Boardwalk Real Estate Investment Trust
TSX:BEI.UN

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Boardwalk Real Estate Investment Trust
TSX:BEI.UN
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Price: 63.65 CAD -1.87% Market Closed
Market Cap: 3.1B CAD

Relative Value

The Relative Value of one BEI.UN stock under the Base Case scenario is 135.02 CAD. Compared to the current market price of 63.65 CAD, Boardwalk Real Estate Investment Trust is Undervalued by 53%.

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
135.02 CAD
Undervaluation 53%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
61
vs Industry
32
Median 3Y
6
Median 5Y
5.8
Industry
3.8
Forward
5.3
vs History
11
vs Industry
51
Median 3Y
6.6
Median 5Y
6.1
Industry
16.3
Forward
10.9
vs History
79
vs Industry
25
Median 3Y
17.3
Median 5Y
16.1
Industry
11.1
vs History
47
vs Industry
11
Median 3Y
25.8
Median 5Y
20.7
Industry
12.8
vs History
77
vs Industry
51
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
vs History
79
vs Industry
30
Median 3Y
11.2
Median 5Y
10.7
Industry
6.8
Forward
9.4
vs History
88
vs Industry
36
Median 3Y
15.9
Median 5Y
15.3
Industry
12.5
vs History
93
vs Industry
30
Median 3Y
21.2
Median 5Y
20.6
Industry
15.8
Forward
16.4
vs History
93
vs Industry
35
Median 3Y
21.8
Median 5Y
21.3
Industry
19.1
vs History
95
vs Industry
22
Median 3Y
31
Median 5Y
30.8
Industry
18.4
vs History
95
vs Industry
23
Median 3Y
31
Median 5Y
31.5
Industry
20.5
vs History
88
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
3.4B CAD 5.4 10.8 17 17.5
US
Avalonbay Communities Inc
NYSE:AVB
25.4B USD 8.4 21.7 18.8 37.2
US
Equity Residential
NYSE:EQR
23.4B USD 7.6 20.2 16.9 36.9
US
American Campus Communities Inc
F:FGA
17.8B EUR 21.2 367.5 51.9 127.6
US
Essex Property Trust Inc
NYSE:ESS
16.6B USD 8.9 19.6 19.6 40.2
US
Invitation Homes Inc
NYSE:INVH
16.6B USD 6.1 28.3 16.6 32.8
US
Mid-America Apartment Communities Inc
NYSE:MAA
15.7B USD 7.1 28.5 16.9 33.5
US
Sun Communities Inc
NYSE:SUI
15.2B USD 6 14.9 35.8 35.8
US
Equity LifeStyle Properties Inc
NYSE:ELS
11.9B USD 7.8 31.1 20.8 29.3
US
UDR Inc
NYSE:UDR
11.8B USD 6.9 81.4 17.6 56.6
US
Camden Property Trust
NYSE:CPT
11.6B USD 7.4 43.3 17.2 53.6