MI-UN:CA:TSX-Minto Apartment Real Estate Investment Trust (CAD)

COMMON STOCK | REIT - Residential |

Last Closing

CAD 16.89

Change

-0.08 (-0.47)%

Market Cap

CAD 0.68B

Volume

0.08M

Analyst Target

CAD 23.94
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton. Minto Apartment Real Estate Investment Trust was founded in 2018 and is headquartered in Ottawa, Canada.

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
MHC-U:CA Flagship Communities Real Esta..

-0.01 (-0.07%)

CAD 0.47B
ERE-UN:CA European Residential Real Esta..

+0.01 (+0.31%)

CAD 0.30B

ETFs Containing MI-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 4.39% 25% F 32% F
Dividend Return 1.04% 33% F 32% F
Total Return 5.43% 25% F 31% F
Trailing 12 Months  
Capital Gain 24.37% 67% D+ 69% C-
Dividend Return 1.24% 33% F 27% F
Total Return 25.61% 67% D+ 66% D+
Trailing 5 Years  
Capital Gain -26.34% 29% F 14% F
Dividend Return 3.18% 14% F 22% F
Total Return -23.16% 14% F 13% F
Average Annual (5 Year Horizon)  
Capital Gain -5.29% 17% F 11% F
Dividend Return -4.76% 17% F 10% F
Total Return 0.53% 17% F 29% F
Risk Return Profile  
Volatility (Standard Deviation) 21.17% 50% F 41% F
Risk Adjusted Return -22.47% 17% F 16% F
Market Capitalization 0.68B 33% F 64% D

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:
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.

Underpriced compared to earnings

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

Positive cash flow

The company had positive total 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:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets 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.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth

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

Low Dividend Growth

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