Artis Real Estate Investment Trust
TSX:AX.UN

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Artis Real Estate Investment Trust Logo
Artis Real Estate Investment Trust
TSX:AX.UN
Watchlist
Price: 7.43 CAD 1.09% Market Closed
Market Cap: 713.1m CAD
Section:
 

Relative Value

The Relative Value of one AX.UN stock under the Base Case scenario is hidden CAD. Compared to the current market price of 7.43 CAD, Artis Real Estate Investment Trust is hidden .

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
HIDDEN
Show
Worst Case
Base Case
Best Case

Valuation Multiples

2.9
P/S
P/S
Price to Sales
2.9
vs History
25
vs Industry
54
Median 3Y
2.4
Median 5Y
2.7
Industry
3.8
Forward
2.6
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-3.1
Median 5Y
-2.1
Industry
16.2
Forward
-55.5
More Details
9.1
P/OCF
P/OCF
Price to OCF
9.1
vs History
30
vs Industry
40
Median 3Y
9
Median 5Y
7.7
Industry
11.2
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
0
Median 3Y
-1.6
Median 5Y
-2.7
Industry
12.8
More Details
0.5
P/B
P/B
Price to Book Value
0.5
vs History
31
vs Industry
66
Median 3Y
0.4
Median 5Y
0.5
Industry
0.9
More Details
5.4
EV/S
EV/S
Enterprise Value to Sales
5.4
vs History
47
vs Industry
53
Median 3Y
5.2
Median 5Y
5.4
Industry
6.9
Forward
4.9
More Details
10.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.4
vs History
23
vs Industry
57
Median 3Y
9.4
Median 5Y
9.8
Industry
12.5
More Details
141.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
141.4
vs History
0
vs Industry
51
Median 3Y
10.3
Median 5Y
10.6
Industry
15.8
Forward
6.4
More Details
168.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
168.8
vs History
0
vs Industry
53
Median 3Y
10.4
Median 5Y
10.7
Industry
19.1
More Details
17.3
EV/OCF
EV/OCF
Enterprise Value to OCF
17.3
vs History
33
vs Industry
38
Median 3Y
17.4
Median 5Y
16.4
Industry
18.5
More Details
17.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
17.3
vs History
36
vs Industry
35
Median 3Y
17.5
Median 5Y
16.4
Industry
20.5
More Details
0.5
EV/IC
EV/IC
Enterprise Value to IC
0.5
vs History
38
vs Industry
63
Median 3Y
0.5
Median 5Y
0.5
Industry
0.8
More Details

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
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Artis Real Estate Investment Trust
TSX:AX.UN
713m CAD 2.9 -8.1 141.4 168.8
ZA
Growthpoint Properties Ltd
JSE:GRT
57B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
37.8B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
14.2B USD 8.5 39 16.5 26.2
ZA
Attacq Ltd
JSE:ATT
11.3B Zac 0 0 0 0
ZA
Fairvest Ltd
JSE:FTA
11.1B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.5B USD 18.8 43.4 39.1 49.2
AU
Stockland Corporation Ltd
ASX:SGP
14B AUD 4.5 16.9 23.2 23.2
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
8.6B Zac 0 0 0 0
ES
MERLIN Properties SOCIMI SA
MAD:MRL
6.8B EUR 13.1 10.6 26.5 26.8
AU
Charter Hall Group
ASX:CHC
11.9B AUD 17.2 52.5 26.3 26.3
P/E Multiple
Earnings Growth PEG
CA
Artis Real Estate Investment Trust
TSX:AX.UN
Average P/E: 32.5
Negative Multiple: -8.1 		N/A N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
3%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
2%
N/A
US
WP Carey Inc
NYSE:WPC
39
10%
3.9
ZA
A
Attacq Ltd
JSE:ATT
Not Available
-10%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
43.4
-12%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
16.9
7%
2.4
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
11%
N/A
ES
MERLIN Properties SOCIMI SA
MAD:MRL
10.6
7%
1.5
AU
Charter Hall Group
ASX:CHC
52.5
34%
1.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Artis Real Estate Investment Trust
TSX:AX.UN
Average EV/EBITDA: 45.5
141.4
N/A N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-1%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
1%
N/A
US
WP Carey Inc
NYSE:WPC
16.5
8%
2.1
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
39.1
-2%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
23.2
19%
1.2
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
0%
N/A
ES
MERLIN Properties SOCIMI SA
MAD:MRL
26.5
10%
2.6
AU
Charter Hall Group
ASX:CHC
26.3
21%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Artis Real Estate Investment Trust
TSX:AX.UN
Average EV/EBIT: 53.4
168.8
N/A N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
5%
N/A
US
WP Carey Inc
NYSE:WPC
26.2
11%
2.4
ZA
A
Attacq Ltd
JSE:ATT
Not Available
4%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
49.2
N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
23.2
18%
1.3
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A
ES
MERLIN Properties SOCIMI SA
MAD:MRL
26.8
20%
1.3
AU
Charter Hall Group
ASX:CHC
26.3
20%
1.3

See Also

Summary
AX.UN intrinsic value, competitors valuation, and company profile.
DCF Valuation
AX.UN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AX.UN stock valuation using valuation multiples.
Wall Street Estimates
AX.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
AX.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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