Canadian Apartment Properties Real Estate Investment Trust CDPYF
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
- $31.37
- Day Range
- $31.66–31.66
- 52-Week Range
- $29.41–40.63
- Bid/Ask
- $31.30 / $31.63
- Market Cap
- $5.31 Bil
- Volume/Avg
- 500 / 10,775
Key Statistics
- Price/Earnings (Normalized)
- 17.52
- Price/Sales
- 6.79
- Dividend Yield (Trailing)
- 3.52%
- Dividend Yield (Forward)
- 3.36%
- Total Yield
- 4.91%
Company Profile
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Mid Core
- Total Number of Employees
- 1,001
- Website
- https://www.capreit.ca
Comparables
Valuation
|
Metric
|
CDPYF
|
IIP.UN
|
BEI.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 17.52 | 19.96 | 19.79 |
Price/Book Value | 0.75 | 0.69 | 0.91 |
Price/Sales | 6.79 | 7.36 | 6.15 |
Price/Cash Flow | 17.94 | 19.11 | 17.54 |
Price/Earnings
CDPYF
IIP.UN
BEI.UN
Financial Strength
|
Metric
|
CDPYF
|
IIP.UN
|
BEI.UN
|
|---|---|---|---|
Quick Ratio | 0.10 | 0.01 | 0.56 |
Current Ratio | 0.19 | 0.03 | 0.61 |
Interest Coverage | −1.38 | 2.52 | 7.71 |
Quick Ratio
CDPYF
IIP.UN
BEI.UN
Profitability
|
Metric
|
CDPYF
|
IIP.UN
|
BEI.UN
|
|---|---|---|---|
Return on Assets (Normalized) | −2.33% | 1.82% | 8.96% |
Return on Equity (Normalized) | −4.19% | 3.12% | 17.54% |
Return on Invested Capital (Normalized) | −1.39% | 2.92% | 10.74% |
Return on Assets
CDPYF
IIP.UN
BEI.UN
REIT - Residential Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
AVB
| AvalonBay Communities Inc | Shxcpklxvg | Vsh | $27.2 Bil | |
EQR
| Equity Residential | Wmlmrcfv | Rmrz | $24.5 Bil | |
INVH
| Invitation Homes Inc | Ntxtydj | Kqmn | $21.0 Bil | |
ESS
| Essex Property Trust Inc | Dxqvtwg | Zdcy | $15.9 Bil | |
MAA
| Mid-America Apartment Communities Inc | — | Ygn | $14.9 Bil | |
SUI
| Sun Communities Inc | Tldxjys | Qfsj | $14.8 Bil | |
AMH
| American Homes 4 Rent Class A | — | Fyrr | $13.0 Bil | |
UDR
| UDR Inc | — | Vrpkm | $12.2 Bil | |
ELS
| Equity Lifestyle Properties Inc | Xlrqltbx | Wjpb | $11.5 Bil | |
AIRC
| Apartment Income REIT Corp Class A | Hdsfncwp | Qdqs | $5.6 Bil |