PRO Real Estate Investment Trust

PRO Real Estate Investment Trust

6.90
CAD
+0.04
(+0.58%)
0.55EPS
12.70P/E
591.83MMarket Cap
Nov 11Next Earn
PRO Real Estate Investment Trust
TSX:PRV.UN
(Toronto Stock Exchange)

Recent

price

6.90

P/E

ratio

12.70

div

yld

5.92%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CAD
- -
- -
- -
- -
1.43
1.79
1.57
1.63
1.43
1.54
1.81
1.32
1.65
1.69
1.67
1.54
1.5
Revenue per Share
- -
-1.47
-0.68
- -
0.8
0.51
0.46
0.55
0.66
0.4
0.55
1.39
1.43
0.44
0.04
0.52
0.55
Basic EPS, GAAP
- -
-0.33
-0.66
- -
0.02
0.44
0.24
0.5
0.49
0.44
0.6
0.49
0.47
0.52
0.5
0.48
0.54
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.31
0.46
0.43
0.51
0.48
0.49
0.47
0.36
0.45
0.45
0.45
0.41
0.41
Dividend per Share
1.12
3.15
2.47
- -
7.11
6.63
6.44
6.32
6.45
6.31
6.32
7.28
8.26
8.24
7.82
7.37
7.25
Book Value per Share
1.12
3.15
2.47
- -
7.11
6.63
6.44
6.32
6.27
6.19
6.2
7.21
8.2
8.18
7.77
7.33
7.22
Tangible Book Value per Share
- -
- -
- -
2
6
10
15
18
29
37
39
59
59
59
59
67
71
Basic Weighted Avg Shares
- -
- -
- -
- -
9
18
23
30
41
58
70
78
97
100
99
104
107
Sales/Revenue/Turnover
- -
- -
- -
- -
51.77
54.05
53.12
53.39
57.63
51.28
51.49
49.11
52.56
48.25
49.91
51.06
51
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
1
1
1
1
Depreciation Expense
- -
- -
- -
- -
5
5
7
10
19
15
21
82
84
26
2
35
40
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
55.86
28.31
29.04
33.92
45.9
25.99
30.18
105.37
86.92
25.93
2.39
33.96
36.97
Profit Margin (%)
- -
1
- -
- -
-9
-15
-12
-32
-56
-39
-41
-44
-105
-101
-146
-241
-119
Working Capital
- -
- -
- -
- -
74
110
136
191
240
323
324
487
413
421
363
308
485
LT Debt
- -
1
- -
- -
46
67
94
115
184
236
243
430
488
488
465
497
609
Total Equity
- -
- -
- -
- -
- -
6.13
5.18
5.41
5.44
4.89
5.96
4.65
5.2
4.78
4.92
5.25
4.71
Return on Invested Capital (%)
- -
- -
- -
- -
- -
5.62
5.4
5.51
6.79
5.09
5.82
12.45
10.59
4.7
2.45
5.87
5.53
Return on Capital (%)
- -
-38.23
-24.35
- -
- -
9.12
8.25
9.62
12.56
7.13
8.8
24.33
18.42
5.31
0.5
7.35
7.19
Return on Common Equity (%)

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
217
222
124
LT Borrowings
308
300
485
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
67
84
Market Capitalization
442
423
592

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
20
26
63
Cash, Cash Equivalents & STI
14
16
49
Accounts Receivable, Net
2
3
3
Inventories
- -
- -
- -
Total Current Liabilities
262
270
182
Payables & Accruals
12
16
22
ST Debt
217
222
124
Deferred Revenue
8
8
8

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.57%
18.48%
6.94%
Free Cash Flow
28.81%
7.36%
7.49%
Net Income, GAAP
170.66%
303.84%
1,387.71%
Sales/Revenue/Turnover
19.88%
8.68%
4.93%
Total Cash Common Dividend
21%
9.49%
3.88%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26
25
24
25
99
2025
26
25
27
26
104
2026
27
27
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
0.11
0.06
0.03
0.04
2025
0.25
0.08
0.19
0.03
0.52
2026
0.33
0.02
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
0.11
0.11
0.11
0.45
2025
0.11
0.1
0.11
0.11
0.41
2026
0.11
0.09
- -
- -
- -
Business
PRO Real Estate Investment Trust (TSX: PRV.UN) is an unincorporated open-ended real estate investment trust focused on owning and operating a portfolio of high-quality light industrial properties in Canada. Founded in 2013 and headquartered in Montreal, Quebec, the REIT manages 106 income-producing commercial properties totaling approximately 6.4 million square feet of gross leasable area, with industrial assets comprising 91.7% of GLA and 89.4% of base rent; operations span ten provinces, with high concentration in Eastern and Central Canada including Atlantic Canada at 45.4% of base rent. Core offerings include light industrial facilities in robust secondary markets, supported by internalized asset and property management through its subsidiary Compass Commercial Realty LP, acquired in 2018, which provides full-suite commercial property management and real estate services to institutional, corporate and private clients. In recent developments, PROREIT completed the acquisition of six institutional-quality industrial properties in Winnipeg, Manitoba, for $96.5 million in June 2025, totaling 678,177 square feet and elevating its industrial exposure to 88% while positioning it among the top three industrial landlords in Winnipeg with 1.3 million square feet at 99.9% occupancy; the REIT also finalized the sale of 12 non-core retail properties for $51.3 million in Q3 2025 and additional non-core office and retail disposals post-quarter-end, fully transitioning to a pure-play industrial platform as of September 30, 2025.

Company News

  • Pro Real Estate Investment Trust (PRV.UN:CA) Q2 2026 Earnings Call Transcript

  • Pro Real Estate Investment Trust (PRV.UN:CA) Shareholder/Analyst Call Prepared Remarks Transcript

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

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

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

  • Pro REIT: An 8.9% Dividend Yield From Industrial Real Estate