(TNT-UN) True North Commercial Real - Ratings and Ratios

Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA89784Y2096

TNT-UN: Commercial, Properties, Leases, Real Estate, Canada

True North Commercial Real Estate Investment Trust (TO:TNT-UN) is an unincorporated, open-ended real estate investment trust governed by Ontario provincial laws. The REIT manages a diversified portfolio of 44 commercial properties, totaling approximately 4.8 million square feet, strategically located in urban centers and select secondary markets across Canada. Its investment strategy emphasizes long-term leases with high-credit tenants, including government entities and credit-rated corporations, providing stability and predictable cash flows. The REITs growth strategy focuses on acquiring properties in Canada and other jurisdictions with favorable market conditions.

The REITs current portfolio is concentrated in office and commercial spaces, with a strong emphasis on tenant diversification and lease duration. Its properties are situated in markets with robust demand for commercial real estate, supported by economic stability and infrastructure development. The REITs management team employs a disciplined approach to acquisitions, prioritizing properties with strong tenant covenants and the potential for long-term appreciation in value.

From a technical perspective, TNT-UN is currently trading below its key moving averages, with the 20-day SMA at 8.69, 50-day SMA at 9.34, and 200-day SMA at 10.20. This indicates bearish momentum in the short to medium term. The average trading volume over the past 20 days is 17,097 shares, reflecting moderate liquidity. The ATR of 0.29 suggests low price volatility, indicating a stable trading range.

Fundamentally, the REIT has a market capitalization of 122.61 million CAD, with a price-to-book ratio of 0.27, indicating undervaluation relative to its book value. The price-to-sales ratio of 0.96 suggests the REIT is trading at a discount to its revenue generation capabilities. However, the return on equity (RoE) of -2.70% highlights ongoing profitability challenges, potentially linked to rising interest rates and operational costs.

3-Month Forecast: Based on the convergence of and , TNT-UN is expected to face headwinds in the near term. The REITs share price may remain under pressure due to its negative PE ratio and declining SMA trends. However, the low ATR and stable tenant base could limit downward volatility. If the REIT announces strategic acquisitions or improves its profitability metrics, it may experience a rebound in investor sentiment. Otherwise, the stock is likely to trade in a narrow range, with potential resistance at the 50-day SMA (9.34) and support at the 200-day SMA (10.20).

Additional Sources for TNT-UN Stock

Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

TNT-UN Stock Overview

Market Cap in USD 84m
Sector Real Estate
Industry REIT - Office
GiC Sub-Industry Office REITs
IPO / Inception

TNT-UN Stock Ratings

Growth 5y -62.4%
Fundamental -9.02%
Dividend 23.5%
Rel. Strength Industry -15.9
Analysts -
Fair Price Momentum 6.49 CAD
Fair Price DCF 74.45 CAD

TNT-UN Dividends

Dividend Yield 12m 0.00%
Yield on Cost 5y %
Annual Growth 5y 0.00%
Payout Consistency 78.2%

TNT-UN Growth Ratios

Growth Correlation 3m -97.2%
Growth Correlation 12m 18.5%
Growth Correlation 5y -69%
CAGR 5y -21.96%
CAGR/Max DD 5y -0.26
Sharpe Ratio 12m -1.95
Alpha -17.72
Beta 0.81
Volatility 42.05%
Current Volume 17.6k
Average Volume 20d 17.3k
What is the price of TNT-UN stocks?
As of March 15, 2025, the stock is trading at CAD 8.36 with a total of 17,606 shares traded.
Over the past week, the price has changed by +2.83%, over one month by -5.43%, over three months by -20.76% and over the past year by -7.62%.
Is True North Commercial Real a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, True North Commercial Real is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -9.02 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TNT-UN as of March 2025 is 6.49. This means that TNT-UN is currently overvalued and has a potential downside of -22.37%.
Is TNT-UN a buy, sell or hold?
True North Commercial Real has no consensus analysts rating.
What are the forecast for TNT-UN stock price target?
According to ValueRays Forecast Model, TNT-UN True North Commercial Real will be worth about 7.3 in March 2026. The stock is currently trading at 8.36. This means that the stock has a potential downside of -12.56%.
Issuer Forecast Upside
Wallstreet Target Price 11.6 39.1%
Analysts Target Price - -
ValueRay Target Price 7.3 -12.6%