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Primaris Real Estate Investment Trust (TSE:PMZ.UN)
TSX:PMZ.UN
Canadian Market

Primaris Real Estate Investment Trust (PMZ.UN) Ratios

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Primaris Real Estate Investment Trust Ratios

TSE:PMZ.UN's free cash flow for Q1 2025 was C$0.55. For the 2025 fiscal year, TSE:PMZ.UN's free cash flow was decreased by C$ and operating cash flow was C$0.37. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
2.41 1.05 0.15 0.07 0.04
Quick Ratio
2.41 1.05 0.04 0.03 <0.01
Cash Ratio
0.09 0.23 0.02 <0.01 0.02
Solvency Ratio
0.04 0.06 0.17 0.45 -0.39
Operating Cash Flow Ratio
0.98 0.88 0.30 -0.13 0.34
Short-Term Operating Cash Flow Coverage
4.81 1.86 0.37 -0.11 0.90
Net Current Asset Value
C$ -1.69BC$ -1.60BC$ -1.03BC$ -1.01BC$ -1.10B
Leverage Ratios
Debt-to-Assets Ratio
0.40 0.38 0.31 0.17 0.14
Debt-to-Equity Ratio
0.79 0.71 0.48 0.25 0.30
Debt-to-Capital Ratio
0.44 0.41 0.33 0.20 0.23
Long-Term Debt-to-Capital Ratio
0.44 0.38 0.21 0.09 0.23
Financial Leverage Ratio
1.97 1.85 1.53 1.48 2.13
Debt Service Coverage Ratio
1.39 1.45 0.41 0.20 -0.06
Interest Coverage Ratio
3.05 3.80 5.80 6.99 5.88
Debt to Market Cap
1.03 1.02 0.69 0.75 0.49
Interest Debt Per Share
16.74 15.56 10.39 5.87 3.28
Net Debt to EBITDA
10.30 6.96 5.31 4.22 2.31
Profitability Margins
Gross Profit Margin
57.87%56.85%55.72%55.75%47.54%
EBIT Margin
32.22%49.71%5.25%141.63%-204.79%
EBITDA Margin
32.62%50.34%49.42%51.55%45.89%
Operating Profit Margin
50.28%49.52%48.93%51.55%45.89%
Pretax Profit Margin
15.75%24.89%-3.18%134.26%-212.59%
Net Profit Margin
15.75%24.89%-3.18%139.61%-212.59%
Continuous Operations Profit Margin
15.75%24.89%-3.18%134.26%-212.59%
Net Income Per EBT
100.00%100.00%100.00%103.98%100.00%
EBT Per EBIT
31.33%50.25%-6.50%260.45%-463.21%
Return on Assets (ROA)
1.86%2.62%-0.38%10.92%-26.91%
Return on Equity (ROE)
3.68%4.86%-0.58%16.18%-57.35%
Return on Capital Employed (ROCE)
6.19%5.49%7.03%4.92%9.38%
Return on Invested Capital (ROIC)
5.81%5.36%0.00%4.04%9.50%
Return on Tangible Assets
1.86%2.62%-0.38%10.92%-26.91%
Earnings Yield
4.79%7.56%-0.82%28.73%-46.55%
Efficiency Ratios
Receivables Turnover
8.36 51.56 6.39 6.68 25.05
Payables Turnover
1.55 4.34 4.94 1.68 0.28
Inventory Turnover
0.00 0.00 2.70 4.01 5.50
Fixed Asset Turnover
0.00 0.12 36.53 31.51 0.13
Asset Turnover
0.12 0.11 0.12 0.08 0.13
Working Capital Turnover Ratio
3.99 -1.77 -0.75 -0.38 -0.44
Cash Conversion Cycle
-191.70 -77.05 118.20 -71.21 -1.21K
Days of Sales Outstanding
43.66 7.08 57.12 54.64 14.57
Days of Inventory Outstanding
0.00 0.00 134.95 90.98 66.42
Days of Payables Outstanding
235.36 84.13 73.86 216.83 1.29K
Operating Cycle
43.66 7.08 192.06 145.62 81.00
Cash Flow Ratios
Operating Cash Flow Per Share
1.57 1.68 1.64 -0.78 2.84
Free Cash Flow Per Share
1.41 1.65 1.63 -1.03 2.17
CapEx Per Share
0.16 0.00 <0.01 0.25 0.66
Free Cash Flow to Operating Cash Flow
0.90 0.98 0.99 1.33 0.77
Dividend Paid and CapEx Coverage Ratio
1.72 2.10 2.21 -3.03 4.26
Capital Expenditure Coverage Ratio
10.05 0.00 178.40 -3.06 4.28
Operating Cash Flow Coverage Ratio
0.10 0.11 0.16 -0.14 0.93
Operating Cash Flow to Sales Ratio
0.33 0.40 0.43 -0.30 1.03
Free Cash Flow Yield
9.14%12.08%11.16%-8.19%17.31%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
20.86 13.22 -121.25 3.48 -2.15
Price-to-Sales (P/S) Ratio
3.29 3.29 3.85 4.86 4.57
Price-to-Book (P/B) Ratio
0.77 0.64 0.70 0.56 1.23
Price-to-Free Cash Flow (P/FCF) Ratio
10.94 8.28 8.96 -12.21 5.78
Price-to-Operating Cash Flow Ratio
9.85 8.13 8.91 -16.20 4.43
Price-to-Earnings Growth (PEG) Ratio
-1.07 -0.01 1.17 -0.02 0.00
Price-to-Fair Value
0.77 0.64 0.70 0.56 1.23
Enterprise Value Multiple
20.37 13.50 13.10 13.65 12.26
Enterprise Value
3.35B 2.79B 2.46B 1.79B 1.52B
EV to EBITDA
20.37 13.50 13.10 13.65 12.26
EV to Sales
6.65 6.80 6.48 7.04 5.63
EV to Free Cash Flow
22.13 17.10 15.06 -17.68 7.12
EV to Operating Cash Flow
19.93 16.79 14.98 -23.46 5.45
Tangible Book Value Per Share
20.16 21.28 20.87 22.30 10.20
Shareholders’ Equity Per Share
20.16 21.28 20.87 22.30 10.20
Tax and Other Ratios
Effective Tax Rate
0.00 0.00 1.00 -0.04 -0.25
Revenue Per Share
4.71 4.16 3.80 2.58 2.75
Net Income Per Share
0.74 1.03 -0.12 3.61 -5.85
Tax Burden
1.00 1.00 1.00 1.04 1.00
Interest Burden
0.49 0.50 -0.60 0.95 1.04
Research & Development to Revenue
0.00 0.00 >-0.01 <0.01 >-0.01
SG&A to Revenue
0.07 0.06 0.07 0.05 0.04
Stock-Based Compensation to Revenue
0.02 <0.01 <0.01 0.00 0.00
Income Quality
2.12 1.63 -13.60 -0.22 -0.49
Currency in CAD
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