True North Commercial REIT TUERF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $6.64
- Day Range
- $6.05–6.05
- 52-Week Range
- $0.97–14.34
- Bid/Ask
- $6.27 / $8.07
- Market Cap
- $90.71 Mil
- Volume/Avg
- 8,608 / 3,708
Key Statistics
- Price/Earnings (Normalized)
- 3.93
- Price/Sales
- 0.99
- Dividend Yield (Trailing)
- 15.18%
- Dividend Yield (Forward)
- 15.04%
- Total Yield
- 17.85%
Company Profile
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Small Value
- Total Number of Employees
- —
- Website
- https://www.truenorthreit.com
Comparables
Valuation
|
Metric
|
TUERF
|
MRG.UN
|
KMP.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 3.93 | 10.76 | 19.36 |
Price/Book Value | 0.28 | 0.31 | 0.80 |
Price/Sales | 0.99 | 1.80 | 5.68 |
Price/Cash Flow | 3.08 | 6.88 | 14.50 |
Price/Earnings
TUERF
MRG.UN
KMP.UN
Financial Strength
|
Metric
|
TUERF
|
MRG.UN
|
KMP.UN
|
|---|---|---|---|
Quick Ratio | 0.07 | 0.12 | 0.05 |
Current Ratio | 0.41 | 0.19 | 0.08 |
Interest Coverage | −0.24 | 4.19 | 5.57 |
Quick Ratio
TUERF
MRG.UN
KMP.UN
Profitability
|
Metric
|
TUERF
|
MRG.UN
|
KMP.UN
|
|---|---|---|---|
Return on Assets (Normalized) | −3.56% | 3.91% | 5.39% |
Return on Equity (Normalized) | −10.04% | 8.82% | 11.20% |
Return on Invested Capital (Normalized) | −1.26% | 6.27% | 7.12% |
Return on Assets
TUERF
MRG.UN
KMP.UN
REIT - Office Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ARE
| Alexandria Real Estate Equities Inc | Ytgqsxht | Cbvd | $20.4 Bil | |
BXP
| Boston Properties Inc | Nqxryptjq | Ktsp | $9.2 Bil | |
GECFF
| Gecina Nom | — | Jmxzfgl | $7.3 Bil | |
MRPRF
| Merlin Properties SOCIMI SA | — | Qdpr | $5.0 Bil | |
DEXSF
| Dexus | — | Qsbhpk | $5.0 Bil | |
VNO
| Vornado Realty Trust | Zvgstkkb | Bbcf | $4.9 Bil | |
MPCMF
| Mapletree Pan Asia Commercial Trust Units Real Estate Investment Trust Reg | — | Trlq | $4.7 Bil | |
KRC
| Kilroy Realty Corp | Rtcyfgqjq | Zgcp | $3.8 Bil | |
CUZ
| Cousins Properties Inc | — | Tsxfz | $3.4 Bil | |
SLG
| SL Green Realty Corp | Qpbltdx | Lllf | $3.1 Bil |