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.

Financial snapshot

Revenue (ttm): 698.6M
Net income (ttm): 129.9M
EPS (ttm): CA$0.86
P/E (trailing): 25.8x
P/E (forward): 16.1x
Market cap: 2.9B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E16.1

P25 n/aP50 n/aP75 n/a

Trailing P/E25.8

P25 n/aP50 n/aP75 n/a

ROE5.4

P25 n/aP50 n/aP75 n/a

ROIC4.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TSX/PMZ.UN indicators

Market & fundamental data

Available fields

213

Groups with data

Currency

CAD

Showing 213 of 213 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

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

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

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

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

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%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

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

Financial statements

Income-statement and cash-flow amounts, totals and per share.

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

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

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%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

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

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

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%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

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%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

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

Deeper analysis on TSX/PMZ.UN

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this TSX/PMZ.UN report

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

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

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

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/PMZ.UN

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/PMZ.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/PMZ.UN

Frequently asked questions