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Slate Office REIT (SOT.UN) Competitors

C$0.34
+0.01 (+3.03%)
(As of 07/26/2024 ET)

SOT.UN vs. INO.UN, OPI, DRG.UN, AP.UN, D.UN, HMT, UFC, MPC, MR.UN, and YAK

Should you be buying Slate Office REIT stock or one of its competitors? The main competitors of Slate Office REIT include Inovalis Real Estate Investment Trust (INO.UN), Office Properties Income Trust (OPI), Dream Global REIT (DRG.UN), Allied Properties Real Estate Investment Trust (AP.UN), Dream Office Real Estate Investment Trst (D.UN), Halmont Properties (HMT), Urbanfund (UFC), Madison Pacific Properties (MPC), Melcor Real Estate Investment Trust (MR.UN), and Mongolia Growth Group (YAK). These companies are all part of the "real estate" sector.

Slate Office REIT vs.

Slate Office REIT (TSE:SOT.UN) and Inovalis Real Estate Investment Trust (TSE:INO.UN) are both small-cap real estate companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, community ranking, dividends, valuation, earnings, analyst recommendations, media sentiment, risk and institutional ownership.

Slate Office REIT has a net margin of -66.21% compared to Inovalis Real Estate Investment Trust's net margin of -151.62%. Inovalis Real Estate Investment Trust's return on equity of -11.19% beat Slate Office REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Slate Office REIT-66.21% -23.31% 2.62%
Inovalis Real Estate Investment Trust -151.62%-11.19%0.34%

Slate Office REIT currently has a consensus price target of C$0.64, suggesting a potential upside of 91.90%. Inovalis Real Estate Investment Trust has a consensus price target of C$1.25, suggesting a potential upside of 0.81%. Given Slate Office REIT's higher probable upside, analysts plainly believe Slate Office REIT is more favorable than Inovalis Real Estate Investment Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Slate Office REIT
5 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.29
Inovalis Real Estate Investment Trust
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

4.4% of Slate Office REIT shares are owned by institutional investors. Comparatively, 8.9% of Inovalis Real Estate Investment Trust shares are owned by institutional investors. 20.1% of Slate Office REIT shares are owned by company insiders. Comparatively, 0.6% of Inovalis Real Estate Investment Trust shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Slate Office REIT has a beta of 0.93, suggesting that its share price is 7% less volatile than the S&P 500. Comparatively, Inovalis Real Estate Investment Trust has a beta of 1.59, suggesting that its share price is 59% more volatile than the S&P 500.

Inovalis Real Estate Investment Trust has lower revenue, but higher earnings than Slate Office REIT. Inovalis Real Estate Investment Trust is trading at a lower price-to-earnings ratio than Slate Office REIT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Slate Office REITC$198.79M0.13-C$131.62M-C$1.64-0.20
Inovalis Real Estate Investment TrustC$19.58M2.06-C$29.69M-C$0.91-1.36

Slate Office REIT received 217 more outperform votes than Inovalis Real Estate Investment Trust when rated by MarketBeat users. Likewise, 61.25% of users gave Slate Office REIT an outperform vote while only 60.58% of users gave Inovalis Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
Slate Office REITOutperform Votes
343
61.25%
Underperform Votes
217
38.75%
Inovalis Real Estate Investment TrustOutperform Votes
126
60.58%
Underperform Votes
82
39.42%

In the previous week, Slate Office REIT had 2 more articles in the media than Inovalis Real Estate Investment Trust. MarketBeat recorded 3 mentions for Slate Office REIT and 1 mentions for Inovalis Real Estate Investment Trust. Slate Office REIT's average media sentiment score of 0.00 equaled Inovalis Real Estate Investment Trust'saverage media sentiment score.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Slate Office REIT
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Inovalis Real Estate Investment Trust
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Slate Office REIT pays an annual dividend of C$0.12 per share and has a dividend yield of 35.8%. Inovalis Real Estate Investment Trust pays an annual dividend of C$0.41 per share and has a dividend yield of 33.1%. Slate Office REIT pays out -7.3% of its earnings in the form of a dividend. Inovalis Real Estate Investment Trust pays out -45.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

Slate Office REIT beats Inovalis Real Estate Investment Trust on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SOT.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SOT.UN vs. The Competition

MetricSlate Office REITREIT IndustryReal Estate SectorTSE Exchange
Market CapC$26.82MC$750.13MC$1.33BC$5.50B
Dividend Yield19.35%12.62%7.60%5.96%
P/E Ratio-0.201.27242.4924.28
Price / Sales0.13296.111,604.031,608.71
Price / Cash9.6161.2054.9179.93
Price / Book0.050.391.353.49
Net Income-C$131.62M-C$249.06M-C$73.68MC$286.95M
7 Day Performance19.64%2.07%0.10%0.72%
1 Month Performance45.65%4.86%2.88%5.67%
1 Year Performance-82.55%-16.98%-0.72%27.40%

Slate Office REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INO.UN
Inovalis Real Estate Investment Trust
0.0686 of 5 stars
0.07 / 5 stars
C$1.20
+7.1%
C$1.25
+4.2%
-68.0%C$39.11MC$19.58M-1.321
OPI
Office Properties Income Trust
0 of 5 stars
0.00 / 5 stars
N/AN/AN/A$0.00N/A0.002,020News Coverage
High Trading Volume
DRG.UN
Dream Global REIT
0 of 5 stars
0.00 / 5 stars
N/AN/AN/AC$3.27BC$500.82M4.7865
AP.UN
Allied Properties Real Estate Investment Trust
2.8515 of 5 stars
2.85 / 5 stars
C$17.02
-0.6%
C$19.78
+16.2%
-22.5%C$2.18BC$576.88M-4.46362News Coverage
D.UN
Dream Office Real Estate Investment Trst
0.6729 of 5 stars
0.67 / 5 stars
C$18.22
-0.8%
C$16.94
-7.0%
+32.7%C$297.53MC$162.63M-6.26235News Coverage
HMT
Halmont Properties
0 of 5 stars
0.00 / 5 stars
C$0.88
+1.1%
N/A-19.3%C$73.87MC$15.89M44.00N/A
UFC
Urbanfund
0 of 5 stars
0.00 / 5 stars
C$0.79
-6.0%
N/A-16.7%C$42.08MC$11.72M7.18N/ANews Coverage
Gap Up
High Trading Volume
MPC
Madison Pacific Properties
0 of 5 stars
0.00 / 5 stars
C$5.37
flat
N/A-16.9%C$39.52MC$43.12M-6.7111
MR.UN
Melcor Real Estate Investment Trust
0.2404 of 5 stars
0.24 / 5 stars
C$3.00
-0.7%
C$3.25
+8.3%
-36.8%C$38.88MC$73.90M-17.65N/APositive News
YAK
Mongolia Growth Group
0 of 5 stars
0.00 / 5 stars
C$1.46
-6.4%
N/A+24.6%C$38.09MC$3.32M8.11N/AGap Down

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This page (TSE:SOT.UN) was last updated on 7/26/2024 by MarketBeat.com Staff

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