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 874.11 million. The enterprise value is 2.13 billion.

Market Cap	874.11M
Enterprise Value	2.13B

Important Dates

The next estimated earnings date is Friday, February 27, 2026.

Earnings Date	Feb 27, 2026
Ex-Dividend Date	Jan 30, 2026

Share Statistics

TSX:AX.UN has 95.01 million shares outstanding. The number of shares has decreased by -6.82% in one year.

Current Share Class	95.01M
Shares Outstanding	95.01M
Shares Change (YoY)	-6.82%
Shares Change (QoQ)	-0.29%
Owned by Insiders (%)	21.46%
Owned by Institutions (%)	24.46%
Float	44.12M

Valuation Ratios

Price/FFO Ratio	12.25
Price/AFFO Ratio	n/a
PE Ratio	n/a
Forward PE	n/a
PS Ratio	4.38
PB Ratio	0.62
P/TBV Ratio	0.70
P/FCF Ratio	n/a
P/OCF Ratio	11.19
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-24.25
EV / Sales	10.66
EV / EBITDA	29.33
EV / EBIT	29.97
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.75, with a Debt / Equity ratio of 0.78.

Current Ratio	0.75
Quick Ratio	0.07
Debt / Equity	0.78
Debt / EBITDA	15.28
Debt / FCF	n/a
Interest Coverage	1.01

Financial Efficiency

Return on equity (ROE) is -4.96% and return on invested capital (ROIC) is 2.81%.

Return on Equity (ROE)	-4.96%
Return on Assets (ROA)	1.63%
Return on Invested Capital (ROIC)	2.81%
Return on Capital Employed (ROCE)	3.42%
Weighted Average Cost of Capital (WACC)	6.38%
Revenue Per Employee	1.40M
Profits Per Employee	-613,993
Employee Count	143
Asset Turnover	0.07
Inventory Turnover	n/a

Taxes

In the past 12 months, TSX:AX.UN has paid 1.46 million in taxes.

Income Tax	1.46M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +15.29% in the last 52 weeks. The beta is 0.70, so TSX:AX.UN's price volatility has been lower than the market average.

Beta (5Y)	0.70
52-Week Price Change	+15.29%
50-Day Moving Average	8.01
200-Day Moving Average	7.29
Relative Strength Index (RSI)	51.59
Average Volume (20 Days)	290,723

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 199.77 million and -87.80 million in losses. Loss per share was -0.89.

Revenue	199.77M
Gross Profit	79.73M
Operating Income	71.05M
Pretax Income	-73.62M
Net Income	-87.80M
EBITDA	72.60M
EBIT	71.05M
Loss Per Share	-0.89

Balance Sheet

The company has 26.69 million in cash and 1.11 billion in debt, with a net cash position of -1.08 billion or -11.39 per share.

Cash & Cash Equivalents	26.69M
Total Debt	1.11B
Net Cash	-1.08B
Net Cash Per Share	-11.39
Equity (Book Value)	1.41B
Book Value Per Share	12.93
Working Capital	-128.10M

Cash Flow

Operating Cash Flow	78.10M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 39.91%, with operating and profit margins of 35.56% and -37.58%.

Gross Margin	39.91%
Operating Margin	35.56%
Pretax Margin	-36.85%
Profit Margin	-37.58%
EBITDA Margin	36.34%
EBIT Margin	35.56%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.60, which amounts to a dividend yield of 6.52%.

Dividend Per Share	0.60
Dividend Yield	6.52%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	6.82%
Shareholder Yield	13.55%
Earnings Yield	-10.04%
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	5