Australian REIT Income Fd 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 |
|---|---|---|---|---|---|---|---|---|
| SGR-U | Slate Grocery | 9.60 | 16.83 | 7.23 (75.3%) | 633 | 579.3 | 9.0 | 19.6 |
| MPCT-UN | Dream Impact | 3.91 | 5.69 | 1.78 (45.5%) | 27535 | 70.8 | 4.1 | 0.0 |
| HOT-U | American Hotel Inc Props | 0.46 | 0.63 | 0.17 (37.5%) | 1324 | 37.5 | 0.0 | 0.0 |
| MHC-U | Flagship Communities | 14.86 | 20.16 | 5.30 (35.7%) | 33783 | 371.2 | 4.0 | 4.8 |
| MI-UN | Minto Apartment | 13.42 | 17.89 | 4.47 (33.3%) | 192885 | 535.7 | 3.8 | 0.0 |
| MHC-UN | Flagship Communities | 21.20 | 26.78 | 5.58 (26.3%) | 1427 | 529.6 | 1.0 | 4.8 |
| MRG-UN | Morguard North American | 17.44 | 22.00 | 4.56 (26.1%) | 27383 | 639.2 | 4.3 | 8.0 |
| HOT-UN | American Hotel Inc Props | 0.64 | 0.80 | 0.16 (25.1%) | 107345 | 52.2 | 0.0 | 0.0 |
| NWH-UN | Northwest Healthcare REIT | 4.46 | 5.48 | 1.02 (22.9%) | 809796 | 1102.4 | 8.1 | 0.0 |
| HRR-UN | Australian REIT Income Fd | 7.90 | 9.00 | 1.10 (13.9%) | 5.2 | 0.0 | 0.0 |
All data provided as of January 04, 2025.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Australian REIT Income Fd
Australian REIT Income Fund invests in an actively managed portfolio comprised of equity securities issued by Australian real estate investment trusts and issuers principally engaged in the real estate industry in Australia. The Fund's investment objectives are to provide unitholders with stable monthly cash distributions and the opportunity for capital appreciation. The Fund is offering Series A units and Series F units.
Australian REIT Income Fd is listed under HRR-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)
- Analyst Consensus
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.