Boardwalk Real Estate Investment Trust
TSX:BEI.UN

Watchlist Manager
Boardwalk Real Estate Investment Trust Logo
Boardwalk Real Estate Investment Trust
TSX:BEI.UN
Watchlist
Price: 62.4 CAD 0.92% Market Closed
Market Cap: 3.1B CAD

Relative Value

The Relative Value of one BEI.UN stock under the Base Case scenario is 135 CAD. Compared to the current market price of 62.4 CAD, Boardwalk Real Estate Investment Trust is Undervalued by 54%.

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.

BEI.UN Relative Value
Base Case
135 CAD
Undervaluation 54%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
69
vs Industry
32
Median 3Y
6
Median 5Y
5.8
Industry
3.8
Forward
5.2
vs History
14
vs Industry
51
Median 3Y
6.6
Median 5Y
6.1
Industry
16.2
Forward
10.7
vs History
82
vs Industry
25
Median 3Y
17.3
Median 5Y
16.1
Industry
11.2
vs History
53
vs Industry
11
Median 3Y
25.8
Median 5Y
20.4
Industry
12.8
vs History
85
vs Industry
51
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
vs History
87
vs Industry
30
Median 3Y
11.2
Median 5Y
10.7
Industry
6.9
Forward
9.3
vs History
95
vs Industry
36
Median 3Y
15.9
Median 5Y
15.3
Industry
12.5
vs History
96
vs Industry
30
Median 3Y
21.2
Median 5Y
20.6
Industry
15.8
Forward
16.3
vs History
98
vs Industry
35
Median 3Y
21.8
Median 5Y
21.3
Industry
19.1
vs History
98
vs Industry
22
Median 3Y
31
Median 5Y
30.8
Industry
18.5
vs History
98
vs Industry
23
Median 3Y
31
Median 5Y
31.5
Industry
20.5
vs History
96
vs Industry
46
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8

Multiples Across Competitors

BEI.UN Competitors Multiples
Boardwalk 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
Boardwalk Real Estate Investment Trust
TSX:BEI.UN
3.3B CAD 5.3 10.6 16.8 17.3
US
Avalonbay Communities Inc
NYSE:AVB
25B USD 8.3 21.5 18.6 36.8
US
Equity Residential
NYSE:EQR
23.2B USD 7.5 20.1 16.8 36.7
US
American Campus Communities Inc
F:FGA
17.8B EUR 21.3 368.3 52 127.8
US
Essex Property Trust Inc
NYSE:ESS
16.6B USD 8.9 19.6 19.7 40.2
US
Invitation Homes Inc
NYSE:INVH
16.2B USD 6 27.6 16.3 32.3
US
Mid-America Apartment Communities Inc
NYSE:MAA
15.5B USD 7 28 16.7 33.1
US
Sun Communities Inc
NYSE:SUI
15.1B USD 6 14.9 35.6 35.6
US
Equity LifeStyle Properties Inc
NYSE:ELS
12B USD 7.9 31.5 21 29.6
US
UDR Inc
NYSE:UDR
11.8B USD 6.9 81.1 17.6 56.5
US
American Homes 4 Rent
NYSE:AMH
11.5B USD 6.3 26.4 17.1 36.1