Pro Real Estate Investment Trust chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.53
Dividend & Yield0.45C$ (7.59%)
Beta 1.7
Market capitalization 349.49M
Operating cash flow 30M
ESG Scores unknown

Company description

PROREIT is an unincorporated open-ended real estate investment trust owning a diversified portfolio of 92 commercial properties across Canada representing over 4.5 million square feet of GLA. Established in March 2013, PROREIT is mainly focused on strong primary and secondary markets in Québec, Atlantic Canada and Ontario, with selective exposure in Western Canada.

Sector: Real Estate - Industry: REIT—Diversified

Financial Ratios
Quick Ratio0.19
Working Capital-1.88
Return On Equity0.19
Debt To Equity1.15
Fixed Asset Ratio0
Fixed Interest Cover2.1

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 772k 531k -1.23M 3.24M
Total Cashflows From Investing Activities -119.88M -115.7M -5.64M -281.61M
Net Borrowings 57.8M 66.6M 2.16M 150.24M
Total Cash From Financing Activities 106.16M 99.45M -16.81M 252.01M
Change To Operating Activities
Issuance Of Stock 69.04M 57.56M 133.29M 133.29M
Net Income 18.77M 14.97M 21.07M 81.84M
Change In Cash 372k 1.19M 957k -315k
Effect Of Exchange Rate
Total Cash From Operating Activities 14.1M 17.43M 23.41M 29.28M
Depreciation 237k 569k 671k 729k
Change To Account Receivables 1.27M 896k 2.24M 1.38M
Other Cashflows From Financing Activities -7.01M -6.27M -929k -10.02M
Change To Netincome -7.67M -563k -688k -59.51M
Capital Expenditures -151k -151k -327k -273k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 18.77M 14.97M 21.07M 81.84M
Net Income 18.77M 14.97M 21.07M 81.84M
Selling General Administrative 1.84M 2.32M 3.33M 4.35M
Gross Profit 26.05M 35.48M 40.53M 46.28M
Ebit 22.64M 28.08M 34.68M 36.82M
Operating Income 22.64M 28.08M 34.68M 36.82M
Interest Expense -11.45M -15.15M -16.31M -17.55M
Income Tax Expense
Total Revenue 40.89M 57.63M 69.81M 77.67M
Cost Of Revenue 14.84M 22.15M 29.28M 31.39M
Total Other Income ExpenseNet -3.87M -13.11M -13.61M 45.03M
Net Income From Continuing Ops 18.77M 14.97M 21.07M 81.84M
Net Income Applicable To Common Shares 18.77M 14.97M 21.07M 81.84M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 325.38M 399.13M 391.28M 560.27M
Total Stockholder Equity 184.28M 235.61M 243.2M 429.69M
Other Current Liabilities 4.75M 5.42M 5.2M 8.14M
Total Assets 509.66M 634.74M 634.48M 989.96M
Common Stock 174.79M 231.5M 236.88M 363.04M
Other Current Assets 1.19M 1.51M 1.21M 2.1M
Retained Earnings 9.49M 4.12M 6.32M 66.66M
Treasury Stock
Cash 4.12M 5.3M 6.26M 5.94M
Total Current Liabilities 66.2M 51.04M 51.33M 53.83M
Other Stockholder Equity
Property, Plant, and Equipment 494.8M 618.31M 619.71M 975.79M
Total Current Assets 9.76M 11.7M 10.41M 10.18M
Net Tangible Assets 179.18M 230.88M 238.84M 425.71M
Net Receivables 4.45M 4.88M 2.95M 2.14M
Accounts Payable 1.09M 1.95M 2.3M 4.76M


Insider Transactions

Here are the insider transactions of stock shares related to Pro Real Estate Investment Trust:

Filer Name Transaction Text Ownership Date Filer Relation Shares
McAloon (Michael Andrew)Acquisition or disposition in the public market at price 4.81 per share.I2022-08-31Director or Senior Officer of 10% Security Holder4.1k
McAloon (Michael Andrew)Acquisition or disposition in the public market at price 4.85 per share.I2022-08-30Director or Senior Officer of 10% Security Holder3.8k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.16 per share.D2022-08-17Senior Officer of Issuer1.8k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.15 per share.D2022-08-17Senior Officer of Issuer1.8k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.14 per share.D2022-08-17Senior Officer of Issuer1.9k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.14 per share.D2022-08-17Senior Officer of Issuer600
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.13 per share.D2022-08-17Senior Officer of Issuer500
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.12 per share.D2022-08-17Senior Officer of Issuer1.7k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.11 per share.D2022-08-17Senior Officer of Issuer200
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.14 per share.I2022-08-17Senior Officer of Issuer500
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.12 per share.I2022-08-17Senior Officer of Issuer1k
Cote (Martin)Acquisition or disposition in the public market at price 4.98 per share.I2022-06-27Director of Issuer7.75k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 4.79 per share.I2022-06-23Senior Officer of Issuer4k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 4.79 per share.D2022-06-23Senior Officer of Issuer600
Lawlor (Gordon G)Acquisition or disposition in the public market at price 4.81 per share.D2022-06-23Senior Officer of Issuer3.4k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.92 per share.I2022-03-30Senior Officer of Issuer1.2k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.91 per share.I2022-03-30Senior Officer of Issuer2.7k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.90 per share.I2022-03-30Senior Officer of Issuer300
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.93 per share.D2022-03-30Senior Officer of Issuer2.5k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.92 per share.D2022-03-30Senior Officer of Issuer4.6k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.91 per share.D2022-03-30Senior Officer of Issuer2.4k
Bragg (Matthew John)D2022-01-01Director or Senior Officer of 10% Security Holder
Cote (Martin)Acquisition or disposition under a purchase/ownership plan at price 4.82 per share.I2021-12-31Director of Issuer396
Aghar (Peter)Acquisition or disposition in the public market at price 4.91 per share.I2021-12-17Director of Issuer10k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.42 per share.D2021-11-16Senior Officer of Issuer7.5k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.47 per share.D2021-11-15Senior Officer of Issuer5k
Lawlor (Gordon G)Acquisition or disposition in the public market at price 5.47 per share.I2021-11-15Senior Officer of Issuer4.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Pro Real Estate Investment Trust. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Pro Real Estate Investment Trust

Here is the result of two systematic investment strategies applied to Pro Real Estate Investment Trust. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Pro Real Estate Investment Trust

The following chart shows the equity curve of the two systematic investment strategies applied to Pro Real Estate Investment Trust:

Pro Real Estate Investment Trust automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -0.14% on the backtest period.

Performance at glance

Performance

-0.14 %

Latent gain

-1.08 C$

Invested capital

757.08 C$

Annualized return

-0.11 %
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Momentum strategy results on Pro Real Estate Investment Trust

This is the result of two momentum investment strategies applied to Pro Real Estate Investment Trust. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Pro Real Estate Investment Trust

The following chart shows all the entries opened by the momentum investment system on Pro Real Estate Investment Trust:

Pro Real Estate Investment Trust momentum entries
  • The first momentum investment strategy would give 1.19% of return on Pro Real Estate Investment Trust. That represents 20.87C$ of latent gain with 1747.63C$ of employed capital.
  • The second momentum investment strategy would give -0.37% of return on Pro Real Estate Investment Trust. That represents -2.76C$ of latent gain with 745.26C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

1.19 %

Latent gain

20.87 C$

Invested capital

1747.63 C$

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

-0.37 %

Latent gain

-2.76 C$

Invested capital

745.26 C$

Annualized return

-0.44 %

Momentum equity curve on Pro Real Estate Investment Trust

The following chart shows the equity curve of the two momentum strategies applied to Pro Real Estate Investment Trust:

Pro Real Estate Investment Trust momentum equity

Note: the dividends potentially given by Pro Real Estate Investment Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Pro Real Estate Investment Trust

The following chart shows the employed capital evolution of the two momentum strategies on Pro Real Estate Investment Trust since the beginning:

Pro Real Estate Investment Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on Pro Real Estate Investment Trust

Buy the dip entry openings on Pro Real Estate Investment Trust

Pro Real Estate Investment Trust

The performance achieved by the robo-advisor on Pro Real Estate Investment Trust is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows Pro Real Estate Investment Trust stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Pro Real Estate Investment Trust, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Equity curve of the strategy applied to Pro Real Estate Investment Trust

The following chart shows the result of the investment strategy applied to Pro Real Estate Investment Trust:

Pro Real Estate Investment Trust

Note: the dividends potentially given by Pro Real Estate Investment Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Pro Real Estate Investment Trust

The following chart shows the employed capital evolution since the beginning of the investment strategy on Pro Real Estate Investment Trust:

Pro Real Estate Investment Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Pro Real Estate Investment Trust

In this section, I will compare the three previous investment strategies applied to Pro Real Estate Investment Trust.

Equity curve comparison on Pro Real Estate Investment Trust

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Pro Real Estate Investment Trust investment strategy comparison

Employed capital comparison on Pro Real Estate Investment Trust

Pro Real Estate Investment Trust investment comparison

Performance comparison on Pro Real Estate Investment Trust

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -0.14% -1.08C$ 757.08C$ -0.11%
Momentum 1 quarter 1.19% 20.87C$ 1747.63C$ 1.1%
Momentum 2 quarters -0.37% -2.76C$ 745.26C$ -0.44%
Non-directional 0% 0.0C$ 0.0C$ -0.0%
Annualized return comparison

Automatic investment

-0.11 %

Momentum 1Q

-0.44 %

Momentum 2Q

-0.44 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Pro Real Estate Investment Trust:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Pro Real Estate Investment Trust and the other stocks. There may be false positives or some missing correlated stocks. If the price of Pro Real Estate Investment Trust does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Pro Real Estate Investment Trust
Country Canada
City Montreal
Address 2000 Mansfield Street
Phone (514) 933-9552
Website www.proreit.com
FullTime employees
Industry REIT—Diversified
Sector Real Estate
Exchange XTSE
Ticker PRV-UN.XTSE
Market

Pro Real Estate Investment Trust ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown