European Residential REIT ERE.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
Trading Information
- Previous Close Price
- CAD 2.36
- Day Range
- CAD 2.35–2.38
- 52-Week Range
- CAD 2.12–3.40
- Bid/Ask
- CAD 2.36 / CAD 2.40
- Market Cap
- CAD 216.78 Mil
- Volume/Avg
- 18,580 / 40,821
Key Statistics
- Price/Earnings (Normalized)
- 10.49
- Price/Sales
- 3.95
- Dividend Yield (Trailing)
- 7.38%
- Dividend Yield (Forward)
- 7.38%
- Total Yield
- 7.38%
Company Profile
European Residential REIT is an unincorporated, open-ended real estate investment trust. The company is focused on multi-residential real estate investment trust, with a current initial focus on investing in multi-residential real estate properties in Europe. The REIT owns and operates a portfolio of multi-residential properties, including apartments and townhomes, as well as commercial properties in Europe.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Small Value
- Total Number of Employees
- —
- Website
- https://www.eresreit.com
Comparables
Valuation
|
Metric
|
ERE.UN
|
MRG.UN
|
BTB.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.49 | 10.81 | 7.68 |
Price/Book Value | 0.35 | 0.31 | 0.57 |
Price/Sales | 3.95 | 1.81 | 2.12 |
Price/Cash Flow | 22.31 | 6.91 | 7.14 |
Price/Earnings
ERE.UN
MRG.UN
BTB.UN
Financial Strength
|
Metric
|
ERE.UN
|
MRG.UN
|
BTB.UN
|
|---|---|---|---|
Quick Ratio | 0.09 | 0.12 | 0.08 |
Current Ratio | 0.11 | 0.19 | 0.09 |
Interest Coverage | −3.31 | 4.19 | 2.00 |
Quick Ratio
ERE.UN
MRG.UN
BTB.UN
Profitability
|
Metric
|
ERE.UN
|
MRG.UN
|
BTB.UN
|
|---|---|---|---|
Return on Assets (Normalized) | −7.70% | 3.91% | 3.11% |
Return on Equity (Normalized) | −29.87% | 8.82% | 8.02% |
Return on Invested Capital (Normalized) | −7.77% | 6.27% | 5.21% |
Return on Assets
ERE.UN
MRG.UN
BTB.UN
REIT - Residential Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
AVB
| AvalonBay Communities Inc | Jwbpnvqrj | Sqk | $27.2 Bil | |
EQR
| Equity Residential | Kcvzsdzmc | Qdk | $24.7 Bil | |
INVH
| Invitation Homes Inc | Jyxmybfbk | Dyhm | $21.2 Bil | |
ESS
| Essex Property Trust Inc | Ppprvrlh | Snst | $15.9 Bil | |
MAA
| Mid-America Apartment Communities Inc | — | Vyjjj | $15.3 Bil | |
SUI
| Sun Communities Inc | Vfzxyfscf | Zmsbk | $15.0 Bil | |
AMH
| American Homes 4 Rent Class A | — | Ldwnv | $13.2 Bil | |
UDR
| UDR Inc | — | Wkpbt | $12.6 Bil | |
ELS
| Equity Lifestyle Properties Inc | Xmzbwktz | Flj | $11.3 Bil | |
AIRC
| Apartment Income REIT Corp Class A | Dnsqnvpb | Jfn | $5.6 Bil |