PRO Real Estate Investment (PRV.UN) AI Stock Analysis

• Market Cap: C$399.16M
• Dividend Yield: 7.17%
• Average Volume (3M): 33.06K
• Price to Earnings (P/E): 14.2
• Beta (1Y): 0.93
• Revenue Growth: 2.81%
• EPS Growth: 9677.19%
• Country: CA
• Employees: 83
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): 0.19
• Shares Outstanding: 63,213,750
• 10 Day Avg. Volume: 28,047
• 30 Day Avg. Volume: 33,060
• PEG Ratio: -1.44
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 3.15
• P/FCF Ratio: 10.45
• 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$6.75
• Price Target Upside: 7.48% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 81 Outperform
• Price Target: C$7.00 ▲(11.46% Upside)

PRO Real Estate Investment's strong financial performance and strategic transition to a pure-play industrial REIT are key strengths, supported by robust leasing activity and debt reduction. The stock's attractive valuation and positive technical indicators further enhance its appeal, though challenges like the Montreal vacancy and interest costs are noted.

Positive Factors

Transition to Industrial REIT

Transitioning to a pure-play industrial REIT positions the company to capitalize on the growing demand for industrial spaces, enhancing long-term growth prospects and operational focus.

Strong Financial Performance

Consistent revenue and NOI growth indicate effective management and a strong market position, supporting sustainable financial health and shareholder returns.

Debt Reduction

Reducing debt enhances financial flexibility and reduces risk, allowing for strategic investments and stability in fluctuating market conditions.

Negative Factors

Vacancy in Montreal

The vacancy in Montreal impacts occupancy rates and potential revenue, posing a challenge to maintaining high portfolio performance and cash flow.

Interest and Financing Costs

Rising interest costs can pressure margins and cash flow, limiting the company's ability to invest in growth and manage debt effectively.

Challenges in Acquisition Market

Limited acquisition opportunities can hinder growth and diversification efforts, affecting long-term strategic expansion and competitive positioning.

PRO Real Estate Investment Business Overview & Revenue Model

Company Description

PRO Real Estate Investment (PRV.UN) is a Canadian real estate investment trust (REIT) that focuses on acquiring, owning, and managing a diversified portfolio of income-generating properties across various sectors, including residential, commercial, and industrial real estate. The company aims to provide attractive returns to its unitholders through prudent investment strategies and effective property management.

How the Company Makes Money

PRO Real Estate Investment generates revenue primarily through rental income derived from its portfolio of properties. The company leases space to tenants in its residential and commercial properties, receiving monthly rental payments that contribute significantly to its revenue stream. Additionally, PRV.UN may engage in property sales or repositioning strategies that can yield capital gains. The company may also benefit from strategic partnerships with real estate developers and property management firms, enhancing its operational efficiency and expanding its portfolio through acquisitions. Factors such as market demand for rental properties, occupancy rates, and effective management of operating expenses play crucial roles in determining the overall revenue performance of the company.

PRO Real Estate Investment Financial Statement Overview

Summary

PRO Real Estate Investment demonstrates strong financial health with significant revenue growth and robust profit margins. The balance sheet is stable with manageable leverage, though return on equity could be enhanced. Cash flow generation is strong, supporting the company's operational and financial stability.

Income Statement

The income statement shows strong performance with a significant revenue growth rate of 44% in the TTM period. Gross profit margin remains stable around 59%, and net profit margin improved to 27% from a low of 2.4% in the previous year. EBIT and EBITDA margins are robust at 48.96% and 55.05%, respectively, indicating efficient operational management.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 1.05, indicating a balanced approach to leveraging. Return on equity is relatively low at 5.71%, suggesting room for improvement in generating returns on shareholder investments. The equity ratio stands at 44.45%, showing a solid equity base relative to total assets.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth rate of 26.39% in the TTM period, highlighting improved cash generation capabilities. The operating cash flow to net income ratio is 0.19, and the free cash flow to net income ratio is 0.97, indicating efficient conversion of income into cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	99.69M	99.21M	99.89M	97.21M	77.67M	69.81M
Gross Profit	59.23M	58.52M	57.94M	57.74M	46.28M	40.53M
EBITDA	48.02M	24.95M	47.93M	51.99M	36.55M	40.45M
Net Income	25.48M	2.38M	25.91M	136.75M	81.84M	1.86M
Balance Sheet
Total Assets	1.11B	997.76M	1.03B	1.04B	989.96M	634.48M
Cash, Cash Equivalents and Short-Term Investments	10.53M	9.07M	13.26M	7.53M	5.94M	6.26M
Total Debt	562.42M	498.57M	515.26M	514.33M	522.78M	364.73M
Total Liabilities	617.03M	533.12M	546.56M	548.24M	560.27M	391.28M
Stockholders Equity	493.93M	464.65M	488.03M	487.69M	429.69M	243.20M
Cash Flow
Free Cash Flow	35.31M	29.87M	30.84M	27.80M	29.00M	23.08M
Operating Cash Flow	35.90M	31.10M	31.70M	28.23M	29.28M	23.41M
Investing Cash Flow	-78.20M	9.89M	4.34M	11.93M	-281.61M	-5.64M
Financing Cash Flow	43.95M	-45.17M	-30.32M	-38.58M	252.01M	-16.81M

PRO Real Estate Investment Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.28
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PRV.UN, the sentiment is Positive. The current price of 6.28 is above the 20-day moving average (MA) of 6.07, above the 50-day MA of 5.93, and above the 200-day MA of 5.39, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 67.76 is Neutral, neither overbought nor oversold. The STOCH value of 66.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PRV.UN.

PRO Real Estate Investment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PRV.UN	81 Outperform	C$399.16M	14.17	7.24%	7.17%	2.81%	9677.19%
BTB.UN	75 Outperform	C$332.77M	7.94	8.60%	7.79%	0.92%	92.93%
FCD.UN	75 Outperform	C$220.82M	11.66	6.20%	8.96%	2.69%	-45.80%
NET.UN	75 Outperform	C$112.26M	4.75	10.16%	6.31%	3.20%	39.37%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
MRT.UN	51 Neutral	C$383.68M	-8.51	-4.91%	4.14%	-5.37%	13.86%

PRO Real Estate Investment Corporate Events

PROREIT Reports Strong Q3 2025 Results Amid Strategic Shift to Industrial Focus

PROREIT reported a significant increase in net operating income by 19.6% year-over-year for the third quarter of 2025, highlighting the successful transition to a pure-play industrial REIT. The company completed the sale of non-core retail and office properties, reinforcing its strategic focus on industrial assets. The occupancy rate, excluding a single large vacancy, stood at 98.1%, demonstrating robust portfolio performance. PROREIT is now a leading industrial landlord in Winnipeg, with a 99.9% occupancy rate and is well-positioned to capitalize on economic growth in Atlantic Canada, which constitutes a significant portion of its base rent.

The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.

PROREIT Schedules Q3 2025 Results Release and Conference Call

PRO Real Estate Investment Trust (PROREIT) announced it will release its third quarter 2025 financial results on November 11, 2025, followed by a conference call on November 12, 2025. The call will provide an opportunity for financial analysts to engage with the management team, while media and other interested parties can listen via a live audio webcast. This announcement underscores PROREIT’s commitment to transparency and engagement with its stakeholders, potentially impacting its market perception and investor relations.

The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.

PROREIT Announces Q3 2025 Financial Results Release and Conference Call

PRO Real Estate Investment Trust (PROREIT) has announced the release date for its third quarter 2025 financial results, which will be available on November 11, 2025, after market close. A conference call to discuss these results will be held on November 12, 2025, at 9:00 AM ET, featuring a question period for financial analysts and a live audio webcast for media and other interested parties. This announcement reflects PROREIT’s ongoing commitment to transparency and stakeholder engagement, as it continues to focus on delivering stable cash flows and long-term value.

The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.

PROREIT Announces October 2025 Cash Distribution

PRO Real Estate Investment Trust announced a cash distribution of $0.0375 per trust unit for October 2025, payable on November 17, 2025, to unitholders of record as of October 31, 2025. This announcement reflects PROREIT’s ongoing commitment to providing stable returns to its investors, reinforcing its position in the Canadian real estate market as a reliable source of income and growth.

The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.

PROREIT Completes Transition to Pure-Play Industrial REIT with $51.3 Million Sale

PRO Real Estate Investment Trust has completed the sale of 12 non-core retail properties for $51.3 million, marking a significant step in its transition to a pure-play light industrial REIT. This strategic move aligns with PROREIT’s goal of having 90% of its annualized portfolio base rent derived from industrial properties, enhancing its market position as a prominent Canadian light industrial REIT and reinforcing its commitment to delivering sustainable value for stakeholders.

The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.

PROREIT Completes Strategic Transition to Pure-Play Industrial REIT

PRO Real Estate Investment Trust has completed the sale of 12 non-core retail properties, totaling approximately 277,000 square feet, for $51.3 million. This strategic move marks PROREIT’s transition into a pure-play industrial REIT, with industrial base rent now comprising 90% of its annualized portfolio base rent. The sale proceeds were used to repay mortgages and credit facilities, further strengthening the company’s financial position. PROREIT has also introduced a refreshed brand identity to reflect its strategic evolution, underscoring its focus on the Canadian light industrial sector. This transition is expected to enhance PROREIT’s market positioning and deliver long-term value for stakeholders.

The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.

PROREIT Declares September 2025 Cash Distribution

PRO Real Estate Investment Trust announced a cash distribution of $0.0375 per trust unit for September 2025, payable on October 15, 2025, to unitholders of record as of September 30, 2025. This announcement reflects PROREIT’s ongoing commitment to providing returns to its investors and may enhance its attractiveness to stakeholders by reinforcing its financial stability and strategic focus on industrial properties in secondary markets.

The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.

PROREIT Declares August 2025 Cash Distribution

PRO Real Estate Investment Trust announced a cash distribution of $0.0375 per trust unit for August 2025, payable on September 15, 2025, to unitholders of record as of August 29, 2025. This announcement reflects PROREIT’s ongoing commitment to providing consistent returns to its investors, reinforcing its strategic focus on high-quality commercial properties in secondary markets, which may enhance its attractiveness to stakeholders.

The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.

PROREIT Reports Q2 2025 Results with Strategic Focus on Industrial Growth

PROREIT reported a 4.5% increase in net operating income and an 8.2% rise in Same Property NOI for Q2 2025, driven by rent growth and strong lease-up performance. The company is executing a capital recycling strategy, reinvesting in industrial properties to support cash flow and asset value growth, and has entered into a binding agreement to sell six retail properties. This aligns with their goal to become a pure-play Canadian light industrial REIT, with 63.1% of 2025 GLA renewed at a 35.7% average spread, reflecting strong leasing momentum.

The most recent analyst rating on ($TSE:PRV.UN) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on PRO Real Estate Investment stock, see the TSE:PRV.UN Stock Forecast page.