D-UN : Dream Office Real Estate Investment Trust Stock Profile

Last Updated: 3/12/2024 0:47:16

Dream Office Real Estate Investment Trust trades with the ticker D-UN on the TSX and is in the REIT – Office industry.

Overview
Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world.
 

Looking to invest in Dream Office Real Estate Investment Trust? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

D-UN.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $251.873MM

PE Ratio:

Price: #N/A (Updated: 3/12/2024 0:47:16)



Dream Office Real Estate Investment Trust (D-UN) vs Competitors in REIT – Office

Lets see how D-UN.TO stacks up against others in the REIT – Office asset management industry. We have identified its main peers as:

BTB Real Estate Investment Trust, True North Commercial Real Estate Investment Trust, Allied Properties Real Estate Investment Trust

.

REIT – Office Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
BTB Real Estate Investment Trust (BTB-UN) $267.454 7.286 13.865 9.8%
Dream Office Real Estate Investment Trust (D-UN) $251.873 N/A -110.844 6.5%
True North Commercial Real Estate Investment Trust (TNT-UN) $147.538 N/A -39.027 19.0%
Allied Properties Real Estate Investment Trust (AP-UN) $2,227.714 N/A -13.059 10.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within REIT – Office

  • Dream Office Real Estate Investment Trust (D-UN) vs BTB Real Estate Investment Trust (BTB-UN)
    • BTB-UN has higher EPS (0.42 vs -3.47). BTB-UN has higher dividend yield (9.8% vs 6.5%). D-UN has a P/E under 0, indicating BTB-UN (P/E 7.286) is in a better position.
  • Dream Office Real Estate Investment Trust (D-UN) vs True North Commercial Real Estate Investment Trust (TNT-UN)
    • D-UN has higher EPS (-3.47 vs -3.55). TNT-UN has higher dividend yield (19.0% vs 6.5%). TNT-UN and D-UN both have P/E’s under 0.
  • Dream Office Real Estate Investment Trust (D-UN) vs Allied Properties Real Estate Investment Trust (AP-UN)
    • D-UN has higher EPS (-3.47 vs -3.94). AP-UN has higher dividend yield (10.2% vs 6.5%). AP-UN and D-UN both have P/E’s under 0.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-110.84) than the industry average (-45.34), indicating attractive valuation.
 

How to Buy D-UN stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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