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TSXV CAD

Canadian Net Real Estate Investment Trust (NET-UN.V)

6.75 -0.05 (-0.74%)
At close: September 4 at 3:57:05 PM EDT
Dividend
NET-UN.V announced a cash dividend of CAD 0.03 with an ex-date of Sep. 15, 2026
Chart Range Bar
Loading chart for NET-UN.V
  • Previous Close 6.80
  • Open 6.84
  • Bid 6.76 x --
  • Ask 6.79 x --
  • Day's Range 6.75 - 6.84
  • 52 Week Range 5.34 - 7.13
  • Volume 6,271
  • Avg. Volume 10,720
  • Market Cap (intraday) 139.237M
  • Beta (5Y Monthly) 0.62
  • PE Ratio (TTM) 10.07
  • EPS (TTM) 0.67
  • Earnings Date (est.) Nov 24, 2026
  • Forward Dividend & Yield 0.36 (5.29%)
  • Ex-Dividend Date Sep 15, 2026
  • 1y Target Est 7.57

Canadian Net Real Estate Investment Trust is an active Trust operating in the Canadian commercial real estate market. The Trust currently trades on the TSX Venture using the ticker symbol NET.UN. The Trust owns and rents commercial real estate properties directly, through its wholly owned subsidiaries and joint ventures. Prior to June 17, 2021, the Trust operated under the name of Fronsac Real Estate Investment Trust. As at September 30, 2025, the Trust held 97 investment properties, 80 residing in the province of Quebec, 8 in the province of Ontario, 8 in the province of Nova Scotia and 1 in the province of New Brunswick. The properties are occupied by 4 distinct groups of tenants composed of: (1) necessity-based retailers, (2) national service station and convenience store chains, (3) quick-service restaurant chains, and (4) others. The quality of the properties in the portfolio allows Canadian Net to maintain a best-in-class occupancy level. As at September 30, 2025, the Trust's occupancy was at 100%. The Trust management is entirely internalized, and no service agreements or asset management agreements are in force between Canadian Net and its officers and trustees. The Trust, therefore, ensures that the interests of management and of its employees are aligned with those of the unitholders. These properties are leased to tenants on a management-free basis with triple net leases. Under this type of arrangement, the tenant is responsible for paying real estate taxes, insurance and any general maintenance required, in addition to the base rent already stipulated in the lease terms. These types of leases ensure stable recurring cash flows with an opportunity for growth. Canadian Net Real Estate Investment Trust was established on June 02, 2006 in Quebec, Canada. The principal registered and head office of the Trust is located at 106 Gun Avenue, Pointe Claire, QC, H9R 3X3.

www.cnetreit.com

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Full Time Employees

December 31

Fiscal Year Ends

Real Estate

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index (^GSPTSE) .

YTD Return

NET-UN.V
22.86%
S&P/TSX Composite index (^GSPTSE)
14.58%

1-Year Return

NET-UN.V
27.72%
S&P/TSX Composite index (^GSPTSE)
26.28%

3-Year Return

NET-UN.V
68.78%
S&P/TSX Composite index (^GSPTSE)
77.72%

5-Year Return

NET-UN.V
16.79%
S&P/TSX Composite index (^GSPTSE)
75.37%

Earnings Trends

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Earnings Per Share

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q4 FY20
Revenue 3.69M
Earnings 847.65k
Profit Margin 22.97%

Q3

FY19

Q2

FY20

Q3

FY20

Q4

FY20

0
1M
2M
3M
50.0%
100.0%
150.0%

Analyst Insights

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Analyst Price Targets

7.00
7.57 Average
6.75 Current
8.80 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    42.76%

  • Return on Assets (ttm)

    4.25%

  • Return on Equity (ttm)

    9.96%

  • Revenue (ttm)

    32.22M

  • Net Income Avi to Common (ttm)

    13.78M

  • Diluted EPS (ttm)

    0.67

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    951.18k

  • Total Debt/Equity (mrq)

    123.79%

  • Levered Free Cash Flow (ttm)

    10.3M

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