Nexus is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 89 properties (including one property held for development in which the REIT has an 80% interest) comprising approximately 11.7 million square feet of gross leasable area. The REIT has approximately 94,234,000 voting units issued and outstanding, including approximately 71,128,000 REIT Units and approximately 23,106,000 Class B LP Units of subsidiary limited partnerships of Nexus, which are convertible to REIT Units on a one-to-one basis.
Metrics to compare | NXR_u | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipNXR_uPeersSector | |
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P/E Ratio | 6.9x | 8.3x | 9.1x | |
PEG Ratio | −0.11 | 0.02 | 0.01 | |
Price/Book | 0.7x | 0.8x | 0.9x | |
Price / LTM Sales | 4.1x | 6.0x | 3.9x | |
Upside (Analyst Target) | 2.8% | 15.3% | 12.5% | |
Fair Value Upside | Unlock | −1.0% | −0.4% | Unlock |