P

Primaris Real Estate Investment Trust
TSX:PMZ.UN

Watchlist Manager
Primaris Real Estate Investment Trust
TSX:PMZ.UN
Watchlist
Price: 15.84 CAD 4.62% Market Closed
Market Cap: 1.6B CAD
Have any thoughts about
Primaris Real Estate Investment Trust?
Write Note

Primaris Real Estate Investment Trust
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Primaris Real Estate Investment Trust
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
P
Primaris Real Estate Investment Trust
TSX:PMZ.UN
Operating Income
CA$196.9m
CAGR 3-Years
18%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Choice Properties Real Estate Investment Trust
TSX:CHP.UN
Operating Income
-CA$373.9m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
CT Real Estate Investment Trust
TSX:CRT.UN
Operating Income
CA$432.2m
CAGR 3-Years
4%
CAGR 5-Years
3%
CAGR 10-Years
8%
RioCan Real Estate Investment Trust
TSX:REI.UN
Operating Income
CA$661.6m
CAGR 3-Years
-4%
CAGR 5-Years
0%
CAGR 10-Years
-1%
First Capital Real Estate Investment Trust
TSX:FCR.UN
Operating Income
CA$379.1m
CAGR 3-Years
3%
CAGR 5-Years
-2%
CAGR 10-Years
N/A
SmartCentres Real Estate Investment Trust
TSX:SRU.UN
Operating Income
CA$478.2m
CAGR 3-Years
4%
CAGR 5-Years
0%
CAGR 10-Years
3%
No Stocks Found

Primaris Real Estate Investment Trust
Glance View

Market Cap
1.5B CAD
Industry
Real Estate

Primaris Real Estate Investment Trust stands tall in the realm of retail real estate, weaving a compelling narrative of strategic focus and operational expertise. Born out of a keen understanding of Canadian commercial landscapes, Primaris centers its operations on acquiring, managing, and developing retail properties, notably major enclosed shopping malls. This focus allows it to capitalize on consistent foot traffic, deriving revenue from both rental income from its diverse tenant base and ancillary activities like parking and advertising within its properties. By optimizing tenant mix and enhancing the shopping experience, Primaris ensures that its properties remain attractive destinations for shoppers, thereby maintaining steady occupancy levels and rental growth. The company's success is intricately tied to its adeptness in financial management and property enhancement. Through proactive property management and capital recycling initiatives, Primaris ensures that underperforming assets are divested while value-enhancing investments are made into promising properties. This strategy not only maximizes returns but also fortifies its portfolio against market fluctuations. Furthermore, Primaris leverages its scale to negotiate favorable lease agreements and secure cost efficiencies. As it continues to expand its footprint across Canada, the REIT remains committed to its core philosophy—solidifying its position in the retail sector while delivering sustainable returns to its investors.

PMZ.UN Intrinsic Value
22.37 CAD
Undervaluation 29%
Intrinsic Value
Price
P

See Also

What is Primaris Real Estate Investment Trust's Operating Income?
Operating Income
196.9m CAD

Based on the financial report for Dec 31, 2023, Primaris Real Estate Investment Trust's Operating Income amounts to 196.9m CAD.

What is Primaris Real Estate Investment Trust's Operating Income growth rate?
Operating Income CAGR 3Y
18%

Over the last year, the Operating Income growth was 7%. The average annual Operating Income growth rates for Primaris Real Estate Investment Trust have been 18% over the past three years .

Back to Top