8.350CAD+0.60%Mkt Cap: 120.29M CADP/E: —Last update: 2026-05-26
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…
Industry Peers
REIT - Office10.85BUSDP/E 30.6
9.41BEURP/E 11.1
9.34BEURP/E 11.0
8.34BUSD—
6.68BUSDP/E 8.9
5.39BEURP/E 12.1
5.09BUSD—
4.40BUSD—
Indicators:|
Key Statistics
Company
Market Cap120.29M CAD
Enterprise Value845.15M CAD
Revenue (TTM)128.86M CAD
Gross Profit69.08M CAD
Net Income (TTM)-32.57M CAD
Revenue/Share9.256 CAD
Last Price8.350 CAD
Fiscal Year EndDec 2025
MR QuarterMar 2026
Employees—
CountryCA
SectorReal Estate
IndustryREIT - Office
ISIN—
Valuation
P/E (Trailing)—
P/E (Forward)—
PEG—
EV/EBITDA—
EV/Revenue6.56
P/S0.92
P/B0.31
EPS (TTM)-2.32
EPS (Forward)—
52W Range
7.99021% of range9.700
52W High9.700 CAD
52W Low7.990 CAD
Profitability
Gross Margin53.09%
Oper. Margin41.08%
EBITDA Margin0.00%
Profit Margin-25.03%
ROE-8.68%
ROA-2.79%
Growth
Revenue Growth-4.00%
Earnings Growth—
Cash Flow & Leverage
Operating CF71.22M CAD
CapEx (TTM)—
FCF Margin23.05%
FCF Yield24.69%
Net Debt730.02M CAD
Net Debt/EBITDA—
Balance Sheet
Debt/Equity1.95
Current Ratio0.18
Quick Ratio0.03
Book Value/Sh26.68 CAD
Cash/Share0.5790 CAD
Dividends
Fwd Div Rate0.6900 CAD
Trail. Div Rate0.5180 CAD
Div. Yield8.42%
5Y Avg Yield11.38%
Payout Ratio0.00%
Ex-Div DateMay 29, 2026
Pay DateMay 15, 2026
Splits
Last Split173:1000
Split DateNov 24, 2023
Analyst Consensus
Rating2.0 (Buy)
Target (Mean)9.500 CAD
Target Range9.000 CAD – 10.00 CAD
# Analysts2
Ownership
Shares Out.14.07M
Float12.35M
Insiders12.17%
Institutions1.81%
Short Interest
Short Ratio0.2d
Short % Out.0.02%
Shares Short28.98K
Short (prev mo.)73.23K
Technical
SMA 508.234 (+1.4%)
SMA 2008.818 (-5.3%)
Beta1.05
S&P 52W Chg28.31%
Avg Vol (30d)17.88K
Avg Vol (10d)16.38K
Technical Indicators
RSI (14)—
MACD—
MACD Signal—
MACD Hist.—
BB Upper—
BB Middle—
BB Lower—
BB Width—
ATR (14)—
Vol Ratio (20d)—