Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
MRT-UN.TOthis companyMorguard Real Estate Investment Trust	CA$7.10	-25.52×	0.48×	1.74×	36.91×	-357.9%	46.6%	45.1%	-6.9%	-1.9%	5.1%	1.0%	1.43×	27.57×	1.77×	0.04×	0.9%	5	0.21	2	C+
BTB-UN.TOBTB Real Estate Investment Trust	CA$3.65	16.36×	0.74×	2.79×	18.28×	165.0%	57.5%	48.6%	17.2%	4.6%	5.1%	10.3%	1.48×	12.17×	1.71×	0.09×	7.2%	6	0.02	4	A-
D-UN.TODream Office Real Estate Investment Trust	CA$15.96	-2.21×	0.39×	1.79×	-19.39×	-415.6%	44.7%	44.9%	-81.1%	-17.8%	3.9%	-5.9%	1.38×	-15.05×	1.4×	0.25×	4.6%	5	-0.45	2	C
FCD-UN.TOFirm Capital Property Trust	CA$6.87	8.67×	0.72×	3.62×	13.31×	-151.9%	54.3%	52.0%	41.6%	8.2%	5.0%	8.5%	1.02×	7.76×	2.19×	0.13×	8.6%	5	0.89	3	B+
MRD.TOMelcor Developments Ltd.	CA$18.85	7.94×	0.36×	1.12×	6.92×	113.0%	45.9%	39.0%	14.1%	4.6%	4.4%	20.0%	0.43×	3.51×	5.81×	5.23×	3.1%	5	1.84	5	S-
PLZ-UN.TOPlaza Retail REIT	CA$5.33	8.58×	0.85×	3.66×	12.74×	121.1%	66.1%	51.6%	42.3%	9.8%	5.1%	8.4%	1.15×	7.3×	2.16×	0.12×	6.5%	5	1.03	4	A-
Peer median	—	8.58×	0.72×	2.79×	12.74×	113.0%	54.3%	48.6%	17.2%	4.6%	5.0%	8.5%	1.15×	7.3×	2.16×	0.13×	6.5%	5	0.89	4	—