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

COMMON STOCK | REIT—Residential | TSX

Last Closing Price

CAD 51.03

Change

+0.04 (+0.08)%

Market Cap

CAD 8.72B

Volume

0.63M

Average Target Price

CAD 57.68 (+13.03%)
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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-11-24 )

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 12.56 17.18
IIP-UN:CA InterRent Real Estate Investme..

-0.01 (-0.07%)

CAD1.96B 4.87 7.34
KMP-UN:CA Killam Apartment Real Estate I..

-0.03 (-0.17%)

CAD1.82B 8.19 11.65
BEI-UN:CA Boardwalk Real Estate Investme..

+0.07 (+0.20%)

CAD1.79B 514.00 53.42
MI-UN:CA Minto Apartment Real Estate In..

N/A

CAD0.70B 3.84 6.65
MRG-UN:CA Morguard North American Reside..

+0.33 (+2.07%)

CAD0.62B 2.97 6.94
ERE-UN:CA European Residential Real Esta..

-0.01 (-0.24%)

CAD0.37B 3.98 7.97
MHC-U:CA Flagship Communities Real Esta..

N/A

CAD0.10B 4.69 8.46

ETFs Containing CAR-UN:CA

Symbol Name Weight Mer Price(Change) Market Cap
PHR:CA Purpose Real Estate Incom.. 0.00 % 0.79 %

-0.20 (-1.03%)

CAD0.01B
PIN:CA Purpose Monthly Income Fu.. 0.00 % 0.72 %

N/A

CAD9.10M
RIT:CA CI First Asset Canadian R.. 0.00 % 0.75 %

+0.06 (+0.36%)

CAD0.51B
VRE:CA Vanguard FTSE Canadian Ca.. 0.00 % 0.35 %

+0.14 (+0.46%)

CAD0.24B
XRE:CA iShares S&P/TSX Capped RE.. 0.00 % 0.55 %

+0.05 (+0.30%)

CAD0.98B
REIT:CA Invesco S&P/TSX REIT Inco.. 0.00 % 0.45 %

+0.12 (+0.58%)

CAD0.02B
ZFC:CA BMO SIA Focused Canadian .. 0.00 % 0.75 %

N/A

CAD0.05B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.40 %

+0.23 (+0.87%)

CAD8.54M
FCCL:CA Fidelity Canadian Low Vol.. 0.00 % 0.40 %

+0.28 (+1.07%)

CAD0.02B
IDR:CA Middlefield REIT Indexplu.. 0.00 % 0.60 %

+0.03 (+0.23%)

CAD0.08B

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 -3.74% 88% B+ 41% F
Dividend Return 1.52% 63% D 47% F
Total Return -2.22% 88% B+ 40% F
Trailing 12 Months  
Capital Gain -6.78% 88% B+ 31% F
Dividend Return 1.89% 50% F 52% F
Total Return -4.89% 88% B+ 32% F
Trailing 5 Years  
Capital Gain 93.96% 67% D+ 83% B
Dividend Return 23.20% 60% D- 76% C
Total Return 117.16% 67% D+ 84% B
Average Annual (5 Year Horizon)  
Capital Gain 15.36% N/A N/A 86% B
Dividend Return 3.50% N/A N/A 78% C+
Total Return 18.86% N/A N/A 88% B+
Risk Return Profile  
Volatility (Standard Deviation) 13.39% N/A N/A 51% F
Risk Adjusted Return 140.79% N/A N/A 97% A+
Market Capitalization 8.72B 100% A+ 91% A-
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 9.06 33% F 75% C
Price/Book Ratio 0.99 44% F 66% D
Price / Cash Flow Ratio 19.18 44% F 11% F
EV/EBITDA 12.44 33% F 44% F
Management Effectiveness  
Return on Equity 11.32% 33% F 80% B-
Return on Invested Capital 3.49% 33% F 47% F
Return on Assets 2.31% 38% F 60% D-
Debt to Equity Ratio 53.50% 89% B+ 47% F
Technical Ratios  
Short Ratio 2.71 33% F 31% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.85 43% F 69% D+
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.

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.

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 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.

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.