BEI-UN:CA:TSX-Boardwalk Real Estate Investment Trust (CAD)

COMMON STOCK | REIT—Residential | TSX

Last Closing Price

CAD 26.77

Change

0.00 (0.00)%

Market Cap

CAD 1.37B

Volume

0.18M

Average Target Price

CAD 36.58 (+36.66%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Boardwalk REIT strives to be Canada's friendliest communities and currently owns and operates more than 200 communities with over 33,000 residential units totaling over 28 million net rentable square feet. Boardwalk's principal objectives are to provide its Residents with the best quality communities and superior customer service, while providing Unitholders with sustainable monthly cash distributions, and increase the value of its trust units through selective acquisitions, dispositions, development, and effective management of its residential multi-family communities. Boardwalk REIT is vertically integrated and is Canada's leading owner/operator of multi-family communities bringing Residents home to properties located in Alberta, Saskatchewan, Ontario, and Quebec. Boardwalk REIT's Trust units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN. Address: First West Professional Building, Calgary, AB, Canada, T2R 0W1

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-09-24 )

Largest Industry Peers for REIT—Residential

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CAR-UN:CA Canadian Apartment Properties ..

+1.29 (+2.91%)

CAD7.79B 7.47 10.98
NVU-UN:CA Northview Apartment Real Estat..

-0.02 (-0.06%)

CAD2.45B 12.13 16.87
KMP-UN:CA Killam Apartment Real Estate I..

+0.01 (+0.06%)

CAD1.73B 7.69 11.29
IIP-UN:CA InterRent Real Estate Investme..

N/A

CAD1.72B 4.04 5.80
MI-UN:CA Minto Apartment Real Estate In..

+0.27 (+1.54%)

CAD0.65B 8.75 11.67
MRG-UN:CA Morguard North American Reside..

+0.08 (+0.56%)

CAD0.56B 4.21 9.34

ETFs Containing BEI-UN:CA

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

+0.06 (+0.29%)

CAD0.50B

Market Performance

  Market Performance vs.
Industry/Classification (REIT—Residential)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -41.72% 14% F 11% F
Dividend Return 0.91% 43% F 33% F
Total Return -40.81% 14% F 11% F
Trailing 12 Months  
Capital Gain -39.38% 14% F 12% F
Dividend Return 1.70% 43% F 51% F
Total Return -37.68% 14% F 12% F
Trailing 5 Years  
Capital Gain -50.12% 17% F 20% F
Dividend Return 15.67% 17% F 58% F
Total Return -34.45% 17% F 22% F
Average Annual (5 Year Horizon)  
Capital Gain -7.04% N/A N/A N/A N/A
Dividend Return 3.34% N/A N/A N/A N/A
Total Return -3.69% N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 16.16% N/A N/A N/A N/A
Risk Adjusted Return -22.86% N/A N/A N/A N/A
Market Capitalization 1.37B 43% F 80% B-
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—Residential)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 514.00 14% F 1% F
Price/Book Ratio 0.48 86% B 84% B
Price / Cash Flow Ratio 8.50 100% A+ 41% F
EV/EBITDA 53.09 14% F 6% F
Management Effectiveness  
Return on Equity -0.21% 14% F 51% F
Return on Invested Capital 3.58% 43% F 47% F
Return on Assets 2.16% 14% F 59% F
Debt to Equity Ratio 76.38% 57% F 36% F
Technical Ratios  
Short Ratio 1.51 71% C- 45% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.52 14% F 25% 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 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.

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.

What to not 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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.

Low Earnings Growth

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

Low Revenue Growth

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