European Residential: Top 10 Undervalued REITs Industry Stocks (ERE-UN)
European Residential is now ranked among the top 10 undervalued stocks in the REITs industry on the Toronto Stock Exchange or TSX Venture Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below).
REITs: Self-administered real estate investment trusts engaged in the development, acquisition, management, and disposition of healthcare properties, including long-term-care facilities, acute-care and rehab hospitals, psychiatric facilities, and substance-abuse centers. Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| HOM-UN-T | BSR REIT | 19.9 | 25.54 | 5.64 (28.33) | 68,643 | 744 | 3.4 | 1.7 |
| SGR-UN-T | Slate Grocery | 16.2 | 20.48 | 4.28 (26.42) | 256,448 | 995.7 | 7 | 6.1 |
| ERE-UN-T | European Residential | 3.75 | 6.05 | 2.3 (61.22) | 121,452 | 869.6 | 4.4 | 2.8 |
| MHC-U-T | Flagship Communities | 16.78 | 24.07 | 7.29 (43.47) | 16,159 | 329.1 | 3.2 | 2.8 |
| HOM-U-T | BSR REIT | 14.8 | 23.5 | 8.7 (58.81) | 34,143 | 553.4 | 3.5 | 1.7 |
| HOT-U-T | American Hotel Inc Props | 2.06 | 4.39 | 2.33 (112.93) | 765 | 163.5 | 8 | 0 |
| HOT-UN-T | American Hotel Inc Props | 2.84 | 4.83 | 1.99 (69.97) | 105,149 | 225.4 | 8.3 | 0 |
| DRR-U-T | Dream Residential | 9 | 16.6 | 7.6 (84.45) | 56,654 | 88.5 | 3.5 | 0 |
| MAR-UN-X | Marwest Apartment | 0.85 | 1.05 | 0.2 (23.9) | 3,667 | 7.4 | 1.8 | 0.9 |
| SRES-X | Sun Residential REIT | 0.07 | 0.11 | 0.05 (71.7) | 34,679 | 13.2 | 0 | 3.4 |
More about European Residential
All data provided as-at market close February 01, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. European Residential European Commercial REIT is an unincorporated, open‐ended real estate investment trust focused on aggregating a bespoke portfolio of high‐quality, non‐prime core assets in key European markets. European Residential is listed under ERE-UN on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs. StockCalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. StockCalc's Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including: Discounted Cash Flow (DCF), Price & Other Comparables, Multiples, Adjusted Book Value (ABV) and Analyst Consensus
Artificial intelligence at Report on Business
Artificial Intelligence at Report on Business Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
