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True North Commercial Real Estate Investment Trust

TSX • Real Estate • REIT - Office • Quote as of 10/27/2026 15:51
True North Commercial Real Estate Investment Trust stock price and volume chart

Company Profile

IndustryREIT - Office
SectorReal Estate
ExchangeTSX
Market Capitalization109.63 mln
Float12.36 mln
Earnings Date11/10/2026

Piotroski F-Score

6 / 9
Solid

Beneish M-Score

-2.82
Likely reliable

Relative Strength

60 / 100
Outperforming

Debt / Equity

2.00
Very high leverage

Pre-Tax Margin

-18%
Loss-making

ROE

-6.21
Negative

Business Description

True North Commercial REIT is a Canadian real estate trust founded in Ontario in 2012. It owns and manages 38 commercial properties totaling roughly 4.5 million square feet, located in major cities and key secondary markets across Canada. The trust favors long-term rental agreements with government bodies and financially stable tenants, and continues to grow by acquiring properties both within Canada and in select international markets.

Key Fundamentals

EPS-1.70
ROE-6.21
RPS9.14
ROIC4.17
ROA-2.00
Interest Cover1.87
EBITDA, mln9.22
EV / EBITDA97.98
EV / EBIT97.98
Revenue, mln129
EV / Revenue6.27

Quote Details

Last 7.54
Change -0.01 (-0.13%)
Open 7.66
Volume 4,399
Turnover 33,168
Average Volume 18,961

Financial Ratios

Pre-Tax Profit Margin-18
Leverage Ratio3.18
Current Ratio0.18
Price / Book0.30
Price / Tangible Book0.31
Price / Cash Flow2.02
Price / Free Cash Flow2.37
Debt / Equity2.00
Price / Sales0.86

Financial Strength

Altman Z-Score-0.32
Piotroski F-Score 6 / 9
Beneish M-Score-2.82
Price to Intrinsic Value0.11
Price to Graham Number0.25
Shiller PE Ratio10.28
Short Ratio1.02

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -1.05% 27 / 100   
1 Month -5.06% 26 / 100   
2 Months -12.73% 10 / 100   
6 Months -6.56% 23 / 100   
1 Year -12.81% 16 / 100   



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