True North Commercial Real Estate Investment TrustTNT-UN.TO

$8.46+0.00 (+0.00%)
TSXReal Estate24:00 UTC

Company snapshot

Market Cap
$122M
Micro-cap
-80%
2016 — today
10-Year Price
-75%
2016 — today
52-Week Range
$8.01$9.59
Current $8.46· 28%

Established under Ontario law, True North Commercial Real Estate Investment Trust (REIT) operates as an open-ended, unincorporated trust. It oversees a portfolio of 48 commercial properties, encompassing approximately 4.8 million square feet, strategically located in Canada's major urban and select secondary markets. The REIT's focus is on securing long-term leases with government and high-credit-rated tenants. Growth is primarily driven by expanding its asset base through acquisitions across Canada and in other advantageous jurisdictions where opportunities arise.

Valuation in context

P/E ratio
-3.7
N/A
Not meaningful — company is unprofitable
P/B ratio
0.3
Historically cheap
Historically cheap relative to the last 10 years
EV / EBITDA
2,752.7
Near historic high
Near historic highs — last 10 years
Dividend Yield
8.2%
Historically low
Historically low relative to the last 10 years
FCF Yield
54.5%
Near historic high
Near historic highs — last 10 years
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