Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 27,000 residential units and 1.2 million square feet of commercial space in over 60 markets across eight provinces and two territories.
6 star dividend payer and good value.
Share Price & News
How has Northview Apartment Real Estate Investment Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NPRU.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NPRU.F exceeded the US REITs industry which returned 11.6% over the past year.
Return vs Market: NPRU.F exceeded the US Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is Northview Apartment Real Estate Investment Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Northview Apartment 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: NPRU.F ($27.44) is trading below our estimate of fair value ($30.54)
Significantly Below Fair Value: NPRU.F is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NPRU.F is good value based on its PE Ratio (6x) compared to the REITs industry average (36.3x).
PE vs Market: NPRU.F is good value based on its PE Ratio (6x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NPRU.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NPRU.F is good value based on its PB Ratio (1.2x) compared to the US REITs industry average (1.9x).
How is Northview Apartment 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 NPRU.F's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if NPRU.F's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NPRU.F's revenue (3.1% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: NPRU.F's revenue (3.1% 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 NPRU.F's Return on Equity is forecast to be high in 3 years time
How has Northview Apartment Real Estate Investment Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NPRU.F has high quality earnings.
Growing Profit Margin: NPRU.F's current net profit margins (61.6%) are lower than last year (79.4%).
Past Earnings Growth Analysis
Earnings Trend: NPRU.F's earnings have grown significantly by 40.4% per year over the past 5 years.
Accelerating Growth: NPRU.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NPRU.F had negative earnings growth (-16.5%) over the past year, making it difficult to compare to the REITs industry average (5%).
Return on Equity
High ROE: NPRU.F's Return on Equity (11.5%) is considered low.
How is Northview Apartment Real Estate Investment Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: NPRU.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: NPRU.F's debt is not covered by short term assets (assets are 0x debt).
Financial Institutions Analysis
Asset Level: NPRU.F's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if NPRU.F has a sufficient allowance for bad loans.
Low Risk Liabilities: NPRU.F reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if NPRU.F has an acceptable proportion of non-loan assets held.
Low Risk Deposits: NPRU.F has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if NPRU.F has an appropriate level of bad loans.
What is Northview Apartment Real Estate Investment Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NPRU.F's dividend (4.47%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: NPRU.F's dividend (4.47%) is in the top 25% of dividend payers in the US market (3.96%)
Stability and Growth of Payments
Stable Dividend: NPRU.F's dividends per share have been stable in the past 10 years.
Growing Dividend: NPRU.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (73%), NPRU.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NPRU.F's dividends in 3 years are forecast to be thoroughly covered by earnings (1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Todd Cook (52yo)
Mr. Todd R. Cook, CPA, C.A. has been the Chief Executive Officer at Northview Apartment Real Estate Investment Trust since May 13, 2014 and has been its President since January 10, 2013. Mr. Cook served as ...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD1.28M) is below average for companies of similar size in the US market ($USD3.92M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||3.8yrs||CA$769.70k||0.014% CA$284.7k|
|Chief Operating Officer||4.3yrs||CA$1.25m||0.039% CA$809.6k|
|Senior Vice President of Investments||0.8yrs||CA$568.40k||0.027% CA$552.7k|
|VP of Legal & Corporate Secretary||1.1yrs||no data||no data|
|Vice President of Human Resources||1.1yrs||no data||no data|
|President of NewNorth||16.8yrs||CA$43.81k||no data|
|Nunavut Regional Manager||0yrs||no data||no data|
|Nunavut Regional Manager of Ninety North Construction & Development Ltd||0yrs||no data||no data|
|Corporate Financial Planning & Investor Relations Manager||0yrs||no data||no data|
Experienced Management: NPRU.F's management team is considered experienced (3.8 years average tenure).
|Independent Chairman of the Board||2.8yrs||CA$135.00k||no data|
|Independent Trustee||6yrs||CA$98.08k||0.0082% CA$168.8k|
|Lead Independent Trustee||0yrs||CA$102.33k||0.028% CA$589.3k|
|Independent Trustee||4.8yrs||CA$88.83k||no data|
|Independent Trustee||1.4yrs||CA$44.94k||no data|
|Independent Trustee||7.8yrs||CA$97.33k||0.0071% CA$147.5k|
Experienced Board: NPRU.F's board of directors are considered experienced (4.8 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 7.1%.
Northview Apartment Real Estate Investment Trust's company bio, employee growth, exchange listings and data sources
- Name: Northview Apartment Real Estate Investment Trust
- Ticker: NPRU.F
- Exchange: OTCPK
- Founded: 1995
- Industry: Residential REITs
- Sector: Real Estate
- Implied Market Cap: CA$2.765b
- Market Cap: CA$1.820b
- Listing Market Cap: CA$2.069b
- Shares outstanding: 75.81m
- Website: https://www.northviewreit.com
Number of Employees
- Northview Apartment Real Estate Investment Trust
- 200, 6131 – 6th Street SE
- T2H 1L9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NVU.UN||TSX (The Toronto Stock Exchange)||Yes||Trust Units||CA||CAD||Jun 2002|
|NPRU.F||OTCPK (Pink Sheets LLC)||Yes||Trust Units||US||USD||Jun 2002|
Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 27,000 residential units and 1.2 million square feet of commercial space in over 60 markets across eight provinces and two territories. Northview's well-diversified portfolio includes markets characterized by expanding populations and growing economies, which provides Northview the means to deliver stable and growing profitability and distributions to Unitholders of Northview over time. Northview currently trades on the TSX under the ticker symbol: NVU.UN.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 01:57|
|End of Day Share Price||2020/02/27 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.