Artis Real Estate Investment Trust
TSX:AX.UN

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Artis Real Estate Investment Trust
TSX:AX.UN
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Price: 23.63 CAD 3.01% Market Closed
Market Cap: CA$2.3B

Relative Value

The Relative Value of one AX.UN stock under the Base Case scenario is 8.96 CAD. Compared to the current market price of 23.63 CAD, Artis Real Estate Investment Trust is Overvalued by 62%.

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.

AX.UN Relative Value
Base Case
8.96 CAD
Overvaluation 62%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

AX.UN Competitors Multiples
Artis Real Estate Investment Trust Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Artis Real Estate Investment Trust
TSX:AX.UN
2.2B CAD 9.1 -25.8 304.5 363.6
ZA
Growthpoint Properties Ltd
JSE:GRT
62.8B ZAR 4.6 11.5 14.3 14.3
ZA
Redefine Properties Ltd
JSE:RDF
48B ZAR 4.4 11.6 14.5 14.6
US
WP Carey Inc
NYSE:WPC
16.1B USD 9.3 34.4 17.5 28.2
ZA
Fairvest Ltd
JSE:FTA
13.9B ZAR 6.4 9.5 14.6 14.6
ZA
Attacq Ltd
JSE:ATT
12.8B ZAR 4.5 8.5 12.4 12.5
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
10.3B ZAR 3.5 16.7 11.7 11.9
JP
KDX Realty Investment Corp
OTC:KDXRF
9.5B USD 18.7 43.4 38.3 48.2
ES
MERLIN Properties SOCIMI SA
MAD:MRL
7.7B EUR 14.6 11.9 17.1 17.2
AU
Stockland Corporation Ltd
ASX:SGP
12.1B AUD 3.6 13.9 20.6 20.6
ZA
Heriot REIT Ltd
JSE:HET
7.3B ZAR 4.3 5.3 12.3 12.6