Company Valuation: Canadian Apartment Properties Real Estate Investment Trust

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,502 7,343 8,264 7,098 5,739 5,202 - -
Change - -30.08% 12.54% -14.11% -19.15% -9.34% - -
Enterprise Value (EV) 1 10,502 14,347 8,264 7,098 5,739 11,315 11,374 5,202
Change - 36.62% -42.4% -14.11% -19.15% 97.18% 0.52% -54.26%
P/E 7.49x 547x -20.2x 24.6x 29.9x -109x 13.2x 12.7x
PBR - - - - - - - -
PEG - -5.5x 0x -0x -1x 1x -0x 3.24x
Capitalization / Revenue 11.3x 7.29x 7.76x 6.38x 5.72x 5.24x 5.14x 4.99x
EV / Revenue 11.3x 14.2x 7.76x 6.38x 5.72x 11.4x 11.2x 4.99x
EV / EBITDA 18.3x 23.4x 13x 10.5x 9.52x 19x 18.4x 8.1x
EV / EBIT - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.409 1.45 1.45 1.471 1.546 1.564 1.588 1.66
Rate of return 2.35% 3.4% 2.97% 3.45% 4.19% 4.63% 4.7% 4.92%
EPS 2 8.003 0.078 -2.419 1.73 1.232 -0.31 2.55 2.65
Distribution rate 17.6% 1,859% -59.9% 85% 125% -505% 62.3% 62.6%
Net sales 1 933.1 1,007 1,065 1,113 1,003 993.6 1,013 1,043
EBITDA 1 575.2 612.4 636.2 673.1 603.1 596.1 619.7 642.3
EBIT - - - - - - - -
Net income 1 1,393 13.64 -411.6 292.7 197.1 -47.65 391 403.9
Net Debt 1 - 7,004 - - - 6,113 6,172 -
Reference price 2 59.96 42.68 48.80 42.63 36.87 33.77 33.77 33.77
Nbr of stocks (in thousands) 175,145 172,046 169,339 166,492 155,642 154,051 - -
Announcement Date 23/2/22 22/2/23 22/2/24 13/2/25 12/2/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-108.94x11.39x18.98x4.63% 3.75B
32.79x11.39x18.68x3.87% 26.25B
51.4x10.4x17.58x4.26% 24.74B
50.23x12.84x19.57x3.61% 18.48B
33.04x8.88x16.98x3.97% 17.89B
36.4x9.53x16.9x4.6% 15.49B
-89.26x8.95x19.87x3.61% 15.02B
31.89x10.15x20.79x3.3% 12.73B
37.01x9.13x17.13x3.86% 12.26B
37.76x10.6x16.96x4.58% 12.19B
Average 11.23x 10.32x 18.34x 4.03% 15.88B
Weighted average by Cap. 23.85x 10.37x 18.28x 3.98%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CAR.UN Stock
  4. Valuation Canadian Apartment Properties Real Estate Investment Trust