MINTO APARTMENT REAL ESTATE (MI-UN.CA) Fundamental Analysis & Valuation
TSX:MI-UN • CA60448E1034
Current stock price
17.71 CAD
+0.04 (+0.23%)
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's Return On Assets of -10.10% is on the low side compared to the rest of the industry. MI-UN is outperformed by 86.67% of its industry peers.
- With a Return On Equity value of -30.08%, MI-UN is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
- MI-UN has a better Return On Invested Capital (3.12%) than 73.33% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MI-UN is in line with the industry average of 2.49%.
- The 3 year average ROIC (2.87%) for MI-UN is below the current ROIC(3.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.1% | ||
| ROE | -30.08% | ||
| ROIC | 3.12% |
ROA(3y)-4.01%
ROA(5y)0.01%
ROE(3y)-11.75%
ROE(5y)-1.47%
ROIC(3y)2.87%
ROIC(5y)2.65%
1.3 Margins
- MI-UN's Operating Margin of 63.42% is amongst the best of the industry. MI-UN outperforms 100.00% of its industry peers.
- MI-UN's Operating Margin has been stable in the last couple of years.
- The Gross Margin of MI-UN (63.42%) is worse than 60.00% of its industry peers.
- In the last couple of years the Gross Margin of MI-UN has remained more or less at the same level.
| 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
- MI-UN has less shares outstanding than it did 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
- MI-UN has an Altman-Z score of 0.44. This is a bad value and indicates that MI-UN is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of MI-UN (0.44) is worse than 60.00% of its industry peers.
- 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.
- MI-UN's Debt to FCF ratio of 10.50 is fine compared to the rest of the industry. MI-UN outperforms 80.00% of its industry peers.
- MI-UN has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of MI-UN (1.13) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 10.5 | ||
| Altman-Z | 0.44 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- MI-UN has a Current Ratio of 0.05. 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.
- The Current ratio of MI-UN (0.05) is worse than 86.67% of its industry peers.
- MI-UN has a Quick Ratio of 0.05. 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.
- The Quick ratio of MI-UN (0.05) is worse than 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
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 -501.45%.
- Looking at the last year, MI-UN shows a decrease in Revenue. The Revenue has decreased by -1.67% in the last year.
- MI-UN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.33% yearly.
EPS 1Y (TTM)-501.45%
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
- The Revenue is expected to grow by 5.84% on average over the next years.
EPS Next Y670%
EPS Next 2Y181.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.67%
Revenue Next 2Y5.84%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The Revenue growth rate is accelerating: in the next years the growth will be better 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.
- With a Price/Forward Earnings ratio of 30.17, MI-UN can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MI-UN indicates a slightly more expensive valuation: MI-UN is more expensive than 66.67% of the companies listed in the same industry.
- MI-UN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 37.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 30.17 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MI-UN indicates a somewhat cheap valuation: MI-UN is cheaper than 73.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.76 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- MI-UN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- MI-UN's earnings are expected to grow with 181.07% in the coming years. This may justify a more expensive valuation.
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
- MI-UN has a Yearly Dividend Yield of 3.21%. Purely for dividend investing, there may be better candidates out there.
- MI-UN's Dividend Yield is slightly below the industry average, which is at 5.16.
- MI-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 | 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.
Dividend Growth(5Y)4.07%
Div Incr Years0
Div Non Decr Years0
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 (4/10/2026, 7:00:00 PM)
17.71
+0.04 (+0.23%)
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 Owners21.79%
Inst Owner ChangeN/A
Ins Owners2.49%
Ins Owner ChangeN/A
Market Cap648.72M
Revenue(TTM)154.46M
Net Income(TTM)-244.23M
Analysts73.75
Price Target17.72 (0.06%)
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 Years0
Div Non Decr Years0
Ex-Date03-31 2026-03-31 (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%
PT rev (3m)11.74%
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)0.95%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 30.17 | ||
| P/S | 4.2 | ||
| P/FCF | 6.76 | ||
| P/OCF | 6.76 | ||
| P/B | 0.8 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | N/A |
EPS(TTM)-6.68
EYN/A
EPS(NY)0.59
Fwd EY3.32%
FCF(TTM)2.62
FCFY14.79%
OCF(TTM)2.62
OCFY14.79%
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 | 4.34% | ||
| ROIC | 3.12% | ||
| ROICexc | 3.13% | ||
| ROICexgc | 3.13% | ||
| 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)2.87%
ROIC(5y)2.65%
ROICexc(3y)2.88%
ROICexc(5y)2.66%
ROICexgc(3y)2.88%
ROICexgc(5y)2.66%
ROCE(3y)3.99%
ROCE(5y)3.68%
ROICexgc growth 3Y9.91%
ROICexgc growth 5Y3.63%
ROICexc growth 3Y9.91%
ROICexc growth 5Y3.63%
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 | 1.13 | ||
| 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 | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | 0.44 |
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)-501.45%
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 Year5.67%
Revenue Next 2Y5.84%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-2.6%
EBIT growth 3Y3.72%
EBIT growth 5Y4.5%
EBIT Next Year6.43%
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 3 / 10 to MINTO APARTMENT REAL ESTATE (MI-UN.CA). This can be considered as Overvalued.
How profitable is MINTO APARTMENT REAL ESTATE (MI-UN.CA) stock?
MINTO APARTMENT REAL ESTATE (MI-UN.CA) has a profitability rating of 4 / 10.
Can you provide the financial health for MI-UN stock?
The financial health rating of MINTO APARTMENT REAL ESTATE (MI-UN.CA) is 1 / 10.
What is the expected EPS growth for MINTO APARTMENT REAL ESTATE (MI-UN.CA) stock?
The Earnings per Share (EPS) of MINTO APARTMENT REAL ESTATE (MI-UN.CA) is expected to grow by 670% in the next year.