` Comparison: FCR.UN, 823 - Alpha Spread

FCR.UN
vs
823

Over the past 12 months, FCR.UN has outperformed Link Real Estate Investment Trust, delivering a return of +13% compared to the Link Real Estate Investment Trust's +7% growth.

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FCR.UN
823
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Valuation Comparison

FCR.UN Intrinsic Value
25.24 CAD
Undervaluation 24%
Intrinsic Value
Price
Intrinsic Value
43.93 HKD
Undervaluation 20%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
First Capital Real Estate Investment Trust
TSX:FCR.UN
19.16 CAD
Link Real Estate Investment Trust
HKEX:823
34.98 HKD
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Valuation Scenario:
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Growth Comparison

Growth Over Time
FCR.UN, 823

FCR.UN
823
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
First Capital Real Estate Investment Trust
Revenue
Link Real Estate Investment Trust
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
FCR.UN, 823

FCR.UN
823
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
First Capital Real Estate Investment Trust
TSX:FCR.UN
Link Real Estate Investment Trust
HKEX:823
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What is Free Cash Flow?

Gross Margin

FCR.UN
62.3%
Link Real Estate Investment Trust
80.8%

Operating Margin

FCR.UN
55%
Link Real Estate Investment Trust
67.4%

Net Margin

FCR.UN
33.9%
Link Real Estate Investment Trust
-48.2%

FCF Margin

FCR.UN
30.1%
Link Real Estate Investment Trust
62.3%

ROE

FCR.UN
6.2%
Link Real Estate Investment Trust
-4%

ROA

FCR.UN
2.7%
Link Real Estate Investment Trust
-2.8%

ROIC

FCR.UN
4.1%
Link Real Estate Investment Trust
4.5%

ROCE

FCR.UN
4.8%
Link Real Estate Investment Trust
4.2%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
FCR.UN, 823

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Performance Gap
FCR.UN, 823

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FCR.UN
823
Difference
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Performance By Year
FCR.UN, 823

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FCR.UN
823
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