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TSX/PMZ.UN (TSX/PMZ.UN)

Toronto Stock Exchange: TSX/PMZ.UN · CAD

CA$22.1

-0.18 (-0.8%)· Recorded snapshot

Market cap	2.9B
Revenue (ttm)	698.6M
Net income (ttm)	129.9M
EPS (ttm)	CA$0.86
Shares out	129.5M
P/E (trailing)	25.8x
P/E (forward)	16.1x
Dividend	CA$0.88 (3.99%)
Volume	226,017
Beta	1.00

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-10-28
Employees	700
Enterprise value	CAD 5.5B
Exchange	Toronto Stock Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2021
Industry	REIT - Retail
Is primary listing	Yes
ISIN number	CA74167K1093
Last earnings date	2026-10-28
Last refreshed	2026-10-28
Market cap	CAD 2.9B
Next earnings date	2026-10-28
Price	CAD 22.07
Price currency	CAD
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	tsx/PMZ.UN
Website	https://www.primarisreit.com

Metric

Value

Amount currency

CAD

Country

Canada

Country code

Earnings date

2026-10-28

Employees

700

Enterprise value

CAD 5.5B

Exchange

Toronto Stock Exchange

Financial currency

CAD

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

2021

Industry

REIT - Retail

Is primary listing

Yes

ISIN number

CA74167K1093

Last earnings date

2026-10-28

Last refreshed

2026-10-28

Market cap

CAD 2.9B

Next earnings date

2026-10-28

Price

CAD 22.07

Price currency

CAD

Sector

Real Estate

SIC code

6798

Stock price date

2026-10-28

Symbol

tsx/PMZ.UN

Website

https://www.primarisreit.com

Metric	Value
Average P/E ratio (3Y)	16.2x
Average P/E ratio (5Y)	23.23x
Earnings yield	3.88%
EV/Earnings	42.38x
EV/EBIT	16.03x
EV/EBITDA	15.93x
EV/FCF	23.84x
EV/Sales	7.88x
FCF / EV yield	4.19%
FCF yield	8.02%
Forward P/E	16.12x
Graham number	20.25789
Graham upside	-8.95%
Industry forward P/E	12.88x
Industry P/E	15.13x
Lynch fair value	CAD 4.28
Lynch upside	-80.75%
P/(FCF - SBC) ratio	13.45x
P/(OCF - SBC) ratio	13.43x
P/B ratio	1.15x
P/E ratio	25.76x
P/FCF ratio	12.48x
P/FFO ratio	12.14x
P/OCF ratio	12.45x
P/S ratio	4.12x
PEG ratio	2.99x
Price / tangible book value	1.15x
Price/EBITDA ratio	8.37x
Sector forward P/E	14.33x
Sector P/E	46.79x

Metric

Value

Average P/E ratio (3Y)

16.2x

Average P/E ratio (5Y)

23.23x

Earnings yield

3.88%

EV/Earnings

42.38x

EV/EBIT

16.03x

EV/EBITDA

15.93x

EV/FCF

23.84x

EV/Sales

7.88x

FCF / EV yield

4.19%

FCF yield

8.02%

Forward P/E

16.12x

Graham number

20.25789

Graham upside

-8.95%

Industry forward P/E

12.88x

Industry P/E

15.13x

Lynch fair value

CAD 4.28

Lynch upside

-80.75%

P/(FCF - SBC) ratio

13.45x

P/(OCF - SBC) ratio

13.43x

P/B ratio

1.15x

P/E ratio

25.76x

P/FCF ratio

12.48x

P/FFO ratio

12.14x

P/OCF ratio

12.45x

P/S ratio

4.12x

PEG ratio

2.99x

Price / tangible book value

1.15x

Price/EBITDA ratio

8.37x

Sector forward P/E

14.33x

Sector P/E

46.79x

Metric	Value
EBIT margin	49.15%
EBITDA margin	49.29%
FCF margin	33.05%
Gross margin	56.65%
Operating margin	49.15%
Pretax margin	18.59%
Profit margin	18.59%
Profit per employee	CAD 185,569
Profitable years	3
Revenue per employee	CAD 998,056
ROA	4.17%
ROA (5Y)	3.64%
ROCE	7.7%
ROE	5.36%
ROE (5Y)	7.44%
ROIC	4.3%
SBC / revenue	2.4%

Metric

Value

EBIT margin

49.15%

EBITDA margin

49.29%

FCF margin

33.05%

Gross margin

56.65%

Operating margin

49.15%

Pretax margin

18.59%

Profit margin

18.59%

Profit per employee

CAD 185,569

Profitable years

Revenue per employee

CAD 998,056

ROA

4.17%

ROA (5Y)

3.64%

ROCE

7.7%

ROE

5.36%

ROE (5Y)

7.44%

ROIC

4.3%

SBC / revenue

2.4%

Metric	Value
EPS growth	41.31%
EPS growth 3Y	57.24%
EPS growth years	1
Net income growth	78.26%
Net income growth 3Y	80.96%
Net income growth 5Y	-4.9%
Net income growth years	1
OCF growth	20.98%
OCF growth (Q)	13.25%
OCF growth (QoQ)	201.43%
OCF growth 3Y	14.79%
Revenue growth	23.94%
Revenue growth (Q)	15.49%
Revenue growth (QoQ)	-1.66%
Revenue growth 3Y	21.84%
Revenue growth 5Y	22.17%
Revenue growth quarters	19
Revenue growth years	4

Metric

Value

EPS growth

41.31%

EPS growth 3Y

57.24%

EPS growth years

Net income growth

78.26%

Net income growth 3Y

80.96%

Net income growth 5Y

-4.9%

Net income growth years

OCF growth

20.98%

OCF growth (Q)

13.25%

OCF growth (QoQ)

201.43%

OCF growth 3Y

14.79%

Revenue growth

23.94%

Revenue growth (Q)

15.49%

Revenue growth (QoQ)

-1.66%

Revenue growth 3Y

21.84%

Revenue growth 5Y

22.17%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	CAD -476,000
EBIT	CAD 343.4M
EBITDA	CAD 344.4M
EPS	CAD 0.86
FCF per share	CAD 1.78
Financing cash flow	CAD 126.1M
Free cash flow	CAD 230.9M
Free cash flow minus SBC	CAD 214.1M
Funds from operations (FFO)	CAD 249.5M
Gross profit	CAD 395.8M
Investing cash flow	CAD -317.8M
Net cash flow	CAD 39.6M
Net income	CAD 129.9M
Operating cash flow minus SBC	CAD 214.6M
Operating income	CAD 343.4M
Revenue	CAD 698.6M
Stock-based compensation	CAD 16.8M

Metric

Value

Capital expenditures

CAD -476,000

EBIT

CAD 343.4M

EBITDA

CAD 344.4M

EPS

CAD 0.86

FCF per share

CAD 1.78

Financing cash flow

CAD 126.1M

Free cash flow

CAD 230.9M

Free cash flow minus SBC

CAD 214.1M

Funds from operations (FFO)

CAD 249.5M

Gross profit

CAD 395.8M

Investing cash flow

CAD -317.8M

Net cash flow

CAD 39.6M

Net income

CAD 129.9M

Operating cash flow minus SBC

CAD 214.6M

Operating income

CAD 343.4M

Revenue

CAD 698.6M

Stock-based compensation

CAD 16.8M

Metric	Value
Book value per share	CAD 21.29
Debt / EBITDA	7.73
Debt / equity	1.06
Debt / FCF	11.56
Interest coverage	2.4
Net cash (debt)	CAD -2.6B
Net cash / market cap	-91.11%
Net debt / EBITDA	7.62
Net debt / equity	1.04
Net debt / FCF	11.37
Piotroski F-Score	5
Property, plant and equipment	CAD 4.9B
Shareholders' equity	CAD 2.5B
Tangible book value	CAD 2.5B
Tangible book value per share	CAD 21.29
Total assets	CAD 5.3B
Total cash	CAD 45.1M
Total debt	CAD 2.7B
Total liabilities	CAD 2.8B
WACC	7.1%

Metric

Value

Book value per share

CAD 21.29

Debt / EBITDA

7.73

Debt / equity

1.06

Debt / FCF

11.56

Interest coverage

2.4

Net cash (debt)

CAD -2.6B

Net cash / market cap

-91.11%

Net debt / EBITDA

7.62

Net debt / equity

1.04

Net debt / FCF

11.37

Piotroski F-Score

Property, plant and equipment

CAD 4.9B

Shareholders' equity

CAD 2.5B

Tangible book value

CAD 2.5B

Tangible book value per share

CAD 21.29

Total assets

CAD 5.3B

Total cash

CAD 45.1M

Total debt

CAD 2.7B

Total liabilities

CAD 2.8B

WACC

7.1%

Metric	Value
Asset turnover	0.14
Current ratio	0.33
Net working capital	CAD 120.6M
Quick ratio	0.07
Working capital	CAD -589.5M

Metric

Value

Asset turnover

0.14

Current ratio

0.33

Net working capital

CAD 120.6M

Quick ratio

0.07

Working capital

CAD -589.5M

Metric	Value
Buyback yield / dilution	-16.47%
Dividend growth	2.32%
Dividend growth (3Y)	2.4%
Dividend growth years	3
Dividend payment date	2026-11-16
Dividend payment years	5
Dividend payout frequency	Monthly
Dividend per share	CAD 0.88
Dividend yield	3.99%
Ex-dividend date	2026-10-30
FCF payout ratio	49.34%
Last dividend	CAD 0.07
Payout ratio	76.63%
Shareholder yield	-12.52%

Metric

Value

Buyback yield / dilution

-16.47%

Dividend growth

2.32%

Dividend growth (3Y)

2.4%

Dividend growth years

Dividend payment date

2026-11-16

Dividend payment years

Dividend payout frequency

Monthly

Dividend per share

CAD 0.88

Dividend yield

3.99%

Ex-dividend date

2026-10-30

FCF payout ratio

49.34%

Last dividend

CAD 0.07

Payout ratio

76.63%

Shareholder yield

-12.52%

Metric	Value
150-day SMA	CAD 20.75
1D price change	-0.81%
1M price change	1.31%
1M total return	1.65%
1W price change	-2.16%
1W total return	-2.16%
1Y price change	39.78%
1Y return CAGR	46.68%
1Y total return	46.64%
20-day SMA	CAD 22.06
200-day SMA	CAD 19.87
3M price change	-4.86%
3M total return	-3.91%
3Y price change	77.25%
3Y return CAGR	27.89%
3Y total return	109.22%
50-day SMA	CAD 21.65
50-day SMA vs 200-day SMA	50over200
52-week high	CAD 23.36
52-week high date	2026-07-28
52-week low	CAD 14.85
52-week low date	2025-12-05
6M price change	16.48%
6M total return	18.94%
All-time high	CAD 23.36
All-time high date	2026-07-28
All-time low	CAD 11.93
All-time low date	2022-06-30
Average true range (ATR)	CAD 0.42
Average volume	350.6K
Beta (1Y)	0.76
Beta (2Y)	0.72
Beta (5Y)	1
Change from 52-week high	-5.52%
Change from 52-week low	48.62%
Change from all-time high	-5.76%
Change from all-time low	84.53%
Change from open	-0.27%
Day's gap	-0.54%
Dollar volume	CAD 5M
High price	CAD 22.26
Low price	CAD 21.97
Monthly RSI	69.09
Open price	CAD 22.13
Position in 52-week range	34.48%
Previous close	CAD 22.25
Price vs 150-day SMA	6.08%
Price vs 20-day SMA	-0.2%
Price vs 200-day SMA	10.81%
Price vs 50-day SMA	1.68%
Relative volume	0.64
RSI	50.43
Sharpe ratio	2.13
Sharpe ratio (3Y)	1.14
Sortino ratio	3.86
Sortino ratio (3Y)	2.06
Volume	226K
Weekly RSI	59.56
YTD price change	41.21%
YTD total return	46.06%

Metric

Value

150-day SMA

CAD 20.75

1D price change

-0.81%

1M price change

1.31%

1M total return

1.65%

1W price change

-2.16%

1W total return

-2.16%

1Y price change

39.78%

1Y return CAGR

46.68%

1Y total return

46.64%

20-day SMA

CAD 22.06

200-day SMA

CAD 19.87

3M price change

-4.86%

3M total return

-3.91%

3Y price change

77.25%

3Y return CAGR

27.89%

3Y total return

109.22%

50-day SMA

CAD 21.65

50-day SMA vs 200-day SMA

50over200

52-week high

CAD 23.36

52-week high date

2026-07-28

52-week low

CAD 14.85

52-week low date

2025-12-05

6M price change

16.48%

6M total return

18.94%

All-time high

CAD 23.36

All-time high date

2026-07-28

All-time low

CAD 11.93

All-time low date

2022-06-30

Average true range (ATR)

CAD 0.42

Average volume

350.6K

Beta (1Y)

0.76

Beta (2Y)

0.72

Beta (5Y)

Change from 52-week high

-5.52%

Change from 52-week low

48.62%

Change from all-time high

-5.76%

Change from all-time low

84.53%

Change from open

-0.27%

Day's gap

-0.54%

Dollar volume

CAD 5M

High price

CAD 22.26

Low price

CAD 21.97

Monthly RSI

69.09

Open price

CAD 22.13

Position in 52-week range

34.48%

Previous close

CAD 22.25

Price vs 150-day SMA

6.08%

Price vs 20-day SMA

-0.2%

Price vs 200-day SMA

10.81%

Price vs 50-day SMA

1.68%

Relative volume

0.64

RSI

50.43

Sharpe ratio

2.13

Sharpe ratio (3Y)

1.14

Sortino ratio

3.86

Sortino ratio (3Y)

2.06

Volume

226K

Weekly RSI

59.56

YTD price change

41.21%

YTD total return

46.06%

Metric	Value
Float	116.7M
Shares change (QoQ)	-0.01%
Shares change (YoY)	16.47%
Shares held by insiders	0.81%
Shares held by institutions	50.56%
Shares outstanding	129.5M

Metric

Value

Float

116.7M

Shares change (QoQ)

-0.01%

Shares change (YoY)

16.47%

Shares held by insiders

0.81%

Shares held by institutions

50.56%

Shares outstanding

129.5M

TSX/PMZ.UN (TSX/PMZ.UN)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/PMZ.UN

Valuation

Profitability

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All TSX/PMZ.UN indicators

Profile and market data

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Performance and technicals

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Frequently asked questions