Canadian Net REIT: Top 10 Undervalued REITs Industry Stocks on TSX-V (NET-UN)
Canadian Net REIT is now ranked among the top 10 undervalued stocks in the REITs industry on the 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 |
|---|---|---|---|---|---|---|---|---|
| RRR-UN-X | R&R REIT | 0.09 | 0.09 | 0 (4.24) | 4,619 | 25.4 | 0 | 0 |
| FCA-U-X | Firm Capital Apartment | 4.62 | 6.28 | 1.66 (35.89) | 100 | 35.1 | 5.2 | 0 |
| NHT-U-X | NexPoint Hospitality | 2.5 | 2.92 | 0.42 (16.86) | 0 | 74.8 | 0 | 5.1 |
| NET-UN-X | Canadian Net REIT | 6.8 | 7.18 | 0.38 (5.62) | 6,766 | 140 | 4.8 | 6.2 |
| MAR-UN-X | Marwest Apartment | 0.75 | 1.03 | 0.28 (37.76) | 2,695 | 6.5 | 1.5 | 0.4 |
| FCA-UN-X | Firm Capital Apartment | 5.96 | 6.11 | 0.15 (2.45) | 719 | 45.3 | 5.1 | 0 |
| SRES-X | Sun Residential REIT | 0.08 | 0.08 | 0 (4.16) | 15,857 | 16.3 | 0 | 4.1 |
| PINE-UN-X | Pine Trail | 0.06 | 0.06 | 0 (2.6) | 21,859 | 2.1 | 0 | 2.8 |
More about Canadian Net REIT
All data provided as-at market close September 21, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Canadian Net REIT Fronsac Real Estate Investment Trust acquires and retains commercial real estate properties. It is an open-ended real estate investment trust. The Trust strives to rent these locations under long-term and triple net leases. Canadian Net REIT is listed under NET-UN on the TSX Venture 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.
