MINTO APARTMENT REAL ESTATE (MI-UN.CA) Fundamental Analysis & Valuation
TSX:MI-UN • CA60448E1034
Current stock price
17.53 CAD
+0.11 (+0.63%)
Last:
This MI-UN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. MI-UN.CA Profitability Analysis
1.1 Basic Checks
- MI-UN had negative earnings in the past year.
- In the past year MI-UN had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: MI-UN reported negative net income in multiple years.
- In the past 5 years MI-UN always reported a positive cash flow from operatings.
1.2 Ratios
- MI-UN has a worse Return On Assets (-10.10%) than 86.67% of its industry peers.
- The Return On Equity of MI-UN (-30.08%) is worse than 86.67% of its industry peers.
- MI-UN has a Return On Invested Capital (3.01%) which is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for MI-UN is in line with the industry average of 3.01%.
- The 3 year average ROIC (2.83%) for MI-UN is below the current ROIC(3.01%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.1% | ||
| ROE | -30.08% | ||
| ROIC | 3.01% |
ROA(3y)-4.01%
ROA(5y)0.01%
ROE(3y)-11.75%
ROE(5y)-1.47%
ROIC(3y)2.83%
ROIC(5y)2.63%
1.3 Margins
- MI-UN has a Operating Margin of 63.42%. This is amongst the best in the industry. MI-UN outperforms 93.33% of its industry peers.
- In the last couple of years the Operating Margin of MI-UN has remained more or less at the same level.
- The Gross Margin of MI-UN (63.42%) is comparable to the rest of the industry.
- MI-UN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 63.42% | ||
| PM (TTM) | N/A | ||
| GM | 63.42% |
OM growth 3Y1.27%
OM growth 5Y0.16%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.27%
GM growth 5Y0.16%
2. MI-UN.CA Health Analysis
2.1 Basic Checks
- The number of shares outstanding for MI-UN has been reduced compared to 1 year ago.
- MI-UN has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, MI-UN has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.48, we must say that MI-UN is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.48, MI-UN is doing worse than 60.00% of the companies in the same industry.
- MI-UN has a debt to FCF ratio of 10.50. This is a negative value and a sign of low solvency as MI-UN would need 10.50 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 10.50, MI-UN is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
- MI-UN has a Debt/Equity ratio of 1.24. This is a high value indicating a heavy dependency on external financing.
- MI-UN's Debt to Equity ratio of 1.24 is on the low side compared to the rest of the industry. MI-UN is outperformed by 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 10.5 | ||
| Altman-Z | 0.48 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.10 indicates that MI-UN may have some problems paying its short term obligations.
- The Current ratio of MI-UN (0.10) is worse than 73.33% of its industry peers.
- MI-UN has a Quick Ratio of 0.10. This is a bad value and indicates that MI-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 0.10, MI-UN is doing worse than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.1 | ||
| Quick Ratio | 0.1 |
3. MI-UN.CA Growth Analysis
3.1 Past
- MI-UN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -502.24%.
- MI-UN shows a decrease in Revenue. In the last year, the revenue decreased by -1.67%.
- The Revenue has been growing slightly by 4.33% on average over the past years.
EPS 1Y (TTM)-502.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-364.18%
Revenue 1Y (TTM)-1.67%
Revenue growth 3Y2.41%
Revenue growth 5Y4.33%
Sales Q2Q%-1.32%
3.2 Future
- The Earnings Per Share is expected to grow by 181.07% on average over the next years. This is a very strong growth
- MI-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.54% yearly.
EPS Next Y670%
EPS Next 2Y181.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.68%
Revenue Next 2Y4.54%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. MI-UN.CA Valuation Analysis
4.1 Price/Earnings Ratio
- MI-UN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- The Price/Forward Earnings ratio is 29.86, which means the current valuation is very expensive for MI-UN.
- 66.67% of the companies in the same industry are cheaper than MI-UN, based on the Price/Forward Earnings ratio.
- MI-UN's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 29.86 |
4.2 Price Multiples
- MI-UN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.69 | ||
| EV/EBITDA | N/A |
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.
- A more expensive valuation may be justified as MI-UN's earnings are expected to grow with 181.07% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y181.07%
EPS Next 3YN/A
5. MI-UN.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 3.21%, MI-UN has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 4.85, MI-UN is paying slightly less dividend.
- MI-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.21% |
5.2 History
- The dividend of MI-UN has a limited annual growth rate of 4.07%.
- MI-UN has been paying a dividend for over 5 years, so it has already some track record.
- As MI-UN did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)4.07%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
- MI-UN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
- The dividend of MI-UN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-17.4%
EPS Next 2Y181.07%
EPS Next 3YN/A
MI-UN.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MI-UN (3/24/2026, 7:00:00 PM)
17.53
+0.11 (+0.63%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)03-04 2026-03-04
Earnings (Next)05-04 2026-05-04
Inst Owners24.46%
Inst Owner ChangeN/A
Ins Owners2.49%
Ins Owner ChangeN/A
Market Cap642.12M
Revenue(TTM)154.46M
Net Income(TTM)-244.23M
Analysts73.75
Price Target17.72 (1.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.21% |
Yearly Dividend1.12
Dividend Growth(5Y)4.07%
DP-17.4%
Div Incr Years6
Div Non Decr Years6
Ex-Date02-27 2026-02-27 (0.04458)
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)0.56%
PT rev (3m)11.38%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.47%
Revenue NY rev (3m)-1.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 29.86 | ||
| P/S | 4.16 | ||
| P/FCF | 6.69 | ||
| P/OCF | 6.69 | ||
| P/B | 0.79 | ||
| P/tB | 0.79 | ||
| EV/EBITDA | N/A |
EPS(TTM)-6.69
EYN/A
EPS(NY)0.59
Fwd EY3.35%
FCF(TTM)2.62
FCFY14.94%
OCF(TTM)2.62
OCFY14.94%
SpS4.22
BVpS22.17
TBVpS22.17
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.1% | ||
| ROE | -30.08% | ||
| ROCE | 4.18% | ||
| ROIC | 3.01% | ||
| ROICexc | 3.01% | ||
| ROICexgc | 3.01% | ||
| OM | 63.42% | ||
| PM (TTM) | N/A | ||
| GM | 63.42% | ||
| FCFM | 62.12% |
ROA(3y)-4.01%
ROA(5y)0.01%
ROE(3y)-11.75%
ROE(5y)-1.47%
ROIC(3y)2.83%
ROIC(5y)2.63%
ROICexc(3y)2.84%
ROICexc(5y)2.63%
ROICexgc(3y)2.84%
ROICexgc(5y)2.63%
ROCE(3y)3.94%
ROCE(5y)3.65%
ROICexgc growth 3Y8.54%
ROICexgc growth 5Y2.85%
ROICexc growth 3Y8.54%
ROICexc growth 5Y2.85%
OM growth 3Y1.27%
OM growth 5Y0.16%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.27%
GM growth 5Y0.16%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 10.5 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.38 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.1 | ||
| Quick Ratio | 0.1 | ||
| Altman-Z | 0.48 |
F-Score4
WACCN/A
ROIC/WACCN/A
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)-502.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-364.18%
EPS Next Y670%
EPS Next 2Y181.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.67%
Revenue growth 3Y2.41%
Revenue growth 5Y4.33%
Sales Q2Q%-1.32%
Revenue Next Year4.68%
Revenue Next 2Y4.54%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-2.6%
EBIT growth 3Y3.72%
EBIT growth 5Y4.5%
EBIT Next Year0.89%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y0.09%
FCF growth 3Y5.17%
FCF growth 5Y6.55%
OCF growth 1Y0.09%
OCF growth 3Y5.17%
OCF growth 5Y6.55%
MINTO APARTMENT REAL ESTATE / MI-UN.CA Fundamental Analysis FAQ
What is the fundamental rating for MI-UN stock?
ChartMill assigns a fundamental rating of 3 / 10 to MI-UN.CA.
What is the valuation status for MI-UN stock?
ChartMill assigns a valuation rating of 2 / 10 to MINTO APARTMENT REAL ESTATE (MI-UN.CA). This can be considered as Overvalued.
What is the profitability of MI-UN stock?
MINTO APARTMENT REAL ESTATE (MI-UN.CA) has a profitability rating of 4 / 10.
What is the financial health of MINTO APARTMENT REAL ESTATE (MI-UN.CA) stock?
The financial health rating of MINTO APARTMENT REAL ESTATE (MI-UN.CA) is 1 / 10.
Can you provide the dividend sustainability for MI-UN stock?
The dividend rating of MINTO APARTMENT REAL ESTATE (MI-UN.CA) is 5 / 10 and the dividend payout ratio is -17.4%.