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PROREIT (TSX:PRV.UN) is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. Founded in 2013, PROREIT owns a portfolio of high-quality commercial real estate properties in Canada, with a strong industrial focus in robust secondary markets.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Public information on Pro Real Estate Investment Trust (PRV-UN.TO) is limited in my training data; it is a Canadian REIT that appears to own and operate income-producing properties. Long-term growth drivers may include rental-rate growth, portfolio acquisitions and property-level improvements that could support cash flow and distribution sustainability. This profile may appeal to investors seeking recurring rental income and potential property appreciation.
The principal investment risks are sensitivity to interest rates and property-market cyclicality, including occupancy and valuation volatility and leverage or funding pressures.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Income before tax | 32.51M | 84.49M | 81.84M | 21.07M | 14.97M |
| Net income | 32.51M | 136.75M | 143.17M | 16.41M | 14.97M |
| Selling general administrative | 8.97M | 5.85M | 7.41M | 3.91M | 5.36M |
| Gross profit | 57.62M | 57.74M | 46.28M | 40.53M | 35.48M |
| Reconciled depreciation | 0.79M | 0.79M | 0.73M | 0.67M | 0.57M |
| Ebit | - | 51.20M | 35.82M | 39.77M | 23.22M |
| Ebitda | - | 51.99M | 36.55M | 40.45M | 23.79M |
| Depreciation and amortization | - | 0.79M | 0.73M | 0.67M | 0.57M |
| Operating income | 47.86M | 51.20M | 35.82M | 39.77M | 23.22M |
| Other operating expenses | - | 46.11M | 39.53M | 33.87M | 28.08M |
| Interest expense | 20.76M | 18.97M | 15.29M | 14.04M | 12.46M |
| Net interest income | -21.77M | -20.54M | -16.89M | -15.38M | -13.49M |
| Income tax expense | - | -52.26M | -61.32M | 4.67M | -4.22M |
| Total revenue | 99.34M | 97.21M | 77.67M | 69.81M | 57.63M |
| Total operating expenses | 51.48M | 6.64M | 8.14M | 4.58M | 5.93M |
| Cost of revenue | 41.72M | 39.47M | 31.39M | 29.28M | 22.15M |
| Total other income expense net | 6.42M | 33.29M | 46.03M | -18.70M | -8.24M |
| Net income from continuing ops | 32.51M | 84.49M | 81.84M | 21.07M | 14.97M |
| Net income applicable to common shares | - | - | 81.84M | 21.07M | 14.97M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 1035.93M | 989.96M | 634.48M | 634.74M | 509.66M |
| Intangible assets | 1.26M | 1.63M | 2.00M | 2.37M | 2.75M |
| Other current assets | 2.39M | 2.10M | 1.21M | 1.51M | 1.19M |
| Total liab | 548.24M | 560.27M | 391.28M | 399.13M | 325.38M |
| Total stockholder equity | 487.69M | 429.69M | 243.20M | 235.61M | 184.28M |
| Other current liab | 6.88M | 7.10M | 4.28M | 6.19M | 5.25M |
| Common stock | 363.11M | 363.04M | 236.88M | 231.50M | 174.79M |
| Capital stock | 363.11M | 363.04M | 236.88M | 231.50M | 174.79M |
| Retained earnings | 124.58M | 66.66M | 6.32M | 4.12M | 9.49M |
| Other liab | - | 10.16M | 7.10M | 6.51M | 3.47M |
| Good will | 2.36M | 2.36M | 2.36M | 2.36M | 2.36M |
| Cash | 7.53M | 5.94M | 6.26M | 5.30M | 4.12M |
| Total current liabilities | 118.39M | 53.83M | 51.33M | 51.04M | 66.20M |
| Current deferred revenue | 6.58M | 5.87M | 3.70M | 3.33M | 2.65M |
| Net debt | 506.79M | 516.84M | 358.48M | 356.85M | 292.17M |
| Short term debt | 101.68M | 36.09M | 41.05M | 39.57M | 56.76M |
| Short long term debt | 101.68M | 36.09M | 41.05M | 39.57M | 56.76M |
| Short long term debt total | 514.33M | 522.78M | 364.73M | 362.16M | 296.29M |
| Property plant equipment | 1019.08M | 975.79M | 619.71M | 618.31M | 494.80M |
| Total current assets | 13.23M | 10.18M | 10.41M | 11.70M | 9.76M |
| Net tangible assets | - | 425.71M | 238.84M | 230.88M | 179.18M |
| Net receivables | 3.31M | 2.14M | 2.95M | 4.88M | 4.45M |
| Long term debt | 412.65M | 486.70M | 323.69M | 322.59M | 239.53M |
| Accounts payable | 3.25M | 4.76M | 2.30M | 1.95M | 1.54M |
| Non currrent assets other | 1017.97M | 974.70M | 618.53M | 617.17M | 494.50M |
| Non current assets total | 1022.70M | 979.78M | 624.07M | 623.04M | 499.90M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Investments | 1.93M | 11.93M | -281.61M | -5.64M | -115.70M |
| Change to liabilities | - | -4.26M | 3.24M | -1.23M | 0.53M |
| Total cashflows from investing activities | - | - | -281.61M | -5.64M | -115.70M |
| Net borrowings | - | - | 150.24M | 2.16M | 66.60M |
| Total cash from financing activities | -27.25M | -38.58M | 252.01M | -16.81M | 99.45M |
| Change to operating activities | - | - | 4.62M | 4.62M | 4.62M |
| Net income | 32.51M | 84.49M | 81.84M | 21.07M | 14.97M |
| Change in cash | 5.25M | 1.59M | -0.32M | 0.96M | 1.19M |
| Begin period cash flow | 6.15M | 5.94M | 6.26M | 5.30M | 4.12M |
| End period cash flow | 11.40M | 7.53M | 5.94M | 6.26M | 5.30M |
| Total cash from operating activities | 30.57M | 28.23M | 29.28M | 23.41M | 17.43M |
| Issuance of capital stock | - | 78.72M | 125.49M | -0.01M | 53.05M |
| Depreciation | 0.79M | 0.79M | 0.73M | 0.67M | 0.57M |
| Dividends paid | 26.59M | 26.57M | 21.50M | 18.00M | 18.16M |
| Change to account receivables | - | -0.93M | 1.38M | 2.24M | 0.90M |
| Sale purchase of stock | - | - | - | -0.04M | -0.28M |
| Other cashflows from financing activities | - | 107.43M | 307.87M | 36.57M | 130.96M |
| Change to netincome | - | - | -59.51M | -0.69M | -0.56M |
| Capital expenditures | 0.61M | 0.44M | 0.27M | 0.33M | 1.04M |
| Change in working capital | 0.93M | -5.20M | 4.62M | 1.01M | 1.43M |
| Stock based compensation | 1.61M | 0.69M | 3.06M | 0.58M | 3.04M |
| Other non cash items | -1.34M | -52.54M | -60.98M | 0.07M | -2.58M |
| Free cash flow | 29.95M | 27.80M | 29.00M | 23.08M | 16.39M |
Sector: Real Estate Industry: REIT - Industrial
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| PRV-UN Pro Real Estate Investment Trust |
0.11 1.62% |
6.89 | 9.93 | 11.56 | 3.33 | 0.65 | 8.36 | 15.36 |
| GRT-UN Granite Real Estate Investment Trust |
1.85 2.18% |
86.73 | - | 14.49 | 9.38 | 0.90 | 15.11 | 524.00 |
| DIR-UN Dream Industrial Real Estate Investment Trust |
0.37 2.92% |
13.05 | 51.77 | 14.81 | 9.15 | 0.82 | 15.47 | 51.53 |
| NXR-UN Nexus Real Estate Investment Trust |
0.19 2.58% |
7.54 | 4.79 | 10.06 | 5.03 | 0.55 | 11.04 | 9.43 |
PROREIT (TSX:PRV.UN) is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. Founded in 2013, PROREIT owns a portfolio of high-quality commercial real estate properties in Canada, with a strong industrial focus in robust secondary markets.
| Name | Title | Year Born |
|---|---|---|
| Mr. James W. Beckerleg C.A., CPA | Pres, CEO & Trustee | 1947 |
| Mr. Gordon G. Lawlor C.A., CPA, CA, CPA | Exec. VP, CFO & Corp. Sec. | 1968 |
| Mr. Mark P. O'Brien | Managing Director of Operations | NA |
| Ms. Alison Schafer CA, CPA | Sr. VP of Fin. | NA |
| Mr. Chris Andrea | Pres of Compass Commercial Realty LP | NA |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
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