Dream Industrial Real Estate Investment Trust
TSX:DIR.UN

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Dream Industrial Real Estate Investment Trust Logo
Dream Industrial Real Estate Investment Trust
TSX:DIR.UN
Watchlist
Price: 11.83 CAD -1% Market Closed
Market Cap: 3.4B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one DIR.UN stock under the Base Case scenario is 21.75 CAD. Compared to the current market price of 11.83 CAD, Dream Industrial Real Estate Investment Trust is Undervalued by 46%.

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.

DIR.UN Relative Value
Base Case
21.75 CAD
Undervaluation 46%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

7.3
P/S
P/S
Price to Sales
7.3
vs History
84
vs Industry
25
Median 3Y
8.6
Median 5Y
8.6
Industry
3.7
Forward
6.8
More Details
14.9
P/E
P/E
Price to Earnings
14.9
vs History
33
vs Industry
37
Median 3Y
16.5
Median 5Y
10.6
Industry
16.7
Forward
11.3
More Details
11.3
P/OCF
P/OCF
Price to OCF
11.3
vs History
88
vs Industry
35
Median 3Y
13.2
Median 5Y
14.3
Industry
11.1
More Details
20.6
P/FCFE
P/FCFE
Price to FCFE
20.6
vs History
0
vs Industry
28
Median 3Y
9.1
Median 5Y
5.7
Industry
13.2
More Details
0.7
P/B
P/B
Price to Book Value
0.7
vs History
82
vs Industry
53
Median 3Y
0.8
Median 5Y
0.9
Industry
0.9
More Details
12.5
EV/S
EV/S
Enterprise Value to Sales
12.5
vs History
71
vs Industry
24
Median 3Y
14.4
Median 5Y
14.4
Industry
6.7
Forward
11.7
More Details
16.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
16.4
vs History
77
vs Industry
33
Median 3Y
18.9
Median 5Y
19.2
Industry
12.2
More Details
18.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
18.7
vs History
87
vs Industry
33
Median 3Y
22.1
Median 5Y
22.3
Industry
16
Forward
16.3
More Details
18.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
18.7
vs History
87
vs Industry
39
Median 3Y
22.1
Median 5Y
22.3
Industry
19.2
More Details
19.4
EV/OCF
EV/OCF
Enterprise Value to OCF
19.4
vs History
77
vs Industry
37
Median 3Y
22.2
Median 5Y
22.4
Industry
18.6
More Details
19.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
19.4
vs History
77
vs Industry
34
Median 3Y
22.2
Median 5Y
22.4
Industry
20.2
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
77
vs Industry
51
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7
More Details

Multiples Across Competitors

DIR.UN Competitors Multiples
Dream Industrial 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
Dream Industrial Real Estate Investment Trust
TSX:DIR.UN
3.5B CAD 7.3 14.9 18.7 18.7
US
Prologis Inc
NYSE:PLD
98.6B USD 11.8 26.4 22.3 40.1
AU
Goodman Group
ASX:GMG
66.9B AUD 29.6 72.3 155.4 155.4
SG
ESR-REIT
OTC:CGIUF
13.3B USD 46 -115.2 84.8 84.8
UK
SEGRO PLC
LSE:SGRO
9B GBP 13.4 15.2 28.6 29.3
SG
Ascendas Real Estate Investment Trust
SGX:A17U
12B 0 0 0 0
US
Lineage Inc
NASDAQ:LINE
9.7B USD 1.8 -15.7 13.7 55.3
US
Eastgroup Properties Inc
NYSE:EGP
8.7B USD 13.2 38.3 21.9 38.4
US
Rexford Industrial Realty Inc
NYSE:REXR
8.7B USD 8.9 31.8 17.1 30.4
US
STAG Industrial Inc
NYSE:STAG
6.8B USD 8.6 27.7 17 35.1
US
First Industrial Realty Trust Inc
NYSE:FR
6.4B USD 9.4 24.1 19.9 31.2
P/E Multiple
Earnings Growth PEG
CA
Dream Industrial Real Estate Investment Trust
TSX:DIR.UN
Average P/E: 31.3
14.9
N/A N/A
US
Prologis Inc
NYSE:PLD
26.4
-7%
N/A
AU
Goodman Group
ASX:GMG
72.3
N/A N/A
SG
ESR-REIT
OTC:CGIUF
Negative Multiple: -115.2 N/A N/A
UK
SEGRO PLC
LSE:SGRO
15.2
-2%
N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
-1%
N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -15.7 N/A N/A
US
Eastgroup Properties Inc
NYSE:EGP
38.3
9%
4.3
US
Rexford Industrial Realty Inc
NYSE:REXR
31.8
6%
5.3
US
STAG Industrial Inc
NYSE:STAG
27.7
12%
2.3
US
First Industrial Realty Trust Inc
NYSE:FR
24.1
-3%
N/A

See Also

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