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

COMMON STOCK | REIT-Diversified | TSX

Last Closing Price

CAD 3.75

Change

0.00 (0.00)%

Market Cap

CAD 0.24B

Volume

0.09M

Average Target Price

CAD 3.30 (-12.00%)
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

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

Address : 1411 Crescent Street, Montreal, QC, Canada, H3G 2B3

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 1.53

52 Week High : 5.03

Short Ratio : 30.84

52 Week Low : 2.11

Shorted Shares : 3,989,712

200 Day Moving Average : 3.24

Shorted Shares Previous Month : 4,031,265

50 Day Moving Average : 3.61

Shares Held By Insiders : 17.68%

Short Percentage : 6.00%

Shares Held by Institutions : 1.71%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-23 )

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

 CAD3.62B 8.26 14.06
CRR-UN:CA Crombie Real Estate Investment..

N/A

 CAD2.29B 23.82 17.91
CUF-UN:CA Cominar Real Estate Investment..

N/A

 CAD1.51B 16.71 19.75
AX-UN:CA Artis Real Estate Investment T..

N/A

 CAD1.45B 5,375.00 38.53
MPCT-UN:CA Dream Impact Trust

N/A

 CAD0.40B 18.38 7.24
MRT-UN:CA Morguard Real Estate Investmen..

N/A

 CAD0.34B 11.51 20.38
PRV-UN:CA Pro Real Estate Investment Tru..

N/A

 CAD0.23B 14.67 19.45
MR-UN:CA Melcor Real Estate Investment ..

N/A

 CAD0.07B N/A 14.91

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 5.63% 100% A+ 76% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 5.63% 100% A+ 75% C
Trailing 12 Months  
Capital Gain -30.56% 67% D+ 8% F
Dividend Return 4.35% 100% A+ 87% B+
Total Return -26.20% 67% D+ 9% F
Trailing 5 Years  
Capital Gain -10.07% 67% D+ 24% F
Dividend Return 45.92% 100% A+ 95% A
Total Return 35.85% 83% B 47% F
Average Annual (5 Year Horizon)  
Capital Gain -4.89% 83% B 21% F
Dividend Return 8.27% 100% A+ 99% A+
Total Return 3.26% 83% B 54% F
Risk Return Profile  
Volatility (Standard Deviation) 16.55% 83% B 43% F
Risk Adjusted Return 19.69% 83% B 44% F
Market Capitalization 0.24B 33% F 50% 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%

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 5.78 100% A+ 85% B
Price/Book Ratio 0.66 56% F 86% B
Price / Cash Flow Ratio 5.01 78% C+ 63% D
EV/EBITDA 11.83 89% B+ 49% F
Management Effectiveness  
Return on Equity 12.28% 100% A+ 82% B-
Return on Invested Capital 5.15% 56% F 54% F
Return on Assets 3.12% 56% F 67% D+
Debt to Equity Ratio 132.41% 44% F 17% F
Technical Ratios  
Short Ratio 30.84 11% F 1% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.53 56% 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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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 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 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 then its peers, placing it in the top quartile.

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.

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.

Higly 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.