PMREF (Primaris REIT) Operating Cash Flow per Share: $1.45 (TTM As of Jun. 2026)

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PMREF Primaris REIT PMREF
78 GF Score
Price $15.71
GF Value $12.54
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Primaris REIT Operating Cash Flow per Share?

Primaris REIT PMREF 78 Operating Cash Flow per Share is $1.45 as of Jun. 2026. GuruFocus rates PMREF with a GF Score™ of 78/100 and a GF Value™ of $12.54 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 721 REITs companies, Primaris REIT ranks better than 65.74% on this metric.

Primaris REIT's operating cash flow per share for the three months ended in Jun. 2026 was $0.37. Primaris REIT's operating cash flow per share for the trailing twelve months (TTM) ended in Jun. 2026 was $1.45.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Primaris REIT was 6.10% per year. During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the OCF Growth Rate using Operating Cash Flow per Share data.

The historical rank and industry rank for Primaris REIT's Operating Cash Flow per Share or its related term are showing as below:

PMREF' s 3-Year OCF Growth Rate Range Over the Past 10 Years
Min: -14.1   Med: 9.1   Max: 17
Current: 6.2

During the past 13 years, Primaris REIT's highest 3-Year average Operating Cash Flow per Share Growth Rate was 17.00% per year. The lowest was -14.10% per year. And the median was 9.10% per year.

PMREF's 3-Year OCF Growth Rate is ranked better than
65.74% of 721 companies
in the REITs industry
Industry Median: 1.7 vs PMREF: 6.20

Primaris REIT Operating Cash Flow per Share Related Terms


Primaris REIT Operating Cash Flow per Share Historical Data

* Premium members only.

The historical data trend for Primaris REIT's Operating Cash Flow per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Primaris REIT Operating Cash Flow per Share Chart

Primaris REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Cash Flow per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.60 1.18 1.29 1.18 1.39

Primaris REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Cash Flow per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.37 0.59 0.13 0.37

PMREF vs SPG, O, KIM: Operating Cash Flow per Share Comparison

For the REIT - Retail subindustry, Primaris REIT's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Primaris REIT Price-to-Operating-Cash-Flow vs REITs Industry

For the REITs industry and Real Estate sector, Primaris REIT's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Primaris REIT's Price-to-Operating-Cash-Flow falls into.


PMREF
78GF Score
Primaris REIT PMREF
Operating Cash Flow per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primaris REIT Operating Cash Flow per Share Calculation

Operating Cash Flow per Share is the amount of Cash Flow from Operations per outstanding share of the company's stock.

Primaris REIT's Operating Cash Flow per Share for the fiscal year that ended in Dec. 2025 is calculated as

Operating Cash Flow per Share (A: Dec. 2025 )=Cash Flow from Operations (A: Dec. 2025 )/Shares Outstanding (Diluted Average) (A: Dec. 2025 )
=163.634/117.960
=1.39

Primaris REIT's Operating Cash Flow per Share for the quarter that ended in Dec. 2025 is calculated as

Operating Cash Flow per Share (Q: Jun. 2026 )=Cash Flow from Operations (Q: Jun. 2026 )/Shares Outstanding (Diluted Average) (Q: Jun. 2026 )
=43.234/118.071
=0.37

Operating Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Operating Cash Flow per Share of $1.45 mean?
Primaris REIT (PMREF) has a Operating Cash Flow per Share of $1.45 as of Jun. 2026. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on Primaris REIT and its competitors. According to the industry distribution chart, Primaris REIT ranks #247 out of 721 companies in the REITs industry, placing it in the top 34.3%.
Is Primaris REIT's Operating Cash Flow per Share too high?
Primaris REIT's current Operating Cash Flow per Share is $1.45. The REITs industry median Operating Cash Flow per Share is 1.70. Primaris REIT's value of $1.45 is 14.7% below this industry median. Based on the distribution chart, Primaris REIT ranks #247 out of 721 companies in the REITs industry, which is above the industry midpoint. Overall, Primaris REIT has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Operating Cash Flow per Share compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #247 out of 721 companies for Operating Cash Flow per Share. This puts Primaris REIT in the upper half of its industry. The industry median Operating Cash Flow per Share is 1.70. Primaris REIT's value of $1.45 is 14.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Cash Flow per Share for a REITs company?
The median Operating Cash Flow per Share among REITs companies is 1.70, based on 721 companies in the industry. Companies in the top quartile (top 25%) have a Operating Cash Flow per Share significantly above this median, while those in the bottom quartile fall well below. However, Operating Cash Flow per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primaris REIT's current Operating Cash Flow per Share of $1.45 is 14.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Cash Flow per Share mean?
A high Operating Cash Flow per Share can signal that a stock is expensive relative to its fundamentals. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on Primaris REIT and its competitors. For the REITs industry, the median Operating Cash Flow per Share is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current Operating Cash Flow per Share is $1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (PMREF) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.54, compared to a current price of $15.71 — trading 25.3% above its estimated fair value. The current Operating Cash Flow per Share is $1.45 and 14.7% below the REITs industry median of 1.70. Primaris REIT's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Cash Flow per Share calculated?
Operating Cash Flow per Share is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Operating Cash Flow per Share is $1.45 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Primaris REIT (PMREF) Overvalued in 2026?

Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued. The current stock price of $15.71 is trading 25.3% above its estimated GF Value™ of $12.54. GuruFocus considers Primaris REIT to be Modestly Overvalued.

Key valuation signals for PMREF:

  • Operating Cash Flow per Share: $1.45
  • GF Value™: $12.54 vs. price of $15.71 (25.3% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 14.7% below the REITs median (#247 of 721)

No single metric tells the full story. See the PMREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Primaris REIT Business Description

Industry Real EstateREITs
Other Exchanges H0D:GermanyPMZ.UN:Canada
Address 181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
78GF Score

Get the complete analysis for PMREF

Operating Cash Flow per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.71
Price
$12.54
GF Value