AP-UN : Allied Properties Real Estate Investment Trust Stock Profile

Last Updated: 3/12/2024 0:47:16

Allied Properties Real Estate Investment Trust trades with the ticker AP-UN on the TSX and is in the REIT – Office industry.

Overview
Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.
 

Looking to invest in Allied Properties Real Estate Investment Trust? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

AP-UN.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $2227.714MM

PE Ratio:

Price: #N/A (Updated: 3/12/2024 0:47:16)



Allied Properties Real Estate Investment Trust (AP-UN) vs Competitors in REIT – Office

Lets see how AP-UN.TO stacks up against others in the REIT – Office asset management industry. We have identified its main peers as:

BTB Real Estate Investment Trust, Dream Office Real Estate Investment Trust, True North Commercial Real Estate Investment Trust

.

REIT – Office Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
BTB Real Estate Investment Trust (BTB-UN) $267.454 7.286 13.865 9.8%
Dream Office Real Estate Investment Trust (D-UN) $251.873 N/A -110.844 6.5%
True North Commercial Real Estate Investment Trust (TNT-UN) $147.538 N/A -39.027 19.0%
Allied Properties Real Estate Investment Trust (AP-UN) $2,227.714 N/A -13.059 10.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within REIT – Office

  • Allied Properties Real Estate Investment Trust (AP-UN) vs BTB Real Estate Investment Trust (BTB-UN)
    • BTB-UN has higher EPS (0.42 vs -3.94). AP-UN has higher dividend yield (10.2% vs 9.8%). AP-UN has a P/E under 0, indicating BTB-UN (P/E 7.286) is in a better position.
  • Allied Properties Real Estate Investment Trust (AP-UN) vs Dream Office Real Estate Investment Trust (D-UN)
    • D-UN has higher EPS (-3.47 vs -3.94). AP-UN has higher dividend yield (10.2% vs 6.5%). D-UN and AP-UN both have P/E’s under 0.
  • Allied Properties Real Estate Investment Trust (AP-UN) vs True North Commercial Real Estate Investment Trust (TNT-UN)
    • TNT-UN has higher EPS (-3.55 vs -3.94). TNT-UN has higher dividend yield (19.0% vs 10.2%). TNT-UN and AP-UN both have P/E’s under 0.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy AP-UN stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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