures -108.67M, giving a free cash flow of 387.92M billion.
Operating Cash Flow388.08M
Free Cash Flow387.92M
Free Cash Flow per Share6.40
Dividends & Yields
Granite Real Estate pays an annual dividend of C$0.283, resulting in a dividend yield of 4.18%
Dividend Per ShareC$0.283
Dividend Yield4.18%
Payout Ratio66.33%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.85
52-Week Price Change37.03%
50-Day Moving Average86.43
200-Day Moving Average76.74
Relative Strength Index (RSI)55.48
Average Volume (3m)85.21K
Important Dates
Granite Real Estate upcoming earnings date is May 13, 2026, After Close (Confirmed).
Last Earnings DateFeb 25, 2026
Next Earnings DateMay 13, 2026
Ex-Dividend Date―
Financial Position
Granite Real Estate as a current ratio of 0.39, with Debt / Equity ratio of 60.72%
Current Ratio0.39
Quick Ratio0.39
Debt to Market Cap0.66
Net Debt to EBITDA7.15
Interest Coverage Ratio4.78
Taxes
In the past 12 months, Granite Real Estate has paid 18.50M in taxes.
Income Tax18.50M
Effective Tax Rate0.05
Enterprise Valuation
Granite Real Estate EV to EBITDA ratio is 18.01, with an EV/FCF ratio of 21.35.
EV to Sales13.37
EV to EBITDA18.01
EV to Free Cash Flow21.35
EV to Operating Cash Flow21.35
Balance Sheet
Granite Real Estate has C$139.59M in cash and marketable securities with C$3.34B in debt, giving a net cash position of -C$3.21B billion.
Cash & Marketable SecuritiesC$139.59M
Total DebtC$3.34B
Net Cash-C$3.21B
Net Cash Per Share-C$52.89
Tangible Book Value Per ShareC$90.31
Margins
Gross margin is 82.25%, with operating margin of 74.92%, and net profit margin of 55.33%.
Gross Margin82.25%
Operating Margin74.92%
Pretax Margin58.40%
Net Profit Margin55.33%
EBITDA Margin74.25%
EBIT Margin74.06%
Analyst Forecast
The average price target for Granite Real Estate is C$98.20, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price TargetC$98.20
Price Target Upside10.15% Upside
Analyst ConsensusStrong Buy
Analyst Count6
Revenue Growth Forecast9.81%
EPS Growth Forecast-3.42%