TRUE NORTH COMMERCIAL REAL E (TNT-UN.CA) Stock Fundamental Analysis
Canada - TSX:TNT-UN - CA89784Y4076 - REIT
9.07 CAD
+0.02 (+0.22%)
TNT-UN gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 36 industry peers in the Diversified REITs industry. TNT-UN may be in some trouble as it scores bad on both profitability and health. TNT-UN does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year TNT-UN has reported negative net income.
In the past year TNT-UN had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: TNT-UN reported negative net income in multiple years.
In the past 5 years TNT-UN always reported a positive cash flow from operatings.
1.2 Ratios
TNT-UN has a Return On Assets of -2.46%. This is in the lower half of the industry: TNT-UN underperforms 63.89% of its industry peers.
TNT-UN's Return On Equity of -7.47% is on the low side compared to the rest of the industry. TNT-UN is outperformed by 72.22% of its industry peers.
With a Return On Invested Capital value of 3.56%, TNT-UN perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TNT-UN is in line with the industry average of 5.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.46% | ||
| ROE | -7.47% | ||
| ROIC | 3.56% |
ROA(3y)-1.21%
ROA(5y)0.56%
ROE(3y)-3.62%
ROE(5y)1.23%
ROIC(3y)4.65%
ROIC(5y)4.46%
1.3 Margins
TNT-UN's Operating Margin of 42.98% is on the low side compared to the rest of the industry. TNT-UN is outperformed by 63.89% of its industry peers.
In the last couple of years the Operating Margin of TNT-UN has remained more or less at the same level.
TNT-UN's Gross Margin of 49.61% is on the low side compared to the rest of the industry. TNT-UN is outperformed by 75.00% of its industry peers.
In the last couple of years the Gross Margin of TNT-UN has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.98% | ||
| PM (TTM) | N/A | ||
| GM | 49.61% |
OM growth 3Y-3.24%
OM growth 5Y0.9%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.55%
GM growth 5Y-2.32%
2. Health
2.1 Basic Checks
TNT-UN has less shares outstanding than it did 1 year ago.
The number of shares outstanding for TNT-UN has been reduced compared to 5 years ago.
Compared to 1 year ago, TNT-UN has about the same debt to assets ratio.
2.2 Solvency
TNT-UN has an Altman-Z score of 0.03. This is a bad value and indicates that TNT-UN is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.03, TNT-UN is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
TNT-UN has a debt to FCF ratio of 9.38. This is a negative value and a sign of low solvency as TNT-UN would need 9.38 years to pay back of all of its debts.
The Debt to FCF ratio of TNT-UN (9.38) is better than 86.11% of its industry peers.
TNT-UN has a Debt/Equity ratio of 1.62. This is a high value indicating a heavy dependency on external financing.
TNT-UN has a Debt to Equity ratio of 1.62. This is in the lower half of the industry: TNT-UN underperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | 9.38 | ||
| Altman-Z | 0.03 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.32 indicates that TNT-UN may have some problems paying its short term obligations.
The Current ratio of TNT-UN (0.32) is better than 61.11% of its industry peers.
A Quick Ratio of 0.32 indicates that TNT-UN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.32, TNT-UN is in the better half of the industry, outperforming 63.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 32.63% over the past year.
Looking at the last year, TNT-UN shows a decrease in Revenue. The Revenue has decreased by -7.00% in the last year.
The Revenue has been growing slightly by 3.57% on average over the past years.
EPS 1Y (TTM)32.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-64.08%
Revenue 1Y (TTM)-7%
Revenue growth 3Y-2.87%
Revenue growth 5Y3.57%
Sales Q2Q%-13.02%
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
TNT-UN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, TNT-UN is valued cheaper than 97.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.58 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
TNT-UN has a Yearly Dividend Yield of 22.00%, which is a nice return.
TNT-UN's Dividend Yield is rather good when compared to the industry average which is at 7.89. TNT-UN pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, TNT-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 22% |
5.2 History
TNT-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TNT-UN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-8.3%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:TNT-UN (10/31/2025, 7:00:00 PM)
9.07
+0.02 (+0.22%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners1.88%
Inst Owner ChangeN/A
Ins Owners12.21%
Ins Owner ChangeN/A
Market Cap126.80M
Revenue(TTM)121.32M
Net Income(TTM)-29907000
Analysts76.67
Price Target10.15 (11.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 22% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP-8.3%
Div Incr Years0
Div Non Decr Years0
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)4.74%
PT rev (3m)0.76%
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 | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.05 | ||
| P/FCF | 1.58 | ||
| P/OCF | 1.58 | ||
| P/B | 0.32 | ||
| P/tB | 0.32 | ||
| EV/EBITDA | N/A |
EPS(TTM)-2.18
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.74
FCFY63.31%
OCF(TTM)5.74
OCFY63.31%
SpS8.68
BVpS28.64
TBVpS28.64
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.46% | ||
| ROE | -7.47% | ||
| ROCE | 5.15% | ||
| ROIC | 3.56% | ||
| ROICexc | 3.6% | ||
| ROICexgc | 3.6% | ||
| OM | 42.98% | ||
| PM (TTM) | N/A | ||
| GM | 49.61% | ||
| FCFM | 66.17% |
ROA(3y)-1.21%
ROA(5y)0.56%
ROE(3y)-3.62%
ROE(5y)1.23%
ROIC(3y)4.65%
ROIC(5y)4.46%
ROICexc(3y)4.7%
ROICexc(5y)4.51%
ROICexgc(3y)4.7%
ROICexgc(5y)4.51%
ROCE(3y)6.6%
ROCE(5y)6.28%
ROICexgc growth 3Y4.29%
ROICexgc growth 5Y11.1%
ROICexc growth 3Y4.29%
ROICexc growth 5Y11.1%
OM growth 3Y-3.24%
OM growth 5Y0.9%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.55%
GM growth 5Y-2.32%
F-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | 9.38 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.61 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z | 0.03 |
F-Score5
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-64.08%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7%
Revenue growth 3Y-2.87%
Revenue growth 5Y3.57%
Sales Q2Q%-13.02%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-18.3%
EBIT growth 3Y-6.02%
EBIT growth 5Y4.5%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-14.06%
FCF growth 3Y-0.71%
FCF growth 5Y5.25%
OCF growth 1Y-14.06%
OCF growth 3Y-0.71%
OCF growth 5Y5.25%
TRUE NORTH COMMERCIAL REAL E / TNT-UN.CA FAQ
Can you provide the ChartMill fundamental rating for TRUE NORTH COMMERCIAL REAL E?
ChartMill assigns a fundamental rating of 2 / 10 to TNT-UN.CA.
Can you provide the valuation status for TRUE NORTH COMMERCIAL REAL E?
ChartMill assigns a valuation rating of 2 / 10 to TRUE NORTH COMMERCIAL REAL E (TNT-UN.CA). This can be considered as Overvalued.
What is the profitability of TNT-UN stock?
TRUE NORTH COMMERCIAL REAL E (TNT-UN.CA) has a profitability rating of 2 / 10.
Can you provide the financial health for TNT-UN stock?
The financial health rating of TRUE NORTH COMMERCIAL REAL E (TNT-UN.CA) is 3 / 10.
Can you provide the dividend sustainability for TNT-UN stock?
The dividend rating of TRUE NORTH COMMERCIAL REAL E (TNT-UN.CA) is 5 / 10 and the dividend payout ratio is -8.3%.