Pro Real Estate Investment Trust
PRO Real Estate Investment Trust is a Canadian industrial real estate investment trust that owns and operates a portfolio of high-quality properties. With a presence in strong primary and secondary Canadian markets, PROREIT is committed to delivering stable cash flow, disciplined growth and long-term value for its unitholders. PRO Real Estate Investment Trust was founded and incorporated in 2013 … Read more
Pro Real Estate Investment Trust (PRVFF) - Net Assets
Latest net assets as of December 2025: $496.89 Million USD
Based on the latest financial reports, Pro Real Estate Investment Trust (PRVFF) has net assets worth $496.89 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.08 Billion) and total liabilities ($580.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $496.89 Million |
| % of Total Assets | 46.14% |
| Annual Growth Rate | 15.36% |
| 5-Year Change | 15.64% |
| 10-Year Change | N/A |
| Growth Volatility | 29.75 |
Pro Real Estate Investment Trust - Net Assets Trend (2020–2025)
This chart illustrates how Pro Real Estate Investment Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pro Real Estate Investment Trust (2020–2025)
The table below shows the annual net assets of Pro Real Estate Investment Trust from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $496.89 Million | +6.94% |
| 2024-09-30 | $464.65 Million | -4.79% |
| 2023-09-30 | $488.03 Million | +0.07% |
| 2022-09-30 | $487.69 Million | +13.50% |
| 2021-09-30 | $429.69 Million | +76.68% |
| 2020-09-30 | $243.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pro Real Estate Investment Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1596.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $107.13 Million | 21.56% |
| Other Components | $389.76 Million | 78.44% |
| Total Equity | $496.89 Million | 100.00% |
Pro Real Estate Investment Trust Competitors by Market Cap
The table below lists competitors of Pro Real Estate Investment Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Saga plc
PINK:SGPLF
|
$235.89 Million |
|
EnQuest PLC
PINK:ENQUF
|
$235.91 Million |
|
Canatu Oyj A
HE:CANATU
|
$235.92 Million |
|
HUYA Inc
NYSE:HUYA
|
$236.03 Million |
|
Kexin Development Co Ltd Shanxi
SHG:600234
|
$235.85 Million |
|
Rallis India Limited
NSE:RALLIS
|
$235.82 Million |
|
WITHSECURE CORP.
F:DTV0
|
$235.64 Million |
|
Sampoerna Agro Tbk
JK:SGRO
|
$235.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pro Real Estate Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 464,647,000 to 496,892,000, a change of 32,245,000 (6.9%).
- Net income of 35,348,000 contributed positively to equity growth.
- Dividend payments of 27,752,000 reduced retained earnings.
- Other factors increased equity by 24,649,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $35.35 Million | +7.11% |
| Dividends Paid | $27.75 Million | -5.59% |
| Other Changes | $24.65 Million | +4.96% |
| Total Change | $- | 6.94% |
Book Value vs Market Value Analysis
This analysis compares Pro Real Estate Investment Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.51x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $6.32 | $3.77 | x |
| 2021-09-30 | $7.28 | $3.77 | x |
| 2022-09-30 | $8.26 | $3.77 | x |
| 2023-09-30 | $8.24 | $3.77 | x |
| 2024-09-30 | $7.82 | $3.77 | x |
| 2025-09-30 | $7.37 | $3.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pro Real Estate Investment Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.96%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.17x
- Recent ROE (7.11%) is below the historical average (9.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 8.66% | 30.18% | 0.11x | 2.61x | $-3.25 Million |
| 2021 | 19.05% | 105.37% | 0.08x | 2.30x | $38.87 Million |
| 2022 | 17.33% | 86.92% | 0.09x | 2.12x | $35.73 Million |
| 2023 | 5.31% | 25.93% | 0.10x | 2.12x | $-22.90 Million |
| 2024 | 0.51% | 2.39% | 0.10x | 2.15x | $-44.09 Million |
| 2025 | 7.11% | 33.96% | 0.10x | 2.17x | $-14.34 Million |
Industry Comparison
This section compares Pro Real Estate Investment Trust's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $8,215,186,800
- Average return on equity (ROE) among peers: 8.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pro Real Estate Investment Trust (PRVFF) | $496.89 Million | 8.66% | 1.17x | $235.86 Million |
| Ascendas Real Estate Investment Trust (ACDSF) | $10.31 Billion | 7.41% | 0.77x | $9.40 Billion |
| BWP Trust (BUNNF) | $2.84 Billion | 9.35% | 0.32x | $1.54 Billion |
| Big Yellow Group Plc (BYLOF) | $1.45 Billion | 18.24% | 0.27x | $2.16 Billion |
| Fibra Terrafina (CBAOF) | $24.78 Billion | 3.83% | 0.61x | $1.16 Billion |
| ESR-REIT (CGIUF) | $1.66 Billion | 0.37% | 0.95x | $119.59 Million |
| Americold Realty Trust (COLD) | $706.75 Million | 6.79% | 2.58x | $3.22 Billion |
| CubeSmart (CUBE) | $2.95 Billion | 13.24% | 1.16x | $8.79 Billion |
| FIBRA Macquarie México (DBMBF) | $36.33 Billion | 10.92% | 0.46x | $1.13 Billion |
| DHAWF (DHAWF) | $549.25 Million | 4.93% | 1.21x | $146.66 Million |
| Dream Industrial Real Estate Investment Trust (DREUF) | $570.82 Million | 14.71% | 1.79x | $2.10 Billion |