Dream Industrial Real Estate Investment Trust
TSX:DIR.UN

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Dream Industrial Real Estate Investment Trust
TSX:DIR.UN
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Price: 13.8 CAD 0.22% Market Closed
Market Cap: CA$3.9B

P/B

0.8
Current
7%
More Expensive
vs 3-y average of 0.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.8
=
Market Cap
CA$3.8B
/
Total Equity
CA$4.8B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.8
=
Market Cap
CA$3.8B
/
Total Equity
CA$4.8B

Valuation Scenarios

Dream Industrial Real Estate Investment Trust is trading above its 3-year average

If P/B returns to its 3-Year Average (0.8), the stock would be worth CA$12.9 (6% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-6%
Maximum Upside
+214%
Average Upside
50%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.8 CA$13.8
0%
3-Year Average 0.8 CA$12.9
-6%
5-Year Average 0.8 CA$13.28
-4%
Industry Average 0.8 CA$13.53
-2%
Country Average 2.7 CA$43.32
+214%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 89% of companies in Canada
Percentile
11th
Based on 3 061 companies
11th percentile
0.8
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

Dream Industrial Real Estate Investment Trust
Glance View

Market Cap
3.9B CAD
Industry
Real Estate

Dream Industrial Real Estate Investment Trust is an intriguing player in the realm of industrial properties, capitalizing on the burgeoning demand for logistics and distribution spaces. The trust specializes in acquiring strategically located industrial assets, which range from warehouses to distribution centers and light manufacturing facilities. By curating a portfolio across prime markets in Canada, the United States, and Europe, Dream Industrial caters to the essential backbone of global commerce—businesses needing efficient spaces to store, process, and move goods. This strategic focus on high-quality locations ensures a steady stream of rental income, which forms the foundation of its revenue model. The trust is well-versed in optimizing the value of its properties through active management, capital improvements, and fostering strong tenant relationships, thereby enhancing both occupancy rates and rental yield. Revenue generation for Dream Industrial hinges on a meticulous approach to property management and leasing. By negotiating robust leasing agreements with tenants, the trust secures long-term streams of income, often benefiting from contractual rent escalations. This is coupled with a keen eye for market opportunities, enabling the trust to balance its portfolio through acquisitions and divestitures aligned with emerging industrial trends. The firm's adeptness in adjusting to shifts in tenant demands means Dream Industrial can swiftly recalibrate spaces for industries ranging from e-commerce giants to third-party logistics providers. By leveraging economies of scale and maintaining high occupancy, the trust maximizes its operational efficiencies, which in turn, supports stable, and potentially growing, distributions to its investors. Through this disciplined approach, Dream Industrial crafts a resilient model built to adapt and thrive in the evolving landscape of supply chain logistics.

DIR.UN Intrinsic Value
17.83 CAD
Undervaluation 23%
Intrinsic Value
Price CA$13.8
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