Dream Office Real Estate Investment Trust Fundamental Analysis (TSX: D-UN.TO)
Dream Office Real Estate Investment Trust Fundamental Analysis (TSX: D-UN.TO)
Dream Office Real Estate Investment Trust (TSX: D-UN.TO) shows weak financial fundamentals with a PE ratio of -4.33, profit margin of -42.02%, and ROE of -9.12%. The company generates $0.2B in annual revenue with weak year-over-year growth of 0.63%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of -33.3/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze D-UN.TO's fundamental strength across five key dimensions:
Efficiency Score
WeakD-UN.TO struggles to generate sufficient returns from assets.
Valuation Score
ExcellentD-UN.TO trades at attractive valuation levels.
Growth Score
WeakD-UN.TO faces weak or negative growth trends.
Financial Health Score
WeakD-UN.TO carries high financial risk with limited liquidity.
Profitability Score
WeakD-UN.TO struggles to sustain strong margins.
Key Financial Metrics
Is D-UN.TO Expensive or Cheap?
P/E Ratio
D-UN.TO trades at -4.33 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, D-UN.TO's PEG of -0.06 indicates potential undervaluation.
Price to Book
The market values Dream Office Real Estate Investment Trust at 0.40 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 163.72 times EBITDA. This signals the market has high growth expectations.
How Well Does D-UN.TO Make Money?
Net Profit Margin
For every $100 in sales, Dream Office Real Estate Investment Trust keeps $-42.02 as profit after all expenses.
Operating Margin
Core operations generate 45.35 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $-9.12 in profit for every $100 of shareholder equity.
ROA
Dream Office Real Estate Investment Trust generates $-3.73 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Dream Office Real Estate Investment Trust generates limited operating cash flow of $13.66M, signaling weaker underlying cash strength.
Free Cash Flow
Dream Office Real Estate Investment Trust generates weak or negative free cash flow of $-14.09M, restricting financial flexibility.
FCF Per Share
Each share generates $-0.86 in free cash annually.
FCF Yield
D-UN.TO converts -5.55% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-4.33
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-0.06
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.40
vs 25 benchmark
P/S Ratio
Price to sales ratio
1.54
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
1.36
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.31
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
-0.09
vs 25 benchmark
ROA
Return on assets percentage
-0.04
vs 25 benchmark
ROCE
Return on capital employed
0.04
vs 25 benchmark
How D-UN.TO Stacks Against Its Sector Peers
| Metric | D-UN.TO Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -4.33 | 25.83 | Better (Cheaper) |
| ROE | -9.12% | 801.00% | Weak |
| Net Margin | -42.02% | 2686.00% | Weak |
| Debt/Equity | 1.36 | -37.24 (disorted) | Distorted |
| Current Ratio | 0.31 | 39.42 | Weak Liquidity |
| ROA | -3.73% | 275.00% | Weak |
D-UN.TO outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Dream Office Real Estate Investment Trust's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
48.54%
Industry Style: Income, Inflation Hedge, REIT
High GrowthEPS CAGR
-240.43%
Industry Style: Income, Inflation Hedge, REIT
DecliningFCF CAGR
-77.34%
Industry Style: Income, Inflation Hedge, REIT
Declining