Dream Residential: Top 10 Undervalued Real Estate Sector Stocks on TSX (DRR-U)
Dream Residential 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). The real estate sector is focused on companies that provide mortgages, manage property or are REITs.
All data provided as-at market close December 11, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Dream Residential Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States. Dream Residential is listed under DRR-U on the Toronto Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| HOM-UN-T | BSR REIT | 17.79 | 0 | 1.5 | 0 | 0 | 0 |
| IVQ-U-T | Invesque | 0.97 | 0 | 0 | 0 | 0 | 0 |
| MI-UN-T | Minto Apartment REIT | 14.35 | 0 | 2.1 | 0 | 0 | 0 |
| MHC-U-T | Flagship Communities | 16.2 | 0 | 2.7 | 0 | 0 | 0 |
| IVQ-T | Invesque | 1.34 | 0 | 0 | 0 | 0 | 0 |
| MRC-T | Morguard | 107.78 | 0 | 1.8 | 0 | 0 | 0 |
| HOM-U-T | BSR REIT | 13.17 | 0 | 1.5 | 0 | 0 | 0 |
| HOT-U-T | American Hotel Inc Props | 1.85 | 0 | 0 | 0 | 0 | 0 |
| HOT-UN-T | American Hotel Inc Props | 2.53 | 0 | 0 | 0 | 0 | 0 |
| DRR-U-T | Dream Residential | 7.46 | 0 | 0 | 0 | 0 | 0 |
More about Dream Residential
Stocks in this category are held primarily for capital appreciation.
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