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: 25.45 CAD 0.08% Market Closed
Market Cap: 3.7B CAD

Relative Value

The Relative Value of one SRU.UN stock under the Base Case scenario is 51.18 CAD. Compared to the current market price of 25.45 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
51.18 CAD
Undervaluation 50%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
69
vs Industry
44
Median 3Y
4.3
Median 5Y
4.3
Industry
3.7
Forward
3.9
vs History
33
vs Industry
33
Median 3Y
10.9
Median 5Y
12.1
Industry
16.5
Forward
12.9
vs History
76
vs Industry
40
Median 3Y
10.1
Median 5Y
10.2
Industry
11
vs History
49
vs Industry
28
Median 3Y
12.9
Median 5Y
11.7
Industry
13
vs History
49
vs Industry
54
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9
vs History
76
vs Industry
38
Median 3Y
9.5
Median 5Y
9.5
Industry
6.6
Forward
8.4
vs History
73
vs Industry
36
Median 3Y
15.5
Median 5Y
15.5
Industry
12.1
vs History
73
vs Industry
38
Median 3Y
17.3
Median 5Y
17.3
Industry
15.9
Forward
14
vs History
73
vs Industry
43
Median 3Y
17.3
Median 5Y
17.4
Industry
19.1
vs History
82
vs Industry
32
Median 3Y
22.6
Median 5Y
22.6
Industry
18.5
vs History
82
vs Industry
31
Median 3Y
22.7
Median 5Y
22.6
Industry
20.1
vs History
63
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 16 16
US
Realty Income Corp
NYSE:O
52B USD 9.6 53.7 16.4 32.9
US
Simon Property Group Inc
NYSE:SPG
51.3B USD 8.6 25 16.7 24.2
SG
CapitaLand Integrated Commercial Trust
SGX:C38U
15.8B 0 0 0 0
US
Kimco Realty Corp
NYSE:KIM
14.3B USD 6.9 27.7 17.2 32.7
HK
Link Real Estate Investment Trust
HKEX:823
106.4B HKD 7.5 -12 15.6 15.6
US
Regency Centers Corp
NASDAQ:REG
12.8B USD 8.7 33.1 18.8 32.8
AU
Scentre Group
ASX:SCG
18.7B AUD 7.1 17.8 19.1 19.1
FR
Klepierre SA
PAR:LI
9.6B EUR 6.4 8.8 17 17
US
Agree Realty Corp
NYSE:ADC
8.3B USD 13 45.2 21.5 36.5
FR
Unibail-Rodamco-Westfield SE
AEX:URW
7.2B EUR 2.4 55.2 17.4 17.5