Artis Real Estate Investment Trust (TSX:AX.UN)

TSX:AX.UN Statistics

Total Valuation

TSX:AX.UN has a market cap or net worth of CAD 578.26 million. The enterprise value is 1.82 billion.

Market Cap	578.26M
Enterprise Value	1.82B

Important Dates

The next estimated earnings date is Thursday, November 6, 2025.

Earnings Date	Nov 6, 2025
Ex-Dividend Date	Sep 29, 2025

Share Statistics

TSX:AX.UN has 96.22 million shares outstanding. The number of shares has decreased by -6.12% in one year.

Current Share Class	96.22M
Shares Outstanding	96.22M
Shares Change (YoY)	-6.12%
Shares Change (QoQ)	-1.83%
Owned by Insiders (%)	3.65%
Owned by Institutions (%)	24.55%
Float	63.52M

Valuation Ratios

Price/FFO Ratio	6.77
Price/AFFO Ratio	n/a
PE Ratio	n/a
Forward PE	n/a
PS Ratio	2.77
PB Ratio	0.40
P/TBV Ratio	0.45
P/FCF Ratio	n/a
P/OCF Ratio	7.26
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-27.57
EV / Sales	8.69
EV / EBITDA	23.71
EV / EBIT	24.16
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.56, with a Debt / Equity ratio of 0.74.

Current Ratio	0.56
Quick Ratio	0.06
Debt / Equity	0.74
Debt / EBITDA	14.12
Debt / FCF	n/a
Interest Coverage	0.91

Financial Efficiency

Return on equity (ROE) is -3.39% and return on invested capital (ROIC) is 1.58%.

Return on Equity (ROE)	-3.39%
Return on Assets (ROA)	1.54%
Return on Invested Capital (ROIC)	1.58%
Return on Capital Employed (ROCE)	3.55%
Revenue Per Employee	1.46M
Profits Per Employee	-461,042
Employee Count	143
Asset Turnover	0.07
Inventory Turnover	n/a

Taxes

In the past 12 months, TSX:AX.UN has paid 1.38 million in taxes.

Income Tax	1.38M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -25.34% in the last 52 weeks. The beta is 0.89, so TSX:AX.UN's price volatility has been lower than the market average.

Beta (5Y)	0.89
52-Week Price Change	-25.34%
50-Day Moving Average	6.96
200-Day Moving Average	7.33
Relative Strength Index (RSI)	29.04
Average Volume (20 Days)	490,284

Short Selling Information

The latest short interest is 5.83 million, so 5.58% of the outstanding shares have been sold short.

Short Interest	5.83M
Short Previous Month	5.67M
Short % of Shares Out	5.58%
Short % of Float	8.32%
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSX:AX.UN had revenue of CAD 209.04 million and -65.93 million in losses. Loss per share was -0.65.

Revenue	209.04M
Gross Profit	86.12M
Operating Income	75.23M
Pretax Income	-51.75M
Net Income	-65.93M
EBITDA	76.66M
EBIT	75.23M
Loss Per Share	-0.65

Balance Sheet

The company has 16.64 million in cash and 1.08 billion in debt, giving a net cash position of -1.07 billion or -11.08 per share.

Cash & Cash Equivalents	16.64M
Total Debt	1.08B
Net Cash	-1.07B
Net Cash Per Share	-11.08
Equity (Book Value)	1.46B
Book Value Per Share	13.20
Working Capital	-215.35M

Cash Flow

Operating Cash Flow	79.68M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 41.20%, with operating and profit margins of 35.99% and -25.41%.

Gross Margin	41.20%
Operating Margin	35.99%
Pretax Margin	-24.76%
Profit Margin	-25.41%
EBITDA Margin	36.67%
EBIT Margin	35.99%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.60, which amounts to a dividend yield of 9.98%.

Dividend Per Share	0.60
Dividend Yield	9.98%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	6.12%
Shareholder Yield	16.10%
Earnings Yield	-11.40%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on February 1, 2006. It was a reverse split with a ratio of 0.06667.

Last Split Date	Feb 1, 2006
Split Type	Reverse
Split Ratio	0.06667

Scores

Altman Z-Score	n/a
Piotroski F-Score	4