Minto Apartment Real Estate Investment Trust
TSX:MI.UN
Intrinsic Value
Minto Apartment Real Estate Investment Trust engages in the operation of multi-residential rental properties in Toronto, Ottawa, Montréal, Calgary, and Edmonton. [ Read More ]
The intrinsic value of one
MI.UN
stock under the Base Case scenario is
23.86
CAD.
Compared to the current market price of 15.11 CAD,
Minto Apartment Real Estate Investment Trust
is
Undervalued by 37%.
MI.UN could be a value trap.A value trap occurs when a stock looks inexpensive based on fundamental analysis but fails to reach its intrinsic valuation over time, often due to underlying issues not reflected in quantitative data.
Scrutinize beyond numbers; assess long-term potential.
Minto Apartment Real Estate Investment Trust's market capitalization is 602.9m CAD.
MI.UN stock price is 15.11 CAD.
MI.UN stock price (15.11 CAD) is 37% less than its Intrinsic Value (23.86 CAD).
MI.UN stock price (15.11 CAD) is 55% less than its Relative Value (33.88 CAD). Open Relative Valuation
MI.UN has upside potential of 38% compared to the average analyst price target.
Open Wall St Estimates
MI.UN has positive three-year average ROE (Return on Equity): 11%. The company is efficient at transforming stockholders' equity into net income.
MI.UN's Revenue has grown by 10% over the past 12 months.
MI.UN's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 4%.
MI.UN's D/E (Debt to Equity) is very low and is equal to 0.86.
MI.UN's long-term assets (3B CAD) exceed its long-term liabilties (2B CAD).
MI.UN has a very low three-year average ROIC (Return on Invested Capital): 3%. The company is not efficient at using invested capital to generate operating income.
MI.UN's ROE (Return on Equity) for the past 12 months is negative and is equal to -10%.
MI.UN has positive Operating Income for the last twelve months.
MI.UN has negative Net Income for the last twelve months.
MI.UN's short-term liabilties (51m CAD) exceed its short-term assets (28m CAD).
MI.UN has positive Gross Profit for the last twelve months.
MI.UN has positive Free Cash Flow for the last twelve months.
MI.UN has positive Net Debt. This means that the company has more debt (930m CAD) than cash and short-term investments (4m CAD).
MI.UN's Altman Z-Score is very low and is equal to 0.6.
MI.UN generates enough operating income (99m CAD) to cover interest payments on its debt (47m CAD).
Valuation Backtest
Minto Apartment Real Estate Investment Trust
Run backtest to discover the historical profit from buying and selling
MI.UN
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Minto Apartment Real Estate Investment Trust
Balance Sheet Decomposition
Minto Apartment Real Estate Investment Trust
| Current Assets | 28.3m |
| Cash & Short-Term Investments | 3.7m |
| Receivables | 3.2m |
| Other Current Assets | 21.4m |
| Non-Current Assets | 2.7B |
| Long-Term Investments | 2.5B |
| Other Non-Current Assets | 219.3m |
| Current Liabilities | 50.6m |
| Accounts Payable | 36m |
| Other Current Liabilities | 14.5m |
| Non-Current Liabilities | 1.6B |
| Long-Term Debt | 930.1m |
| Other Non-Current Liabilities | 644.1m |
Earnings Waterfall
Minto Apartment Real Estate Investment Trust
|
Revenue
|
157.9m
CAD
|
|
Cost of Revenue
|
-58.8m
CAD
|
|
Gross Profit
|
99.2m
CAD
|
|
Operating Expenses
|
0
CAD
|
|
Operating Income
|
99.2m
CAD
|
|
Other Expenses
|
-215.8m
CAD
|
|
Net Income
|
-116.7m
CAD
|
Free Cash Flow Analysis
Minto Apartment Real Estate Investment Trust
MI.UN Profitability Score
Profitability Due Diligence
Minto Apartment Real Estate Investment Trust's profitability score is 61/100. The higher the profitability score, the more profitable the company is.
Score
Minto Apartment Real Estate Investment Trust's profitability score is 61/100. The higher the profitability score, the more profitable the company is.
MI.UN Solvency Score
Solvency Due Diligence
Minto Apartment Real Estate Investment Trust's solvency score is 24/100. The higher the solvency score, the more solvent the company is.
Score
Minto Apartment Real Estate Investment Trust's solvency score is 24/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
MI.UN Price Targets Summary
Minto Apartment Real Estate Investment Trust
According to Wall Street analysts, the average 1-year price target for
MI.UN
is 20.85 CAD
with a low forecast of 18.94 CAD and a high forecast of 23.63 CAD.
Shareholder Return
MI.UN Price
Minto Apartment Real Estate Investment Trust
| Average Annual Return | -2.54% |
| Standard Deviation of Annual Returns | 25.54% |
| Max Drawdown | -52% |
| Market Capitalization | 602.9m CAD |
| Shares Outstanding | 39 900 000 |
| Percentage of Shares Shorted | 0.26% |
Company Profile
Minto Apartment Real Estate Investment Trust
Country
Industry
Market Cap
Dividend Yield
Description
Minto Apartment Real Estate Investment Trust engages in the operation of multi-residential rental properties in Toronto, Ottawa, Montréal, Calgary, and Edmonton. The company is headquartered in Ottawa, Ontario. The company went IPO on 2018-07-03. The firm is a real estate investment trust that owns and operates a portfolio of approximately 29 multi-residential rental properties comprising approximately 7,277 in Toronto, Ottawa, Montreal, Calgary, and Edmonton. The Company’s properties include Richgrove, Martin Grove, Minto Yorkville, Roehampton, Minto one80five, Parkwood Hills Garden Homes & Townhomes, Aventura, Huron, Seneca, Castleview, Skyline, The Carlisle, Castle Hill, Grenadier, Tanglewood, Eleanor, Frontenac, Stratford, Laurier, The Lancaster House, York House, Hi-Level Place, Kaleidoscope, and The Quarters.
Contact
IPO
Employees
Officers
The intrinsic value of one
MI.UN
stock under the Base Case scenario is
23.86
CAD.
Compared to the current market price of 15.11 CAD,
Minto Apartment Real Estate Investment Trust
is
Undervalued by 37%.
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