XTSECRT.UN
Market cap2.41bUSD
Dec 24, Last price
14.39CAD
1D
-0.48%
1Q
-9.89%
Jan 2017
-4.07%
IPO
32.50%
Name
CT Real Estate Investment Trust
Chart & Performance
Profile
CT Real Estate Investment Trust (TSX:CRT.UN) is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties primarily located in Canada. Its portfolio is comprised of over 350 properties totaling approximately 29 million square feet of GLA, consisting primarily of net leased single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 552,772 3.75% | 532,795 3.55% | 514,537 2.43% | |||||||
Cost of revenue | 130,760 | 125,611 | 121,883 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 422,012 | 407,184 | 392,654 | |||||||
NOPBT Margin | 76.34% | 76.42% | 76.31% | |||||||
Operating Taxes | (28,101) | 105,720 | ||||||||
Tax Rate | 26.92% | |||||||||
NOPAT | 422,012 | 435,285 | 286,934 | |||||||
Net income | 105,287 -67.57% | 324,613 -7.55% | 351,139 366.56% | |||||||
Dividends | (189,108) | (180,541) | (171,603) | |||||||
Dividend yield | 3.83% | 5.76% | 5.16% | |||||||
Proceeds from repurchase of equity | (70,294) | (63,992) | (64,072) | |||||||
BB yield | 1.42% | 2.04% | 1.92% | |||||||
Debt | ||||||||||
Debt current | 1,431 | 156,700 | 240,534 | |||||||
Long-term debt | 1,630,213 | 1,385,128 | 1,137,325 | |||||||
Deferred revenue | 3,017,616 | 2,821,953 | ||||||||
Other long-term liabilities | 1,256,748 | (1,663,139) | (1,439,613) | |||||||
Net debt | 1,610,878 | 1,539,217 | 1,374,304 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 425,055 | 399,273 | 407,201 | |||||||
CAPEX | (31,742) | (30,142) | (35,857) | |||||||
Cash from investing activities | (186,529) | (219,617) | (146,766) | |||||||
Cash from financing activities | (220,371) | (180,600) | (261,411) | |||||||
FCF | 509,621 | 149,942 | (49,806) | |||||||
Balance | ||||||||||
Cash | 20,766 | 2,611 | 3,555 | |||||||
Long term investments | ||||||||||
Excess cash | ||||||||||
Stockholders' equity | 3,847,769 | 8,240,181 | 7,885,406 | |||||||
Invested Capital | 6,635,061 | 6,620,606 | 6,362,574 | |||||||
ROIC | 6.37% | 6.71% | 4.63% | |||||||
ROCE | 6.36% | 6.06% | 6.10% | |||||||
EV | ||||||||||
Common stock shares outstanding | 337,340 | 200,888 | 192,195 | |||||||
Price | 14.65 -6.03% | 15.59 -9.99% | 17.32 10.53% | |||||||
Market cap | 4,942,028 57.80% | 3,131,849 -5.92% | 3,328,825 7.20% | |||||||
EV | 8,693,339 | 7,385,824 | 7,288,021 | |||||||
EBITDA | 422,012 | 404,237 | 389,276 | |||||||
EV/EBITDA | 20.60 | 18.27 | 18.72 | |||||||
Interest | 114,482 | 110,672 | 105,720 | |||||||
Interest/NOPBT | 27.13% | 27.18% | 26.92% |