Nexus Real Estate Investment Trust (NXR-UN) - Net Assets
Based on the latest financial reports, Nexus Real Estate Investment Trust (NXR-UN) has net assets worth CA$1.08 Billion CAD (≈ $783.63 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.65 Billion ≈ $1.92 Billion USD) and total liabilities (CA$1.57 Billion ≈ $1.13 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Nexus Real Estate Investment Trust (NXR-UN) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.08 Billion |
| % of Total Assets | 40.87% |
| Annual Growth Rate | 57.62% |
| 5-Year Change | 57.12% |
| 10-Year Change | 1310.01% |
| Growth Volatility | 316.06 |
Nexus Real Estate Investment Trust - Net Assets Trend (2013–2025)
This chart illustrates how Nexus Real Estate Investment Trust's net assets have evolved over time, based on quarterly financial data. Also explore Nexus Real Estate Investment Trust total assets for the complete picture of this company's asset base.
Annual Net Assets for Nexus Real Estate Investment Trust (2013–2025)
The table below shows the annual net assets of Nexus Real Estate Investment Trust from 2013 to 2025. For live valuation and market cap data, see Nexus Real Estate Investment Trust market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.08 Billion ≈ $783.63 Million |
+2.03% |
| 2024-12-31 | CA$1.06 Billion ≈ $768.03 Million |
+6.14% |
| 2023-12-31 | CA$1.00 Billion ≈ $723.62 Million |
+14.65% |
| 2022-12-31 | CA$872.54 Million ≈ $631.18 Million |
+26.55% |
| 2021-12-31 | CA$689.48 Million ≈ $498.76 Million |
+130.15% |
| 2020-12-31 | CA$299.58 Million ≈ $216.71 Million |
+13.81% |
| 2019-12-31 | CA$263.23 Million ≈ $190.42 Million |
+20.72% |
| 2018-12-31 | CA$218.04 Million ≈ $157.73 Million |
+17.30% |
| 2017-12-31 | CA$185.88 Million ≈ $134.46 Million |
+141.94% |
| 2016-12-31 | CA$76.83 Million ≈ $55.58 Million |
+10.72% |
| 2015-12-31 | CA$69.39 Million ≈ $50.20 Million |
+18.79% |
| 2014-12-31 | CA$58.42 Million ≈ $42.26 Million |
+1168.32% |
| 2013-12-31 | CA$4.61 Million ≈ $3.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nexus Real Estate Investment Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 41283871000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$412.23 Million | 38.05% |
| Common Stock | CA$671.06 Million | 61.95% |
| Total Equity | CA$1.08 Billion | 100.00% |
Nexus Real Estate Investment Trust Competitors by Market Cap
The table below lists competitors of Nexus Real Estate Investment Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CoAsia Microelectronics
TWO:8096
|
$419.70 Million |
|
Shandong Sito Bio-technology Co Ltd
SHE:300583
|
$419.72 Million |
|
Qingdao Richen Food Co Ltd
SHG:603755
|
$419.78 Million |
|
PT Temas Tbk
JK:TMAS
|
$419.87 Million |
|
Chongqing YuXin Pingrui Electronic Co. Ltd.
SHE:301107
|
$419.64 Million |
|
DINE S.A.B. de C.V
MX:DINEB
|
$419.50 Million |
|
Gruvaktiebolaget Viscaria
ST:VISC
|
$419.49 Million |
|
Johnson Controls - Hitachi Air Conditioning India Limited
NSE:JCHAC
|
$419.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nexus Real Estate Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,061,724,000 to 1,083,289,000, a change of 21,565,000 (2.0%).
- Net income of 59,548,000 contributed positively to equity growth.
- Dividend payments of 45,548,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$59.55 Million | +5.5% |
| Dividends Paid | CA$45.55 Million | -4.2% |
| Other Changes | CA$7.57 Million | +0.7% |
| Total Change | CA$- | 2.03% |
Book Value vs Market Value Analysis
This analysis compares Nexus Real Estate Investment Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.21x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CA$6.70 | CA$8.08 | x |
| 2014-12-31 | CA$8.21 | CA$8.08 | x |
| 2015-12-31 | CA$8.10 | CA$8.08 | x |
| 2016-12-31 | CA$8.59 | CA$8.08 | x |
| 2017-12-31 | CA$8.37 | CA$8.08 | x |
| 2018-12-31 | CA$9.41 | CA$8.08 | x |
| 2019-12-31 | CA$8.91 | CA$8.08 | x |
| 2020-12-31 | CA$9.11 | CA$8.08 | x |
| 2021-12-31 | CA$13.24 | CA$8.08 | x |
| 2022-12-31 | CA$10.99 | CA$8.08 | x |
| 2023-12-31 | CA$11.14 | CA$8.08 | x |
| 2024-12-31 | CA$11.30 | CA$8.08 | x |
| 2025-12-31 | CA$11.30 | CA$8.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nexus Real Estate Investment Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.04%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.45x
- Recent ROE (5.50%) is below the historical average (9.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -7.01% | -51.48% | 0.07x | 1.87x | CA$-783.51K |
| 2014 | 7.29% | 49.56% | 0.07x | 2.03x | CA$-1.59 Million |
| 2015 | 8.36% | 48.43% | 0.07x | 2.35x | CA$-1.14 Million |
| 2016 | 13.64% | 68.01% | 0.09x | 2.28x | CA$2.80 Million |
| 2017 | 8.44% | 42.40% | 0.08x | 2.42x | CA$-2.90 Million |
| 2018 | 17.81% | 71.79% | 0.10x | 2.52x | CA$17.03 Million |
| 2019 | 11.08% | 48.60% | 0.10x | 2.33x | CA$2.84 Million |
| 2020 | 4.95% | 24.17% | 0.09x | 2.37x | CA$-15.12 Million |
| 2021 | 21.23% | 175.16% | 0.05x | 2.40x | CA$77.41 Million |
| 2022 | 10.52% | 66.91% | 0.07x | 2.25x | CA$4.49 Million |
| 2023 | 16.00% | 101.51% | 0.06x | 2.46x | CA$60.00 Million |
| 2024 | 8.56% | 51.73% | 0.07x | 2.45x | CA$-15.29 Million |
| 2025 | 5.50% | 34.04% | 0.07x | 2.45x | CA$-48.78 Million |
Industry Comparison
This section compares Nexus Real Estate Investment Trust's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $1,155,260,794
- Average return on equity (ROE) among peers: 8.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nexus Real Estate Investment Trust (NXR-UN) | CA$1.08 Billion | -7.01% | 1.45x | $419.68 Million |
| Dream Industrial Real Estate Investment Trust (DIR-UN) | $989.33 Million | 15.92% | 1.18x | $2.84 Billion |
| Granite Real Estate Investment Trust (GRT-UN) | $1.95 Billion | 1.31% | 0.20x | $4.09 Billion |
| Pro Real Estate Investment Trust (PRV-UN) | $522.26 Million | 6.77% | 1.06x | $301.15 Million |
About Nexus Real Estate Investment Trust
Nexus Industrial REIT is an unincorporated, open-ended real estate investment trust governed by the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated March 7, 2022. Nexus Industrial REIT and its subsidiaries, own and operate commercial real estate properties across Canada. The registered office of the REIT is located at 105-586 Argus Road, Oakville, ON… Read more