Slate Office REIT (SOT.UN) Competitors

C$0.65
-0.06 (-8.45%)
(As of 12:25 PM ET)

SOT.UN vs. INO.UN, MPC, HOT.UN, MR.UN, IVQ, TNT.UN, BRE, GDC, ERE-UN, and D.UN

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), Madison Pacific Properties (MPC), American Hotel Income Properties REIT (HOT.UN), Melcor Real Estate Investment Trust (MR.UN), Invesque (IVQ), True North Commercial REIT (TNT.UN), Bridgemarq Real Estate Services (BRE), Genesis Land Development (GDC), European Residential Real Estate Investment Trust (ERE-UN), and Dream Office Real Estate Investment Trst (D.UN). These companies are all part of the "real estate" sector.

Slate Office REIT vs.

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

Inovalis Real Estate Investment Trust pays an annual dividend of C$0.41 per share and has a dividend yield of 36.0%. Slate Office REIT pays an annual dividend of C$0.12 per share and has a dividend yield of 18.5%. Inovalis Real Estate Investment Trust pays out -38.3% of its earnings in the form of a dividend. Slate Office REIT pays out -8.5% 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. Inovalis Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Inovalis Real Estate Investment Trust has higher earnings, but lower revenue 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
Inovalis Real Estate Investment TrustC$26.22M1.42-C$35.16M-C$1.07-1.07
Slate Office REITC$197.62M0.26-C$113.12M-C$1.41-0.46

Inovalis Real Estate Investment Trust has a beta of 1.58, indicating that its share price is 58% more volatile than the S&P 500. Comparatively, Slate Office REIT has a beta of 0.94, indicating that its share price is 6% less volatile than the S&P 500.

Slate Office REIT received 217 more outperform votes than Inovalis Real Estate Investment Trust when rated by MarketBeat users. Likewise, 62.03% 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
Inovalis Real Estate Investment TrustOutperform Votes
126
60.58%
Underperform Votes
82
39.42%
Slate Office REITOutperform Votes
343
62.03%
Underperform Votes
210
37.97%

5.9% of Inovalis Real Estate Investment Trust shares are held by institutional investors. Comparatively, 5.0% of Slate Office REIT shares are held by institutional investors. 0.5% of Inovalis Real Estate Investment Trust shares are held by company insiders. Comparatively, 18.4% of Slate Office REIT shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Inovalis Real Estate Investment Trust currently has a consensus target price of C$2.38, indicating a potential upside of 106.52%. Slate Office REIT has a consensus target price of C$1.26, indicating a potential upside of 90.48%. Given Slate Office REIT's stronger consensus rating and higher probable upside, analysts clearly believe Inovalis Real Estate Investment Trust is more favorable than Slate Office REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Inovalis Real Estate Investment Trust
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Slate Office REIT
1 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.83

In the previous week, Slate Office REIT had 1 more articles in the media than Inovalis Real Estate Investment Trust. MarketBeat recorded 1 mentions for Slate Office REIT and 0 mentions for Inovalis Real Estate Investment Trust. Slate Office REIT's average media sentiment score of 0.00 beat Inovalis Real Estate Investment Trust's score of -0.92 indicating that Inovalis Real Estate Investment Trust is being referred to more favorably in the media.

Company Overall Sentiment
Inovalis Real Estate Investment Trust Neutral
Slate Office REIT Negative

Slate Office REIT has a net margin of -57.24% compared to Slate Office REIT's net margin of -134.09%. Slate Office REIT's return on equity of -11.90% beat Inovalis Real Estate Investment Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Inovalis Real Estate Investment Trust-134.09% -11.90% 1.08%
Slate Office REIT -57.24%-19.51%2.50%

Summary

Inovalis Real Estate Investment Trust beats Slate Office REIT on 11 of the 19 factors compared between the two stocks.

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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$52.03MC$671.01MC$1.37BC$5.04B
Dividend Yield16.90%12.45%7.57%6.56%
P/E Ratio-0.461.24212.4726.74
Price / Sales0.26267.271,203.881,250.63
Price / Cash9.6161.2057.1477.90
Price / Book0.100.381.303.05
Net Income-C$113.12M-C$252.33M-C$104.36MC$292.85M
7 Day Performance-4.41%1.34%0.76%0.71%
1 Month Performance-14.47%-2.05%0.40%14.27%
1 Year Performance-68.75%-21.36%-4.57%19.60%

Slate Office REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INO.UN
Inovalis Real Estate Investment Trust
0.7941 of 5 stars
C$1.03
-1.9%
C$2.38
+130.6%
-66.1%C$33.56MC$26.22M-0.961Positive News
MPC
Madison Pacific Properties
0 of 5 stars
C$5.62
flat
N/AN/AC$41.36MC$43.53M-7.3011News Coverage
HOT.UN
American Hotel Income Properties REIT
0.682 of 5 stars
C$0.52
-1.9%
C$1.23
+137.2%
-71.9%C$41.10MC$280.52M-0.41N/A
MR.UN
Melcor Real Estate Investment Trust
0.5705 of 5 stars
C$2.93
-1.0%
C$3.25
+10.9%
-43.7%C$37.97MC$73.90M48.83N/APositive News
IVQ
Invesque
0 of 5 stars
C$0.28
-17.6%
N/A-79.4%C$15.72MC$195.39M-0.131,552Gap Down
High Trading Volume
TNT.UN
True North Commercial REIT
0.3369 of 5 stars
C$8.32
-2.2%
C$9.19
+10.4%
+183.6%C$124.72MC$132.20M-3.21N/ANews Coverage
BRE
Bridgemarq Real Estate Services
0 of 5 stars
C$13.46
-0.4%
N/A-7.9%C$127.60MC$48.05M18.96N/ADividend Announcement
GDC
Genesis Land Development
0 of 5 stars
C$2.95
+0.3%
N/A+57.9%C$167.53MC$203.31M11.3593News Coverage
High Trading Volume
ERE-UN
European Residential Real Estate Investment Trust
0 of 5 stars
C$2.36
-1.7%
N/A-31.1%C$215.87MC$95.68M-3.28N/AHigh Trading Volume
D.UN
Dream Office Real Estate Investment Trst
1.9411 of 5 stars
C$17.45
-3.4%
C$13.00
-25.5%
+42.5%C$284.61MC$161.85M-5.03235

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This page (TSE:SOT.UN) was last updated on 4/24/2024 by MarketBeat.com Staff

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