Minto Apartment Real Estate Investment Trust Fundamental Analysis (TSX: MI-UN.TO)
Minto Apartment Real Estate Investment Trust Fundamental Analysis (TSX: MI-UN.TO)
Minto Apartment Real Estate Investment Trust (TSX: MI-UN.TO) shows weak financial fundamentals with a PE ratio of -3.10, profit margin of -2.28%, and ROE of -39.64%. The company generates $0.1B in annual revenue with weak year-over-year growth of 0.28%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of -203.1/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze MI-UN.TO's fundamental strength across five key dimensions:
Efficiency Score
WeakMI-UN.TO struggles to generate sufficient returns from assets.
Valuation Score
ExcellentMI-UN.TO trades at attractive valuation levels.
Growth Score
WeakMI-UN.TO faces weak or negative growth trends.
Financial Health Score
WeakMI-UN.TO carries high financial risk with limited liquidity.
Profitability Score
WeakMI-UN.TO struggles to sustain strong margins.
Key Financial Metrics
Is MI-UN.TO Expensive or Cheap?
P/E Ratio
MI-UN.TO trades at -3.10 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, MI-UN.TO's PEG of 0.02 indicates potential undervaluation.
Price to Book
The market values Minto Apartment Real Estate Investment Trust at 1.59 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 1.96 times EBITDA. This is generally considered low.
How Well Does MI-UN.TO Make Money?
Net Profit Margin
For every $100 in sales, Minto Apartment Real Estate Investment Trust keeps $-2.28 as profit after all expenses.
Operating Margin
Core operations generate -4.41 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $-39.64 in profit for every $100 of shareholder equity.
ROA
Minto Apartment Real Estate Investment Trust generates $-14.81 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Minto Apartment Real Estate Investment Trust generates strong operating cash flow of $39.14M, reflecting robust business health.
Free Cash Flow
Minto Apartment Real Estate Investment Trust generates strong free cash flow of $21.34M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $0.58 in free cash annually.
FCF Yield
MI-UN.TO converts 5.51% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-3.10
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.02
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.59
vs 25 benchmark
P/S Ratio
Price to sales ratio
4.16
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
1.71
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.74
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
-0.40
vs 25 benchmark
ROA
Return on assets percentage
-0.15
vs 25 benchmark
ROCE
Return on capital employed
-0.00
vs 25 benchmark
How MI-UN.TO Stacks Against Its Sector Peers
| Metric | MI-UN.TO Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -3.10 | 25.83 | Better (Cheaper) |
| ROE | -39.64% | 801.00% | Weak |
| Net Margin | -228.42% | 2686.00% | Weak |
| Debt/Equity | 1.71 | -37.24 (disorted) | Distorted |
| Current Ratio | 0.74 | 39.42 | Weak Liquidity |
| ROA | -14.81% | 275.00% | Weak |
MI-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 Minto Apartment 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
17.74%
Industry Style: Income, Inflation Hedge, REIT
High GrowthEPS CAGR
-337.14%
Industry Style: Income, Inflation Hedge, REIT
DecliningFCF CAGR
-18.04%
Industry Style: Income, Inflation Hedge, REIT
Declining