AUTOMOTIVE PROPERTIES REAL E (APR-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:APR-UN - CA05329M1041 - REIT
11.43 CAD
+0.01 (+0.09%)
We assign a fundamental rating of 5 out of 10 to APR-UN. APR-UN was compared to 1 industry peers in the Specialized REITs industry. While APR-UN has a great profitability rating, there are some minor concerns on its financial health. APR-UN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- APR-UN had positive earnings in the past year.
- APR-UN had a positive operating cash flow in the past year.
- APR-UN had positive earnings in each of the past 5 years.
- APR-UN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- APR-UN's Return On Assets of 3.14% is amongst the best of the industry. APR-UN outperforms 100.00% of its industry peers.
- Looking at the Return On Equity, with a value of 6.29%, APR-UN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- APR-UN has a Return On Invested Capital of 4.16%. This is amongst the best in the industry. APR-UN outperforms 100.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for APR-UN is in line with the industry average of 4.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 6.29% | ||
| ROIC | 4.16% |
ROA(3y)5.98%
ROA(5y)5.79%
ROE(3y)12.1%
ROE(5y)12.35%
ROIC(3y)5.47%
ROIC(5y)4.68%
1.3 Margins
- APR-UN's Profit Margin of 42.85% is amongst the best of the industry. APR-UN outperforms 100.00% of its industry peers.
- In the last couple of years the Profit Margin of APR-UN has declined.
- APR-UN's Operating Margin of 78.11% is amongst the best of the industry. APR-UN outperforms 100.00% of its industry peers.
- In the last couple of years the Operating Margin of APR-UN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 78.11% | ||
| PM (TTM) | 42.85% | ||
| GM | N/A |
OM growth 3Y57.29%
OM growth 5Y22.76%
PM growth 3Y-11.11%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- APR-UN has more shares outstanding than it did 1 year ago.
- APR-UN has more shares outstanding than it did 5 years ago.
- APR-UN has a better debt/assets ratio than last year.
2.2 Solvency
- APR-UN has an Altman-Z score of 0.99. This is a bad value and indicates that APR-UN is not financially healthy and even has some risk of bankruptcy.
- APR-UN's Altman-Z score of 0.99 is amongst the best of the industry. APR-UN outperforms 100.00% of its industry peers.
- The Debt to FCF ratio of APR-UN is 8.35, which is on the high side as it means it would take APR-UN, 8.35 years of fcf income to pay off all of its debts.
- APR-UN has a Debt to FCF ratio of 8.35. This is amongst the best in the industry. APR-UN outperforms 100.00% of its industry peers.
- APR-UN has a Debt/Equity ratio of 0.96. This is a neutral value indicating APR-UN is somewhat dependend on debt financing.
- APR-UN has a better Debt to Equity ratio (0.96) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 8.35 | ||
| Altman-Z | 0.99 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.06 indicates that APR-UN may have some problems paying its short term obligations.
- APR-UN's Current ratio of 0.06 is amongst the best of the industry. APR-UN outperforms 100.00% of its industry peers.
- APR-UN has a Quick Ratio of 0.06. This is a bad value and indicates that APR-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.06, APR-UN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.06 | ||
| Quick Ratio | 0.06 |
3. Growth
3.1 Past
- The earnings per share for APR-UN have decreased by -6.45% in the last year.
- Measured over the past years, APR-UN shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.26% on average per year.
- Looking at the last year, APR-UN shows a small growth in Revenue. The Revenue has grown by 3.80% in the last year.
- The Revenue has been growing slightly by 6.79% on average over the past years.
EPS 1Y (TTM)-6.45%
EPS 3Y-6.26%
EPS 5YN/A
EPS Q2Q%404.56%
Revenue 1Y (TTM)3.8%
Revenue growth 3Y6.27%
Revenue growth 5Y6.79%
Sales Q2Q%7.92%
3.2 Future
- Based on estimates for the next years, APR-UN will show a decrease in Earnings Per Share. The EPS will decrease by -3.42% on average per year.
- The Revenue is expected to grow by 7.34% on average over the next years.
EPS Next Y-48.76%
EPS Next 2Y-8.19%
EPS Next 3Y-3.42%
EPS Next 5YN/A
Revenue Next Year7.97%
Revenue Next 2Y9.44%
Revenue Next 3Y7.34%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 13.77, the valuation of APR-UN can be described as correct.
- APR-UN's Price/Earnings ratio is rather cheap when compared to the industry. APR-UN is cheaper than 100.00% of the companies in the same industry.
- APR-UN is valuated rather cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
- APR-UN is valuated reasonably with a Price/Forward Earnings ratio of 11.09.
- Based on the Price/Forward Earnings ratio, APR-UN is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, APR-UN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.77 | ||
| Fwd PE | 11.09 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, APR-UN is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.14 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The decent profitability rating of APR-UN may justify a higher PE ratio.
- APR-UN's earnings are expected to decrease with -3.42% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.19%
EPS Next 3Y-3.42%
5. Dividend
5.1 Amount
- APR-UN has a Yearly Dividend Yield of 6.94%, which is a nice return.
- Compared to an average industry Dividend Yield of 6.94, APR-UN pays a better dividend. On top of this APR-UN pays more dividend than 100.00% of the companies listed in the same industry.
- APR-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.94% |
5.2 History
- The dividend of APR-UN has a limited annual growth rate of 2.44%.
- APR-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
- APR-UN has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)2.44%
Div Incr Years1
Div Non Decr Years9
5.3 Sustainability
- APR-UN pays out 104.38% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of APR-UN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP104.38%
EPS Next 2Y-8.19%
EPS Next 3Y-3.42%
AUTOMOTIVE PROPERTIES REAL E / APR-UN.CA FAQ
What is the ChartMill fundamental rating of AUTOMOTIVE PROPERTIES REAL E (APR-UN.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to APR-UN.CA.
What is the valuation status of AUTOMOTIVE PROPERTIES REAL E (APR-UN.CA) stock?
ChartMill assigns a valuation rating of 6 / 10 to AUTOMOTIVE PROPERTIES REAL E (APR-UN.CA). This can be considered as Fairly Valued.
What is the profitability of APR-UN stock?
AUTOMOTIVE PROPERTIES REAL E (APR-UN.CA) has a profitability rating of 7 / 10.
What is the valuation of AUTOMOTIVE PROPERTIES REAL E based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AUTOMOTIVE PROPERTIES REAL E (APR-UN.CA) is 13.77 and the Price/Book (PB) ratio is 0.94.
Is the dividend of AUTOMOTIVE PROPERTIES REAL E sustainable?
The dividend rating of AUTOMOTIVE PROPERTIES REAL E (APR-UN.CA) is 6 / 10 and the dividend payout ratio is 104.38%.