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

COMMON STOCK | REIT-Diversified | TSX

Last Closing Price

CAD 4.07

Change

0.00 (0.00)%

Market Cap

CAD 0.29B

Volume

0.11M

Avg Analyst Target

CAD 4.28 (+5.24%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. As at November 10th, 2020, BTB owns 64 retail, office and industrial properties for a total leasable area of approximately 5.3 million square feet and an approximate total asset value as of September 30th, 2020 of approximately of $946M. Address: 1411 Crescent Street, Montreal, QC, Canada, H3G 2B3

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2021-08-02 )

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..

N/A

CAD4.83B 8.70 14.85
CRR-UN:CA Crombie Real Estate Investment..

N/A

CAD3.02B 36.55 22.09
CUF-UN:CA Cominar Real Estate Investment..

N/A

CAD2.09B 18.91 20.14
AX-PI:CA Artis Real Estate Investment T..

N/A

CAD1.78B 18.62 N/A
AX-UN:CA Artis Real Estate Investment T..

N/A

CAD1.52B 8.48 14.73
MPCT-UN:CA Dream Impact Trust

N/A

CAD0.43B 88.67 7.24
MRT-UN:CA Morguard Real Estate Investmen..

N/A

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

N/A

CAD0.37B 11.63 15.58
PRV-UN:CA Pro Real Estate Investment Tru..

N/A

CAD0.33B 58.40 35.65
MR-UN:CA Melcor Real Estate Investment ..

N/A

CAD0.09B N/A 22.49

ETFs Containing BTB-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 14.65% 33% F 59% F
Dividend Return 0.70% 63% D 23% F
Total Return 15.35% 33% F 58% F
Trailing 12 Months  
Capital Gain 33.44% 25% F 63% D
Dividend Return 4.92% 75% C 74% C
Total Return 38.36% 25% F 65% D
Trailing 5 Years  
Capital Gain -10.94% 83% B 26% F
Dividend Return 37.09% 100% A+ 96% A
Total Return 26.15% 83% B 46% F
Average Annual (5 Year Horizon)  
Capital Gain -3.80% 50% F 12% F
Dividend Return 7.86% 100% A+ 99% A+
Total Return 3.97% 75% C 38% F
Risk Return Profile  
Volatility (Standard Deviation) 19.52% 75% C 51% F
Risk Adjusted Return 20.34% 63% D 29% F
Market Capitalization 0.29B 18% F 47% F
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 23.39 40% F 25% F
Price/Book Ratio 0.84 40% F 84% B
Price / Cash Flow Ratio 6.28 91% A- 57% F
EV/EBITDA 23.08 20% F 23% F
Management Effectiveness  
Return on Equity 3.19% 55% F 42% F
Return on Invested Capital 4.93% 45% F 59% F
Return on Assets 2.93% 30% F 62% D-
Debt to Equity Ratio 125.41% 40% F 20% F
Technical Ratios  
Short Ratio 23.56 18% F 4% F
Short Percent 5.94% 25% F 40% F
Beta 1.56 45% F 23% 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:
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.

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.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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.

Superior Revenue Growth

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

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.

Overpriced compared to book value

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

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.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

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.