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

COMMON STOCK | REIT-Diversified | TSX

Last Closing Price

CAD 12.32

Change

+0.02 (+0.16)%

Market Cap

CAD 1.46B

Volume

0.91M

Avg Analyst Target

CAD 13.50 (+9.58%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Artis Real Estate Investment Trust (AX-UN) Stock Analysis:
Based on the Artis Real Estate Investment Trust stock forecasts from 6 analysts, the average analyst target price for Artis Real Estate Investment Trust is CAD 13.50 over the next 12 months. Artis Real Estate Investment Trust’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of Artis Real Estate Investment Trust is Bullish , which is based on 11 positive signals and 4 negative signals. At the last closing, Artis Real Estate Investment Trust’s stock price was CAD 12.32. Artis Real Estate Investment Trust’s stock price has changed by +1.65% over the past week, -8.06% over the past month and +11.29% over the last year.

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 market ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-05-16 )

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..

+0.10 (+0.77%)

CAD3.77B 6.29 8.65
CRR-UN:CA Crombie Real Estate Investment..

+0.11 (+0.66%)

CAD2.96B 17.49 15.83
AX-PI:CA Artis Real Estate Investment T..

+0.25 (+1.01%)

CAD1.71B 8.71 N/A
PRV-UN:CA Pro Real Estate Investment Tru..

+0.13 (+1.88%)

CAD0.41B 4.99 9.31
MPCT-UN:CA Dream Impact Trust

-0.04 (-0.69%)

CAD0.38B 17.61 7.24
MRT-UN:CA Morguard Real Estate Investmen..

-0.04 (-0.75%)

CAD0.34B 9.08 17.71
BTB-UN:CA BTB Real Estate Investment Tru..

+0.01 (+0.25%)

CAD0.34B 6.66 15.22
MR-UN:CA Melcor Real Estate Investment ..

N/A

CAD0.20B N/A 728.65
AX-PE:CA Artis Real Estate Investment T..

-0.28 (-1.21%)

N/A 8.07 N/A

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 3.53% 90% A- 87% B+
Dividend Return 0.42% 33% F 20% F
Total Return 3.95% 100% A+ 87% B+
Trailing 12 Months  
Capital Gain 10.89% 100% A+ 87% B+
Dividend Return 3.78% 89% B+ 68% D+
Total Return 14.67% 100% A+ 88% B+
Trailing 5 Years  
Capital Gain -5.16% 80% B- 40% F
Dividend Return 23.35% 80% B- 88% B+
Total Return 18.19% 80% B- 50% F
Average Annual (5 Year Horizon)  
Capital Gain 0.06% 50% F 27% F
Dividend Return 4.76% 78% C+ 92% A-
Total Return 4.82% 50% F 45% F
Risk Return Profile  
Volatility (Standard Deviation) 24.93% 40% F 36% F
Risk Adjusted Return 19.35% 50% F 29% F
Market Capitalization 1.46B 67% 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 4.30 100% A+ 85% B
Price/Book Ratio 0.64 75% C 88% B+
Price / Cash Flow Ratio 7.23 78% C+ 50% F
EV/EBITDA 5.79 100% A+ 71% C-
Management Effectiveness  
Return on Equity 16.25% 90% A- 78% C+
Return on Invested Capital 4.89% 70% C- 55% F
Return on Assets 3.07% 80% B- 60% D-
Debt to Equity Ratio 47.41% 100% A+ 52% F
Technical Ratios  
Dividend Yield 4.88% 30% F 33% F
Short Ratio 8.95 40% F 13% F
Short Percent 3.77% 38% F 43% F
Beta 1.24 90% A- 34% 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 Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

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:
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 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.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value 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.

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 return on equity

The company management has delivered better return on equity 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.

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.

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.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector