InterRent Real Estate Investment Trust IIP.UN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- CAD 12.13
- Day Range
- CAD 12.09–12.27
- 52-Week Range
- CAD 11.43–14.50
- Bid/Ask
- CAD 12.04 / CAD 12.18
- Market Cap
- CAD 1.76 Bil
- Volume/Avg
- 117,115 / 358,929
Key Statistics
- Price/Earnings (Normalized)
- 19.96
- Price/Sales
- 7.36
- Dividend Yield (Trailing)
- 3.03%
- Dividend Yield (Forward)
- 3.12%
- Total Yield
- 3.10%
Company Profile
InterRent Real Estate Investment Trust is an open-ended real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. The company operations are carried out throughout the region of Canada. It derives revenue from investment properties which includes rents from tenants under leases, parking, laundry and other ancillary services.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Small Core
- Total Number of Employees
- 474
- Website
- https://www.interrentreit.com
Comparables
Valuation
|
Metric
|
IIP.UN
|
CAR.UN
|
BEI.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.96 | 17.65 | 19.74 |
Price/Book Value | 0.69 | 0.77 | 0.91 |
Price/Sales | 7.36 | 6.84 | 6.14 |
Price/Cash Flow | 19.11 | 18.08 | 17.50 |
Price/Earnings
IIP.UN
CAR.UN
BEI.UN
Financial Strength
|
Metric
|
IIP.UN
|
CAR.UN
|
BEI.UN
|
|---|---|---|---|
Quick Ratio | 0.01 | 0.10 | 0.56 |
Current Ratio | 0.03 | 0.19 | 0.61 |
Interest Coverage | 2.52 | −1.38 | 7.71 |
Quick Ratio
IIP.UN
CAR.UN
BEI.UN
Profitability
|
Metric
|
IIP.UN
|
CAR.UN
|
BEI.UN
|
|---|---|---|---|
Return on Assets (Normalized) | 1.82% | −2.33% | 8.96% |
Return on Equity (Normalized) | 3.12% | −4.19% | 17.54% |
Return on Invested Capital (Normalized) | 2.92% | −1.39% | 10.74% |
Return on Assets
IIP.UN
CAR.UN
BEI.UN
REIT - Residential Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
AVB
| AvalonBay Communities Inc | Cfvwwxrnkz | Gtx | $27.2 Bil | |
EQR
| Equity Residential | Xkrpgzvl | Znvd | $24.7 Bil | |
INVH
| Invitation Homes Inc | Yhypnbsq | Wmht | $21.3 Bil | |
ESS
| Essex Property Trust Inc | Mbcycbljx | Lnw | $15.9 Bil | |
MAA
| Mid-America Apartment Communities Inc | — | Pcy | $15.1 Bil | |
SUI
| Sun Communities Inc | Nncdfqlvt | Fxfc | $14.8 Bil | |
AMH
| American Homes 4 Rent Class A | — | Ypfd | $13.3 Bil | |
UDR
| UDR Inc | — | Ypyq | $12.2 Bil | |
ELS
| Equity Lifestyle Properties Inc | Nkkkyvxf | Kdyg | $11.5 Bil | |
AIRC
| Apartment Income REIT Corp Class A | Ltkncdn | Zxb | $5.6 Bil |