CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) Fundamental Analysis & Valuation

TSX:CRT-UN • CA1264621006

Current stock price

17.61 CAD
+0.23 (+1.32%)
Last:

This CRT-UN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. CRT-UN.CA Profitability Analysis

1.1 Basic Checks

  • CRT-UN had positive earnings in the past year.
  • In the past year CRT-UN had a positive cash flow from operations.
  • 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.
CRT-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFCRT-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

1.2 Ratios

  • CRT-UN has a Return On Assets of 3.08%. This is in the better half of the industry: CRT-UN outperforms 78.79% of its industry peers.
  • CRT-UN's Return On Equity of 12.04% is amongst the best of the industry. CRT-UN outperforms 96.97% of its industry peers.
  • With a Return On Invested Capital value of 4.40%, CRT-UN perfoms like the industry average, outperforming 48.48% of the companies in the same industry.
  • CRT-UN had an Average Return On Invested Capital over the past 3 years of 4.55%. This is below the industry average of 7.00%.
Industry RankSector Rank
ROA 3.08%
ROE 12.04%
ROIC 4.4%
ROA(3y)2.45%
ROA(5y)2.54%
ROE(3y)9.71%
ROE(5y)10.14%
ROIC(3y)4.55%
ROIC(5y)4.51%
CRT-UN.CA Yearly ROA, ROE, ROICCRT-UN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • CRT-UN has a Profit Margin of 39.46%. This is amongst the best in the industry. CRT-UN outperforms 84.85% of its industry peers.
  • CRT-UN's Profit Margin has improved in the last couple of years.
  • CRT-UN has a better Operating Margin (75.01%) than 100.00% of its industry peers.
  • In the last couple of years the Operating Margin of CRT-UN has remained more or less at the same level.
  • The Gross Margin of CRT-UN (96.01%) is better than 100.00% of its industry peers.
  • CRT-UN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 75.01%
PM (TTM) 39.46%
GM 96.01%
OM growth 3Y-0.62%
OM growth 5Y-0.1%
PM growth 3Y12.35%
PM growth 5Y18.82%
GM growth 3Y-0.11%
GM growth 5Y0.06%
CRT-UN.CA Yearly Profit, Operating, Gross MarginsCRT-UN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. CRT-UN.CA Health Analysis

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.
CRT-UN.CA Yearly Shares OutstandingCRT-UN.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
CRT-UN.CA Yearly Total Debt VS Total AssetsCRT-UN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • CRT-UN has an Altman-Z score of 0.54. 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 (0.54) which is comparable to the rest of the industry.
  • CRT-UN has a debt to FCF ratio of 7.01. This is a slightly negative value and a sign of low solvency as CRT-UN would need 7.01 years to pay back of all of its debts.
  • CRT-UN's Debt to FCF ratio of 7.01 is amongst the best of the industry. CRT-UN outperforms 100.00% of its industry peers.
  • A Debt/Equity ratio of 1.51 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 1.51, CRT-UN is doing worse than 72.73% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.51
Debt/FCF 7.01
Altman-Z 0.54
ROIC/WACCN/A
WACCN/A
CRT-UN.CA Yearly LT Debt VS Equity VS FCFCRT-UN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

  • CRT-UN has a Current Ratio of 0.04. 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 (0.04) than 81.82% of its industry peers.
  • A Quick Ratio of 0.04 indicates that CRT-UN may have some problems paying its short term obligations.
  • The Quick ratio of CRT-UN (0.04) is worse than 81.82% of its industry peers.
Industry RankSector Rank
Current Ratio 0.04
Quick Ratio 0.04
CRT-UN.CA Yearly Current Assets VS Current LiabilitesCRT-UN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. CRT-UN.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 39.36% over the past year.
  • Measured over the past years, CRT-UN shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.96% on average per year.
  • The Revenue has been growing slightly by 4.42% in the past year.
  • The Revenue has been growing slightly by 3.76% on average over the past years.
EPS 1Y (TTM)39.36%
EPS 3Y30.37%
EPS 5Y30.96%
EPS Q2Q%99.89%
Revenue 1Y (TTM)4.42%
Revenue growth 3Y4.28%
Revenue growth 5Y3.76%
Sales Q2Q%5.14%

3.2 Future

  • CRT-UN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.68% yearly.
  • The Revenue is expected to grow by 3.94% on average over the next years.
EPS Next Y-14.48%
EPS Next 2Y-5.68%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.41%
Revenue Next 2Y3.94%
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.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
CRT-UN.CA Yearly Revenue VS EstimatesCRT-UN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
CRT-UN.CA Yearly EPS VS EstimatesCRT-UN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1

More info and screens

Find the best growth stocksShow best growing peers

5

4. CRT-UN.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 21.22, CRT-UN is valued on the expensive side.
  • Based on the Price/Earnings ratio, CRT-UN is valued a bit cheaper than 63.64% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.47. CRT-UN is valued slightly cheaper when compared to this.
  • A Price/Forward Earnings ratio of 14.06 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 66.67% 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 (22.62), we can say CRT-UN is valued slightly cheaper.
Industry RankSector Rank
PE 21.22
Fwd PE 14.06
CRT-UN.CA Price Earnings VS Forward Price EarningsCRT-UN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, CRT-UN is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 4.24
EV/EBITDA N/A
CRT-UN.CA Per share dataCRT-UN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The decent profitability rating of CRT-UN may justify a higher PE ratio.
  • A cheap valuation may be justified as CRT-UN's earnings are expected to decrease with -5.68% in the coming years.
PEG (NY)N/A
PEG (5Y)0.69
EPS Next 2Y-5.68%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. CRT-UN.CA Dividend Analysis

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 6.43.
  • Compared to an average S&P500 Dividend Yield of 1.81, CRT-UN pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.52%

5.2 History

  • The dividend of CRT-UN has a limited annual growth rate of 4.23%.
  • CRT-UN has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.23%
Div Incr Years0
Div Non Decr Years0
CRT-UN.CA Yearly Dividends per shareCRT-UN.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8

5.3 Sustainability

  • CRT-UN pays out 35.53% of its income as dividend. This is a sustainable payout ratio.
DP35.53%
EPS Next 2Y-5.68%
EPS Next 3YN/A
CRT-UN.CA Yearly Income VS Free CF VS DividendCRT-UN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
CRT-UN.CA Dividend Payout.CRT-UN.CA Dividend Payout, showing the Payout Ratio.CRT-UN.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

CRT-UN.CA Fundamentals: All Metrics, Ratios and Statistics

CT REAL ESTATE INVESTMENT TR

TSX:CRT-UN (4/23/2026, 7:00:00 PM)

17.61

+0.23 (+1.32%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-17
Earnings (Next)05-11
Inst Owners16.71%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap1.94B
Revenue(TTM)604.25M
Net Income(TTM)238.44M
Analysts53.85
Price Target17.84 (1.31%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.52%
Yearly Dividend0.36
Dividend Growth(5Y)4.23%
DP35.53%
Div Incr Years0
Div Non Decr Years0
Ex-Date04-30
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)1.08%
PT rev (3m)3.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.36%
EPS NY rev (3m)-2.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0.03%
Valuation
Industry RankSector Rank
PE 21.22
Fwd PE 14.06
P/S 3.21
P/FCF 4.24
P/OCF 4.24
P/B 0.98
P/tB 0.98
EV/EBITDA N/A
EPS(TTM)0.83
EY4.71%
EPS(NY)1.25
Fwd EY7.11%
FCF(TTM)4.15
FCFY23.57%
OCF(TTM)4.15
OCFY23.57%
SpS5.48
BVpS17.97
TBVpS17.97
PEG (NY)N/A
PEG (5Y)0.69
Graham Number18.3213 (4.04%)
Profitability
Industry RankSector Rank
ROA 3.08%
ROE 12.04%
ROCE 6.28%
ROIC 4.4%
ROICexc 4.41%
ROICexgc 4.41%
OM 75.01%
PM (TTM) 39.46%
GM 96.01%
FCFM 75.7%
ROA(3y)2.45%
ROA(5y)2.54%
ROE(3y)9.71%
ROE(5y)10.14%
ROIC(3y)4.55%
ROIC(5y)4.51%
ROICexc(3y)4.56%
ROICexc(5y)4.52%
ROICexgc(3y)4.56%
ROICexgc(5y)4.52%
ROCE(3y)6.41%
ROCE(5y)6.35%
ROICexgc growth 3Y0.05%
ROICexgc growth 5Y-0.8%
ROICexc growth 3Y0.05%
ROICexc growth 5Y-0.8%
OM growth 3Y-0.62%
OM growth 5Y-0.1%
PM growth 3Y12.35%
PM growth 5Y18.82%
GM growth 3Y-0.11%
GM growth 5Y0.06%
F-Score6
Asset Turnover0.08
Health
Industry RankSector Rank
Debt/Equity 1.51
Debt/FCF 7.01
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 3.35
Cash Conversion N/A
Profit Quality 191.85%
Current Ratio 0.04
Quick Ratio 0.04
Altman-Z 0.54
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)271.31%
Profit Quality(5y)255.77%
High Growth Momentum
Growth
EPS 1Y (TTM)39.36%
EPS 3Y30.37%
EPS 5Y30.96%
EPS Q2Q%99.89%
EPS Next Y-14.48%
EPS Next 2Y-5.68%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.42%
Revenue growth 3Y4.28%
Revenue growth 5Y3.76%
Sales Q2Q%5.14%
Revenue Next Year4.41%
Revenue Next 2Y3.94%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y3.74%
EBIT growth 3Y3.64%
EBIT growth 5Y3.66%
EBIT Next Year5.61%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y4.91%
FCF growth 3Y4.64%
FCF growth 5Y4.29%
OCF growth 1Y4.91%
OCF growth 3Y4.64%
OCF growth 5Y4.29%

CT REAL ESTATE INVESTMENT TR / CRT-UN.CA Fundamental Analysis FAQ

What is the fundamental rating for CRT-UN stock?

ChartMill assigns a fundamental rating of 5 / 10 to CRT-UN.CA.


What is the valuation status of CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) stock?

ChartMill assigns a valuation rating of 5 / 10 to CT REAL ESTATE INVESTMENT TR (CRT-UN.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for CT REAL ESTATE INVESTMENT TR?

CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) has a profitability rating of 7 / 10.


Can you provide the financial health for CRT-UN stock?

The financial health rating of CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) is 2 / 10.


Can you provide the dividend sustainability for CRT-UN stock?

The dividend rating of CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) is 5 / 10 and the dividend payout ratio is 35.53%.