PRO REAL ESTATE INVESTMENT T (PRV-UN.CA) Stock Fundamental Analysis
TSX:PRV-UN - Toronto Stock Exchange - CA7426943006 - REIT - Currency: CAD
PRV-UN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 38 industry peers in the Diversified REITs industry. PRV-UN has a medium profitability rating, but doesn't score so well on its financial health evaluation. PRV-UN does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
PRV-UN had positive earnings in the past year.
PRV-UN had a positive operating cash flow in the past year.
In the past 5 years PRV-UN has always been profitable.
PRV-UN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PRV-UN's Return On Assets of 0.24% is fine compared to the rest of the industry. PRV-UN outperforms 60.53% of its industry peers.
PRV-UN's Return On Equity of 0.51% is fine compared to the rest of the industry. PRV-UN outperforms 60.53% of its industry peers.
PRV-UN has a better Return On Invested Capital (4.40%) than 65.79% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PRV-UN is in line with the industry average of 5.03%.
The 3 year average ROIC (4.02%) for PRV-UN is below the current ROIC(4.40%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.24% | ||
| ROE | 0.51% | ||
| ROIC | 4.4% |
ROA(3y)3.63%
ROA(5y)4.5%
ROE(3y)7.71%
ROE(5y)10.17%
ROIC(3y)4.02%
ROIC(5y)3.88%
1.3 Margins
With a decent Profit Margin value of 2.39%, PRV-UN is doing good in the industry, outperforming 60.53% of the companies in the same industry.
PRV-UN's Profit Margin has declined in the last couple of years.
PRV-UN has a Operating Margin of 51.38%. This is comparable to the rest of the industry: PRV-UN outperforms 52.63% of its industry peers.
PRV-UN's Operating Margin has been stable in the last couple of years.
PRV-UN's Gross Margin of 58.99% is in line compared to the rest of the industry. PRV-UN outperforms 50.00% of its industry peers.
In the last couple of years the Gross Margin of PRV-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 51.38% | ||
| PM (TTM) | 2.39% | ||
| GM | 58.99% |
OM growth 3Y0.64%
OM growth 5Y0.62%
PM growth 3Y-71.67%
PM growth 5Y-39.07%
GM growth 3Y-0.34%
GM growth 5Y-0.85%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PRV-UN is destroying value.
The number of shares outstanding for PRV-UN has been increased compared to 1 year ago.
The number of shares outstanding for PRV-UN has been increased compared to 5 years ago.
PRV-UN has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.57, we must say that PRV-UN is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of PRV-UN (0.57) is comparable to the rest of the industry.
The Debt to FCF ratio of PRV-UN is 16.69, which is on the high side as it means it would take PRV-UN, 16.69 years of fcf income to pay off all of its debts.
PRV-UN has a Debt to FCF ratio (16.69) which is in line with its industry peers.
A Debt/Equity ratio of 0.78 indicates that PRV-UN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.78, PRV-UN is in the better half of the industry, outperforming 76.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 16.69 | ||
| Altman-Z | 0.57 |
ROIC/WACC0.76
WACC5.8%
2.3 Liquidity
PRV-UN has a Current Ratio of 0.11. This is a bad value and indicates that PRV-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.11, PRV-UN is doing worse than 84.21% of the companies in the same industry.
A Quick Ratio of 0.11 indicates that PRV-UN may have some problems paying its short term obligations.
PRV-UN's Quick ratio of 0.11 is on the low side compared to the rest of the industry. PRV-UN is outperformed by 81.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 |
3. Growth
3.1 Past
PRV-UN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -90.85%.
The earnings per share for PRV-UN have been decreasing by -39.02% on average. This is quite bad
The Revenue has decreased by -0.69% in the past year.
PRV-UN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.48% yearly.
EPS 1Y (TTM)-90.85%
EPS 3Y-71.29%
EPS 5Y-39.02%
EPS Q2Q%1328%
Revenue 1Y (TTM)-0.69%
Revenue growth 3Y8.5%
Revenue growth 5Y11.48%
Sales Q2Q%-2.87%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
PRV-UN is valuated quite expensively with a Price/Earnings ratio of 125.00.
Compared to the rest of the industry, the Price/Earnings ratio of PRV-UN indicates a somewhat cheap valuation: PRV-UN is cheaper than 60.53% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.18. PRV-UN is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 125 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PRV-UN indicates a somewhat cheap valuation: PRV-UN is cheaper than 76.32% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, PRV-UN is valued a bit cheaper than 60.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.95 | ||
| EV/EBITDA | 15.18 |
4.3 Compensation for Growth
The decent profitability rating of PRV-UN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.15%, PRV-UN is a good candidate for dividend investing.
PRV-UN's Dividend Yield is comparable with the industry average which is at 7.95.
PRV-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.15% |
5.2 History
The dividend of PRV-UN decreases each year by -7.24%.
PRV-UN has paid a dividend for at least 10 years, which is a reliable track record.
PRV-UN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-7.24%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
PRV-UN pays out 1124.37% of its income as dividend. This is not a sustainable payout ratio.
PRV-UN's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP1124.37%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:PRV-UN (5/2/2025, 7:00:00 PM)
5
-0.05 (-0.99%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners2.02%
Inst Owner ChangeN/A
Ins Owners0.99%
Ins Owner ChangeN/A
Market Cap297.20M
Analysts72.31
Price Target6.09 (21.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.15% |
Yearly Dividend0.45
Dividend Growth(5Y)-7.24%
DP1124.37%
Div Incr Years0
Div Non Decr Years2
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)-2.55%
PT rev (3m)-4.5%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 125 | ||
| Fwd PE | N/A | ||
| P/S | 3 | ||
| P/FCF | 9.95 | ||
| P/OCF | 9.56 | ||
| P/B | 0.64 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 15.18 |
EPS(TTM)0.04
EY0.8%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.5
FCFY10.05%
OCF(TTM)0.52
OCFY10.46%
SpS1.67
BVpS7.82
TBVpS7.77
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.24% | ||
| ROE | 0.51% | ||
| ROCE | 6.11% | ||
| ROIC | 4.4% | ||
| ROICexc | 4.45% | ||
| ROICexgc | 4.46% | ||
| OM | 51.38% | ||
| PM (TTM) | 2.39% | ||
| GM | 58.99% | ||
| FCFM | 30.11% |
ROA(3y)3.63%
ROA(5y)4.5%
ROE(3y)7.71%
ROE(5y)10.17%
ROIC(3y)4.02%
ROIC(5y)3.88%
ROICexc(3y)4.06%
ROICexc(5y)3.91%
ROICexgc(3y)4.08%
ROICexgc(5y)3.93%
ROCE(3y)5.65%
ROCE(5y)5.49%
ROICexcg growth 3Y14.23%
ROICexcg growth 5Y5.45%
ROICexc growth 3Y14.25%
ROICexc growth 5Y5.54%
OM growth 3Y0.64%
OM growth 5Y0.62%
PM growth 3Y-71.67%
PM growth 5Y-39.07%
GM growth 3Y-0.34%
GM growth 5Y-0.85%
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 16.69 | ||
| Debt/EBITDA | 7 | ||
| Cap/Depr | 147.19% | ||
| Cap/Sales | 1.24% | ||
| Interest Coverage | 2.3 | ||
| Cash Conversion | 60.02% | ||
| Profit Quality | 1257.11% | ||
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 | ||
| Altman-Z | 0.57 |
F-Score6
WACC5.8%
ROIC/WACC0.76
Cap/Depr(3y)104.1%
Cap/Depr(5y)79.71%
Cap/Sales(3y)0.85%
Cap/Sales(5y)0.67%
Profit Quality(3y)469.69%
Profit Quality(5y)310.81%
High Growth Momentum
Growth
EPS 1Y (TTM)-90.85%
EPS 3Y-71.29%
EPS 5Y-39.02%
EPS Q2Q%1328%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.69%
Revenue growth 3Y8.5%
Revenue growth 5Y11.48%
Sales Q2Q%-2.87%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y2.93%
EBIT growth 3Y9.2%
EBIT growth 5Y12.17%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-3.15%
FCF growth 3Y0.98%
FCF growth 5Y12.74%
OCF growth 1Y-1.9%
OCF growth 3Y2.03%
OCF growth 5Y12.26%