Boardwalk Real Estate Investment Trust

TSX:BEI.UN Stock Report

Market Cap: CA$3.4b

Boardwalk Real Estate Investment Trust Past Earnings Performance

Past criteria checks 3/6

Boardwalk Real Estate Investment Trust has been growing earnings at an average annual rate of 47.2%, while the Residential REITs industry saw earnings declining at 8.1% annually. Revenues have been growing at an average rate of 5% per year. Boardwalk Real Estate Investment Trust's return on equity is 14.5%, and it has net margins of 118.3%.

Key information

47.2%

Earnings growth rate

46.9%

EPS growth rate

Residential REITs Industry Growth2.5%
Revenue growth rate5.0%
Return on equity14.5%
Net Margin118.3%
Next Earnings Update20 Feb 2025

Recent past performance updates

Recent updates

If EPS Growth Is Important To You, Boardwalk Real Estate Investment Trust (TSE:BEI.UN) Presents An Opportunity

Dec 20
If EPS Growth Is Important To You, Boardwalk Real Estate Investment Trust (TSE:BEI.UN) Presents An Opportunity

Revenue & Expenses Breakdown

How Boardwalk Real Estate Investment Trust makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:BEI.UN Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24588695550
30 Jun 24573679500
31 Mar 24559752510
31 Dec 23545666490
30 Sep 23533507470
30 Jun 23520515440
31 Mar 23508435390
31 Dec 22496283360
30 Sep 22485400360
30 Jun 22478589360
31 Mar 22473487380
31 Dec 21471446380
30 Sep 21468127380
30 Jun 21466-140350
31 Mar 21465-226380
31 Dec 20466-197370
30 Sep 20464-117390
30 Jun 20463-6420
31 Mar 20459100400
31 Dec 1945535420
30 Sep 19450178400
30 Jun 19444131390
31 Mar 19439116390
31 Dec 18435193390
30 Sep 1843191400
30 Jun 18427103360
31 Mar 18424109350
31 Dec 1742357330
30 Sep 1742340310
30 Jun 17426-40310
31 Mar 17431-96330
31 Dec 16439-57340
30 Sep 16448142340
30 Jun 16459-14350
31 Mar 1646914340
31 Dec 1547629320
30 Sep 15480-100340
30 Jun 15480147340
31 Mar 15477198340
31 Dec 14473236340
30 Sep 14469220340
30 Jun 14464321340
31 Mar 14459342330

Quality Earnings: BEI.UN has a large one-off gain of CA$498.1M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: BEI.UN's current net profit margins are higher than last year (95.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BEI.UN's earnings have grown significantly by 47.2% per year over the past 5 years.

Accelerating Growth: BEI.UN's earnings growth over the past year (37.1%) is below its 5-year average (47.2% per year).

Earnings vs Industry: BEI.UN earnings growth over the past year (37.1%) exceeded the Residential REITs industry 16.7%.

Return on Equity

High ROE: BEI.UN's Return on Equity (14.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 23:00
End of Day Share Price 2025/01/31 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

Boardwalk Real Estate Investment Trust is covered by 23 analysts. 5 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
Karine MacIndoeBMO Capital Markets Equity Research
Christopher KoutsikaloudisCanaccord Genuity