CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) Stock Fundamental Analysis
TSX:CRT-UN - Toronto Stock Exchange - CA1264621006 - REIT - Currency: CAD
Overall CRT-UN gets a fundamental rating of 5 out of 10. We evaluated CRT-UN against 43 industry peers in the Diversified REITs industry. While CRT-UN has a great profitability rating, there are quite some concerns on its financial health. CRT-UN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CRT-UN was profitable.
CRT-UN had a positive operating cash flow in the past year.
CRT-UN had positive earnings in each of the past 5 years.
CRT-UN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 2.75%, CRT-UN belongs to the best of the industry, outperforming 90.70% of the companies in the same industry.
With an excellent Return On Equity value of 10.93%, CRT-UN belongs to the best of the industry, outperforming 95.35% of the companies in the same industry.
CRT-UN has a better Return On Invested Capital (4.67%) than 69.77% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CRT-UN is in line with the industry average of 5.49%.
The 3 year average ROIC (4.55%) for CRT-UN is below the current ROIC(4.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 10.93% | ||
| ROIC | 4.67% |
ROA(3y)2.14%
ROA(5y)2.2%
ROE(3y)8.61%
ROE(5y)8.86%
ROIC(3y)4.55%
ROIC(5y)4.55%
1.3 Margins
CRT-UN has a Profit Margin of 34.51%. This is amongst the best in the industry. CRT-UN outperforms 90.70% of its industry peers.
In the last couple of years the Profit Margin of CRT-UN has grown nicely.
CRT-UN's Operating Margin of 75.49% is amongst the best of the industry. CRT-UN outperforms 97.67% of its industry peers.
CRT-UN's Operating Margin has been stable in the last couple of years.
CRT-UN's Gross Margin of 95.93% is amongst the best of the industry. CRT-UN outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of CRT-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 75.49% | ||
| PM (TTM) | 34.51% | ||
| GM | 95.93% |
OM growth 3Y-0.36%
OM growth 5Y0.03%
PM growth 3Y-5.17%
PM growth 5Y4.3%
GM growth 3Y-0.19%
GM growth 5Y-0.08%
2. Health
2.1 Basic Checks
CRT-UN has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CRT-UN has been increased compared to 5 years ago.
CRT-UN has a better debt/assets ratio than last year.
2.2 Solvency
CRT-UN has an Altman-Z score of 0.49. This is a bad value and indicates that CRT-UN is not financially healthy and even has some risk of bankruptcy.
CRT-UN has a Altman-Z score (0.49) which is in line with its industry peers.
The Debt to FCF ratio of CRT-UN is 7.06, which is on the high side as it means it would take CRT-UN, 7.06 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CRT-UN (7.06) is better than 100.00% of its industry peers.
CRT-UN has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.44, CRT-UN is not doing good in the industry: 69.77% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 7.06 | ||
| Altman-Z | 0.49 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.02 indicates that CRT-UN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.02, CRT-UN is doing worse than 97.67% of the companies in the same industry.
A Quick Ratio of 0.02 indicates that CRT-UN may have some problems paying its short term obligations.
CRT-UN's Quick ratio of 0.02 is on the low side compared to the rest of the industry. CRT-UN is outperformed by 97.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.02 |
3. Growth
3.1 Past
CRT-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 84.16%, which is quite impressive.
Measured over the past 5 years, CRT-UN shows a small growth in Earnings Per Share. The EPS has been growing by 6.73% on average per year.
Looking at the last year, CRT-UN shows a small growth in Revenue. The Revenue has grown by 4.69% in the last year.
Measured over the past years, CRT-UN shows a small growth in Revenue. The Revenue has been growing by 3.43% on average per year.
EPS 1Y (TTM)84.16%
EPS 3Y-3.06%
EPS 5Y6.73%
EPS Q2Q%263.93%
Revenue 1Y (TTM)4.69%
Revenue growth 3Y3.99%
Revenue growth 5Y3.43%
Sales Q2Q%3.91%
3.2 Future
CRT-UN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.08% yearly.
CRT-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.76% yearly.
EPS Next Y-11.36%
EPS Next 2Y-3.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.26%
Revenue Next 2Y3.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
CRT-UN is valuated rather expensively with a Price/Earnings ratio of 24.23.
Based on the Price/Earnings ratio, CRT-UN is valued a bit cheaper than 72.09% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.62. CRT-UN is around the same levels.
A Price/Forward Earnings ratio of 12.30 indicates a correct valuation of CRT-UN.
69.77% of the companies in the same industry are more expensive than CRT-UN, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, CRT-UN is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.23 | ||
| Fwd PE | 12.3 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CRT-UN is valued cheaper than 93.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.63 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CRT-UN has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as CRT-UN's earnings are expected to decrease with -3.08% in the coming years.
PEG (NY)N/A
PEG (5Y)3.6
EPS Next 2Y-3.08%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.52%, CRT-UN is a good candidate for dividend investing.
CRT-UN's Dividend Yield is slightly below the industry average, which is at 8.03.
CRT-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.52% |
5.2 History
The dividend of CRT-UN has a limited annual growth rate of 3.35%.
CRT-UN has paid a dividend for at least 10 years, which is a reliable track record.
CRT-UN has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.35%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
CRT-UN pays out 40.05% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP40.05%
EPS Next 2Y-3.08%
EPS Next 3YN/A
TSX:CRT-UN (2/21/2025, 7:00:00 PM)
14.54
-0.2 (-1.36%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners16.98%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap1.58B
Analysts69.09
Price Target16.19 (11.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.52% |
Yearly Dividend0.34
Dividend Growth(5Y)3.35%
DP40.05%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.78%
PT rev (3m)-0.78%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.1%
EPS NY rev (3m)0.86%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.23 | ||
| Fwd PE | 12.3 | ||
| P/S | 2.74 | ||
| P/FCF | 3.63 | ||
| P/OCF | 3.63 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.6
EY4.13%
EPS(NY)1.18
Fwd EY8.13%
FCF(TTM)4
FCFY27.54%
OCF(TTM)4
OCFY27.54%
SpS5.31
BVpS16.78
TBVpS16.78
PEG (NY)N/A
PEG (5Y)3.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 10.93% | ||
| ROCE | 6.59% | ||
| ROIC | 4.67% | ||
| ROICexc | 4.68% | ||
| ROICexgc | 4.68% | ||
| OM | 75.49% | ||
| PM (TTM) | 34.51% | ||
| GM | 95.93% | ||
| FCFM | 75.35% |
ROA(3y)2.14%
ROA(5y)2.2%
ROE(3y)8.61%
ROE(5y)8.86%
ROIC(3y)4.55%
ROIC(5y)4.55%
ROICexc(3y)4.56%
ROICexc(5y)4.55%
ROICexgc(3y)4.56%
ROICexgc(5y)4.55%
ROCE(3y)6.38%
ROCE(5y)6.38%
ROICexcg growth 3Y1.24%
ROICexcg growth 5Y0%
ROICexc growth 3Y1.24%
ROICexc growth 5Y0%
OM growth 3Y-0.36%
OM growth 5Y0.03%
PM growth 3Y-5.17%
PM growth 5Y4.3%
GM growth 3Y-0.19%
GM growth 5Y-0.08%
F-Score7
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 7.06 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 3.49 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 218.37% | ||
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.02 | ||
| Altman-Z | 0.49 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)297.13%
Profit Quality(5y)306%
High Growth Momentum
Growth
EPS 1Y (TTM)84.16%
EPS 3Y-3.06%
EPS 5Y6.73%
EPS Q2Q%263.93%
EPS Next Y-11.36%
EPS Next 2Y-3.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.69%
Revenue growth 3Y3.99%
Revenue growth 5Y3.43%
Sales Q2Q%3.91%
Revenue Next Year3.26%
Revenue Next 2Y3.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y3.52%
EBIT growth 3Y3.62%
EBIT growth 5Y3.46%
EBIT Next Year4.42%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2.59%
FCF growth 3Y2.31%
FCF growth 5Y3.77%
OCF growth 1Y2.59%
OCF growth 3Y2.31%
OCF growth 5Y3.77%