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)
PLZ-UN.TOthis companyPlaza Retail REIT	CA$5.32	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-
APR-UN.TOAutomotive Properties Real Estate Investment Trust	CA$12.74	12.37×	0.77×	5.44×	16.8×	256.6%	84.3%	76.6%	43.8%	6.2%	5.6%	9.7%	0.89×	8.99×	2.96×	0.02×	8.1%	4	0.98	4	A
BTB-UN.TOBTB Real Estate Investment Trust	CA$3.64	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-
MRD.TOMelcor Developments Ltd.	CA$18.80	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-
MRG-UN.TOMorguard North American Residential Real Estate Investment Trust	CA$14.95	8.82×	0.45×	2.55×	13×	289.0%	46.9%	53.5%	29.0%	5.2%	3.9%	9.7%	0.89×	8.4×	2.54×	0.59×	2.9%	5	0.77	4	A
MRT-UN.TOMorguard 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+
Peer median	—	8.82×	0.48×	2.55×	16.8×	165.0%	46.9%	48.6%	17.2%	4.6%	5.1%	9.7%	0.89×	8.99×	2.54×	0.09×	3.1%	5	0.77	4	—