True North Commercial REIT
TSX:TNT.UN
Relative Value
The Relative Value of one TNT.UN stock under the Base Case scenario is 61.56 CAD. Compared to the current market price of 9.65 CAD, True North Commercial REIT is Undervalued by 84%.
Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.
Valuation Multiples
Multiples Across Competitors
TNT.UN Competitors Multiples
True North Commercial REIT Competitors
Market Cap | P/S | P/E | EV/EBITDA | EV/EBIT | ||||
---|---|---|---|---|---|---|---|---|
CA |
T
|
True North Commercial REIT
TSX:TNT.UN
|
151.3m CAD | 1.1 | -3.7 | 11.5 | 11.5 | |
US |
Alexandria Real Estate Equities Inc
NYSE:ARE
|
20B USD | 6.6 | 108.6 | 16 | 36.7 | ||
US |
Boston Properties Inc
NYSE:BXP
|
9.7B USD | 2.9 | 50.8 | 13 | 23.5 | ||
JP |
Nippon Building Fund Inc
TSE:8951
|
1T JPY | 10.8 | 26.3 | 27 | 37.4 | ||
US |
Vornado Realty Trust
NYSE:VNO
|
5.1B USD | 2.8 | 116.8 | 16.3 | 41.5 | ||
FR |
Covivio SA
PAR:COV
|
4.7B EUR | 5.4 | -3.3 | 16.7 | 18 | ||
AU |
Dexus
ASX:DXS
|
7.6B AUD | 8.7 | -5.5 | 30.8 | 30.8 | ||
JP |
Japan Real Estate Investment Corp
TSE:8952
|
764.1B JPY | 10.1 | 23 | 23.8 | 32.3 | ||
JP |
Kenedix Office Investment Corp
TSE:8972
|
634.7B JPY | 18.7 | 46.1 | 37.8 | 50.2 | ||
US |
Kilroy Realty Corp
NYSE:KRC
|
3.9B USD | 3.4 | 18.4 | 12.1 | 25.2 | ||
US |
Cousins Properties Inc
NYSE:CUZ
|
3.5B USD | 4.3 | 41.8 | 11 | 29.5 |