RioCan Real Estate Investment Trust trades with the ticker REI-UN on the TSX and is in the REIT – Retail industry.
Overview
RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan’s interest) including office, residential rental and 9 development properties.
Looking to invest in RioCan 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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REI-UN.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $5453.258MM
PE Ratio: 139.615
Price: #N/A (Updated: 3/12/2024 0:47:16)
RioCan Real Estate Investment Trust (REI-UN) vs Competitors in REIT – Retail
Lets see how REI-UN.TO stacks up against others in the REIT – Retail asset management industry. We have identified its main peers as:SmartCentres Real Estate Investment Trust
.REIT – Retail Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| RioCan Real Estate Investment Trust (REI-UN) | $5,453.258 | 139.615 | 51.732 | 6.1% |
| SmartCentres Real Estate Investment Trust (SRU-UN) | $3,967.78 | 9.588 | 13.116 | 7.9% |
| RioCan Real Estate Investment Trust (REI-UN) | $5,453.258 | 139.615 | 51.732 | 6.1% |
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 – Retail
- RioCan Real Estate Investment Trust (REI-UN) vs SmartCentres Real Estate Investment Trust (SRU-UN)
- SRU-UN has higher EPS (2.43 vs 0.13). SRU-UN has higher dividend yield (7.9% vs 6.1%). REI-UN has a higher P/E ratio (139.615 vs 9.588) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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