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True North Commercial REIT (TSX:TNT.UN) Price-to-Free-Cash-Flow : 2.08 (As of Apr. 28, 2024)


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What is True North Commercial REIT Price-to-Free-Cash-Flow?

As of today (2024-04-28), True North Commercial REIT's share price is C$9.65. True North Commercial REIT's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$4.65. Hence, True North Commercial REIT's Price-to-Free-Cash-Flow Ratio for today is 2.08.

The historical rank and industry rank for True North Commercial REIT's Price-to-Free-Cash-Flow or its related term are showing as below:

TSX:TNT.UN' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.34   Med: 6.16   Max: 41.24
Current: 2.08

During the past 12 years, True North Commercial REIT's highest Price-to-Free-Cash-Flow Ratio was 41.24. The lowest was 1.34. And the median was 6.16.

TSX:TNT.UN's Price-to-Free-Cash-Flow is ranked better than
97.28% of 698 companies
in the REITs industry
Industry Median: 12.085 vs TSX:TNT.UN: 2.08

True North Commercial REIT's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$1.48. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was C$4.65.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of True North Commercial REIT was -27.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -8.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 1.80% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 0.80% per year.

During the past 12 years, True North Commercial REIT's highest 3-Year average Free Cash Flow per Share Growth Rate was 17.60% per year. The lowest was -8.20% per year. And the median was -2.35% per year.


True North Commercial REIT Price-to-Free-Cash-Flow Historical Data

The historical data trend for True North Commercial REIT's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

True North Commercial REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.55 5.96 8.50 5.15 2.13

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
Price-to-Free-Cash-Flow 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 5.15 3.18 2.34 2.24 2.13

Competitive Comparison of True North Commercial REIT's Price-to-Free-Cash-Flow

For the REIT - Office subindustry, True North Commercial REIT's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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's Price-to-Free-Cash-Flow Distribution in the REITs Industry

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

* The bar in red indicates where True North Commercial REIT's Price-to-Free-Cash-Flow falls into.



True North Commercial REIT Price-to-Free-Cash-Flow Calculation

True North Commercial REIT's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=9.65/4.649
=2.08

True North Commercial REIT's Share Price of today is C$9.65.
True North Commercial REIT's Free Cash Flow per Share 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$4.65.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

True North Commercial REIT  (TSX:TNT.UN) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


True North Commercial REIT Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of True North Commercial REIT's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


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.

True North Commercial REIT (TSX:TNT.UN) Headlines

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