Boardwalk Real Estate Investment Trust BEI.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 82.54
- Day Range
- CAD 80.48–82.83
- 52-Week Range
- CAD 63.19–91.81
- Bid/Ask
- CAD 80.43 / CAD 82.00
- Market Cap
- CAD 4.36 Bil
- Volume/Avg
- 187,298 / 131,389
Key Statistics
- Price/Earnings (Normalized)
- 20.47
- Price/Sales
- 7.03
- Dividend Yield (Trailing)
- 1.64%
- Dividend Yield (Forward)
- 1.78%
- Total Yield
- 1.64%
Company Profile
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 1,558
- Website
- https://www.bwalk.com
Comparables
Valuation
Metric
|
BEI.UN
|
NRR.UN
|
AX.UN
|
---|---|---|---|
Price/Earnings (Normalized) | 20.47 | 3.82 | 11.33 |
Price/Book Value | 0.92 | 0.81 | 0.56 |
Price/Sales | 7.03 | 2.50 | 2.64 |
Price/Cash Flow | 18.84 | 11.82 | 11.65 |
Price/Earnings
BEI.UN
NRR.UN
AX.UN
Financial Strength
Metric
|
BEI.UN
|
NRR.UN
|
AX.UN
|
---|---|---|---|
Quick Ratio | 0.19 | 0.04 | 0.04 |
Current Ratio | 0.23 | 0.10 | 0.78 |
Interest Coverage | 7.44 | 2.91 | −1.18 |
Quick Ratio
BEI.UN
NRR.UN
AX.UN
Profitability
Metric
|
BEI.UN
|
NRR.UN
|
AX.UN
|
---|---|---|---|
Return on Assets (Normalized) | 13.17% | 6.61% | −5.64% |
Return on Equity (Normalized) | 24.73% | 22.29% | −13.26% |
Return on Invested Capital (Normalized) | 14.86% | 10.42% | −3.65% |
Return on Assets
BEI.UN
NRR.UN
AX.UN
REIT - Residential Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
AvalonBay Communities Inc
AVB
| Ffnmjgcs | Mrft | $31.4 Bil | |||
Equity Residential
EQR
| Lgtlkjrf | Tqzkx | $27.9 Bil | |||
Invitation Homes Inc
INVH
| Xtpgxzf | Clmj | $21.2 Bil | |||
Essex Property Trust Inc
ESS
| Txfjfrz | Gzyjb | $18.6 Bil | |||
Mid-America Apartment Communities Inc
MAA
| — | Rbrdk | $18.1 Bil | |||
Sun Communities Inc
SUI
| Tcfhbyd | Cytj | $16.2 Bil | |||
UDR Inc
UDR
| — | Xfj | $14.7 Bil | |||
American Homes 4 Rent Class A
AMH
| — | Ktw | $14.1 Bil | |||
Equity Lifestyle Properties Inc
ELS
| Bctgmxh | Zjkv | $12.9 Bil | |||
Camden Property Trust
CPT
| — | Vdzl | $12.9 Bil |