Dream Office Real Estate Investment Trust (TSX:D.UN)

TSX:D.UN Statistics

Total Valuation

TSX:D.UN has a market cap or net worth of CAD 282.38 million. The enterprise value is 1.52 billion.

Market Cap	282.38M
Enterprise Value	1.52B

Important Dates

The last earnings date was Thursday, February 19, 2026.

Earnings Date	Feb 19, 2026
Ex-Dividend Date	Feb 27, 2026

Share Statistics

TSX:D.UN has 16.37 million shares outstanding. The number of shares has increased by 0.19% in one year.

Current Share Class	16.37M
Shares Outstanding	16.37M
Shares Change (YoY)	+0.19%
Shares Change (QoQ)	+0.01%
Owned by Insiders (%)	1.72%
Owned by Institutions (%)	37.75%
Float	15.92M

Valuation Ratios

Price/FFO Ratio	7.01
Price/AFFO Ratio	n/a
PE Ratio	n/a
Forward PE	15.68
PS Ratio	1.83
PB Ratio	0.31
P/TBV Ratio	0.31
P/FCF Ratio	n/a
P/OCF Ratio	3.95
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-9.48
EV / Sales	9.83
EV / EBITDA	24.63
EV / EBIT	24.63
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.18, with a Debt / Equity ratio of 1.39.

Current Ratio	0.18
Quick Ratio	0.13
Debt / Equity	1.39
Debt / EBITDA	20.29
Debt / FCF	n/a
Interest Coverage	0.95

Financial Efficiency

Return on equity (ROE) is -16.17% and return on invested capital (ROIC) is 2.85%.

Return on Equity (ROE)	-16.17%
Return on Assets (ROA)	1.59%
Return on Invested Capital (ROIC)	2.85%
Return on Capital Employed (ROCE)	3.00%
Weighted Average Cost of Capital (WACC)	5.42%
Revenue Per Employee	308,818
Profits Per Employee	-320,218
Employee Count	500
Asset Turnover	0.06
Inventory Turnover	n/a

Taxes

In the past 12 months, TSX:D.UN has paid 476,000 in taxes.

Income Tax	476,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -6.66% in the last 52 weeks. The beta is 1.27, so TSX:D.UN's price volatility has been higher than the market average.

Beta (5Y)	1.27
52-Week Price Change	-6.66%
50-Day Moving Average	18.36
200-Day Moving Average	17.65
Relative Strength Index (RSI)	39.17
Average Volume (20 Days)	26,260

Short Selling Information

The latest short interest is 1.24 million, so 7.57% of the outstanding shares have been sold short.

Short Interest	1.24M
Short Previous Month	1.31M
Short % of Shares Out	7.57%
Short % of Float	11.05%
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSX:D.UN had revenue of CAD 154.41 million and -160.11 million in losses. Loss per share was -9.78.

Revenue	154.41M
Gross Profit	71.62M
Operating Income	61.62M
Pretax Income	-159.63M
Net Income	-160.11M
EBITDA	61.63M
EBIT	61.62M
Loss Per Share	-9.78

Balance Sheet

The company has 15.17 million in cash and 1.25 billion in debt, with a net cash position of -1.24 billion or -75.47 per share.

Cash & Cash Equivalents	15.17M
Total Debt	1.25B
Net Cash	-1.24B
Net Cash Per Share	-75.47
Equity (Book Value)	900.01M
Book Value Per Share	54.98
Working Capital	-176.54M

Cash Flow

Operating Cash Flow	71.52M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 46.38%, with operating and profit margins of 39.91% and -103.69%.

Gross Margin	46.38%
Operating Margin	39.91%
Pretax Margin	-103.38%
Profit Margin	-103.69%
EBITDA Margin	39.91%
EBIT Margin	39.91%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 5.68%.

Dividend Per Share	1.00
Dividend Yield	5.68%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.19%
Shareholder Yield	5.49%
Earnings Yield	-56.70%
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 27, 2024. It was a reverse split with a ratio of 0.5.

Last Split Date	Feb 27, 2024
Split Type	Reverse
Split Ratio	0.5

Scores

Altman Z-Score	n/a
Piotroski F-Score	3