ARTIS REAL ESTATE - AXUCN 7.198 PERP (AX-PR-E.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:AX-PR-E - CA04315L7097
21 CAD
-0.12 (-0.57%)
Taking everything into account, AX-PR-E scores 3 out of 10 in our fundamental rating. AX-PR-E was compared to 38 industry peers in the Diversified REITs industry. AX-PR-E scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. AX-PR-E has a expensive valuation and it also scores bad on growth. Finally AX-PR-E also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year AX-PR-E has reported negative net income.
- In the past year AX-PR-E had a positive cash flow from operations.
- In multiple years AX-PR-E reported negative net income over the last 5 years.
- Each year in the past 5 years AX-PR-E had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of AX-PR-E (-3.37%) is worse than 65.79% of its industry peers.
- Looking at the Return On Equity, with a value of -6.21%, AX-PR-E is doing worse than 63.16% of the companies in the same industry.
- With a Return On Invested Capital value of 0.28%, AX-PR-E is not doing good in the industry: 94.74% of the companies in the same industry are doing better.
- Measured over the past 3 years, the Average Return On Invested Capital for AX-PR-E is in line with the industry average of 5.49%.
- The 3 year average ROIC (4.34%) for AX-PR-E is well above the current ROIC(0.28%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.37% | ||
| ROE | -6.21% | ||
| ROIC | 0.28% |
ROA(3y)-3.95%
ROA(5y)-0.73%
ROE(3y)-8.29%
ROE(5y)-1.91%
ROIC(3y)4.34%
ROIC(5y)4.41%
1.3 Margins
- AX-PR-E has a worse Operating Margin (3.20%) than 94.74% of its industry peers.
- In the last couple of years the Operating Margin of AX-PR-E has declined.
- The Gross Margin of AX-PR-E (51.93%) is worse than 68.42% of its industry peers.
- In the last couple of years the Gross Margin of AX-PR-E has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.2% | ||
| PM (TTM) | N/A | ||
| GM | 51.93% |
OM growth 3Y-9.19%
OM growth 5Y-6.55%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.4%
GM growth 5Y-1.76%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AX-PR-E is destroying value.
- Compared to 1 year ago, AX-PR-E has less shares outstanding
- The number of shares outstanding for AX-PR-E has been reduced compared to 5 years ago.
- AX-PR-E has a better debt/assets ratio than last year.
2.2 Solvency
- AX-PR-E has an Altman-Z score of 0.67. This is a bad value and indicates that AX-PR-E is not financially healthy and even has some risk of bankruptcy.
- AX-PR-E has a better Altman-Z score (0.67) than 65.79% of its industry peers.
- AX-PR-E has a debt to FCF ratio of 14.16. This is a negative value and a sign of low solvency as AX-PR-E would need 14.16 years to pay back of all of its debts.
- AX-PR-E has a Debt to FCF ratio of 14.16. This is in the better half of the industry: AX-PR-E outperforms 71.05% of its industry peers.
- A Debt/Equity ratio of 0.47 indicates that AX-PR-E is not too dependend on debt financing.
- The Debt to Equity ratio of AX-PR-E (0.47) is better than 97.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 14.16 | ||
| Altman-Z | 0.67 |
ROIC/WACC0.04
WACC6.61%
2.3 Liquidity
- A Current Ratio of 0.75 indicates that AX-PR-E may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.75, AX-PR-E belongs to the top of the industry, outperforming 81.58% of the companies in the same industry.
- AX-PR-E has a Quick Ratio of 0.75. This is a bad value and indicates that AX-PR-E is not financially healthy enough and could expect problems in meeting its short term obligations.
- AX-PR-E has a better Quick ratio (0.75) than 81.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 19.29% over the past year.
- The Revenue for AX-PR-E has decreased by -20.06% in the past year. This is quite bad
- The Revenue for AX-PR-E have been decreasing by -10.45% on average. This is quite bad
EPS 1Y (TTM)19.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-166.48%
Revenue 1Y (TTM)-20.06%
Revenue growth 3Y-10.54%
Revenue growth 5Y-10.45%
Sales Q2Q%-10.33%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y38.1%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-10.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- AX-PR-E reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- Also next year AX-PR-E is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AX-PR-E is on the same level as its industry peers.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of AX-PR-E indicates a slightly more expensive valuation: AX-PR-E is more expensive than 65.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.81 | ||
| EV/EBITDA | 324.65 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- AX-PR-E has a Yearly Dividend Yield of 8.45%, which is a nice return.
- AX-PR-E's Dividend Yield is a higher than the industry average which is at 7.11.
- AX-PR-E's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
5.2 History
- On average, the dividend of AX-PR-E grows each year by 8.07%, which is quite nice.
- AX-PR-E has paid a dividend for at least 10 years, which is a reliable track record.
- AX-PR-E has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.07%
Div Incr Years2
Div Non Decr Years11
5.3 Sustainability
- AX-PR-E has negative earnings and hence a negative payout ratio. The dividend may be in danger.
- AX-PR-E's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-107.39%
EPS Next 2YN/A
EPS Next 3YN/A
ARTIS REAL ESTATE - AXUCN 7.198 PERP / AX-PR-E.CA FAQ
Can you provide the ChartMill fundamental rating for ARTIS REAL ESTATE - AXUCN 7.198 PERP?
ChartMill assigns a fundamental rating of 3 / 10 to AX-PR-E.CA.
Can you provide the valuation status for ARTIS REAL ESTATE - AXUCN 7.198 PERP?
ChartMill assigns a valuation rating of 0 / 10 to ARTIS REAL ESTATE - AXUCN 7.198 PERP (AX-PR-E.CA). This can be considered as Overvalued.
Can you provide the profitability details for ARTIS REAL ESTATE - AXUCN 7.198 PERP?
ARTIS REAL ESTATE - AXUCN 7.198 PERP (AX-PR-E.CA) has a profitability rating of 2 / 10.
What is the earnings growth outlook for ARTIS REAL ESTATE - AXUCN 7.198 PERP?
The Earnings per Share (EPS) of ARTIS REAL ESTATE - AXUCN 7.198 PERP (AX-PR-E.CA) is expected to grow by 38.1% in the next year.
Is the dividend of ARTIS REAL ESTATE - AXUCN 7.198 PERP sustainable?
The dividend rating of ARTIS REAL ESTATE - AXUCN 7.198 PERP (AX-PR-E.CA) is 8 / 10 and the dividend payout ratio is -107.39%.