Allied Properties Real Estate Investment Trust
TSX:AP.UN

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Allied Properties Real Estate Investment Trust Logo
Allied Properties Real Estate Investment Trust
TSX:AP.UN
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Price: 13.22 CAD -0.45%
Market Cap: 1.8B CAD
Section:
 

Relative Value

The Relative Value of one AP.UN stock under the Base Case scenario is 39.52 CAD. Compared to the current market price of 13.22 CAD, Allied Properties Real Estate Investment Trust is Undervalued by 67%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AP.UN Relative Value
Base Case
39.52 CAD
Undervaluation 67%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.8
P/S
P/S
Price to Sales
2.8
vs History
96
vs Industry
47
Median 3Y
4
Median 5Y
5.4
Industry
3.8
Forward
2.8
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
24
Median 3Y
-3.9
Median 5Y
7.3
Industry
16.3
Forward
-6.3
More Details
8.3
P/OCF
P/OCF
Price to OCF
8.3
vs History
77
vs Industry
25
Median 3Y
9.7
Median 5Y
11.9
Industry
11.1
More Details
5.9
P/FCFE
P/FCFE
Price to FCFE
5.9
vs History
46
vs Industry
37
Median 3Y
4.6
Median 5Y
5.7
Industry
12.8
More Details
0.3
P/B
P/B
Price to Book Value
0.3
vs History
93
vs Industry
71
Median 3Y
0.4
Median 5Y
0.4
Industry
0.9
More Details
9.4
EV/S
EV/S
Enterprise Value to Sales
9.4
vs History
88
vs Industry
34
Median 3Y
10.1
Median 5Y
12.4
Industry
6.9
Forward
9.2
More Details
16.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
16.8
vs History
87
vs Industry
29
Median 3Y
17.7
Median 5Y
21.6
Industry
12.5
More Details
20.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
20.3
vs History
90
vs Industry
27
Median 3Y
22.1
Median 5Y
24.7
Industry
15.8
Forward
16.3
More Details
20.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
20.5
vs History
90
vs Industry
34
Median 3Y
22.2
Median 5Y
24.8
Industry
19
More Details
27.6
EV/OCF
EV/OCF
Enterprise Value to OCF
27.6
vs History
42
vs Industry
12
Median 3Y
23.7
Median 5Y
27.1
Industry
18.4
More Details
27.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
27.8
vs History
42
vs Industry
16
Median 3Y
23.8
Median 5Y
27.3
Industry
20.4
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
74
vs Industry
61
Median 3Y
0.6
Median 5Y
0.6
Industry
0.8
More Details

Multiples Across Competitors

AP.UN Competitors Multiples
Allied Properties Real Estate Investment Trust Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Allied Properties Real Estate Investment Trust
TSX:AP.UN
1.7B CAD 2.8 -2.9 20.3 20.5
US
Boston Properties Inc
NYSE:BXP
11.3B USD 3.3 -56.3 14.2 26.8
US
Alexandria Real Estate Equities Inc
NYSE:ARE
7.9B USD 2.5 -18.8 9.8 27
JP
Nippon Building Fund Inc
TSE:8951
1.2T JPY 11.9 26.2 26.4 34.7
FR
Covivio SA
PAR:COV
6B EUR 4.3 14.3 14.3 16.9
US
Vornado Realty Trust
NYSE:VNO
6.8B USD 3.7 8 17.3 48.3
US
COPT Defense Properties
NYSE:CDP
6.5B USD 8.7 43.6 39.4 39.4
JP
Japan Real Estate Investment Corp
TSE:8952
900.7B JPY 10.5 23.9 23.8 30.8
AU
Dexus
ASX:DXS
7.5B AUD 7.9 48.2 31 31
US
Kilroy Realty Corp
NYSE:KRC
4.9B USD 4.3 15.1 13.2 27.1
JP
Kenedix Office Investment Corp
TSE:8972
698B JPY 8.9 20.6 23.3 29.4
P/E Multiple
Earnings Growth PEG
CA
Allied Properties Real Estate Investment Trust
TSX:AP.UN
Average P/E: 25
Negative Multiple: -2.9 		N/A N/A
US
Boston Properties Inc
NYSE:BXP
Negative Multiple: -56.3
202%
N/A
US
Alexandria Real Estate Equities Inc
NYSE:ARE
Negative Multiple: -18.8
-53%
N/A
JP
Nippon Building Fund Inc
TSE:8951
26.2
1%
26.2
FR
Covivio SA
PAR:COV
14.3
101%
0.1
US
Vornado Realty Trust
NYSE:VNO
8
47%
0.2
US
COPT Defense Properties
NYSE:CDP
43.6
5%
8.7
JP
Japan Real Estate Investment Corp
TSE:8952
23.9
-2%
N/A
AU
Dexus
ASX:DXS
48.2
64%
0.8
US
Kilroy Realty Corp
NYSE:KRC
15.1
-30%
N/A
JP
Kenedix Office Investment Corp
TSE:8972
20.6
-12%
N/A

See Also

Summary
AP.UN intrinsic value, competitors valuation, and company profile.
DCF Valuation
AP.UN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AP.UN stock valuation using valuation multiples.
Wall Street Estimates
AP.UN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AP.UN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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