E

European Residential REIT
TSX:ERE.UN

Watchlist Manager
European Residential REIT
TSX:ERE.UN
Watchlist
Price: 3.52 CAD 1.15% Market Closed
Market Cap: 324.4m CAD
Have any thoughts about
European Residential REIT?
Write Note

Relative Value

The Relative Value of one ERE.UN stock under the Base Case scenario is 12.05 CAD. Compared to the current market price of 3.52 CAD, European Residential REIT is Undervalued by 71%.

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
12.05 CAD
Undervaluation 71%
Relative Value
Price
E
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
64
Median 3Y
2
Median 5Y
1.5
Industry
3.8
Forward
2.2
vs History
6
vs Industry
37
Median 3Y
1.9
Median 5Y
-1.4
Industry
16.8
Forward
12.4
vs History
26
vs Industry
61
Median 3Y
3.2
Median 5Y
2.6
Industry
11.2
vs History
vs Industry
50
Median 3Y
1
Median 5Y
-5.5
Industry
13.5
vs History
36
vs Industry
73
Median 3Y
0.4
Median 5Y
0.4
Industry
0.9
vs History
44
vs Industry
33
Median 3Y
11.9
Median 5Y
9.7
Industry
6.8
Forward
10
vs History
44
vs Industry
45
Median 3Y
14.9
Median 5Y
11.8
Industry
12
vs History
44
vs Industry
45
Median 3Y
17.8
Median 5Y
13.5
Industry
16.1
Forward
14.6
vs History
44
vs Industry
48
Median 3Y
17.8
Median 5Y
13.5
Industry
19.1
vs History
44
vs Industry
40
Median 3Y
19.4
Median 5Y
15.9
Industry
18.6
vs History
44
vs Industry
36
Median 3Y
19.4
Median 5Y
15.9
Industry
20.3
vs History
53
vs Industry
60
Median 3Y
0.6
Median 5Y
0.6
Industry
0.7

Multiples Across Competitors

ERE.UN Competitors Multiples
European Residential REIT Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
European Residential REIT
TSX:ERE.UN
324.4m CAD 2.2 7.5 14.1 14.1
US
Avalonbay Communities Inc
NYSE:AVB
32.7B USD 11.5 39 23.3 44.5
US
Equity Residential
NYSE:EQR
27.7B USD 9.4 30 19.9 40.2
US
Invitation Homes Inc
NYSE:INVH
20.5B USD 7.9 46.6 19.8 39
US
Essex Property Trust Inc
NYSE:ESS
19.3B USD 11.1 35.2 23.5 48.4
US
American Campus Communities Inc
F:FGA
17.8B EUR 19.2 333 47.7 117.3
US
Mid-America Apartment Communities Inc
NYSE:MAA
18.7B USD 8.6 36.1 18.8 35
US
Sun Communities Inc
NYSE:SUI
15.8B USD 4.9 -128.9 44.4 44.4
US
UDR Inc
NYSE:UDR
14.6B USD 8.8 119 21 73.4
US
American Homes 4 Rent
NYSE:AMH
13.7B USD 6.4 29.8 18.6 35.9
US
Equity LifeStyle Properties Inc
NYSE:ELS
13.5B USD 8.9 37.1 24.7 35.6

See Also

Discover More
Back to Top