Is a complete TSX/DIR.UN research report available?

No complete published report is available for tsx/DIR.UN (TSX/DIR.UN) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSX/DIR.UN (TSX/DIR.UN)

Toronto Stock Exchange: TSX/DIR.UN · CAD

CA$12.8

-0.03 (-0.2%)· Recorded snapshot

Market cap	3.6B
Revenue (ttm)	554.4M
Net income (ttm)	168.5M
EPS (ttm)	CA$0.60
Shares out	280.3M
P/E (trailing)	21.3x
P/E (forward)	12.9x
Dividend	CA$0.72 (5.59%)
Volume	500,420
Beta	1.24

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
CUSIP number	26153W109
Earnings date	2026-11-03
Employees	500
Enterprise value	CAD 6.4B
Exchange	Toronto Stock Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-10-16
Fiscal year end	December
Founded	2012
Industry	REIT - Industrial
Is primary listing	Yes
ISIN number	CA26153W1095
Last earnings date	2025-02-13
Last refreshed	2026-10-28
Market cap	CAD 3.6B
Next earnings date	2026-11-03
Price	CAD 12.83
Price currency	CAD
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	tsx/DIR.UN
Website	https://www.dreamindustrialreit.ca

Metric

Value

Amount currency

CAD

Country

Canada

Country code

CUSIP number

26153W109

Earnings date

2026-11-03

Employees

500

Enterprise value

CAD 6.4B

Exchange

Toronto Stock Exchange

Financial currency

CAD

Financial report date

2026-06-30

First seen

2026-10-16

Fiscal year end

December

Founded

2012

Industry

REIT - Industrial

Is primary listing

Yes

ISIN number

CA26153W1095

Last earnings date

2025-02-13

Last refreshed

2026-10-28

Market cap

CAD 3.6B

Next earnings date

2026-11-03

Price

CAD 12.83

Price currency

CAD

Sector

Real Estate

SIC code

6798

Stock price date

2026-10-28

Symbol

tsx/DIR.UN

Website

https://www.dreamindustrialreit.ca

Metric	Value
Average P/E ratio (10Y)	17.26x
Average P/E ratio (3Y)	22.18x
Average P/E ratio (5Y)	16.65x
Earnings yield	4.69%
EV/Earnings	38.13x
EV/EBIT	18.46x
EV/EBITDA	18.43x
EV/FCF	61.76x
EV/Sales	11.59x
FCF / EV yield	1.62%
FCF yield	2.89%
Forward P/E	12.92x
Graham number	15.08916
Graham upside	17.61%
Industry P/E	15.83x
Lynch fair value	CAD 3.01
Lynch upside	-76.57%
P/(FCF - SBC) ratio	39.06x
P/(OCF - SBC) ratio	17.43x
P/B ratio	0.76x
P/E ratio	21.34x
P/FCF ratio	34.64x
P/FFO ratio	12x
P/OCF ratio	16.49x
P/S ratio	6.5x
PEG ratio	2.33x
Price / tangible book value	0.76x
Price/EBITDA ratio	10.33x
Sector forward P/E	14.33x
Sector P/E	46.8x

Metric

Value

Average P/E ratio (10Y)

17.26x

Average P/E ratio (3Y)

22.18x

Average P/E ratio (5Y)

16.65x

Earnings yield

4.69%

EV/Earnings

38.13x

EV/EBIT

18.46x

EV/EBITDA

18.43x

EV/FCF

61.76x

EV/Sales

11.59x

FCF / EV yield

1.62%

FCF yield

2.89%

Forward P/E

12.92x

Graham number

15.08916

Graham upside

17.61%

Industry P/E

15.83x

Lynch fair value

CAD 3.01

Lynch upside

-76.57%

P/(FCF - SBC) ratio

39.06x

P/(OCF - SBC) ratio

17.43x

P/B ratio

0.76x

P/E ratio

21.34x

P/FCF ratio

34.64x

P/FFO ratio

12x

P/OCF ratio

16.49x

P/S ratio

6.5x

PEG ratio

2.33x

Price / tangible book value

0.76x

Price/EBITDA ratio

10.33x

Sector forward P/E

14.33x

Sector P/E

46.8x

Metric	Value
EBIT margin	62.78%
EBITDA margin	62.9%
Effective tax rate	0.58%
FCF margin	18.77%
Gross margin	78.1%
Operating margin	62.78%
Pretax margin	30.57%
Profit margin	30.4%
Profit per employee	CAD 337,030
Profitable quarters	10
Profitable years	9
Revenue per employee	CAD 1.1M
ROA	2.66%
ROA (5Y)	2.74%
ROCE	4.89%
ROE	3.55%
ROE (5Y)	10.35%
ROIC	4.47%
ROIC (5Y)	4.55%
SBC / revenue	2.12%
Tax / revenue	0.18%

Metric

Value

EBIT margin

62.78%

EBITDA margin

62.9%

Effective tax rate

0.58%

FCF margin

18.77%

Gross margin

78.1%

Operating margin

62.78%

Pretax margin

30.57%

Profit margin

30.4%

Profit per employee

CAD 337,030

Profitable quarters

Profitable years

Revenue per employee

CAD 1.1M

ROA

2.66%

ROA (5Y)

2.74%

ROCE

4.89%

ROE

3.55%

ROE (5Y)

10.35%

ROIC

4.47%

ROIC (5Y)

4.55%

SBC / revenue

2.12%

Tax / revenue

0.18%

Metric	Value
EPS growth	-21.38%
EPS growth (Q)	-35.33%
EPS growth (QoQ)	-52.56%
EPS growth 3Y	0.94%
EPS growth 5Y	-21.03%
EPS growth years	0
Net income growth	-22.54%
Net income growth (Q)	-36.28%
Net income growth (QoQ)	-52.74%
Net income growth 3Y	3.02%
Net income growth 5Y	-16.32%
Net income growth years	0
OCF growth	-31.89%
OCF growth (Q)	-43.03%
OCF growth (QoQ)	124.58%
OCF growth 10Y	13.34%
OCF growth 3Y	-5.21%
OCF growth 5Y	7.35%
Revenue growth	7.56%
Revenue growth (Q)	11.32%
Revenue growth (QoQ)	-2.66%
Revenue growth 10Y	12.1%
Revenue growth 3Y	11.48%
Revenue growth 5Y	16.76%
Revenue growth quarters	35
Revenue growth years	8

Metric

Value

EPS growth

-21.38%

EPS growth (Q)

-35.33%

EPS growth (QoQ)

-52.56%

EPS growth 3Y

0.94%

EPS growth 5Y

-21.03%

EPS growth years

Net income growth

-22.54%

Net income growth (Q)

-36.28%

Net income growth (QoQ)

-52.74%

Net income growth 3Y

3.02%

Net income growth 5Y

-16.32%

Net income growth years

OCF growth

-31.89%

OCF growth (Q)

-43.03%

OCF growth (QoQ)

124.58%

OCF growth 10Y

13.34%

OCF growth 3Y

-5.21%

OCF growth 5Y

7.35%

Revenue growth

7.56%

Revenue growth (Q)

11.32%

Revenue growth (QoQ)

-2.66%

Revenue growth 10Y

12.1%

Revenue growth 3Y

11.48%

Revenue growth 5Y

16.76%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	CAD -114.5M
EBIT	CAD 348M
EBITDA	CAD 348.7M
EPS	CAD 0.60
FCF per share	CAD 0.37
Financing cash flow	CAD -487.3M
Free cash flow	CAD 104.1M
Free cash flow minus SBC	CAD 92.3M
Funds from operations (FFO)	CAD 313.5M
Gross profit	CAD 433M
Income taxes	CAD 982,000
Investing cash flow	CAD 428.7M
Net cash flow	CAD 155M
Net income	CAD 168.5M
Operating cash flow minus SBC	CAD 206.8M
Operating income	CAD 348M
Revenue	CAD 554.4M
Stock-based compensation	CAD 11.8M

Metric

Value

Capital expenditures

CAD -114.5M

EBIT

CAD 348M

EBITDA

CAD 348.7M

EPS

CAD 0.60

FCF per share

CAD 0.37

Financing cash flow

CAD -487.3M

Free cash flow

CAD 104.1M

Free cash flow minus SBC

CAD 92.3M

Funds from operations (FFO)

CAD 313.5M

Gross profit

CAD 433M

Income taxes

CAD 982,000

Investing cash flow

CAD 428.7M

Net cash flow

CAD 155M

Net income

CAD 168.5M

Operating cash flow minus SBC

CAD 206.8M

Operating income

CAD 348M

Revenue

CAD 554.4M

Stock-based compensation

CAD 11.8M

Metric	Value
Book value per share	CAD 16.83
Debt / EBITDA	8.66
Debt / equity	0.64
Debt / FCF	29.02
Interest coverage	3.83
Net cash (debt)	CAD -2.8B
Net cash / market cap	-78.3%
Net debt / EBITDA	8.09
Net debt / equity	0.6
Net debt / FCF	27.12
Piotroski F-Score	6
Property, plant and equipment	CAD 6.8B
Shareholders' equity	CAD 4.7B
Tangible book value	CAD 4.7B
Tangible book value per share	CAD 16.83
Total assets	CAD 8.1B
Total cash	CAD 197.6M
Total debt	CAD 3B
Total liabilities	CAD 3.3B
WACC	7.39%

Metric

Value

Book value per share

CAD 16.83

Debt / EBITDA

8.66

Debt / equity

0.64

Debt / FCF

29.02

Interest coverage

3.83

Net cash (debt)

CAD -2.8B

Net cash / market cap

-78.3%

Net debt / EBITDA

8.09

Net debt / equity

0.6

Net debt / FCF

27.12

Piotroski F-Score

Property, plant and equipment

CAD 6.8B

Shareholders' equity

CAD 4.7B

Tangible book value

CAD 4.7B

Tangible book value per share

CAD 16.83

Total assets

CAD 8.1B

Total cash

CAD 197.6M

Total debt

CAD 3B

Total liabilities

CAD 3.3B

WACC

7.39%

Metric	Value
Asset turnover	0.07
Current ratio	0.33
Net working capital	CAD -114.4M
Quick ratio	0.28
Working capital	CAD -631.7M

Metric

Value

Asset turnover

0.07

Current ratio

0.33

Net working capital

CAD -114.4M

Quick ratio

0.28

Working capital

CAD -631.7M

Metric	Value
Buyback yield / dilution	1.48%
Dividend growth	0.63%
Dividend growth (10Y)	0.06%
Dividend growth (3Y)	0.21%
Dividend growth (5Y)	0.12%
Dividend growth years	0
Dividend payment date	2026-11-13
Dividend payment years	15
Dividend payout frequency	Monthly
Dividend per share	CAD 0.72
Dividend yield	5.59%
Ex-dividend date	2026-10-30
FCF payout ratio	193.24%
Last dividend	CAD 0.06
Payout ratio	101.79%
Shareholder yield	7.07%

Metric

Value

Buyback yield / dilution

1.48%

Dividend growth

0.63%

Dividend growth (10Y)

0.06%

Dividend growth (3Y)

0.21%

Dividend growth (5Y)

0.12%

Dividend growth years

Dividend payment date

2026-11-13

Dividend payment years

Dividend payout frequency

Monthly

Dividend per share

CAD 0.72

Dividend yield

5.59%

Ex-dividend date

2026-10-30

FCF payout ratio

193.24%

Last dividend

CAD 0.06

Payout ratio

101.79%

Shareholder yield

7.07%

Metric	Value
10Y price change	67.67%
10Y return CAGR	11.69%
10Y total return	202.09%
150-day SMA	CAD 13.63
1D price change	-0.23%
1M price change	-0.16%
1M total return	0.31%
1W price change	-1.69%
1W total return	-1.69%
1Y price change	1.43%
1Y return CAGR	7%
1Y total return	6.99%
20-day SMA	CAD 12.80
200-day SMA	CAD 13.48
3M price change	-12.14%
3M total return	-10.99%
3Y price change	10.05%
3Y return CAGR	9.13%
3Y total return	29.97%
50-day SMA	CAD 13.08
50-day SMA vs 200-day SMA	50under200
52-week high	CAD 14.85
52-week high date	2026-07-28
52-week low	CAD 11.81
52-week low date	2025-12-10
5Y price change	-23.75%
5Y return CAGR	-0.06%
5Y total return	-0.28%
6M price change	-7.17%
6M total return	-4.77%
All-time high	CAD 17.60
All-time high date	2021-11-05
All-time low	CAD 6.02
All-time low date	2016-01-20
Average true range (ATR)	CAD 0.23
Average volume	608K
Beta (1Y)	0.84
Beta (2Y)	0.96
Beta (5Y)	1.24
Change from 52-week high	-13.6%
Change from 52-week low	8.68%
Change from all-time high	-27.22%
Change from all-time low	112.79%
Change from open	-0.47%
Day's gap	0.23%
Dollar volume	CAD 6.4M
High price	CAD 12.90
Low price	CAD 12.70
Monthly RSI	49.12
Open price	CAD 12.89
Position in 52-week range	65%
Previous close	CAD 12.86
Price vs 150-day SMA	-6.03%
Price vs 20-day SMA	0.06%
Price vs 200-day SMA	-4.96%
Price vs 50-day SMA	-2.06%
Relative volume	0.82
RSI	46.72
Sharpe ratio	0.24
Sharpe ratio (3Y)	0.27
Sharpe ratio (5Y)	-0.08
Sortino ratio	0.65
Sortino ratio (3Y)	0.68
Sortino ratio (5Y)	0.15
Volume	500.4K
Weekly RSI	40.19
YTD price change	1.83%
YTD total return	5.91%

Metric

Value

10Y price change

67.67%

10Y return CAGR

11.69%

10Y total return

202.09%

150-day SMA

CAD 13.63

1D price change

-0.23%

1M price change

-0.16%

1M total return

0.31%

1W price change

-1.69%

1W total return

-1.69%

1Y price change

1.43%

1Y return CAGR

1Y total return

6.99%

20-day SMA

CAD 12.80

200-day SMA

CAD 13.48

3M price change

-12.14%

3M total return

-10.99%

3Y price change

10.05%

3Y return CAGR

9.13%

3Y total return

29.97%

50-day SMA

CAD 13.08

50-day SMA vs 200-day SMA

50under200

52-week high

CAD 14.85

52-week high date

2026-07-28

52-week low

CAD 11.81

52-week low date

2025-12-10

5Y price change

-23.75%

5Y return CAGR

-0.06%

5Y total return

-0.28%

6M price change

-7.17%

6M total return

-4.77%

All-time high

CAD 17.60

All-time high date

2021-11-05

All-time low

CAD 6.02

All-time low date

2016-01-20

Average true range (ATR)

CAD 0.23

Average volume

608K

Beta (1Y)

0.84

Beta (2Y)

0.96

Beta (5Y)

1.24

Change from 52-week high

-13.6%

Change from 52-week low

8.68%

Change from all-time high

-27.22%

Change from all-time low

112.79%

Change from open

-0.47%

Day's gap

0.23%

Dollar volume

CAD 6.4M

High price

CAD 12.90

Low price

CAD 12.70

Monthly RSI

49.12

Open price

CAD 12.89

Position in 52-week range

65%

Previous close

CAD 12.86

Price vs 150-day SMA

-6.03%

Price vs 20-day SMA

0.06%

Price vs 200-day SMA

-4.96%

Price vs 50-day SMA

-2.06%

Relative volume

0.82

RSI

46.72

Sharpe ratio

0.24

Sharpe ratio (3Y)

0.27

Sharpe ratio (5Y)

-0.08

Sortino ratio

0.65

Sortino ratio (3Y)

0.68

Sortino ratio (5Y)

0.15

Volume

500.4K

Weekly RSI

40.19

YTD price change

1.83%

YTD total return

5.91%

Metric	Value
Float	279.7M
Shares change (QoQ)	-0.39%
Shares change (YoY)	-1.48%
Shares held by insiders	0.2%
Shares held by institutions	32.33%
Shares outstanding	280.3M
Short % of float	0.81%
Short % of shares	0.8%

Metric

Value

Float

279.7M

Shares change (QoQ)

-0.39%

Shares change (YoY)

-1.48%

Shares held by insiders

0.2%

Shares held by institutions

32.33%

Shares outstanding

280.3M

Short % of float

0.81%

Short % of shares

0.8%

TSX/DIR.UN (TSX/DIR.UN)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/DIR.UN

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/DIR.UN indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSX/DIR.UN

Frequently asked questions