Tricon Residential Inc
TSX:TCN

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Tricon Residential Inc
TSX:TCN
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Price: 15.34 CAD -0.78%
Market Cap: 4.6B CAD

Relative Value

The Relative Value of one TCN stock under the Base Case scenario is 31.24 CAD. Compared to the current market price of 15.34 CAD, Tricon Residential Inc is Undervalued by 51%.

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.

TCN Relative Value
Base Case
31.24 CAD
Undervaluation 51%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
57
vs Industry
49
Median 3Y
3.4
Median 5Y
3.6
Industry
3.8
Forward
6.2
vs History
14
vs Industry
20
Median 3Y
21.8
Median 5Y
14.6
Industry
16.9
Forward
34.9
vs History
23
vs Industry
15
Median 3Y
20.9
Median 5Y
19.7
Industry
11.1
vs History
vs Industry
12
Median 3Y
-21.9
Median 5Y
1.5
Industry
13.1
vs History
49
vs Industry
51
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
vs History
57
vs Industry
31
Median 3Y
10.1
Median 5Y
10.2
Industry
6.7
Forward
17.4
vs History
57
vs Industry
35
Median 3Y
14.4
Median 5Y
14.7
Industry
12.3
vs History
52
vs Industry
12
Median 3Y
33.1
Median 5Y
33.3
Industry
16
Forward
26
vs History
52
vs Industry
14
Median 3Y
35.5
Median 5Y
35.7
Industry
19.3
Forward
33.3
vs History
23
vs Industry
6
Median 3Y
58.3
Median 5Y
50.4
Industry
18.5
vs History
14
vs Industry
6
Median 3Y
87.8
Median 5Y
63.2
Industry
20.2
vs History
57
vs Industry
53
Median 3Y
0.7
Median 5Y
0.7
Industry
0.8

Multiples Across Competitors

TCN Competitors Multiples
Tricon Residential Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Tricon Residential Inc
TSX:TCN
4.2B CAD 3.6 26.6 33.2 35.7
DE
Vonovia SE
XETRA:VNA
23B EUR 4.4 -32.3 22.7 24.1
CN
Zhejiang China Commodities City Group Co Ltd
SSE:600415
118.7B CNY 7.3 37.5 29.9 29.9
HK
Swire Properties Ltd
HKEX:1972
123B HKD 8.5 -160.5 19.3 20.5
BM
Hongkong Land Holdings Ltd
SGX:H78
13.9B USD 6.9 -10 29.8 30.4
IL
Azrieli Group Ltd
TASE:AZRG
40.4B ILS 6.9 16.3 17.1 17.2
PH
SM Prime Holdings Inc
XPHS:SMPH
669.4B PHP 4.7 14.3 10.8 13.2
CN
China Resources Mixc Lifestyle Services Ltd
HKEX:1209
86.8B HKD 4.7 21.9 15.5 15.5
SG
Capitaland Investment Ltd
SGX:9CI
14.2B SGD 5 29.5 20.8 24.6
CH
Swiss Prime Site AG
SIX:SPSN
8.7B CHF 13.2 24.2 31.7 32.4
DE
Deutsche Wohnen SE
XETRA:DWNI
8.9B EUR 4.7 -15.1 16.2 16.9
P/E Multiple
Earnings Growth PEG
CA
Tricon Residential Inc
TSX:TCN
Average P/E: 24.3
26.6
N/A N/A
DE
Vonovia SE
XETRA:VNA
Negative Multiple: -32.3 N/A N/A
CN
Zhejiang China Commodities City Group Co Ltd
SSE:600415
37.5
28%
1.3
HK
S
Swire Properties Ltd
HKEX:1972
Negative Multiple: -160.5 N/A N/A
BM
Hongkong Land Holdings Ltd
SGX:H78
Negative Multiple: -10 N/A N/A
IL
Azrieli Group Ltd
TASE:AZRG
16.3
N/A N/A
PH
S
SM Prime Holdings Inc
XPHS:SMPH
14.3
8%
1.8
CN
China Resources Mixc Lifestyle Services Ltd
HKEX:1209
21.9
15%
1.5
SG
Capitaland Investment Ltd
SGX:9CI
29.5
27%
1.1
CH
Swiss Prime Site AG
SIX:SPSN
24.2
1%
24.2
DE
Deutsche Wohnen SE
XETRA:DWNI
Negative Multiple: -15.1 N/A N/A