Canadian Apartment Properties Real Estate Investment Trust
TSX:CAR.UN

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Canadian Apartment Properties Real Estate Investment Trust
TSX:CAR.UN
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Price: 36.13 CAD 0.08% Market Closed
Market Cap: 5.6B CAD

Relative Value

The Relative Value of one CAR.UN stock under the Base Case scenario is 70.91 CAD. Compared to the current market price of 36.13 CAD, Canadian Apartment Properties Real Estate Investment Trust is Undervalued by 49%.

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.

CAR.UN Relative Value
Base Case
70.91 CAD
Undervaluation 49%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
30
Median 3Y
6.9
Median 5Y
7.7
Industry
3.8
Forward
5.6
vs History
9
vs Industry
22
Median 3Y
22.1
Median 5Y
9.2
Industry
16.2
Forward
24.3
vs History
98
vs Industry
37
Median 3Y
12
Median 5Y
13.1
Industry
11.2
vs History
vs Industry
21
Median 3Y
14
Median 5Y
8.7
Industry
12.8
vs History
98
vs Industry
50
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
vs History
98
vs Industry
27
Median 3Y
12.7
Median 5Y
13.8
Industry
6.9
Forward
10.3
vs History
98
vs Industry
27
Median 3Y
19.6
Median 5Y
21.2
Industry
12.5
vs History
98
vs Industry
30
Median 3Y
21.7
Median 5Y
23.2
Industry
15.8
Forward
17.1
vs History
98
vs Industry
36
Median 3Y
22.1
Median 5Y
23.8
Industry
19.1
vs History
98
vs Industry
36
Median 3Y
22.1
Median 5Y
23.7
Industry
18.5
vs History
98
vs Industry
33
Median 3Y
22.1
Median 5Y
23.8
Industry
20.5
vs History
98
vs Industry
40
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8

Multiples Across Competitors

CAR.UN Competitors Multiples
Canadian Apartment Properties 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
Canadian Apartment Properties Real Estate Investment Trust
TSX:CAR.UN
5.6B CAD 5.4 94.4 17.3 17.5
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