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True North Commercial Real Estate Investment Trust TSX:TNT.UN Stock Report

Last Price

CA$12.45

Market Cap

CA$179.6m

7D

2.6%

1Y

44.3%

Updated

06 Nov, 2024

Data

Company Financials

True North Commercial Real Estate Investment Trust

TSX:TNT.UN Stock Report

Market Cap: CA$179.6m

TNT.UN Stock Overview

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario.

TNT.UN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

True North Commercial Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for True North Commercial Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$12.45
52 Week HighCA$14.05
52 Week LowCA$6.33
Beta1.57
11 Month Change-1.11%
3 Month Change40.52%
1 Year Change44.35%
33 Year Change-70.82%
5 Year Change-69.07%
Change since IPO-72.93%

Recent News & Updates

Recent updates

Shareholder Returns

TNT.UNCA Office REITsCA Market
7D2.6%-4.2%-0.5%
1Y44.3%11.3%23.2%

Return vs Industry: TNT.UN exceeded the Canadian Office REITs industry which returned 11.3% over the past year.

Return vs Market: TNT.UN exceeded the Canadian Market which returned 23.2% over the past year.

Price Volatility

Is TNT.UN's price volatile compared to industry and market?
TNT.UN volatility
TNT.UN Average Weekly Movement7.5%
Office REITs Industry Average Movement7.4%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: TNT.UN has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TNT.UN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/aDaniel Drimmerwww.truenorthreit.com

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 44 commercial properties consisting of approximately 4.8 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 Fundamentals Summary

How do True North Commercial Real Estate Investment Trust's earnings and revenue compare to its market cap?
TNT.UN fundamental statistics
Market capCA$179.65m
Earnings (TTM)-CA$50.82m
Revenue (TTM)CA$130.45m

1.4x

P/S Ratio

-3.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNT.UN income statement (TTM)
RevenueCA$130.45m
Cost of RevenueCA$60.91m
Gross ProfitCA$69.54m
Other ExpensesCA$120.35m
Earnings-CA$50.82m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 12, 2024

Earnings per share (EPS)-3.55
Gross Margin53.31%
Net Profit Margin-38.96%
Debt/Equity Ratio175.7%

How did TNT.UN perform over the long term?

See historical performance and comparison