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True North Commercial REITTUERF +2.39%66 EV-to-EBITDA is 91.72 as of Sep. 16, 2026, which is 354% above its 10-year median of 20.22. GuruFocus rates TUERF with a GF Score™ of 66/100 and a GF Value™ of $6.77 (Fairly Valued). The stock has 6 warning signs investors should review. Among 674 REITs companies, True North Commercial REIT ranks worse than 97.33% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, True North Commercial REIT's enterprise value is $609.84 Mil.
True North Commercial REIT's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $6.65 Mil. Therefore, True North Commercial REIT's EV-to-EBITDA for today is 91.72.
The historical rank and industry rank for True North Commercial REIT's EV-to-EBITDA or its related term are showing as below:
TUERF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -124.69 Med: 20.22 Max: 1009.17
Current: 91.31
During the past 13 years, the highest EV-to-EBITDA of True North Commercial REIT was 1009.17. The lowest was -124.69. And the median was 20.22.
TUERF's EV-to-EBITDA is ranked worse than 97.33% of 674
companies
in the REITs industry
Industry Median: 14.97
vs TUERF: 91.31
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
True North Commercial REIT (OTCPK:TUERF) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
True North Commercial REIT's PE Ratio (TTM) for today is calculated as:
True North Commercial REIT's share price for today is $6.43.
True North Commercial REIT's Earnings per Share (Diluted) 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 $-1.187.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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 - Office subindustry, True North Commercial REIT's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
True North Commercial REIT EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, True North Commercial REIT's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where True North Commercial REIT's EV-to-EBITDA falls into.
True North Commercial REIT's current Enterprise Value is $609.84 Mil.
True North Commercial REIT's EBITDA 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 $6.65 Mil.
* 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.
True North Commercial REIT (TUERF) has a EV-to-EBITDA of 91.72 as of Sep. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on True North Commercial REIT. This is 354% above median its historical median of 20.22. According to the industry distribution chart, True North Commercial REIT ranks #656 out of 674 companies in the REITs industry, placing it in the top 97.3%.
Is True North Commercial REIT's EV-to-EBITDA too high?
True North Commercial REIT's current EV-to-EBITDA of 91.72 is 354% above median its 10-year median of 20.22. The REITs industry median EV-to-EBITDA is 14.97. True North Commercial REIT's value of 91.72 is 512.7% above this industry median. Based on the distribution chart, True North Commercial REIT ranks #656 out of 674 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, True North Commercial REIT has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does True North Commercial REIT's EV-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, True North Commercial REIT ranks #656 out of 674 companies for EV-to-EBITDA. This places True North Commercial REIT in the lower half of its industry. The industry median EV-to-EBITDA is 14.97. True North Commercial REIT's value of 91.72 is 512.7% above this benchmark. While the company's 10-year median is 20.22 vs. the industry median of 14.97, True North Commercial REIT has consistently been above 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 EV-to-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 14.97, based on 674 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. True North Commercial REIT's current EV-to-EBITDA of 91.72 is 512.7% above 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on True North Commercial REIT. For the REITs industry, the median EV-to-EBITDA is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True North Commercial REIT's current EV-to-EBITDA is 91.72, which is 354% above median its own 10-year median of 20.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True North Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, True North Commercial REIT (TUERF) is currently considered Fairly Valued. The stock's GF Value™ is $6.77, compared to a current price of $6.43 — trading 5% below its estimated fair value. The current EV-to-EBITDA is 91.72, which is 354% above median its 10-year median of 20.22 and 512.7% above the REITs industry median of 14.97. True North Commercial REIT's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For True North Commercial REIT (TUERF), the current EV-to-EBITDA is 91.72 as of Sep. 16, 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 True North Commercial REIT (TUERF) Overvalued in 2026?
Based on GuruFocus' analysis, True North Commercial REIT stock appears to be undervalued.
The current stock price of $6.43 is trading 5% below its estimated GF Value™ of $6.77.
GuruFocus considers True North Commercial REIT to be Fairly Valued.
Key valuation signals for TUERF:
EV-to-EBITDA: 91.72 (354% above median its 10-year median of 20.22)
GF Value™: $6.77 vs. price of $6.43 (5% below fair value)
Industry Position: 512.7% above the REITs median (#656 of 674)
No single metric tells the full story. See the TUERF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.
66GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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