Riocan Real Estate Investment Trust REI.UN

Morningstar Rating
CAD 20.24 −0.19 (0.93%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

REI.UN is trading at a 144% premium.
Price
CAD 20.43
Fair Value
CAD 77.26
Uncertainty
High
1-Star Price
CAD 81.36
5-Star Price
CAD 33.42
Economic Moat
Qhvg
Capital Allocation

News

Trading Information

Previous Close Price
CAD 20.43
Day Range
CAD 20.2120.50
52-Week Range
CAD 16.2620.83
Bid/Ask
CAD 20.22 / CAD 20.36
Market Cap
CAD 6.08 Bil
Volume/Avg
383,564 / 960,689

Key Statistics

Price/Earnings (Normalized)
11.83
Price/Sales
5.27
Dividend Yield (Trailing)
5.38%
Dividend Yield (Forward)
5.43%
Total Yield
5.57%

Company Profile

Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with majority of its properties located in Ontario, Canada. Riocan's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates.
Sector
Real Estate
Industry
REIT - Retail
Stock Style Box
Mid Value
Total Number of Employees
568

Comparables

Valuation

Metric
REI.UN
CRR.UN
PLZ.UN
Price/Earnings (Normalized)
11.8339.5910.58
Price/Book Value
0.821.600.78
Price/Sales
5.276.213.63
Price/Cash Flow
13.6116.1710.40
Price/Earnings
REI.UN
CRR.UN
PLZ.UN

Financial Strength

Metric
REI.UN
CRR.UN
PLZ.UN
Quick Ratio
0.120.050.11
Current Ratio
0.340.140.22
Interest Coverage
1.112.221.44
Quick Ratio
REI.UN
CRR.UN
PLZ.UN

Profitability

Metric
REI.UN
CRR.UN
PLZ.UN
Return on Assets (Normalized)
0.49%2.68%1.12%
Return on Equity (Normalized)
0.97%6.06%2.57%
Return on Invested Capital (Normalized)
1.70%4.99%3.29%
Return on Assets
REI.UN
CRR.UN
PLZ.UN

REIT - Retail Industry Comparables

1-Day Chart
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Morningstar Rating for Stocks
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Economic Moat
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