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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$4.34B. The enterprise value is C$7.14B.
Market CapC$4.34B
Enterprise ValueC$7.14B
Share Statistics
Granite Real Estate has 61,320,496 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding61,320,496
Owned by Insiders0.35%
Owned by Institutions26.05%
Financial Efficiency
Granite Real Estate’s return on equity (ROE) is 0.06 and return on invested capital (ROIC) is 4.23%.
Return on Equity (ROE)0.06
Return on Assets (ROA)0.04
Return on Invested Capital (ROIC)4.23%
Return on Capital Employed (ROCE)0.05
Revenue Per Employee8.13M
Profits Per Employee5.15M
Employee Count70
Asset Turnover0.06
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Granite Real Estate is 12.13. Granite Real Estate’s PEG ratio is -1.08.
PE Ratio12.13
PS Ratio0.00
PB Ratio0.74
Price to Fair Value0.76
Price to FCF11.39
Price to Operating Cash Flow11.57
PEG Ratio-1.08
Income Statement
In the last 12 months, Granite Real Estate had revenue of 569.14M and earned 360.61M in profits. Earnings per share was 5.75.
Revenue569.14M
Gross Profit471.99M
Operating Income435.26M
Pretax Income392.76M
Net Income360.61M
EBITDA480.48M
Earnings Per Share (EPS)5.75
Cash Flow
In the last 12 months, operating cash flow was 363.56M and capital expenditures -57.00K, giving a free cash flow of 363.48M billion.
Operating Cash Flow363.56M
Free Cash Flow363.48M
Free Cash Flow per Share5.93
Dividends & Yields
Granite Real Estate pays an annual dividend of C$0.283, resulting in a dividend yield of 4.81%
Dividend Per ShareC$0.283
Dividend Yield4.81%
Payout Ratio66.85%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.96
52-Week Price Change10.57%
50-Day Moving Average64.88
200-Day Moving Average69.58
Relative Strength Index (RSI)61.50
Average Volume (3m)88.37K
Important Dates
Granite Real Estate upcoming earnings date is Aug 6, 2025, TBA Not Confirmed.
Last Earnings DateMay 7, 2025
Next Earnings DateAug 6, 2025
Ex-Dividend DateMay 30, 2025
Financial Position
Granite Real Estate as a current ratio of 1.07, with Debt / Equity ratio of 55.19%
Current Ratio1.07
Quick Ratio1.07
Debt to Market Cap0.70
Net Debt to EBITDA6.22
Interest Coverage Ratio5.04
Taxes
In the past 12 months, Granite Real Estate has paid 30.87M in taxes.
Income Tax30.87M
Effective Tax Rate0.08
Enterprise Valuation
Granite Real Estate EV to EBITDA ratio is 15.32, with an EV/FCF ratio of 21.75.
EV to Sales12.94
EV to EBITDA15.32
EV to Free Cash Flow21.75
EV to Operating Cash Flow21.74
Balance Sheet
Granite Real Estate has C$123.06M in cash and marketable securities with C$3.13B in debt, giving a net cash position of C$3.00B billion.
Cash & Marketable SecuritiesC$123.06M
Total DebtC$3.13B
Net CashC$3.00B
Net Cash Per ShareC$48.98
Tangible Book Value Per ShareC$91.46
Margins
Gross margin is 82.55%, with operating margin of 76.48%, and net profit margin of 63.36%.
Gross Margin82.55%
Operating Margin76.48%
Pretax Margin69.01%
Net Profit Margin63.36%
EBITDA Margin84.42%
EBIT Margin84.20%
Analyst Forecast
The average price target for Granite Real Estate is C$80.00, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price TargetC$80.00
Price Target Upside11.78% Upside
Analyst ConsensusStrong Buy
Analyst Count4
Revenue Growth Forecast10.23%
EPS Growth Forecast47.96%