SmartCentres Real Estate Investment Trust

TSX:SRU.UN Stock Report

Market Cap: CA$4.4b

SmartCentres Real Estate Investment Trust Past Earnings Performance

Past criteria checks 1/6

SmartCentres Real Estate Investment Trust has been growing earnings at an average annual rate of 8.4%, while the Retail REITs industry saw earnings growing at 2.6% annually. Revenues have been growing at an average rate of 2.3% per year. SmartCentres Real Estate Investment Trust's return on equity is 2.6%, and it has net margins of 14.5%.

Key information

8.4%

Earnings growth rate

8.4%

EPS growth rate

Retail REITs Industry Growth21.2%
Revenue growth rate2.3%
Return on equity2.6%
Net Margin14.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How SmartCentres Real Estate Investment Trust makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:SRU.UN Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24916133320
30 Jun 24940273310
31 Mar 24922305310
31 Dec 23929414310
30 Sep 23936484220
30 Jun 23866312250
31 Mar 23846307240
31 Dec 22827516220
30 Sep 22971981500
30 Jun 229791,128480
31 Mar 229921,078480
31 Dec 211,005828480
30 Sep 21871322340
30 Jun 21883266210
31 Mar 2186272210
31 Dec 2085875200
30 Sep 20851122120
30 Jun 20826108210
31 Mar 20830301200
31 Dec 19825314210
30 Sep 19812312240
30 Jun 19812312270
31 Mar 19818318270
31 Dec 18811335240
30 Sep 18805334250
30 Jun 18791312210
31 Mar 18771330190
31 Dec 17754297230
30 Sep 17756341190
30 Jun 17751330210
31 Mar 17756290260
31 Dec 16762322260
30 Sep 16747270280
30 Jun 16749300310
31 Mar 16721304250
31 Dec 15691269220
30 Sep 15667245210
30 Jun 15637239170
31 Mar 15624225160
31 Dec 14624227140
30 Sep 14620201120
30 Jun 14613155110
31 Mar 1460318980
31 Dec 1358427390

Quality Earnings: SRU.UN has a large one-off loss of CA$107.2M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: SRU.UN's current net profit margins (14.5%) are lower than last year (51.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SRU.UN's earnings have grown by 8.4% per year over the past 5 years.

Accelerating Growth: SRU.UN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SRU.UN had negative earnings growth (-72.5%) over the past year, making it difficult to compare to the Retail REITs industry average (15.9%).


Return on Equity

High ROE: SRU.UN's Return on Equity (2.6%) is considered low.


Return on Assets


Return on Capital Employed


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