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Canadian (TSX) Residential REITs Industry Analysis

UpdatedMay 26, 2022
DataAggregated Company Financials
Companies12
  • 7D0.3%
  • 3M-9.1%
  • 1Y-2.3%
  • YTD-13.7%

The Residential REITs is pretty flat in the last 7 days, but Boardwalk Real Estate Investment Trust has stood out, gaining 4.0%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to decline by 17% per year.

Industry Valuation and Performance

Has the Canadian Residential REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022CA$20.4bCA$2.7bCA$3.6b4.6x
Mon, 25 Apr 2022CA$21.8bCA$2.6bCA$3.4b6.4x
Wed, 23 Mar 2022CA$23.3bCA$2.6bCA$3.4b6.7x
Fri, 18 Feb 2022CA$22.4bCA$2.5bCA$2.7b7.8x
Sun, 16 Jan 2022CA$22.6bCA$2.5bCA$2.6b8x
Tue, 14 Dec 2021CA$22.3bCA$2.5bCA$2.6b8.2x
Thu, 11 Nov 2021CA$23.8bCA$2.5bCA$2.3b8.2x
Sat, 09 Oct 2021CA$22.3bCA$2.4bCA$2.1b9.3x
Mon, 06 Sep 2021CA$20.7bCA$2.4bCA$2.1b8.8x
Wed, 04 Aug 2021CA$20.3bCA$2.4bCA$2.1b8.5x
Sat, 08 May 2021CA$17.6bCA$2.4bCA$1.3b10.5x
Tue, 09 Feb 2021CA$16.4bCA$2.4bCA$1.7b7.1x
Mon, 02 Nov 2020CA$13.8bCA$2.4bCA$2.1b4.4x
Thu, 06 Aug 2020CA$15.5bCA$2.3bCA$2.0b5.6x
Sun, 10 May 2020CA$14.9bCA$2.3bCA$2.4b5.9x
Sat, 01 Feb 2020CA$18.4bCA$2.2bCA$1.9b8x
Tue, 05 Nov 2019CA$16.7bCA$2.2bCA$2.3b8.3x
Fri, 09 Aug 2019CA$14.8bCA$2.0bCA$2.1b8x
Median PE Ratio

7.3x


Total Market Cap: CA$14.2bTotal Earnings: CA$2.0bTotal Revenue: CA$1.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Residential REITs Industry Median PE3Y Average 7.5x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 7.5x.
  • Future earnings are expected to decline by 17% which could cause market valuations to fall.
Past Earnings Growth
  • The earnings for companies in the Residential REITs industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Residential REITs compare with similar industries?

CA Market1.68%
Real Estate-0.49%
REITS-0.076%
Residential REITs0.29%
Healthcare REITs0.70%
Specialized REITs0.22%
Diversified REITs0.17%
Industrial REITs0.10%
Retail REITs-0.30%
Office REITs-0.85%
Hotel and Resort REITs-1.84%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BEI.UN Boardwalk Real Estate Investment TrustCA$51.114.0%
+CA$89.7m
31.0%PB0.7x
CAR.UN Canadian Apartment Properties Real Estate Investment TrustCA$48.870.5%
+CA$43.9m
-11.6%PB0.8x
IIP.UN InterRent Real Estate Investment TrustCA$13.580.7%
+CA$12.7m
-12.2%PB0.8x
KMP.UN Killam Apartment REITCA$19.040.5%
+CA$11.6m
0.5%PB1x
MI.UN Minto Apartment Real Estate Investment TrustCA$18.600.8%
+CA$6.0m
-13.6%PB0.7x
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