AP-UN:CA:TSX-Allied Properties Real Estate Investment Trust (CAD)

COMMON STOCK | REIT-Office | TSX

Last Closing Price

CAD 43.65

Change

+0.56 (+1.30)%

Market Cap

CAD 5.55B

Volume

0.34M

Avg Analyst Target

CAD 46.39 (-10.79%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada's major cities and (ii) network-dense urban data centres in Toronto that form Canada's hub for global connectivity. Allied's business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity. Address: 134 Peter Street, Toronto, ON, Canada, M5V 2H2

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-10-28 )

Largest Industry Peers for REIT-Office

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
D-UN:CA Dream Office Real Estate Inves..

-0.15 (-0.63%)

CAD1.19B 13.18 15.70
TNT-UN:CA True North Commercial Real Est..

+0.03 (+0.40%)

CAD0.66B 19.51 23.60
SOT-UN:CA Slate Office REIT

-0.02 (-0.38%)

CAD0.35B 7.41 12.76
INO-UN:CA Inovalis Real Estate Investmen..

-0.05 (-0.52%)

CAD0.31B 33.34 38.97

ETFs Containing AP-UN:CA

Symbol Name Weight Mer Price(Change) Market Cap
HAL:CA Horizons Active Cdn Divid.. 0.00 % 0.67 %

-0.18 (-0.89%)

CAD0.10B
PHR:CA Purpose Real Estate Incom.. 0.00 % 0.78 %

N/A

CAD0.02B
VRE:CA Vanguard FTSE Canadian Ca.. 0.00 % 0.38 %

+0.02 (+0.05%)

CAD0.35B
XRE:CA iShares S&P/TSX Capped RE.. 0.00 % 0.61 %

N/A

CAD1.40B
REIT:CA Invesco S&P/TSX REIT Inco.. 0.00 % 0.51 %

-0.06 (-0.24%)

CAD0.03B
IDR:CA Middlefield REIT Indexplu.. 0.00 % 0.98 %

-0.03 (-0.19%)

CAD0.11B

Market Performance

  Market Performance vs.
Industry/Classification (REIT-Office)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 15.38% 40% F 57% F
Dividend Return 0.37% 25% F 5% F
Total Return 15.76% 40% F 55% F
Trailing 12 Months  
Capital Gain 36.62% 40% F 63% D
Dividend Return 1.73% 20% F 28% F
Total Return 38.35% 40% F 63% D
Trailing 5 Years  
Capital Gain 19.82% 80% B- 50% F
Dividend Return 17.36% 20% F 68% D+
Total Return 37.18% 60% D- 55% F
Average Annual (5 Year Horizon)  
Capital Gain 4.17% 80% B- 42% F
Dividend Return 3.23% 20% F 76% C
Total Return 7.40% 40% F 48% F
Risk Return Profile  
Volatility (Standard Deviation) 18.24% 80% B- 55% F
Risk Adjusted Return 40.57% 80% B- 43% F
Market Capitalization 5.55B 100% A+ 83% B
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT-Office)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 15.14 60% D- 45% F
Price/Book Ratio 0.87 60% D- 83% B
Price / Cash Flow Ratio 15.59 20% F 16% F
EV/EBITDA 21.31 60% D- 22% F
Management Effectiveness  
Return on Equity 5.90% 40% F 43% F
Return on Invested Capital 3.51% 20% F 53% F
Return on Assets 1.94% 40% F 47% F
Debt to Equity Ratio 43.69% 80% B- 55% F
Technical Ratios  
Short Ratio 7.58 60% D- 14% F
Short Percent 1.24% 60% D- 57% F
Beta 0.81 100% A+ 72% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

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 Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

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.