Boardwalk Real Estate Investment Trust BOWFF
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
- $52.16
- Day Range
- $53.36–54.00
- 52-Week Range
- $41.47–58.95
- Bid/Ask
- $54.26 / $54.35
- Market Cap
- $2.91 Bil
- Volume/Avg
- 14,437 / 8,225
Key Statistics
- Price/Earnings (Normalized)
- 19.70
- Price/Sales
- 6.12
- Dividend Yield (Trailing)
- 1.68%
- Dividend Yield (Forward)
- 1.98%
- Total Yield
- 1.77%
Company Profile
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 1,558
- Website
- https://www.bwalk.com
Comparables
Valuation
|
Metric
|
BOWFF
|
IIP.UN
|
CAR.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.70 | 19.92 | 17.82 |
Price/Book Value | 0.89 | 0.69 | 0.78 |
Price/Sales | 6.12 | 7.34 | 6.90 |
Price/Cash Flow | 17.46 | 19.08 | 18.24 |
Price/Earnings
BOWFF
IIP.UN
CAR.UN
Financial Strength
|
Metric
|
BOWFF
|
IIP.UN
|
CAR.UN
|
|---|---|---|---|
Quick Ratio | 0.56 | 0.01 | 0.10 |
Current Ratio | 0.61 | 0.03 | 0.19 |
Interest Coverage | 7.71 | 2.52 | −1.38 |
Quick Ratio
BOWFF
IIP.UN
CAR.UN
Profitability
|
Metric
|
BOWFF
|
IIP.UN
|
CAR.UN
|
|---|---|---|---|
Return on Assets (Normalized) | 8.96% | 1.82% | −2.33% |
Return on Equity (Normalized) | 17.54% | 3.12% | −4.19% |
Return on Invested Capital (Normalized) | 10.74% | 2.92% | −1.39% |
Return on Assets
BOWFF
IIP.UN
CAR.UN
REIT - Residential Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
AVB
| AvalonBay Communities Inc | Kjxzybnkml | Qhbdk | $26.6 Bil | |
EQR
| Equity Residential | Jszfymkm | Zxkmr | $23.1 Bil | |
INVH
| Invitation Homes Inc | Bxwlhbtdz | Qwcx | $20.7 Bil | |
ESS
| Essex Property Trust Inc | Vrjxbsq | Fgmp | $15.4 Bil | |
MAA
| Mid-America Apartment Communities Inc | — | Bgpx | $14.9 Bil | |
SUI
| Sun Communities Inc | Qwvrzzy | Qtdr | $14.7 Bil | |
AMH
| American Homes 4 Rent Class A | — | Lqyy | $13.0 Bil | |
UDR
| UDR Inc | — | Jlq | $12.2 Bil | |
ELS
| Equity Lifestyle Properties Inc | Sfjndtq | Mgqb | $11.6 Bil | |
AIRC
| Apartment Income REIT Corp Class A | Vygwjjtcp | Gvcf | $5.6 Bil |