TRUE NORTH COMMERCIAL REAL E (TNT-UN.CA) Stock Fundamental Analysis
TSX:TNT-UN - Toronto Stock Exchange - CA89784Y4076 - REIT - Currency: CAD
Overall TNT-UN gets a fundamental rating of 3 out of 10. We evaluated TNT-UN against 43 industry peers in the Diversified REITs industry. TNT-UN has a medium profitability rating, but doesn't score so well on its financial health evaluation. TNT-UN is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TNT-UN has reported negative net income.
In the past year TNT-UN had a positive cash flow from operations.
TNT-UN had positive earnings in 4 of the past 5 years.
In the past 5 years TNT-UN always reported a positive cash flow from operatings.
1.2 Ratios
TNT-UN's Return On Assets of -0.94% is in line compared to the rest of the industry. TNT-UN outperforms 58.14% of its industry peers.
With a Return On Equity value of -2.70%, TNT-UN perfoms like the industry average, outperforming 55.81% of the companies in the same industry.
With a decent Return On Invested Capital value of 4.60%, TNT-UN is doing good in the industry, outperforming 67.44% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TNT-UN is in line with the industry average of 5.49%.
The last Return On Invested Capital (4.60%) for TNT-UN is above the 3 year average (4.48%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.94% | ||
| ROE | -2.7% | ||
| ROIC | 4.6% |
ROA(3y)0.55%
ROA(5y)1.25%
ROE(3y)1.21%
ROE(5y)3.16%
ROIC(3y)4.48%
ROIC(5y)4.09%
1.3 Margins
TNT-UN has a worse Operating Margin (46.20%) than 69.77% of its industry peers.
In the last couple of years the Operating Margin of TNT-UN has remained more or less at the same level.
With a Gross Margin value of 52.86%, TNT-UN is not doing good in the industry: 72.09% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of TNT-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.2% | ||
| PM (TTM) | N/A | ||
| GM | 52.86% |
OM growth 3Y-0.21%
OM growth 5Y-0.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.96%
GM growth 5Y-1.4%
2. Health
2.1 Basic Checks
The number of shares outstanding for TNT-UN has been reduced compared to 1 year ago.
The number of shares outstanding for TNT-UN has been increased compared to 5 years ago.
TNT-UN has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.04, we must say that TNT-UN is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.04, TNT-UN is doing worse than 79.07% of the companies in the same industry.
TNT-UN has a debt to FCF ratio of 10.00. This is a negative value and a sign of low solvency as TNT-UN would need 10.00 years to pay back of all of its debts.
The Debt to FCF ratio of TNT-UN (10.00) is better than 86.05% of its industry peers.
TNT-UN has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.13, TNT-UN is in line with its industry, outperforming 55.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 10 | ||
| Altman-Z | -0.04 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.23 indicates that TNT-UN may have some problems paying its short term obligations.
TNT-UN has a Current ratio (0.23) which is in line with its industry peers.
A Quick Ratio of 0.23 indicates that TNT-UN may have some problems paying its short term obligations.
With a Quick ratio value of 0.23, TNT-UN perfoms like the industry average, outperforming 51.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.23 | ||
| Quick Ratio | 0.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 76.76% over the past year.
TNT-UN shows a decrease in Revenue. In the last year, the revenue decreased by -4.97%.
TNT-UN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.70% yearly.
EPS 1Y (TTM)76.76%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%91.07%
Revenue 1Y (TTM)-4.97%
Revenue growth 3Y-1.75%
Revenue growth 5Y8.7%
Sales Q2Q%-7.18%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for TNT-UN. In the last year negative earnings were reported.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TNT-UN indicates a rather cheap valuation: TNT-UN is cheaper than 95.35% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.59 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
TNT-UN has a Yearly Dividend Yield of 22.00%, which is a nice return.
The stock price of TNT-UN dropped by -24.83% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 8.03, TNT-UN pays a better dividend. On top of this TNT-UN pays more dividend than 100.00% of the companies listed in the same industry.
TNT-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 | 22% |
5.2 History
The dividend of TNT-UN decreases each year by -8.66%.
TNT-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-8.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of TNT-UN are negative and hence is the payout ratio. TNT-UN will probably not be able to sustain this dividend level.
DP-39.62%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:TNT-UN (2/24/2025, 7:00:00 PM)
8.66
-0.06 (-0.69%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners1.58%
Inst Owner ChangeN/A
Ins Owners11.99%
Ins Owner ChangeN/A
Market Cap121.93M
Analysts48.57
Price Target11.86 (36.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 22% |
Yearly Dividend1.97
Dividend Growth(5Y)-8.66%
DP-39.62%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)-1.06%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.95 | ||
| P/FCF | 1.59 | ||
| P/OCF | 1.59 | ||
| P/B | 0.28 | ||
| P/tB | 0.28 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.82
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.44
FCFY62.85%
OCF(TTM)5.44
OCFY62.85%
SpS9.1
BVpS30.82
TBVpS30.82
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.94% | ||
| ROE | -2.7% | ||
| ROCE | 6.54% | ||
| ROIC | 4.6% | ||
| ROICexc | 4.65% | ||
| ROICexgc | 4.65% | ||
| OM | 46.2% | ||
| PM (TTM) | N/A | ||
| GM | 52.86% | ||
| FCFM | 59.83% |
ROA(3y)0.55%
ROA(5y)1.25%
ROE(3y)1.21%
ROE(5y)3.16%
ROIC(3y)4.48%
ROIC(5y)4.09%
ROICexc(3y)4.52%
ROICexc(5y)4.13%
ROICexgc(3y)4.52%
ROICexgc(5y)4.13%
ROCE(3y)6.3%
ROCE(5y)5.73%
ROICexcg growth 3Y1.79%
ROICexcg growth 5Y2.27%
ROICexc growth 3Y1.79%
ROICexc growth 5Y2.27%
OM growth 3Y-0.21%
OM growth 5Y-0.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.96%
GM growth 5Y-1.4%
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 10 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.87 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.23 | ||
| Quick Ratio | 0.23 | ||
| Altman-Z | -0.04 |
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)76.76%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%91.07%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-4.97%
Revenue growth 3Y-1.75%
Revenue growth 5Y8.7%
Sales Q2Q%-7.18%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-22.2%
EBIT growth 3Y-1.95%
EBIT growth 5Y8.44%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-10.47%
FCF growth 3Y-6.82%
FCF growth 5Y6.77%
OCF growth 1Y-10.47%
OCF growth 3Y-6.82%
OCF growth 5Y6.77%