PLAZA RETAIL REIT (PLZ-UN.CA) Stock Fundamental Analysis
TSX:PLZ-UN - Toronto Stock Exchange - CA72820F1036 - REIT - Currency: CAD
Taking everything into account, PLZ-UN scores 5 out of 10 in our fundamental rating. PLZ-UN was compared to 38 industry peers in the Diversified REITs industry. PLZ-UN has an excellent profitability rating, but there are concerns on its financial health. PLZ-UN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PLZ-UN was profitable.
In the past year PLZ-UN had a positive cash flow from operations.
PLZ-UN had positive earnings in 4 of the past 5 years.
PLZ-UN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PLZ-UN has a better Return On Assets (1.99%) than 68.42% of its industry peers.
PLZ-UN has a Return On Equity of 4.60%. This is in the better half of the industry: PLZ-UN outperforms 63.16% of its industry peers.
The Return On Invested Capital of PLZ-UN (4.39%) is better than 60.53% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PLZ-UN is in line with the industry average of 5.66%.
The last Return On Invested Capital (4.39%) for PLZ-UN is above the 3 year average (4.29%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.99% | ||
| ROE | 4.6% | ||
| ROIC | 4.39% |
ROA(3y)2.62%
ROA(5y)2.95%
ROE(3y)6.24%
ROE(5y)7.07%
ROIC(3y)4.29%
ROIC(5y)4.35%
1.3 Margins
PLZ-UN's Profit Margin of 20.30% is fine compared to the rest of the industry. PLZ-UN outperforms 68.42% of its industry peers.
PLZ-UN's Profit Margin has declined in the last couple of years.
PLZ-UN has a better Operating Margin (54.16%) than 63.16% of its industry peers.
In the last couple of years the Operating Margin of PLZ-UN has declined.
The Gross Margin of PLZ-UN (85.91%) is better than 97.37% of its industry peers.
In the last couple of years the Gross Margin of PLZ-UN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.16% | ||
| PM (TTM) | 20.3% | ||
| GM | 85.91% |
OM growth 3Y-3.78%
OM growth 5Y-1.54%
PM growth 3Y-38.79%
PM growth 5Y-14.69%
GM growth 3Y9.84%
GM growth 5Y5.89%
2. Health
2.1 Basic Checks
The number of shares outstanding for PLZ-UN remains at a similar level compared to 1 year ago.
Compared to 5 years ago, PLZ-UN has more shares outstanding
PLZ-UN has a better debt/assets ratio than last year.
2.2 Solvency
PLZ-UN has an Altman-Z score of 0.73. This is a bad value and indicates that PLZ-UN is not financially healthy and even has some risk of bankruptcy.
PLZ-UN has a Altman-Z score of 0.73. This is in the better half of the industry: PLZ-UN outperforms 68.42% of its industry peers.
The Debt to FCF ratio of PLZ-UN is 16.92, which is on the high side as it means it would take PLZ-UN, 16.92 years of fcf income to pay off all of its debts.
PLZ-UN has a Debt to FCF ratio of 16.92. This is comparable to the rest of the industry: PLZ-UN outperforms 55.26% of its industry peers.
A Debt/Equity ratio of 0.99 indicates that PLZ-UN is somewhat dependend on debt financing.
PLZ-UN has a better Debt to Equity ratio (0.99) than 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 16.92 | ||
| Altman-Z | 0.73 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PLZ-UN has a Current Ratio of 0.15. This is a bad value and indicates that PLZ-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.15, PLZ-UN is doing worse than 71.05% of the companies in the same industry.
A Quick Ratio of 0.15 indicates that PLZ-UN may have some problems paying its short term obligations.
The Quick ratio of PLZ-UN (0.15) is worse than 71.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 |
3. Growth
3.1 Past
PLZ-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.16%, which is quite good.
PLZ-UN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.62% yearly.
PLZ-UN shows a small growth in Revenue. In the last year, the Revenue has grown by 6.56%.
Measured over the past years, PLZ-UN shows a small growth in Revenue. The Revenue has been growing by 1.51% on average per year.
EPS 1Y (TTM)12.16%
EPS 3Y-38.6%
EPS 5Y-14.62%
EPS Q2Q%-2.11%
Revenue 1Y (TTM)6.56%
Revenue growth 3Y3.12%
Revenue growth 5Y1.51%
Sales Q2Q%5.3%
3.2 Future
PLZ-UN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.48% yearly.
PLZ-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.85% yearly.
EPS Next Y58.33%
EPS Next 2Y27.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.48%
Revenue Next 2Y2.85%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 17.82, PLZ-UN is valued on the expensive side.
73.68% of the companies in the same industry are more expensive than PLZ-UN, based on the Price/Earnings ratio.
PLZ-UN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.45.
PLZ-UN is valuated reasonably with a Price/Forward Earnings ratio of 9.95.
84.21% of the companies in the same industry are more expensive than PLZ-UN, based on the Price/Forward Earnings ratio.
PLZ-UN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.82 | ||
| Fwd PE | 9.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PLZ-UN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.02 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PLZ-UN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of PLZ-UN may justify a higher PE ratio.
A more expensive valuation may be justified as PLZ-UN's earnings are expected to grow with 27.48% in the coming years.
PEG (NY)0.31
PEG (5Y)N/A
EPS Next 2Y27.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.97%, PLZ-UN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.95, PLZ-UN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, PLZ-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
5.2 History
The dividend of PLZ-UN decreases each year by -0.23%.
PLZ-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
PLZ-UN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.23%
Div Incr Years1
Div Non Decr Years20
5.3 Sustainability
123.91% of the earnings are spent on dividend by PLZ-UN. This is not a sustainable payout ratio.
DP123.91%
EPS Next 2Y27.48%
EPS Next 3YN/A
TSX:PLZ-UN (7/4/2025, 7:00:00 PM)
3.92
+0.04 (+1.03%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners1.2%
Inst Owner ChangeN/A
Ins Owners13.31%
Ins Owner ChangeN/A
Market Cap432.89M
Analysts77.78
Price Target4.29 (9.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
Yearly Dividend0.28
Dividend Growth(5Y)-0.23%
DP123.91%
Div Incr Years1
Div Non Decr Years20
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%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.82 | ||
| Fwd PE | 9.95 | ||
| P/S | 3.52 | ||
| P/FCF | 11.02 | ||
| P/OCF | 11.02 | ||
| P/B | 0.8 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.22
EY5.61%
EPS(NY)0.39
Fwd EY10.05%
FCF(TTM)0.36
FCFY9.07%
OCF(TTM)0.36
OCFY9.07%
SpS1.11
BVpS4.91
TBVpS4.91
PEG (NY)0.31
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.99% | ||
| ROE | 4.6% | ||
| ROCE | 6.28% | ||
| ROIC | 4.39% | ||
| ROICexc | 4.43% | ||
| ROICexgc | 4.43% | ||
| OM | 54.16% | ||
| PM (TTM) | 20.3% | ||
| GM | 85.91% | ||
| FCFM | 31.97% |
ROA(3y)2.62%
ROA(5y)2.95%
ROE(3y)6.24%
ROE(5y)7.07%
ROIC(3y)4.29%
ROIC(5y)4.35%
ROICexc(3y)4.32%
ROICexc(5y)4.39%
ROICexgc(3y)4.32%
ROICexgc(5y)4.39%
ROCE(3y)6.17%
ROCE(5y)6.26%
ROICexcg growth 3Y-0.41%
ROICexcg growth 5Y-1%
ROICexc growth 3Y-0.41%
ROICexc growth 5Y-1%
OM growth 3Y-3.78%
OM growth 5Y-1.54%
PM growth 3Y-38.79%
PM growth 5Y-14.69%
GM growth 3Y9.84%
GM growth 5Y5.89%
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 16.92 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.43 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 157.44% | ||
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 | ||
| Altman-Z | 0.73 |
F-Score6
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)146.68%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.16%
EPS 3Y-38.6%
EPS 5Y-14.62%
EPS Q2Q%-2.11%
EPS Next Y58.33%
EPS Next 2Y27.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.56%
Revenue growth 3Y3.12%
Revenue growth 5Y1.51%
Sales Q2Q%5.3%
Revenue Next Year2.48%
Revenue Next 2Y2.85%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y0.71%
EBIT growth 3Y-0.78%
EBIT growth 5Y-0.05%
EBIT Next Year9.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1.75%
FCF growth 3Y-6.14%
FCF growth 5Y-1.34%
OCF growth 1Y-1.75%
OCF growth 3Y-6.14%
OCF growth 5Y-1.34%