CHP-UN:CA:TSX-Choice Properties Real Estate Investment Trust (CAD)

COMMON STOCK | REIT - Retail |

Last Closing

CAD 15.07

Change

+0.01 (+0.07)%

Market Cap

CAD 10.90B

Volume

0.22M

Analyst Target

CAD 13.31
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties. We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence. Address: The Weston Centre, Toronto, ON, Canada, M4T 2S5

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-26 )

Largest Industry Peers for REIT - Retail

Symbol Name Price(Change) Market Cap
REI-UN:CA RioCan Real Estate Investment ..

+0.01 (+0.05%)

CAD 6.12B
SRU-UN:CA SmartCentres Real Estate Inves..

+0.04 (+0.15%)

CAD 4.60B
FCR-UN:CA First Capital Real Estate Inve..

+0.08 (+0.43%)

CAD 3.97B
CRT-UN:CA CT Real Estate Investment Trus..

+0.09 (+0.56%)

CAD 3.76B
PMZ-UN:CA Primaris Retail R.E. Invest. T..

+0.14 (+0.87%)

CAD 1.53B
SGR-UN:CA Slate Grocery REIT

+0.07 (+0.50%)

CAD 0.83B
SGR-U:CA Slate Grocery REIT

N/A

CAD 0.61B
PLZ-UN:CA Plaza Retail REIT

+0.03 (+0.77%)

CAD 0.43B
FCD-UN:CA Firm Capital Property Trust

+0.01 (+0.17%)

CAD 0.21B

ETFs Containing CHP-UN:CA

REIT:CA 9.79 % 0.51 %

N/A

N/A
MCSB:CA Mackenzie Canadian Short .. 1.38 % 0.48 %

N/A

CAD 0.02B

Market Performance

  Market Performance vs. Industry/Classification (REIT - Retail) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.03% 20% F 39% F
Dividend Return 1.82% 10% F 47% F
Total Return 9.84% 20% F 42% F
Trailing 12 Months  
Capital Gain 18.47% 60% D- 52% F
Dividend Return 1.99% 10% F 38% F
Total Return 20.47% 50% F 50% F
Trailing 5 Years  
Capital Gain 3.72% 83% B 40% F
Dividend Return 9.17% 33% F 37% F
Total Return 12.88% 67% D+ 37% F
Average Annual (5 Year Horizon)  
Capital Gain 0.67% 80% B- 39% F
Dividend Return 2.35% 50% F 40% F
Total Return 1.68% 30% F 50% F
Risk Return Profile  
Volatility (Standard Deviation) 10.25% 90% A- 70% C-
Risk Adjusted Return 22.89% 90% A- 44% F
Market Capitalization 10.90B 100% F 90% A-

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 return on assets

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

Superior return on equity

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

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.

Underpriced on free cash flow basis

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

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 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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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.