TNT-UN True North Commercial Real Estate Investment Trust

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

7.550CAD-0.26%Mkt Cap: 79.21M $P/E: —Today

True North Commercial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. The REIT currently owns and operates a portfolio of 37 commercial properties consisting of approximately 4…

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REIT - Office

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CDP

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COL

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HIW

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DEA

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PDM

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PSTL

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AP-UN

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PRODEA

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Key Statistics

Company

Market Cap79.21M USD

Enterprise Value610.62M USD

Revenue (TTM)93.65M USD

Gross Profit50.31M USD

Net Income (TTM)-23.72M USD

Revenue/Share9.14 CAD

Last Price7.550 CAD

Fiscal Year EndDec 2025

MR QuarterJun 2026

Employees—

CountryCA

SectorReal Estate

IndustryREIT - Office

ISIN—

Valuation

P/E (Trailing)—

P/E (Forward)—

PEG—

EV/EBITDA—

EV/Revenue6.52

P/S0.87

P/B0.30

EPS (TTM)-1.70

EPS (Forward)—

52W Range

7.5003% of range9.490

52W High9.490 CAD

52W Low7.500 CAD

Profitability

Gross Margin53.09%

Oper. Margin43.25%

EBITDA Margin0.00%

Profit Margin-25.03%

ROE-8.68%

ROA-2.79%

Growth

Revenue Growth-0.90%

Earnings Growth—

Cash Flow & Leverage

Operating CF51.86M USD

CapEx (TTM)—

FCF Margin13.37%

FCF Yield15.81%

Net Debt531.23M USD

Net Debt/EBITDA—

Balance Sheet

Debt/Equity1.95

Current Ratio0.18

Quick Ratio0.03

Book Value/Sh26.14 CAD

Cash/Share0.66 CAD

Dividends

Fwd Div Rate0.69 CAD

Trail. Div Rate0.69 CAD

Div. Yield8.90%

5Y Avg Yield5.40%

Payout Ratio604.65%

Ex-Div DateSep 29, 2026

Pay DateOct 15, 2026

Splits

Last Split173:1000

Split DateNov 24, 2023

Analyst Consensus

Rating—

Target (Mean)9.625 CAD

Upside (mean)+27.5%

Target Range9.250 CAD – 10.00 CAD

9.250+27.5% to mean10.00

# Analysts2

Ownership

Shares Out.14.07M

Float12.36M

Insiders12.17%

Institutions1.00%

Short Interest

Short Ratio3.7d

Short % Out.0.34%

Shares Short47.23K

Short (prev mo.)6.64K

Technical

SMA 508.439 (-10.5%)

SMA 2008.501 (-11.2%)

Beta1.04

S&P 52W Chg14.58%

Avg Vol (30d)16.26K

Avg Vol (10d)18.21K

Technical Indicators

RSI (14)16.2

MACD-0.2256

MACD Signal-0.1797

MACD Hist.-0.0459

BB Upper8.545 CAD

BB Middle8.040 CAD

BB Lower7.535 CAD

BB Width12.56%

ATR (14)0.1303 CAD

Vol Ratio (20d)1.28x