BTB Real Estate Investment Trust Stock Analysis:
Analysts rate BTB Real Estate Investments Trust with a consensus Hold rating and a 12-month average target price of $4.05 per share.
Based on the BTB Real Estate Investment Trust stock forecasts from 3 analysts, the average analyst target price for BTB Real Estate Investment Trust is CAD 4.05 over the next 12 months. BTB Real Estate Investment Trust’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of BTB Real Estate Investment Trust is Slightly Bullish , which is based on 6 positive signals and 5 negative signals. At the last closing, BTB Real Estate Investment Trust’s stock price was CAD 3.19. BTB Real Estate Investment Trust’s stock price has changed by -2.15% over the past week, -11.14% over the past month and -21.23% over the last year.
About BTB Real Estate Investment Trust (BTB-UN:CA:TSX)
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. As at November 10th, 2020, BTB owns 64 retail, office and industrial properties for a total leasable area of approximately 5.3 million square feet and an approximate total asset value as of September 30th, 2020 of approximately of $946M.
What we like:
Superior total returns
The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.
Underpriced on cashflow basis
The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior Revenue Growth
This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.
What we don’t like:
Low market capitalization
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.