First Capital Real Estate Investment Trust
TSX:FCR.UN

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First Capital Real Estate Investment Trust Logo
First Capital Real Estate Investment Trust
TSX:FCR.UN
Watchlist
Price: 17.48 CAD 1.63% Market Closed
Market Cap: 3.7B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one FCR.UN stock under the Base Case scenario is 28.44 CAD. Compared to the current market price of 17.48 CAD, First Capital Real Estate Investment Trust is Undervalued by 39%.

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.

FCR.UN Relative Value
Base Case
28.44 CAD
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.2
P/S
P/S
Price to Sales
5.2
vs History
15
vs Industry
38
Median 3Y
4.9
Median 5Y
4.5
Industry
3.6
Forward
5
More Details
17.3
P/E
P/E
Price to Earnings
17.3
vs History
6
vs Industry
31
Median 3Y
-19.3
Median 5Y
-24.9
Industry
16.6
Forward
14.4
More Details
15.9
P/OCF
P/OCF
Price to OCF
15.9
vs History
4
vs Industry
24
Median 3Y
14.3
Median 5Y
13
Industry
10.9
More Details
725.5
P/FCFE
P/FCFE
Price to FCFE
725.5
vs History
1
vs Industry
6
Median 3Y
-13.9
Median 5Y
-48.1
Industry
12.8
More Details
0.9
P/B
P/B
Price to Book Value
0.9
vs History
7
vs Industry
41
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8
More Details
9.9
EV/S
EV/S
Enterprise Value to Sales
9.9
vs History
38
vs Industry
32
Median 3Y
10
Median 5Y
9.6
Industry
6.5
Forward
9.5
More Details
15.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
15.9
vs History
39
vs Industry
31
Median 3Y
16.2
Median 5Y
15.5
Industry
12
More Details
17.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
17.4
vs History
28
vs Industry
35
Median 3Y
17.1
Median 5Y
16.2
Industry
15.8
Forward
16.6
More Details
17.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
17.5
vs History
28
vs Industry
40
Median 3Y
17.3
Median 5Y
16.3
Industry
19.1
More Details
30.3
EV/OCF
EV/OCF
Enterprise Value to OCF
30.3
vs History
14
vs Industry
17
Median 3Y
29.5
Median 5Y
27.6
Industry
18.4
More Details
30.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
30.3
vs History
14
vs Industry
21
Median 3Y
29.5
Median 5Y
27.6
Industry
19.9
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
15
vs Industry
43
Median 3Y
0.8
Median 5Y
0.7
Industry
0.7
More Details

Multiples Across Competitors

FCR.UN Competitors Multiples
First Capital 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
First Capital Real Estate Investment Trust
TSX:FCR.UN
3.7B CAD 5.2 17.3 17.4 17.5
US
Simon Property Group Inc
NYSE:SPG
53.9B USD 9 26.3 17.3 25
US
Realty Income Corp
NYSE:O
50.8B USD 9.4 52.5 16.1 32.4
SG
CapitaLand Integrated Commercial Trust
SGX:C38U
15B 0 0 0 0
US
Kimco Realty Corp
NYSE:KIM
14.7B USD 7.1 28.6 17.6 33.4
US
Regency Centers Corp
NASDAQ:REG
13.4B USD 9.1 34.6 19.4 33.8
HK
Link Real Estate Investment Trust
HKEX:823
101.8B HKD 7.3 -44.4 15.4 15.4
AU
Scentre Group
ASX:SCG
18.9B AUD 7.2 18 19.2 19.2
FR
Klepierre SA
PAR:LI
9.6B EUR 6.4 8.7 17 17
US
Federal Realty Investment Trust
NYSE:FRT
8.4B USD 6.9 28.8 16.7 30.3
US
Agree Realty Corp
NYSE:ADC
8.2B USD 12.9 44.9 21.5 36.4

See Also

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