CT Real Estate Investment Trust CRT.UN

Morningstar Rating
CAD 16.06 +0.09 (0.56%)
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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

CRT.UN is trading at a 400% premium.
Price
CAD 16.07
Fair Value
CAD 92.92
Uncertainty
Medium
1-Star Price
CAD 86.16
5-Star Price
CAD 27.91
Economic Moat
Nsg
Capital Allocation

Trading Information

Previous Close Price
CAD 15.97
Day Range
CAD 15.9716.14
52-Week Range
CAD 12.5716.32
Bid/Ask
CAD 15.76 / CAD 16.16
Market Cap
CAD 3.78 Bil
Volume/Avg
89,844 / 186,342

Key Statistics

Price/Earnings (Normalized)
13.87
Price/Sales
9.73
Dividend Yield (Trailing)
5.63%
Dividend Yield (Forward)
5.76%
Total Yield
6.06%

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
CRT.UN
REI.UN
CHP.UN
Price/Earnings (Normalized)
13.8711.7815.28
Price/Book Value
2.150.811.01
Price/Sales
9.735.257.99
Price/Cash Flow
14.5813.5514.67
Price/Earnings
CRT.UN
REI.UN
CHP.UN

Financial Strength

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

Profitability

Metric
CRT.UN
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
CRT.UN
REI.UN
CHP.UN

REIT - Retail Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Regency Centers Corp
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Unibail-Rodamco-Westfield ADR
UNIRF
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Federal Realty Investment Trust
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JybfrnbknXbb$9.5 Bil
Macerich Co
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