CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) Stock Fundamental Analysis
Canada - TSX:CRT-UN - CA1264621006 - REIT
16.05 CAD
+0.08 (+0.5%)
Taking everything into account, CRT-UN scores 5 out of 10 in our fundamental rating. CRT-UN was compared to 38 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.
In the past 5 years CRT-UN has always been profitable.
Each year in the past 5 years CRT-UN had a positive operating cash flow.
1.2 Ratios
CRT-UN has a better Return On Assets (2.72%) than 81.58% of its industry peers.
CRT-UN's Return On Equity of 10.71% is amongst the best of the industry. CRT-UN outperforms 97.37% of its industry peers.
CRT-UN has a better Return On Invested Capital (4.50%) than 84.21% of its industry peers.
CRT-UN had an Average Return On Invested Capital over the past 3 years of 4.55%. This is in line with the industry average of 5.46%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.72% | ||
| ROE | 10.71% | ||
| ROIC | 4.5% |
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 34.17%. This is amongst the best in the industry. CRT-UN outperforms 86.84% of its industry peers.
CRT-UN's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 75.04%, CRT-UN belongs to the best of the industry, outperforming 97.37% of the companies in the same industry.
In the last couple of years the Operating Margin of CRT-UN has remained more or less at the same level.
CRT-UN has a better Gross Margin (95.95%) than 100.00% of its industry peers.
CRT-UN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 75.04% | ||
| PM (TTM) | 34.17% | ||
| GM | 95.95% |
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
Compared to 1 year ago, CRT-UN has more shares outstanding
Compared to 5 years ago, CRT-UN has more shares outstanding
The debt/assets ratio for CRT-UN has been reduced compared to a year ago.
2.2 Solvency
CRT-UN has an Altman-Z score of 0.55. This is a bad value and indicates that CRT-UN is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CRT-UN (0.55) is comparable to the rest of the industry.
The Debt to FCF ratio of CRT-UN is 6.98, which is on the high side as it means it would take CRT-UN, 6.98 years of fcf income to pay off all of its debts.
CRT-UN has a better Debt to FCF ratio (6.98) than 100.00% of its industry peers.
A Debt/Equity ratio of 1.53 is on the high side and indicates that CRT-UN has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.53, CRT-UN is doing worse than 71.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 0.55 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
CRT-UN has a Current Ratio of 0.12. This is a bad value and indicates that CRT-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
CRT-UN has a worse Current ratio (0.12) than 60.53% of its industry peers.
A Quick Ratio of 0.12 indicates that CRT-UN may have some problems paying its short term obligations.
CRT-UN has a worse Quick ratio (0.12) than 60.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 |
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 74.81%, which is quite impressive.
The Earnings Per Share has been growing slightly by 6.73% on average over the past years.
Looking at the last year, CRT-UN shows a small growth in Revenue. The Revenue has grown by 4.26% in the last year.
The Revenue has been growing slightly by 3.43% on average over the past years.
EPS 1Y (TTM)74.81%
EPS 3Y-3.06%
EPS 5Y6.73%
EPS Q2Q%4.94%
Revenue 1Y (TTM)4.26%
Revenue growth 3Y3.99%
Revenue growth 5Y3.43%
Sales Q2Q%3.7%
3.2 Future
The Earnings Per Share is expected to decrease by 0.00% on average over the next years.
Based on estimates for the next years, CRT-UN will show a small growth in Revenue. The Revenue will grow by 4.57% on average per year.
EPS Next Y2.27%
EPS Next 2Y-1.53%
EPS Next 3Y0%
EPS Next 5YN/A
Revenue Next Year4.62%
Revenue Next 2Y4.49%
Revenue Next 3Y4.57%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 26.31, CRT-UN can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of CRT-UN indicates a somewhat cheap valuation: CRT-UN is cheaper than 63.16% of the companies listed in the same industry.
CRT-UN's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.28.
The Price/Forward Earnings ratio is 12.41, which indicates a correct valuation of CRT-UN.
Based on the Price/Forward Earnings ratio, CRT-UN is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CRT-UN to the average of the S&P500 Index (33.61), we can say CRT-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.31 | ||
| Fwd PE | 12.41 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CRT-UN is valued cheaper than 94.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.98 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CRT-UN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)11.58
PEG (5Y)3.91
EPS Next 2Y-1.53%
EPS Next 3Y0%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.52%, CRT-UN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.95, CRT-UN is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.36, CRT-UN pays a better dividend.
| 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 been paying a dividend for at least 10 years, so it has 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
40.76% of the earnings are spent on dividend by CRT-UN. This is a bit on the high side, but may be sustainable.
CRT-UN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP40.76%
EPS Next 2Y-1.53%
EPS Next 3Y0%
TSX:CRT-UN (11/10/2025, 7:00:00 PM)
16.05
+0.08 (+0.5%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners16.5%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap1.76B
Revenue(TTM)590.21M
Net Income(TTM)201.67M
Analysts68.33
Price Target16.98 (5.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.52% |
Yearly Dividend0.34
Dividend Growth(5Y)3.35%
DP40.76%
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)0.52%
PT rev (3m)4.47%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)15.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.31 | ||
| Fwd PE | 12.41 | ||
| P/S | 2.98 | ||
| P/FCF | 3.98 | ||
| P/OCF | 3.98 | ||
| P/B | 0.94 | ||
| P/tB | 0.94 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.61
EY3.8%
EPS(NY)1.29
Fwd EY8.05%
FCF(TTM)4.03
FCFY25.1%
OCF(TTM)4.03
OCFY25.1%
SpS5.38
BVpS17.16
TBVpS17.16
PEG (NY)11.58
PEG (5Y)3.91
Graham Number15.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.72% | ||
| ROE | 10.71% | ||
| ROCE | 6.32% | ||
| ROIC | 4.5% | ||
| ROICexc | 4.51% | ||
| ROICexgc | 4.51% | ||
| OM | 75.04% | ||
| PM (TTM) | 34.17% | ||
| GM | 95.95% | ||
| FCFM | 74.88% |
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%
ROICexgc growth 3Y1.24%
ROICexgc 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-Score6
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 6.98 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 3.46 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 219.14% | ||
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 | ||
| Altman-Z | 0.55 |
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)297.13%
Profit Quality(5y)306%
High Growth Momentum
Growth
EPS 1Y (TTM)74.81%
EPS 3Y-3.06%
EPS 5Y6.73%
EPS Q2Q%4.94%
EPS Next Y2.27%
EPS Next 2Y-1.53%
EPS Next 3Y0%
EPS Next 5YN/A
Revenue 1Y (TTM)4.26%
Revenue growth 3Y3.99%
Revenue growth 5Y3.43%
Sales Q2Q%3.7%
Revenue Next Year4.62%
Revenue Next 2Y4.49%
Revenue Next 3Y4.57%
Revenue Next 5YN/A
EBIT growth 1Y2.75%
EBIT growth 3Y3.62%
EBIT growth 5Y3.46%
EBIT Next Year5.01%
EBIT Next 3Y4.63%
EBIT Next 5YN/A
FCF growth 1Y6.05%
FCF growth 3Y2.31%
FCF growth 5Y3.77%
OCF growth 1Y6.05%
OCF growth 3Y2.31%
OCF growth 5Y3.77%
CT REAL ESTATE INVESTMENT TR / CRT-UN.CA FAQ
What is the fundamental rating for CRT-UN stock?
ChartMill assigns a fundamental rating of 5 / 10 to CRT-UN.CA.
Can you provide the valuation status for CT REAL ESTATE INVESTMENT TR?
ChartMill assigns a valuation rating of 5 / 10 to CT REAL ESTATE INVESTMENT TR (CRT-UN.CA). This can be considered as Fairly Valued.
How profitable is CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) stock?
CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) has a profitability rating of 8 / 10.
What is the financial health of CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) stock?
The financial health rating of CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) is 2 / 10.
How sustainable is the dividend of CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) stock?
The dividend rating of CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) is 6 / 10 and the dividend payout ratio is 40.76%.