Dream Residential: Top 10 Undervalued REITs Industry Stocks (DRR-U)
Dream Residential is now ranked among the top 10 undervalued stocks in the REITs industry on the Toronto Stock Exchange or TSX Venture 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).
REITs: Self-administered real estate investment trusts engaged in the development, acquisition, management, and disposition of healthcare properties, including long-term-care facilities, acute-care and rehab hospitals, psychiatric facilities, and substance-abuse centers. Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| HOM-UN-T | BSR REIT | 19.48 | 25.84 | 6.36 (32.64) | 29,579 | 728.3 | 3.6 | 1.6 |
| SGR-UN-T | Slate Grocery | 14.82 | 21.69 | 6.87 (46.38) | 143,931 | 905.5 | 7.7 | 5.2 |
| ERE-UN-T | European Residential | 3.6 | 5.3 | 1.7 (47.1) | 61,275 | 834.7 | 4.6 | 4.9 |
| MHC-U-T | Flagship Communities | 18.79 | 24.74 | 5.95 (31.66) | 11,729 | 368.5 | 2.9 | 3.2 |
| HOM-U-T | BSR REIT | 14.5 | 23.69 | 9.19 (63.39) | 24,967 | 542.1 | 3.7 | 1.6 |
| HOT-UN-T | American Hotel Inc Props | 2.69 | 4.46 | 1.77 (65.72) | 109,835 | 213.5 | 8.9 | 0 |
| SGR-U-T | Slate Grocery | 10.84 | 19.72 | 8.88 (81.93) | 1,514 | 662.3 | 8 | 5.2 |
| DRR-U-T | Dream Residential | 9.41 | 17.57 | 8.16 (86.7) | 9,547 | 120.2 | 3.7 | 0 |
| MAR-UN-X | Marwest Apartment | 0.75 | 1.23 | 0.48 (63.37) | 7,763 | 6.5 | 2 | 0.8 |
| SRES-X | Sun Residential REIT | 0.07 | 0.08 | 0.02 (25.37) | 100,053 | 13.2 | 0 | 3.9 |
More about Dream Residential
All data provided as-at market close March 01, 2023. 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.
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) and Analyst Consensus
Artificial intelligence at Report on Business
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.
