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True North Commercial REIT (TSX:TNT.UN) EV-to-EBIT

: -120.47 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, True North Commercial REIT's Enterprise Value is C$939.6 Mil. True North Commercial REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-7.8 Mil. Therefore, True North Commercial REIT's EV-to-EBIT for today is -120.47.

The historical rank and industry rank for True North Commercial REIT's EV-to-EBIT or its related term are showing as below:

TSX:TNT.UN' s EV-to-EBIT Range Over the Past 10 Years
Min: -124.69   Med: 18.13   Max: 56.03
Current: -120.47

During the past 12 years, the highest EV-to-EBIT of True North Commercial REIT was 56.03. The lowest was -124.69. And the median was 18.13.

TSX:TNT.UN's EV-to-EBIT is ranked worse than
100% of 577 companies
in the REITs industry
Industry Median: 20.18 vs TSX:TNT.UN: -120.47

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. True North Commercial REIT's Enterprise Value for the quarter that ended in Dec. 2023 was C$969.6 Mil. True North Commercial REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-7.8 Mil. True North Commercial REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.80%.


True North Commercial REIT EV-to-EBIT Historical Data

The historical data trend for True North Commercial REIT's EV-to-EBIT 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.

* Premium members only.

True North Commercial REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.83 19.75 18.79 30.48 -124.31

True North Commercial REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 30.48 30.52 43.11 -41.28 -124.31

Competitive Comparison

For the REIT - Office subindustry, True North Commercial REIT's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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-EBIT Distribution

For the REITs industry and Real Estate sector, True North Commercial REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where True North Commercial REIT's EV-to-EBIT falls into.



True North Commercial REIT EV-to-EBIT Calculation

True North Commercial REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=939.641/-7.8
=-120.47

True North Commercial REIT's current Enterprise Value is C$939.6 Mil.
True North Commercial REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-7.8 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  (TSX:TNT.UN) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

True North Commercial REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-7.8/969.59683
=-0.80 %

True North Commercial REIT's Enterprise Value for the quarter that ended in Dec. 2023 was C$969.6 Mil.
True North Commercial REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-7.8 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 EV-to-EBIT Related Terms

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True North Commercial REIT (TSX:TNT.UN) Business Description

Traded in Other Exchanges
Address
3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
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.

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