Canadian Apartment Properties Real Estate Investment Trust Valuation
Is CARUN N undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of CARUN N when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CARUN N (MX$544.44) is trading above our estimate of fair value (MX$442.59)
Significantly Below Fair Value: CARUN N is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CARUN N?
Other financial metrics that can be useful for relative valuation.
| What is CARUN N's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | CA$7.23b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 13.4x |
| Enterprise Value/EBITDA | 22.4x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does CARUN N's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 12.5x | ||
FIBRAPL 14 FIBRA Prologis | 16.6x | 11.8% | Mex$94.7b |
FUNO 11 Fibra UNO | 3.7x | 5.4% | Mex$97.9b |
FSITES 20 Fideicomiso Opsimex | 13.5x | n/a | Mex$88.1b |
EDUCA 18 Fideicomiso Irrevocable No. F/3277 en Banco Invex S. A. Institución de Banca Múltiple INVEX Grupo | 16.2x | 3.5% | Mex$66.3b |
CARUN N Canadian Apartment Properties Real Estate Investment Trust | 6.8x | 4.0% | Mex$7.2b |
Price-To-Sales vs Peers: CARUN N is good value based on its Price-To-Sales Ratio (6.8x) compared to the peer average (12.2x).
Price to Earnings Ratio vs Industry
How does CARUN N's PE Ratio compare vs other companies in the Global Residential REITs Industry?
Price-To-Sales vs Industry: CARUN N is expensive based on its Price-To-Sales Ratio (6.8x) compared to the Global Residential REITs industry average (6.8x).
Price to Sales Ratio vs Fair Ratio
What is CARUN N's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 6.8x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate CARUN N's Price-To-Sales Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | n/a | Mex$707.48 0% | 3.7% | Mex$747.73 | Mex$666.72 | n/a | 12 |
| Apr ’25 | n/a | Mex$706.13 0% | 4.7% | Mex$773.84 | Mex$657.15 | n/a | 13 |
| Mar ’25 | n/a | Mex$722.79 0% | 4.5% | Mex$790.78 | Mex$671.54 | n/a | 13 |
| Feb ’25 | n/a | Mex$714.54 0% | 5.1% | Mex$783.40 | Mex$642.13 | n/a | 15 |
| Jan ’25 | Mex$626.68 | Mex$709.60 +13.2% | 5.4% | Mex$782.66 | Mex$641.53 | n/a | 15 |
| Dec ’24 | n/a | Mex$680.38 0% | 6.5% | Mex$751.73 | Mex$582.59 | n/a | 15 |
| Nov ’24 | n/a | Mex$743.39 0% | 4.6% | Mex$810.20 | Mex$670.74 | n/a | 14 |
| Oct ’24 | n/a | Mex$733.12 0% | 4.7% | Mex$798.67 | Mex$650.53 | n/a | 16 |
| Sep ’24 | n/a | Mex$718.63 0% | 4.8% | Mex$784.18 | Mex$638.73 | n/a | 16 |
| Aug ’24 | n/a | Mex$719.57 0% | 5.4% | Mex$786.72 | Mex$624.93 | n/a | 16 |
| Jul ’24 | n/a | Mex$731.85 0% | 5.7% | Mex$813.80 | Mex$636.18 | n/a | 16 |
| Jun ’24 | n/a | Mex$734.98 0% | 5.9% | Mex$815.69 | Mex$637.66 | n/a | 15 |
| May ’24 | n/a | Mex$755.66 0% | 5.6% | Mex$821.90 | Mex$660.22 | n/a | 15 |
| Apr ’24 | n/a | Mex$738.21 0% | 5.4% | Mex$805.80 | Mex$647.28 | n/a | 15 |
| Mar ’24 | Mex$802.25 | Mex$756.21 -5.7% | 5.4% | Mex$825.39 | Mex$663.02 | n/a | 15 |
| Feb ’24 | Mex$802.25 | Mex$758.70 -5.4% | 6.4% | Mex$813.08 | Mex$630.84 | n/a | 15 |
| Jan ’24 | Mex$802.25 | Mex$773.76 -3.6% | 6.6% | Mex$838.52 | Mex$650.57 | Mex$626.68 | 15 |
| Dec ’23 | Mex$802.25 | Mex$761.47 -5.1% | 6.3% | Mex$821.11 | Mex$637.06 | n/a | 15 |
| Nov ’23 | Mex$802.25 | Mex$831.84 +3.7% | 6.1% | Mex$911.76 | Mex$749.99 | n/a | 14 |
| Oct ’23 | Mex$802.25 | Mex$857.65 +6.9% | 7.5% | Mex$1,016.31 | Mex$765.92 | n/a | 15 |
| Sep ’23 | Mex$802.25 | Mex$899.25 +12.1% | 7.5% | Mex$1,065.61 | Mex$803.07 | n/a | 15 |
| Aug ’23 | Mex$802.25 | Mex$960.39 +19.7% | 7.9% | Mex$1,095.92 | Mex$794.15 | n/a | 15 |
| Jul ’23 | Mex$802.25 | Mex$968.02 +20.7% | 5.7% | Mex$1,067.84 | Mex$851.17 | n/a | 15 |
| Jun ’23 | Mex$802.25 | Mex$981.30 +22.3% | 4.5% | Mex$1,067.69 | Mex$928.43 | n/a | 15 |
| May ’23 | n/a | Mex$1,055.60 0% | 4.2% | Mex$1,112.03 | Mex$988.91 | n/a | 15 |
| Apr ’23 | n/a | Mex$1,067.93 0% | 3.8% | Mex$1,122.56 | Mex$994.70 | n/a | 14 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.