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Dream Office Real Estate Investment Trust Registered Shs Series -A- DRETF

Morningstar Rating
$13.18 −1.41 (9.67%)
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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

DRETF is trading at a 43% discount.
Price
$13.07
Fair Value
$34.99
Uncertainty
Very High
1-Star Price
$97.67
5-Star Price
$67.65
Economic Moat
Qbgsl
Capital Allocation
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Trading Information

Previous Close Price
$14.59
Day Range
$13.1813.18
52-Week Range
$5.9728.53
Bid/Ask
$11.29 / $18.77
Market Cap
$214.92 Mil
Volume/Avg
17,011 / 7,036

Key Statistics

Price/Earnings (Normalized)
10.78
Price/Sales
2.09
Dividend Yield (Trailing)
10.65%
Dividend Yield (Forward)
5.51%
Total Yield
80.42%

Company Profile

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.
Sector
Real Estate
Industry
REIT - Office
Stock Style Box
Small Value
Total Number of Employees
236

Comparables

Valuation

Metric
DRETF
BEI.UN
CAR.UN
Price/Earnings (Normalized)
10.7820.0017.82
Price/Book Value
0.240.920.78
Price/Sales
2.096.226.90
Price/Cash Flow
38.1917.7218.24
Price/Earnings
DRETF
BEI.UN
CAR.UN

Financial Strength

Metric
DRETF
BEI.UN
CAR.UN
Quick Ratio
0.140.560.10
Current Ratio
0.180.610.19
Interest Coverage
−0.287.71−1.38
Quick Ratio
DRETF
BEI.UN
CAR.UN

Profitability

Metric
DRETF
BEI.UN
CAR.UN
Return on Assets (Normalized)
−3.28%8.96%−2.33%
Return on Equity (Normalized)
−6.86%17.54%−4.19%
Return on Invested Capital (Normalized)
−1.81%10.74%−1.39%
Return on Assets
DRETF
BEI.UN
CAR.UN
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