ARTIS REAL ESTATE - AXUCN 6.905 PERP (AX-PR-I.CA) Stock Fundamental Analysis
Canada - TSX:AX-PR-I - CA04315L8657
21.1 CAD
-0.15 (-0.71%)
Overall AX-PR-I gets a fundamental rating of 2 out of 10. We evaluated AX-PR-I against 38 industry peers in the Diversified REITs industry. While AX-PR-I seems to be doing ok healthwise, there are quite some concerns on its profitability. AX-PR-I has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
AX-PR-I had negative earnings in the past year.
In the past year AX-PR-I had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: AX-PR-I reported negative net income in multiple years.
AX-PR-I had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AX-PR-I has a worse Return On Assets (-2.52%) than 71.05% of its industry peers.
With a Return On Equity value of -4.53%, AX-PR-I is not doing good in the industry: 60.53% of the companies in the same industry are doing better.
AX-PR-I's Return On Invested Capital of 1.88% is on the low side compared to the rest of the industry. AX-PR-I is outperformed by 92.11% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AX-PR-I is in line with the industry average of 5.45%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.52% | ||
| ROE | -4.53% | ||
| ROIC | 1.88% |
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-I has a worse Operating Margin (21.59%) than 86.84% of its industry peers.
In the last couple of years the Operating Margin of AX-PR-I has declined.
AX-PR-I has a worse Gross Margin (52.10%) than 68.42% of its industry peers.
AX-PR-I's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.59% | ||
| PM (TTM) | N/A | ||
| GM | 52.1% |
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
AX-PR-I has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, AX-PR-I has less shares outstanding
AX-PR-I has less shares outstanding than it did 5 years ago.
The debt/assets ratio for AX-PR-I has been reduced compared to a year ago.
2.2 Solvency
AX-PR-I has an Altman-Z score of 0.75. This is a bad value and indicates that AX-PR-I is not financially healthy and even has some risk of bankruptcy.
AX-PR-I has a better Altman-Z score (0.75) than 71.05% of its industry peers.
AX-PR-I has a debt to FCF ratio of 13.54. This is a negative value and a sign of low solvency as AX-PR-I would need 13.54 years to pay back of all of its debts.
AX-PR-I has a better Debt to FCF ratio (13.54) than 68.42% of its industry peers.
A Debt/Equity ratio of 0.45 indicates that AX-PR-I is not too dependend on debt financing.
AX-PR-I has a Debt to Equity ratio of 0.45. This is amongst the best in the industry. AX-PR-I outperforms 94.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 13.54 | ||
| Altman-Z | 0.75 |
ROIC/WACC0.28
WACC6.64%
2.3 Liquidity
A Current Ratio of 0.56 indicates that AX-PR-I may have some problems paying its short term obligations.
AX-PR-I has a Current ratio of 0.56. This is in the better half of the industry: AX-PR-I outperforms 76.32% of its industry peers.
AX-PR-I has a Quick Ratio of 0.56. This is a bad value and indicates that AX-PR-I is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of AX-PR-I (0.56) is better than 78.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
AX-PR-I shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 71.00%, which is quite impressive.
AX-PR-I shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -21.40%.
The Revenue for AX-PR-I have been decreasing by -10.45% on average. This is quite bad
EPS 1Y (TTM)71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1034.73%
Revenue 1Y (TTM)-21.4%
Revenue growth 3Y-10.54%
Revenue growth 5Y-10.45%
Sales Q2Q%-30.27%
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-I reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year AX-PR-I 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-I 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-I indicates a slightly more expensive valuation: AX-PR-I is more expensive than 65.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.48 | ||
| EV/EBITDA | 54.41 |
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-I has a Yearly Dividend Yield of 8.45%, which is a nice return.
AX-PR-I's Dividend Yield is a higher than the industry average which is at 7.95.
AX-PR-I's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
5.2 History
The dividend of AX-PR-I is nicely growing with an annual growth rate of 8.07%!
AX-PR-I has been paying a dividend for over 5 years, so it has already some track record.
AX-PR-I has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)8.07%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
The earnings of AX-PR-I are negative and hence is the payout ratio. AX-PR-I will probably not be able to sustain this dividend level.
AX-PR-I's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-144.93%
EPS Next 2YN/A
EPS Next 3YN/A
ARTIS REAL ESTATE - AXUCN 6.905 PERP
TSX:AX-PR-I (10/17/2025, 7:00:00 PM)
21.1
-0.15 (-0.71%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners19.47%
Inst Owner ChangeN/A
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap2.03B
Analysts40
Price Target25.93 (22.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
Yearly Dividend1
Dividend Growth(5Y)8.07%
DP-144.93%
Div Incr Years2
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)15.57%
PT rev (3m)21.32%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 7.91 | ||
| P/FCF | 25.48 | ||
| P/OCF | 25.48 | ||
| P/B | 1.39 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 54.41 |
EPS(TTM)-0.65
EYN/A
EPS(NY)-0.13
Fwd EYN/A
FCF(TTM)0.83
FCFY3.92%
OCF(TTM)0.83
OCFY3.92%
SpS2.67
BVpS15.13
TBVpS15.13
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.52% | ||
| ROE | -4.53% | ||
| ROCE | 2.62% | ||
| ROIC | 1.88% | ||
| ROICexc | 1.9% | ||
| ROICexgc | 1.9% | ||
| OM | 21.59% | ||
| PM (TTM) | N/A | ||
| GM | 52.1% | ||
| FCFM | 31.05% |
ROA(3y)-3.95%
ROA(5y)-0.73%
ROE(3y)-8.29%
ROE(5y)-1.91%
ROIC(3y)4.34%
ROIC(5y)4.41%
ROICexc(3y)4.39%
ROICexc(5y)4.53%
ROICexgc(3y)4.39%
ROICexgc(5y)4.53%
ROCE(3y)6.02%
ROCE(5y)6.13%
ROICexcg growth 3Y-6.15%
ROICexcg growth 5Y-3.03%
ROICexc growth 3Y-6.15%
ROICexc growth 5Y-3.03%
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%
F-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 13.54 | ||
| Debt/EBITDA | 11.53 | ||
| Cap/Depr | 0% | ||
| Cap/Sales | 0% | ||
| Interest Coverage | 0.77 | ||
| Cash Conversion | 140.19% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 0.75 |
F-Score5
WACC6.64%
ROIC/WACC0.28
Cap/Depr(3y)22.34%
Cap/Depr(5y)13.48%
Cap/Sales(3y)0.09%
Cap/Sales(5y)0.05%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1034.73%
EPS Next Y38.1%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-21.4%
Revenue growth 3Y-10.54%
Revenue growth 5Y-10.45%
Sales Q2Q%-30.27%
Revenue Next Year-10.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-67.58%
EBIT growth 3Y-18.76%
EBIT growth 5Y-16.32%
EBIT Next Year73.49%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-15.59%
FCF growth 3Y-26.68%
FCF growth 5Y-16.66%
OCF growth 1Y-15.93%
OCF growth 3Y-26.56%
OCF growth 5Y-16.72%