BTB-UN — BTB Real Estate Investment Trust

BTB-UNBTB Real Estate Investment Trust

TSX · CA · Real Estate · REIT - Office · btbreit.com

3.700CADMkt Cap: 329.87M CADP/E: 14.80Last update: 2026-05-21

BTB Real Estate Investment Trust is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of t…

Industry Peers

REIT - Office

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MRL

MERLIN Properties SOCIMI, S.A.

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ARE

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COL

Colonial SFL, Socimi S. A.

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Indicators:|

Key Statistics

Company

Market Cap329.87M CAD

Enterprise Value1.07B CAD

Revenue (TTM)127.69M CAD

Gross Profit75.05M CAD

Net Income (TTM)22.37M CAD

Revenue/Share1.437 CAD

Last Price3.700 CAD

Fiscal Year EndDec 2025

MR QuarterMar 2026

Employees—

CountryCA

SectorReal Estate

IndustryREIT - Office

ISIN—

Valuation

P/E (Trailing)14.80

P/E (Forward)10.57

PEG—

EV/EBITDA16.85

EV/Revenue8.38

P/S2.58

P/B0.67

EPS (TTM)0.25

EPS (Forward)0.35

52W Range

3.64075% of range3.720

52W High3.720 CAD

52W Low3.640 CAD

Profitability

Gross Margin57.67%

Oper. Margin50.28%

EBITDA Margin49.76%

Profit Margin17.19%

ROE4.56%

ROA1.80%

Growth

Revenue Growth-7.10%

Earnings Growth9.70%

Cash Flow & Leverage

Operating CF70.60M CAD

CapEx (TTM)169.00K CAD

FCF Margin14.45%

FCF Yield5.59%

Net Debt743.75M CAD

Net Debt/EBITDA11.71

Balance Sheet

Debt/Equity1.47

Current Ratio0.11

Quick Ratio0.08

Book Value/Sh5.562 CAD

Cash/Share0.0160 CAD

Dividends

Fwd Div Rate0.3000 CAD

Trail. Div Rate0.3000 CAD

Div. Yield8.11%

5Y Avg Yield8.42%

Payout Ratio120.00%

Ex-Div DateMay 29, 2026

Pay DateJun 15, 2026

Splits

Last Split1:5

Split DateJun 7, 2012

Analyst Consensus

Rating3.0 (Hold)

Target (Mean)3.913 CAD

Target Range3.750 CAD – 4.000 CAD

# Analysts4

Ownership

Shares Out.88.46M

Float86.47M

Insiders2.07%

Institutions0.67%

Short Interest

Short Ratio35.9d

Short % Out.3.62%

Shares Short3.13M

Short (prev mo.)3.22M

Technical

SMA 503.850 (-3.9%)

SMA 2003.925 (-5.7%)

Beta0.80

S&P 52W Chg28.31%

Avg Vol (30d)179.30K

Avg Vol (10d)133.12K

Technical Indicators

RSI (14)—

MACD—

MACD Signal—

MACD Hist.—

BB Upper—

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BB Width—

ATR (14)—

Vol Ratio (20d)—