(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
Additional Sources for TNT-UN Stock
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 |
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%.
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%.
True North Commercial Real has no consensus analysts rating.
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% |