TSX/GRT.UN (TSX/GRT.UN)

Toronto Stock Exchange: TSX/GRT.UN · CAD

CA$84.6

+0.30 (+0.4%)· Recorded snapshot

Market cap	5.3B
Revenue (ttm)	644.4M
Net income (ttm)	364.8M
EPS (ttm)	CA$5.95
Shares out	62.1M
P/E (trailing)	14.2x
P/E (forward)	13.5x
Dividend	CA$3.55 (4.20%)
Volume	41,495
Beta	1.08

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 644.4M
Net income (ttm): 364.8M
EPS (ttm): CA$5.95
P/E (trailing): 14.2x
P/E (forward): 13.5x
Market cap: 5.3B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-29 19:55 UTC

Forward P/E13.5

P25 n/aP50 n/aP75 n/a

Trailing P/E14.2

P25 n/aP50 n/aP75 n/a

ROE6.5

P25 n/aP50 n/aP75 n/a

ROIC4.9

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TSX/GRT.UN indicators

Market & fundamental data

Available fields

220

Groups with data

Currency

CAD

Showing 220 of 220 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	2026-11-04
Employees	70
Employees change	1
Employees growth	1.45%
Enterprise value	CAD 8.4B
Exchange	Toronto Stock Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2003
Industry	REIT - Industrial
Is primary listing	Yes
ISIN number	CA3874372053
Last earnings date	2026-08-05
Last refreshed	2026-10-29
Market cap	CAD 5.3B
Next earnings date	2026-11-04
Price	CAD 84.60
Price currency	CAD
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-29
Symbol	tsx/GRT.UN
Website	https://www.granitereit.com

Valuation

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

Metric	Value
Earnings yield	7.03%
EV/Earnings	22.91x
EV/EBIT	17.76x
EV/EBITDA	17.72x
EV/FCF	21.94x
EV/Sales	12.97x
FCF / EV yield	4.56%
FCF yield	7.28%
Forward P/E	13.46x
Graham number	112.20835
Graham upside	32.89%
Industry P/E	15.81x
Lynch fair value	CAD 29.73
Lynch upside	-64.8%
P/(FCF - SBC) ratio	14.53x
P/(OCF - SBC) ratio	14.52x
P/B ratio	0.9x
P/E ratio	14.23x
P/FCF ratio	13.74x
P/FFO ratio	13.62x
P/OCF ratio	13.73x
P/S ratio	8.12x
PEG ratio	2.19x
Price / tangible book value	0.91x
Price/EBITDA ratio	11.1x
Sector forward P/E	14.25x
Sector P/E	45.96x

Profitability

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

Metric	Value
EBIT margin	73%
EBITDA margin	73.18%
Effective tax rate	6.99%
FCF margin	59.11%
Gross margin	82.07%
Operating margin	73%
Pretax margin	60.95%
Profit margin	56.6%
Profit per employee	CAD 5.2M
Profitable quarters	14
Profitable years	15
Revenue per employee	CAD 9.2M
ROA	3.05%
ROA (5Y)	2.68%
ROCE	5.36%
ROE	6.53%
ROE (5Y)	9.29%
ROIC	4.9%
ROIC (5Y)	4.4%
SBC / revenue	3.21%
Tax / revenue	4.26%

Growth

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

Metric	Value
EPS growth	7.79%
EPS growth (Q)	-27.21%
EPS growth (QoQ)	-24.15%
EPS growth 10Y	3.76%
EPS growth 5Y	-13.79%
EPS growth years	0
Net income growth	9.15%
Net income growth (Q)	-26.29%
Net income growth (QoQ)	-23.26%
Net income growth 5Y	-14.95%
Net income growth years	0
OCF growth	5.98%
OCF growth (Q)	6.06%
OCF growth (QoQ)	-20.85%
OCF growth 10Y	8.44%
OCF growth 3Y	8.83%
OCF growth 5Y	8.09%
Revenue growth	8.66%
Revenue growth (Q)	9.76%
Revenue growth (QoQ)	-1.21%
Revenue growth 10Y	11.22%
Revenue growth 3Y	9.03%
Revenue growth 5Y	11.67%
Revenue growth quarters	35
Revenue growth years	8

Financial statements

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

Metric	Value
Capital expenditures	CAD -220,000
Depreciation and amortization	CAD 1.1M
EBIT	CAD 470.5M
EBITDA	CAD 471.6M
EPS	CAD 5.95
FCF per share	CAD 6.14
Financing cash flow	CAD -305.9M
Free cash flow	CAD 380.9M
Free cash flow minus SBC	CAD 360.2M
Funds from operations (FFO)	CAD 377.6M
Gross profit	CAD 528.9M
Income taxes	CAD 27.4M
Investing cash flow	CAD -61.9M
Net cash flow	CAD 8.2M
Net income	CAD 364.8M
Operating cash flow minus SBC	CAD 360.4M
Operating income	CAD 470.5M
Revenue	CAD 644.4M
Stock-based compensation	CAD 20.7M

Financial strength

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

Metric	Value
Book value per share	CAD 94.13
Debt / EBITDA	6.8
Debt / equity	0.55
Debt / FCF	8.42
Interest coverage	4.81
Net cash (debt)	CAD -3.1B
Net cash / market cap	-59.45%
Net debt / EBITDA	6.6
Net debt / equity	0.54
Net debt / FCF	8.17
Piotroski F-Score	5
Property, plant and equipment	CAD 9.6B
Shareholders' equity	CAD 5.8B
Tangible book value	CAD 5.8B
Tangible book value per share	CAD 94.13
Total assets	CAD 9.8B
Total cash	CAD 94.6M
Total debt	CAD 3.2B
Total liabilities	CAD 4B
WACC	7.41%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.07
Current ratio	0.18
Net working capital	CAD -83.8M
Quick ratio	0.1
Working capital	CAD -836M

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-1.26%
Dividend growth	4.3%
Dividend growth years	1
Dividend payment date	2026-11-16
Dividend payment years	3
Dividend payout frequency	Monthly
Dividend per share	CAD 3.55
Dividend yield	4.2%
Ex-dividend date	2026-10-30
FCF payout ratio	57.85%
Last dividend	CAD 0.30
Payout ratio	57.77%
Shareholder yield	2.95%

Performance and technicals

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

Metric	Value
150-day SMA	CAD 90.73
1D price change	0.36%
1M price change	-1.36%
1M total return	-1.01%
1W price change	-0.21%
1W total return	-0.21%
1Y price change	5.76%
1Y return CAGR	10.14%
1Y total return	10.14%
20-day SMA	CAD 84.42
200-day SMA	CAD 89.88
3M price change	-14.44%
3M total return	-13.59%
50-day SMA	CAD 85.66
50-day SMA vs 200-day SMA	50under200
52-week high	CAD 101.50
52-week high date	2026-07-20
52-week low	CAD 75.00
52-week low date	2025-11-20
6M price change	-7.98%
6M total return	-6.19%
All-time high	CAD 101.50
All-time high date	2026-07-20
All-time low	CAD 55.25
All-time low date	2025-04-07
Average true range (ATR)	CAD 1.63
Average volume	73.9K
Beta (1Y)	0.9
Beta (2Y)	0.89
Beta (5Y)	1.08
Change from 52-week high	-16.65%
Change from 52-week low	12.8%
Change from all-time high	-16.93%
Change from all-time low	52.62%
Change from open	-0.05%
Day's gap	0.4%
Dollar volume	CAD 3.5M
High price	CAD 85.17
Low price	CAD 84.03
Monthly RSI	53.04
Open price	CAD 84.64
Position in 52-week range	50%
Previous close	CAD 84.30
Price vs 150-day SMA	-7.07%
Price vs 20-day SMA	-0.12%
Price vs 200-day SMA	-6.18%
Price vs 50-day SMA	-1.56%
Relative volume	0.56
RSI	46.99
Sharpe ratio	0.38
Sortino ratio	0.82
Volume	41.5K
Weekly RSI	40.58
YTD price change	3.19%
YTD total return	6.29%

Ownership and float

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

Metric	Value
Float	61.8M
Shares change (QoQ)	1.17%
Shares change (YoY)	1.26%
Shares held by insiders	0.44%
Shares held by institutions	35.26%
Shares outstanding	62.1M
Short % of shares	0.46%

Deeper analysis on TSX/GRT.UN

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

Forecast

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

→

Valuation

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

→

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.

→

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/GRT.UN report

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

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

TSX/GRT.UN (TSX/GRT.UN)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/GRT.UN

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/GRT.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/GRT.UN

Frequently asked questions