Primaris REITPMREF 83 EBITDA Margin % is 39.94% as of Mar. 2026, which is 17% below its 10-year median of 47.99. GuruFocus rates PMREF with a GF Score™ of 83/100 and a GF Value™ of $13.25 (Fairly Valued). The stock has 8 warning signs investors should review. Among 750 REITs companies, Primaris REIT ranks worse than 75.87% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Primaris REIT's EBITDA for the
three
months ended in Mar. 2026 was $51.8 Mil. Primaris REIT's Revenue for the
three
months ended in Mar. 2026 was $129.6 Mil. Therefore, Primaris REIT's EBITDA margin for the quarter that ended in Mar. 2026 was 39.94%.
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Primaris REIT EBITDA Margin % Related Terms
Primaris REIT EBITDA Margin % Historical Data
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The historical data trend for Primaris REIT's EBITDA Margin % 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.
For the REIT - Retail subindustry, Primaris REIT's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Primaris REIT's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Primaris REIT's EBITDA Margin % falls into.
* 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 (PMREF) has a EBITDA Margin % of 39.94% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Primaris REIT and its competitors. This is 17% below median its historical median of 47.99. According to the industry distribution chart, Primaris REIT ranks #569 out of 750 companies in the REITs industry, placing it in the top 75.9%.
Is Primaris REIT's EBITDA Margin % too high?
Primaris REIT's current EBITDA Margin % of 39.94% is 17% below median its 10-year median of 47.99. The REITs industry median EBITDA Margin % is 69.61. Primaris REIT's value of 39.94% is 42.6% below this industry median. Based on the distribution chart, Primaris REIT ranks #569 out of 750 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Primaris REIT has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's EBITDA Margin % compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #569 out of 750 companies for EBITDA Margin %. This places Primaris REIT in the lower half of its industry. The industry median EBITDA Margin % is 69.61. Primaris REIT's value of 39.94% is 42.6% below this benchmark. While the company's 10-year median is 47.99 vs. the industry median of 69.61, Primaris REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.61, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primaris REIT's current EBITDA Margin % of 39.94% is 42.6% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Primaris REIT and its competitors. For the REITs industry, the median EBITDA Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current EBITDA Margin % is 39.94%, which is 17% below median its own 10-year median of 47.99. 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 Fairly Valued. The stock's GF Value™ is $13.25, compared to a current price of $14.30 — trading 7.9% above its estimated fair value. The current EBITDA Margin % is 39.94%, which is 17% below median its 10-year median of 47.99 and 42.6% below the REITs industry median of 69.61. Primaris REIT's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Primaris REIT (PMREF), the current EBITDA Margin % is 39.94% as of Mar. 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 $14.30 is trading 7.9% above its estimated GF Value™ of $13.25.
GuruFocus considers Primaris REIT to be Fairly Valued.
Key valuation signals for PMREF:
EBITDA Margin %: 39.94% (17% below median its 10-year median of 47.99)
GF Value™: $13.25 vs. price of $14.30 (7.9% above fair value)
Industry Position: 42.6% below the REITs median (#569 of 750)
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 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.
83GF Score
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