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

COMMON STOCK | REIT-Residential | TSX

Last Closing Price

CAD 48.36

Change

+0.52 (+1.09)%

Market Cap

CAD 8.49B

Volume

0.50M

Avg Analyst Target

CAD 65.92 (+36.30%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) Stock Analysis:
Based on the Canadian Apartment Properties Real Estate Investment Trust stock forecasts from 5 analysts, the average analyst target price for Canadian Apartment Properties Real Estate Investment Trust is CAD 65.92 over the next 12 months. Canadian Apartment Properties Real Estate Investment Trust’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Canadian Apartment Properties Real Estate Investment Trust is Neutral, which is based on 6 positive signals and 7 negative signals. At the last closing, Canadian Apartment Properties Real Estate Investment Trust’s stock price was CAD 48.36. Canadian Apartment Properties Real Estate Investment Trust’s stock price has changed by +1.15% over the past week, -7.73% over the past month and -13.86% over the last year.

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 ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2022-05-19 )

Largest Industry Peers for REIT-Residential

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
BEI-UN:CA Boardwalk Real Estate Investme..

-0.43 (-0.86%)

CAD2.52B 4.77 9.92
NVU-UN:CA Northview Apartment Real Estat..

N/A

CAD2.51B 12.27 17.18
KMP-UN:CA Killam Apartment Real Estate I..

+0.04 (+0.21%)

CAD2.19B 6.87 10.06
IIP-UN:CA InterRent Real Estate Investme..

+0.15 (+1.12%)

CAD1.89B 5.06 8.55
HOM-UN:CA BSR Real Estate Investment Tru..

+0.22 (+1.00%)

CAD1.29B 1.89 6.61
MRG-UN:CA Morguard North American Reside..

+0.12 (+0.67%)

CAD1.01B 1.86 3.78
MI-UN:CA Minto Apartment Real Estate In..

+0.14 (+0.75%)

CAD0.75B 7.92 8.48
HOM-U:CA BSR Real Estate Investment Tru..

-0.11 (-0.63%)

CAD0.53B 1.46 5.07
ERE-UN:CA European Residential Real Esta..

+0.02 (+0.43%)

CAD0.43B 3.08 8.03
MHC-U:CA Flagship Communities Real Esta..

-0.10 (-0.55%)

CAD0.36B 4.69 7.38

ETFs Containing CAR-UN:CA

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

+0.01 (+0.05%)

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

-0.05 (-0.15%)

CAD0.31B
XRE:CA iShares S&P/TSX Capped RE.. 0.00 % 0.61 %

-0.04 (-0.19%)

CAD1.11B
REIT:CA Invesco S&P/TSX REIT Inco.. 0.00 % 0.51 %

N/A

CAD0.02B
IDR:CA Middlefield REIT Indexplu.. 0.00 % 0.75 %

N/A

CAD0.11B
CGRE:CA CI Global REIT Private Po.. 0.00 % 0.96 %

N/A

CAD0.09B

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 -18.80% 30% F 22% F
Dividend Return 0.20% 40% F 7% F
Total Return -18.60% 30% F 22% F
Trailing 12 Months  
Capital Gain -13.24% 10% F 27% F
Dividend Return 0.43% 44% F 6% F
Total Return -12.81% 10% F 25% F
Trailing 5 Years  
Capital Gain 43.93% 67% D+ 75% C
Dividend Return 14.67% 60% D- 67% D+
Total Return 58.60% 67% D+ 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 14.04% 80% B- 76% C
Dividend Return 2.34% 67% D+ 61% D-
Total Return 16.38% 80% B- 78% C+
Risk Return Profile  
Volatility (Standard Deviation) 17.71% 70% C- 47% F
Risk Adjusted Return 92.47% 80% B- 92% A-
Market Capitalization 8.49B 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 6.04 30% F 76% C
Price/Book Ratio 0.80 50% F 79% C+
Price / Cash Flow Ratio 15.39 60% D- 14% F
EV/EBITDA 8.91 30% F 54% F
Management Effectiveness  
Return on Equity 14.55% 20% F 70% C-
Return on Invested Capital 2.87% 30% F 45% F
Return on Assets 2.03% 40% F 45% F
Debt to Equity Ratio 55.46% 100% A+ 47% F
Technical Ratios  
Dividend Yield 3.04% 70% C- 45% F
Short Ratio 1.50 80% B- 53% F
Short Percent 0.82% 30% F 64% D
Beta 1.01 56% F 52% 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:
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.

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.

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.

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.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

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.

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