Choice Properties Real Estate Investment Trust CHP.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.
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News
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Choice Properties Real Estate Investment Trust Announces Election of Trustees
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Choice Properties Real Estate Investment Trust Reports Results for the Three Months Ended March 31, 2024
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Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of April, 2024
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Choice Properties Real Estate Investment Trust Schedules First Quarter 2024 Results Release
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Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of March, 2024
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Choice Properties Real Estate Investment Trust Reports Results for the Year Ended December 31, 2023, and Announces Distribution Increase
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Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of February, 2024
Trading Information
- Previous Close Price
- CAD 13.06
- Day Range
- CAD 12.99–13.22
- 52-Week Range
- CAD 11.79–14.78
- Bid/Ask
- CAD 13.03 / CAD 13.14
- Market Cap
- CAD 4.29 Bil
- Volume/Avg
- 352,201 / 405,226
Key Statistics
- Price/Earnings (Normalized)
- 13.20
- Price/Sales
- 6.95
- Dividend Yield (Trailing)
- 5.74%
- Dividend Yield (Forward)
- 5.81%
- Total Yield
- 5.75%
Company Profile
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use, and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generates the majority of its revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Stock Style Box
- Mid Core
- Total Number of Employees
- 280
- Website
- https://www.choicereit.ca
Comparables
Valuation
|
Metric
|
CHP.UN
|
REI.UN
|
IIP.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.20 | 10.22 | 19.96 |
Price/Book Value | 0.96 | 0.71 | 0.69 |
Price/Sales | 6.95 | 4.69 | 7.36 |
Price/Cash Flow | 13.33 | 10.66 | 19.11 |
Price/Earnings
CHP.UN
REI.UN
IIP.UN
Financial Strength
|
Metric
|
CHP.UN
|
REI.UN
|
IIP.UN
|
|---|---|---|---|
Quick Ratio | 0.35 | 0.14 | 0.01 |
Current Ratio | 0.35 | 0.34 | 0.03 |
Interest Coverage | 2.11 | 1.00 | 2.52 |
Quick Ratio
CHP.UN
REI.UN
IIP.UN
Profitability
|
Metric
|
CHP.UN
|
REI.UN
|
IIP.UN
|
|---|---|---|---|
Return on Assets (Normalized) | 3.19% | 0.31% | 1.82% |
Return on Equity (Normalized) | 12.62% | 0.61% | 3.12% |
Return on Invested Capital (Normalized) | 9.70% | 1.25% | 2.92% |
Return on Assets
CHP.UN
REI.UN
IIP.UN
REIT - Retail Industry Comparables
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Ticker
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Name
|
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REG
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