company background image
TNT.UN

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

Last Price

CA$5.98

Market Cap

CA$563.2m

7D

-2.0%

1Y

-16.5%

Updated

03 Dec, 2022

Data

Company Financials +
TNT.UN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health1/6
Dividends5/6

TNT.UN Stock Overview

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

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$5.98
52 Week HighCA$7.48
52 Week LowCA$5.48
Beta1.38
1 Month Change-2.29%
3 Month Change-0.99%
1 Year Change-16.48%
3 Year Change-18.86%
5 Year Change-9.94%
Change since IPO-25.25%

Recent News & Updates

Recent updates

Should True North Commercial Real Estate Investment Trust (TSE:TNT.UN) Focus On Improving This Fundamental Metric?

Jan 19
Should True North Commercial Real Estate Investment Trust (TSE:TNT.UN) Focus On Improving This Fundamental Metric?

True North Commercial Real Estate Investment Trust (TSE:TNT.UN) Has Gifted Shareholders With A Fantastic 105% Total Return On Their Investment

Nov 26
True North Commercial Real Estate Investment Trust (TSE:TNT.UN) Has Gifted Shareholders With A Fantastic 105% Total Return On Their Investment

Shareholder Returns

TNT.UNCA REITsCA Market
7D-2.0%-1.7%0.4%
1Y-16.5%-14.4%1.2%

Return vs Industry: TNT.UN underperformed the Canadian REITs industry which returned -14% over the past year.

Return vs Market: TNT.UN underperformed the Canadian Market which returned 0.6% over the past year.

Price Volatility

Is TNT.UN's price volatile compared to industry and market?
TNT.UN volatility
TNT.UN Average Weekly Movement3.2%
REITs Industry Average Movement4.0%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market4.1%

Stable Share Price: TNT.UN is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: TNT.UN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/aDaniel Drimmerhttps://www.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 48 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$563.17m
Earnings (TTM)CA$57.35m
Revenue (TTM)CA$143.59m

9.6x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TNT.UN income statement (TTM)
RevenueCA$143.59m
Cost of RevenueCA$57.21m
Gross ProfitCA$86.38m
Other ExpensesCA$29.03m
EarningsCA$57.35m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.63
Gross Margin60.16%
Net Profit Margin39.94%
Debt/Equity Ratio156.9%

How did TNT.UN perform over the long term?

See historical performance and comparison

Dividends

9.9%

Current Dividend Yield

84%

Payout Ratio