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 37 industry peers in the Diversified REITs industry. PLZ-UN scores excellent on profitability, but 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.
PLZ-UN had a positive operating cash flow in the past year.
PLZ-UN had positive earnings in 4 of the past 5 years.
Each year in the past 5 years PLZ-UN had a positive operating cash flow.
1.2 Ratios
PLZ-UN's Return On Assets of 1.99% is fine compared to the rest of the industry. PLZ-UN outperforms 70.27% of its industry peers.
PLZ-UN has a Return On Equity of 4.60%. This is in the better half of the industry: PLZ-UN outperforms 64.86% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.39%, PLZ-UN is in the better half of the industry, outperforming 62.16% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PLZ-UN is in line with the industry average of 5.69%.
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's Profit Margin of 20.30% is fine compared to the rest of the industry. PLZ-UN outperforms 70.27% of its industry peers.
PLZ-UN's Profit Margin has declined in the last couple of years.
PLZ-UN has a Operating Margin of 54.16%. This is in the better half of the industry: PLZ-UN outperforms 62.16% of its industry peers.
PLZ-UN's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 85.91%, PLZ-UN belongs to the top of the industry, outperforming 97.30% of the companies in the same industry.
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.
Compared to 5 years ago, PLZ-UN has more shares outstanding
PLZ-UN has a better debt/assets ratio than last year.
2.2 Solvency
PLZ-UN has an Altman-Z score of 0.73. This is a bad value and indicates that PLZ-UN is not financially healthy and even has some risk of bankruptcy.
PLZ-UN has a better Altman-Z score (0.73) than 70.27% of its industry peers.
The Debt to FCF ratio of PLZ-UN is 16.92, which is on the high side as it means it would take PLZ-UN, 16.92 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PLZ-UN (16.92) is comparable to the rest of the 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 64.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 16.92 | ||
| Altman-Z | 0.73 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.15 indicates that PLZ-UN may have some problems paying its short term obligations.
PLZ-UN has a worse Current ratio (0.15) than 70.27% of its industry peers.
A Quick Ratio of 0.15 indicates that PLZ-UN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.15, PLZ-UN is doing worse than 70.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.16% over the past year.
The earnings per share for PLZ-UN have been decreasing by -14.62% on average. This is quite bad
PLZ-UN shows a small growth in Revenue. In the last year, the Revenue has grown by 6.56%.
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)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
Based on estimates for the next years, PLZ-UN will show a very strong growth in Earnings Per Share. The EPS will grow by 27.48% on average per year.
Based on estimates for the next years, PLZ-UN will show a small growth in Revenue. The Revenue will grow by 2.85% on average per year.
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
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 rather expensively with a Price/Earnings ratio of 17.50.
Compared to the rest of the industry, the Price/Earnings ratio of PLZ-UN indicates a somewhat cheap valuation: PLZ-UN is cheaper than 72.97% of the companies listed in the same industry.
PLZ-UN is valuated rather cheaply when we compare the Price/Earnings ratio to 26.30, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 9.77, which indicates a very decent 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 81.08% 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 (22.06), we can say PLZ-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.5 | ||
| Fwd PE | 9.77 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as PLZ-UN.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.83 | ||
| 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.
A more expensive valuation may be justified as PLZ-UN's earnings are expected to grow with 27.48% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y27.48%
EPS Next 3YN/A
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 2.38, 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 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
PLZ-UN pays out 123.91% of its income as dividend. This is not a sustainable payout ratio.
DP123.91%
EPS Next 2Y27.48%
EPS Next 3YN/A
TSX:PLZ-UN (6/5/2025, 7:00:00 PM)
3.85
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners1.32%
Inst Owner ChangeN/A
Ins Owners13.26%
Ins Owner ChangeN/A
Market Cap425.16M
Analysts77.78
Price Target4.29 (11.43%)
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)-0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.5 | ||
| Fwd PE | 9.77 | ||
| P/S | 3.46 | ||
| P/FCF | 10.83 | ||
| P/OCF | 10.83 | ||
| P/B | 0.78 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.22
EY5.71%
EPS(NY)0.39
Fwd EY10.23%
FCF(TTM)0.36
FCFY9.24%
OCF(TTM)0.36
OCFY9.24%
SpS1.11
BVpS4.91
TBVpS4.91
PEG (NY)0.3
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 | 0.73 |
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%