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SmartCentres Real Estate Investment Trust

CWYUF

(0.0)
Stock Price

17,32 USD

2.29% ROA

2.55% ROE

15.97x PER

Market Cap.

3.683.709.384,06 USD

97.44% DER

5.35% Yield

14.73% NPM

SmartCentres Real Estate Investment Trust Stock Analysis

SmartCentres Real Estate Investment Trust Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

SmartCentres Real Estate Investment Trust Fundamental Stock Analysis
# Analysis Rating
1 ROE

Unidentified ROE

2 ROA

Unidentified ROA

3 PBV

Unidentified ROA

4 DER

Unidentified DER

5 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

6 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

7 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Graham Number

Unidentified Graham Number

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (0) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

SmartCentres Real Estate Investment Trust Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

SmartCentres Real Estate Investment Trust Technical Stock Analysis
# Analysis Recommendation

SmartCentres Real Estate Investment Trust Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

SmartCentres Real Estate Investment Trust Revenue
Year Revenue Growth
1999 450.534
2000 765.510 41.15%
2001 1.285.672 40.46%
2002 0 0%
2003 22.743.846 100%
2004 87.948.000 74.14%
2005 201.145.000 56.28%
2006 310.647.000 35.25%
2007 385.930.000 19.51%
2008 434.770.000 11.23%
2009 461.592.000 5.81%
2010 494.417.000 6.64%
2011 511.917.000 3.42%
2012 546.042.000 6.25%
2013 571.183.000 4.4%
2014 607.819.000 6.03%
2015 668.653.000 9.1%
2016 725.267.000 7.81%
2017 734.032.000 1.19%
2018 790.178.000 7.11%
2019 806.412.000 2.01%
2020 781.253.000 -3.22%
2021 780.758.000 -0.06%
2022 804.598.000 2.96%
2023 834.581.000 3.59%
2024 912.204.000 8.51%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

SmartCentres Real Estate Investment Trust Research and Development Expenses
Year Research and Development Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

SmartCentres Real Estate Investment Trust General and Administrative Expenses
Year General and Administrative Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 19.829.000 100%
2013 20.989.000 5.53%
2014 23.049.000 8.94%
2015 29.707.000 22.41%
2016 35.398.000 16.08%
2017 35.098.000 -0.85%
2018 37.809.000 7.17%
2019 34.113.000 -10.83%
2020 41.300.000 17.4%
2021 46.025.000 10.27%
2022 50.495.000 8.85%
2023 35.039.000 -44.11%
2024 35.420.000 1.08%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

SmartCentres Real Estate Investment Trust EBITDA
Year EBITDA Growth
1999 251.058
2000 444.520 43.52%
2001 780.159 43.02%
2002 0 0%
2003 8.780.062 100%
2004 58.958.000 85.11%
2005 135.592.000 56.52%
2006 223.372.000 39.3%
2007 260.372.000 14.21%
2008 285.909.000 8.93%
2009 302.190.000 5.39%
2010 322.419.000 6.27%
2011 491.654.000 34.42%
2012 362.996.000 -35.44%
2013 373.860.000 2.91%
2014 396.474.000 5.7%
2015 430.963.000 8%
2016 477.088.000 9.67%
2017 464.347.000 -2.74%
2018 501.120.000 7.34%
2019 508.957.000 1.54%
2020 520.436.000 2.21%
2021 686.842.000 24.23%
2022 498.734.000 -37.72%
2023 579.184.000 13.89%
2024 562.500.000 -2.97%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

SmartCentres Real Estate Investment Trust Gross Profit
Year Gross Profit Growth
1999 450.534
2000 596.810 24.51%
2001 959.076 37.77%
2002 0 0%
2003 13.882.908 100%
2004 60.877.000 77.2%
2005 139.737.000 56.43%
2006 214.542.000 34.87%
2007 265.052.000 19.06%
2008 294.499.000 10%
2009 308.896.000 4.66%
2010 331.338.000 6.77%
2011 338.925.000 2.24%
2012 368.334.000 7.98%
2013 383.303.000 3.91%
2014 405.396.000 5.45%
2015 447.992.000 9.51%
2016 487.095.000 8.03%
2017 485.981.000 -0.23%
2018 511.926.000 5.07%
2019 519.887.000 1.53%
2020 474.660.000 -9.53%
2021 501.236.000 5.3%
2022 521.162.000 3.82%
2023 513.561.000 -1.48%
2024 532.888.000 3.63%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

SmartCentres Real Estate Investment Trust Net Profit
Year Net Profit Growth
1999 51.635
2000 83.254 37.98%
2001 91.386 8.9%
2002 0 0%
2003 8.961.477 100%
2004 13.415.000 33.2%
2005 26.752.000 49.85%
2006 20.770.000 -28.8%
2007 30.495.000 31.89%
2008 89.648.000 65.98%
2009 23.286.000 -284.99%
2010 11.645.000 -99.97%
2011 176.879.000 93.42%
2012 898.382.000 80.31%
2013 272.776.000 -229.35%
2014 226.541.000 -20.41%
2015 269.167.000 15.84%
2016 322.231.000 16.47%
2017 296.833.000 -8.56%
2018 334.529.000 11.27%
2019 152.178.000 -119.83%
2020 -143.455.000 206.08%
2021 475.279.000 130.18%
2022 811.106.000 41.4%
2023 413.700.000 -96.06%
2024 418.200.000 1.08%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

SmartCentres Real Estate Investment Trust Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 1 100%
2004 1 0%
2005 1 0%
2006 0 0%
2007 0 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 1 100%
2012 7 83.33%
2013 2 -200%
2014 2 -100%
2015 2 0%
2016 2 50%
2017 2 -100%
2018 2 50%
2019 1 0%
2020 -1 0%
2021 3 100%
2022 5 50%
2023 2 -100%
2024 2 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

SmartCentres Real Estate Investment Trust Free Cashflow
Year Free Cashflow Growth
1999 -2.483.386
2000 182.043 1464.18%
2001 -635.898 128.63%
2002 -101.856 -524.31%
2003 -6.425.352 98.41%
2004 -620.668.000 98.96%
2005 -765.864.000 18.96%
2006 -426.508.000 -79.57%
2007 102.795.000 514.91%
2008 -255.974.000 140.16%
2009 -21.925.000 -1067.5%
2010 -52.714.000 58.41%
2011 -116.123.000 54.61%
2012 213.084.000 154.5%
2013 235.767.000 9.62%
2014 224.241.000 -5.14%
2015 296.049.000 24.26%
2016 316.085.000 6.34%
2017 352.683.000 10.38%
2018 350.410.000 -0.65%
2019 344.333.000 -1.76%
2020 295.982.000 -16.34%
2021 371.275.000 20.28%
2022 369.173.000 -0.57%
2023 328.947.000 -12.23%
2024 76.872.000 -327.92%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

SmartCentres Real Estate Investment Trust Operating Cashflow
Year Operating Cashflow Growth
1999 191.494
2000 182.043 -5.19%
2001 404.117 54.95%
2002 -79.758 606.68%
2003 9.821.086 100.81%
2004 35.136.000 72.05%
2005 70.839.000 50.4%
2006 92.439.000 23.37%
2007 160.872.000 42.54%
2008 144.069.000 -11.66%
2009 142.785.000 -0.9%
2010 139.979.000 -2%
2011 199.506.000 29.84%
2012 213.543.000 6.57%
2013 235.821.000 9.45%
2014 224.269.000 -5.15%
2015 296.248.000 24.3%
2016 316.337.000 6.35%
2017 353.082.000 10.41%
2018 351.254.000 -0.52%
2019 345.611.000 -1.63%
2020 295.982.000 -16.77%
2021 371.624.000 20.35%
2022 370.762.000 -0.23%
2023 330.853.000 -12.06%
2024 76.991.000 -329.73%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

SmartCentres Real Estate Investment Trust Capital Expenditure
Year Capital Expenditure Growth
1999 2.674.880
2000 0 0%
2001 1.040.015 100%
2002 22.098 -4606.38%
2003 16.246.438 99.86%
2004 655.804.000 97.52%
2005 836.703.000 21.62%
2006 518.947.000 -61.23%
2007 58.077.000 -793.55%
2008 400.043.000 85.48%
2009 164.710.000 -142.88%
2010 192.693.000 14.52%
2011 315.629.000 38.95%
2012 459.000 -68664.49%
2013 54.000 -750%
2014 28.000 -92.86%
2015 199.000 85.93%
2016 252.000 21.03%
2017 399.000 36.84%
2018 844.000 52.73%
2019 1.278.000 33.96%
2020 0 0%
2021 349.000 100%
2022 1.589.000 78.04%
2023 1.906.000 16.63%
2024 119.000 -1501.68%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

SmartCentres Real Estate Investment Trust Equity
Year Equity Growth
1999 780.102
2000 868.059 10.13%
2001 973.112 10.8%
2002 51.288.045 98.1%
2003 106.045.219 51.64%
2004 391.506.000 72.91%
2005 1.058.027.000 63%
2006 1.493.371.000 29.15%
2007 1.428.760.000 -4.52%
2008 1.436.887.000 0.57%
2009 1.372.617.000 -4.68%
2010 1.553.650.000 11.65%
2011 2.553.497.000 39.16%
2012 3.639.497.000 29.84%
2013 3.804.491.000 4.34%
2014 3.906.424.000 2.61%
2015 4.482.571.000 12.85%
2016 4.663.944.000 3.89%
2017 4.827.457.000 3.39%
2018 5.008.331.000 3.61%
2019 5.367.752.000 6.7%
2020 5.166.975.000 -3.89%
2021 5.841.315.000 11.54%
2022 6.163.101.000 5.22%
2023 6.359.304.000 3.09%
2024 6.310.884.000 -0.77%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

SmartCentres Real Estate Investment Trust Assets
Year Assets Growth
1999 2.839.315
2000 6.682.925 57.51%
2001 7.630.256 12.42%
2002 108.716.435 92.98%
2003 228.914.626 52.51%
2004 1.014.618.000 77.44%
2005 2.564.088.000 60.43%
2006 3.583.888.000 28.46%
2007 3.893.732.000 7.96%
2008 4.194.387.000 7.17%
2009 4.236.839.000 1%
2010 4.373.522.000 3.13%
2011 5.955.456.000 26.56%
2012 6.480.407.000 8.1%
2013 7.071.332.000 8.36%
2014 7.107.403.000 0.51%
2015 8.505.003.000 16.43%
2016 8.738.878.000 2.68%
2017 9.380.232.000 6.84%
2018 9.459.632.000 0.84%
2019 9.928.467.000 4.72%
2020 10.724.492.000 7.42%
2021 11.293.248.000 5.04%
2022 11.702.153.000 3.49%
2023 11.905.422.000 1.71%
2024 11.953.142.000 0.4%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

SmartCentres Real Estate Investment Trust Liabilities
Year Liabilities Growth
1999 2.059.213
2000 5.814.866 64.59%
2001 6.657.144 12.65%
2002 57.428.390 88.41%
2003 122.869.407 53.26%
2004 623.112.000 80.28%
2005 1.506.061.000 58.63%
2006 2.090.517.000 27.96%
2007 2.464.972.000 15.19%
2008 2.757.500.000 10.61%
2009 2.864.222.000 3.73%
2010 2.819.872.000 -1.57%
2011 3.401.959.000 17.11%
2012 2.840.910.000 -19.75%
2013 3.266.841.000 13.04%
2014 3.200.979.000 -2.06%
2015 4.022.432.000 20.42%
2016 4.074.934.000 1.29%
2017 4.552.775.000 10.5%
2018 4.451.301.000 -2.28%
2019 4.560.715.000 2.4%
2020 5.557.517.000 17.94%
2021 5.451.933.000 -1.94%
2022 5.539.052.000 1.57%
2023 5.546.118.000 0.13%
2024 5.642.258.000 1.7%

SmartCentres Real Estate Investment Trust Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
5.03
Net Income per Share
1.59
Price to Earning Ratio
15.97x
Price To Sales Ratio
4.27x
POCF Ratio
13.05
PFCF Ratio
11.07
Price to Book Ratio
0.83
EV to Sales
10.12
EV Over EBITDA
15.33
EV to Operating CashFlow
26.11
EV to FreeCashFlow
26.22
Earnings Yield
0.06
FreeCashFlow Yield
0.09
Market Cap
3,68 Bil.
Enterprise Value
8,73 Bil.
Graham Number
33.08
Graham NetNet
-32.02

Income Statement Metrics

Net Income per Share
1.59
Income Quality
0.99
ROE
0.05
Return On Assets
0.01
Return On Capital Employed
0.05
Net Income per EBT
0.79
EBT Per Ebit
0.32
Ebit per Revenue
0.58
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.59
Operating Profit Margin
0.58
Pretax Profit Margin
0.19
Net Profit Margin
0.15

Dividends

Dividend Yield
0.05
Dividend Yield %
5.35
Payout Ratio
0.98
Dividend Per Share
1.36

Operating Metrics

Operating Cashflow per Share
1.95
Free CashFlow per Share
1.94
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0.17
Return on Invested Capital
0.01
Return on Tangible Assets
0.02
Days Sales Outstanding
44.71
Days Payables Outstanding
112.16
Days of Inventory on Hand
56.93
Receivables Turnover
8.16
Payables Turnover
3.25
Inventory Turnover
6.41
Capex per Share
0.01

Balance Sheet

Cash per Share
0,29
Book Value per Share
36,82
Tangible Book Value per Share
36.58
Shareholders Equity per Share
30.5
Interest Debt per Share
30.71
Debt to Equity
0.97
Debt to Assets
0.43
Net Debt to EBITDA
8.86
Current Ratio
0.17
Tangible Asset Value
6,27 Bil.
Net Current Asset Value
-5,39 Bil.
Invested Capital
-1148155000
Working Capital
-1,20 Bil.
Intangibles to Total Assets
0
Average Receivables
0,16 Bil.
Average Payables
0,10 Bil.
Average Inventory
55909000
Debt to Market Cap
1.38

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

SmartCentres Real Estate Investment Trust Dividends
Year Dividends Growth
2013 0
2014 1 100%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2024 1 0%

SmartCentres Real Estate Investment Trust Profile

About SmartCentres Real Estate Investment Trust

SmartCentres Real Estate Investment Trust is one of Canada's largest fully integrated REITs, with a best-in-class portfolio featuring 166 strategically located properties in communities across the country. SmartCentres has approximately $10.4 billion in assets and owns 33.8 million square feet of income producing value-oriented retail space with 97.4% occupancy, on 3,500 acres of owned land across Canada. SmartCentres continues to focus on enhancing the lives of Canadians by planning and developing complete, connected, mixed-use communities on its existing retail properties. A publicly announced $11.9 billion intensification program ($5.4 billion at SmartCentres' share) represents the REIT's current major development focus on which construction is expected to commence within the next five years. This intensification program consists of rental apartments, condos, seniors' residences and hotels, to be developed under the SmartLiving banner, and retail, office, and storage facilities, to be developed under the SmartCentres banner. SmartCentres' intensification program is expected to produce an additional 59.3 million square feet (27.9 million square feet at SmartCentres' share) of space, 27.1 million square feet (12.3 million square feet at SmartCentres' share) of which has or will commence construction within next five years. From shopping centres to city centres, SmartCentres is uniquely positioned to reshape the Canadian urban and urban-suburban landscape. Included in this intensification program is the Trust's share of SmartVMC which, when completed, is expected to include approximately 11.0 million square feet of mixed-use space in Vaughan, Ontario. Construction of the first five sold-out phases of Transit City Condominiums that represent 2,789 residential units continues to progress. Final closings of the first two phases of Transit City Condominiums began ahead of budget and ahead of schedule in August 2020 and as at September 30, 2020, 766 units (representing approximately 70% of all 1,110 units in the first and second phases) had closed with the balance of units expected to close before year end. In addition, the presold 631 units in the third phase along with 22 townhomes, all of which are sold out and currently under construction, are expected to close in 2021. The fourth and fifth sold-out phases representing 1,026 units are currently under construction and are expected to close in 2023.

CEO
Mr. Mitchell Goldhar
Employee
417
Address
3200 Highway 7
Vaughan, L4K 5Z5

SmartCentres Real Estate Investment Trust Executives & BODs

SmartCentres Real Estate Investment Trust Executives & BODs
# Name Age
1 Mr. Mitchell Goldhar
Executive Chairman & Chief Executive Officer
70
2 Mr. Tom Bazinet
Senior Director of Property Management
70
3 Mr. Peter L. Slan CA
Chief Financial Officer
70
4 Ms. Paula Bustard
Executive Vice President of Development
70
5 Mr. Rudy Gobin
Executive Vice President of Portfolio Management & Investments
70
6 Ms. Shea Nerland Calnan
Legal Counsel
70
7 Mr. Dan Markou
Executive Vice President and Chief People & Culture Officer
70
8 Hammad Rawra
Vice President of Investor Relations
70
9 Mr. Allan Scully
Executive Vice President of Development
70
10 Ms. Julia Mok
Director of Operations Accounting
70

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