PortfoliosLab logo
PortfoliosLab logo
​
Tools
Performance Analysis
Portfolio Analysis
Risk Analysis
Optimization
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Screeners
Discussions
SmartCentres Real Estate Investment Trust (SRU-UN....
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

SmartCentres Real Estate Investment Trust (SRU-UN.TO)

Equity · Currency in CAD · Last updated Sep 18, 2024

SmartCentres is a Canadian REIT with a comprehensive mixed-use portfolio, comprising strategically located properties across the country. The portfolio includes value-oriented retail and first-class office properties, maintaining a high occupancy rate on substantial land holdings.

Company Info

ISINCA83179X1087
SectorReal Estate
IndustryREIT - Retail

Highlights

Market CapCA$4.61B
EPS (TTM)CA$1.64
PE Ratio16.49
Total Revenue (TTM)CA$870.07M
Gross Profit (TTM)CA$525.29M
EBITDA (TTM)CA$592.49M
Year RangeCA$19.35 - CA$27.50
Target PriceCA$25.25
Short %1.62%
Short Ratio12.11

Share Price Chart

Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Popular comparisons: SRU-UN.TO vs. REI-UN.TO, SRU-UN.TO vs. RS.TO, SRU-UN.TO vs. FCR-UN.TO, SRU-UN.TO vs. VFV.TO, SRU-UN.TO vs. XEQT.TO, SRU-UN.TO vs. ZWB.TO, SRU-UN.TO vs. VGT, SRU-UN.TO vs. CRT-UN.TO, SRU-UN.TO vs. AAPL, SRU-UN.TO vs. RIO

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in SmartCentres Real Estate Investment Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

0.00%5.00%10.00%15.00%20.00%25.00%AprilMayJuneJulyAugustSeptember
23.21%
9.07%
SRU-UN.TO (SmartCentres Real Estate Investment Trust)
Benchmark (^GSPC)

Returns By Period

SmartCentres Real Estate Investment Trust had a return of 14.57% year-to-date (YTD) and 20.23% in the last 12 months. Over the past 10 years, SmartCentres Real Estate Investment Trust had an annualized return of 7.09%, while the S&P 500 had an annualized return of 10.88%, indicating that SmartCentres Real Estate Investment Trust did not perform as well as the benchmark.

PeriodReturnBenchmark
Year-To-Date14.57%18.13%
1 month12.50%1.45%
6 months23.21%8.81%
1 year20.23%26.52%
5 years (annualized)3.69%13.43%
10 years (annualized)7.09%10.88%

Monthly Returns

The table below presents the monthly returns of SRU-UN.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.30%-5.26%0.76%-3.43%1.06%-0.96%9.75%7.15%14.57%
20235.88%-1.29%-3.44%-0.88%-2.63%-3.53%3.19%-2.85%-4.71%-4.89%8.17%8.47%0.17%
2022-4.02%3.99%3.69%-4.22%-5.48%-6.04%6.87%-3.76%-6.65%3.47%3.58%-2.05%-11.27%
20212.61%12.37%2.72%7.17%2.92%0.76%3.22%1.67%-2.29%5.68%-3.91%8.47%48.65%
20201.13%-7.91%-34.00%13.97%-5.03%4.81%-2.28%2.04%-1.88%6.09%15.11%-3.55%-19.64%
20198.50%1.84%4.15%-2.80%-3.16%2.14%-2.02%-1.79%3.12%-1.55%1.08%-2.08%6.97%
2018-1.67%-2.33%-0.48%-0.56%2.66%4.27%-0.14%2.49%-0.95%-0.91%4.99%-1.43%5.77%
2017-0.40%4.84%-1.85%-0.52%-4.45%4.81%-1.93%-2.51%-2.79%-1.07%0.98%6.65%1.13%
20163.02%4.39%5.87%-0.32%2.84%11.14%1.17%-7.63%0.13%-4.99%-6.53%4.23%12.37%
201516.72%-3.70%-3.91%5.45%-4.93%0.49%5.24%-2.96%4.95%2.02%3.47%-5.23%16.66%
2014-0.71%4.55%0.16%4.46%0.74%-0.60%-0.69%2.09%-3.08%7.75%1.89%-1.50%15.57%
20132.65%-0.91%0.75%3.62%-6.54%-8.06%-1.21%-3.14%0.53%3.60%0.79%0.48%-7.90%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SRU-UN.TO is 73, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of SRU-UN.TO is 7373
SRU-UN.TO (SmartCentres Real Estate Investment Trust)
The Sharpe Ratio Rank of SRU-UN.TO is 7777Sharpe Ratio Rank
The Sortino Ratio Rank of SRU-UN.TO is 7474Sortino Ratio Rank
The Omega Ratio Rank of SRU-UN.TO is 6969Omega Ratio Rank
The Calmar Ratio Rank of SRU-UN.TO is 7474Calmar Ratio Rank
The Martin Ratio Rank of SRU-UN.TO is 7070Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for SmartCentres Real Estate Investment Trust (SRU-UN.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

SRU-UN.TO
Sharpe ratio
The chart of Sharpe ratio for SRU-UN.TO, currently valued at 1.05, compared to the broader market-4.00-2.000.002.001.05
Sortino ratio
The chart of Sortino ratio for SRU-UN.TO, currently valued at 1.69, compared to the broader market-6.00-4.00-2.000.002.004.001.69
Omega ratio
The chart of Omega ratio for SRU-UN.TO, currently valued at 1.19, compared to the broader market0.501.001.501.19
Calmar ratio
The chart of Calmar ratio for SRU-UN.TO, currently valued at 0.70, compared to the broader market0.001.002.003.004.005.000.70
Martin ratio
The chart of Martin ratio for SRU-UN.TO, currently valued at 2.98, compared to the broader market-10.000.0010.0020.002.98
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.10, compared to the broader market-4.00-2.000.002.002.10
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.82, compared to the broader market-6.00-4.00-2.000.002.004.002.82
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.38, compared to the broader market0.501.001.501.38
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.88, compared to the broader market0.001.002.003.004.005.001.88
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 11.08, compared to the broader market-10.000.0010.0020.0011.08

Sharpe Ratio

The current SmartCentres Real Estate Investment Trust Sharpe ratio is 1.05. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of SmartCentres Real Estate Investment Trust with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00AprilMayJuneJulyAugustSeptember
1.05
2.41
SRU-UN.TO (SmartCentres Real Estate Investment Trust)
Benchmark (^GSPC)

Dividends

Dividend History

SmartCentres Real Estate Investment Trust granted a 6.84% dividend yield in the last twelve months. The annual payout for that period amounted to CA$1.85 per share.

PeriodTTM20232022202120202019201820172016201520142013
DividendCA$1.85CA$1.85CA$1.85CA$1.85CA$1.85CA$1.81CA$1.76CA$1.71CA$1.66CA$1.61CA$1.68CA$1.55

Dividend yield

6.84%7.43%6.91%5.75%8.02%5.81%5.72%5.54%5.15%5.34%6.15%6.15%

Monthly Dividends

The table displays the monthly dividend distributions for SmartCentres Real Estate Investment Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.00CA$1.23
2023CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$1.85
2022CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$1.85
2021CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$1.85
2020CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$1.85
2019CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$1.81
2018CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$1.76
2017CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.15CA$0.15CA$0.15CA$1.71
2016CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$0.14CA$1.66
2015CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.14CA$0.14CA$0.14CA$1.61
2014CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.25CA$0.13CA$1.68
2013CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$1.55

Dividend Yield & Payout

Dividend Yield
5.0%10.0%15.0%6.8%
SmartCentres Real Estate Investment Trust has a dividend yield of 6.84%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%800.0%40.7%
SmartCentres Real Estate Investment Trust has a payout ratio of 40.72%, which is quite average when compared to the overall market. This suggests that SmartCentres Real Estate Investment Trust strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

-25.00%-20.00%-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-2.75%
-1.12%
SRU-UN.TO (SmartCentres Real Estate Investment Trust)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the SmartCentres Real Estate Investment Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the SmartCentres Real Estate Investment Trust was 90.51%, occurring on Aug 31, 1999. Recovery took 100 trading sessions.

The current SmartCentres Real Estate Investment Trust drawdown is 2.75%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-90.51%Apr 27, 199864Aug 31, 1999100Sep 23, 2002164
-68.25%Nov 16, 2006508Nov 21, 2008432Aug 13, 2010940
-54.78%Apr 4, 2019243Mar 23, 2020315Jun 23, 2021558
-47.57%Feb 13, 199812Mar 16, 199816Apr 24, 199828
-28.88%Mar 30, 2022396Oct 27, 2023———

Volatility

Volatility Chart

The current SmartCentres Real Estate Investment Trust volatility is 4.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

2.00%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
4.93%
3.38%
SRU-UN.TO (SmartCentres Real Estate Investment Trust)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of SmartCentres Real Estate Investment Trust over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Annual
Quarterly
0.0

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for SmartCentres Real Estate Investment Trust.

Loading data...

Income Statement

Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly
TTM
Revenue

Total Revenue

—

Cost Of Revenue

—

Gross Profit

—
Operating Expenses

Selling, General & Admin Expenses

—

R&D Expenses

—

Depreciation And Amortization

—

Total Operating Expenses

—
Income

Income Before Tax

—

Operating Income

—

EBITDA

—

EBIT

—

Earnings From Continuing Operations

—

Net Income

—

Income Tax Expense

—

Other Non-Operating Income (Expenses)

—

Extraordinary Items

—

Discontinued Operations

—

Effect Of Accounting Charges

—

Non Recurring

—

Minority Interest

—

Other Items

—

Interest Income

—

Interest Expense

—

Net Interest Income

—
Values in undefined except per share items