Killam Apartment REIT
TSX:KMP.UN

Watchlist Manager
Killam Apartment REIT Logo
Killam Apartment REIT
TSX:KMP.UN
Watchlist
Price: 16.46 CAD -0.66% Market Closed
Market Cap: 2B CAD

Relative Value

The Relative Value of one KMP.UN stock under the Base Case scenario is 31.48 CAD. Compared to the current market price of 16.46 CAD, Killam Apartment REIT is Undervalued by 48%.

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.

KMP.UN Relative Value
Base Case
31.48 CAD
Undervaluation 48%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
33
Median 3Y
6
Median 5Y
6.2
Industry
3.8
Forward
5.2
vs History
87
vs Industry
56
Median 3Y
7.3
Median 5Y
8
Industry
16.3
Forward
9.3
vs History
92
vs Industry
29
Median 3Y
15
Median 5Y
15
Industry
11.1
vs History
vs Industry
Median 3Y
8.9
Median 5Y
6.8
Industry
12.8
vs History
96
vs Industry
48
Median 3Y
0.8
Median 5Y
0.9
Industry
0.9
vs History
95
vs Industry
28
Median 3Y
11.3
Median 5Y
11.7
Industry
6.8
Forward
10.1
vs History
96
vs Industry
29
Median 3Y
17.3
Median 5Y
18.2
Industry
12.5
vs History
93
vs Industry
31
Median 3Y
19
Median 5Y
20
Industry
15.8
Forward
16.5
vs History
93
vs Industry
37
Median 3Y
19.1
Median 5Y
20.1
Industry
19.1
vs History
87
vs Industry
23
Median 3Y
28.1
Median 5Y
28.2
Industry
18.4
vs History
61
vs Industry
9
Median 3Y
86.4
Median 5Y
57.3
Industry
20.5
vs History
95
vs Industry
46
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8

Multiples Across Competitors

KMP.UN Competitors Multiples
Killam Apartment REIT 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
Killam Apartment REIT
TSX:KMP.UN
2B CAD 5.3 3.7 17.5 17.6
US
Avalonbay Communities Inc
NYSE:AVB
25.4B USD 8.4 21.7 18.8 37.2
US
Equity Residential
NYSE:EQR
23.4B USD 7.6 20.2 16.9 36.9
US
American Campus Communities Inc
F:FGA
17.8B EUR 21.2 367.9 51.9 127.7
US
Essex Property Trust Inc
NYSE:ESS
16.6B USD 8.9 19.6 19.6 40.2
US
Invitation Homes Inc
NYSE:INVH
16.6B USD 6.1 28.3 16.6 32.8
US
Mid-America Apartment Communities Inc
NYSE:MAA
15.7B USD 7.1 28.5 16.9 33.5
US
Sun Communities Inc
NYSE:SUI
15.2B USD 6 14.9 35.8 35.8
US
Equity LifeStyle Properties Inc
NYSE:ELS
11.9B USD 7.8 31.1 20.8 29.3
US
UDR Inc
NYSE:UDR
11.8B USD 6.9 81.4 17.6 56.6
US
Camden Property Trust
NYSE:CPT
11.6B USD 7.4 43.3 17.2 53.6