SmartCentres Real Estate Investment Trust
TSX:SRU.UN

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SmartCentres Real Estate Investment Trust
TSX:SRU.UN
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Price: 25.9 CAD 1.41% Market Closed
Market Cap: 3.7B CAD

Relative Value

The Relative Value of one SRU.UN stock under the Base Case scenario is 51.71 CAD. Compared to the current market price of 25.9 CAD, SmartCentres Real Estate Investment Trust is Undervalued by 50%.

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.

SRU.UN Relative Value
Base Case
51.71 CAD
Undervaluation 50%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
44
Median 3Y
4.3
Median 5Y
4.3
Industry
3.7
Forward
4
vs History
28
vs Industry
33
Median 3Y
11.2
Median 5Y
12.1
Industry
16.7
Forward
13.2
vs History
71
vs Industry
40
Median 3Y
10.1
Median 5Y
10.2
Industry
11.1
vs History
47
vs Industry
28
Median 3Y
12.9
Median 5Y
11.8
Industry
13.2
vs History
47
vs Industry
54
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9
vs History
74
vs Industry
38
Median 3Y
9.3
Median 5Y
9.5
Industry
6.7
Forward
8.4
vs History
71
vs Industry
36
Median 3Y
15.3
Median 5Y
15.5
Industry
12.2
vs History
71
vs Industry
38
Median 3Y
17.3
Median 5Y
17.3
Industry
16
Forward
14.1
vs History
71
vs Industry
43
Median 3Y
17.3
Median 5Y
17.4
Industry
19.2
vs History
80
vs Industry
32
Median 3Y
22.5
Median 5Y
22.6
Industry
18.6
vs History
80
vs Industry
31
Median 3Y
22.6
Median 5Y
22.6
Industry
20.2
vs History
61
vs Industry
53
Median 3Y
0.7
Median 5Y
0.7
Industry
0.7

Multiples Across Competitors

SRU.UN Competitors Multiples
SmartCentres Real Estate Investment Trust Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
SmartCentres Real Estate Investment Trust
TSX:SRU.UN
3.7B CAD 4 15.2 16.1 16.1
US
Simon Property Group Inc
NYSE:SPG
54.4B USD 9.1 26.6 17.4 25.2
US
Realty Income Corp
NYSE:O
52.1B USD 9.7 53.8 16.4 33
SG
CapitaLand Integrated Commercial Trust
SGX:C38U
16.1B 0 0 0 0
US
Kimco Realty Corp
NYSE:KIM
14.7B USD 7.1 28.5 17.6 33.3
HK
Link Real Estate Investment Trust
HKEX:823
109.4B HKD 7.7 -12.3 15.9 15.9
AU
Scentre Group
ASX:SCG
19.8B AUD 7.5 18.9 19.7 19.7
US
Regency Centers Corp
NASDAQ:REG
12.8B USD 8.7 33.2 18.8 32.8
FR
Klepierre SA
PAR:LI
9.5B EUR 6.3 8.7 16.9 16.9
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
8.3B USD 6.8 28.2 16.4 29.8