Valuation Artis Real Estate Investment Trust Toronto S.E.

Stocks

Market Closed - Toronto S.E. 14:43:37 2026-09-30 EDT			5-day change	1st Jan Change
23.75 ^CAD	+1.06%		-2.06%	+13.64%

09-15	RFA Financial Maintains Quarterly Dividend at CA$0.33 Per Share	MT
09-15	Rfa Financial Declares Common Share Dividends, Payable on October 15, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	1,440	1,487	1,043	715.7	744.6	768.7
Change	-	3.3%	-29.85%	-31.4%	4.04%	3.23%
Enterprise Value (EV) ¹	3,803	3,232	3,230	2,593	1,848	1,730
Change	-	-15.03%	-0.04%	-19.73%	-28.75%	-6.38%
P/E	428x	4.18x	-46.7x	-2.14x	-12.8x	-4.65x
PBR	0.7x	0.68x	0.51x	0.47x	0.53x	0.71x
PEG	-	0x	0x	-0x	0.2x	-0x
Capitalization / Revenue	3.09x	3.49x	2.5x	2.66x	3.61x	3.27x
EV / Revenue	8.17x	7.59x	7.75x	9.65x	8.95x	7.36x
EV / EBITDA	14.3x	13.9x	13x	23.3x	30.1x	16.3x
EV / EBIT	14.4x	14x	13.1x	23.6x	30.7x	16.5x
EV / FCF	13.9x	16.9x	-18.6x	-12x	5.03x	243x
FCF Yield	7.17%	5.9%	-5.38%	-8.31%	19.9%	0.41%
Dividend per Share ²	1.624	1.778	1.8	1.8	1.8	-
Rate of return	5.08%	4.96%	6.66%	9.05%	8.15%	-
EPS ²	0.0747	8.579	-0.5793	-9.302	-1.725	-5.165
Distribution rate	2,173%	20.7%	-311%	-19.4%	-104%	-
Net sales ¹	465.5	425.8	416.8	268.6	206.5	234.9
EBITDA ¹	265.1	232.7	247.9	111.1	61.39	106.3
EBIT ¹	263.7	231.4	246.6	109.8	60.19	104.7
Net income ¹	21.54	389.2	-5.294	-332.1	-47.41	-155.7
Net Debt ¹	2,364	1,745	2,187	1,877	1,103	961
Reference price ²	31.98	35.82	27.03	19.89	22.08	24.03
Nbr of stocks (in thousands)	45,019	41,518	38,599	35,984	33,724	31,989
Announcement Date	3/2/21	3/3/22	2/28/23	2/29/24	3/6/25	3/4/26

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
JPMORGAN CHASE & CO.	13.07x	-	-	1.92%	879B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	6.38x	-	-	4.86%	418B
BANK OF AMERICA CORPORATION	11.77x	-	-	2.19%	381B
AGRICULTURAL BANK OF CHINA LIMITED	6.76x	-	-	4.69%	358B
HSBC HOLDINGS PLC	12.16x	-	-	4.28%	340B
CHINA CONSTRUCTION BANK CORPORATION	6.31x	-	-	4.89%	336B
BANK OF CHINA LIMITED	6.89x	-	-	4.62%	304B
ROYAL BANK OF CANADA	17.25x	-	-	2.44%	273B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	14.75x	-	-	2.67%	265B
Average	10.59x			3.62%	394.9B
Weighted average by Cap.	10.70x			3.41%