SmartCentres Real Estate Investment Trust
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from SmartCentres Real Estate Investment Trust's yearly results (2022–2025), compared with Real Estate companies in Canada. Tap ? on any ratio for what it means.
What stands out
- Self-Funding Ratio: Over the last 3 years its own operating cash covered its investment spending (capex) 245.4 times. Higher than 91% of Real Estate companies in Canada.
Where C$100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
C$120Over the last 3 years, every C$100 of reported profit came with C$120 of operating cash.
Lower than 60% of Real Estate companies in Canada.
Self-Funding Ratio
100×+Over the last 3 years its own operating cash covered its investment spending (capex) 245.4 times.
Higher than 91% of Real Estate companies in Canada.
Cash Locked Ratio
C$6For every C$100 of sales, C$6 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against C$10 from others' credit three years earlier.
Less money tied up than 59% of Real Estate companies in Canada.
Growth quality
Steadiness Ratio
2/3 · 1/3Sales grew in 2 of the last 3 years; profit grew in 1 of 3.
Less steady than 65% of Real Estate companies in Canada.
Growth Efficiency Ratio
−C$242Sales grew 14% in 3 years, but profit fell: C$242 less profit per C$100 of extra sales.
Lower than 84% of Real Estate companies in Canada.
Asset Productivity Ratio
+14% / +4%In 3 years sales changed by +14% while total assets changed by +4%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
0.5×Debt due within a year is covered 0.5 times by its yearly operating cash.
Higher than 66% of Real Estate companies in Canada.
Cash Cushion Ratio
−97%Debt, after subtracting cash, equals 97% of its market value (net debt).
Higher than 63% of Real Estate companies in Canada.
Tangible Assets Ratio
100%Of every C$100 the company owns, C$100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 53% of Real Estate companies in Canada.
Tangible Net Worth Ratio
99%Of every C$100 of net worth, C$99 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 66% of Real Estate companies in Canada.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
SmartCentres Real Estate Investment Trust owes C$0.49 for every C$1 it owns. Net profit rose 6% in the year to Dec 2025, and shrank 21% a year on average over 3 years.
Compared with Real Estate companies in Canada · latest annual results Dec 2025.
P/E ratio
29.6Investors pay C$29.6 for every C$1 of SmartCentres Real Estate Investment Trust's yearly profit, higher than 83% of Real Estate companies in Canada.
P/B ratio
1.05The share price is 1.05 times SmartCentres Real Estate Investment Trust's book value per share, higher than 79% of Real Estate companies in Canada.
Market cap
C$5.3 BThe total market value of all of SmartCentres Real Estate Investment Trust's shares at today's price (share price × number of shares), larger than 92% of Real Estate companies in Canada. PosiCap size class: Meso Cap.
Net worth (book value)
C$5.1 BWhat SmartCentres Real Estate Investment Trust would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
C$25.88Net worth divided by the number of shares. The share price of C$27.22 is 1.1 times this, which is the P/B above.
Return on equity (ROE)
3.1%SmartCentres Real Estate Investment Trust earned 3.1% on its shareholders' money over the last year, lower than 54% of Real Estate companies in Canada.
Owes vs Owns
0.49×SmartCentres Real Estate Investment Trust owes C$0.49 for every C$1 it owns (low), lower than 69% of Real Estate companies in Canada.
Dividend yield
6.84%SmartCentres Real Estate Investment Trust pays 6.84% of its share price as dividends a year, higher than 77% of dividend-paying Real Estate companies in Canada.
Revenue growth
-0%Revenue fell 0% in the year to Dec 2025, and grew 4% a year on average over 3 years.
Profit growth
+6%Net profit rose 6% in the year to Dec 2025, and shrank 21% a year on average over 3 years.
Profit margin
27.6%SmartCentres Real Estate Investment Trust keeps C$28 of every C$100 of revenue as net profit.
Cash quality
1.5×Cash from SmartCentres Real Estate Investment Trust's business was 1.5× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
2.8×SmartCentres Real Estate Investment Trust's operating profit covered its interest costs 2.8 times in the year to Dec 2025.
Cash vs debt
Net debtSmartCentres Real Estate Investment Trust had C$5.2 B more debt than cash (net debt) at Dec 2025.
Questions
What is SmartCentres Real Estate Investment Trust's P/E ratio?
Investors pay C$29.6 for every C$1 of SmartCentres Real Estate Investment Trust's yearly profit, higher than 83% of Real Estate companies in Canada.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For SmartCentres Real Estate Investment Trust: C$5.3 B ÷ C$5.1 B (30 Jun 2026) = 1.1.
What is SmartCentres Real Estate Investment Trust's return on equity?
SmartCentres Real Estate Investment Trust earned 3.1% on its shareholders' money over the last year, lower than 54% of Real Estate companies in Canada.
How much does SmartCentres Real Estate Investment Trust owe compared with what it owns?
SmartCentres Real Estate Investment Trust owes C$0.49 for every C$1 it owns (low), lower than 69% of Real Estate companies in Canada.
Does SmartCentres Real Estate Investment Trust pay a dividend?
Yes. SmartCentres Real Estate Investment Trust pays 6.84% of its share price as dividends a year, higher than 77% of dividend-paying Real Estate companies in Canada.
Is SmartCentres Real Estate Investment Trust's revenue growing?
Revenue fell 0% in the year to Dec 2025, and grew 4% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.