CT Real Estate Investment Trust CTRRF

Morningstar Rating
$11.77 −0.20 (1.67%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CTRRF is trading at a 771% premium.
Price
$11.71
Fair Value
$22.51
Uncertainty
Medium
1-Star Price
$84.42
5-Star Price
$55.44
Economic Moat
Gymn
Capital Allocation

Trading Information

Previous Close Price
$11.97
Day Range
$11.7711.77
52-Week Range
$9.4311.97
Bid/Ask
$10.37 / $12.86
Market Cap
$2.77 Bil
Volume/Avg
969 / 966

Key Statistics

Price/Earnings (Normalized)
13.78
Price/Sales
9.67
Dividend Yield (Trailing)
5.67%
Dividend Yield (Forward)
5.82%
Total Yield
6.10%

Company Profile

CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The important portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.
Sector
Real Estate
Industry
REIT - Retail
Stock Style Box
Mid Value
Total Number of Employees
68

Comparables

Valuation

Metric
CTRRF
REI.UN
CHP.UN
Price/Earnings (Normalized)
13.7811.8015.34
Price/Book Value
2.160.811.01
Price/Sales
9.675.268.02
Price/Cash Flow
14.4813.5814.72
Price/Earnings
CTRRF
REI.UN
CHP.UN

Financial Strength

Metric
CTRRF
REI.UN
CHP.UN
Quick Ratio
0.070.120.86
Current Ratio
0.110.340.88
Interest Coverage
3.121.112.05
Quick Ratio
CTRRF
REI.UN
CHP.UN

Profitability

Metric
CTRRF
REI.UN
CHP.UN
Return on Assets (Normalized)
3.63%0.49%1.79%
Return on Equity (Normalized)
14.66%0.97%6.67%
Return on Invested Capital (Normalized)
6.56%1.70%6.63%
Return on Assets
CTRRF
REI.UN
CHP.UN

REIT - Retail Industry Comparables

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