SmartCentres Real Estate Investment Trust

SmartCentres Real Estate Investment Trust

CWYUF
SmartCentres Real Estate Investment TrustUS flagOther OTC
21.00
USD
-0.40
- -
3.04BMarket Cap
SmartCentres Real Estate Investment Trust
CWYUF
(Other OTC)

Recent

price

21.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.17
4.14
4.14
4.26
4.45
4.56
4.68
4.74
4.92
4.75
4.54
4.59
4.73
4.9
5.39
5.36
5.37
Revenue per Share
4.65
1.43
6.81
2.03
1.67
1.84
2.08
1.88
2.08
1.85
0.44
4.86
3.03
2.43
1.39
1.48
2.14
Basic EPS, GAAP
-1.15
1.61
1.6
1.75
1.77
2.02
2.04
2.24
2.17
2.03
1.72
2.18
2.17
1.93
2.19
2.2
2.17
Free Cash Flow per Basic Share
1.33
1.11
1.11
1.13
1.13
1.1
1.1
1.11
1.12
1.12
1.51
1.57
1.57
1.57
1.57
1.57
1.57
Dividend per Share
-5.25
17.49
23.38
24.03
24.26
25.19
24.83
25.34
25.81
26.47
25.1
28.66
30.11
30.96
30.77
30.66
30.89
Book Value per Share
17.72
20.65
27.58
28.38
28.72
30.22
29.77
30.3
30.86
31.35
29.77
34.06
35.95
37.09
36.96
36.99
37.29
Tangible Book Value per Share
115
124
132
134
136
147
155
158
161
170
172
170
170
170
170
171
170
Basic Weighted Avg Shares
479
512
546
571
606
669
725
747
790
806
781
781
805
835
918
914
916
Sales/Revenue/Turnover
64.41
64.07
63.82
63.43
63.12
62.44
62.1
60.15
59.83
60.07
55.3
58.14
58.33
57.18
55.52
57.16
57
Operating Margin (%)
- -
- -
- -
- -
- -
1
7
8
8
8
14
12
10
11
7
6
6
Depreciation Expense
534
177
898
273
227
269
322
297
335
314
75
828
516
414
237
252
365
Net Income, GAAP
28.97
40.71
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
111.51
34.55
164.53
47.76
37.4
40.26
44.43
39.72
42.34
38.94
9.64
106.04
64.14
49.57
25.78
27.55
39.83
Profit Margin (%)
-306
-315
-334
-347
-520
-302
-556
-367
-657
-154
-83
-708
-699
-812
-1,359
-970
-1,496
Working Capital
2,429
2,487
2,397
2,747
2,577
3,561
3,287
3,816
3,530
4,111
4,356
4,176
4,524
4,394
4,059
4,454
4,129
LT Debt
2,286
2,553
3,639
3,804
3,906
4,483
4,664
4,827
5,008
5,368
5,167
5,841
6,163
6,359
6,338
6,346
6,397
Total Equity
4.84
3.79
- -
5.5
5.54
5.5
5.37
5.12
5.2
5.18
4.33
4.31
4.3
4.24
4.48
4.55
4.54
Return on Invested Capital (%)
27.97
5.99
- -
5.57
4.92
4.76
4.83
4.24
4.47
4.37
2.18
7.68
4.98
4.24
3.17
3.29
4.07
Return on Capital (%)
- -
- -
34.24
8.65
6.95
7.7
8.55
7.57
8.22
7.27
1.71
18.01
10.32
7.96
4.5
4.81
7
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,531
755
1,128
LT Borrowings
3,653
4,454
4,129
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
170
171
171
Market Capitalization
4,556
4,375
4,513

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
459
342
244
Cash, Cash Equivalents & STI
116
52
37
Accounts Receivable, Net
24
31
28
Inventories
24
21
21
Total Current Liabilities
2,111
1,312
1,740
Payables & Accruals
267
254
291
ST Debt
1,531
755
1,128
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.63%
4.31%
0.14%
Free Cash Flow
3%
5.61%
0.49%
Net Income, GAAP
84.82%
181.17%
6.36%
Sales/Revenue/Turnover
3.25%
3.26%
-0.48%
Total Cash Common Dividend
- -
- -
0.02%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
217
228
243
230
918
2025
229
224
227
234
914
2026
232
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.1
0.61
0.2
- -
1.39
2025
-0.05
0.52
0.39
- -
1.48
2026
0.62
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
0.39
0.39
- -
1.57
2025
0.39
0.39
0.39
- -
1.57
2026
0.39
- -
- -
- -
- -
Business
SmartCentres Real Estate Investment Trust is a Canada-based real estate investment trust specializing in the development, ownership, and management of retail, mixed-use, and industrial properties. Its product portfolio includes value-oriented retail shopping centres anchored by major retailers such as Walmart and Costco; purpose-built rental residential properties; first-class office space; and self-storage facilities. The Trust operates primarily across Canada, with a portfolio of 197 strategically located properties encompassing approximately 35.6 million square feet of leasable space on 3,500 acres of owned land. Founded in 1994 and headquartered in Vaughan, Ontario, SmartCentres serves retail, residential, office, and storage tenants across various Canadian communities. Recent major company developments include the issuance of $500 million in senior unsecured debentures in late 2025 to refinance existing debt and support general corporate purposes, reflecting a strategic focus on strengthening financial flexibility. The Trust has demonstrated robust operational performance with stable retail fundamentals, high lease renewal rates (approximately 85% leases renewed in 2025), and notable rental growth averaging 8.4% excluding anchor tenants. SmartCentres also continues to expand its mixed-use development platform, highlighted by new anchor tenant openings and active growth in the self-storage segment with multiple new facilities opened and under construction in 2025. Additionally, SmartCentres completed the acquisition of a $1.1 billion portfolio of 24 properties mainly located in Ontario and Quebec, further enhancing its asset base and geographic footprint. SmartCentres is organized as a fully integrated real estate operator and developer, combining leasing, planning, engineering, architecture, and construction capabilities. Its business segments span retail shopping centres, mixed-use developments, industrial, residential rental, and self-storage solutions, targeting retail consumers, commercial tenants, and residential renters across major Canadian urban and suburban markets. This comprehensive approach and recent financial and operational moves position SmartCentres as one of Canada's largest and most diversified real estate investment trusts focused on delivering value through high-quality, accessible retail and mixed-use environments.

Company News

APIChatGPT
  • SmartCentres Real Estate Investment Trust to Release 2026 Second Quarter Results and Host Conference Call

  • SmartCentres Releases 2025 Environmental, Social and Governance Report

  • SmartCentres Declares Distribution for June 2026

  • SmartCentres Declares Distribution for May 2026

  • SmartCentres Real Estate Investment Trust (SRU.UN:CA) Shareholder/Analyst Call Transcript

  • SmartCentres Real Estate Investment Trust Announces Voting Results From Annual Meeting of Holders of Units and Special Voting Units

  • SmartCentres Real Estate Investment Trust (SRU.UN:CA) Q1 2026 Earnings Call Transcript

  • SmartCentres Real Estate Investment Trust Releases First Quarter Results for 2026

  • SmartCentres Real Estate Investment Trust (CWYUF) Upgraded to Strong Buy: What Does It Mean for the Stock?

  • SmartCentres Announces Filing of Information Circular in Connection with Annual Unitholders' Meeting

  • Best Income Stocks to Buy for April 1st

  • Best Income Stocks to Buy for March 30th

  • SmartCentres Real Estate Investment Trust Further Extends Arrangements with Penguin Group

  • SmartCentres Real Estate Investment Trust Further Extends Arrangements with Penguin Group

  • SmartCentres Real Estate Investment Trust (SRU.UN:CA) Q4 2025 Earnings Call Transcript

  • Canadian REIT Capital Offerings Up Over 23% In 2025

  • SmartCentres Real Estate Investment Trust to Release 2025 Fourth Quarter and Year-End Results and Host Conference Call

  • SmartCentres REIT Extends Arrangements with Penguin Group, Provides Update on Ongoing Discussions by Both Parties

  • SmartCentres Declares Distribution for December 2025

  • SmartCentres Real Estate Investment Trust (SRU.UN:CA) Q3 2025 Earnings Call Transcript