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Overview
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SmartCentres Real Estate Investment Trust stock price, quote, forecast and news

SRU.UN.TO
CA83179X1087
A14WES

Price

25.94
Today +/-
+0.12
Today %
+0.70 %
P

SmartCentres Real Estate Investment Trust stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the SmartCentres Real Estate Investment Trust stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the SmartCentres Real Estate Investment Trust stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the SmartCentres Real Estate Investment Trust stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze SmartCentres Real Estate Investment Trust's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

SmartCentres Real Estate Investment Trust Stock Price History

DateSmartCentres Real Estate Investment Trust Price
9/9/202425.94 undefined
9/6/202425.76 undefined
9/5/202425.96 undefined
9/4/202426.11 undefined
9/3/202425.71 undefined
8/30/202425.54 undefined
8/29/202425.67 undefined
8/28/202425.77 undefined
8/27/202425.98 undefined
8/26/202425.57 undefined
8/23/202425.27 undefined
8/22/202424.61 undefined
8/21/202424.55 undefined
8/20/202424.36 undefined
8/19/202424.28 undefined
8/16/202424.19 undefined
8/15/202424.10 undefined
8/14/202424.00 undefined
8/13/202423.86 undefined
8/12/202423.95 undefined

SmartCentres Real Estate Investment Trust Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into SmartCentres Real Estate Investment Trust, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by SmartCentres Real Estate Investment Trust from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects SmartCentres Real Estate Investment Trust’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of SmartCentres Real Estate Investment Trust. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into SmartCentres Real Estate Investment Trust’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing SmartCentres Real Estate Investment Trust’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on SmartCentres Real Estate Investment Trust’s growth potential.

SmartCentres Real Estate Investment Trust Revenue, EBIT and net profit per share

DateSmartCentres Real Estate Investment Trust RevenueSmartCentres Real Estate Investment Trust EBITSmartCentres Real Estate Investment Trust Net Income
2026e950.3 M undefined0 undefined276.2 M undefined
2025e922.09 M undefined0 undefined277.66 M undefined
2024e909.29 M undefined0 undefined226.51 M undefined
2023834.58 M undefined459.17 M undefined413.7 M undefined
2022804.6 M undefined451.92 M undefined516.05 M undefined
2021780.76 M undefined447.58 M undefined827.98 M undefined
2020781.3 M undefined415.1 M undefined75.3 M undefined
2019806.4 M undefined460.6 M undefined314 M undefined
2018790.2 M undefined470 M undefined334.5 M undefined
2017747.2 M undefined447 M undefined296.8 M undefined
2016725.3 M undefined436.8 M undefined322.2 M undefined
2015668.7 M undefined407.4 M undefined269.2 M undefined
2014607.8 M undefined368.3 M undefined226.5 M undefined
2013571.2 M undefined357.7 M undefined272.8 M undefined
2012546 M undefined346.5 M undefined898.4 M undefined
2011511.9 M undefined326.7 M undefined176.9 M undefined
2010479.2 M undefined252.9 M undefined534.3 M undefined
2009461.6 M undefined166.7 M undefined23.3 M undefined
2008436.6 M undefined168.8 M undefined89.6 M undefined
2007379.5 M undefined137.4 M undefined30.5 M undefined
2006299.4 M undefined109.1 M undefined20.8 M undefined
2005201.1 M undefined71 M undefined26.8 M undefined
200485.2 M undefined34.5 M undefined13.4 M undefined

SmartCentres Real Estate Investment Trust Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (M)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (M)EBIT (M)EBIT MARGIN (%)NET INCOME (M)NET INCOME GROWTH (%)DIV. ()DIV. GROWTH (%)SHARES (M)DOCUMENTS
2000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024e2025e2026e
1131285201299379436461479511546571607668725747790806781780804834909922950
--200.00300.00608.33136.4748.7626.7615.045.733.906.686.854.586.3010.058.533.035.762.03-3.10-0.133.083.738.991.433.04
--66.6766.6768.2469.1568.9068.6067.6666.8166.6066.1465.5765.3264.9165.2765.3863.1962.9162.5358.9062.1862.4461.51---
002858139206260295308319338358373394436474472497504460485502513000
00173471109137168166252326346357368407436447470460415447451459000
--33.3358.3340.0035.3236.4536.1538.5336.0152.6163.8063.3762.5260.6360.9360.1459.8459.4957.0753.1457.3156.0955.04---
001913262030892353417689827222626932229633431475827516413226277276
---800.0044.44100.00-23.0850.00196.67-74.162,221.74-67.04410.23-69.71-16.9119.0319.70-8.0712.84-5.99-76.111,002.67-37.61-19.96-45.2822.57-0.36
---------------------------
---------------------------
5.30.51.66.926.549.578.591.593.997.1106.5119.4127136138.3154.5155.5160.1162.3171.9173173.75179.66180.02000
---------------------------
Details

Keystats

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Revenue and Growth

The SmartCentres Real Estate Investment Trust Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the SmartCentres Real Estate Investment Trust is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (B)TANGIBLE ASSETS (B)LONG-T. INVEST. (B)LONG-T. REC. (M)INTANGIBLE ASSETS (M)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (B)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (B)ADDITIONAL PAID-IN CAPITAL (M)RETAINED EARNINGS (B)OTHER EQUITY (B)UNREAL. GAINS/LOSSES (M)EQUITY (B)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (B)LONG-T. LIAB. (B)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (B)DEBT (B)TOTAL CAPITAL (B)
200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
                                               
000089022022242792117100202123163295579562.2435.2634.74
000062755434950108785108914133836.7541.5855.31
0000000000212289186312751647513884.74102.14148.08
000000000000000002023252627.440.3751.72
00028223198219661276777109121712.2956.815.05
00000.10.140.290.150.090.080.050.060.040.120.050.10.170.250.140.181.010.220.280.3
0.010.010.110.220.782.042.692.963.223.4900.40.3500000000.01000
00000000005.225.265.876.696.88.128.378.869.059.49.3110.510.8911.32
0023404390258266245197217208223227188119182179265308388.65282.1680.53
00001013425045276144140000039383635343231.1629.8342.48
00000000000000014141414141413.9813.9813.98
00110123451418182832363635393837129.63206.57152.16
0.010.010.110.230.922.433.293.754.14.155.435.896.446.957.068.48.579.139.329.759.7111.0711.4311.61
0.010.010.110.231.022.573.583.894.24.245.485.966.487.077.118.58.749.389.469.9310.7311.2911.711.92
                                               
000.050.110.391.061.491.431.4401.7722.22.242.272.62.652.722.783.073.093.093.093.09
000000000000000000000000
0000000001.370.140.160.890.981.031.091.21.271.371.421.231.792.042.18
0000000000000000000000.961.040
000000000000000000000000
000.050.110.391.061.491.431.441.371.912.163.093.223.33.693.853.994.154.494.325.846.165.27
00152254127515942455949696076688894867778.5286.5995.36
0000000514752222023282829283026203416.617.0417.41
0000000383043487049515368748796111131157.96157.49398.79
000000000000000000000000
0000000111237229252322428230551415581115854678.41459.28605.48
0000.010.020.050.130.140.140.140.350.380.370.470.570.40.720.620.80.331.10.930.721.12
0.0100.060.120.561.451.962.32.622.732.432.472.42.762.593.573.33.823.544.124.374.194.534.39
0000000000300422000000000000
000040402510108128743441516011011610992332.49284.1835.04
0.0100.060.120.61.451.962.322.622.732.843.022.472.82.633.623.363.933.654.234.464.524.824.43
0.0100.060.120.621.512.092.472.762.873.193.42.843.273.24.024.084.554.454.565.565.455.545.55
0.010.010.110.231.022.563.583.894.24.245.15.565.936.496.57.727.928.558.69.059.8711.2911.710.82
Details

Balance Sheet

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Understanding the Balance Sheet

The balance sheet of SmartCentres Real Estate Investment Trust provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand SmartCentres Real Estate Investment Trust's financial health and stability.

Assets

SmartCentres Real Estate Investment Trust's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that SmartCentres Real Estate Investment Trust must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of SmartCentres Real Estate Investment Trust after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into SmartCentres Real Estate Investment Trust's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (B)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (M)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (k)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (M)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (M)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
20002001null2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
00000.010.010.030.020.030.090.020.530.211.040.320.260.320.390.360.40.370.090.990.640.51
00000236610112112313500000122222111
00000000000218122-42200000000000
0000100000-16-416-307-125-13-113-139-138-149-93-103-149
0000-1-2-22-298-680-614-146-380-90-10-29-5810885108354-523-162-31
000032454821131381492001581581510153160127136154138150139151
0000000000000000000000000
00029347092160144142133199212234240296316353350345296371370330
-100-72-16-653-834-517-369-396-159-185-193000-55000-100-1-1
-1,0001,0001,000-72,000-15,000-692,000-787,000-554,000-534,000-283,000-161,000-267,000-294,000-122,000-368,000-100,000-508,000-90,000-80,000-135,000-448,000-157,000-413,000-121,0001,000
01100-3846-37-164113-1-82-100-122-367-100-452-90-80-134-447-157-412-1193
0000000000000000000000000
0-1-122-6404490268299270119-236674402-34189-1190-120147898-36843-2
0004921294374432044729220670022500000000
0-1-170566579959217614122115107-93217-219213-224-132-348128600-690-276-332
000-1-8-33-65-108-123-133-144-26-28-28-33-32-39-43-48-48170-38-55-52-62
00000000000-127-136-146-151-153-161-169-174-179-189-259-267-267-267
00000782130-19723-1812-483-8011139-13325739-732-260
-0.6-0.10-70-6.4-619.3-763.9-425-208.8-252.8-17.1-51.75.9211.7234240.6240.3316352.7349.5344.3296371.28369.17328.95
0000000000000000000000000

SmartCentres Real Estate Investment Trust stock margins

The SmartCentres Real Estate Investment Trust margin analysis displays the gross margin, EBIT margin, as well as the profit margin of SmartCentres Real Estate Investment Trust. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for SmartCentres Real Estate Investment Trust.

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Gross margin
EBIT margin
Profit margin
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Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the SmartCentres Real Estate Investment Trust's sales revenue. A higher gross margin percentage indicates that the SmartCentres Real Estate Investment Trust retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the SmartCentres Real Estate Investment Trust's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the SmartCentres Real Estate Investment Trust's total revenue generated. When comparing the revenue margin year over year, investors can gauge the SmartCentres Real Estate Investment Trust's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the SmartCentres Real Estate Investment Trust. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the SmartCentres Real Estate Investment Trust's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

SmartCentres Real Estate Investment Trust Margin History

SmartCentres Real Estate Investment Trust Gross marginSmartCentres Real Estate Investment Trust Profit marginSmartCentres Real Estate Investment Trust EBIT marginSmartCentres Real Estate Investment Trust Profit margin
2026e61.54 %0 %29.06 %
2025e61.54 %0 %30.11 %
2024e61.54 %0 %24.91 %
202361.54 %55.02 %49.57 %
202262.47 %56.17 %64.14 %
202162.22 %57.33 %106.05 %
202058.97 %53.13 %9.64 %
201962.61 %57.12 %38.94 %
201862.92 %59.48 %42.33 %
201763.29 %59.82 %39.72 %
201665.48 %60.22 %44.42 %
201565.34 %60.92 %40.26 %
201464.96 %60.6 %37.27 %
201365.34 %62.62 %47.76 %
201265.68 %63.46 %164.54 %
201166.2 %63.82 %34.56 %
201066.72 %52.78 %111.5 %
200966.92 %36.11 %5.05 %
200867.73 %38.66 %20.52 %
200768.75 %36.21 %8.04 %
200669.04 %36.44 %6.95 %
200569.47 %35.31 %13.33 %
200469.13 %40.49 %15.73 %

SmartCentres Real Estate Investment Trust Stock Sales Revenue, EBIT, Earnings per Share

The SmartCentres Real Estate Investment Trust earnings per share therefore indicates how much revenue SmartCentres Real Estate Investment Trust has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue SmartCentres Real Estate Investment Trust earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates SmartCentres Real Estate Investment Trust's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of SmartCentres Real Estate Investment Trust’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating SmartCentres Real Estate Investment Trust's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

SmartCentres Real Estate Investment Trust Revenue, EBIT and net profit per share

DateSmartCentres Real Estate Investment Trust Sales per ShareSmartCentres Real Estate Investment Trust EBIT per shareSmartCentres Real Estate Investment Trust Earnings per Share
2026e6.57 undefined0 undefined1.91 undefined
2025e6.37 undefined0 undefined1.92 undefined
2024e6.28 undefined0 undefined1.57 undefined
20234.64 undefined2.55 undefined2.3 undefined
20224.48 undefined2.52 undefined2.87 undefined
20214.49 undefined2.58 undefined4.77 undefined
20204.52 undefined2.4 undefined0.44 undefined
20194.69 undefined2.68 undefined1.83 undefined
20184.87 undefined2.9 undefined2.06 undefined
20174.67 undefined2.79 undefined1.85 undefined
20164.66 undefined2.81 undefined2.07 undefined
20154.33 undefined2.64 undefined1.74 undefined
20144.39 undefined2.66 undefined1.64 undefined
20134.2 undefined2.63 undefined2.01 undefined
20124.3 undefined2.73 undefined7.07 undefined
20114.29 undefined2.74 undefined1.48 undefined
20104.5 undefined2.37 undefined5.02 undefined
20094.75 undefined1.72 undefined0.24 undefined
20084.65 undefined1.8 undefined0.95 undefined
20074.15 undefined1.5 undefined0.33 undefined
20063.81 undefined1.39 undefined0.26 undefined
20054.06 undefined1.43 undefined0.54 undefined
20043.22 undefined1.3 undefined0.51 undefined

SmartCentres Real Estate Investment Trust business model

SmartCentres REIT is a Canadian company specializing in real estate development and management. It was founded in 1998 and is now one of the largest real estate investors in Canada. The company's business model is based on developing properties in various sectors, including retail, office, and residential properties. It has collaborated with Walmart to develop "SmartCentres" shopping centers, which often feature large Walmart stores. In addition to these shopping centers, SmartCentres REIT has developed numerous other shopping centers across Canada. The company also owns several office buildings, focusing on renting to technology companies. It has expanded into residential properties and operates several apartment buildings in various Canadian cities. SmartCentres REIT distinguishes itself by partnering with well-known companies to attract strong brands as tenants, enhancing the desirability of its properties. It has integrated innovative concepts into its real estate development, such as outlet shopping centers offering products from popular brands at discounted prices. The company has a history of continuous expansion through strategic acquisitions and innovative developments. One important milestone was its joint venture with Walmart in 2004, which led to the development of SmartCentres shopping centers. In recent years, SmartCentres REIT has also invested in sustainability, building solar installations and collaborating with authorities and nonprofit organizations to make its properties more sustainable and environmentally friendly. In summary, SmartCentres REIT is a leading company in the Canadian real estate industry, offering a wide range of property products and successfully venturing into new areas like sustainability while collaborating with well-known companies to create attractive real estate offerings. SmartCentres Real Estate Investment Trust is one of the most popular companies on Eulerpool.com.

SmartCentres Real Estate Investment Trust SWOT Analysis

Strengths

SmartCentres Real Estate Investment Trust (REIT) has several key strengths that contribute to its success:

SmartCentres REIT holds a diversified portfolio of high-quality retail, office, and mixed-use properties across Canada. This diversity reduces risk and provides stable cash flows.

The REIT benefits from long-term lease agreements with reputable tenants, ensuring consistent rental income. These agreements serve as a valuable asset and contribute to financial stability.

SmartCentres REIT has established strategic partnerships with major retailers, such as Walmart, to develop and operate integrated retail centers. These partnerships enhance the REIT's competitive edge and attract high-profile tenants.

Weaknesses

Despite its strengths, SmartCentres REIT faces certain weaknesses:

The REIT has a significant exposure to the retail sector, making it vulnerable to changes in consumer behavior and economic downturns. This concentration increases risk and limits diversification opportunities.

A substantial portion of SmartCentres REIT's portfolio comprises properties in specific geographic regions, leading to concentration risk. Any adverse events or market conditions affecting these regions can negatively impact the REIT's financial performance.

The REIT relies heavily on a few major tenants, especially Walmart, which accounts for a significant portion of its rental income. The loss of such tenants or their inability to meet lease obligations could have a detrimental effect on the REIT's financial stability.

Opportunities

SmartCentres REIT can leverage various opportunities to improve its position:

The REIT can capitalize on the growing demand for mixed-use properties by expanding and developing new projects in strategic locations. This presents an opportunity for revenue growth and increased market presence.

SmartCentres REIT can adapt to the rising popularity of e-commerce by repurposing existing properties to accommodate last-mile distribution centers or supporting e-commerce retailers. This can help mitigate the negative effects of online shopping on traditional retail spaces.

The REIT can explore sustainable development initiatives, such as incorporating green building practices and renewable energy sources into its properties. This can attract environmentally conscious tenants and investors while reducing long-term operating costs.

Threats

SmartCentres REIT faces certain threats that may impact its performance:

The REIT is exposed to economic downturns and fluctuations in interest rates, which can affect tenant businesses and their ability to meet lease obligations. Economic uncertainties can also impact consumer spending, leading to vacant spaces and reduced rental income.

Changes in government regulations, zoning laws, or environmental policies can impact the REIT's development plans, increase compliance costs, or restrict certain operations. Keeping up with regulatory requirements is critical to avoid legal and financial challenges.

The real estate industry is highly competitive, and SmartCentres REIT faces competition from other REITs, property developers, and retail space providers. Aggressive pricing strategies or the entrance of new market players can impact occupancy rates and rental rates.

SmartCentres Real Estate Investment Trust Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

SmartCentres Real Estate Investment Trust historical P/E ratio, EBIT, and P/S ratio.

SmartCentres Real Estate Investment Trust shares outstanding

The number of shares was SmartCentres Real Estate Investment Trust in 2023 — This indicates how many shares 180.024 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details

Revenue, EBIT and Earnings per share

ⓘ

Revenue Per Share

Revenue per share represents the total revenue SmartCentres Real Estate Investment Trust earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates SmartCentres Real Estate Investment Trust's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of SmartCentres Real Estate Investment Trust’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating SmartCentres Real Estate Investment Trust's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

SmartCentres Real Estate Investment Trust Stock splits

In SmartCentres Real Estate Investment Trust's history, there have been no stock splits.

SmartCentres Real Estate Investment Trust dividend history and estimates

In 2023, SmartCentres Real Estate Investment Trust paid a dividend amounting to 1.85 CAD. Dividend means that SmartCentres Real Estate Investment Trust distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for SmartCentres Real Estate Investment Trust provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify SmartCentres Real Estate Investment Trust’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating SmartCentres Real Estate Investment Trust's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

SmartCentres Real Estate Investment Trust Dividend History

DateSmartCentres Real Estate Investment Trust Dividend
2026e1.8 undefined
2025e1.83 undefined
2024e1.86 undefined
20231.85 undefined
20221.85 undefined
20211.85 undefined
20201.85 undefined
20191.81 undefined
20181.76 undefined
20171.71 undefined
20161.66 undefined
20151.61 undefined
20141.56 undefined
20131.55 undefined
20121.55 undefined
20111.55 undefined
20101.55 undefined
20091.55 undefined
20081.55 undefined
20071.52 undefined
20061.47 undefined
20051.37 undefined
20041.22 undefined

SmartCentres Real Estate Investment Trust dividend payout ratio

In 2023, SmartCentres Real Estate Investment Trust had a payout ratio of 174.56%. The payout ratio indicates the percentage of the company's profits that SmartCentres Real Estate Investment Trust distributes as dividends.

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Payout ratio
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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for SmartCentres Real Estate Investment Trust represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for SmartCentres Real Estate Investment Trust could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate SmartCentres Real Estate Investment Trust's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

SmartCentres Real Estate Investment Trust Payout Ratio History

DateSmartCentres Real Estate Investment Trust Payout ratio
2026e125.9 %
2025e110.52 %
2024e92.6 %
2023174.56 %
202264.41 %
202138.82 %
2020420.46 %
201999.04 %
201885.56 %
201792.57 %
201680.31 %
201592.71 %
201495.2 %
201377.01 %
201221.86 %
2011104.59 %
201030.84 %
2009645 %
2008162.95 %
2007460.61 %
2006564.09 %
2005254.16 %
2004243.54 %
Unfortunately, there are currently no price targets and forecasts available for SmartCentres Real Estate Investment Trust.

SmartCentres Real Estate Investment Trust latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
6/30/20240 0.51  (0 %)2024 Q2
3/31/20240 0.54  (0 %)2024 Q1
12/31/20230 0.58  (0 %)2023 Q4
9/30/20230 0.57  (0 %)2023 Q3
6/30/20230 0.55  (0 %)2023 Q2
9/30/20130.48 0.46  (-4.33 %)2013 Q3
12/31/20110.39 -0.08  (-120.31 %)2011 Q4
9/30/20110.41 0.87  (112.14 %)2011 Q3
6/30/20110.42 0.63  (50.68 %)2011 Q2
3/31/20110.13 0.31  (143.52 %)2011 Q1
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Eulerpool ESG Scorecard© for the SmartCentres Real Estate Investment Trust stock

Eulerpool World ESG Rating (EESG©)

51/ 100

🌱 Environment

36

👫 Social

74

🏛️ Governance

42

Environment

Scope 1 - Direct Emissions
1,627
Scope 2 - Indirect emissions from purchased energy
1,879
Scope 3 - Indirect emissions within the value chain
—
Total CO₂ emissions
3,506
CO₂ reduction strategy
✅
Coal energy
❌
Nuclear power
❌
Animal experiments
❌
Fur & Leather
—
Pesticides
—
Palm Oil
—
Tobacco
❌
Genetically modified organisms
❌
Climate concept
—
Sustainable forestry
—
Recycling regulations
❌
Environmentally friendly packaging
❌
Hazardous substances
❌
Fuel consumption and efficiency
❌
Water consumption and efficiency
✅

Social

Percentage of female employees52.09
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content❌
Alcohol❌
Weapons—
Firearms
❌
Gambling❌
Military contracts❌
Human rights concept✅
Privacy concept—
Occupational health and safety✅
Catholic✅

Governance (Corporate Governance)

Environmental reporting❌
Stakeholder Engagement❌
Call Back Policies❌
Antitrust law❌

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

SmartCentres Real Estate Investment Trust list of shareholders

%
Name
Stocks
Change
Date
3.25619 % The Vanguard Group, Inc.4,711,380-11,0733/31/2024
3.20554 % BlackRock Institutional Trust Company, N.A.4,638,101362,8963/31/2024
2.70659 % BMO Asset Management Inc.3,916,1591,3223/31/2024
10.80196 % Goldhar (Mitchell)15,629,363395,5004/5/2024
1.68869 % 1832 Asset Management L.P.2,443,363012/31/2023
0.97377 % TD Asset Management Inc.1,408,9411,0363/31/2024
0.96738 % Norges Bank Investment Management (NBIM)1,399,709138,33612/31/2023
0.61752 % BlackRock Investment Management (UK) Ltd.893,494012/31/2023
0.57877 % Dimensional Fund Advisors, L.P.837,42831,5052/29/2024
0.46987 % PGGM Vermogensbeheer B.V.679,857149,4177/31/2023
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3
4
5
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10

SmartCentres Real Estate Investment Trust Executives and Management Board

Mr. Peter Slan
SmartCentres Real Estate Investment Trust Chief Financial Officer
Compensation 1.49 M
Mr. Mitchell Goldhar61
SmartCentres Real Estate Investment Trust Executive Chairman of the Board of Trustees, Chief Executive Officer (since 2005)
Compensation 1.38 M
Mr. Rudy Gobin60
SmartCentres Real Estate Investment Trust Executive Vice President - Portfolio Management and Investments
Compensation 1.22 M
Mr. Michael Young78
SmartCentres Real Estate Investment Trust Lead Independent Trustee (since 2003)
Compensation 282,000
Mr. Garry Foster71
SmartCentres Real Estate Investment Trust Independent Trustee
Compensation 207,000
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Most common questions regarding SmartCentres Real Estate Investment Trust

What values and corporate philosophy does SmartCentres Real Estate Investment Trust represent?

SmartCentres Real Estate Investment Trust represents a strong set of values and a robust corporate philosophy. The company focuses on delivering long-term value to its stakeholders through strategic investments in retail real estate. SmartCentres prioritizes integrity, transparency, and accountability in all its operations, aligning with its core values. The trust is committed to providing exceptional tenant service, fostering strong relationships with its partners, and continually seeking innovative solutions to enhance the shopping experience for customers. By employing a tenant-focused approach and embracing sustainability practices, SmartCentres Real Estate Investment Trust aims to be a trusted leader in the industry, driving growth and creating value for its shareholders.

In which countries and regions is SmartCentres Real Estate Investment Trust primarily present?

SmartCentres Real Estate Investment Trust is primarily present in Canada. This renowned real estate trust operates in various provinces including Ontario, Quebec, Alberta, British Columbia, and Manitoba. With a diverse portfolio, SmartCentres focuses on developing, owning, and managing retail and mixed-use properties across these regions. As one of the largest real estate investment trusts in Canada, SmartCentres continues to expand its footprint in key markets, providing superior retail experiences and strengthening its position in the Canadian real estate industry.

What significant milestones has the company SmartCentres Real Estate Investment Trust achieved?

SmartCentres Real Estate Investment Trust has achieved several significant milestones throughout its history. As a leading Canadian REIT, SmartCentres has played a crucial role in shaping the retail landscape in Canada. One notable milestone is its successful partnership with Walmart, which led to the development of numerous SmartCentres' Walmart Supercentres across the country. Moreover, SmartCentres has demonstrated consistent growth and expansion by diversifying its portfolio and establishing strategic partnerships with renowned companies. These milestones reflect SmartCentres Real Estate Investment Trust's commitment to delivering value to its stakeholders while solidifying its position as a dominant player in the Canadian retail and real estate market.

What is the history and background of the company SmartCentres Real Estate Investment Trust?

SmartCentres Real Estate Investment Trust is a Canadian REIT specializing in retail real estate development and operations. It was established in 1994 as Calloway Real Estate Investment Trust and changed its name to SmartCentres in 2015. With a history spanning over 25 years, SmartCentres has become one of Canada's largest real estate investment trusts. The company focuses on the development and operation of open-air shopping centers, mixed-use properties, and other retail destinations across the country. SmartCentres has a strong reputation for its strategic partnership with Walmart Canada, which has contributed to its success in the retail real estate sector. Over the years, SmartCentres has demonstrated its commitment to providing innovative and sustainable real estate solutions that meet the evolving needs of Canadian consumers and communities.

Who are the main competitors of SmartCentres Real Estate Investment Trust in the market?

The main competitors of SmartCentres Real Estate Investment Trust in the market are Crombie REIT and RioCan Real Estate Investment Trust.

In which industries is SmartCentres Real Estate Investment Trust primarily active?

SmartCentres Real Estate Investment Trust is primarily active in the real estate industry.

What is the business model of SmartCentres Real Estate Investment Trust?

The business model of SmartCentres Real Estate Investment Trust is focused on being one of Canada's largest real estate investment trusts with a strong emphasis on retail properties. The company primarily owns and operates a diverse portfolio of shopping centers and mixed-use developments across the country. SmartCentres REIT aims to provide a well-balanced and high-quality retail experience for consumers, offering a wide range of amenities, services, and retail options. By strategically locating their properties in densely populated areas, the company aims to capture the ongoing demand for retail space and generate stable income from a variety of tenants.

What is the P/E ratio of SmartCentres Real Estate Investment Trust 2024?

The SmartCentres Real Estate Investment Trust P/E ratio is 20.62.

What is the P/S ratio of SmartCentres Real Estate Investment Trust 2024?

The SmartCentres Real Estate Investment Trust P/S ratio is 5.14.

What is the AlleAktien quality score of SmartCentres Real Estate Investment Trust?

The AlleAktien quality score for SmartCentres Real Estate Investment Trust is 3/10.

What is the revenue of SmartCentres Real Estate Investment Trust 2024?

The expected SmartCentres Real Estate Investment Trust revenue is 909.29 M CAD.

How high is the profit of SmartCentres Real Estate Investment Trust 2024?

The expected SmartCentres Real Estate Investment Trust profit is 226.51 M CAD.

What is the business model of SmartCentres Real Estate Investment Trust

SmartCentres Real Estate Investment Trust is a Canadian real estate company that operates in the development, leasing, and management of shopping centers, office buildings, and residential properties. It was founded in 1994 and is headquartered in Vaughan, Ontario. The core business of SmartCentres is the development and leasing of shopping centers, operated under the name "SmartCentres." The company owns over 150 such shopping centers across the country, totaling more than 34 million square feet (about 3.2 million square meters). The company also operates smartliving, a subsidiary specializing in the development of residential properties. Under this brand, SmartCentres also operates numerous apartment buildings, student dormitories, and senior living facilities. SmartCentres also operates SmartSpace, a brand for office buildings and commercial spaces. This includes office buildings, factories, logistics centers, and other commercial properties. The company is innovative and aims to promote direct sales. It has partnered with Walmart Canada, which has a Walmart store in every SmartCenter Mall (specifically for SmartCentre Stores). Other retail companies, such as Canadian Tire, LCBO, Home Depot, Metro, and Loblaw's, also differentiate themselves by being present in SmartCentres Malls. SmartCentres is committed to constructing high-quality, environmentally-friendly buildings and facilities. For example, solar panels have been installed on the roofs of several shopping centers, and a significant number of electric vehicle charging stations are available. SmartCentres also actively works to reduce waste and other debris on its properties. SmartCentres is constantly looking for new business opportunities to promote the growth of the company. It leverages its extensive expertise and experience in the real estate sector to form partnerships with retailers and other companies. International partnerships with Kazakhstan and Brazil have also been established. Overall, SmartCentres' business model is focused on creating high-quality, environmentally-friendly, and meaningful real estate and facilities that meet the needs of tenants and customers. There are several segments (smartliving, SmartSpace) in which SmartCentres operates to address varying real estate potential and fulfill customer requirements. The implementation of technology and collaboration in partnerships are used as long-term strategies for the development of the company. SmartCentres is a reliable and emerging business partner for its customers and a stable investment opportunity for investors on the Toronto Stock Exchange.

What is the SmartCentres Real Estate Investment Trust dividend?

SmartCentres Real Estate Investment Trust pays a dividend of 1.85 CAD distributed over 12 payouts per year.

How often does SmartCentres Real Estate Investment Trust pay dividends?

SmartCentres Real Estate Investment Trust pays out a dividend 12 times a year.

What is the SmartCentres Real Estate Investment Trust ISIN?

The ISIN of SmartCentres Real Estate Investment Trust is CA83179X1087.

What is the SmartCentres Real Estate Investment Trust WKN?

The WKN of SmartCentres Real Estate Investment Trust is A14WES.

What is the SmartCentres Real Estate Investment Trust ticker?

The ticker of SmartCentres Real Estate Investment Trust is SRU.UN.TO.

How much dividend does SmartCentres Real Estate Investment Trust pay?

Over the past 12 months, SmartCentres Real Estate Investment Trust paid a dividend of 1.85 CAD . This corresponds to a dividend yield of about 7.13 %. For the coming 12 months, SmartCentres Real Estate Investment Trust is expected to pay a dividend of 1.83 CAD.

What is the dividend yield of SmartCentres Real Estate Investment Trust?

The current dividend yield of SmartCentres Real Estate Investment Trust is 7.13 %.

When does SmartCentres Real Estate Investment Trust pay dividends?

SmartCentres Real Estate Investment Trust pays a quarterly dividend. This is distributed in the months of June, July, August, September.

How secure is the dividend of SmartCentres Real Estate Investment Trust?

SmartCentres Real Estate Investment Trust paid dividends every year for the past 23 years.

What is the dividend of SmartCentres Real Estate Investment Trust?

For the upcoming 12 months, dividends amounting to 1.83 CAD are expected. This corresponds to a dividend yield of 7.06 %.

In which sector is SmartCentres Real Estate Investment Trust located?

SmartCentres Real Estate Investment Trust is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von SmartCentres Real Estate Investment Trust kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of SmartCentres Real Estate Investment Trust from 9/16/2024 amounting to 0.154 CAD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did SmartCentres Real Estate Investment Trust pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of SmartCentres Real Estate Investment Trust in the year 2023?

In the year 2023, SmartCentres Real Estate Investment Trust distributed 1.85 CAD as dividends.

In which currency does SmartCentres Real Estate Investment Trust pay out the dividend?

The dividends of SmartCentres Real Estate Investment Trust are distributed in CAD.

All fundamentals about SmartCentres Real Estate Investment Trust

Our stock analysis for SmartCentres Real Estate Investment Trust Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of SmartCentres Real Estate Investment Trust Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.