Artis Real Estate Investment Trust trades with the ticker AX-UN on the TSX and is in the REIT – Diversified industry.
Overview
Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis’s vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.
Looking to invest in Artis Real Estate Investment Trust? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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AX-UN.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $647.718MM
PE Ratio:
Price: #N/A (Updated: 3/12/2024 0:47:16)
Artis Real Estate Investment Trust (AX-UN) vs Competitors in REIT – Diversified
Lets see how AX-UN.TO stacks up against others in the REIT – Diversified asset management industry. We have identified its main peers as:Cominar Real Estate Investment Trust, H&R Real Estate Investment Trust
.REIT – Diversified Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Artis Real Estate Investment Trust (AX-UN) | $647.718 | N/A | -12.525 | 9.9% |
| Cominar Real Estate Investment Trust (CUF-UN) | $2,141.975 | N/A | 129.734 | 2.3% |
| H&R Real Estate Investment Trust (HR-UN) | $2,510.183 | 39.0 | 33.016 | 6.6% |
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 – Diversified
- Artis Real Estate Investment Trust (AX-UN) vs Cominar Real Estate Investment Trust (CUF-UN)
- CUF-UN has higher EPS (-1.07 vs -3.1). AX-UN has higher dividend yield (9.9% vs 2.3%). CUF-UN and AX-UN both have P/E’s under 0.
- Artis Real Estate Investment Trust (AX-UN) vs H&R Real Estate Investment Trust (HR-UN)
- HR-UN has higher EPS (0.23 vs -3.1). AX-UN has higher dividend yield (9.9% vs 6.6%). AX-UN has a P/E under 0, indicating HR-UN (P/E 39.0) is in a better position.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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