KILLAM APARTMENT REAL ESTATE (KMP-UN.CA) Stock Fundamental Analysis
TSX:KMP-UN - CA49410M1023 - REIT
18.16 CAD
+0.08 (+0.44%)
Taking everything into account, KMP-UN scores 5 out of 10 in our fundamental rating. KMP-UN was compared to 17 industry peers in the Residential REITs industry. KMP-UN has an excellent profitability rating, but there are concerns on its financial health. KMP-UN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
KMP-UN had positive earnings in the past year.
In the past year KMP-UN had a positive cash flow from operations.
Each year in the past 5 years KMP-UN has been profitable.
In the past 5 years KMP-UN always reported a positive cash flow from operatings.
1.2 Ratios
KMP-UN has a Return On Assets of 10.11%. This is amongst the best in the industry. KMP-UN outperforms 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 17.52%, KMP-UN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.21%, KMP-UN is in the better half of the industry, outperforming 70.59% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KMP-UN is in line with the industry average of 2.80%.
The 3 year average ROIC (3.10%) for KMP-UN is below the current ROIC(3.21%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.11% | ||
| ROE | 17.52% | ||
| ROIC | 3.21% |
ROA(3y)6.68%
ROA(5y)6.03%
ROE(3y)12.58%
ROE(5y)11.9%
ROIC(3y)3.1%
ROIC(5y)3.02%
1.3 Margins
With an excellent Profit Margin value of 149.64%, KMP-UN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of KMP-UN has grown nicely.
KMP-UN has a better Operating Margin (60.20%) than 76.47% of its industry peers.
In the last couple of years the Operating Margin of KMP-UN has remained more or less at the same level.
KMP-UN has a Gross Margin of 66.29%. This is in the better half of the industry: KMP-UN outperforms 76.47% of its industry peers.
In the last couple of years the Gross Margin of KMP-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 60.2% | ||
| PM (TTM) | 149.64% | ||
| GM | 66.29% |
OM growth 3Y1.79%
OM growth 5Y1.41%
PM growth 3Y23.12%
PM growth 5Y9.37%
GM growth 3Y1.54%
GM growth 5Y0.96%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KMP-UN is destroying value.
Compared to 1 year ago, KMP-UN has more shares outstanding
The number of shares outstanding for KMP-UN has been increased compared to 5 years ago.
The debt/assets ratio for KMP-UN has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.11, we must say that KMP-UN is in the distress zone and has some risk of bankruptcy.
KMP-UN's Altman-Z score of 1.11 is amongst the best of the industry. KMP-UN outperforms 82.35% of its industry peers.
KMP-UN has a debt to FCF ratio of 29.84. This is a negative value and a sign of low solvency as KMP-UN would need 29.84 years to pay back of all of its debts.
With a Debt to FCF ratio value of 29.84, KMP-UN is not doing good in the industry: 88.24% of the companies in the same industry are doing better.
KMP-UN has a Debt/Equity ratio of 0.58. This is a neutral value indicating KMP-UN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.58, KMP-UN belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 29.84 | ||
| Altman-Z | 1.11 |
ROIC/WACC0.57
WACC5.68%
2.3 Liquidity
A Current Ratio of 0.09 indicates that KMP-UN may have some problems paying its short term obligations.
KMP-UN's Current ratio of 0.09 is on the low side compared to the rest of the industry. KMP-UN is outperformed by 82.35% of its industry peers.
A Quick Ratio of 0.09 indicates that KMP-UN may have some problems paying its short term obligations.
KMP-UN has a Quick ratio of 0.09. This is amonst the worse of the industry: KMP-UN underperforms 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 |
3. Growth
3.1 Past
KMP-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 79.40%, which is quite impressive.
Measured over the past years, KMP-UN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.88% on average per year.
The Revenue has been growing slightly by 5.74% in the past year.
Measured over the past years, KMP-UN shows a quite strong growth in Revenue. The Revenue has been growing by 8.53% on average per year.
EPS 1Y (TTM)79.4%
EPS 3Y28.07%
EPS 5Y12.88%
EPS Q2Q%-71.38%
Revenue 1Y (TTM)5.74%
Revenue growth 3Y7.82%
Revenue growth 5Y8.53%
Sales Q2Q%5.36%
3.2 Future
Based on estimates for the next years, KMP-UN will show a very negative growth in Earnings Per Share. The EPS will decrease by -21.67% on average per year.
The Revenue is expected to decrease by -8.24% on average over the next years.
EPS Next Y-36.04%
EPS Next 2Y-32.48%
EPS Next 3Y-21.67%
EPS Next 5YN/A
Revenue Next Year5.14%
Revenue Next 2Y4.57%
Revenue Next 3Y-8.24%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.00, the valuation of KMP-UN can be described as very cheap.
94.12% of the companies in the same industry are more expensive than KMP-UN, based on the Price/Earnings ratio.
KMP-UN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.03.
The Price/Forward Earnings ratio is 13.94, which indicates a correct valuation of KMP-UN.
Based on the Price/Forward Earnings ratio, KMP-UN is valued a bit cheaper than 70.59% of the companies in the same industry.
KMP-UN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4 | ||
| Fwd PE | 13.94 |
4.2 Price Multiples
KMP-UN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. KMP-UN is cheaper than 100.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KMP-UN is valued expensively inside the industry as 82.35% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.71 | ||
| EV/EBITDA | 19.2 |
4.3 Compensation for Growth
KMP-UN has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as KMP-UN's earnings are expected to decrease with -21.67% in the coming years.
PEG (NY)N/A
PEG (5Y)0.31
EPS Next 2Y-32.48%
EPS Next 3Y-21.67%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.95%, KMP-UN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.64, KMP-UN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, KMP-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
5.2 History
The dividend of KMP-UN has a limited annual growth rate of 0.75%.
KMP-UN has paid a dividend for at least 10 years, which is a reliable track record.
KMP-UN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.75%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
10.97% of the earnings are spent on dividend by KMP-UN. This is a low number and sustainable payout ratio.
DP10.97%
EPS Next 2Y-32.48%
EPS Next 3Y-21.67%
TSX:KMP-UN (9/4/2025, 7:00:00 PM)
18.16
+0.08 (+0.44%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners32.7%
Inst Owner ChangeN/A
Ins Owners1.46%
Ins Owner ChangeN/A
Market Cap2.20B
Analysts82.67
Price Target22.16 (22.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
Yearly Dividend0.51
Dividend Growth(5Y)0.75%
DP10.97%
Div Incr Years1
Div Non Decr Years2
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)-0.31%
PT rev (3m)1.64%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)49.59%
EPS NY rev (3m)49.59%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4 | ||
| Fwd PE | 13.94 | ||
| P/S | 5.86 | ||
| P/FCF | 29.71 | ||
| P/OCF | 14.05 | ||
| P/B | 0.69 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | 19.2 |
EPS(TTM)4.54
EY25%
EPS(NY)1.3
Fwd EY7.17%
FCF(TTM)0.61
FCFY3.37%
OCF(TTM)1.29
OCFY7.12%
SpS3.1
BVpS26.47
TBVpS26.47
PEG (NY)N/A
PEG (5Y)0.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.11% | ||
| ROE | 17.52% | ||
| ROCE | 4.5% | ||
| ROIC | 3.21% | ||
| ROICexc | 3.22% | ||
| ROICexgc | 3.22% | ||
| OM | 60.2% | ||
| PM (TTM) | 149.64% | ||
| GM | 66.29% | ||
| FCFM | 19.72% |
ROA(3y)6.68%
ROA(5y)6.03%
ROE(3y)12.58%
ROE(5y)11.9%
ROIC(3y)3.1%
ROIC(5y)3.02%
ROICexc(3y)3.11%
ROICexc(5y)3.02%
ROICexgc(3y)3.11%
ROICexgc(5y)3.02%
ROCE(3y)4.42%
ROCE(5y)4.3%
ROICexcg growth 3Y4.18%
ROICexcg growth 5Y-0.29%
ROICexc growth 3Y4.18%
ROICexc growth 5Y-0.29%
OM growth 3Y1.79%
OM growth 5Y1.41%
PM growth 3Y23.12%
PM growth 5Y9.37%
GM growth 3Y1.54%
GM growth 5Y0.96%
F-Score8
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 29.84 | ||
| Debt/EBITDA | 8.14 | ||
| Cap/Depr | 7805.01% | ||
| Cap/Sales | 22% | ||
| Interest Coverage | 2.88 | ||
| Cash Conversion | 68.98% | ||
| Profit Quality | 13.18% | ||
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 | ||
| Altman-Z | 1.11 |
F-Score8
WACC5.68%
ROIC/WACC0.57
Cap/Depr(3y)13305%
Cap/Depr(5y)N/A
Cap/Sales(3y)27.52%
Cap/Sales(5y)N/A
Profit Quality(3y)16.36%
Profit Quality(5y)31.2%
High Growth Momentum
Growth
EPS 1Y (TTM)79.4%
EPS 3Y28.07%
EPS 5Y12.88%
EPS Q2Q%-71.38%
EPS Next Y-36.04%
EPS Next 2Y-32.48%
EPS Next 3Y-21.67%
EPS Next 5YN/A
Revenue 1Y (TTM)5.74%
Revenue growth 3Y7.82%
Revenue growth 5Y8.53%
Sales Q2Q%5.36%
Revenue Next Year5.14%
Revenue Next 2Y4.57%
Revenue Next 3Y-8.24%
Revenue Next 5YN/A
EBIT growth 1Y7.36%
EBIT growth 3Y9.75%
EBIT growth 5Y10.06%
EBIT Next Year9.76%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2342.9%
FCF growth 3Y1.29%
FCF growth 5Y-7%
OCF growth 1Y14.74%
OCF growth 3Y4.45%
OCF growth 5Y10.96%