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CT Real Estate Investment Trust (CRT-UN) Fair Value & Analysis

Real Estate · CA · Market cap C$4.5B

CR CT Real Estate Investment Trust CRT-UN · TO
PriceC$18.78
Fair ValueC$19.81
Upside+5.5%
Quality69/100
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Evidence: Medium Range C$14.73 – C$24.77 📤 Share as image

Fair value as of: Jul 19, 2026

From 26 valuation models · updated 3 days ago

Fair value updated Jul 19, 2026, revised from C$17.34 to C$19.81 (+14.2%) since Jul 5, 2026. Share price +2.8% over the past month.

Price vs Fair Value (12 months)

C$18.78 C$14.67 Fair Value C$19.81 Jul 2025 Jul 2026

12‑month range C$14.67 – C$18.78 · fair‑value band C$14.73 – C$24.77 · the C$18.78 price screens below the C$19.81 fair value. As of Jul 19, 2026.

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Analysis

CT Real Estate Investment Trust (CRT-UN) currently trades at C$18.78, while our model-based Fair Value estimate is C$19.81, implying the stock looks roughly 5.5% fairly valued today. We read business quality at 69/100 (solid quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, CT Real Estate Investment Trust generated revenue of C$611M at a net margin of 39.8%. Revenue grew 4.8% year over year. It earns a return on equity of 12.2%. Net debt stands at C$3.3B. Fundamentals as of Jul 19, 2026

Our scenario range runs from C$14.73 (bear case) to C$24.77 (bull case); at C$18.78, the current price sits within that range. The share trades near its 52-week high and 29% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -34% fair-value upside, at 5%, CRT-UN screens cheaper than that median.

Key figures & financial health

Revenue (TTM) C$611M
Revenue growth (YoY) +4.8%
Net margin 39.8%
Return on equity 12.2%
Free cash flow C$391M FY2025
P/E ratio 10.3
More key figures
Operating margin 74.9%
EPS (TTM) C$1.83
Dividend yield 5.1%
EPS growth (YoY) +9.6%
Net debt C$3.3B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 19, 2026. TTM = trailing twelve months.

About the company

CT Real Estate Investment Trust is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 375 properties totaling 31.7 million square feet of GLA, consisting primarily of net lease single-tenant retail properties across Canada. Canadian Tire Corporation, Limited, is CT REITs most significant tenant. CT Real Estate Investment Trust was established on October 22, 2013 and incorporated in Ontario, Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CT Real Estate Investment Trust reported revenue of C$604M in FY2025 versus C$515M in FY2021, a compound +4.1%/yr. Reported net income was C$238M in FY2025, compounding −9.2%/yr from FY2021.

Revenue +4.1%/yr
FY21 C$515M
FY22 C$533M
FY23 C$553M
FY24 C$579M
FY25 C$604M
Net income −9.2%/yr
FY21 C$351M
FY22 C$325M
FY23 C$105M
FY24 C$434M
FY25 C$238M

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Cite: Fair Value Calculator (2026). "CT Real Estate Investment Trust Fair Value". https://www.fairvalue-calculator.com/stock/CRT-UN

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection, not financial advice.

Similar stocks

10 more REIT - Retail stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Simon Property Group SPG $216.74 $127.96 -41%
Realty Income Corporation O $60.58 $39.73 -34%
Kimco Realty Corporation K1IM34 R$115.44 R$20.04 -83%
Unibail-Rodamco-Westfield SE URW €100.30 €103.95 +4%
Scentre Group STGPF $2.65 $2.31 -13%
CapitaLand Integrated Commercial Trust (CICT or the Trust) C38U 2.27 SGD 1.39 SGD -39%
Regency Centers Corporation R1EG34 R$200.95 R$33.00 -84%
Link Real Estate Investment Trust (Link REIT) 0823 HK$35.42 HK$41.93 +18%
Klépierre SA LI €35.02 €34.28 -2%
Federal Realty Investment Trust FRT $120.39 $65.37 -46%

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Frequently asked questions

Is CT Real Estate Investment Trust (CRT-UN) undervalued?
As of Jul 19, 2026, our model estimates a fair value of C$19.81 versus a price of C$18.78, about +5% (fairly valued). Model-based estimate, not financial advice.
What is the fair value of CRT-UN?
Our model-based fair value for CT Real Estate Investment Trust is C$19.81 (as of Jul 19, 2026), built from audited fundamentals. The current price is C$18.78.
What is the quality score of CRT-UN?
CT Real Estate Investment Trust has a Quality Score of 69/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of CT Real Estate Investment Trust (CRT-UN)?
CT Real Estate Investment Trust reported trailing-twelve-month revenue of about C$611M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of CRT-UN?
The net profit margin of CT Real Estate Investment Trust is about 39.8%, meaning it keeps roughly 39.8% of revenue as net income. Based on the latest reported figures.
Does CT Real Estate Investment Trust pay a dividend?
CT Real Estate Investment Trust currently shows a dividend yield of about 5.34% relative to its recent price (as of Jul 19, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.