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Canadian Apartment Properties Real Estate Investment Trust OTCPK:CDPY.F Stock Report

Last Price

US$27.83

Market Cap

US$4.5b

7D

-0.3%

1Y

-20.5%

Updated

31 Jan, 2025

Data

Company Financials +

Canadian Apartment Properties Real Estate Investment Trust

OTCPK:CDPY.F Stock Report

Market Cap: US$4.5b

CDPY.F Stock Overview

CAPREIT is Canada's largest publicly traded provider of quality rental housing. More details

CDPY.F fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health2/6
Dividends5/6

Rewards

Trading at 10.5% below our estimate of its fair value

Earnings are forecast to grow 7.04% per year

Became profitable this year

Pays a reliable dividend of 3.7%

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 33.2%

Risk Analysis

Debt is not well covered by operating cash flow


My Notes

Capture your thoughts, links and company narrative

Canadian Apartment Properties Real Estate Investment Trust Competitors

Camden Property Trust

NYSE:CPT

US$12.3b

UDR

NYSE:UDR

US$15.4b

Mid-America Apartment Communities

NYSE:MAA

US$18.2b

Essex Property Trust

NYSE:ESS

US$18.7b

Price History & Performance

Summary of share price highs, lows and changes for Canadian Apartment Properties Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$27.83
52 Week HighCA$41.55
52 Week LowCA$27.56
Beta1.21
1 Month Change-6.04%
3 Month Change-14.66%
1 Year Change-20.51%
3 Year Change-36.45%
5 Year Change-36.49%
Change since IPO39.75%

Recent News & Updates

Recent updates

Shareholder Returns

CDPY.FUS Residential REITsUS Market
7D-0.3%1.7%-0.5%
1Y-20.5%9.5%24.3%

Return vs Industry: CDPY.F underperformed the US Residential REITs industry which returned 9.5% over the past year.

Return vs Market: CDPY.F underperformed the US Market which returned 24.3% over the past year.

Price Volatility

Is CDPY.F's price volatile compared to industry and market?
CDPY.F volatility
CDPY.F Average Weekly Movement3.0%
Residential REITs Industry Average Movement3.4%
Market Average Movement6.5%
10% most volatile stocks in US Market18.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: CDPY.F has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CDPY.F's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aMark Kenneywww.capreit.ca

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at September 30, 2024, CAPREIT owns approximately 63,400 residential apartment suites, townhomes and manufactured home community sites, including approximately 15,400 suites and sites classified as assets held for sale, that are well-located across Canada and the Netherlands, with a total fair value of approximately $16.9 billion, including approximately $1.9 billion of assets held for sale.

Canadian Apartment Properties Real Estate Investment Trust Fundamentals Summary

How do Canadian Apartment Properties Real Estate Investment Trust's earnings and revenue compare to its market cap?
CDPY.F fundamental statistics
Market capUS$4.51b
Earnings (TTM)US$241.30m
Revenue (TTM)US$762.60m

18.7x

P/E Ratio

5.9x

P/S Ratio

Is CDPY.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDPY.F income statement (TTM)
RevenueCA$1.11b
Cost of RevenueCA$379.15m
Gross ProfitCA$729.42m
Other ExpensesCA$378.66m
EarningsCA$350.77m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)2.16
Gross Margin65.80%
Net Profit Margin31.64%
Debt/Equity Ratio74.6%

How did CDPY.F perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

56%

Payout Ratio

Does CDPY.F pay a reliable dividends?

See CDPY.F dividend history and benchmarks
When do you need to buy CDPY.F by to receive an upcoming dividend?
Canadian Apartment Properties Real Estate Investment Trust dividend dates
Ex Dividend DateJan 31 2025
Dividend Pay DateFeb 18 2025
Days until Ex dividend1 day
Days until Dividend pay date17 days

Does CDPY.F pay a reliable dividends?

See CDPY.F dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 01:11
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

Canadian Apartment Properties Real Estate Investment Trust is covered by 28 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karine MacIndoeBMO Capital Markets Equity Research
Michael MarkidisBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity