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

COMMON STOCK | REIT—Diversified | TSX

Last Closing Price

CAD 10.90

Change

+0.04 (+0.37)%

Market Cap

CAD 1.47B

Volume

0.42M

Average Target Price

CAD 10.04 (-7.87%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties. 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 June 30, 2020, Artis' commercial property comprises approximately 23.8 million square feet of leasable area.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-11-26 )

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..

+0.06 (+0.42%)

CAD4.14B 8.26 14.06
CRR-UN:CA Crombie Real Estate Investment..

-0.01 (-0.07%)

CAD2.34B 184.10 18.14
CUF-UN:CA Cominar Real Estate Investment..

-0.01 (-0.11%)

CAD1.69B 17.92 20.24
MPCT-UN:CA Dream Impact Trust

+0.14 (+2.36%)

CAD0.39B 15.50 7.24
MRT-UN:CA Morguard Real Estate Investmen..

+0.39 (+6.63%)

CAD0.37B 11.51 20.38
BTB-UN:CA BTB Real Estate Investment Tru..

-0.01 (-0.26%)

CAD0.24B 5.31 11.85
PRV-UN:CA Pro Real Estate Investment Tru..

+0.04 (+0.67%)

CAD0.23B 13.44 18.93

ETFs Containing AX-UN:CA

Symbol Name Weight Mer Price(Change) Market Cap
ZRE:CA BMO Equal Weight REITs In.. 0.00 % 0.55 %

+0.20 (+0.89%)

CAD0.46B

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 -8.40% 83% B 30% F
Dividend Return 2.65% 50% F 71% C-
Total Return -5.76% 83% B 32% F
Trailing 12 Months  
Capital Gain -7.86% 83% B 28% F
Dividend Return 3.04% 50% F 72% C-
Total Return -4.82% 83% B 32% F
Trailing 5 Years  
Capital Gain -18.84% 67% D+ 28% F
Dividend Return 29.82% 33% F 86% B
Total Return 10.98% 67% D+ 39% F
Average Annual (5 Year Horizon)  
Capital Gain -5.01% N/A N/A 18% F
Dividend Return 6.67% N/A N/A 92% A-
Total Return 1.64% N/A N/A 43% F
Risk Return Profile  
Volatility (Standard Deviation) 17.52% N/A N/A 43% F
Risk Adjusted Return 9.38% N/A N/A 36% F
Market Capitalization 1.47B 63% D 79% 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%

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 11.40 75% C 68% D+
Price/Book Ratio 0.69 50% F 79% C+
Price / Cash Flow Ratio 7.20 63% D 51% F
EV/EBITDA 38.72 13% F 12% F
Management Effectiveness  
Return on Equity 0.90% 38% F 52% F
Return on Invested Capital 5.41% 100% A+ 56% F
Return on Assets 3.22% 88% B+ 70% C-
Debt to Equity Ratio 86.66% 75% C 32% F
Technical Ratios  
Short Ratio 4.65 63% D 19% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.08 88% B+ 47% 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

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 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.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than 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.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Poor return on equity

The company management has delivered below median return on equity 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.