Artis Real Estate Investment Trust AX.UN
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.
News
Trading Information
- Previous Close Price
- CAD 7.98
- Day Range
- CAD 7.95–8.03
- 52-Week Range
- CAD 5.51–8.05
- Bid/Ask
- CAD 7.91 / CAD 8.08
- Market Cap
- CAD 831.17 Mil
- Volume/Avg
- 143,221 / 164,902
Key Statistics
- Price/Earnings (Normalized)
- 11.33
- Price/Sales
- 2.64
- Dividend Yield (Trailing)
- 7.50%
- Dividend Yield (Forward)
- 7.50%
- Total Yield
- 11.46%
Company Profile
Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and selects markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.
- Sector
- Real Estate
- Industry
- REIT - Diversified
- Stock Style Box
- Small Value
- Total Number of Employees
- 169
- Website
- https://www.artisreit.com
Comparables
Valuation
|
Metric
|
AX.UN
|
NRR.UN
|
DIR.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.33 | 3.82 | 16.10 |
Price/Book Value | 0.56 | 0.81 | 0.86 |
Price/Sales | 2.64 | 2.50 | 8.74 |
Price/Cash Flow | 11.65 | 11.82 | 17.12 |
Price/Earnings
AX.UN
NRR.UN
DIR.UN
Financial Strength
|
Metric
|
AX.UN
|
NRR.UN
|
DIR.UN
|
|---|---|---|---|
Quick Ratio | 0.04 | 0.04 | 0.34 |
Current Ratio | 0.78 | 0.10 | 0.37 |
Interest Coverage | −1.18 | 2.91 | 3.42 |
Quick Ratio
AX.UN
NRR.UN
DIR.UN
Profitability
|
Metric
|
AX.UN
|
NRR.UN
|
DIR.UN
|
|---|---|---|---|
Return on Assets (Normalized) | −5.64% | 6.61% | 2.28% |
Return on Equity (Normalized) | −13.26% | 22.29% | 3.92% |
Return on Invested Capital (Normalized) | −3.65% | 10.42% | 3.29% |
Return on Assets
AX.UN
NRR.UN
DIR.UN
REIT - Diversified Industry Comparables
|
1-Day Chart
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United States