Minto Apartment Real Estate Investment Trust
TSX:MI.UN

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Minto Apartment Real Estate Investment Trust
TSX:MI.UN
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Price: 14.56 CAD 0.14% Market Closed
Market Cap: 551.7m CAD

Relative Value

The Relative Value of one MI.UN stock under the Base Case scenario is 35.36 CAD. Compared to the current market price of 14.56 CAD, Minto Apartment Real Estate Investment Trust is Undervalued by 59%.

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.

MI.UN Relative Value
Base Case
35.36 CAD
Undervaluation 59%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
57
vs Industry
49
Median 3Y
3.9
Median 5Y
3.8
Industry
3.7
Forward
3.4
vs History
14
vs Industry
45
Median 3Y
1.8
Median 5Y
-5.7
Industry
16.5
Forward
17.5
vs History
57
vs Industry
53
Median 3Y
6.6
Median 5Y
6.4
Industry
11
vs History
34
vs Industry
21
Median 3Y
5.4
Median 5Y
4.2
Industry
13
vs History
55
vs Industry
67
Median 3Y
0.5
Median 5Y
0.5
Industry
0.9
vs History
66
vs Industry
34
Median 3Y
9.8
Median 5Y
9.5
Industry
6.6
Forward
8.5
vs History
65
vs Industry
35
Median 3Y
16
Median 5Y
14.8
Industry
12.1
vs History
65
vs Industry
43
Median 3Y
16
Median 5Y
14.8
Industry
15.9
Forward
14
vs History
65
vs Industry
46
Median 3Y
16
Median 5Y
14.8
Industry
19.1
vs History
61
vs Industry
43
Median 3Y
16.5
Median 5Y
15.2
Industry
18.5
vs History
61
vs Industry
39
Median 3Y
16.5
Median 5Y
15.2
Industry
20.1
vs History
63
vs Industry
60
Median 3Y
0.6
Median 5Y
0.6
Industry
0.7

Multiples Across Competitors

MI.UN Competitors Multiples
Minto Apartment Real Estate Investment Trust Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Minto Apartment Real Estate Investment Trust
TSX:MI.UN
559.7m CAD 3.6 5.7 14 14
US
Avalonbay Communities Inc
NYSE:AVB
29.4B USD 10 25.7 21.1 40.5
US
Equity Residential
NYSE:EQR
26.2B USD 8.7 26.3 18.5 39.7
US
Invitation Homes Inc
NYSE:INVH
20.7B USD 7.8 43.4 19.6 38.6
US
American Campus Communities Inc
F:FGA
17.8B EUR 20.9 361.3 51.1 125.7
US
Essex Property Trust Inc
NYSE:ESS
18.3B USD 10.1 27.2 22.1 46.2
US
Mid-America Apartment Communities Inc
NYSE:MAA
17.4B USD 7.9 31 18 34.4
US
Sun Communities Inc
NYSE:SUI
16.1B USD 5.3 218.3 43.4 43.4
US
UDR Inc
NYSE:UDR
13.6B USD 8.1 115.1 19.6 66.1
US
American Homes 4 Rent
NYSE:AMH
13.5B USD 6.2 26.7 18.2 34.9
US
Camden Property Trust
NYSE:CPT
12.6B USD 8.1 106.7 18.4 54.7