CHP-UN Stock Analysis: Choice Properties Real | TO
REIT - Retail | TO, Canada | Market Cap: 10.778m CAD | 12M Return: 11.2% | CA17039A1066 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.91M
Rev. Trend: 90.0%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Choice Properties Real Estate Investment Trust is a Canadian owner, operator and developer of commercial and residential properties, established in 2013. It emphasizes long-term value creation, sustainability and community engagement.
As a retail REIT, it owns commercial real estate leased to tenants; rental income is a central part of the sector’s business model.
- Grocery-anchored leasing and rent escalators support recurring income
- Loblaw concentration heightens exposure to tenant and retail trends
- Borrowing costs and refinancing pressure funds from operations
| Net Income: -74.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.78 > 1.0 |
| NWC/Revenue: -37.40% < 20% (prev -41.90%; Δ 4.50% < -1%) |
| CFO/TA 0.04 > 3% & CFO 683.3m > Net Income -74.3m |
| Net Debt (6.75b) to EBITDA (342.0m): 19.72 < 3 |
| Current Ratio: 0.46 > 1.5 & < 3 |
| Outstanding Shares: last quarter (723.8m) vs 12m ago 0.0% < -2% |
| Gross Margin: 71.43% > 18% (prev 71.75%; Δ -0.32% > 0.5%) |
| Asset Turnover: 8.09% > 50% (prev 7.80%; Δ 0.29% > 0%) |
| Interest Coverage Ratio: 0.91 > 6 (EBIT TTM 340.1m / Interest Expense TTM 372.9m) |
| A: -0.03 (Total Current Assets 457.6m - Total Current Liabilities 997.1m) / Total Assets 18.0b |
| B: 0.16 (Retained Earnings 2.84b / Total Assets 18.0b) |
| C: 0.02 (EBIT TTM 340.1m / Avg Total Assets 17.8b) |
| D: 0.57 (Book Value of Equity 4.19b / Total Liabilities 7.30b) |
| Altman-Z'' = 1.05 = BB |
As of November 01, 2026, the stock is trading at CAD 14.74 with a total of 1,013,870 shares traded. Over the past week, the price has changed by +4.51%, over one month by +4.93%, over three months by -0.82% and over the past year by +11.18%.
Current recommended Stop Loss: 14.30 (which is 3% or 1.7 ATR below the current price).
Choice Properties Real has no consensus analysts rating.
P/E Forward = 13.7741
P/S = 7.4018
P/B = 1.0349
Revenue TTM = 1.44b CAD
EBIT TTM = 340.1m CAD
EBITDA TTM = 342.0m CAD
Long Term Debt = 5.72b CAD (from longTermDebt, last quarter)
Short Term Debt = 997.1m CAD (from shortTermDebt, last quarter)
Debt = 6.79b CAD (from shortLongTermDebtTotal, last quarter) + Leases 4.37m
Net Debt = 6.75b CAD (calculated: Debt 6.79b - CCE 45.7m)
Enterprise Value = 17.5b CAD (10.8b + Debt 6.79b - CCE 45.7m)
Interest Coverage Ratio = 0.91 (Ebit TTM 340.1m / Interest Expense TTM 372.9m)
EV/FCF = 29.39x (Enterprise Value 17.5b / FCF TTM 596.2m)
FCF Yield = 3.40% (FCF TTM 596.2m / Enterprise Value 17.5b)
FCF Margin = 41.32% (FCF TTM 596.2m / Revenue TTM 1.44b)
Net Margin = -5.15% (Net Income TTM -74.3m / Revenue TTM 1.44b)
Gross Margin = 71.43% ((Revenue TTM 1.44b - Cost of Revenue TTM 412.2m) / Revenue TTM)
Gross Margin QoQ = 70.64% (prev 70.90%)
Tobins Q-Ratio = 0.98 (Enterprise Value 17.5b / Total Assets 18.0b)
Interest Expense / Debt = 5.49% (Interest Expense 372.9m / Debt 6.79b)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = 255.1m (EBIT 340.1m * (1 - 25.00%))
Current Ratio = 0.46 (Total Current Assets 457.6m / Total Current Liabilities 997.1m)
Debt / Equity = 1.62 (Debt 6.79b / totalStockholderEquity, last quarter 4.19b)
Debt / EBITDA = 19.72 (Net Debt 6.75b / EBITDA 342.0m)
Debt / FCF = 11.32 (Net Debt 6.75b / FCF TTM 596.2m)
Total Stockholder Equity = 6.00b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.42% (Net Income -74.3m / Total Assets 18.0b)
RoE = -1.24% (Net Income TTM -74.3m / Total Stockholder Equity 6.00b)
RoCE = 2.90% (EBIT 340.1m / Capital Employed (Equity 6.00b + L.T.Debt 5.72b))
RoIC = 1.42% (NOPAT 255.1m / Invested Capital 17.9b)
WACC = 4.74% (E(10.8b)/V(17.6b) * Re(5.13%) + D(6.79b)/V(17.6b) * Rd(5.49%) * (1-Tc(0.25)))
Discount Rate = 5.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.82 | Cagr: 0.01%
[DCF] Terminal Value 73.10% ; FCFF base≈648.3m ; Y1≈568.5m ; Y5≈459.3m
[DCF] Fair Price = 1.91 (EV 7.37b - Net Debt 6.75b = Equity 627.2m / Shares 328.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
Revenue Correlation: 89.98 | Revenue CAGR: 3.03% | SUE: -1.01 | # QB: -1
EPS current Year (2026-12-31): EPS=0.38 | Chg30d=-51.90% | Revisions=-25% | GrowthEPS=-34.4% | GrowthRev=+8.2%
EPS next Year (2027-12-31): EPS=1.04 | Chg30d=-0.95% | Revisions=-25% | GrowthEPS=+173.7% | GrowthRev=+20.8%