SRU-UN:CA:TSX-SmartCentres Real Estate Investment Trust (CAD)

COMMON STOCK | REIT - Retail |

Last Closing

CAD 26.9

Change

+0.04 (+0.15)%

Market Cap

CAD 4.60B

Volume

0.33M

Analyst Target

CAD 24.88
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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

Largest Industry Peers for REIT - Retail

Symbol Name Price(Change) Market Cap
CHP-UN:CA Choice Properties Real Estate ..

+0.01 (+0.07%)

CAD 10.90B
REI-UN:CA RioCan Real Estate Investment ..

+0.01 (+0.05%)

CAD 6.12B
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 SRU-UN:CA

RGRE:CA 4.35 % 0.64 %

N/A

N/A

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 8.08% 30% F 39% F
Dividend Return 2.48% 50% F 59% D-
Total Return 10.55% 30% F 43% F
Trailing 12 Months  
Capital Gain 18.29% 50% F 51% F
Dividend Return 2.71% 60% D- 48% F
Total Return 21.01% 60% D- 52% F
Trailing 5 Years  
Capital Gain -17.66% 33% F 17% F
Dividend Return 9.91% 50% F 40% F
Total Return -7.75% 33% F 19% F
Average Annual (5 Year Horizon)  
Capital Gain 0.97% 100% F 41% F
Dividend Return 3.12% 80% B- 44% F
Total Return 2.15% 50% F 58% F
Risk Return Profile  
Volatility (Standard Deviation) 25.22% 20% F 35% F
Risk Adjusted Return 12.39% 50% F 36% F
Market Capitalization 4.60B 80% B- 84% B

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 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.

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.

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.

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.

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.

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.

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 Revenue Growth

This stock has shown below median revenue 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.