Home / TNT-UN.TO : TSX

AI Analysis Fundamentals Valuation Video Analysis Similar

AI Analysis

How does TNT-UN.TO make money? Does TNT-UN.TO have pricing power? What's the Earnings Whisper? Will TNT-UN.TO profit more as the business scales? What is TNT-UN.TO's management track record? Is TNT-UN.TO's current price justified?

True North Commercial REIT

CAD 8.17 -$0.78 (-8.72%)

TSX · 15 Sep 2026 14:56 UTC

Previous Close

CAD 8.18

Day Range

CAD 8.16CAD 8.25

Year Range

CAD 7.99CAD 9.49

Market Cap

114.92M

AVG Volume

13.74K

Trailing/Forward PE

-4.94/-

PEG ratio

-0.31

Dividend Yield

8.45%

Next Earnings Date

2026-11-10

Primary Exchange

Toronto Stock Exchange

Revenue (CAD)

TNT-UN.TO Revenue (CAD) by year
Period	Revenue (CAD)
2025	130.12M
2024	126.91M
2023	132.2M
2022	143.57M
2021	138.52M
2020	139.43M
2019	106.46M
2018	87.07M
2017	56.01M
2016	41.35M

Net Income (CAD)

TNT-UN.TO Net Income (CAD) by year
Period	Net Income (CAD)
2025	-32.57M
2024	-20.95M
2023	-48.18M
2022	-21.71M
2021	51M
2020	39.75M
2019	24.18M
2018	49.62M
2017	28.75M
2016	-101K

Operating Income (CAD)

TNT-UN.TO Operating Income (CAD) by year
Period	Operating Income (CAD)
2025	62.58M
2024	59.24M
2023	67.38M
2022	80.43M
2021	77.23M
2020	78.3M
2019	46.01M
2018	50.15M
2017	31.97M
2016	22.81M

EBITDA (CAD)

TNT-UN.TO EBITDA (CAD) by year
Period	EBITDA (CAD)
2025	594K
2024	35.6M
2023	15.96M
2022	77.75M
2021	78.35M
2020	75.54M
2019	53.57M
2018	71.08M
2017	30.85M
2016	16.08M

Cash Flows (CAD)

TNT-UN.TO Cash Flows (CAD) by year
Period	Cash Flows (CAD)
2025	62.85M
2024	60.05M
2023	73.94M
2022	103.27M
2021	77.31M
2020	91.38M
2019	58.59M
2018	53.31M
2017	30.39M
2016	24.35M

EPS (CAD)

TNT-UN.TO EPS (CAD) by year
Period	EPS (CAD)
2025	-2.29
2024	-1.48
2023	-2.93
2022	-2.98
2021	0.57
2020	0.47
2019	0.38
2018	0.94
2017	0.88
2016	-0.02

Expenses (CAD)

TNT-UN.TO Expenses (CAD) by year
Period	Expenses (CAD)
2025	6.05M
2024	5.83M
2023	5.64M
2022	6.05M
2021	6.91M
2020	5.76M
2019	5.53M
2018	3.1M
2017	2.57M
2016	2.11M

Cash & Debt (CAD)

TNT-UN.TO Cash & Debt (CAD) by year
Period	Cash & Debt (CAD)
2025	7.64M
2024	12.33M
2023	8.95M
2022	9.5M
2021	5.48M
2020	24.58M
2019	5.67M
2018	2.49M
2017	7.42M
2016	24.78M

Debt ratios

TNT-UN.TO Debt ratios by year
Period	Debt ratios
2025	5.58
2024	3.64
2023	3.28
2022	2.99
2021	2.93
2020	3.41
2019	4.59
2018	3.73

Margins

TNT-UN.TO Margins by year
Period	Margins
2025	52.64%
2024	51.46%
2023	54.88%
2022	60.24%
2021	59.65%
2020	60.06%
2019	58.3%
2018	58.93%
2017	61.66%
2016	60.26%

Return on Capital

TNT-UN.TO Return on Capital by year
Period	Return on Capital
2025	-8.68%
2024	-5.04%
2023	-10.64%
2022	-4.16%
2021	9.44%
2020	7.57%
2019	4.58%
2018	13.67%
2017	11.58%
2016	-0.06%

Shares Outstanding

TNT-UN.TO Shares Outstanding by year
Period	Shares Outstanding
2025	14.41M
2024	14.64M
2023	16.38M
2022	16.38M
2021	88.01M
2020	86.35M
2019	84.76M
2018	57.22M
2017	47.74M
2016	29.15M

Dividends (CAD)

TNT-UN.TO Dividends (CAD) by year
Period	Dividends (CAD)
2026	0.46
2025	0.58
2023	1.71
2022	3.42
2021	3.42
2020	3.42
2019	3.42
2018	3.42
2017	3.42
2016	3.42

Book Value Per Share (CAD)

TNT-UN.TO Book Value Per Share (CAD) by year
Period	Book Value Per Share (CAD)
2025	26.03
2024	28.42
2023	27.65
2022	31.87
2021	6.14
2020	6.08
2019	6.22
2018	6.35
2017	5.2
2016	5.75

Total Assets (CAD)

TNT-UN.TO Total Assets (CAD) by year
Period	Total Assets (CAD)
2025	1.17B
2024	1.24B
2023	1.32B
2022	1.45B
2021	1.42B
2020	1.4B
2019	1.38B
2018	939.35M
2017	674.44M
2016	456.47M

PE Ratio

TNT-UN.TO PE Ratio by year
Period	PE Ratio
Mar 23	35.81
Mar 23	35.3
Mar 23	57.85
Mar 23	61.09
Feb 23	62.41
Feb 23	62.41
Feb 23	60.89
Feb 23	63.21
Jan 23	63.43
Jan 23	62.41
Jan 23	62.51
Jan 23	61.3
Dec 22	58.55
Dec 22	45.41
Dec 22	44.63
Dec 22	46.21
Dec 22	47.24
Nov 22	48.19
Nov 22	48.27
Nov 22	48.82
Nov 22	47.79
Oct 22	49.13
Oct 22	49.29
Oct 22	46.29
Oct 22	44.71
Sep 22	44.31
Sep 22	52.1
Sep 22	54.94
Sep 22	55.77
Sep 22	55.12
Aug 22	57.13
Aug 22	57.4
Aug 22	57.86
Aug 22	59.79
Jul 22	61.78
Jul 22	60.23
Jul 22	58.13
Jul 22	58.04
Jun 22	57.31
Jun 22	63.21
Jun 22	60.33
Jun 22	63.21
Jun 22	65.7
May 22	65.19
May 22	63.61
May 22	63.11
May 22	64
Apr 22	67.47
Apr 22	69.66
Apr 22	69.56
Apr 22	70.16
Apr 22	70.65
Mar 22	90.48
Mar 22	91.86
Mar 22	86.21
Mar 22	89.85
Feb 22	93.12
Feb 22	92.73
Feb 22	91.86
Feb 22	91.12
Jan 22	90.85
Jan 22	89.98
Jan 22	91.49
Jan 22	92.12
Dec 21	92.86
Dec 21	109.05
Dec 21	107.55
Dec 21	107.86
Dec 21	106.36
Nov 21	109.33
Nov 21	109.05
Nov 21	110.83
Nov 21	112.02
Oct 21	110.52
Oct 21	111.71
Oct 21	110.52
Oct 21	108.61
Oct 21	107.71
Sep 21	115.49
Sep 21	115.19
Sep 21	116.45
Sep 21	118.01
Aug 21	119.6
Aug 21	118.47
Aug 21	117.71
Aug 21	118.47
Jul 21	119.43
Jul 21	118.34
Jul 21	118.17
Jul 21	117.71
Jul 21	116.58
Jun 21	94.42
Jun 21	93.55
Jun 21	93.68
Jun 21	92.81
May 21	93.68
May 21	92.92
May 21	91.69
May 21	91.06
Apr 21	88.93

Free Cash Flow Yield

TNT-UN.TO Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	56.35%
Sep 26	56.22%
Sep 26	55.21%
Aug 26	53.6%
Aug 26	53.11%
Aug 26	52.15%
Aug 26	53.41%
Jul 26	53.91%
Jul 26	52.15%
Jul 26	52.86%
Jul 26	53.35%
Jul 26	53.29%
Jun 26	50.6%
Jun 26	51.56%
Jun 26	51.44%
Jun 26	52.24%
May 26	52.05%
May 26	53.2%
May 26	52.75%
May 26	52.62%
May 26	52.37%
Apr 26	51.75%
Apr 26	51.62%
Apr 26	53.85%
Apr 26	53.33%
Mar 26	68.7%
Mar 26	69.65%
Mar 26	68.62%
Mar 26	66.34%
Feb 26	65.41%
Feb 26	65.03%
Feb 26	65.18%
Feb 26	63.34%
Jan 26	63.91%
Jan 26	62.7%
Jan 26	61.8%
Jan 26	62.14%
Jan 26	62.49%
Dec 25	64.69%
Dec 25	64.47%
Dec 25	64.76%
Dec 25	64.19%
Nov 25	63.62%
Nov 25	64.33%
Nov 25	63.07%
Nov 25	64.47%
Oct 25	63.69%
Oct 25	61.98%
Oct 25	62.79%
Oct 25	62.66%
Oct 25	62.18%
Sep 25	54.02%
Sep 25	54.07%
Sep 25	54.02%
Sep 25	54.61%
Aug 25	54.31%
Aug 25	53.38%
Aug 25	54.02%
Aug 25	54.43%
Aug 25	53.1%
Jul 25	52.82%
Jul 25	53.21%
Jul 25	53.67%
Jul 25	52.65%
Jun 25	43.98%
Jun 25	44.03%
Jun 25	43.56%
Jun 25	45.54%
May 25	46%
May 25	45.95%
May 25	44.84%
May 25	44.22%
May 25	42.74%
Apr 25	43.47%
Apr 25	44.36%
Apr 25	47.38%
Apr 25	45.29%
Mar 25	42.92%
Mar 25	39.76%
Mar 25	51.03%
Mar 25	52.47%
Feb 25	50.91%
Feb 25	48.92%
Feb 25	48.26%
Feb 25	48.1%
Jan 25	47.14%
Jan 25	45.58%
Jan 25	44.3%
Jan 25	43.44%
Jan 25	40.71%
Dec 24	39.77%
Dec 24	39.35%
Dec 24	36.86%
Dec 24	36.36%
Nov 24	34.97%
Nov 24	36.2%
Nov 24	34.88%
Nov 24	32.36%
Nov 24	33.38%
Oct 24	32.65%

Price to Sales

TNT-UN.TO Price to Sales by year
Period	Price to Sales
Sep 26	0.91
Sep 26	0.92
Sep 26	0.93
Aug 26	0.96
Aug 26	0.97
Aug 26	0.99
Aug 26	0.96
Jul 26	0.96
Jul 26	0.99
Jul 26	0.97
Jul 26	0.97
Jul 26	0.97
Jun 26	0.95
Jun 26	0.94
Jun 26	0.94
Jun 26	0.92
May 26	0.93
May 26	0.91
May 26	0.92
May 26	0.92
May 26	0.92
Apr 26	0.93
Apr 26	0.94
Apr 26	0.9
Apr 26	0.91
Mar 26	0.94
Mar 26	0.92
Mar 26	0.94
Mar 26	0.97
Feb 26	0.98
Feb 26	0.99
Feb 26	0.99
Feb 26	1.02
Jan 26	1.01
Jan 26	1.03
Jan 26	1.04
Jan 26	1.04
Jan 26	1.03
Dec 25	1.03
Dec 25	1.03
Dec 25	1.03
Dec 25	1.04
Nov 25	1.05
Nov 25	1.03
Nov 25	1.06
Nov 25	1.03
Oct 25	1.05
Oct 25	1.07
Oct 25	1.06
Oct 25	1.06
Oct 25	1.07
Sep 25	1.03
Sep 25	1.03
Sep 25	1.03
Sep 25	1.02
Aug 25	1.02
Aug 25	1.04
Aug 25	1.03
Aug 25	1.02
Aug 25	1.05
Jul 25	1.05
Jul 25	1.04
Jul 25	1.04
Jul 25	1.06
Jun 25	1.08
Jun 25	1.07
Jun 25	1.09
Jun 25	1.04
May 25	1.03
May 25	1.03
May 25	1.06
May 25	1.07
May 25	1.11
Apr 25	1.09
Apr 25	1.07
Apr 25	1
Apr 25	1.04
Mar 25	1.11
Mar 25	1.2
Mar 25	0.93
Mar 25	0.91
Feb 25	0.94
Feb 25	0.97
Feb 25	0.99
Feb 25	0.99
Jan 25	1.01
Jan 25	1.05
Jan 25	1.08
Jan 25	1.1
Jan 25	1.17
Dec 24	1.13
Dec 24	1.14
Dec 24	1.22
Dec 24	1.24
Nov 24	1.28
Nov 24	1.24
Nov 24	1.29
Nov 24	1.39
Nov 24	1.35
Oct 24	1.38

EV/EBITDA

TNT-UN.TO EV/EBITDA by year
Period	EV/EBITDA
Sep 26	2739.41
Sep 26	2740.35
Sep 26	2747.46
Aug 26	2759.3
Aug 26	2763.09
Aug 26	2770.67
Aug 26	2760.72
Jul 26	2756.93
Jul 26	2770.67
Jul 26	2764.98
Jul 26	2761.2
Jul 26	2761.67
Jun 26	1430.04
Jun 26	1426.16
Jun 26	1426.65
Jun 26	1423.5
May 26	1424.22
May 26	1419.86
May 26	1421.55
May 26	1422.04
May 26	1423.01
Apr 26	1425.44
Apr 26	1425.92
Apr 26	1417.43
Apr 26	1419.37
Mar 26	776.22
Mar 26	774.82
Mar 26	776.35
Mar 26	779.92
Feb 26	781.45
Feb 26	782.08
Feb 26	781.83
Feb 26	785.01
Jan 26	783.99
Jan 26	786.16
Jan 26	787.82
Jan 26	787.18
Jan 26	786.54
Dec 25	69.88
Dec 25	69.91
Dec 25	69.87
Dec 25	69.96
Nov 25	70.05
Nov 25	69.94
Nov 25	70.14
Nov 25	69.91
Oct 25	70.04
Oct 25	70.32
Oct 25	70.18
Oct 25	70.21
Oct 25	70.29
Sep 25	28.65
Sep 25	28.64
Sep 25	28.65
Sep 25	28.6
Aug 25	28.63
Aug 25	28.7
Aug 25	28.65
Aug 25	28.62
Aug 25	28.72
Jul 25	28.74
Jul 25	28.71
Jul 25	28.68
Jul 25	28.76
Jun 25	25.06
Jun 25	25.05
Jun 25	25.09
Jun 25	24.93
May 25	24.89
May 25	24.89
May 25	24.98
May 25	25.04
May 25	25.17
Apr 25	25.1
Apr 25	25.02
Apr 25	24.78
Apr 25	24.95
Mar 25	15.66
Mar 25	15.86
Mar 25	15.27
Mar 25	15.21
Feb 25	15.27
Feb 25	15.36
Feb 25	15.39
Feb 25	15.39
Jan 25	15.44
Jan 25	15.52
Jan 25	15.58
Jan 25	15.63
Jan 25	15.8
Dec 24	102.93
Dec 24	103.11
Dec 24	104.25
Dec 24	104.5
Nov 24	105.22
Nov 24	104.58
Nov 24	105.27
Nov 24	106.76
Nov 24	106.13
Oct 24	106.57

Price/Operating Cashflow

TNT-UN.TO Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	1.77
Sep 26	1.78
Sep 26	1.81
Aug 26	1.87
Aug 26	1.88
Aug 26	1.92
Aug 26	1.87
Jul 26	1.85
Jul 26	1.92
Jul 26	1.89
Jul 26	1.87
Jul 26	1.88
Jun 26	1.98
Jun 26	1.94
Jun 26	1.94
Jun 26	1.91
May 26	1.92
May 26	1.88
May 26	1.9
May 26	1.9
May 26	1.91
Apr 26	1.93
Apr 26	1.94
Apr 26	1.86
Apr 26	1.88
Mar 26	1.46
Mar 26	1.44
Mar 26	1.46
Mar 26	1.51
Feb 26	1.53
Feb 26	1.54
Feb 26	1.53
Feb 26	1.58
Jan 26	1.56
Jan 26	1.59
Jan 26	1.62
Jan 26	1.61
Jan 26	1.6
Dec 25	1.55
Dec 25	1.55
Dec 25	1.54
Dec 25	1.56
Nov 25	1.57
Nov 25	1.55
Nov 25	1.59
Nov 25	1.55
Oct 25	1.57
Oct 25	1.61
Oct 25	1.59
Oct 25	1.6
Oct 25	1.61
Sep 25	1.85
Sep 25	1.85
Sep 25	1.85
Sep 25	1.83
Aug 25	1.84
Aug 25	1.87
Aug 25	1.85
Aug 25	1.84
Aug 25	1.88
Jul 25	1.89
Jul 25	1.88
Jul 25	1.86
Jul 25	1.9
Jun 25	2.27
Jun 25	2.27
Jun 25	2.3
Jun 25	2.2
May 25	2.17
May 25	2.18
May 25	2.23
May 25	2.26
May 25	2.34
Apr 25	2.3
Apr 25	2.25
Apr 25	2.11
Apr 25	2.21
Mar 25	2.33
Mar 25	2.52
Mar 25	1.96
Mar 25	1.91
Feb 25	1.96
Feb 25	2.04
Feb 25	2.07
Feb 25	2.08
Jan 25	2.12
Jan 25	2.19
Jan 25	2.26
Jan 25	2.3
Jan 25	2.46
Dec 24	2.51
Dec 24	2.54
Dec 24	2.71
Dec 24	2.75
Nov 24	2.86
Nov 24	2.76
Nov 24	2.87
Nov 24	3.09
Nov 24	3
Oct 24	3.06

Price to Book

TNT-UN.TO Price to Book by year
Period	Price to Book
Sep 26	0.32
Sep 26	0.32
Sep 26	0.32
Aug 26	0.33
Aug 26	0.33
Aug 26	0.34
Aug 26	0.33
Jul 26	0.33
Jul 26	0.34
Jul 26	0.34
Jul 26	0.33
Jul 26	0.33
Jun 26	0.33
Jun 26	0.32
Jun 26	0.33
Jun 26	0.32
May 26	0.32
May 26	0.31
May 26	0.32
May 26	0.32
May 26	0.32
Apr 26	0.32
Apr 26	0.32
Apr 26	0.31
Apr 26	0.31
Mar 26	0.29
Mar 26	0.29
Mar 26	0.29
Mar 26	0.3
Feb 26	0.3
Feb 26	0.31
Feb 26	0.31
Feb 26	0.31
Jan 26	0.31
Jan 26	0.32
Jan 26	0.32
Jan 26	0.32
Jan 26	0.32
Dec 25	0.31
Dec 25	0.31
Dec 25	0.31
Dec 25	0.31
Nov 25	0.32
Nov 25	0.31
Nov 25	0.32
Nov 25	0.31
Oct 25	0.32
Oct 25	0.33
Oct 25	0.32
Oct 25	0.32
Oct 25	0.32
Sep 25	0.31
Sep 25	0.31
Sep 25	0.31
Sep 25	0.31
Aug 25	0.31
Aug 25	0.32
Aug 25	0.31
Aug 25	0.31
Aug 25	0.32
Jul 25	0.32
Jul 25	0.32
Jul 25	0.31
Jul 25	0.32
Jun 25	0.33
Jun 25	0.33
Jun 25	0.33
Jun 25	0.32
May 25	0.31
May 25	0.31
May 25	0.32
May 25	0.33
May 25	0.34
Apr 25	0.33
Apr 25	0.33
Apr 25	0.3
Apr 25	0.32
Mar 25	0.33
Mar 25	0.35
Mar 25	0.28
Mar 25	0.27
Feb 25	0.28
Feb 25	0.29
Feb 25	0.29
Feb 25	0.29
Jan 25	0.3
Jan 25	0.31
Jan 25	0.32
Jan 25	0.32
Jan 25	0.35
Dec 24	0.33
Dec 24	0.34
Dec 24	0.36
Dec 24	0.37
Nov 24	0.38
Nov 24	0.37
Nov 24	0.38
Nov 24	0.41
Nov 24	0.4
Oct 24	0.41

No video analysis for this stock yet. Request one from our team.

AI Analysis

True North Commercial REIT

Video analysis: TNT-UN.TO

Similar companies