Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. More Details
Average dividend payer and fair value.
Share Price & News
How has Automotive Properties Real Estate Investment Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APR.UN is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: APR.UN's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: APR.UN exceeded the Canadian REITs industry which returned 17.4% over the past year.
Return vs Market: APR.UN exceeded the Canadian Market which returned 39.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Automotive Properties Real Estate Investment Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould We Be Cautious About Automotive Properties Real Estate Investment Trust's (TSE:APR.UN) ROE Of 6.9%?
1 month ago | Simply Wall StAutomotive Properties Real Estate Investment Trust (TSE:APR.UN) Has Compensated Shareholders With A Respectable 75% Return On Their Investment
2 months ago | Simply Wall StHave Insiders Been Buying Automotive Properties Real Estate Investment Trust (TSE:APR.UN) Shares This Year?
Is Automotive Properties Real Estate Investment Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APR.UN (CA$11.85) is trading below our estimate of fair value (CA$24.7)
Significantly Below Fair Value: APR.UN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APR.UN is poor value based on its PE Ratio (16.6x) compared to the CA REITs industry average (11x).
PE vs Market: APR.UN is good value based on its PE Ratio (16.6x) compared to the Canadian market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate APR.UN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: APR.UN is overvalued based on its PB Ratio (1.1x) compared to the CA REITs industry average (0.9x).
How is Automotive Properties Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if APR.UN's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if APR.UN's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APR.UN's revenue (7.5% per year) is forecast to grow faster than the Canadian market (7.2% per year).
High Growth Revenue: APR.UN's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if APR.UN's Return on Equity is forecast to be high in 3 years time
How has Automotive Properties Real Estate Investment Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APR.UN has high quality earnings.
Growing Profit Margin: APR.UN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: APR.UN's earnings have declined by 10.1% per year over the past 5 years.
Accelerating Growth: APR.UN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: APR.UN has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (-17.1%).
Return on Equity
High ROE: APR.UN's Return on Equity (6.9%) is considered low.
How is Automotive Properties Real Estate Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: APR.UN's short term assets (CA$3.9M) do not cover its short term liabilities (CA$36.1M).
Long Term Liabilities: APR.UN's short term assets (CA$3.9M) do not cover its long term liabilities (CA$509.0M).
Debt to Equity History and Analysis
Debt Level: APR.UN's debt to equity ratio (134.3%) is considered high.
Reducing Debt: APR.UN's debt to equity ratio has reduced from 346.7% to 134.3% over the past 5 years.
Debt Coverage: APR.UN's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: APR.UN's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is Automotive Properties Real Estate Investment Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APR.UN's dividend (6.78%) is higher than the bottom 25% of dividend payers in the Canadian market (1.49%).
High Dividend: APR.UN's dividend (6.78%) is in the top 25% of dividend payers in the Canadian market (4.81%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, APR.UN has been paying a dividend for less than 10 years.
Growing Dividend: APR.UN has only been paying a dividend for 6 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (87.5%), APR.UN's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: APR.UN's dividends in 3 years are forecast to be covered by earnings (80.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Milton Lamb (51 yo)
Mr. Milton Donald Lamb has been Chief Executive Officer and President of Automotive Properties Real Estate Investment Trust since July 22, 2015 and has been its Director since June 25, 2020. Mr. Lamb has e...
CEO Compensation Analysis
Compensation vs Market: Milton's total compensation ($USD1.82M) is above average for companies of similar size in the Canadian market ($USD742.05K).
Compensation vs Earnings: Milton's compensation has been consistent with company performance over the past year.
Experienced Board: APR.UN's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
Automotive Properties Real Estate Investment Trust's company bio, employee growth, exchange listings and data sources
- Name: Automotive Properties Real Estate Investment Trust
- Ticker: APR.UN
- Exchange: TSX
- Founded: 2015
- Industry: Specialized REITs
- Sector: Real Estate
- Implied Market Cap: CA$580.643m
- Market Cap: CA$462.934m
- Shares outstanding: 49.00m
- Website: https://www.automotivepropertiesreit.ca
- Automotive Properties Real Estate Investment Trust
- 133 King Street East
- Suite 300
- M5C 1G6
Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The R...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/10 23:32|
|End of Day Share Price||2021/04/09 00:00|
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.