BSR REAL ESTATE INVESTMENT T (HOM-UN.CA) Stock Fundamental Analysis
TSX:HOM-UN - Toronto Stock Exchange - CA05585D1033 - REIT - Currency: CAD
Taking everything into account, HOM-UN scores 3 out of 10 in our fundamental rating. HOM-UN was compared to 16 industry peers in the Residential REITs industry. HOM-UN has a bad profitability rating. Also its financial health evaluation is rather negative. HOM-UN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HOM-UN has reported negative net income.
HOM-UN had a positive operating cash flow in the past year.
In multiple years HOM-UN reported negative net income over the last 5 years.
In the past 5 years HOM-UN always reported a positive cash flow from operatings.
1.2 Ratios
HOM-UN's Return On Assets of -8.36% is on the low side compared to the rest of the industry. HOM-UN is outperformed by 93.75% of its industry peers.
The Return On Equity of HOM-UN (-24.04%) is worse than 87.50% of its industry peers.
The Return On Invested Capital of HOM-UN (1.31%) is worse than 87.50% of its industry peers.
HOM-UN had an Average Return On Invested Capital over the past 3 years of 2.24%. This is in line with the industry average of 3.07%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.36% | ||
| ROE | -24.04% | ||
| ROIC | 1.31% |
ROA(3y)4.67%
ROA(5y)2.35%
ROE(3y)12.06%
ROE(5y)5.23%
ROIC(3y)2.24%
ROIC(5y)2.3%
1.3 Margins
HOM-UN has a Operating Margin of 12.96%. This is amonst the worse of the industry: HOM-UN underperforms 93.75% of its industry peers.
In the last couple of years the Operating Margin of HOM-UN has declined.
With a decent Gross Margin value of 66.55%, HOM-UN is doing good in the industry, outperforming 68.75% of the companies in the same industry.
In the last couple of years the Gross Margin of HOM-UN has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.96% | ||
| PM (TTM) | N/A | ||
| GM | 66.55% |
OM growth 3Y10.68%
OM growth 5Y-23.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.99%
GM growth 5Y-2.92%
2. Health
2.1 Basic Checks
HOM-UN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
HOM-UN has less shares outstanding than it did 1 year ago.
The number of shares outstanding for HOM-UN has been increased compared to 5 years ago.
HOM-UN has a worse debt/assets ratio than last year.
2.2 Solvency
HOM-UN has an Altman-Z score of 0.27. This is a bad value and indicates that HOM-UN is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.27, HOM-UN is doing worse than 75.00% of the companies in the same industry.
The Debt to FCF ratio of HOM-UN is 13.33, which is on the high side as it means it would take HOM-UN, 13.33 years of fcf income to pay off all of its debts.
HOM-UN's Debt to FCF ratio of 13.33 is in line compared to the rest of the industry. HOM-UN outperforms 50.00% of its industry peers.
A Debt/Equity ratio of 0.93 indicates that HOM-UN is somewhat dependend on debt financing.
The Debt to Equity ratio of HOM-UN (0.93) is worse than 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 13.33 | ||
| Altman-Z | 0.27 |
ROIC/WACC0.22
WACC5.89%
2.3 Liquidity
A Current Ratio of 0.04 indicates that HOM-UN may have some problems paying its short term obligations.
HOM-UN has a Current ratio of 0.04. This is amonst the worse of the industry: HOM-UN underperforms 93.75% of its industry peers.
HOM-UN has a Quick Ratio of 0.04. This is a bad value and indicates that HOM-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
HOM-UN's Quick ratio of 0.04 is on the low side compared to the rest of the industry. HOM-UN is outperformed by 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.68% over the past year.
HOM-UN shows a small growth in Revenue. In the last year, the Revenue has grown by 0.75%.
Measured over the past years, HOM-UN shows a very strong growth in Revenue. The Revenue has been growing by 21.22% on average per year.
EPS 1Y (TTM)1.68%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%47.5%
Revenue 1Y (TTM)0.75%
Revenue growth 3Y13.99%
Revenue growth 5Y21.22%
Sales Q2Q%0.5%
3.2 Future
The Earnings Per Share is expected to grow by 33.32% on average over the next years. This is a very strong growth
HOM-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.21% yearly.
EPS Next Y42.61%
EPS Next 2Y52.8%
EPS Next 3Y33.32%
EPS Next 5YN/A
Revenue Next Year0.62%
Revenue Next 2Y2.54%
Revenue Next 3Y3.21%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HOM-UN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 14.64, HOM-UN is valued correctly.
HOM-UN's Price/Forward Earnings is on the same level as the industry average.
HOM-UN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.64 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HOM-UN is on the same level as its industry peers.
HOM-UN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.43 | ||
| EV/EBITDA | 78.79 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HOM-UN's earnings are expected to grow with 33.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y52.8%
EPS Next 3Y33.32%
5. Dividend
5.1 Amount
HOM-UN has a Yearly Dividend Yield of 4.87%, which is a nice return.
HOM-UN's Dividend Yield is a higher than the industry average which is at 4.91.
HOM-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
5.2 History
HOM-UN has been paying a dividend for over 5 years, so it has already some track record.
As HOM-UN did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years5
5.3 Sustainability
HOM-UN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-18.94%
EPS Next 2Y52.8%
EPS Next 3Y33.32%
TSX:HOM-UN (2/21/2025, 7:00:00 PM)
16.48
-0.07 (-0.42%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners20.25%
Inst Owner ChangeN/A
Ins Owners13.74%
Ins Owner ChangeN/A
Market Cap883.49M
Analysts81.11
Price Target23.06 (39.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
Yearly Dividend0.53
Dividend Growth(5Y)N/A
DP-18.94%
Div Incr Years2
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.92%
PT rev (3m)4.41%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-230%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.64 | ||
| P/S | 3.69 | ||
| P/FCF | 7.43 | ||
| P/OCF | 7.43 | ||
| P/B | 1 | ||
| P/tB | 1 | ||
| EV/EBITDA | 78.79 |
EPS(TTM)-3.88
EYN/A
EPS(NY)1.13
Fwd EY6.83%
FCF(TTM)2.22
FCFY13.45%
OCF(TTM)2.22
OCFY13.45%
SpS4.46
BVpS16.48
TBVpS16.48
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.36% | ||
| ROE | -24.04% | ||
| ROCE | 1.82% | ||
| ROIC | 1.31% | ||
| ROICexc | 1.31% | ||
| ROICexgc | 1.31% | ||
| OM | 12.96% | ||
| PM (TTM) | N/A | ||
| GM | 66.55% | ||
| FCFM | 49.65% |
ROA(3y)4.67%
ROA(5y)2.35%
ROE(3y)12.06%
ROE(5y)5.23%
ROIC(3y)2.24%
ROIC(5y)2.3%
ROICexc(3y)2.25%
ROICexc(5y)2.33%
ROICexgc(3y)2.25%
ROICexgc(5y)2.33%
ROCE(3y)3.11%
ROCE(5y)3.2%
ROICexcg growth 3Y5.67%
ROICexcg growth 5Y-18.82%
ROICexc growth 3Y5.67%
ROICexc growth 5Y-18.82%
OM growth 3Y10.68%
OM growth 5Y-23.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.99%
GM growth 5Y-2.92%
F-Score5
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 13.33 | ||
| Debt/EBITDA | 26.27 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.5 | ||
| Cash Conversion | 380.68% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 | ||
| Altman-Z | 0.27 |
F-Score5
WACC5.89%
ROIC/WACC0.22
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1.68%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%47.5%
EPS Next Y42.61%
EPS Next 2Y52.8%
EPS Next 3Y33.32%
EPS Next 5YN/A
Revenue 1Y (TTM)0.75%
Revenue growth 3Y13.99%
Revenue growth 5Y21.22%
Sales Q2Q%0.5%
Revenue Next Year0.62%
Revenue Next 2Y2.54%
Revenue Next 3Y3.21%
Revenue Next 5YN/A
EBIT growth 1Y-70.12%
EBIT growth 3Y26.16%
EBIT growth 5Y-7.2%
EBIT Next Year-12.43%
EBIT Next 3Y-1.35%
EBIT Next 5YN/A
FCF growth 1Y5.29%
FCF growth 3Y17.43%
FCF growth 5Y21.93%
OCF growth 1Y5.29%
OCF growth 3Y17.43%
OCF growth 5Y21.93%