Crombie Real Estate ate (CRR.UN) AI Stock Analysis

• Market Cap: C$2.75B
• Dividend Yield: 5.9%
• Average Volume (3M): 207.94K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.78
• Revenue Growth: 6.32%
• EPS Growth: N/A
• Country: CA
• Employees: 303
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): -0.06
• Shares Outstanding: 109,851,234
• 10 Day Avg. Volume: 142,966
• 30 Day Avg. Volume: 207,938
• PEG Ratio: -0.16
• Price to Book (P/B): 1.30
• Price to Sales (P/S): 5.06
• P/FCF Ratio: 9.13
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$16.30
• Price Target Upside: 7.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: C$16.00 ▲(5.68% Upside)

Crombie Real Estate's strong financial performance and positive earnings call sentiment are major strengths, contributing significantly to the overall score. However, the technical indicators suggest a lack of momentum, and the extremely high P/E ratio raises concerns about overvaluation. The attractive dividend yield provides some balance, but the valuation remains a key risk factor.

Positive Factors

Revenue Growth

Consistent revenue growth indicates robust demand for Crombie's properties and effective leasing strategies, supporting long-term stability.

Record Occupancy

High occupancy rates reflect strong tenant demand and effective property management, ensuring steady cash flow and asset utilization.

Cash Flow Management

Strong cash flow management enhances Crombie's ability to reinvest in growth opportunities and maintain financial flexibility.

Negative Factors

High Leverage

High leverage can limit financial flexibility and increase risk, especially in economic downturns, impacting long-term financial health.

Increased Interest Expense

Rising interest expenses reduce net income and cash available for growth initiatives, potentially affecting profitability.

Residential Vacancy Increase

Increased residential vacancy can lead to reduced rental income and indicates potential challenges in tenant retention.

Crombie Real Estate ate Business Overview & Revenue Model

Company Description

Crombie Real Estate Investment Trust (CRR.UN) is a Canadian real estate investment trust that focuses on owning, managing, and developing a diversified portfolio of retail and commercial properties across Canada. Established to provide investors with a stable income stream, Crombie REIT primarily invests in grocery-anchored shopping centers, urban retail properties, and mixed-use developments. The company aims to enhance its asset value through effective property management and strategic acquisitions.

How the Company Makes Money

Crombie REIT generates revenue primarily through leasing its retail and commercial properties to tenants, which includes grocery stores, restaurants, and other retail outlets. The company earns rental income from long-term leases, typically structured with escalations to ensure revenue growth over time. Additionally, Crombie benefits from property management fees, as well as income from development projects when they are completed and leased. The REIT's strong relationships with tenants and its focus on high-traffic locations contribute to its stable occupancy rates and predictable cash flows. Furthermore, strategic partnerships with developers and local businesses enhance its ability to identify and capitalize on new investment opportunities, thereby contributing to its earnings.

Crombie Real Estate ate Financial Statement Overview

Summary

Crombie Real Estate's financial performance in 2024 is impressive, with strong revenue and profit growth, efficient cash flow management, and a stable balance sheet. The company benefits from robust margins and cash generation, although high leverage remains a concern typical for its industry. Overall, the financial health is strong, positioning the company well for future opportunities.

Income Statement

The company exhibits strong revenue growth with a 7.2% increase from 2023 to 2024. The gross profit margin remains healthy at approximately 64.4% for 2024. Net profit margin improved significantly from 22.2% in 2023 to 33.2% in 2024, indicating enhanced profitability. The EBITDA margin is robust at 69.9%, reflecting efficient operations. However, the absence of EBIT margin data for 2024 suggests some operational challenges.

Balance Sheet

Crombie Real Estate demonstrates a stable financial position with a debt-to-equity ratio of 1.3 in 2024, showing a moderate level of leverage typical for REITs. The equity ratio is 41.9%, indicating a solid equity base. Return on equity improved from 5.4% in 2023 to 8.5% in 2024, showcasing better shareholder returns. The balance sheet stability is strong, but high liabilities relative to assets pose potential risks.

Cash Flow

The company shows excellent cash flow management with a substantial increase in free cash flow from 2023 to 2024, growing by 10.2%. The operating cash flow to net income ratio is 1.7, reflecting strong cash generation capability. Free cash flow to net income ratio is 1.7, indicating efficient capital expenditure management. These metrics highlight significant positive cash flow performance.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	489.43M	476.36M	444.37M	419.59M	408.89M	388.73M
Gross Profit	318.51M	307.02M	290.84M	281.82M	283.03M	258.86M
EBITDA	345.86M	332.85M	264.47M	260.81M	270.68M	238.64M
Net Income	163.14M	158.26M	98.82M	167.80M	155.40M	67.61M
Balance Sheet
Total Assets	4.39B	4.43B	4.15B	4.08B	4.02B	4.11B
Cash, Cash Equivalents and Short-Term Investments	2.67M	10.02M	2.22M	6.12M	3.92M	63.29M
Total Debt	2.39B	2.42B	2.19B	2.08B	2.25B	2.48B
Total Liabilities	2.54B	2.57B	2.32B	2.23B	2.43B	2.63B
Stockholders Equity	1.85B	1.86B	1.82B	1.85B	1.60B	1.48B
Cash Flow
Free Cash Flow	274.22M	264.12M	239.71M	233.29M	224.65M	-75.30M
Operating Cash Flow	274.62M	264.96M	239.91M	233.54M	224.84M	-73.90M
Investing Cash Flow	-105.97M	-100.73M	-143.89M	-47.28M	18.49M	-124.28M
Financing Cash Flow	-165.98M	-154.22M	-102.14M	-185.29M	-302.71M	261.47M

Crombie Real Estate ate Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CRR.UN, the sentiment is Positive. The current price of 15.14 is above the 20-day moving average (MA) of 15.05, above the 50-day MA of 14.98, and above the 200-day MA of 14.25, indicating a bullish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 55.00 is Neutral, neither overbought nor oversold. The STOCH value of 38.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CRR.UN.

Crombie Real Estate ate Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PRV.UN	79 Outperform	C$399.16M	14.17	5.27%	7.44%	-0.28%	206.65%
BTB.UN	75 Outperform	C$332.77M	7.94	8.60%	7.97%	0.92%	92.93%
CRR.UN	67 Neutral	C$2.75B	-714.49	0.14%	5.90%	6.32%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
AX.UN	55 Neutral	$656.03M	―	-3.37%	8.84%	-21.40%	71.00%
HR.UN	52 Neutral	C$2.91B	-30.02	-1.99%	6.61%	-5.67%	54.92%
MRT.UN	51 Neutral	C$383.68M	-8.51	-4.91%	4.30%	-5.37%	13.86%

Crombie Real Estate ate Corporate Events

Crombie REIT Achieves Record Occupancy and FFO Growth in Q3 2025

Crombie Real Estate Investment Trust reported strong third-quarter results for 2025, showcasing record occupancy levels and significant growth in funds from operations (FFO). The company achieved a committed occupancy rate of 97.5% and a same-asset cash net operating income (NOI) growth of 4.6%, reflecting the resilience and strategic execution of its portfolio. Crombie also announced an increase in distributions to $0.90 per Unit per year, highlighting its commitment to delivering value to stakeholders.

The most recent analyst rating on ($TSE:CRR.UN) stock is a Hold with a C$16.00 price target. To see the full list of analyst forecasts on Crombie Real Estate ate stock, see the TSE:CRR.UN Stock Forecast page.

Crombie REIT Declares October 2025 Distribution

Crombie Real Estate Investment Trust announced a monthly distribution of $0.07500 per unit for October 2025, payable to unitholders on November 14, 2025. This announcement reflects Crombie’s ongoing commitment to delivering value to its stakeholders and maintaining its position as a prominent player in the real estate investment sector.

The most recent analyst rating on ($TSE:CRR.UN) stock is a Buy with a C$17.50 price target. To see the full list of analyst forecasts on Crombie Real Estate ate stock, see the TSE:CRR.UN Stock Forecast page.

Crombie REIT Announces Q3 2025 Financial Results Conference Call

Crombie Real Estate Investment Trust has announced a conference call scheduled for November 6, 2025, where senior management will discuss the company’s financial and operational results for the third quarter of 2025. The results will be released on November 5, 2025, after market close. This announcement is significant as it provides stakeholders with insights into Crombie’s performance and strategic direction, potentially impacting its market positioning and future development plans.

The most recent analyst rating on ($TSE:CRR.UN) stock is a Hold with a C$16.50 price target. To see the full list of analyst forecasts on Crombie Real Estate ate stock, see the TSE:CRR.UN Stock Forecast page.

Crombie REIT Declares September 2025 Distribution

Crombie Real Estate Investment Trust announced a monthly distribution of $0.075 per unit for September 2025, payable on October 15, 2025, to unitholders of record as of September 30, 2025. This announcement reflects Crombie’s ongoing commitment to providing value to its investors and maintaining its position as a leading real estate operator and developer.

The most recent analyst rating on ($TSE:CRR.UN) stock is a Hold with a C$16.50 price target. To see the full list of analyst forecasts on Crombie Real Estate ate stock, see the TSE:CRR.UN Stock Forecast page.

Crombie REIT Increases Monthly Distribution for August 2025

Crombie REIT announced an increase in its monthly distribution to $0.07500 per unit for August 2025, reflecting a 1.12% rise from the previous rate. This adjustment underscores Crombie’s commitment to providing value to its unitholders and highlights its robust financial health and strategic growth in the real estate market.

The most recent analyst rating on ($TSE:CRR.UN) stock is a Hold with a C$16.00 price target. To see the full list of analyst forecasts on Crombie Real Estate ate stock, see the TSE:CRR.UN Stock Forecast page.

Crombie REIT Reports Strong Earnings and Strategic Growth

Crombie Real Estate Investment Trust (REIT) has reported a robust performance in its latest earnings call, showcasing strong operational achievements and strategic growth initiatives. The sentiment during the call was overwhelmingly positive, driven by record occupancy rates, significant growth in key financial metrics, and successful strategic partnerships. Despite challenges such as increased interest expenses and softer joint venture earnings, the company maintains a positive outlook with a focus on long-term growth and stability.