TSXV:RRR.UN

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R&R Real Estate Investment Trust

Executive Summary

R&R Real Estate Investment Trust, an open-ended real estate investment trust, acquires and owns hotel properties located in the United States.


Snowflake Analysis

Undervalued with solid track record.

Share Price & News

How has R&R Real Estate Investment Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RRR.UN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

RRR.UN

-2.0%

CA REITs

0.8%

CA Market


1 Year Return

n/a

RRR.UN

-21.3%

CA REITs

-11.3%

CA Market

Return vs Industry: Insufficient data to determine how RRR.UN performed against the Canadian REITs industry.

Return vs Market: Insufficient data to determine how RRR.UN performed against the Canadian Market.


Shareholder returns

RRR.UNIndustryMarket
7 Day0%-2.0%0.8%
30 Day-37.5%-3.3%1.8%
90 Dayn/a0.6%9.5%
1 Yearn/a-17.1%-21.3%-8.2%-11.3%
3 Year-82.1%-82.1%4.3%-11.6%4.1%-5.8%
5 Year-82.1%-82.1%20.5%-9.3%21.6%3.2%

Price Volatility Vs. Market

How volatile is R&R Real Estate Investment Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is R&R Real Estate Investment Trust undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RRR.UN (CA$0.03) is trading below our estimate of fair value (CA$0.15)

Significantly Below Fair Value: RRR.UN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RRR.UN is good value based on its PE Ratio (0.1x) compared to the CA REITs industry average (6.4x).

PE vs Market: RRR.UN is good value based on its PE Ratio (0.1x) compared to the Canadian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RRR.UN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RRR.UN is good value based on its PB Ratio (0x) compared to the CA REITs industry average (0.7x).


Next Steps

Future Growth

How is R&R Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.8%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as R&R Real Estate Investment Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has R&R Real Estate Investment Trust performed over the past 5 years?

10.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RRR.UN has high quality earnings.

Growing Profit Margin: RRR.UN's current net profit margins (25.6%) are higher than last year (15%).


Past Earnings Growth Analysis

Earnings Trend: RRR.UN has become profitable over the past 5 years, growing earnings by 10.7% per year.

Accelerating Growth: RRR.UN's earnings growth over the past year (160.1%) exceeds its 5-year average (10.7% per year).

Earnings vs Industry: RRR.UN earnings growth over the past year (160.1%) exceeded the REITs industry 24.2%.


Return on Equity

High ROE: Whilst RRR.UN's Return on Equity (24.04%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is R&R Real Estate Investment Trust's financial position?


Financial Position Analysis

Short Term Liabilities: RRR.UN's short term assets ($10.9M) do not cover its short term liabilities ($17.3M).

Long Term Liabilities: RRR.UN's short term assets ($10.9M) do not cover its long term liabilities ($82.6M).


Debt to Equity History and Analysis

Debt Level: RRR.UN's debt to equity ratio (297.2%) is considered high.

Reducing Debt: RRR.UN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: RRR.UN's debt is not well covered by operating cash flow (7.1%).

Interest Coverage: RRR.UN's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


Next Steps

Dividend

What is R&R Real Estate Investment Trust current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RRR.UN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RRR.UN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RRR.UN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RRR.UN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RRR.UN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

US$150k

CEO Compensation


CEO

Michael Klingher (64yo)

no data

Tenure

US$150,000

Compensation

Mr. Michael Klingher serves as the Chief Executive Officer and President of R&R Real Estate Investment Trust (Former Name: Westcap Investments Corp). Mr. Klingher has been a Senior Managing Director of Wes ...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD110.62K) is below average for companies of similar size in the Canadian market ($USD175.28K).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30%.


Top Shareholders

Company Information

R&R Real Estate Investment Trust's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: R&R Real Estate Investment Trust
  • Ticker: RRR.UN
  • Exchange: TSXV
  • Founded:
  • Industry: Hotel and Resort REITs
  • Sector: Real Estate
  • Implied Market Cap: CA$6.756m
  • Market Cap: CA$852.260k
  • Shares outstanding: 279.16m
  • Website: https://null

Location

  • R&R Real Estate Investment Trust
  • 5090 Explorer Drive
  • Suite 700
  • Mississauga
  • Ontario
  • L4W 4T9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RRR.UNTSXV (TSX Venture Exchange)YesUnitsCACADFeb 2014

Biography

R&R Real Estate Investment Trust, an open-ended real estate investment trust, acquires and owns hotel properties located in the United States. Its hotel properties include the Red Roof Inn hotel located at Anne Arundel County, Maryland. The company is based in Mississauga, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/14 00:17
End of Day Share Price2020/06/22 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.