PLAZA RETAIL REIT (PLZ-UN.CA) Stock Fundamental Analysis
Canada - TSX:PLZ-UN - CA72820F1036 - REIT
4.2 CAD
+0.03 (+0.72%)
Overall PLZ-UN gets a fundamental rating of 5 out of 10. We evaluated PLZ-UN against 37 industry peers in the Diversified REITs industry. While PLZ-UN is still in line with the averages on profitability rating, 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.
PLZ-UN had positive earnings in 4 of the past 5 years.
In the past 5 years PLZ-UN always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.74%, PLZ-UN belongs to the top of the industry, outperforming 83.78% of the companies in the same industry.
With an excellent Return On Equity value of 6.42%, PLZ-UN belongs to the best of the industry, outperforming 83.78% of the companies in the same industry.
The Return On Invested Capital of PLZ-UN (4.22%) is better than 62.16% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PLZ-UN is in line with the industry average of 5.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.74% | ||
| ROE | 6.42% | ||
| ROIC | 4.22% |
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
With a decent Profit Margin value of 28.36%, PLZ-UN is doing good in the industry, outperforming 78.38% of the companies in the same industry.
In the last couple of years the Profit Margin of PLZ-UN has declined.
The Operating Margin of PLZ-UN (53.95%) is comparable to the rest of the industry.
PLZ-UN's Operating Margin has declined in the last couple of years.
The Gross Margin of PLZ-UN (85.91%) is better than 97.30% of its industry peers.
In the last couple of years the Gross Margin of PLZ-UN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.95% | ||
| PM (TTM) | 28.36% | ||
| 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
The number of shares outstanding for PLZ-UN remains at a similar level compared to 1 year ago.
PLZ-UN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PLZ-UN has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.77, we must say that PLZ-UN is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of PLZ-UN (0.77) is better than 78.38% of its industry peers.
PLZ-UN has a debt to FCF ratio of 16.01. This is a negative value and a sign of low solvency as PLZ-UN would need 16.01 years to pay back of all of its debts.
The Debt to FCF ratio of PLZ-UN (16.01) is comparable to the rest of the industry.
PLZ-UN has a Debt/Equity ratio of 1.06. This is a high value indicating a heavy dependency on external financing.
PLZ-UN has a better Debt to Equity ratio (1.06) than 64.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 16.01 | ||
| Altman-Z | 0.77 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PLZ-UN has a Current Ratio of 0.24. 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.
PLZ-UN has a Current ratio (0.24) which is comparable to the rest of the industry.
PLZ-UN has a Quick Ratio of 0.24. 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.
The Quick ratio of PLZ-UN (0.24) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.24 |
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 209.49%, which is quite impressive.
Measured over the past years, PLZ-UN shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -14.62% on average per year.
Looking at the last year, PLZ-UN shows a small growth in Revenue. The Revenue has grown by 5.51% in the last year.
PLZ-UN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.51% yearly.
EPS 1Y (TTM)209.49%
EPS 3Y-38.6%
EPS 5Y-14.62%
EPS Q2Q%422.69%
Revenue 1Y (TTM)5.51%
Revenue growth 3Y3.12%
Revenue growth 5Y1.51%
Sales Q2Q%3.65%
3.2 Future
The Earnings Per Share is expected to grow by 17.57% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.20% on average over the next years.
EPS Next Y58.33%
EPS Next 2Y25.83%
EPS Next 3Y17.57%
EPS Next 5YN/A
Revenue Next Year3.31%
Revenue Next 2Y3.65%
Revenue Next 3Y3.2%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PLZ-UN is valuated correctly with a Price/Earnings ratio of 13.13.
83.78% of the companies in the same industry are more expensive than PLZ-UN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.86. PLZ-UN is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 10.94, which indicates a very decent valuation of PLZ-UN.
PLZ-UN's Price/Forward Earnings ratio is rather cheap when compared to the industry. PLZ-UN is cheaper than 83.78% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PLZ-UN to the average of the S&P500 Index (23.29), we can say PLZ-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.13 | ||
| Fwd PE | 10.94 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PLZ-UN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.86 | ||
| 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.
The decent profitability rating of PLZ-UN may justify a higher PE ratio.
A more expensive valuation may be justified as PLZ-UN's earnings are expected to grow with 17.57% in the coming years.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y25.83%
EPS Next 3Y17.57%
5. Dividend
5.1 Amount
PLZ-UN has a Yearly Dividend Yield of 6.97%, which is a nice return.
Compared to an average industry Dividend Yield of 7.94, PLZ-UN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, 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 been paying a dividend for at least 10 years, so it has a reliable track record.
PLZ-UN has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.23%
Div Incr Years1
Div Non Decr Years20
5.3 Sustainability
87.93% of the earnings are spent on dividend by PLZ-UN. This is not a sustainable payout ratio.
DP87.93%
EPS Next 2Y25.83%
EPS Next 3Y17.57%
TSX:PLZ-UN (10/2/2025, 7:00:00 PM)
4.2
+0.03 (+0.72%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners1.12%
Inst Owner ChangeN/A
Ins Owners13.25%
Ins Owner ChangeN/A
Market Cap463.81M
Analysts77.78
Price Target4.6 (9.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
Yearly Dividend0.28
Dividend Growth(5Y)-0.23%
DP87.93%
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)7.13%
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)0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.13 | ||
| Fwd PE | 10.94 | ||
| P/S | 3.74 | ||
| P/FCF | 10.86 | ||
| P/OCF | 10.86 | ||
| P/B | 0.85 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.32
EY7.62%
EPS(NY)0.38
Fwd EY9.14%
FCF(TTM)0.39
FCFY9.21%
OCF(TTM)0.39
OCFY9.21%
SpS1.12
BVpS4.96
TBVpS4.96
PEG (NY)0.22
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.74% | ||
| ROE | 6.42% | ||
| ROCE | 6.07% | ||
| ROIC | 4.22% | ||
| ROICexc | 4.26% | ||
| ROICexgc | 4.26% | ||
| OM | 53.95% | ||
| PM (TTM) | 28.36% | ||
| GM | 85.91% | ||
| FCFM | 34.44% |
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-Score7
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 16.01 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.42 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 121.46% | ||
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.24 | ||
| Altman-Z | 0.77 |
F-Score7
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)209.49%
EPS 3Y-38.6%
EPS 5Y-14.62%
EPS Q2Q%422.69%
EPS Next Y58.33%
EPS Next 2Y25.83%
EPS Next 3Y17.57%
EPS Next 5YN/A
Revenue 1Y (TTM)5.51%
Revenue growth 3Y3.12%
Revenue growth 5Y1.51%
Sales Q2Q%3.65%
Revenue Next Year3.31%
Revenue Next 2Y3.65%
Revenue Next 3Y3.2%
Revenue Next 5YN/A
EBIT growth 1Y0.11%
EBIT growth 3Y-0.78%
EBIT growth 5Y-0.05%
EBIT Next Year7.8%
EBIT Next 3Y4.48%
EBIT Next 5YN/A
FCF growth 1Y15.55%
FCF growth 3Y-6.14%
FCF growth 5Y-1.34%
OCF growth 1Y15.55%
OCF growth 3Y-6.14%
OCF growth 5Y-1.34%