ERE-UN:CA:TSX-European Residential Real Estate Investment Trust (CAD)

COMMON STOCK | REIT - Residential |

Last Closing

CAD 3.25

Change

+0.01 (+0.31)%

Market Cap

CAD 0.30B

Volume

0.08M

Analyst Target

CAD 5.41
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT Units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multi-residential REIT, with a current portfolio of high-quality, multi-residential real estate properties in the Netherlands. As at December 31, 2023, ERES owned 158 multi-residential properties, comprised of approximately 6,900 residential suites and ancillary retail space located in the Netherlands, and owned one commercial property in Germany and one commercial property in Belgium. Address: 11 Church Street, Toronto, ON, Canada, M5E 1W1

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-24 )

Largest Industry Peers for REIT - Residential

Symbol Name Price(Change) Market Cap
CAR-UN:CA Canadian Apartment Properties ..

-0.58 (-1.04%)

CAD 9.30B
BEI-UN:CA Boardwalk Real Estate Investme..

-0.05 (-0.06%)

CAD 4.69B
KMP-UN:CA Killam Apartment Real Estate I..

-0.03 (-0.14%)

CAD 2.60B
IIP-UN:CA InterRent Real Estate Investme..

+0.06 (+0.47%)

CAD 1.94B
MRG-UN:CA Morguard North American Reside..

+0.63 (+3.36%)

CAD 1.02B
HOM-UN:CA BSR Real Estate Investment Tru..

+0.07 (+0.37%)

CAD 1.02B
HOM-U:CA BSR Real Estate Investment Tru..

+0.04 (+0.28%)

CAD 0.75B
NRR-UN:CA Northview Residential REIT

+0.27 (+1.48%)

CAD 0.70B
MI-UN:CA Minto Apartment Real Estate In..

-0.08 (-0.47%)

CAD 0.68B
MHC-U:CA Flagship Communities Real Esta..

-0.01 (-0.07%)

CAD 0.47B

ETFs Containing ERE-UN:CA

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 25.97% 83% B 85% B
Dividend Return 3.98% 100% F 82% B
Total Return 29.94% 83% B 87% B+
Trailing 12 Months  
Capital Gain 37.13% 92% A 85% B
Dividend Return 6.78% 100% F 89% A-
Total Return 43.91% 92% A 88% B+
Trailing 5 Years  
Capital Gain -27.78% 14% F 13% F
Dividend Return 12.86% 100% F 56% F
Total Return -14.92% 43% F 16% F
Average Annual (5 Year Horizon)  
Capital Gain 9.96% 92% A 72% C
Dividend Return 12.92% 92% A 74% C
Total Return 2.96% 100% F 70% C-
Risk Return Profile  
Volatility (Standard Deviation) 254.25% 8% B- 3% F
Risk Adjusted Return 5.08% 75% C 29% F
Market Capitalization 0.30B 17% F 51% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

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:
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.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to 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.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value 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.

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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

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