Artis Real Estate Investment Trust Fundamental Analysis (TSX: AX-UN.TO)
Artis Real Estate Investment Trust Fundamental Analysis (TSX: AX-UN.TO)
Artis Real Estate Investment Trust (TSX: AX-UN.TO) shows weak financial fundamentals with a PE ratio of -15.53, profit margin of -25.24%, and ROE of -3.09%. The company generates $0.2B in annual revenue with N/A year-over-year growth of N/A.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of -5.9/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze AX-UN.TO's fundamental strength across five key dimensions:
Efficiency Score
WeakAX-UN.TO struggles to generate sufficient returns from assets.
Valuation Score
ExcellentAX-UN.TO trades at attractive valuation levels.
Growth Score
WeakAX-UN.TO faces weak or negative growth trends.
Financial Health Score
ModerateAX-UN.TO shows balanced financial health with some risks.
Profitability Score
WeakAX-UN.TO struggles to sustain strong margins.
Key Financial Metrics
Is AX-UN.TO Expensive or Cheap?
P/E Ratio
AX-UN.TO trades at -15.53 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, AX-UN.TO's PEG of 0.28 indicates potential undervaluation.
Price to Book
The market values Artis Real Estate Investment Trust at 0.60 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at -13.27 times EBITDA. This is generally considered low.
How Well Does AX-UN.TO Make Money?
Net Profit Margin
For every $100 in sales, Artis Real Estate Investment Trust keeps $-25.24 as profit after all expenses.
Operating Margin
Core operations generate 8.50 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $-3.09 in profit for every $100 of shareholder equity.
ROA
Artis Real Estate Investment Trust generates $-1.75 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Artis Real Estate Investment Trust generates strong operating cash flow of $84.91M, reflecting robust business health.
Free Cash Flow
Artis Real Estate Investment Trust generates strong free cash flow of $84.91M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $0.88 in free cash annually.
FCF Yield
AX-UN.TO converts 10.11% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-15.53
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.28
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.60
vs 25 benchmark
P/S Ratio
Price to sales ratio
4.68
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.78
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.75
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
-0.03
vs 25 benchmark
ROA
Return on assets percentage
-0.02
vs 25 benchmark
ROCE
Return on capital employed
0.007
vs 25 benchmark
How AX-UN.TO Stacks Against Its Sector Peers
| Metric | AX-UN.TO Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -15.53 | 25.83 | Better (Cheaper) |
| ROE | -3.09% | 801.00% | Weak |
| Net Margin | -25.24% | 2686.00% | Weak |
| Debt/Equity | 0.78 | -37.24 (disorted) | Distorted |
| Current Ratio | 0.75 | 39.42 | Weak Liquidity |
| ROA | -1.75% | 275.00% | Weak |
AX-UN.TO outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Artis Real Estate Investment Trust's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
N/A
Industry Style: Income, Inflation Hedge, REIT
EPS CAGR
N/A
Industry Style: Income, Inflation Hedge, REIT
FCF CAGR
N/A
Industry Style: Income, Inflation Hedge, REIT