SmartCentres Real Estate Investment Trust
Toronto Stock ExchangeTotal Valuation
SmartCentres Real Estate Investment Trust carries a market capitalization of 4.19B, placing it among publicly traded companies globally. Its enterprise value stands at 10.89B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 4.19B |
| Enterprise Value | 10.89B |
Share Statistics
SmartCentres Real Estate Investment Trust currently has 170.51M shares outstanding.
| Shares Outstanding | 170.51M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
SmartCentres Real Estate Investment Trust trades at a trailing price-to-earnings ratio of 12.44. The price-to-sales ratio is 4.96, and the price-to-book ratio stands at 0.86.
| PE Ratio | 12.44 |
| PS Ratio | 4.96 |
| PB Ratio | 0.86 |
| P/TBV Ratio | 0.71 |
| P/FCF Ratio | 12.14 |
| P/OCF Ratio | 12.20 |
Enterprise Valuation
On an enterprise value basis, SmartCentres Real Estate Investment Trust trades at an EV/EBITDA multiple of 20.61 and an EV/FCF ratio of 19.38. The EV/Sales ratio of 11.89 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 20.86 provides insight into valuation relative to core operating earnings.
| EV / Sales | 11.89 |
| EV / EBITDA | 20.61 |
| EV / EBIT | 20.86 |
| EV / FCF | 19.38 |
Financial Position
SmartCentres Real Estate Investment Trust maintains a current ratio of 0.14, meaning it holds 0.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 82.18, indicating elevated leverage, while an interest coverage ratio of 2.81 demonstrates limited ability to service its debt obligations.
| Current Ratio | 0.14 |
| Quick Ratio | 0.09 |
| Debt / Equity | 82.18 |
| Debt / EBITDA | 9.95 |
| Interest Coverage | 2.81 |
Financial Efficiency
SmartCentres Real Estate Investment Trust posts a return on equity of 7.00 and a return on invested capital of 4.54.
| Return on Equity (ROE) | 7.00 |
| Return on Assets (ROA) | 3.02 |
| Return on Invested Capital (ROIC) | 4.54 |
| Return on Capital Employed (ROCE) | 4.07 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 13.89 |
Stock Price Statistics
SmartCentres Real Estate Investment Trust's stock has gained approximately 11.9969% over the past 52 weeks. The 50-day moving average sits at 28.09, while the 200-day moving average is 26.99.
| Beta (5Y) | N/A |
| 52-Week Price Change | 11.9969% |
| 50-Day Moving Average | 28.09 |
| 200-Day Moving Average | 26.99 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, SmartCentres Real Estate Investment Trust generated 916.41M in revenue and converted that into 365.01M in net income, yielding earnings per share of 2.64. EBITDA reached 528.61M, while operating income came in at 522.36M.
| Revenue | 916.41M |
| Gross Profit | 563.94M |
| Operating Income | 522.36M |
| Pretax Income | 450.23M |
| Net Income | 365.01M |
| EBITDA | 528.61M |
| EBIT | 522.36M |
| Earnings Per Share (EPS) | 2.64 |
Balance Sheet
SmartCentres Real Estate Investment Trust holds 36.51M in cash and equivalents against 5.26B in total debt, resulting in a net debt position of 5.22B. Total book value stands at 5.27B, with working capital of -1.50B providing operational flexibility.
| Cash & Cash Equivalents | 36.51M |
| Total Debt | 5.26B |
| Net Debt | 5.22B |
| Equity (Book Value) | 5.27B |
| Book Value Per Share | 30.89 |
| Working Capital | -1.50B |
Cash Flow
SmartCentres Real Estate Investment Trust produced 372.15M in operating cash flow over the past twelve months. After subtracting -2.06M in capital expenditures, free cash flow totaled 370.09M - equivalent to 2.17 per share.
| Operating Cash Flow | 372.15M |
| Capital Expenditures | -2.06M |
| Free Cash Flow | 370.09M |
| FCF Per Share | 2.17 |
Margins
SmartCentres Real Estate Investment Trust operates with a gross margin of 61.54, reflecting its pricing power and cost economics. The operating margin of 57.00 and net profit margin of 39.83 provide insight into operational efficiency.
| Gross Margin | 61.54 |
| Operating Margin | 57.00 |
| Pretax Margin | 49.13 |
| Profit Margin | 39.83 |
| EBITDA Margin | 57.68 |
Dividends & Yields
The company's payout ratio of 49.99 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.57 |
| Dividend Yield | N/A |
| Payout Ratio | 49.99 |
| Shareholder Yield | 3.95 |
| FCF Yield | 8.24 |
Stock Splits
SmartCentres Real Estate Investment Trust's most recent stock split took place on November 4, 2002 with a 1000:89 split ratio.
| Last Split Date | 11/4/2002 |
| Split Ratio | 1000:89 |
Scores
SmartCentres Real Estate Investment Trust posts an Altman Z-Score of 0.78, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 0.78 |