CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CRT-UN - CA1264621006 - REIT
16.91 CAD
+0.02 (+0.12%)
Overall CRT-UN gets a fundamental rating of 5 out of 10. We evaluated CRT-UN against 37 industry peers in the Diversified REITs industry. CRT-UN scores excellent on profitability, but there are concerns on its financial health. CRT-UN has a decent growth rate and is not valued too expensively. CRT-UN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CRT-UN was profitable.
In the past year CRT-UN had a positive cash flow from operations.
Each year in the past 5 years CRT-UN has been profitable.
CRT-UN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CRT-UN has a Return On Assets of 2.82%. This is in the better half of the industry: CRT-UN outperforms 70.27% of its industry peers.
CRT-UN's Return On Equity of 11.09% is amongst the best of the industry. CRT-UN outperforms 97.30% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.50%, CRT-UN is in the better half of the industry, outperforming 75.68% 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 in line with the industry average of 5.57%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.82% | ||
| ROE | 11.09% | ||
| 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
With an excellent Profit Margin value of 35.57%, CRT-UN belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
CRT-UN's Profit Margin has improved in the last couple of years.
CRT-UN's Operating Margin of 75.37% is amongst the best of the industry. CRT-UN outperforms 94.59% 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.
CRT-UN has a better Gross Margin (96.00%) 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 | 75.37% | ||
| PM (TTM) | 35.57% | ||
| GM | 96% |
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
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.
Compared to 1 year ago, CRT-UN has an improved debt to assets ratio.
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.
CRT-UN has a debt to FCF ratio of 7.02. This is a slightly negative value and a sign of low solvency as CRT-UN would need 7.02 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.02, CRT-UN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
A Debt/Equity ratio of 1.52 is on the high side and indicates that CRT-UN has dependencies on debt financing.
CRT-UN has a worse Debt to Equity ratio (1.52) than 72.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.52 | ||
| Debt/FCF | 7.02 | ||
| Altman-Z | 0.55 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.09 indicates that CRT-UN may have some problems paying its short term obligations.
CRT-UN's Current ratio of 0.09 is on the low side compared to the rest of the industry. CRT-UN is outperformed by 75.68% of its industry peers.
A Quick Ratio of 0.09 indicates that CRT-UN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.09, CRT-UN is doing worse than 75.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 39.85% over the past year.
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 4.11% in the last year.
The Revenue has been growing slightly by 3.43% on average over the past years.
EPS 1Y (TTM)39.85%
EPS 3Y-3.06%
EPS 5Y6.73%
EPS Q2Q%24.66%
Revenue 1Y (TTM)4.11%
Revenue growth 3Y3.99%
Revenue growth 5Y3.43%
Sales Q2Q%4.54%
3.2 Future
The Earnings Per Share is expected to decrease by -0.25% on average over the next years.
CRT-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.09% yearly.
EPS Next Y9.85%
EPS Next 2Y-1.91%
EPS Next 3Y-0.25%
EPS Next 5YN/A
Revenue Next Year4.41%
Revenue Next 2Y4.37%
Revenue Next 3Y4.09%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 26.42, which means the current valuation is very expensive for CRT-UN.
Based on the Price/Earnings ratio, CRT-UN is valued a bit cheaper than the industry average as 62.16% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.25, CRT-UN is valued at the same level.
Based on the Price/Forward Earnings ratio of 13.18, the valuation of CRT-UN can be described as correct.
Based on the Price/Forward Earnings ratio, CRT-UN is valued a bit cheaper than the industry average as 72.97% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.98, CRT-UN is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.42 | ||
| Fwd PE | 13.18 |
4.2 Price Multiples
CRT-UN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CRT-UN is cheaper than 94.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.17 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CRT-UN does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of CRT-UN may justify a higher PE ratio.
PEG (NY)2.68
PEG (5Y)3.93
EPS Next 2Y-1.91%
EPS Next 3Y-0.25%
5. Dividend
5.1 Amount
CRT-UN has a Yearly Dividend Yield of 5.52%, which is a nice return.
Compared to an average industry Dividend Yield of 7.04, CRT-UN is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 1.92, 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
39.34% of the earnings are spent on dividend by CRT-UN. This is a low number and sustainable payout ratio.
DP39.34%
EPS Next 2Y-1.91%
EPS Next 3Y-0.25%
TSX:CRT-UN (1/12/2026, 7:00:00 PM)
16.91
+0.02 (+0.12%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners17.66%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap1.86B
Revenue(TTM)596.77M
Net Income(TTM)212.25M
Analysts53.85
Price Target17.3 (2.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.52% |
Yearly Dividend0.34
Dividend Growth(5Y)3.35%
DP39.34%
Div Incr Years11
Div Non Decr Years11
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)2.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)7.41%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.42 | ||
| Fwd PE | 13.18 | ||
| P/S | 3.11 | ||
| P/FCF | 4.17 | ||
| P/OCF | 4.17 | ||
| P/B | 0.97 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.64
EY3.78%
EPS(NY)1.28
Fwd EY7.59%
FCF(TTM)4.06
FCFY23.99%
OCF(TTM)4.06
OCFY23.99%
SpS5.44
BVpS17.44
TBVpS17.44
PEG (NY)2.68
PEG (5Y)3.93
Graham Number15.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.82% | ||
| ROE | 11.09% | ||
| ROCE | 6.36% | ||
| ROIC | 4.5% | ||
| ROICexc | 4.51% | ||
| ROICexgc | 4.51% | ||
| OM | 75.37% | ||
| PM (TTM) | 35.57% | ||
| GM | 96% | ||
| FCFM | 74.61% |
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 | 1.52 | ||
| Debt/FCF | 7.02 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 3.42 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 209.77% | ||
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 | ||
| 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)39.85%
EPS 3Y-3.06%
EPS 5Y6.73%
EPS Q2Q%24.66%
EPS Next Y9.85%
EPS Next 2Y-1.91%
EPS Next 3Y-0.25%
EPS Next 5YN/A
Revenue 1Y (TTM)4.11%
Revenue growth 3Y3.99%
Revenue growth 5Y3.43%
Sales Q2Q%4.54%
Revenue Next Year4.41%
Revenue Next 2Y4.37%
Revenue Next 3Y4.09%
Revenue Next 5YN/A
EBIT growth 1Y4.07%
EBIT growth 3Y3.62%
EBIT growth 5Y3.46%
EBIT Next Year5.02%
EBIT Next 3Y4.69%
EBIT Next 5YN/A
FCF growth 1Y3.38%
FCF growth 3Y2.31%
FCF growth 5Y3.77%
OCF growth 1Y3.38%
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.
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.
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.
Can you provide the expected EPS growth for CRT-UN stock?
The Earnings per Share (EPS) of CT REAL ESTATE INVESTMENT TR (CRT-UN.CA) is expected to grow by 9.85% in the next year.
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 7 / 10 and the dividend payout ratio is 39.34%.