Inovalis Real Estate Investment Trust INO.UN

Morningstar Rating
CA$0.68 +0.01 (1.49%)
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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

INO.UN is trading at a LOCK|Hd@SZY premium.
Price
CA$0.68
Fair Value
LOCK|mVbW!w
Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
CA$0.67
Day Range
CA$0.68–0.69
52-Week Range
CA$0.61–1.25
Bid/Ask
CA$0.66 / CA$0.70
Shares Outstanding
33.55M
Market Cap
CA$22.82M
Volume/Avg
6,519 / 22,879

Key Statistics

Price/Earnings (Normalized)
5.26
Price/Sales
1.19
Dividend Yield (Trailing)
6.73%
Dividend Yield (Forward)
6.73%
Dividend Payment Schedule
Jan
Total Yield
6.73%

Company Profile

Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. Its portfolio comprises office properties that are leased to corporate clients in France, Spain, and Germany. The Trust's investment criteria encompass office properties outside of Canada with an occupancy level of above eighty percent (unless AFFO accretive), secured rental cash flows, a property value of approximately between twenty and sixty million euros (unless AFFO accretive), and a potential future upside with respect to matters including rent and area development. The majority of the REIT's revenue is generated through rental income from its investment properties in France.
Sector
Real Estate
Industry
REIT - Office
Stock Style Box
Small Value
Total Number of Employees
300

Valuation

Metric
INO.UN
Price/Earnings (Normalized)
5.26
Price/Book Value
0.16
Price/Sales
1.19
Price/Cash Flow
—
Price/Earnings
INO.UN

Financial Strength

Metric
INO.UN
Quick Ratio
0.24
Current Ratio
0.27
Interest Coverage
−4.93
Quick Ratio
INO.UN

Profitability

Metric
INO.UN
Return on Assets (Normalized)
−11.16%
Return on Equity (Normalized)
−25.84%
Return on Invested Capital (Normalized)
−10.76%
Return on Assets
INO.UN

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