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CAPREIT: Top 10 Undervalued Real Estate Sector Stocks on TSX (CAR-UN)

AI-generated - The Globe and Mail - Tue Jul 23, 8:01PM CDT

CAPREIT is now ranked among the top 10 undervalued stocks in the Real Estate sector on the Toronto Stock Exchange.

  • A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
  • Valuation methodology provided by Stockcalc (see below)

Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
AIFAltus Group--- (0.0%)0.01.1212.8
AP-UNAllied Properties REIT--- (0.0%)0.010.30.0
APR-UNAutomotive Props REIT--- (0.0%)0.08.07.3
AX-UNArtis REIT--- (0.0%)0.08.90.0
BEI-UNBoardwalk REIT--- (0.0%)0.01.64.9
BEK-BBecker Milk Co--- (0.0%)0.06.5177.1
BREBridgemarq Real Estate--- (0.0%)0.010.717.8
BTB-UNBTB REIT--- (0.0%)0.09.28.2
CAR-UNCAPREIT--- (0.0%)0.03.00.0
CHP-UNChoice Properties REIT--- (0.0%)0.05.322.3

All data provided as of July 23, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

CAPREIT

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments.

CAPREIT is listed under CAR-UN on the Toronto Stock Exchange.

Stockcalc

StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.

Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:

  • Discounted Cash Flow (DCF)
  • Price & Other Comparables
  • Multiples
  • Adjusted Book Value (ABV)
  • Analyst Consensus

Artificial Intelligence at Report on Business

Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.