Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.

Financial Strength

4/10

Name	Current	Vs Industry
Cash-To-Debt	0.04
Equity-to-Asset	0.58
Debt-to-Equity	0.59
Debt-to-EBITDA	15.26
Interest Coverage	5.39
Piotroski F-Score	6/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	1.05	Distress Grey Safe
Beneish M-Score	-3.18	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

2/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	14.3
	3-Year EBITDA Growth Rate	-28.2
	3-Year EPS without NRI Growth Rate	8
	3-Year FCF Growth Rate	7.2
	3-Year Book Growth Rate	9.4

Momentum Rank

7/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	22.98
	9-Day RSI	26.57
	14-Day RSI	31.45
	6-1 Month Momentum %	12.82
	12-1 Month Momentum %	-10

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	0.39
	Quick Ratio	0.39
	Cash Ratio	0.3
	Days Sales Outstanding	7.96
	Days Payable	37.56

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	4.76
	Dividend Payout Ratio	0.75
	3-Year Dividend Growth Rate	3.3
	Forward Dividend Yield %	4.74
	5-Year Yield-on-Cost %	5.6
	3-Year Average Share Buyback Ratio	-0.9
	Shareholder Yield %	-1.41

Profitability Rank

8/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	83.5
	Operating Margin %	75.31
	Net Margin %	26.22
	FCF Margin %	59.97
	ROE %	2.53
	ROA %	1.49
	ROIC %	4.46
	ROC (Joel Greenblatt) %	5639.8
	ROCE %	2.33
	Years of Profitability over Past 10-Year	10

GF Value Rank

8/10

	Name	Current	Vs Industry		Vs History
	Price-to-FFO	13.16
	PE Ratio	31.46
	Forward PE Ratio	14.02
	PE Ratio without NRI	15.76
	Shiller PE Ratio	8.41
	Price-to-Owner-Earnings	36.81
	PS Ratio	8.31
	PB Ratio	0.82
	Price-to-Tangible-Book	0.82
	Price-to-Free-Cash-Flow	13.87
	Price-to-Operating-Cash-Flow	13.86
	EV-to-EBIT	35.83
	EV-to-EBITDA	35.61
	EV-to-Revenue	13.95
	EV-to-Forward-Revenue	13.3
	EV-to-FCF	23.55
	Price-to-Projected-FCF	0.65
	Price-to-Median-PS-Value	0.81
	Price-to-Graham-Number	0.76
	Earnings Yield (Greenblatt) %	2.79
	FCF Yield %	7.35
	Forward Rate of Return (Yacktman) %	8.39

Financials (Next Earnings Date:2024-05-08)

Annual Quarterly TTM

GRP.U's 30-Y Financials

AAPL

Income Statement Breakdown

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Granite Real Estate Investment Trust Operating Data

Annual Quarterly

GRP.U's Complete Operating Data

No operating data available for Granite Real Estate Investment Trust.

Guru Trades

See Details

Insider Trades

See Details

Gurus Latest Trades with NYSE:GRP.U

No Available Data

Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Granite Real Estate Investment Trust Executives

Details

GF Value: $77.98

GRP.U

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 3 Severe warning signs with GRP.U. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil $)	386.76
	EPS (TTM) ($)	1.599
	Beta	1.33
	Volatility %	28.92
	14-Day RSI	31.45
	14-Day ATR ($)	0.907517
	20-Day SMA ($)	53.737
	12-1 Month Momentum %	-10
	52-Week Range ($)	45.355 - 62.55
	Shares Outstanding (Mil)	63.36

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	6
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Granite Real Estate Investment Trust Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Granite Real Estate Investment Trust Stock Events

Financials Calendars

	Event	Date	Price($)
No Event Data

Granite Real Estate Investment Trust Frequently Asked Questions

What is Granite Real Estate Investment Trust(GRP.U)'s stock price today?

The current price of GRP.U is $50.31. The 52 week high of GRP.U is $62.55 and 52 week low is $45.36.

When is next earnings date of Granite Real Estate Investment Trust(GRP.U)?

The next earnings date of Granite Real Estate Investment Trust(GRP.U) is 2024-05-08.

Does Granite Real Estate Investment Trust(GRP.U) pay dividends? If so, how much?

The Dividend Yield % of Granite Real Estate Investment Trust(GRP.U) is 4.76% (As of Today), Highest Dividend Payout Ratio of Granite Real Estate Investment Trust(GRP.U) was 0.99. The lowest was 0.64. And the median was 0.85. The Forward Dividend Yield % of Granite Real Estate Investment Trust(GRP.U) is 4.74%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

Headlines

No news.

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