PMREF (Primaris REIT) OCF Margin %: 11.32% (As of Mar. 2026) — 72% Below Median


PMREF Primaris REIT PMREF
83 GF Score
Price $14.30
GF Value $13.25
Valuation Fairly Valued
! 8 Warning Signs
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What is Primaris REIT OCF Margin %?

Primaris REIT PMREF 83 OCF Margin % is 11.32% as of Mar. 2026, which is 72% below its 10-year median of 40.52. 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 936 REITs companies, Primaris REIT ranks worse than 65.81% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Primaris REIT's Cash Flow from Operations for the three months ended in Mar. 2026 was $14.7 Mil. Primaris REIT's Revenue for the three months ended in Mar. 2026 was $129.6 Mil. Therefore, Primaris REIT's OCF Margin % for the quarter that ended in Mar. 2026 was 11.32%.

As of today, Primaris REIT's current OCF Yield % is 9.24%.

The historical rank and industry rank for Primaris REIT's OCF Margin % or its related term are showing as below:

PMREF' s OCF Margin % Range Over the Past 10 Years
Min: -30.25   Med: 40.52   Max: 101.99
Current: 32.97


During the past 13 years, the highest OCF Margin % of Primaris REIT was 101.99%. The lowest was -30.25%. And the median was 40.52%.

PMREF's OCF Margin % is ranked worse than
65.81% of 936 companies
in the REITs industry
Industry Median: 49.395 vs PMREF: 32.97


Primaris REIT OCF Margin % Related Terms


Primaris REIT OCF Margin % Historical Data

* Premium members only.

The historical data trend for Primaris REIT's OCF 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.

Primaris REIT OCF Margin % Chart

Primaris REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.25 40.74 40.30 33.36 34.59

Primaris REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % 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 14.32 35.34 33.94 50.70 11.32

PMREF vs SPG, O, KIM: OCF Margin % Comparison

For the REIT - Retail subindustry, Primaris REIT's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Primaris REIT's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Primaris REIT's OCF Margin % falls into.


PMREF
83GF Score
Primaris REIT PMREF
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Primaris REIT OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Primaris REIT's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=163.634/473.05
=34.59 %

Primaris REIT's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=14.671/129.571
=11.32 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 11.32% mean?
Primaris REIT (PMREF) has a OCF Margin % of 11.32% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Primaris REIT and its competitors. This is 72% below median its historical median of 40.52. According to the industry distribution chart, Primaris REIT ranks #616 out of 936 companies in the REITs industry, placing it in the top 65.8%.
Is Primaris REIT's OCF Margin % too high?
Primaris REIT's current OCF Margin % of 11.32% is 72% below median its 10-year median of 40.52. The REITs industry median OCF Margin % is 49.40. Primaris REIT's value of 11.32% is 77.1% below this industry median. Based on the distribution chart, Primaris REIT ranks #616 out of 936 companies in the REITs industry, which is below the industry midpoint. 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 OCF Margin % compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #616 out of 936 companies for OCF Margin %. This places Primaris REIT in the lower half of its industry. The industry median OCF Margin % is 49.40. Primaris REIT's value of 11.32% is 77.1% below this benchmark. While the company's 10-year median is 40.52 vs. the industry median of 49.40, 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 OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.40, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primaris REIT's current OCF Margin % of 11.32% is 77.1% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Primaris REIT and its competitors. For the REITs industry, the median OCF Margin % is 49.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current OCF Margin % is 11.32%, which is 72% below median its own 10-year median of 40.52. 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 OCF Margin % is 11.32%, which is 72% below median its 10-year median of 40.52 and 77.1% below the REITs industry median of 49.40. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Primaris REIT (PMREF), the current OCF Margin % is 11.32% 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:

  • OCF Margin %: 11.32% (72% below median its 10-year median of 40.52)
  • GF Value™: $13.25 vs. price of $14.30 (7.9% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 77.1% below the REITs median (#616 of 936)

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.
83GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.30
Price
$13.25
GF Value