E

European Residential REIT
TSX:ERE.UN

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European Residential REIT
TSX:ERE.UN
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Price: 3.82 CAD -0.52% Market Closed
Market Cap: 352.4m CAD
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Relative Value

The Relative Value of one ERE.UN stock under the Base Case scenario is 11.64 CAD. Compared to the current market price of 3.82 CAD, European Residential REIT is Undervalued by 67%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ERE.UN Relative Value
Base Case
11.64 CAD
Undervaluation 67%
Relative Value
Price
E
Worst Case
Base Case
Best Case

Valuation Multiples

2.4
P/S
P/S
Price to Sales
2.4
vs History
22
vs Industry
64
Median 3Y
2.1
Median 5Y
1.5
Industry
3.6
Forward
2.4
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
37
Median 3Y
1.2
Median 5Y
-2.2
Industry
16.7
Forward
9
More Details
4
P/OCF
P/OCF
Price to OCF
4
vs History
19
vs Industry
61
Median 3Y
3.2
Median 5Y
2.6
Industry
10.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
50
Median 3Y
1
Median 5Y
-1.5
Industry
13.2
More Details
0.6
P/B
P/B
Price to Book Value
0.6
vs History
23
vs Industry
73
Median 3Y
0.4
Median 5Y
0.4
Industry
0.8
More Details
9.3
EV/S
EV/S
Enterprise Value to Sales
9.3
vs History
52
vs Industry
33
Median 3Y
11.9
Median 5Y
9.5
Industry
6.6
Forward
9.3
More Details
11.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
11.4
vs History
52
vs Industry
45
Median 3Y
14.9
Median 5Y
11.6
Industry
11.9
More Details
13.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
13.2
vs History
52
vs Industry
45
Median 3Y
17.8
Median 5Y
13.4
Industry
15.8
Forward
13.4
More Details
13.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
13.2
vs History
52
vs Industry
48
Median 3Y
17.8
Median 5Y
13.4
Industry
19.1
More Details
15.5
EV/OCF
EV/OCF
Enterprise Value to OCF
15.5
vs History
52
vs Industry
40
Median 3Y
19.4
Median 5Y
15.8
Industry
18.5
More Details
15.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
15.5
vs History
52
vs Industry
36
Median 3Y
19.4
Median 5Y
15.8
Industry
20.2
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
63
vs Industry
60
Median 3Y
0.6
Median 5Y
0.6
Industry
0.7
More Details

Multiples Across Competitors

ERE.UN Competitors Multiples
European Residential REIT Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
European Residential REIT
TSX:ERE.UN
352.4m CAD 2.4 -4.9 13.2 13.2
US
Avalonbay Communities Inc
NYSE:AVB
31.5B USD 10.9 30.3 22.4 42.9
US
Equity Residential
NYSE:EQR
27.2B USD 9.2 29.4 19.6 39.6
US
Invitation Homes Inc
NYSE:INVH
19.7B USD 7.6 44.7 19.3 37.8
US
American Campus Communities Inc
F:FGA
17.8B EUR 18.9 327.1 47 115.6
US
Essex Property Trust Inc
NYSE:ESS
18.3B USD 10.5 33.3 22.5 46.4
US
Mid-America Apartment Communities Inc
NYSE:MAA
18B USD 8.2 34.7 18.3 34
US
Sun Communities Inc
NYSE:SUI
15.8B USD 4.9 -128.4 44.2 44.2
US
UDR Inc
NYSE:UDR
14.3B USD 8.6 116.7 20.7 72.4
US
American Homes 4 Rent
NYSE:AMH
13.6B USD 6.4 29.6 18.5 35.8
US
Camden Property Trust
NYSE:CPT
12.5B USD 8.1 36.4 18 52.5

See Also

Summary
ERE.UN intrinsic value, competitors valuation, and company profile.
DCF Valuation
ERE.UN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ERE.UN stock valuation using valuation multiples.
Wall Street Estimates
ERE.UN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ERE.UN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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