PLAZA RETAIL REIT (PLZ-UN.CA) Stock Fundamental Analysis
TSX:PLZ-UN - Toronto Stock Exchange - CA72820F1036 - REIT - Currency: CAD
PLZ-UN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 38 industry peers in the Diversified REITs industry. While PLZ-UN belongs to the best of the industry regarding profitability, there are concerns on its financial health. PLZ-UN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
PLZ-UN had positive earnings in the past year.
In the past year PLZ-UN had a positive cash flow from operations.
Of the past 5 years PLZ-UN 4 years were profitable.
In the past 5 years PLZ-UN always reported a positive cash flow from operatings.
1.2 Ratios
PLZ-UN has a Return On Assets of 1.99%. This is in the better half of the industry: PLZ-UN outperforms 68.42% of its industry peers.
The Return On Equity of PLZ-UN (4.60%) is better than 63.16% of its industry peers.
With a decent Return On Invested Capital value of 4.39%, PLZ-UN is doing good in the industry, outperforming 60.53% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PLZ-UN is in line with the industry average of 5.66%.
The 3 year average ROIC (4.29%) for PLZ-UN is below the current ROIC(4.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.99% | ||
| ROE | 4.6% | ||
| ROIC | 4.39% |
ROA(3y)2.62%
ROA(5y)2.95%
ROE(3y)6.24%
ROE(5y)7.07%
ROIC(3y)4.29%
ROIC(5y)4.35%
1.3 Margins
PLZ-UN has a better Profit Margin (20.30%) than 68.42% of its industry peers.
In the last couple of years the Profit Margin of PLZ-UN has declined.
The Operating Margin of PLZ-UN (54.16%) is better than 63.16% of its industry peers.
PLZ-UN's Operating Margin has declined in the last couple of years.
The Gross Margin of PLZ-UN (85.91%) is better than 97.37% of its industry peers.
PLZ-UN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.16% | ||
| PM (TTM) | 20.3% | ||
| GM | 85.91% |
OM growth 3Y-3.78%
OM growth 5Y-1.54%
PM growth 3Y-38.79%
PM growth 5Y-14.69%
GM growth 3Y9.84%
GM growth 5Y5.89%
2. Health
2.1 Basic Checks
PLZ-UN has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for PLZ-UN has been increased compared to 5 years ago.
PLZ-UN has a better debt/assets ratio than last year.
2.2 Solvency
PLZ-UN has an Altman-Z score of 0.74. This is a bad value and indicates that PLZ-UN is not financially healthy and even has some risk of bankruptcy.
PLZ-UN's Altman-Z score of 0.74 is fine compared to the rest of the industry. PLZ-UN outperforms 68.42% of its industry peers.
PLZ-UN has a debt to FCF ratio of 16.92. This is a negative value and a sign of low solvency as PLZ-UN would need 16.92 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 16.92, PLZ-UN is in line with its industry, outperforming 55.26% of the companies in the same industry.
PLZ-UN has a Debt/Equity ratio of 0.99. This is a neutral value indicating PLZ-UN is somewhat dependend on debt financing.
PLZ-UN's Debt to Equity ratio of 0.99 is fine compared to the rest of the industry. PLZ-UN outperforms 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 16.92 | ||
| Altman-Z | 0.74 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PLZ-UN has a Current Ratio of 0.15. This is a bad value and indicates that PLZ-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.15, PLZ-UN is not doing good in the industry: 71.05% of the companies in the same industry are doing better.
A Quick Ratio of 0.15 indicates that PLZ-UN may have some problems paying its short term obligations.
PLZ-UN's Quick ratio of 0.15 is on the low side compared to the rest of the industry. PLZ-UN is outperformed by 71.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 |
3. Growth
3.1 Past
PLZ-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.16%, which is quite good.
PLZ-UN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.62% yearly.
The Revenue has been growing slightly by 6.56% in the past year.
The Revenue has been growing slightly by 1.51% on average over the past years.
EPS 1Y (TTM)12.16%
EPS 3Y-38.6%
EPS 5Y-14.62%
EPS Q2Q%-2.11%
Revenue 1Y (TTM)6.56%
Revenue growth 3Y3.12%
Revenue growth 5Y1.51%
Sales Q2Q%5.3%
3.2 Future
The Earnings Per Share is expected to grow by 27.48% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.85% on average over the next years.
EPS Next Y58.33%
EPS Next 2Y27.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.48%
Revenue Next 2Y2.85%
Revenue Next 3YN/A
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 accelerating.
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
Based on the Price/Earnings ratio of 18.00, the valuation of PLZ-UN can be described as rather expensive.
PLZ-UN's Price/Earnings ratio is a bit cheaper when compared to the industry. PLZ-UN is cheaper than 73.68% of the companies in the same industry.
When comparing the Price/Earnings ratio of PLZ-UN to the average of the S&P500 Index (27.19), we can say PLZ-UN is valued slightly cheaper.
A Price/Forward Earnings ratio of 10.05 indicates a reasonable valuation of PLZ-UN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLZ-UN indicates a rather cheap valuation: PLZ-UN is cheaper than 81.58% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of PLZ-UN to the average of the S&P500 Index (35.33), we can say PLZ-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18 | ||
| Fwd PE | 10.05 |
4.2 Price Multiples
PLZ-UN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.14 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PLZ-UN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PLZ-UN has a very decent profitability rating, which may justify a higher PE ratio.
PLZ-UN's earnings are expected to grow with 27.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.31
PEG (5Y)N/A
EPS Next 2Y27.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.97%, PLZ-UN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.95, PLZ-UN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, PLZ-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
5.2 History
The dividend of PLZ-UN decreases each year by -0.23%.
PLZ-UN has paid a dividend for at least 10 years, which is a reliable track record.
PLZ-UN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.23%
Div Incr Years1
Div Non Decr Years20
5.3 Sustainability
123.91% of the earnings are spent on dividend by PLZ-UN. This is not a sustainable payout ratio.
DP123.91%
EPS Next 2Y27.48%
EPS Next 3YN/A
TSX:PLZ-UN (7/14/2025, 7:00:00 PM)
3.96
+0.03 (+0.76%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners1.2%
Inst Owner ChangeN/A
Ins Owners13.31%
Ins Owner ChangeN/A
Market Cap437.30M
Analysts77.78
Price Target4.29 (8.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
Yearly Dividend0.28
Dividend Growth(5Y)-0.23%
DP123.91%
Div Incr Years1
Div Non Decr Years20
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%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18 | ||
| Fwd PE | 10.05 | ||
| P/S | 3.56 | ||
| P/FCF | 11.14 | ||
| P/OCF | 11.14 | ||
| P/B | 0.81 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.22
EY5.56%
EPS(NY)0.39
Fwd EY9.95%
FCF(TTM)0.36
FCFY8.98%
OCF(TTM)0.36
OCFY8.98%
SpS1.11
BVpS4.91
TBVpS4.91
PEG (NY)0.31
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.99% | ||
| ROE | 4.6% | ||
| ROCE | 6.28% | ||
| ROIC | 4.39% | ||
| ROICexc | 4.43% | ||
| ROICexgc | 4.43% | ||
| OM | 54.16% | ||
| PM (TTM) | 20.3% | ||
| GM | 85.91% | ||
| FCFM | 31.97% |
ROA(3y)2.62%
ROA(5y)2.95%
ROE(3y)6.24%
ROE(5y)7.07%
ROIC(3y)4.29%
ROIC(5y)4.35%
ROICexc(3y)4.32%
ROICexc(5y)4.39%
ROICexgc(3y)4.32%
ROICexgc(5y)4.39%
ROCE(3y)6.17%
ROCE(5y)6.26%
ROICexcg growth 3Y-0.41%
ROICexcg growth 5Y-1%
ROICexc growth 3Y-0.41%
ROICexc growth 5Y-1%
OM growth 3Y-3.78%
OM growth 5Y-1.54%
PM growth 3Y-38.79%
PM growth 5Y-14.69%
GM growth 3Y9.84%
GM growth 5Y5.89%
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 16.92 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.43 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 157.44% | ||
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 | ||
| Altman-Z | 0.74 |
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)146.68%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.16%
EPS 3Y-38.6%
EPS 5Y-14.62%
EPS Q2Q%-2.11%
EPS Next Y58.33%
EPS Next 2Y27.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.56%
Revenue growth 3Y3.12%
Revenue growth 5Y1.51%
Sales Q2Q%5.3%
Revenue Next Year2.48%
Revenue Next 2Y2.85%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y0.71%
EBIT growth 3Y-0.78%
EBIT growth 5Y-0.05%
EBIT Next Year9.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1.75%
FCF growth 3Y-6.14%
FCF growth 5Y-1.34%
OCF growth 1Y-1.75%
OCF growth 3Y-6.14%
OCF growth 5Y-1.34%