True North Commercial Stock Performance
| TNT-UN Stock | CAD 11.52 0.16 1.41% |
On a scale of 0 to 100, True North holds a performance score of 5. The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, True North's returns are expected to increase less than the market. However, during the bear market, the loss of holding True North is expected to be smaller as well. Please check True North's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether True North's existing price patterns will revert.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in True North Commercial are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, True North sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 6.4079 | Last Split Factor 173:1000 | Dividend Date 2023-11-15 | Ex Dividend Date 2023-10-30 | Last Split Date 2023-11-24 |
1 | True North Commercial REIT PT Raised to C12.00 at Canaccord Genuity Group - MarketBeat | 09/23/2024 |
2 | True North Strong Leasing Quarter Reduces Risk - Seeking Alpha | 11/14/2024 |
| Begin Period Cash Flow | 9.5 M |
True |
True North Relative Risk vs. Return Landscape
If you would invest 1,043 in True North Commercial on August 31, 2024 and sell it today you would earn a total of 109.00 from holding True North Commercial or generate 10.45% return on investment over 90 days. True North Commercial is generating 0.2107% of daily returns and assumes 3.3189% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than True, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
True North Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for True North's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as True North Commercial, and traders can use it to determine the average amount a True North's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0635
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Estimated Market Risk
| 3.32 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average True North is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of True North by adding it to a well-diversified portfolio.
True North Fundamentals Growth
True Stock prices reflect investors' perceptions of the future prospects and financial health of True North, and True North fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on True Stock performance.
| Return On Equity | -0.11 | ||||
| Return On Asset | 0.0297 | ||||
| Profit Margin | (0.39) % | ||||
| Operating Margin | 0.49 % | ||||
| Current Valuation | 918.19 M | ||||
| Shares Outstanding | 14.21 M | ||||
| Price To Earning | 8.80 X | ||||
| Price To Book | 0.37 X | ||||
| Price To Sales | 1.27 X | ||||
| Revenue | 132.2 M | ||||
| Gross Profit | 86.48 M | ||||
| EBITDA | (7.8 M) | ||||
| Net Income | (40.62 M) | ||||
| Cash And Equivalents | 1.89 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 820.99 M | ||||
| Debt To Equity | 162.50 % | ||||
| Current Ratio | 0.06 X | ||||
| Book Value Per Share | 28.88 X | ||||
| Cash Flow From Operations | 73.94 M | ||||
| Earnings Per Share | (0.83) X | ||||
| Market Capitalization | 166.21 M | ||||
| Total Asset | 1.32 B | ||||
| Retained Earnings | (109.09 M) | ||||
| Working Capital | (101.11 M) | ||||
About True North Performance
By analyzing True North's fundamental ratios, stakeholders can gain valuable insights into True North's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if True North has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if True North has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 332.42 | 349.04 | |
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | 0.06 | 0.03 | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.09) | (0.09) |
Things to note about True North Commercial performance evaluation
Checking the ongoing alerts about True North for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for True North Commercial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| True North had very high historical volatility over the last 90 days | |
| True North has high likelihood to experience some financial distress in the next 2 years | |
| True North has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| True North Commercial has accumulated 820.99 M in total debt with debt to equity ratio (D/E) of 162.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. True North Commercial has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist True North until it has trouble settling it off, either with new capital or with free cash flow. So, True North's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like True North Commercial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for True to invest in growth at high rates of return. When we think about True North's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 132.2 M. Net Loss for the year was (40.62 M) with profit before overhead, payroll, taxes, and interest of 86.48 M. | |
| Latest headline from news.google.com: True North Strong Leasing Quarter Reduces Risk - Seeking Alpha |
- Analyzing True North's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether True North's stock is overvalued or undervalued compared to its peers.
- Examining True North's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating True North's management team can have a significant impact on its success or failure. Reviewing the track record and experience of True North's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of True North's stock. These opinions can provide insight into True North's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for True Stock analysis
When running True North's price analysis, check to measure True North's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy True North is operating at the current time. Most of True North's value examination focuses on studying past and present price action to predict the probability of True North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True North's price. Additionally, you may evaluate how the addition of True North to your portfolios can decrease your overall portfolio volatility.
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