I

Inovalis Real Estate Investment Trust
TSX:INO.UN

Watchlist Manager
Inovalis Real Estate Investment Trust
TSX:INO.UN
Watchlist
Price: 0.94 CAD -2.08% Market Closed
Market Cap: 31.2m CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one INO.UN stock under the Base Case scenario is 4.24 CAD. Compared to the current market price of 0.94 CAD, Inovalis Real Estate Investment Trust is Undervalued by 78%.

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.

INO.UN Relative Value
Base Case
4.24 CAD
Undervaluation 78%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Valuation Multiples

1.3
P/S
P/S
Price to Sales
1.3
vs History
90
vs Industry
69
Median 3Y
2.1
Median 5Y
2.8
Industry
3.7
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-1
Median 5Y
-0.5
Industry
16.5
More Details
15.9
P/OCF
P/OCF
Price to OCF
15.9
vs History
26
vs Industry
51
Median 3Y
5.9
Median 5Y
7.7
Industry
11
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
45
Median 3Y
-2.7
Median 5Y
-2.8
Industry
13
More Details
0.2
P/B
P/B
Price to Book Value
0.2
vs History
87
vs Industry
87
Median 3Y
0.3
Median 5Y
0.3
Industry
0.9
More Details
7.5
EV/S
EV/S
Enterprise Value to Sales
7.5
vs History
57
vs Industry
43
Median 3Y
7.6
Median 5Y
7.8
Industry
6.6
More Details
13.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
13.7
vs History
12
vs Industry
39
Median 3Y
12.6
Median 5Y
11.5
Industry
12.1
More Details
23.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
23.8
vs History
20
vs Industry
16
Median 3Y
22.1
Median 5Y
16.9
Industry
15.9
More Details
23.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
23.8
vs History
20
vs Industry
25
Median 3Y
22.1
Median 5Y
16.9
Industry
19.1
More Details
91.3
EV/OCF
EV/OCF
Enterprise Value to OCF
91.3
vs History
9
vs Industry
18
Median 3Y
15.2
Median 5Y
26.4
Industry
18.5
More Details
91.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
91.3
vs History
9
vs Industry
22
Median 3Y
15.2
Median 5Y
26.4
Industry
20.1
More Details
0.4
EV/IC
EV/IC
Enterprise Value to IC
0.4
vs History
73
vs Industry
70
Median 3Y
0.5
Median 5Y
0.5
Industry
0.7
More Details

Multiples Across Competitors

INO.UN Competitors Multiples
Inovalis 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
Inovalis Real Estate Investment Trust
TSX:INO.UN
31.2m CAD 1.3 -0.6 23.8 23.8
US
Alexandria Real Estate Equities Inc
NYSE:ARE
12.1B USD 3.7 92 11.2 26.8
US
Boston Properties Inc
NYSE:BXP
11.4B USD 3.3 -2 560.5 14.1 26.3
US
Kilroy Realty Corp
NYSE:KRC
8B USD 7.1 40.5 18.3 38.2
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 11.2 24.5 25.4 33.7
US
Vornado Realty Trust
NYSE:VNO
7.8B USD 4.3 74.7 19.9 54.5
FR
Covivio SA
PAR:COV
5.6B EUR 4.3 82.7 15.8 18.1
US
COPT Defense Properties
NYSE:CDP
6.4B USD 8.5 45.4 40.3 40.3
JP
Japan Real Estate Investment Corp
TSE:8952
852.3B JPY 10 22.6 22.9 29.6
US
Cousins Properties Inc
NYSE:CUZ
5.1B USD 5.7 95.7 14.3 42.9
AU
Dexus
ASX:DXS
7.5B AUD 8.7 -7.6 31.9 31.9
P/E Multiple
Earnings Growth PEG
CA
I
Inovalis Real Estate Investment Trust
TSX:INO.UN
Average P/E: 59.8
Negative Multiple: -0.6 		N/A N/A
US
Alexandria Real Estate Equities Inc
NYSE:ARE
92
11%
8.4
US
Boston Properties Inc
NYSE:BXP
Negative Multiple: -2 560.5
183%
N/A
US
Kilroy Realty Corp
NYSE:KRC
40.5
-15%
N/A
JP
Nippon Building Fund Inc
TSE:8951
24.5
-1%
N/A
US
Vornado Realty Trust
NYSE:VNO
74.7
138%
0.5
FR
Covivio SA
PAR:COV
82.7
98%
0.8
US
COPT Defense Properties
NYSE:CDP
45.4
5%
9.1
JP
Japan Real Estate Investment Corp
TSE:8952
22.6
-1%
N/A
US
Cousins Properties Inc
NYSE:CUZ
95.7
37%
2.6
AU
Dexus
ASX:DXS
Negative Multiple: -7.6 N/A N/A

See Also

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