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Granite Real Estate Investment Trust (GRT-UN.TO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Granite Real Estate Investment Trust (GRT-UN.TO)

Equity · Currency in CAD · Last updated Nov 5, 2024

Company Info

ISINCA3874371147
SectorReal Estate
IndustryREIT - Industrial

Highlights

Market CapCA$4.69B
EPS (TTM)CA$3.64
PE Ratio20.53
Total Revenue (TTM)CA$409.05M
Gross Profit (TTM)CA$340.70M
EBITDA (TTM)CA$314.36M
Year RangeCA$61.39 - CA$82.67
Target PriceCA$88.50
Short %0.43%
Short Ratio4.76

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Popular comparisons: GRT-UN.TO vs. DIR-UN.TO, GRT-UN.TO vs. IIP-UN.TO, GRT-UN.TO vs. ^GSPC, GRT-UN.TO vs. NWH-UN.TO, GRT-UN.TO vs. BEI-UN.TO, GRT-UN.TO vs. VGT, GRT-UN.TO vs. CRT-UN.TO, GRT-UN.TO vs. VXC.TO, GRT-UN.TO vs. KMP-UN.TO, GRT-UN.TO vs. SRU-UN.TO

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Granite Real Estate Investment Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
8.09%
12.17%
GRT-UN.TO (Granite Real Estate Investment Trust)
Benchmark (^GSPC)

Returns By Period

Granite Real Estate Investment Trust had a return of 0.12% year-to-date (YTD) and 12.92% in the last 12 months. Over the past 10 years, Granite Real Estate Investment Trust had an annualized return of 10.19%, while the S&P 500 had an annualized return of 10.92%, indicating that Granite Real Estate Investment Trust did not perform as well as the benchmark.

PeriodReturnBenchmark
Year-To-Date0.12%19.77%
1 month-6.60%-0.67%
6 months8.09%10.27%
1 year12.92%31.07%
5 years (annualized)5.80%13.22%
10 years (annualized)10.19%10.92%

Monthly Returns

The table below presents the monthly returns of GRT-UN.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-4.80%-0.22%7.56%-11.74%-0.65%0.57%9.73%3.46%6.91%-6.92%0.12%
202318.15%1.25%1.83%0.92%-5.24%-1.37%-1.18%-2.55%-4.00%-12.13%9.08%11.32%13.34%
2022-8.21%-2.50%2.95%-1.02%-3.98%-13.11%2.58%-7.41%-10.38%4.71%14.74%-13.06%-32.35%
2021-3.62%-2.42%5.15%3.28%3.66%1.62%4.97%5.66%-0.88%11.58%-1.59%7.16%39.18%
20208.71%-4.13%-14.59%9.81%7.07%3.39%11.44%-0.17%-0.18%-3.11%2.72%2.00%22.00%
201912.29%3.79%3.85%-4.21%-0.67%0.09%2.03%4.15%0.97%1.95%5.38%-3.48%28.23%
20183.17%-2.00%3.14%-0.24%2.28%4.47%0.96%1.98%1.54%-1.59%1.18%-2.64%12.65%
2017-0.64%4.01%1.49%5.59%5.29%0.56%-1.81%1.67%-1.19%-0.12%2.75%-3.15%14.95%
2016-0.45%1.98%-1.78%0.33%5.84%-0.74%5.30%2.93%-3.47%5.67%3.64%3.13%24.19%
20158.47%1.95%-1.50%-5.58%-3.16%6.81%-5.87%-4.18%-1.90%1.79%7.58%-6.34%-3.45%
2014-0.77%0.72%6.61%4.26%-5.33%-0.32%2.98%0.54%-4.66%8.30%-3.86%4.56%12.66%
20134.28%1.82%-1.78%3.25%-3.78%-4.87%-4.76%3.84%4.56%-1.52%-0.07%8.31%8.64%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of GRT-UN.TO is 59, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of GRT-UN.TO is 5959
Combined Rank
The Sharpe Ratio Rank of GRT-UN.TO is 6464Sharpe Ratio Rank
The Sortino Ratio Rank of GRT-UN.TO is 5757Sortino Ratio Rank
The Omega Ratio Rank of GRT-UN.TO is 5353Omega Ratio Rank
The Calmar Ratio Rank of GRT-UN.TO is 5858Calmar Ratio Rank
The Martin Ratio Rank of GRT-UN.TO is 6161Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Granite Real Estate Investment Trust (GRT-UN.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

GRT-UN.TO
Sharpe ratio
The chart of Sharpe ratio for GRT-UN.TO, currently valued at 0.77, compared to the broader market-4.00-2.000.002.000.77
Sortino ratio
The chart of Sortino ratio for GRT-UN.TO, currently valued at 1.27, compared to the broader market-4.00-2.000.002.004.001.27
Omega ratio
The chart of Omega ratio for GRT-UN.TO, currently valued at 1.15, compared to the broader market0.501.001.502.001.15
Calmar ratio
The chart of Calmar ratio for GRT-UN.TO, currently valued at 0.45, compared to the broader market0.002.004.006.000.45
Martin ratio
The chart of Martin ratio for GRT-UN.TO, currently valued at 2.20, compared to the broader market-10.000.0010.0020.0030.002.20
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.67, compared to the broader market-4.00-2.000.002.002.67
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.55, compared to the broader market-4.00-2.000.002.004.003.55
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.50, compared to the broader market0.501.001.502.001.50
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.45, compared to the broader market0.002.004.006.003.45
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 17.04, compared to the broader market-10.000.0010.0020.0030.0017.04

Sharpe Ratio

The current Granite Real Estate Investment Trust Sharpe ratio is 0.77. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Granite Real Estate Investment Trust with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.77
3.06
GRT-UN.TO (Granite Real Estate Investment Trust)
Benchmark (^GSPC)

Dividends

Dividend History

Granite Real Estate Investment Trust provided a 2.65% dividend yield over the last twelve months, with an annual payout of CA$1.98 per share.

2.00%3.00%4.00%5.00%6.00%CA$0.00CA$0.50CA$1.00CA$1.50CA$2.00CA$2.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
DividendCA$1.98CA$1.97CA$2.59CA$2.40CA$2.31CA$2.11CA$2.20CA$2.23CA$2.00CA$1.97CA$2.16CA$2.21

Dividend yield

2.65%2.59%3.75%2.28%2.97%3.20%4.14%4.53%4.47%5.20%5.25%5.72%

Monthly Dividends

The table displays the monthly dividend distributions for Granite Real Estate Investment Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024CA$0.19CA$0.20CA$0.20CA$0.19CA$0.19CA$0.01CA$0.20CA$0.20CA$0.20CA$0.00CA$0.00CA$1.60
2023CA$0.19CA$0.19CA$0.08CA$0.20CA$0.18CA$0.19CA$0.01CA$0.18CA$0.19CA$0.19CA$0.18CA$0.20CA$1.97
2022CA$0.26CA$0.20CA$0.26CA$0.26CA$0.26CA$0.20CA$0.20CA$0.20CA$0.19CA$0.19CA$0.19CA$0.19CA$2.59
2021CA$0.19CA$0.19CA$0.24CA$0.24CA$0.20CA$0.20CA$0.20CA$0.19CA$0.20CA$0.19CA$0.18CA$0.19CA$2.40
2020CA$0.22CA$0.22CA$0.24CA$0.24CA$0.17CA$0.17CA$0.17CA$0.18CA$0.17CA$0.17CA$0.18CA$0.18CA$2.31
2019CA$0.18CA$0.18CA$0.17CA$0.17CA$0.17CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.19CA$2.11
2018CA$0.18CA$0.18CA$0.18CA$0.18CA$0.17CA$0.17CA$0.17CA$0.18CA$0.23CA$0.23CA$0.17CA$0.17CA$2.20
2017CA$0.17CA$0.16CA$0.16CA$0.16CA$0.38CA$0.16CA$0.17CA$0.17CA$0.18CA$0.17CA$0.17CA$0.18CA$2.23
2016CA$0.14CA$0.14CA$0.16CA$0.16CA$0.36CA$0.16CA$0.16CA$0.15CA$0.15CA$0.15CA$0.10CA$0.17CA$2.00
2015CA$0.16CA$0.15CA$0.16CA$0.16CA$0.16CA$0.15CA$0.15CA$0.15CA$0.15CA$0.14CA$0.33CA$0.13CA$1.97
2014CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.16CA$0.16CA$0.34CA$0.16CA$2.16
2013CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.34CA$0.17CA$2.21

Dividend Yield & Payout

Dividend Yield
5.0%10.0%15.0%2.7%
Granite Real Estate Investment Trust has a dividend yield of 2.65%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%800.0%89.7%
Granite Real Estate Investment Trust has a payout ratio of 89.68%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-23.30%
-2.15%
GRT-UN.TO (Granite Real Estate Investment Trust)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Granite Real Estate Investment Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Granite Real Estate Investment Trust was 87.72%, occurring on Mar 4, 2009. Recovery took 715 trading sessions.

The current Granite Real Estate Investment Trust drawdown is 23.30%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-87.72%Apr 27, 2007463Mar 4, 2009715Feb 7, 20121178
-44.9%Feb 21, 202022Mar 23, 202084Jul 22, 2020106
-38.1%Dec 30, 2021196Oct 11, 2022———
-26.75%Mar 2, 2004111Aug 6, 2004126Feb 7, 2005237
-17.84%Mar 3, 2015139Sep 18, 2015231Aug 19, 2016370

Volatility

Volatility Chart

The current Granite Real Estate Investment Trust volatility is 5.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.83%
3.32%
GRT-UN.TO (Granite Real Estate Investment Trust)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Granite Real Estate Investment Trust over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Annual
Quarterly
0.0

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Granite Real Estate Investment Trust.

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Income Statement

Income Statement
Balance Sheet
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EBIT

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Earnings From Continuing Operations

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Net Income

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Effect Of Accounting Charges

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Values in undefined except per share items