Artis Real Estate Investment Trust
TSX:AX.UN

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Artis Real Estate Investment Trust Logo
Artis Real Estate Investment Trust
TSX:AX.UN
Watchlist
Price: 7.43 CAD 1.09%
Market Cap: 713.1m CAD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
-56%
5Y
-65%
10Y
-66%
Investing Cash Flow
+
3Y
-
5Y
-
10Y
-
Financing Cash Flow
+
3Y
-
5Y
+27%
10Y
-44%

Cash Flow Statement
Artis Real Estate Investment Trust

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Cash Flow Statement
Currency: CAD
Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
(0)
(0)
(0)
(0)
(3)
(4)
(7)
(10)
(11)
(12)
1
5
6
7
(5)
(8)
(7)
(19)
(17)
(15)
(9)
(24)
4
13
33
194
224
279
321
265
284
308
340
342
335
297
191
145
127
135
198
154
157
77
(176)
(124)
(150)
(50)
116
154
162
150
234
208
245
205
159
133
78
97
123
(14)
21
22
22
205
367
361
389
554
318
183
(5)
(265)
(330)
(374)
(332)
(316)
(231)
(105)
(47)
(29)
(53)
(75)
Depreciation & Amortization
0
0
1
1
4
6
7
19
22
24
26
20
19
23
25
27
28
28
28
27
27
20
13
7
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
Change in Deffered Taxes
0
0
0
0
0
0
0
0
0
0
(12)
(12)
(10)
(11)
2
2
1
12
11
11
11
0
0
0
0
0
2
9
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
32
31
20
14
(22)
(25)
(16)
(6)
(4)
(1)
(0)
(3)
(2)
(0)
(0)
Stock-Based Compensation
0
0
0
0
0
0
0
0
1
0
1
1
1
1
1
0
1
0
0
0
0
0
0
1
1
1
1
0
1
2
3
4
4
3
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
2
2
0
1
2
3
4
0
0
0
3
3
4
4
3
3
0
0
0
0
0
0
0
1
1
3
2
0
2
0
Other Non-Cash Items
0
0
0
0
0
2
6
1
1
4
4
9
12
12
13
17
19
20
19
18
11
33
2
(2)
(16)
(155)
(174)
(222)
(238)
(172)
(172)
(175)
(203)
(189)
(169)
(117)
(1)
43
66
59
3
61
65
145
395
342
366
278
116
80
71
73
(5)
10
(36)
8
42
73
137
109
88
221
183
182
153
(30)
(196)
(197)
(207)
(410)
(183)
(44)
135
413
465
482
418
392
305
178
134
114
133
148
Cash Taxes Paid
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
2
2
1
1
1
1
1
2
2
1
1
1
1
1
1
1
0
0
1
1
1
1
Cash Interest Paid
0
0
1
1
2
4
7
11
14
15
18
19
22
26
31
34
0
27
28
27
0
0
0
0
48
61
83
100
77
82
86
90
92
96
97
99
101
103
105
107
107
110
111
113
113
113
113
115
109
113
107
106
104
99
100
100
104
107
111
114
115
114
106
98
87
82
78
74
72
66
79
71
88
98
99
118
122
123
127
116
100
85
72
69
Change in Working Capital
0
0
0
1
3
(0)
1
2
2
6
5
1
2
1
2
17
1
(3)
(1)
(14)
1
8
7
2
6
2
(5)
3
(6)
(5)
(3)
(1)
14
15
19
9
7
3
0
13
4
6
5
5
0
1
11
1
19
6
0
7
(16)
2
(0)
(1)
12
16
9
3
(12)
(23)
(15)
16
0
14
17
3
19
13
16
18
(4)
(7)
(16)
(28)
(1)
1
(10)
(12)
(5)
(8)
(1)
4
Cash from Operating Activities
0
N/A
1
+75%
1
-14%
2
+283%
5
+104%
3
-28%
7
+100%
11
+63%
14
+23%
21
+57%
24
+10%
23
-3%
29
+25%
32
+12%
36
+13%
55
+51%
41
-25%
38
-6%
40
+5%
28
-30%
41
+46%
36
-13%
26
-28%
20
-22%
24
+20%
41
+71%
48
+16%
70
+45%
77
+10%
87
+14%
107
+22%
124
+17%
152
+22%
169
+11%
186
+10%
189
+2%
197
+5%
190
-4%
193
+2%
208
+7%
205
-1%
222
+8%
228
+3%
228
+0%
221
-3%
219
-1%
228
+4%
230
+1%
252
+9%
241
-4%
235
-3%
231
-2%
214
-7%
221
+3%
210
-5%
214
+2%
214
+0%
223
+4%
225
+1%
210
-6%
200
-5%
185
-8%
190
+3%
221
+17%
176
-20%
190
+8%
190
0%
169
-11%
202
+20%
190
-6%
183
-4%
178
-3%
141
-21%
120
-15%
95
-21%
66
-30%
80
+21%
74
-7%
64
-13%
63
-2%
80
+27%
77
-4%
80
+3%
78
-2%
Investing Cash Flow
Capital Expenditures
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(10)
(1)
0
0
0
0
(0)
(1)
(3)
0
(10)
(4)
(13)
(0)
(22)
(22)
(11)
(2)
4
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(3)
(5)
(4)
(4)
(2)
(1)
(1)
(2)
(2)
(2)
(1)
(0)
(0)
0
0
0
0
(0)
(0)
(0)
(0)
(0)
0
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
0
0
Other Items
(2)
(5)
(3)
(48)
(84)
(105)
(126)
(115)
(89)
(137)
(171)
(169)
(231)
(174)
(128)
(116)
(52)
(38)
(20)
1
(18)
(75)
(188)
(237)
(360)
(341)
(376)
(381)
(280)
(271)
(399)
(460)
(557)
(568)
(510)
(448)
(373)
(328)
(216)
(216)
(245)
(256)
(152)
(180)
(96)
(95)
(200)
(178)
(32)
109
178
234
10
(129)
(25)
(129)
(158)
(183)
(198)
(88)
13
100
16
(28)
166
134
167
869
607
381
211
(534)
(289)
(26)
399
467
299
247
146
640
653
726
548
59
Cash from Investing Activities
(2)
N/A
(5)
-113%
(3)
+37%
(48)
-1 391%
(84)
-76%
(105)
-25%
(126)
-19%
(115)
+9%
(89)
+23%
(137)
-54%
(171)
-25%
(169)
+1%
(231)
-37%
(174)
+25%
(128)
+26%
(127)
+1%
(52)
+59%
(39)
+25%
(20)
+48%
11
N/A
(18)
N/A
(75)
-315%
(189)
-152%
(240)
-27%
(360)
-50%
(351)
+2%
(380)
-8%
(394)
-4%
(280)
+29%
(293)
-4%
(420)
-44%
(471)
-12%
(559)
-19%
(564)
-1%
(511)
+9%
(449)
+12%
(374)
+17%
(329)
+12%
(217)
+34%
(216)
+0%
(246)
-14%
(258)
-5%
(153)
+41%
(181)
-18%
(97)
+47%
(96)
+1%
(201)
-109%
(179)
+11%
(32)
+82%
108
N/A
177
+64%
231
+30%
5
-98%
(133)
N/A
(29)
+78%
(131)
-349%
(158)
-21%
(183)
-16%
(199)
-9%
(90)
+55%
11
N/A
99
+784%
16
-84%
(28)
N/A
166
N/A
134
-19%
167
+25%
869
+420%
607
-30%
381
-37%
211
-45%
(534)
N/A
(289)
+46%
(26)
+91%
398
N/A
467
+17%
298
-36%
246
-18%
145
-41%
639
+340%
652
+2%
725
+11%
548
-24%
59
-89%
Financing Cash Flow
Net Issuance of Common Stock
5
5
4
45
65
115
114
74
89
127
215
215
249
162
74
75
3
2
2
5
39
150
228
313
394
284
304
217
171
359
376
531
533
446
501
426
362
272
218
142
142
141
32
33
34
32
142
142
143
138
20
11
3
25
25
25
(10)
(96)
(139)
(257)
(223)
(168)
(139)
(21)
(35)
(53)
(72)
(131)
(129)
(159)
(172)
(114)
(187)
(145)
(136)
(150)
(65)
(63)
(45)
(45)
(63)
(67)
(62)
(56)
Net Issuance of Debt
1
1
(0)
23
26
5
34
10
26
6
(25)
(25)
(6)
3
10
21
28
18
5
(4)
(4)
(52)
50
48
41
85
96
120
123
56
(3)
(15)
(48)
23
(52)
(61)
(47)
61
39
59
61
14
(6)
23
15
(6)
88
(33)
(194)
(311)
(350)
(287)
(48)
32
96
63
160
223
183
275
88
(17)
(38)
(103)
(217)
(183)
(181)
(562)
(396)
(275)
(35)
461
316
187
(267)
(350)
(220)
(180)
(87)
(557)
(563)
(638)
(479)
(7)
Cash Paid for Dividends
(0)
(0)
(1)
(2)
(3)
(6)
(8)
(11)
(13)
(15)
(18)
(22)
(27)
(30)
(32)
(34)
(35)
(35)
(35)
(35)
(37)
(28)
(29)
(36)
(47)
(67)
(78)
(84)
(86)
(91)
(98)
(106)
(117)
(126)
(133)
(139)
(146)
(150)
(154)
(159)
(162)
(165)
(167)
(166)
(167)
(169)
(168)
(172)
(178)
(184)
(188)
(187)
(185)
(181)
(183)
(184)
(181)
(159)
(137)
(115)
(98)
(98)
(96)
(94)
(98)
(97)
(99)
(100)
(98)
(142)
(140)
(137)
(176)
(138)
(136)
(135)
(93)
(83)
(89)
(88)
(104)
(103)
(96)
(94)
Other
(0)
(0)
(0)
(2)
(2)
19
18
19
(22)
(2)
(1)
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Cash from Financing Activities
5
N/A
5
N/A
4
-28%
64
+1 587%
86
+34%
133
+54%
157
+18%
92
-41%
81
-12%
115
+43%
171
+49%
168
-2%
217
+29%
135
-38%
52
-62%
62
+20%
(4)
N/A
(15)
-234%
(28)
-93%
(34)
-20%
(1)
+97%
70
N/A
249
+257%
325
+31%
388
+19%
303
-22%
322
+6%
253
-21%
209
-18%
324
+55%
276
-15%
410
+49%
369
-10%
343
-7%
316
-8%
226
-29%
170
-25%
182
+7%
102
-44%
42
-59%
41
0%
(10)
N/A
(140)
-1 361%
(110)
+22%
(118)
-8%
(143)
-21%
61
N/A
(63)
N/A
(230)
-264%
(356)
-55%
(518)
-45%
(463)
+10%
(230)
+50%
(125)
+46%
(62)
+50%
(97)
-57%
(31)
+68%
(32)
-4%
(94)
-193%
(97)
-3%
(233)
-140%
(283)
-21%
(273)
+4%
(218)
+20%
(350)
-61%
(333)
+5%
(352)
-6%
(792)
-125%
(623)
+21%
(576)
+8%
(347)
+40%
209
N/A
(47)
N/A
(96)
-107%
(539)
-461%
(635)
-18%
(378)
+40%
(327)
+14%
(221)
+33%
(691)
-213%
(730)
-6%
(808)
-11%
(637)
+21%
(158)
+75%
Change in Cash
Effect of Foreign Exchange Rates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
(0)
(0)
(0)
1
1
0
1
(2)
(1)
0
1
2
1
9
2
4
2
(5)
1
11
11
6
4
(6)
(6)
(4)
(2)
(3)
(4)
(0)
3
(1)
6
3
(2)
2
(2)
1
2
0
0
(3)
(2)
(1)
(0)
(0)
1
3
3
3
1
(0)
(0)
0
1
(0)
2
2
1
1
Net Change in Cash
3
N/A
1
-73%
1
+33%
19
+1 458%
7
-64%
31
+360%
38
+23%
(12)
N/A
5
N/A
(0)
N/A
24
N/A
22
-9%
14
-34%
(7)
N/A
(40)
-503%
(10)
+74%
(16)
-49%
(15)
+2%
(8)
+47%
5
N/A
22
+360%
31
+38%
86
+181%
106
+24%
52
-51%
(7)
N/A
(11)
-47%
(71)
-549%
6
N/A
119
+1 952%
(38)
N/A
61
N/A
(40)
N/A
(51)
-29%
(9)
+83%
(32)
-271%
(6)
+80%
53
N/A
80
+52%
37
-54%
2
-96%
(51)
N/A
(65)
-27%
(53)
+19%
17
N/A
(14)
N/A
93
N/A
(18)
N/A
(16)
+11%
(11)
+30%
(107)
-875%
(4)
+96%
(15)
-241%
(37)
-143%
122
N/A
(15)
N/A
30
N/A
10
-67%
(70)
N/A
26
N/A
(24)
N/A
2
N/A
(66)
N/A
(24)
+63%
(8)
+68%
(12)
-56%
3
N/A
245
+8 519%
187
-24%
(5)
N/A
48
N/A
(144)
N/A
(192)
-34%
1
N/A
(45)
N/A
(102)
-128%
(0)
+100%
(7)
-2 789%
(10)
-52%
12
N/A
4
-67%
(4)
N/A
(8)
-93%
(20)
-134%
Free Cash Flow
Free Cash Flow
0
N/A
1
+75%
1
-14%
2
+283%
5
+104%
3
-28%
7
+100%
11
+63%
14
+23%
21
+57%
24
+10%
23
-3%
29
+25%
32
+12%
36
+13%
44
+22%
41
-8%
38
-5%
40
+5%
28
-30%
41
+46%
36
-13%
25
-31%
17
-31%
24
+42%
32
+31%
43
+37%
57
+30%
76
+35%
66
-14%
85
+29%
113
+33%
149
+32%
173
+16%
185
+7%
188
+1%
196
+5%
189
-4%
192
+2%
207
+7%
204
-1%
220
+8%
226
+3%
227
+0%
220
-3%
219
-1%
227
+4%
230
+1%
251
+9%
240
-5%
233
-3%
227
-3%
209
-8%
217
+4%
205
-5%
212
+3%
213
+1%
222
+4%
223
+1%
208
-7%
198
-5%
184
-7%
189
+3%
221
+17%
176
-20%
190
+8%
190
0%
169
-11%
202
+20%
190
-6%
183
-4%
178
-3%
141
-21%
120
-15%
94
-21%
66
-30%
80
+21%
74
-8%
64
-13%
63
-2%
80
+27%
77
-4%
80
+4%
78
-2%

See Also

Summary
AX.UN intrinsic value, competitors valuation, and company profile.
DCF Valuation
AX.UN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AX.UN stock valuation using valuation multiples.
Wall Street Estimates
AX.UN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AX.UN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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