BTB Real Estate Investment Trust
TSX:BTB.UN

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BTB Real Estate Investment Trust Logo
BTB Real Estate Investment Trust
TSX:BTB.UN
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Price: 3.68 CAD 1.38% Market Closed
Market Cap: 324.7m CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one BTB.UN stock under the Base Case scenario is 10.55 CAD. Compared to the current market price of 3.68 CAD, BTB Real Estate Investment Trust is Undervalued by 65%.

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.

BTB.UN Relative Value
Base Case
10.55 CAD
Undervaluation 65%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.5
P/S
P/S
Price to Sales
2.5
vs History
39
vs Industry
57
Median 3Y
2.3
Median 5Y
2.3
Industry
3.7
Forward
2.4
More Details
8.3
P/E
P/E
Price to Earnings
8.3
vs History
38
vs Industry
47
Median 3Y
7.7
Median 5Y
7.7
Industry
16.7
Forward
9.6
More Details
4.7
P/OCF
P/OCF
Price to OCF
4.7
vs History
30
vs Industry
56
Median 3Y
4.3
Median 5Y
4.4
Industry
11.1
More Details
6.5
P/FCFE
P/FCFE
Price to FCFE
6.5
vs History
46
vs Industry
35
Median 3Y
6
Median 5Y
6.3
Industry
13.2
More Details
0.7
P/B
P/B
Price to Book Value
0.7
vs History
38
vs Industry
60
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9
More Details
8
EV/S
EV/S
Enterprise Value to Sales
8
vs History
53
vs Industry
39
Median 3Y
8
Median 5Y
8
Industry
6.7
Forward
7.7
More Details
10
EV/GP
EV/GP
Enterprise Value to Gross Profit
10
vs History
52
vs Industry
52
Median 3Y
9.9
Median 5Y
10
Industry
12.2
More Details
13.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
13.8
vs History
53
vs Industry
44
Median 3Y
13.7
Median 5Y
13.8
Industry
16
Forward
14.8
More Details
13.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
13.8
vs History
53
vs Industry
47
Median 3Y
13.7
Median 5Y
13.9
Industry
19.2
More Details
15.3
EV/OCF
EV/OCF
Enterprise Value to OCF
15.3
vs History
42
vs Industry
42
Median 3Y
14.9
Median 5Y
15.1
Industry
18.6
More Details
15.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
15.3
vs History
42
vs Industry
38
Median 3Y
14.9
Median 5Y
15.1
Industry
20.2
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
36
vs Industry
37
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7
More Details

Multiples Across Competitors

BTB.UN Competitors Multiples
BTB Real Estate Investment Trust Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
BTB Real Estate Investment Trust
TSX:BTB.UN
324.7m CAD 2.5 8.3 13.8 13.8
ZA
Growthpoint Properties Ltd
JSE:GRT
46.9B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
30.4B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
13.8B USD 8.6 32.4 16.5 27.4
ZA
Attacq Ltd
JSE:ATT
10.1B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.5B USD 17.5 40.4 37 46.6
AU
Stockland Corporation Ltd
ASX:SGP
13B AUD 4.2 29 25.4 25.4
FR
Gecina SA
PAR:GFC
6.7B EUR 9.7 21.7 22.6 23.1
ES
MERLIN Properties SOCIMI SA
MAD:MRL
6.3B EUR 12.5 20.7 24.1 24.4
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
7.5B Zac 0 0 0 0
US
STORE Capital Corp
LSE:0LA6
6.8B USD 7.7 21.4 14.6 23.3

See Also

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