PMREF (Primaris REIT) Profitability Rank: 8 (As of Mar. 2026) — 14% Above Median


PMREF Primaris REIT PMREF
83 GF Score
Price $14.75
GF Value $13.14
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Primaris REIT Profitability Rank?

Primaris REIT PMREF 83 Profitability Rank is 8 as of Mar. 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates PMREF with a GF Score™ of 83/100 and a GF Value™ of $13.14 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Primaris REIT has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is rated on a scale of 1 to 10 and is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

Primaris REIT's Operating Margin % for the quarter that ended in Mar. 2026 was 47.59%. As of today, Primaris REIT's Piotroski F-Score is 6.


Primaris REIT Profitability Rank Related Terms


PMREF vs SPG, O, KIM: Profitability Rank Comparison

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

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

* The bar in red indicates where Primaris REIT's Profitability Rank falls into.


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

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The rank is rated on a scale of 1 to 10. A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

Primaris REIT has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=61.665 / 129.571
=47.59 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Primaris REIT has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Primaris REIT operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank

Frequently Asked Questions Learn more about Profitability Rank →
What does a Profitability Rank of 8 mean?
Primaris REIT (PMREF) has a Profitability Rank of 8 as of Mar. 2026. Profitability and Growth ranks a company based on its profit margins and earnings growth. View historical data on Primaris REIT and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Primaris REIT's Profitability Rank has ranged from 5.00 to 8.00.
Is Primaris REIT's Profitability Rank too high?
Primaris REIT's current Profitability Rank of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. Overall, Primaris REIT has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Profitability Rank compare to SPG and O?
Primaris REIT's Profitability Rank of 8 can be compared against companies in the REITs industry. Historically, Primaris REIT's own Profitability Rank has ranged from 5.00 to 8.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Profitability Rank for a REITs company?
A good Profitability Rank depends on the REITs industry context. However, Profitability Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Profitability Rank mean?
A high Profitability Rank can signal that a stock is expensive relative to its fundamentals. Profitability and Growth ranks a company based on its profit margins and earnings growth. View historical data on Primaris REIT and its competitors. Primaris REIT's current Profitability Rank is 8, which is 14% above median its own 10-year median of 7.00. 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 Modestly Overvalued. The stock's GF Value™ is $13.14, compared to a current price of $14.75 — trading 12.3% above its estimated fair value. The current Profitability Rank is 8, which is 14% above median its 10-year median of 7.00. 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 Profitability Rank calculated?
Profitability Rank is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Profitability Rank is 8 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 $14.75 is trading 12.3% above its estimated GF Value™ of $13.14. GuruFocus considers Primaris REIT to be Modestly Overvalued.

Key valuation signals for PMREF:

  • Profitability Rank: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: $13.14 vs. price of $14.75 (12.3% above fair value)
  • GF Score™: 83/100 with 8 warning signs

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

Get the complete analysis for PMREF

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

$14.75
Price
$13.14
GF Value