AX-UN:CA:TSX-Artis Real Estate Investment Trust (CAD)

COMMON STOCK | REIT-Diversified | TSX

Last Closing Price

CAD 11.76

Change

-0.10 (-0.84)%

Market Cap

CAD 1.54B

Volume

0.32M

Avg Analyst Target

CAD 11.94 (+1.53%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Artis is a diversified Canadian real estate investment trust investing in industrial and office properties in Canada and the United States. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in select markets in Canada and the United States. As of September 30, 2020, Artis' commercial property comprises approximately 23.8 million square feet of leasable area.

Company Website : http://www.artisreit.com

Address : 220 Portage Avenue, Winnipeg, MB, Canada, R3C 0A5

Employees : 206

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 1.26

52 Week High : 12.04

Short Ratio : 6.79

52 Week Low : 7.13

Shorted Shares : 3,353,263

200 Day Moving Average : 11.01

Shorted Shares Previous Month : 3,250,161

50 Day Moving Average : 11.51

Shares Held By Insiders : 26.74%

Short Percentage : 3.00%

Shares Held by Institutions : 33.94%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-07-22 )

Largest Industry Peers for REIT-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HR-UN:CA H&R Real Estate Investment Tru..

-0.09 (-0.54%)

 CAD4.78B 8.61 14.87
CRR-UN:CA Crombie Real Estate Investment..

-0.13 (-0.71%)

 CAD2.99B 36.29 22.02
CUF-UN:CA Cominar Real Estate Investment..

+0.02 (+0.18%)

 CAD2.04B 18.91 20.14
AX-PI:CA Artis Real Estate Investment T..

+0.12 (+0.46%)

 CAD1.78B 18.63 N/A
MPCT-UN:CA Dream Impact Trust

+0.03 (+0.46%)

 CAD0.42B 87.20 7.24
MRT-UN:CA Morguard Real Estate Investmen..

-0.09 (-1.38%)

 CAD0.41B 11.51 20.38
NXR-UN:CA Nexus Real Estate Investment T..

-0.03 (-0.27%)

 CAD0.37B 11.65 15.54
PRV-UN:CA Pro Real Estate Investment Tru..

+0.01 (+0.14%)

 CAD0.33B 58.57 35.65
BTB-UN:CA BTB Real Estate Investment Tru..

+0.02 (+0.49%)

 CAD0.30B 23.51 23.00
MR-UN:CA Melcor Real Estate Investment ..

-0.02 (-0.28%)

 CAD0.09B N/A 22.49

ETFs Containing AX-UN:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (REIT-Diversified)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.32% 22% F 49% F
Dividend Return 0.43% 38% F 10% F
Total Return 10.75% 22% F 48% F
Trailing 12 Months  
Capital Gain 52.13% 63% D 77% C+
Dividend Return 4.11% 57% F 66% D
Total Return 56.24% 75% C 78% C+
Trailing 5 Years  
Capital Gain -13.85% 67% D+ 25% F
Dividend Return 25.73% 83% B 87% B+
Total Return 11.89% 67% D+ 37% F
Average Annual (5 Year Horizon)  
Capital Gain -3.11% 63% D 14% F
Dividend Return 5.79% 57% F 94% A
Total Return 2.67% 63% D 30% F
Risk Return Profile  
Volatility (Standard Deviation) 22.88% 50% F 45% F
Risk Adjusted Return 11.68% 50% F 24% F
Market Capitalization 1.54B 64% D 72% C-
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-Diversified)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 8.48 100% A+ 73% C
Price/Book Ratio 0.76 70% C- 88% B+
Price / Cash Flow Ratio 8.71 73% C 44% F
EV/EBITDA 14.85 90% A- 38% F
Management Effectiveness  
Return on Equity 8.54% 82% B- 59% F
Return on Invested Capital 5.16% 64% D 60% D-
Return on Assets 3.14% 70% C- 66% D
Debt to Equity Ratio 70.55% 100% A+ 38% F
Technical Ratios  
Short Ratio 7.02 45% F 17% F
Short Percent 3.58% 38% F 44% F
Beta 1.26 82% B- 35% F
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 Rating

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:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning 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 return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free 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 Earnings Growth

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

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 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.