TRUE NORTH COMMERCIAL REAL E (TNT-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TNT-UN - CA89784Y4076 - REIT
9.01 CAD
-0.07 (-0.77%)
TNT-UN gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 38 industry peers in the Diversified REITs industry. TNT-UN has a bad profitability rating. Also its financial health evaluation is rather negative. TNT-UN has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
TNT-UN had negative earnings in the past year.
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.
Each year in the past 5 years TNT-UN had a positive operating cash flow.
1.2 Ratios
TNT-UN has a worse Return On Assets (-2.64%) than 60.53% of its industry peers.
With a Return On Equity value of -8.08%, TNT-UN is not doing good in the industry: 68.42% of the companies in the same industry are doing better.
TNT-UN has a Return On Invested Capital (3.79%) which is comparable to the rest of the industry.
TNT-UN had an Average Return On Invested Capital over the past 3 years of 4.65%. This is in line with the industry average of 5.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.64% | ||
| ROE | -8.08% | ||
| ROIC | 3.79% |
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
With a Operating Margin value of 43.87%, TNT-UN is not doing good in the industry: 68.42% of the companies in the same industry are doing better.
TNT-UN's Operating Margin has been stable in the last couple of years.
The Gross Margin of TNT-UN (48.81%) is worse than 73.68% of its industry peers.
In the last couple of years the Gross Margin of TNT-UN has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.87% | ||
| PM (TTM) | N/A | ||
| GM | 48.81% |
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
The number of shares outstanding for TNT-UN has been reduced compared to 1 year ago.
The number of shares outstanding for TNT-UN has been reduced compared to 5 years ago.
TNT-UN has about the same debt/assets ratio as last year.
2.2 Solvency
Based on the Altman-Z score of -0.01, we must say that TNT-UN is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -0.01, TNT-UN is not doing good in the industry: 76.32% of the companies in the same industry are doing better.
The Debt to FCF ratio of TNT-UN is 9.55, which is on the high side as it means it would take TNT-UN, 9.55 years of fcf income to pay off all of its debts.
TNT-UN has a Debt to FCF ratio of 9.55. This is amongst the best in the industry. TNT-UN outperforms 92.11% of its industry peers.
A Debt/Equity ratio of 1.57 is on the high side and indicates that TNT-UN has dependencies on debt financing.
TNT-UN has a worse Debt to Equity ratio (1.57) than 73.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | 9.55 | ||
| Altman-Z | -0.01 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.26 indicates that TNT-UN may have some problems paying its short term obligations.
TNT-UN's Current ratio of 0.26 is fine compared to the rest of the industry. TNT-UN outperforms 60.53% of its industry peers.
TNT-UN has a Quick Ratio of 0.26. This is a bad value and indicates that TNT-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Quick ratio value of 0.26, TNT-UN is doing good in the industry, outperforming 63.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
TNT-UN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -182.23%.
TNT-UN shows a decrease in Revenue. In the last year, the revenue decreased by -5.17%.
Measured over the past years, TNT-UN shows a small growth in Revenue. The Revenue has been growing by 3.57% on average per year.
EPS 1Y (TTM)-182.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-57.67%
Revenue 1Y (TTM)-5.17%
Revenue growth 3Y-2.87%
Revenue growth 5Y3.57%
Sales Q2Q%0.49%
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
The Price/Earnings Ratio is negative for TNT-UN. In the last year negative earnings were reported.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
TNT-UN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TNT-UN is cheaper than 97.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.61 | ||
| 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
With a Yearly Dividend Yield of 22.00%, TNT-UN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.95, TNT-UN pays a better dividend. On top of this TNT-UN pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, 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
The earnings of TNT-UN are negative and hence is the payout ratio. TNT-UN will probably not be able to sustain this dividend level.
DP-15.65%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:TNT-UN (12/1/2025, 7:00:00 PM)
9.01
-0.07 (-0.77%)
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 Cap125.96M
Revenue(TTM)121.47M
Net Income(TTM)-31.74M
Analysts76.67
Price Target10.28 (14.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 22% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP-15.65%
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)1.26%
PT rev (3m)6.05%
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 | 1.04 | ||
| P/FCF | 1.61 | ||
| P/OCF | 1.61 | ||
| P/B | 0.32 | ||
| P/tB | 0.32 | ||
| EV/EBITDA | N/A |
EPS(TTM)-2.32
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.59
FCFY62.07%
OCF(TTM)5.59
OCFY62.07%
SpS8.69
BVpS28.1
TBVpS28.1
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.64% | ||
| ROE | -8.08% | ||
| ROCE | 5.48% | ||
| ROIC | 3.79% | ||
| ROICexc | 3.82% | ||
| ROICexgc | 3.82% | ||
| OM | 43.87% | ||
| PM (TTM) | N/A | ||
| GM | 48.81% | ||
| FCFM | 64.36% |
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-Score4
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | 9.55 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.62 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | -0.01 |
F-Score4
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)-182.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-57.67%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.17%
Revenue growth 3Y-2.87%
Revenue growth 5Y3.57%
Sales Q2Q%0.49%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-9.95%
EBIT growth 3Y-6.02%
EBIT growth 5Y4.5%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-11.06%
FCF growth 3Y-0.71%
FCF growth 5Y5.25%
OCF growth 1Y-11.06%
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 -15.65%.