True North Commercial Real Estate Investment Trust (TO:TNT-UN) — Market Cap & Net Worth
Market Cap & Net Worth: True North Commercial Real Estate Investment Trust (TNT-UN)
True North Commercial Real Estate Investment Trust (TO:TNT-UN) has a market capitalization of $82.92 Million (CA$114.63 Million) as of September 17, 2026. Listed on the TO stock exchange, this Canada-based company holds position #20007 globally and #675 in its home market, demonstrating a -1.80% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying True North Commercial Real Estate Investment Trust's stock price CA$8.20 by its total outstanding shares 13979205 (13.98 Million). Also see True North Commercial Real Estate Invest balance sheet assets for a full breakdown of the balance sheet.
True North Commercial Real Estate Investment Trust Market Cap History: 2015 to 2026
True North Commercial Real Estate Investment Trust's market capitalization history from 2015 to 2026. Data shows change from $258.39 Million to $82.92 Million (-10.78% CAGR). Also see TNT-UN operating cash flow for how efficiently the company converts equity into cash flow.
True North Commercial Real Estate Investment Trust Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how True North Commercial Real Estate Investment Trust's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check True North Commercial Real Estate Invest stock price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.84x
True North Commercial Real Estate Investment Trust's market cap is 0.84 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $258.39 Million | $37.12 Million | $16.47 Million | 6.96x | 15.69x |
| 2016 | $315.55 Million | $41.35 Million | -$101.00K | 7.63x | N/A |
| 2017 | $351.65 Million | $56.01 Million | $28.75 Million | 6.28x | 12.23x |
| 2018 | $301.42 Million | $87.07 Million | $49.62 Million | 3.46x | 6.07x |
| 2019 | $394.19 Million | $106.46 Million | $24.18 Million | 3.70x | 16.30x |
| 2020 | $347.14 Million | $139.43 Million | $28.92 Million | 2.49x | 12.01x |
| 2021 | $413.55 Million | $138.52 Million | $51.00 Million | 2.99x | 8.11x |
| 2022 | $328.37 Million | $143.57 Million | -$18.51 Million | 2.29x | N/A |
| 2023 | $101.63 Million | $132.20 Million | -$40.62 Million | 0.77x | N/A |
| 2024 | $106.58 Million | $126.91 Million | -$20.95 Million | 0.84x | N/A |
Competitor Companies of TNT-UN by Market Capitalization
Companies near True North Commercial Real Estate Investment Trust in the global market cap rankings as of September 17, 2026. Review tangible net worth ratio of True North Commercial Real Estate Invest to assess the quality of the company's equity after excluding intangible assets.
Key companies related to True North Commercial Real Estate Investment Trust by market ranking:
- Boston Properties Inc (NYSE:BXP): Ranked #2204 globally with a market cap of $10.13 Billion USD.
- Alexandria Real Estate Equities Inc (NYSE:ARE): Ranked #2363 globally with a market cap of $9.22 Billion USD.
- Merlin Properties SOCIMI SA (LS:MRL): Ranked #2564 globally with a market cap of $8.26 Billion USD ( €7.07 Billion EUR).
- Merlin Properties SOCIMI SA (MC:MRL): Ranked #2623 globally with a market cap of $7.99 Billion USD ( €6.84 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #2204 | Boston Properties Inc | NYSE:BXP | $10.13 Billion | $63.84 |
| #2363 | Alexandria Real Estate Equities Inc | NYSE:ARE | $9.22 Billion | $52.93 |
| #2564 | Merlin Properties SOCIMI SA | LS:MRL | $8.26 Billion | €12.56 |
| #2623 | Merlin Properties SOCIMI SA | MC:MRL | $7.99 Billion | €12.40 |
True North Commercial Real Estate Investment Trust Historical Marketcap From 2015 to 2026
Between 2015 and today, True North Commercial Real Estate Investment Trust's market cap moved from $258.39 Million to $ 82.92 Million, with a yearly change of -10.78%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$82.92 Million | -7.45% |
| 2025 | CA$89.60 Million | -15.94% |
| 2024 | CA$106.58 Million | +4.88% |
| 2023 | CA$101.63 Million | -69.05% |
| 2022 | CA$328.37 Million | -20.60% |
| 2021 | CA$413.55 Million | +19.13% |
| 2020 | CA$347.14 Million | -11.93% |
| 2019 | CA$394.19 Million | +30.78% |
| 2018 | CA$301.42 Million | -14.28% |
| 2017 | CA$351.65 Million | +11.44% |
| 2016 | CA$315.55 Million | +22.12% |
| 2015 | CA$258.39 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of True North Commercial Real Estate Investment Trust was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $82.92 Million USD |
| MoneyControl | $82.92 Million USD |
| MarketWatch | $82.92 Million USD |
| marketcap.company | $82.92 Million USD |
| Reuters | $82.92 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About True North Commercial Real Estate Investment Trust
True North Commercial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. The REIT currently owns and operates a portfolio of 38 commercial properties consisting of approximately 4.5 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit rated tenants. The REIT is focused on … Read more