CAR-UN:CA:TSX-Canadian Apartment Properties Real Estate Investment Trust (CAD)

COMMON STOCK | REIT-Residential | TSX

Last Closing Price

CAD 57.42

Change

0.00 (0.00)%

Market Cap

CAD 9.90B

Volume

0.24M

Average Target Price

CAD 63.00 (+9.72%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

CAPREIT is one of Canada's largest real estate investment trusts. CAPREIT owns approximately 57,000 suites, including townhomes and manufactured housing sites, in Canada and, indirectly through its investment in ERES, approximately 5,800 suites in the Netherlands. CAPREIT manages approximately 61,200 of its owned suites in Canada and Netherlands, and additionally approximately 3,800 suites in Ireland as at September 30, 2020. Address: 11 Church Street, Toronto, ON, Canada, M5E 1W1

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-13 )

Largest Industry Peers for REIT-Residential

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NVU-UN:CA Northview Apartment Real Estat..

N/A

CAD2.51B 12.27 17.18
IIP-UN:CA InterRent Real Estate Investme..

N/A

CAD2.24B 10.05 13.66
KMP-UN:CA Killam Apartment Real Estate I..

N/A

CAD2.20B 15.43 19.94
BEI-UN:CA Boardwalk Real Estate Investme..

N/A

CAD2.06B 514.00 53.42
MI-UN:CA Minto Apartment Real Estate In..

N/A

CAD0.82B 11.50 16.25
MRG-UN:CA Morguard North American Reside..

N/A

CAD0.67B 6.32 12.48
HOM-UN:CA BSR Real Estate Investment Tru..

N/A

CAD0.47B 12.57 21.13
ERE-UN:CA European Residential Real Esta..

N/A

CAD0.38B 2.10 8.69
HOM-U:CA BSR Real Estate Investment Tru..

N/A

CAD0.29B 10.31 17.44
MHC-U:CA Flagship Communities Real Esta..

N/A

CAD0.13B 1.24 14.07

ETFs Containing CAR-UN:CA

Symbol Name Weight Mer Price(Change) Market Cap
RIT:CA CI Canadian REIT ETF 0.00 % 0.86 %

N/A

CAD0.51B
VRE:CA Vanguard FTSE Canadian Ca.. 0.00 % 0.38 %

N/A

CAD0.30B
XRE:CA iShares S&P/TSX Cappe.. 0.00 % 0.61 %

N/A

CAD1.35B
REIT:CA Invesco S&P/TSX REIT Inco.. 0.00 % 0.51 %

N/A

CAD0.03B
CMCE:CA CIBC Multifactor Canadian.. 0.00 % 0.30 %

N/A

CAD0.37B
IDR:CA Middlefield REIT Indexplu.. 0.00 % 0.98 %

N/A

CAD0.10B

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 14.86% 50% F 62% D-
Dividend Return 0.23% 38% F 7% F
Total Return 15.09% 50% F 61% D-
Trailing 12 Months  
Capital Gain 16.97% 86% B 34% F
Dividend Return 1.87% 57% F 33% F
Total Return 18.84% 86% B 34% F
Trailing 5 Years  
Capital Gain 82.58% 80% B- 79% C+
Dividend Return 18.57% 60% D- 66% D
Total Return 101.14% 80% B- 81% B-
Average Annual (5 Year Horizon)  
Capital Gain 13.16% 71% C- 80% B-
Dividend Return 3.07% 57% F 76% C
Total Return 16.23% 71% C- 83% B
Risk Return Profile  
Volatility (Standard Deviation) 16.45% 100% A+ 55% F
Risk Adjusted Return 98.69% 100% A+ 92% A-
Market Capitalization 9.90B 100% A+ 86% B
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-Residential)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 10.41 50% F 66% D
Price/Book Ratio 1.07 10% F 78% C+
Price / Cash Flow Ratio 20.56 20% F 11% F
EV/EBITDA 13.25 80% B- 44% F
Management Effectiveness  
Return on Equity 11.36% 100% A+ 73% C
Return on Invested Capital 3.51% 33% F 52% F
Return on Assets 2.19% 56% F 55% F
Debt to Equity Ratio 53.01% 90% A- 50% F
Technical Ratios  
Short Ratio 3.02 50% F 32% F
Short Percent 0.66% 50% F 64% D
Beta 0.99 43% F 56% 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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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 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.

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.

What to not like:
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.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor capital utilization

The company management has delivered below median return on invested capital 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 Dividend Growth

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