SmartCentres Real Estate Investment Trust

Real Estate CA SRU.UN

25.17CAD
-0.08(0.32%)

Last update at 2025-04-24T20:00:00Z

Day Range

25.0925.33
LowHigh

52 Week Range

20.4026.77
LowHigh

Fundamentals

  • Previous Close 25.25
  • Market Cap4185.75M
  • Volume216231
  • P/E Ratio8.62
  • Dividend Yield7.53%
  • EBITDA601.19M
  • Revenue TTM935.71M
  • Revenue Per Share TTM6.47
  • Gross Profit TTM 524.84M
  • Diluted EPS TTM2.85

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

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
Income before tax 635.97M 987.68M 89.94M 374.20M 402.95M
Minority interest -119.91600M -159.70000M 849.62M 875.07M 860.15M
Net income 811.11M 1282.51M -183.97000M 314.05M 334.53M
Selling general administrative 50.49M 46.02M 41.30M 34.11M 37.81M
Selling and marketing expenses - - - - -
Gross profit 521.16M 501.24M 474.66M 519.89M 511.93M
Reconciled depreciation 10.31M 12.46M 14.47M 8.02M 8.47M
Ebit 488.42M 674.38M 505.97M 500.94M 492.65M
Ebitda 498.73M 686.84M 520.44M 508.96M 501.12M
Depreciation and amortization 10.31M 12.46M 14.47M 8.02M 8.47M
Non operating income net other - - - - -
Operating income 488.42M 674.38M 505.97M 500.94M 492.65M
Other operating expenses 335.26M 326.88M 349.22M 321.97M 317.39M
Interest expense 147.52M 141.24M 156.77M 155.23M 140.16M
Tax provision - - - - -
Interest income 18.50M 12.87M 15.24M 11.67M 10.38M
Net interest income -132.62600M -132.19900M -144.80300M -145.37000M -130.84200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -175.14100M -294.83700M 273.91M 31.67M 17.95M
Total revenue 804.60M 780.76M 781.25M 806.41M 790.18M
Total operating expenses 51.83M 47.36M 42.63M 35.44M 39.14M
Cost of revenue 283.44M 279.52M 306.59M 286.52M 278.25M
Total other income expense net 147.54M 313.30M -416.02900M -126.73800M -89.70100M
Discontinued operations - - - - -
Net income from continuing ops 635.97M 987.68M 89.94M 374.20M 402.95M
Net income applicable to common shares 516.05M 827.98M 75.29M 314.05M 334.53M
Preferred stock and other adjustments - - - - -
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 11702.15M 11293.25M 10724.49M 9928.47M 9459.63M
Intangible assets 29.83M 31.16M 32.49M 33.82M 35.15M
Earning assets - - - - -
Other current assets 56.80M 12.29M 8.44M 5.04M 2.79M
Total liab 5539.05M 5451.93M 5557.52M 4560.72M 4451.30M
Total stockholder equity 5126.20M 4877.96M 4317.36M 4492.68M 4148.18M
Deferred long term liab - - - - -
Other current liab 54.48M 55.73M 155.28M 123.16M 57.24M
Common stock 3090.12M 3090.37M 3090.19M 3072.82M 2781.07M
Capital stock 3090.12M 3090.37M 3090.19M 3072.82M 2781.07M
Retained earnings 2036.08M 1787.59M 1227.17M 1419.86M 1367.11M
Other liab 284.18M 324.74M 82.88M 108.65M 124.20M
Good will 13.98M 13.98M 13.98M 13.98M 13.98M
Other assets 575.32M 590.23M 470.32M 359.26M 242.63M
Cash 35.26M 62.23M 794.59M 55.37M 29.44M
Cash and equivalents - - - - -
Total current liabilities 720.40M 931.48M 1096.76M 332.99M 797.15M
Current deferred revenue 120.05M 118.83M 87.52M 69.84M 65.55M
Net debt 4948.01M 4792.29M 4415.53M 4170.56M 4081.04M
Short term debt 459.28M 678.41M 854.26M 115.39M 580.53M
Short long term debt 459.28M 678.41M 854.26M 115.39M 580.53M
Short long term debt total 4983.27M 4854.53M 5210.12M 4225.93M 4110.48M
Other stockholder equity - - - - -
Property plant equipment 10212.48M 9851.98M 8857.02M 9052.69M 8906.79M
Total current assets 276.14M 223.41M 1012.73M 179.29M 140.01M
Long term investments 681.00M 654.44M 463.20M 345.38M 146.31M
Net tangible assets 5082.39M 4832.82M 4270.89M 4444.88M 4099.05M
Short term investments - - - - -
Net receivables 143.72M 121.49M 183.90M 87.59M 77.76M
Long term debt 4523.99M 4176.12M 4355.86M 4110.55M 3529.95M
Inventory 40.37M 27.40M 25.80M 24.56M 23.43M
Accounts payable 86.59M 78.52M 77.34M 86.19M 93.83M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - 3090.19M 3072.82M 2781.07M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 10696.80M 10365.36M 9195.46M 9353.37M 9122.45M
Deferred long term asset charges - - - - -
Non current assets total 11426.01M 11069.84M 9711.76M 9749.17M 9319.62M
Capital lease obligations - - - - -
Long term debt total - - - - -
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
Investments -121.39300M -25.87100M -157.38500M -448.52300M -135.05900M
Change to liabilities 9.30M 32.49M 8.84M -3.35500M 16.54M
Total cashflows from investing activities -121.39300M -413.17400M -157.38500M -448.52300M -135.05900M
Net borrowings 43.22M -368.22700M 898.50M 147.59M -120.29900M
Total cash from financing activities -276.34900M -690.80900M 600.62M 128.84M -349.45100M
Change to operating activities -9.73100M -2.35000M -3.10400M -1.95600M -5.32600M
Net income 635.97M 987.68M 89.94M 374.20M 402.95M
Change in cash -26.98000M -732.35900M 739.22M 25.93M -133.25600M
Begin period cash flow 62.23M 794.59M 55.37M 29.44M 162.70M
End period cash flow 35.26M 62.23M 794.59M 55.37M 29.44M
Total cash from operating activities 370.76M 371.62M 295.98M 345.61M 351.25M
Issuance of capital stock - - 0.00000M 220.37M -
Depreciation 10.31M 12.46M 14.47M 8.02M 8.47M
Other cashflows from investing activities 50.28M -50.27900M -50.27900M -50.27900M -50.27900M
Dividends paid 267.56M 267.55M 259.91M 189.58M 179.71M
Change to inventory - - - -3.50600M -
Change to account receivables -7.58200M 9.10M -21.96500M 20.94M -18.15500M
Sale purchase of stock - - - 1331.92M -0.25000M
Other cashflows from financing activities 1039.99M 313.50M 1734.56M 1282.39M 540.94M
Change to netincome -94.44800M -502.05800M 227.28M 6.42M 10.21M
Capital expenditures 1.59M 0.35M 0.35M 1.28M 0.84M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -8.01700M 39.24M -16.23000M 13.32M -6.93700M
Stock based compensation 0.20M 2.97M 1.43M -4.73700M 2.48M
Other non cash items -267.70000M -670.72700M 206.37M -45.19300M -55.70400M
Free cash flow 369.17M 371.27M 295.98M 344.33M 350.41M

Peer Comparison

Sector: Real Estate Industry: REIT - Retail

Company 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)
SRU-UN
SmartCentres Real Estate Investment Trust
-0.08 0.32% 25.17 8.62 12.05 4.47 0.79 11.07 12.00

Reports Covered

Stock Research & News

Profile

SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.

SmartCentres Real Estate Investment Trust

3200 Highway 7, Vaughan, ON, Canada, L4K 5Z5

Key Executives

Name Title Year Born
Mr. Mitchell Goldhar Exec. Chairman & CEO 1962
Mr. Rudy Gobin Exec. VP of Portfolio Management & Investments 1962
Mr. Mauro Pambianchi Chief Devel. Officer 1952
Mr. Peter L. Slan CA Chief Financial Officer NA
Ms. Shea Nerland Calnan Legal Counsel NA
Mr. Fernando Vescio Sr. VP of HR & Corp. Services NA
Ms. Erin Shirley Director of Asset Management NA
Ms. Paula Bustard Exec. VP of Devel. 1979
Mr. Allan Scully Exec. VP of Devel. 1967
Ms. Julia Mok Director of Operations Accounting 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.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.