True North Commercial REITTSX:TNT.UN 64 OCF Margin % is 51.35% as of Mar. 2026, which is 11% below its 10-year median of 57.41. GuruFocus rates TSX:TNT.UN with a GF Score™ of 64/100 and a GF Value™ of C$9.83 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 936 REITs companies, True North Commercial REIT ranks better than 56.09% on this metric.
* 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.
TSX:TNT.UN vs BXP, ARE, VNO: OCF Margin % Comparison
For the REIT - Office subindustry, True North Commercial 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.
True North Commercial REIT OCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, True North Commercial REIT's OCF Margin % distribution charts can be found below:
* The bar in red indicates where True North Commercial REIT's OCF 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.
True North Commercial REIT (TSX:TNT.UN) has a OCF Margin % of 51.35% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on True North Commercial REIT and its competitors. This is 11% below median its historical median of 57.41. Over the past decade, True North Commercial REIT's OCF Margin % has ranged from 54.25 to 71.93. According to the industry distribution chart, True North Commercial REIT ranks #411 out of 936 companies in the REITs industry, placing it in the top 43.9%.
Is True North Commercial REIT's OCF Margin % too high?
True North Commercial REIT's current OCF Margin % of 51.35% is 11% below median its 10-year median of 57.41. Over the past 10 years, this metric has ranged from a low of 54.25 to a high of 71.93. The REITs industry median OCF Margin % is 49.40. True North Commercial REIT's value of 51.35% is 4% above this industry median. Based on the distribution chart, True North Commercial REIT ranks #411 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, True North Commercial REIT has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does True North Commercial REIT's OCF Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, True North Commercial REIT ranks #411 out of 936 companies for OCF Margin %. This puts True North Commercial REIT in the upper half of its industry. The industry median OCF Margin % is 49.40. True North Commercial REIT's value of 51.35% is 4% above this benchmark. Historically, True North Commercial REIT's own OCF Margin % has ranged from 54.25 to 71.93 over the past decade. While the company's 10-year median is 57.41 vs. the industry median of 49.40, 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 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. True North Commercial REIT's current OCF Margin % of 51.35% is 4% 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 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 True North Commercial 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. True North Commercial REIT's current OCF Margin % is 51.35%, which is 11% below median its own 10-year median of 57.41. 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 (TSX:TNT.UN) is currently considered Modestly Undervalued. The stock's GF Value™ is C$9.83, compared to a current price of C$8.51 — trading 13.4% below its estimated fair value. The current OCF Margin % is 51.35%, which is 11% below median its 10-year median of 57.41 and 4% above the REITs industry median of 49.40. True North Commercial REIT's overall GF Score™ is 64/100 with 6 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 True North Commercial REIT (TSX:TNT.UN), the current OCF Margin % is 51.35% 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 True North Commercial REIT (TSX:TNT.UN) Overvalued in 2026?
Based on GuruFocus' analysis, True North Commercial REIT stock appears to be undervalued.
The current stock price of C$8.51 is trading 13.4% below its estimated GF Value™ of C$9.83.
GuruFocus considers True North Commercial REIT to be Modestly Undervalued.
Key valuation signals for TSX:TNT.UN:
OCF Margin %: 51.35% (11% below median its 10-year median of 57.41)
GF Value™: C$9.83 vs. price of C$8.51 (13.4% below fair value)
Industry Position: 4% above the REITs median (#411 of 936)
No single metric tells the full story. See the TSX:TNT.UN 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.
64GF Score
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