Financials Plaza Retail REIT

Equities

PLZ.UN

CA72820F1036

Commercial REITs

Market Closed - Toronto S.E. 03:59:26 2024-04-26 pm EDT 5-day change 1st Jan Change
3.51 CAD -0.28% Intraday chart for Plaza Retail REIT +2.33% -4.62%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 467.1 367.4 480.4 456.1 406.2 387.4 -
Enterprise Value (EV) 1 467.1 367.4 480.4 456.1 406.2 387.4 387.4
P/E ratio - - - - - - -
Yield 6.13% 7.76% 5.93% 6.25% - 7.98% 7.98%
Capitalization / Revenue 4.15 x 3.44 x 4.34 x 4.1 x 3.56 x 3.34 x 3.2 x
EV / Revenue 4.15 x 3.44 x 4.34 x 4.1 x 3.56 x 3.34 x 3.2 x
EV / EBITDA 6.79 x 5.97 x 6.63 x 6.5 x 5.82 x 5.61 x 5.38 x
EV / FCF 23.7 x 47.9 x 62.8 x -22.7 x - - 38.7 x
FCF Yield 4.22% 2.09% 1.59% -4.41% - - 2.58%
Price to Book - - - - - - -
Nbr of stocks (in thousands) 102,204 101,773 101,788 101,800 110,372 110,364 -
Reference price 2 4.570 3.610 4.720 4.480 3.680 3.510 3.510
Announcement Date 2/25/20 2/25/21 2/24/22 2/23/23 2/26/24 - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 112.5 106.9 110.6 111.2 114.1 116 121
EBITDA 1 68.83 61.53 72.48 70.14 69.73 69 72
EBIT - - - - - - -
Operating Margin - - - - - - -
Earnings before Tax (EBT) - - - - - - -
Net income - - - - - - -
Net margin - - - - - - -
EPS - - - - - - -
Free Cash Flow 1 19.73 7.672 7.656 -20.12 - - 10
FCF margin 17.54% 7.18% 6.92% -18.09% - - 8.26%
FCF Conversion (EBITDA) 28.66% 12.47% 10.56% - - - 13.89%
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.2800 0.2800 0.2800 0.2800 - 0.2800 0.2800
Announcement Date 2/25/20 2/25/21 2/24/22 2/23/23 2/26/24 - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 19.7 7.67 7.66 -20.1 - - 10
ROE (net income / shareholders' equity) - - - - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 2/25/20 2/25/21 2/24/22 2/23/23 2/26/24 - -
1CAD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
3.51 CAD
Average target price
4.083 CAD
Spread / Average Target
+16.33%
Consensus

Chiffre d''affaires - Rate of surprise

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