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Allied Properties Real Estate Investment Trust APYRF

Morningstar Rating
$12.32 +0.28 (2.34%)
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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.

Price vs Fair Value

APYRF is trading at a 38% discount.
Price
$12.29
Fair Value
$24.72
Uncertainty
Very High
1-Star Price
$74.53
5-Star Price
$13.38
Economic Moat
Gtqd
Capital Allocation
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News

Trading Information

Previous Close Price
$12.04
Day Range
$12.0412.32
52-Week Range
$11.0617.94
Bid/Ask
$12.40 / $12.43
Market Cap
$1.58 Bil
Volume/Avg
30,174 / 26,879

Key Statistics

Price/Earnings (Normalized)
9.42
Price/Sales
4.12
Dividend Yield (Trailing)
11.14%
Dividend Yield (Forward)
10.60%
Total Yield
11.14%

Company Profile

Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' major tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications/IT and retail properties within its real estate portfolio.
Sector
Real Estate
Industry
REIT - Office
Stock Style Box
Small Value
Total Number of Employees
386

Comparables

Valuation

Metric
APYRF
MRG.UN
BTB.UN
Price/Earnings (Normalized)
9.4210.767.73
Price/Book Value
0.340.310.57
Price/Sales
4.121.802.13
Price/Cash Flow
9.286.887.18
Price/Earnings
APYRF
MRG.UN
BTB.UN

Financial Strength

Metric
APYRF
MRG.UN
BTB.UN
Quick Ratio
0.630.120.08
Current Ratio
0.730.190.09
Interest Coverage
−4.754.192.00
Quick Ratio
APYRF
MRG.UN
BTB.UN

Profitability

Metric
APYRF
MRG.UN
BTB.UN
Return on Assets (Normalized)
−4.58%3.91%3.11%
Return on Equity (Normalized)
−8.09%8.82%8.02%
Return on Invested Capital (Normalized)
−4.39%6.27%5.21%
Return on Assets
APYRF
MRG.UN
BTB.UN
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