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

COMMON STOCK | REIT-Residential | TSX

Last Closing Price

CAD 51.60

Change

-0.23 (-0.44)%

Market Cap

CAD 8.96B

Volume

0.41M

Average Target Price

CAD 59.40 (+15.12%)
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: 2021-03-04 )

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
BEI-UN:CA Boardwalk Real Estate Investme..

-0.36 (-0.95%)

CAD1.96B 514.00 53.42
IIP-UN:CA InterRent Real Estate Investme..

-0.01 (-0.07%)

CAD1.93B 4.94 7.25
KMP-UN:CA Killam Apartment Real Estate I..

-0.21 (-1.15%)

CAD1.89B 12.92 17.57
MI-UN:CA Minto Apartment Real Estate In..

-0.15 (-0.78%)

CAD0.70B 3.96 6.75
MRG-UN:CA Morguard North American Reside..

-0.16 (-1.05%)

CAD0.59B 3.38 8.32
ERE-UN:CA European Residential Real Esta..

-0.02 (-0.47%)

CAD0.38B 3.98 7.96
MHC-U:CA Flagship Communities Real Esta..

-0.18 (-1.13%)

CAD0.11B 4.53 4.33

ETFs Containing CAR-UN:CA

Symbol Name Weight Mer Price(Change) Market Cap
PDF:CA Purpose Core Dividend Fun.. 0.00 % 0.67 %

-0.17 (-0.62%)

CAD0.15B
PIN:CA Purpose Monthly Income Fu.. 0.00 % 0.72 %

-0.09 (-0.50%)

CAD9.22M
RIT:CA CI First Asset Canadian R.. 0.00 % 0.75 %

-0.15 (-0.89%)

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

-0.36 (-1.13%)

CAD0.25B
XRE:CA iShares S&P/TSX Capped RE.. 0.00 % 0.55 %

-0.15 (-0.88%)

CAD1.12B
PDIV:CA Purpose Enhanced Dividend.. 0.00 % 0.87 %

N/A

CAD0.02B
REIT:CA Invesco S&P/TSX REIT Inco.. 0.00 % 0.45 %

-0.15 (-0.70%)

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

-0.14 (-1.06%)

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 3.22% 63% D 56% F
Dividend Return 0.23% 38% F 9% F
Total Return 3.45% 63% D 56% F
Trailing 12 Months  
Capital Gain -15.76% 86% B 8% F
Dividend Return 1.88% 57% F 38% F
Total Return -13.88% 86% B 8% F
Trailing 5 Years  
Capital Gain 76.89% 80% B- 78% C+
Dividend Return 21.06% 60% D- 68% D+
Total Return 97.96% 80% B- 81% B-
Average Annual (5 Year Horizon)  
Capital Gain 12.82% 71% C- 84% B
Dividend Return 3.21% 57% F 78% C+
Total Return 16.03% 71% C- 86% B
Risk Return Profile  
Volatility (Standard Deviation) 16.14% 100% A+ 44% F
Risk Adjusted Return 99.30% 100% A+ 92% A-
Market Capitalization 8.96B 100% A+ 91% A-
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 9.66 38% F 75% C
Price/Book Ratio 0.95 38% F 77% C+
Price / Cash Flow Ratio 18.60 38% F 12% F
EV/EBITDA 12.52 38% F 48% F
Management Effectiveness  
Return on Equity 10.20% 50% F 74% C
Return on Invested Capital 3.51% 25% F 52% F
Return on Assets 2.22% 29% F 58% F
Debt to Equity Ratio 53.01% 88% B+ 48% F
Technical Ratios  
Short Ratio 4.93 38% F 17% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.99 50% F 58% 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.

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.

Superior Revenue Growth

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

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.

Low Earnings Growth

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