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Automotive Properties Real Estate Investment Trust TSX:APR.UN Stock Report

Last Price

CA$10.74

Market Cap

CA$532.1m

7D

-3.0%

1Y

0.8%

Updated

19 Dec, 2024

Data

Company Financials +

Automotive Properties Real Estate Investment Trust

TSX:APR.UN Stock Report

Market Cap: CA$532.1m

APR.UN Stock Overview

Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. More details

APR.UN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends4/6

Rewards

Trading at 55.2% below our estimate of its fair value

Analysts in good agreement that stock price will rise by 21.6%

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Profit margins (47.7%) are lower than last year (88.5%)


My Notes

Capture your thoughts, links and company narrative

Automotive Properties Real Estate Investment Trust Competitors

Flagship Communities Real Estate Investment Trust

TSX:MHC.UN

CA$555.8m

Plaza Retail REIT

TSX:PLZ.UN

CA$397.1m

Slate Grocery REIT

TSX:SGR.UN

CA$832.1m

BTB Real Estate Investment Trust

TSX:BTB.UN

CA$297.5m

Price History & Performance

Summary of share price highs, lows and changes for Automotive Properties Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$10.74
52 Week HighCA$12.78
52 Week LowCA$9.69
Beta0.87
1 Month Change-7.81%
3 Month Change-12.54%
1 Year Change0.75%
3 Year Change-21.89%
5 Year Change-12.61%
Change since IPO7.40%

Recent News & Updates

Recent updates

Shareholder Returns

APR.UNCA Specialized REITsCA Market
7D-3.0%-6.6%-4.1%
1Y0.8%-0.3%16.7%

Return vs Industry: APR.UN exceeded the Canadian Specialized REITs industry which returned -0.3% over the past year.

Return vs Market: APR.UN underperformed the Canadian Market which returned 16.7% over the past year.

Price Volatility

Is APR.UN's price volatile compared to industry and market?
APR.UN volatility
APR.UN Average Weekly Movement2.3%
Specialized REITs Industry Average Movement3.2%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market2.9%

Stable Share Price: APR.UN has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: APR.UN's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/aMilton Lambwww.automotivepropertiesreit.ca

Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec. Automotive Properties REIT is the only public vehicle in Canada focused on consolidating automotive dealership real estate properties.

Automotive Properties Real Estate Investment Trust Fundamentals Summary

How do Automotive Properties Real Estate Investment Trust's earnings and revenue compare to its market cap?
APR.UN fundamental statistics
Market capCA$532.14m
Earnings (TTM)CA$44.76m
Revenue (TTM)CA$93.75m

11.8x

P/E Ratio

5.6x

P/S Ratio

Is APR.UN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APR.UN income statement (TTM)
RevenueCA$93.75m
Cost of RevenueCA$14.45m
Gross ProfitCA$79.31m
Other ExpensesCA$34.55m
EarningsCA$44.76m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.91
Gross Margin84.59%
Net Profit Margin47.74%
Debt/Equity Ratio78.7%

How did APR.UN perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

82%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:52
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Automotive Properties Real Estate Investment Trust is covered by 22 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael MarkidisBMO Capital Markets Equity Research
J. ChenBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity