CRR-UN Stock Analysis: Crombie Real Estate | TO
REIT - Diversified | TO, Canada | Market Cap: 3.118m CAD | 12M Return: 11.8% | CA2271071094 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.50M
Rev. Trend: 97.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.8 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
Crombie Real Estate Investment Trust is a Canadian REIT that owns, operates, and develops properties, primarily grocery-anchored retail, retail-related industrial, and mixed-use residential assets. As of June 30, 2026, its portfolio comprised 311 properties and approximately 19.5 million square feet, including its share of joint ventures.
Grocery-anchored retail properties combine shopping space with grocery stores that can serve as regular customer destinations. Crombie was established in 2006 and has a pipeline of future development projects.
- Grocery-anchored leasing supports occupancy and recurring rental growth
- Empire-affiliated tenant concentration ties rent stability to grocery-sector performance
- Higher interest rates raise borrowing costs and pressure REIT valuations
| Net Income: 110.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -1.79 > 1.0 |
| NWC/Revenue: -68.24% < 20% (prev -18.41%; Δ -49.82% < -1%) |
| CFO/TA 0.04 > 3% & CFO 203.0m > Net Income 110.9m |
| Net Debt (2.58b) to EBITDA (318.2m): 8.12 < 3 |
| Current Ratio: 0.32 > 1.5 & < 3 |
| Outstanding Shares: last quarter (187.7m) vs 12m ago 1.48% < -2% |
| Gross Margin: 53.16% > 18% (prev 65.08%; Δ -11.91% > 0.5%) |
| Asset Turnover: 11.39% > 50% (prev 11.16%; Δ 0.24% > 0%) |
| Interest Coverage Ratio: 2.12 > 6 (EBIT TTM 210.9m / Interest Expense TTM 99.7m) |
| A: -0.08 (Total Current Assets 164.8m - Total Current Liabilities 512.1m) / Total Assets 4.55b |
| B: -0.11 (Retained Earnings -502.0m / Total Assets 4.55b) |
| C: 0.05 (EBIT TTM 210.9m / Avg Total Assets 4.47b) |
| D: 0.67 (Book Value of Equity 1.83b / Total Liabilities 2.72b) |
| Altman-Z'' = 0.16 = B |
| DSRI: 0.95 (Receivables 27.9m/28.2m, Revenue 508.9m/489.4m) |
| GMI: 1.22 (GM 65.08% / 53.16%) |
| AQI: 0.98 (AQ_t 0.96 / AQ_t-1 0.98) |
| SGI: 1.04 (Revenue 508.9m / 489.4m) |
| TATA: -0.02 (NI 110.9m - CFO 203.0m) / TA 4.55b) |
| Beneish M = -2.85 (Cap -4..+1) = A |
As of November 12, 2026, the stock is trading at CAD 16.15 with a total of 554,061 shares traded. Over the past week, the price has changed by -1.10%, over one month by +3.49%, over three months by +0.37% and over the past year by +11.83%.
Current recommended Stop Loss: 15.50 (which is 4% or 2.2 ATR below the current price).
Crombie Real Estate has no consensus analysts rating.
P/E Forward = 24.0385
P/S = 6.0669
P/B = 1.7092
P/EG = 7.0987
Revenue TTM = 508.9m CAD
EBIT TTM = 210.9m CAD
EBITDA TTM = 318.2m CAD
Long Term Debt = 2.02b CAD (from longTermDebt, last quarter)
Short Term Debt = 513.1m CAD (from shortTermDebt, last quarter)
Debt = 2.59b CAD (from shortLongTermDebtTotal, last quarter) + Leases 29.0m
Net Debt = 2.58b CAD (calculated: Debt 2.59b - CCE 1.66m)
Enterprise Value = 5.70b CAD (3.12b + Debt 2.59b - CCE 1.66m)
Interest Coverage Ratio = 2.12 (Ebit TTM 210.9m / Interest Expense TTM 99.7m)
EV/FCF = 28.13x (Enterprise Value 5.70b / FCF TTM 202.7m)
FCF Yield = 3.56% (FCF TTM 202.7m / Enterprise Value 5.70b)
FCF Margin = 39.83% (FCF TTM 202.7m / Revenue TTM 508.9m)
Net Margin = 21.79% (Net Income TTM 110.9m / Revenue TTM 508.9m)
Gross Margin = 53.16% ((Revenue TTM 508.9m - Cost of Revenue TTM 238.4m) / Revenue TTM)
Gross Margin QoQ = 17.34% (prev 63.58%)
Tobins Q-Ratio = 1.25 (Enterprise Value 5.70b / Total Assets 4.55b)
Interest Expense / Debt = 3.86% (Interest Expense 99.7m / Debt 2.59b)
Taxrate = 0.00% (3.00k / 116.5m)
NOPAT = 210.9m (EBIT 210.9m * (1 - 0.00%))
Current Ratio = 0.32 (Total Current Assets 164.8m / Total Current Liabilities 512.1m)
Debt / Equity = 1.41 (Debt 2.59b / totalStockholderEquity, last quarter 1.83b)
Debt / EBITDA = 8.12 (Net Debt 2.58b / EBITDA 318.2m)
Debt / FCF = 12.75 (Net Debt 2.58b / FCF TTM 202.7m)
Total Stockholder Equity = 1.84b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.48% (Net Income 110.9m / Total Assets 4.55b)
RoE = 6.03% (Net Income TTM 110.9m / Total Stockholder Equity 1.84b)
RoCE = 5.47% (EBIT 210.9m / Capital Employed (Equity 1.84b + L.T.Debt 2.02b))
RoIC = 4.64% (NOPAT 210.9m / Invested Capital 4.55b)
WACC = 4.70% (E(3.12b)/V(5.70b) * Re(5.41%) + D(2.59b)/V(5.70b) * Rd(3.86%) * (1-Tc(0.00)))
Discount Rate = 5.41% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 99.71 | Cagr: 1.51%
[DCF] Terminal Value 73.10% ; FCFF base≈231.3m ; Y1≈202.8m ; Y5≈163.9m
[DCF] Fair Price = 0.42 (EV 2.63b - Net Debt 2.58b = Equity 46.3m / Shares 111.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
Revenue Correlation: 97.69 | Revenue CAGR: 5.93% | SUE: -0.14 | # QB: 0
EPS current Year (2026-12-31): EPS=0.63 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+0.3% | GrowthRev=+4.8%
EPS next Year (2027-12-31): EPS=0.69 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=+9.5% | GrowthRev=+3.1%