SmartCentres Real Estate Investment Trust trades with the ticker SRU-UN on the TSX and is in the REIT – Retail industry.
Overview
SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.
Looking to invest in SmartCentres 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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SRU-UN.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $3967.78MM
PE Ratio: 9.588
Price: #N/A (Updated: 3/12/2024 0:47:16)
SmartCentres Real Estate Investment Trust (SRU-UN) vs Competitors in REIT – Retail
Lets see how SRU-UN.TO stacks up against others in the REIT – Retail asset management industry. We have identified its main peers as:RioCan Real Estate Investment Trust, RioCan Real Estate Investment Trust
.REIT – Retail Industry Comparisons
| Company | Market Cap ($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
- SmartCentres Real Estate Investment Trust (SRU-UN) vs RioCan Real Estate Investment Trust (REI-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.
- SmartCentres Real Estate Investment Trust (SRU-UN) vs RioCan Real Estate Investment Trust (REI-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: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (9.59) than the industry average (96.27), indicating potential undervaluation. Features a lower EV/EBITDA ratio (13.12) than the industry average (38.86), indicating attractive valuation.
How to Buy SRU-UN stock on the TSX
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