Canadian Apartment Properties Real Estate Investment Trust trades with the ticker CAR-UN on the TSX and is in the REIT – Residential industry.
Overview
CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at December 31, 2023, CAPREIT owns approximately 64,300 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.
Looking to invest in Canadian Apartment Properties Real Estate Investment Trust? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
Table of Contents
show
CAR-UN.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $8383.489MM
PE Ratio:
Price: #N/A (Updated: 3/12/2024 0:47:16)
Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) vs Competitors in REIT – Residential
Lets see how CAR-UN.TO stacks up against others in the REIT – Residential asset management industry. We have identified its main peers as:Boardwalk Real Estate Investment Trust, Minto Apartment Real Estate Investment Trust
.REIT – Residential Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Boardwalk Real Estate Investment Trust (BEI-UN) | $4,151.775 | 5.301 | 9.344 | 1.9% |
| Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) | $8,383.489 | N/A | -55.927 | 2.9% |
| Minto Apartment Real Estate Investment Trust (MI-UN) | $685.857 | N/A | -19.567 | 2.9% |
| Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) | $8,383.489 | N/A | -55.927 | 2.9% |
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 – Residential
- Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) vs Boardwalk Real Estate Investment Trust (BEI-UN)
- BEI-UN has higher EPS (14.54 vs -2.43). CAR-UN has higher dividend yield (2.9% vs 1.9%). CAR-UN has a P/E under 0, indicating BEI-UN (P/E 5.301) is in a better position.
- Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) vs Minto Apartment Real Estate Investment Trust (MI-UN)
- CAR-UN has higher EPS (-2.43 vs -2.92). MI-UN has higher dividend yield (2.9% vs 2.9%). MI-UN and CAR-UN both have P/E’s under 0.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-55.93) than the industry average (-34.17), indicating attractive valuation.
How to Buy CAR-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:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
