CT Real Estate Investment Trust CRT.UN
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
- CAD 13.88
- Day Range
- CAD 13.86–13.98
- 52-Week Range
- CAD 12.57–15.89
- Bid/Ask
- CAD 13.85 / CAD 13.96
- Market Cap
- CAD 3.28 Bil
- Volume/Avg
- 97,281 / 144,498
Key Statistics
- Price/Earnings (Normalized)
- 11.95
- Price/Sales
- 8.45
- Dividend Yield (Trailing)
- 6.44%
- Dividend Yield (Forward)
- 6.65%
- Total Yield
- 8.67%
Company Profile
CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The important portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Stock Style Box
- Mid Value
- Total Number of Employees
- 68
- Website
- https://www.ctreit.com
Comparables
Valuation
|
Metric
|
CRT.UN
|
AX.UN
|
MRG.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.95 | 9.05 | 11.19 |
Price/Book Value | 1.88 | 0.45 | 0.32 |
Price/Sales | 8.45 | 2.14 | 1.86 |
Price/Cash Flow | 12.48 | 9.58 | 7.22 |
Price/Earnings
CRT.UN
AX.UN
MRG.UN
Financial Strength
|
Metric
|
CRT.UN
|
AX.UN
|
MRG.UN
|
|---|---|---|---|
Quick Ratio | 0.17 | 0.06 | 0.12 |
Current Ratio | 0.19 | 1.00 | 0.19 |
Interest Coverage | 3.22 | −1.90 | 4.19 |
Quick Ratio
CRT.UN
AX.UN
MRG.UN
Profitability
|
Metric
|
CRT.UN
|
AX.UN
|
MRG.UN
|
|---|---|---|---|
Return on Assets (Normalized) | 3.74% | −7.39% | 3.91% |
Return on Equity (Normalized) | 15.09% | −17.27% | 8.82% |
Return on Invested Capital (Normalized) | 6.15% | −5.58% | 6.27% |
Return on Assets
CRT.UN
AX.UN
MRG.UN
REIT - Retail Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
SPG
| Simon Property Group Inc | Yyxgqykw | Xmb | $48.2 Bil | |
O
| Realty Income Corp | Zkqnvcnqcb | Rzc | $47.6 Bil | |
KIM
| Kimco Realty Corp | Kypvmqbp | Wkbm | $12.8 Bil | |
UNIRF
| Unibail-Rodamco-Westfield ADR | — | Xjnvw | $11.9 Bil | |
UNBLF
| Unibail-Rodamco-Westfield Act. SIIC ET STES FONC.EUROP. | — | Tsrj | $11.9 Bil | |
LKREF
| Link Real Estate Investment Trust | — | Vvdvf | $11.4 Bil | |
REG
| Regency Centers Corp | Flchrtx | Gsnjh | $11.0 Bil | |
STGPF
| Scentre Group | — | Swmb | $10.8 Bil | |
FRT
| Federal Realty Investment Trust | Ztphpsyk | Mjcms | $8.4 Bil | |
MAC
| Macerich Co | Vmtgpjpsg | Bmxq | $3.3 Bil |