True North Commercial REIT (TNT-UN.TO)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in CAD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | CAD m | 139 | 139 | 144 | 132 | 127 | 130 | 129 | - |
| Operating profit | CAD m | 61 | 60 | ||||||
| Net profit | CAD m | 11 | 29 | -19 | -41 | -21 | -33 | -24 | - |
| EPS reported | CAD | -2.26 | -1.65 | ||||||
| Operating cashflow per share | CAD | 2.63 | 4.61 | ||||||
| Capex per share | CAD | 0.00 | 0.00 | ||||||
| FCF per share | CAD | 2.63 | 4.61 | ||||||
| Free cash flow | CAD m | 38 | 54 | ||||||
| Net debt | CAD m | 725 | 714 | ||||||
| Book value equity | CAD m | 375 | 368 | ||||||
| Book value per share | CAD | 26.02 | 25.53 | ||||||
| Number of shares | m | 14.42 | 14.41 | ||||||
| DPS (TTM paid) | CAD | 0.58 | 0.75 |
Financial summary
Financials in CAD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | - | ||||||
| P/B LTM | x | 0.34 | 0.35 | ||||||
| P/S LTM | x | 0.98 | 0.99 | ||||||
| P/FCF LTM | x | 3.37 | 2.35 | ||||||
| EV/EBITDA LTM | x | 14,457.06 | 103.21 | ||||||
| EV/Sales LTM | x | 6.56 | 6.49 | ||||||
| Earnings Yield LTM | % | -25.50% | -26.26% | ||||||
| FCF Yield | % | +29.71% | +42.48% | ||||||
| Quality | |||||||||
| ROE | % | -8.68% | -8.46% | ||||||
| ROIC | % | +5.20% | +5.26% | ||||||
| Operating margin | % | +46.70% | +47.83% | ||||||
| Gross margin | % | +51.44% | +51.93% | ||||||
| FCF/Sales | % | +29.16% | +51.51% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | +2.53% | +1.33% | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | -49.86% | -28.30% | ||||||
| Operating Profit Growth | % | +1.29% | +0.76% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +5.83% | +8.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | -22.87% | -30.33% | ||||||
| FCF/Debt | x | 0.05 | 0.07 | ||||||
| Net Debt/EBITDA | x | 12,292.22 | 2,351.96 | ||||||
| EBIT/Net interest | x | 1.86 | 1.87 | ||||||
| Net debt/market cap | % | +5.74% | +6.07% | ||||||
| Net debt/Equity | x | 1.93 | 1.94 | ||||||
| Gross debt/equity | x | 1.95 | 2.00 | ||||||
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
Company overview
True North Commercial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. The REIT currently owns and operates a portfolio of 38 commercial properties consisting of approximately 4.5 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit rated tenants. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist. True North Commercial Real Estate Investment Trust was incorporated in 2012 in Ontario, Canada.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
True North Commercial REIT (TNT-UN.TO)
No price history available.
Based on consensus from external analysts. Not Kvantra's opinion.
True North Commercial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. The REIT currently owns and operates a portfolio of 38 commercial properties consisting of approximately 4.5 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit rated tenants. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist. True North Commercial Real Estate Investment Trust was incorporated in 2012 in Ontario, Canada.
- Vitura
- Manulife US Real Estate Investment Trust
- Bhiraj Office Leasehold Real Estate Investment Trust
- Acanthe Développement
- WHA Business Complex Freehold and Leasehold Real Estate Investment Trust
- Franklin Street Properties Corp.
- KB STAR REIT Co., Ltd.
- Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust
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