P

Primaris Real Estate Investment Trust
TSX:PMZ.UN

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Primaris Real Estate Investment Trust
TSX:PMZ.UN
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Price: 14.91 CAD -0.93% Market Closed
Market Cap: 1.5B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one PMZ.UN stock under the Base Case scenario is 32.82 CAD. Compared to the current market price of 14.91 CAD, Primaris Real Estate Investment Trust is Undervalued by 55%.

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.

PMZ.UN Relative Value
Base Case
32.82 CAD
Undervaluation 55%
Relative Value
Price
P
Worst Case
Base Case
Best Case

Valuation Multiples

2.8
P/S
P/S
Price to Sales
2.8
vs History
88
vs Industry
51
Median 3Y
3.3
Median 5Y
3.3
Industry
3.8
More Details
23.4
P/E
P/E
Price to Earnings
23.4
vs History
31
vs Industry
28
Median 3Y
20.7
Median 5Y
20.3
Industry
16.9
More Details
8.3
P/OCF
P/OCF
Price to OCF
8.3
vs History
43
vs Industry
43
Median 3Y
8.4
Median 5Y
8.2
Industry
11.1
More Details
3.5
P/FCFE
P/FCFE
Price to FCFE
3.5
vs History
52
vs Industry
40
Median 3Y
3.6
Median 5Y
3.6
Industry
13.1
More Details
0.7
P/B
P/B
Price to Book Value
0.7
vs History
20
vs Industry
53
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9
More Details
7
EV/S
EV/S
Enterprise Value to Sales
7
vs History
31
vs Industry
43
Median 3Y
6.8
Median 5Y
6.8
Industry
6.7
More Details
12.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
12.1
vs History
31
vs Industry
44
Median 3Y
11.9
Median 5Y
11.9
Industry
12.3
More Details
13.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
13.6
vs History
52
vs Industry
42
Median 3Y
13.7
Median 5Y
13.7
Industry
16
More Details
13.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
13.7
vs History
52
vs Industry
45
Median 3Y
13.9
Median 5Y
13.8
Industry
19.3
More Details
20.4
EV/OCF
EV/OCF
Enterprise Value to OCF
20.4
vs History
18
vs Industry
32
Median 3Y
17.7
Median 5Y
15.3
Industry
18.5
More Details
20.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
20.4
vs History
18
vs Industry
31
Median 3Y
17.7
Median 5Y
15.5
Industry
20.2
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
13
vs Industry
38
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8
More Details

Multiples Across Competitors

PMZ.UN Competitors Multiples
Primaris 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
Primaris Real Estate Investment Trust
TSX:PMZ.UN
1.5B CAD 2.8 23.4 13.6 13.7
US
Simon Property Group Inc
NYSE:SPG
53.2B USD 8.9 25.9 17.1 24.8
US
Realty Income Corp
NYSE:O
51B USD 9.5 52.7 16.2 32.5
SG
CapitaLand Integrated Commercial Trust
SGX:C38U
16.1B 0 0 0 0
US
Kimco Realty Corp
NYSE:KIM
14.7B USD 7.1 28.6 17.6 33.3
HK
Link Real Estate Investment Trust
HKEX:823
108B HKD 7.6 -12.2 15.8 15.8
AU
Scentre Group
ASX:SCG
19.5B AUD 7.4 18.6 19.6 19.6
US
Regency Centers Corp
NASDAQ:REG
12.6B USD 8.6 32.7 18.6 32.5
FR
Klepierre SA
PAR:LI
9.3B EUR 6.2 8.5 16.7 16.7
FR
Unibail-Rodamco-Westfield SE
AEX:URW
7.2B EUR 2.4 55.2 17.4 17.5
US
Federal Realty Investment Trust
NYSE:FRT
8.2B USD 6.7 27.9 16.3 29.6

See Also

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