SmartCentres Real Estate Investment Trust
TSX:SRU.UN
Intrinsic Value
SmartCentres Real Estate Investment Trust is a fully integrated commercial and residential REITs, with its strategically located properties in communities across the country. [ Read More ]
The intrinsic value of one
SRU.UN
stock under the Base Case scenario is
32.58
CAD.
Compared to the current market price of 22.47 CAD,
SmartCentres Real Estate Investment Trust
is
Undervalued by 31%.
SRU.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.
SmartCentres Real Estate Investment Trust's market capitalization is 3.2B CAD.
SRU.UN stock price is 22.47 CAD.
SRU.UN stock price (22.47 CAD) is 31% less than its Intrinsic Value (32.58 CAD).
SRU.UN stock (15.55 CAD) is 31% less than its price (22.47 CAD). Open DCF Valuation
SRU.UN stock price (22.47 CAD) is 55% less than its Relative Value (49.62 CAD). Open Relative Valuation
SRU.UN has upside potential of 19% compared to the average analyst price target.
Open Wall St Estimates
SRU.UN's ROIC (Return on Invested Capital) has decreased in the last 3 years from 4% to 4%.
SRU.UN's Revenue has grown by 4% over the past 12 months.
SRU.UN has positive three-year average ROE (Return on Equity): 11%. The company is efficient at transforming stockholders' equity into net income.
SRU.UN's Revenue has been growing by 2% per year for the last 3 years.
SRU.UN's ROE (Return on Equity) for the past 12 months is positive and is equal to 8%.
SRU.UN's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 4%.
SRU.UN's ROE (Return on Equity) has increased in the last 3 years from 2% to 8%.
SRU.UN's D/E (Debt to Equity) is very low and is equal to 0.83.
SRU.UN has a very low three-year average ROIC (Return on Invested Capital): 4%. The company is not efficient at using invested capital to generate operating income.
SRU.UN's long-term assets (12B CAD) exceed its long-term liabilties (7B CAD).
SRU.UN has positive Operating Income for the last twelve months.
SRU.UN has positive Net Income for the last twelve months.
SRU.UN has positive Gross Profit for the last twelve months.
SRU.UN has positive Free Cash Flow for the last twelve months.
SRU.UN's short-term liabilties (859m CAD) exceed its short-term assets (305m CAD).
SRU.UN has positive Net Debt. This means that the company has more debt (4B CAD) than cash and short-term investments (35m CAD).
SRU.UN's Altman Z-Score is very low and is equal to 0.72.
SRU.UN generates enough operating income (459m CAD) to cover interest payments on its debt (151m CAD).
Valuation Backtest
SmartCentres Real Estate Investment Trust
Run backtest to discover the historical profit from buying and selling
SRU.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
SmartCentres Real Estate Investment Trust
Balance Sheet Decomposition
SmartCentres Real Estate Investment Trust
| Current Assets | 304.9m |
| Cash & Short-Term Investments | 34.7m |
| Receivables | 203.4m |
| Other Current Assets | 66.8m |
| Non-Current Assets | 11.6B |
| Long-Term Investments | 11.3B |
| PP&E | 4.2m |
| Intangibles | 42.5m |
| Other Non-Current Assets | 232.7m |
| Current Liabilities | 859m |
| Accounts Payable | 95.4m |
| Accrued Liabilities | 17.4m |
| Other Current Liabilities | 746.2m |
| Non-Current Liabilities | 5.8B |
| Long-Term Debt | 4.4B |
| Other Non-Current Liabilities | 1.4B |
Earnings Waterfall
SmartCentres Real Estate Investment Trust
|
Revenue
|
834.6m
CAD
|
|
Cost of Revenue
|
-321m
CAD
|
|
Gross Profit
|
513.6m
CAD
|
|
Operating Expenses
|
-54.4m
CAD
|
|
Operating Income
|
459.2m
CAD
|
|
Other Expenses
|
-45.5m
CAD
|
|
Net Income
|
413.7m
CAD
|
Free Cash Flow Analysis
SmartCentres Real Estate Investment Trust
SRU.UN Profitability Score
Profitability Due Diligence
SmartCentres Real Estate Investment Trust's profitability score is 63/100. The higher the profitability score, the more profitable the company is.
Score
SmartCentres Real Estate Investment Trust's profitability score is 63/100. The higher the profitability score, the more profitable the company is.
SRU.UN Solvency Score
Solvency Due Diligence
SmartCentres Real Estate Investment Trust's solvency score is 25/100. The higher the solvency score, the more solvent the company is.
Score
SmartCentres Real Estate Investment Trust's solvency score is 25/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
SRU.UN Price Targets Summary
SmartCentres Real Estate Investment Trust
According to Wall Street analysts, the average 1-year price target for
SRU.UN
is 26.85 CAD
with a low forecast of 24.75 CAD and a high forecast of 31.5 CAD.
Shareholder Return
SRU.UN Price
SmartCentres Real Estate Investment Trust
| Average Annual Return | 3.61% |
| Standard Deviation of Annual Returns | 29.93% |
| Max Drawdown | -54% |
| Market Capitalization | 3.2B CAD |
| Shares Outstanding | 144 630 000 |
| Percentage of Shares Shorted | 1.62% |
Company Profile
SmartCentres Real Estate Investment Trust
Country
Industry
Market Cap
Dividend Yield
Description
SmartCentres Real Estate Investment Trust is a fully integrated commercial and residential REITs, with its strategically located properties in communities across the country. The company is headquartered in Vaughan, Ontario. The Trust develops, leases, constructs, owns and manages shopping centers, office buildings, high-rise and low-rise condominium and rental residences, seniors’ housing, town house units, and self-storage rental facilities in Canada. Its portfolio featuring approximately168 located properties. The firm's subsidiaries include Smart Limited Partnership, Smart Limited Partnership II, Smart Limited Partnership III, Smart Limited Partnership IV, Smart Oshawa South Limited Partnership, Smart Oshawa Taunton Limited Partnership, Smart Boxgrove Limited Partnership, ONR Limited Partnership and ONR Limited Partnership I. The firm's Project 512 program consists of rental apartments, condos, seniors’ residences and hotels, to be developed under the SmartLiving banner; and retail, office, and storage facilities, to be developed under the SmartCentres banner.
Contact
IPO
Employees
Officers
The intrinsic value of one
SRU.UN
stock under the Base Case scenario is
32.58
CAD.
Compared to the current market price of 22.47 CAD,
SmartCentres Real Estate Investment Trust
is
Undervalued by 31%.
You don't have any saved screeners yet
