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Canadian (TSX) Diversified REITs Industry Analysis

UpdatedFeb 06, 2025
DataAggregated Company Financials
Companies8
  • 7D2.9%
  • 3M-7.1%
  • 1Y5.7%
  • YTDn/a

The Diversified REITs industry has been flat over the last week, but BTB Real Estate Investment Trust has lost 3.2%. The past year has been better, since the industry has gained 3.2% in that time. Earnings are forecast to grow by 110% annually.

Industry Valuation and Performance

Has the Canadian Diversified REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 06 Feb 2025CA$4.5bCA$1.7b-CA$391,634,479.0011x-11.6x2.7x
Sat, 04 Jan 2025CA$4.5bCA$1.7b-CA$391,634,479.0011x-11.5x2.7x
Mon, 02 Dec 2024CA$5.1bCA$1.8b-CA$391,286,479.0012.9x-12.9x2.9x
Wed, 30 Oct 2024CA$5.4bCA$1.9b-CA$474,273,724.009.6x-11.4x2.9x
Fri, 27 Sep 2024CA$5.6bCA$1.9b-CA$474,273,724.009.2x-11.7x3x
Sun, 25 Aug 2024CA$4.7bCA$1.6b-CA$476,794,956.009.1x-9.8x2.9x
Tue, 23 Jul 2024CA$4.7bCA$1.8b-CA$341,683,846.008.2x-13.7x2.6x
Thu, 20 Jun 2024CA$4.4bCA$1.8b-CA$341,683,846.007.9x-13x2.5x
Sat, 18 May 2024CA$4.7bCA$1.8b-CA$335,752,067.006.9x-14.1x2.6x
Mon, 15 Apr 2024CA$4.5bCA$1.8b-CA$243,799,117.007.5x-18.6x2.5x
Wed, 13 Mar 2024CA$4.4bCA$1.8b-CA$241,919,636.009.7x-18.4x2.5x
Fri, 09 Feb 2024CA$4.7bCA$1.9b-CA$454,597,636.008.5x-10.4x2.5x
Sun, 07 Jan 2024CA$4.9bCA$1.9b-CA$454,597,636.008.1x-10.7x2.5x
Tue, 05 Dec 2023CA$4.5bCA$1.9b-CA$454,597,636.007.7x-9.9x2.3x
Thu, 02 Nov 2023CA$4.3bCA$1.8b-CA$552,721,299.006.9x-7.8x2.4x
Sat, 30 Sep 2023CA$4.6bCA$1.8b-CA$571,335,299.007x-8.1x2.6x
Mon, 28 Aug 2023CA$5.1bCA$1.8b-CA$571,335,299.007.6x-8.9x2.8x
Wed, 26 Jul 2023CA$5.2bCA$1.9b-CA$306,275,316.003.9x-16.8x2.7x
Fri, 23 Jun 2023CA$5.0bCA$1.9b-CA$306,275,316.003.8x-16.4x2.6x
Sun, 21 May 2023CA$5.1bCA$1.9b-CA$309,784,436.003.9x-16.5x2.7x
Tue, 18 Apr 2023CA$5.8bCA$1.9bCA$889.9m3.9x6.6x3x
Thu, 16 Mar 2023CA$6.0bCA$1.9bCA$954.0m4x6.3x3.2x
Sat, 11 Feb 2023CA$6.2bCA$2.0bCA$1.6b5.2x3.9x3.1x
Mon, 09 Jan 2023CA$6.1bCA$2.0bCA$1.6b5.4x3.8x3.1x
Wed, 07 Dec 2022CA$6.1bCA$2.0bCA$1.6b5.2x3.8x3.1x
Fri, 04 Nov 2022CA$5.7bCA$2.1bCA$2.0b4.3x2.9x2.7x
Sun, 02 Oct 2022CA$5.5bCA$2.1bCA$2.0b4.1x2.7x2.6x
Tue, 30 Aug 2022CA$6.5bCA$2.1bCA$2.0b4.4x3.2x3.1x
Thu, 28 Jul 2022CA$6.7bCA$2.0bCA$2.3b4x3x3.4x
Sat, 25 Jun 2022CA$6.6bCA$2.0bCA$2.2b4.9x2.9x3.4x
Mon, 23 May 2022CA$7.1bCA$2.0bCA$2.2b5.5x3.2x3.6x
Wed, 20 Apr 2022CA$8.4bCA$2.2bCA$1.3b6.6x6.7x3.9x
Fri, 18 Mar 2022CA$10.3bCA$2.8bCA$1.1b8.1x9.4x3.6x
Sun, 13 Feb 2022CA$10.2bCA$2.9bCA$842.1m8.9x12.1x3.6x
Price to Earnings Ratio

12.1x


Total Market Cap: CA$10.2bTotal Earnings: CA$842.1mTotal Revenue: CA$2.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified REITs Industry Price to Earnings3Y Average -5.3x202320242025
Current Industry PE
  • Investors are relatively neutral on the Canadian Diversified REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • Total earnings for the Diversified REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 16% per year, which is driving profits down.

Industry Comparison

How does Canadian Diversified REITs compare with similar industries?

CA Market0.028%
Real Estate1.68%
REITS2.87%
Diversified REITs2.87%
Residential REITs4.38%
Retail REITs3.36%
Healthcare REITs1.54%
Industrial REITs0.80%
Specialized REITs0.28%
Office REITs-0.32%
Hotel and Resort REITs-4.19%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HR.UN H&R Real Estate Investment TrustCA$9.674.2%
+CA$102.2m		-0.9%PB0.5x
AX.UN Artis Real Estate Investment TrustCA$7.782.6%
+CA$20.2m		23.3%PB0.5x
MRT.UN Morguard Real Estate Investment TrustCA$5.600.9%
+CA$3.2m		3.5%PB0.4x
MR.UN Melcor Real Estate Investment TrustCA$5.290.4%
+CA$259.3k		34.3%PB0.4x
NNL.U Nova Net Lease REITUS$0.384.2%
+US$111.8k		n/aPB0.2x
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Latest News

NNL.U

US$0.38

Nova Net Lease REIT

7D

4.2%

1Y

n/a

MR.UN

CA$5.29

Melcor Real Estate Investment Trust

7D

0.4%

1Y

34.3%

NET.UN

CA$5.15

Canadian Net Real Estate Investment Trust

7D

-0.6%

1Y

4.0%

BTB.UN

CA$3.34

BTB Real Estate Investment Trust

7D

-0.6%

1Y

13.2%

HR.UN

CA$9.67

H&R Real Estate Investment Trust

7D

4.2%

1Y

-0.9%

AX.UN

CA$7.78

Artis Real Estate Investment Trust

7D

2.6%

1Y

23.3%

MRT.UN

CA$5.60

Morguard Real Estate Investment Trust

7D

0.9%

1Y

3.5%

FCD.UN

CA$5.70

Firm Capital Property Trust

7D

-0.5%

1Y

18.3%