Minto Apartment Real Estate Investment Trust
TSX:MI.UN

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Minto Apartment Real Estate Investment Trust
TSX:MI.UN
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Price: 13.44 CAD 0.75%
Market Cap: 536.5m CAD
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Relative Value

The Relative Value of one MI.UN stock under the Base Case scenario is 36.59 CAD. Compared to the current market price of 13.44 CAD, Minto Apartment Real Estate Investment Trust is Undervalued by 63%.

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.

MI.UN Relative Value
Base Case
36.59 CAD
Undervaluation 63%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
53
vs Industry
45
Median 3Y
4
Median 5Y
3.7
Industry
3.6
Forward
3.3
vs History
vs Industry
56
Median 3Y
1.8
Median 5Y
-7.4
Industry
16.7
Forward
-64.9
vs History
50
vs Industry
50
Median 3Y
6.7
Median 5Y
6.2
Industry
10.9
vs History
11
vs Industry
5
Median 3Y
5.4
Median 5Y
3.7
Industry
13.2
vs History
44
vs Industry
62
Median 3Y
0.6
Median 5Y
0.5
Industry
0.8
vs History
58
vs Industry
36
Median 3Y
10
Median 5Y
9.3
Industry
6.6
Forward
8.4
vs History
58
vs Industry
35
Median 3Y
16.2
Median 5Y
14.5
Industry
11.9
vs History
58
vs Industry
43
Median 3Y
16.2
Median 5Y
14.5
Industry
15.8
Forward
13.5
vs History
58
vs Industry
46
Median 3Y
16.2
Median 5Y
14.5
Industry
19.1
vs History
49
vs Industry
43
Median 3Y
17.2
Median 5Y
15
Industry
18.5
vs History
49
vs Industry
38
Median 3Y
17.2
Median 5Y
15
Industry
20.2
vs History
63
vs Industry
59
Median 3Y
0.6
Median 5Y
0.6
Industry
0.7

Multiples Across Competitors

MI.UN Competitors Multiples
Minto Apartment Real Estate Investment Trust 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
Minto Apartment Real Estate Investment Trust
TSX:MI.UN
533.7m CAD 3.4 -5.1 13.4 13.4
US
Avalonbay Communities Inc
NYSE:AVB
31.2B USD 10.8 30 22.2 42.6
US
Equity Residential
NYSE:EQR
26.9B USD 9.2 29.2 19.4 39.3
US
Invitation Homes Inc
NYSE:INVH
19.5B USD 7.6 44.4 19.1 37.6
US
American Campus Communities Inc
F:FGA
17.8B EUR 18.8 324.8 46.7 114.9
US
Essex Property Trust Inc
NYSE:ESS
18.1B USD 10.5 33.2 22.4 46.1
US
Mid-America Apartment Communities Inc
NYSE:MAA
18B USD 8.3 34.9 18.3 34
US
Sun Communities Inc
NYSE:SUI
15.7B USD 4.9 -128.6 44 44
US
UDR Inc
NYSE:UDR
14.2B USD 8.5 115.7 20.6 71.9
US
American Homes 4 Rent
NYSE:AMH
13.7B USD 6.4 29.8 18.6 36
US
Equity LifeStyle Properties Inc
NYSE:ELS
12.6B USD 8.2 34.3 23.2 33.4