True North Commercial Real Estate Investment Trust (TO:TNT-UN) — Market Cap & Net Worth

$84.24 Million USD  · CA$116.45 Million CAD  · Rank #19901

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 $84.24 Million (CA$116.45 Million) as of June 4, 2026. Listed on the TO stock exchange, this Canada-based company holds position #19901 globally and #683 in its home market, demonstrating a -0.24% 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$8.33 by its total outstanding shares 13979205 (13.98 Million). Review True North Commercial Real Estate Invest (TNT-UN) total liabilities to assess the company's total debt and financial obligations.

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 $84.24 Million (-10.92% CAGR).

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.

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

Industry average: 2.61x Lower than industry average

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 June 4, 2026.

Key companies related to True North Commercial Real Estate Investment Trust by market ranking:

  • Boston Properties Inc (NYSE:BXP): Ranked #2306 globally with a market cap of $9.66 Billion USD.
  • Merlin Properties SOCIMI SA (LS:MRL): Ranked #2566 globally with a market cap of $8.35 Billion USD ( €7.14 Billion EUR).
  • Alexandria Real Estate Equities Inc (NYSE:ARE): Ranked #2630 globally with a market cap of $8.02 Billion USD.
  • Merlin Properties SOCIMI SA (MC:MRL): Ranked #2769 globally with a market cap of $7.48 Billion USD ( €6.40 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#2306 Boston Properties Inc NYSE:BXP $9.66 Billion $60.90
#2566 Merlin Properties SOCIMI SA LS:MRL $8.35 Billion €15.10
#2630 Alexandria Real Estate Equities Inc NYSE:ARE $8.02 Billion $51.27
#2769 Merlin Properties SOCIMI SA MC:MRL $7.48 Billion €15.10

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 $ 84.24 Million, with a yearly change of -10.92%.

Year Market Cap Change (%)
2026 CA$84.24 Million -5.98%
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 Jun 4th, 2026 the market cap of True North Commercial Real Estate Investment Trust was reported to be:

Source Market Cap
Yahoo Finance $84.24 Million USD
MoneyControl $84.24 Million USD
MarketWatch $84.24 Million USD
marketcap.company $84.24 Million USD
Reuters $84.24 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

TO:TNT-UN Canada REIT - Office
Market Cap
$84.24 Million
CA$116.45 Million CAD
Market Cap Rank
#19901 Global
#683 in Canada
Share Price
CA$8.33
Change (1 day)
+0.12%
52-Week Range
CA$8.01 - CA$9.59
All Time High
CA$43.47
About

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