Minto Apartment REIT MI.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.
Trading Information
- Previous Close Price
- CAD 14.90
- Day Range
- CAD 14.68–15.00
- 52-Week Range
- CAD 12.81–17.89
- Bid/Ask
- CAD 14.76 / CAD 14.82
- Market Cap
- CAD 588.50 Mil
- Volume/Avg
- 14,351 / 94,135
Key Statistics
- Price/Earnings (Normalized)
- 17.15
- Price/Sales
- 3.76
- Dividend Yield (Trailing)
- 3.29%
- Dividend Yield (Forward)
- 3.35%
- Total Yield
- 3.33%
Company Profile
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in 32 multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Small Core
- Total Number of Employees
- 254
Comparables
Valuation
|
Metric
|
MI.UN
|
BEI.UN
|
IIP.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 17.15 | 19.74 | 19.96 |
Price/Book Value | 0.55 | 0.91 | 0.69 |
Price/Sales | 3.76 | 6.14 | 7.36 |
Price/Cash Flow | 12.41 | 17.50 | 19.11 |
Price/Earnings
MI.UN
BEI.UN
IIP.UN
Financial Strength
|
Metric
|
MI.UN
|
BEI.UN
|
IIP.UN
|
|---|---|---|---|
Quick Ratio | 0.62 | 0.56 | 0.01 |
Current Ratio | 1.01 | 0.61 | 0.03 |
Interest Coverage | −2.62 | 7.71 | 2.52 |
Quick Ratio
MI.UN
BEI.UN
IIP.UN
Profitability
|
Metric
|
MI.UN
|
BEI.UN
|
IIP.UN
|
|---|---|---|---|
Return on Assets (Normalized) | −4.09% | 8.96% | 1.82% |
Return on Equity (Normalized) | −9.64% | 17.54% | 3.12% |
Return on Invested Capital (Normalized) | −4.06% | 10.74% | 2.92% |
Return on Assets
MI.UN
BEI.UN
IIP.UN
REIT - Residential Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
AVB
| AvalonBay Communities Inc | Cgnbltdrm | Yzsdz | $27.2 Bil | |
EQR
| Equity Residential | Hqpnbtxz | Zczl | $24.7 Bil | |
INVH
| Invitation Homes Inc | Scwzklvq | Xzl | $21.3 Bil | |
ESS
| Essex Property Trust Inc | Dllrvwwqw | Klkfr | $15.9 Bil | |
MAA
| Mid-America Apartment Communities Inc | — | Zwhjc | $15.1 Bil | |
SUI
| Sun Communities Inc | Lqckbsgv | Wwdw | $14.8 Bil | |
AMH
| American Homes 4 Rent Class A | — | Mxyy | $13.3 Bil | |
UDR
| UDR Inc | — | Bsnl | $12.2 Bil | |
ELS
| Equity Lifestyle Properties Inc | Kxktbxstc | Gstjr | $11.5 Bil | |
AIRC
| Apartment Income REIT Corp Class A | Dvkvgxy | Jws | $5.6 Bil |