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

COMMON STOCK | REIT-Residential | TSX

Last Closing Price

CAD 58.11

Change

0.00 (0.00)%

Market Cap

CAD 10.06B

Volume

0.31M

Avg Analyst Target

CAD 68.26 (+17.47%)

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 14 analysts, the average analyst target price for Canadian Apartment Properties Real Estate Investment Trust is CAD 68.26 over the next 12 months. Canadian Apartment Properties Real Estate Investment Trust’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Canadian Apartment Properties Real Estate Investment Trust is Neutral, which is based on 7 positive signals and 7 negative signals. At the last closing, Canadian Apartment Properties Real Estate Investment Trust’s stock price was CAD 58.11. Canadian Apartment Properties Real Estate Investment Trust’s stock price has changed by -0.33 % over the past week, -2.19 % over the past month and +13.19 % 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)

Compare
Relative Returns (From:    To: 2021-11-28 )

Largest Industry Peers for REIT-Residential

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

N/A

CAD2.83B 20.35 27.32
KMP-UN:CA Killam Apartment Real Estate I..

N/A

CAD2.52B 9.71 12.87
NVU-UN:CA Northview Apartment Real Estat..

N/A

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

N/A

CAD2.33B 7.07 10.09
MI-UN:CA Minto Apartment Real Estate In..

N/A

CAD0.88B 8.68 14.03
MRG-UN:CA Morguard North American Reside..

N/A

CAD0.70B 5.13 9.87
HOM-UN:CA BSR Real Estate Investment Tru..

N/A

CAD0.67B 3.03 8.19
HOM-U:CA BSR Real Estate Investment Tru..

N/A

CAD0.53B 2.37 6.46
ERE-UN:CA European Residential Real Esta..

N/A

CAD0.40B 4.31 11.46
MHC-U:CA Flagship Communities Real Esta..

N/A

CAD0.27B 2.69 20.52

ETFs Containing CAR-UN:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

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 16.24% 50% F 58% F
Dividend Return 0.23% 25% F 3% F
Total Return 16.47% 50% F 56% F
Trailing 12 Months  
Capital Gain 13.19% 38% F 49% F
Dividend Return 0.45% 38% F 4% F
Total Return 13.63% 38% F 47% F
Trailing 5 Years  
Capital Gain 88.73% 83% B 82% B-
Dividend Return 16.93% 60% D- 67% D+
Total Return 105.66% 67% D+ 84% B
Average Annual (5 Year Horizon)  
Capital Gain 15.12% 75% C 76% C
Dividend Return 2.75% 63% D 68% D+
Total Return 17.87% 75% C 78% C+
Risk Return Profile  
Volatility (Standard Deviation) 16.98% 75% C 55% F
Risk Adjusted Return 105.22% 100% A+ 94% A
Market Capitalization 10.06B 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 8.17 40% F 70% C-
Price/Book Ratio 1.02 30% F 76% C
Price / Cash Flow Ratio 20.90 30% F 12% F
EV/EBITDA 11.02 60% D- 47% F
Management Effectiveness  
Return on Equity 13.46% 44% F 69% D+
Return on Invested Capital 3.51% 33% F 53% F
Return on Assets 2.09% 56% F 46% F
Debt to Equity Ratio 53.01% 90% A- 50% F
Technical Ratios  
Short Ratio 4.50 50% F 26% F
Short Percent 0.82% 30% F 64% D
Beta 0.99 33% F 54% 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.

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.

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.

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.

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