Tricon Residential Inc
TSX:TCN
Intrinsic Value
Tricon Residential, Inc. is a residential real estate investment company. [ Read More ]
The intrinsic value of one
TCN
stock under the Base Case scenario is
20.82
CAD.
Compared to the current market price of 15.23 CAD,
Tricon Residential Inc
is
Undervalued by 27%.
Tricon Residential Inc's market capitalization is 4.2B CAD.
TCN stock price is 15.23 CAD.
TCN stock price (15.23 CAD) is 27% less than its Intrinsic Value (20.82 CAD).
TCN stock price (15.23 CAD) is 55% less than its Relative Value (33.81 CAD). Open Relative Valuation
TCN has downside potential of 15% compared to the average analyst price target.
Open Wall St Estimates
TCN's ROIC (Return on Invested Capital) has increased in the last 3 years from 1% to 2%.
TCN's Revenue has grown by 5% over the past 12 months.
TCN has positive Operating Income for the last twelve months.
TCN's ROE (Return on Equity) has decreased in the last 3 years from 8% to 3%.
TCN's ROE (Return on Equity) for the past 12 months is very low and is equal to 3%.
TCN's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 2%.
TCN's long-term assets (13B USD) exceed its long-term liabilties (9B USD).
TCN has positive three-year average ROE (Return on Equity): 16%. The company is efficient at transforming stockholders' equity into net income.
TCN's D/E (Debt to Equity) is equal to 1.48.
TCN has a very low three-year average ROIC (Return on Invested Capital): 1%. The company is not efficient at using invested capital to generate operating income.
TCN's Revenue has been growing by an exceptional 28% per year for the last 3 years.
TCN has positive Net Income for the last twelve months.
TCN has positive Free Cash Flow for the last twelve months.
TCN has positive Gross Profit for the last twelve months.
TCN's short-term liabilties (560m USD) exceed its short-term assets (272m USD).
TCN has positive Net Debt. This means that the company has more debt (6B USD) than cash and short-term investments (171m USD).
TCN's Altman Z-Score is very low and is equal to 0.47.
TCN doesn't generate enough operating income (241m USD) to safely cover interest payments on its debt (291m USD).
Valuation Backtest
Tricon Residential Inc
Run backtest to discover the historical profit from buying and selling
TCN
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Tricon Residential Inc
Balance Sheet Decomposition
Tricon Residential Inc
| Current Assets | 272m |
| Cash & Short-Term Investments | 170.7m |
| Receivables | 28m |
| Other Current Assets | 73.3m |
| Non-Current Assets | 13B |
| Long-Term Investments | 12.7B |
| Intangibles | 34.9m |
| Other Non-Current Assets | 274.8m |
| Current Liabilities | 560.4m |
| Accounts Payable | 150.2m |
| Other Current Liabilities | 410.2m |
| Non-Current Liabilities | 8.8B |
| Long-Term Debt | 5.7B |
| Other Non-Current Liabilities | 3.1B |
Earnings Waterfall
Tricon Residential Inc
|
Revenue
|
849.8m
USD
|
|
Cost of Revenue
|
-261.9m
USD
|
|
Gross Profit
|
587.8m
USD
|
|
Operating Expenses
|
-346.8m
USD
|
|
Operating Income
|
241m
USD
|
|
Other Expenses
|
-126.8m
USD
|
|
Net Income
|
114.2m
USD
|
Free Cash Flow Analysis
Tricon Residential Inc
What is Free Cash Flow?
TCN Profitability Score
Profitability Due Diligence
Tricon Residential Inc's profitability score is 60/100. The higher the profitability score, the more profitable the company is.
Score
Tricon Residential Inc's profitability score is 60/100. The higher the profitability score, the more profitable the company is.
TCN Solvency Score
Solvency Due Diligence
Tricon Residential Inc's solvency score is 19/100. The higher the solvency score, the more solvent the company is.
Score
Tricon Residential Inc's solvency score is 19/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
TCN Price Targets Summary
Tricon Residential Inc
According to Wall Street analysts, the average 1-year price target for
TCN
is 12.94 CAD
with a low forecast of 10.1 CAD and a high forecast of 15.93 CAD.
Shareholder Return
TCN Price
Tricon Residential Inc
| Average Annual Return | 9.25% |
| Standard Deviation of Annual Returns | 46.05% |
| Max Drawdown | -56% |
| Market Capitalization | 4.2B CAD |
| Shares Outstanding | 273 551 000 |
| Percentage of Shares Shorted | 1.56% |
Company Profile
Tricon Residential Inc
Country
Industry
Market Cap
Dividend Yield
Description
Tricon Residential, Inc. is a residential real estate investment company. The company is headquartered in Toronto, Ontario and currently employs 968 full-time employees. The company went IPO on 2010-05-17. The firm caters to the middle-market demographic throughout the United States and Canada. Tricon owns and manages approximately 35,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform. Tricon is comprised of four operating segments: Single-Family Rental, Multi-Family Rental, Residential Development and Private Funds and Advisory. Single-Family Rental business includes owning and operating single-family rental homes primarily within major cities in the United States (U.S.). Multi-Family Rental business includes owning and operating garden-style multi-family rental properties primarily in the U.S. Residential Development business includes designing and developing multi-family rental properties in Toronto. Private Funds and Advisory business include providing asset management, property management and development management services.
Contact
IPO
Employees
Officers
The intrinsic value of one
TCN
stock under the Base Case scenario is
20.82
CAD.
Compared to the current market price of 15.23 CAD,
Tricon Residential Inc
is
Undervalued by 27%.
You don't have any saved screeners yet
