KILLAM APARTMENT REAL ESTATE (KMP-UN.CA) Fundamental Analysis & Valuation

TSX:KMP-UN • CA49410M1023

16.02 CAD
-0.24 (-1.48%)
Last: Mar 12, 2026, 07:00 PM

This KMP-UN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

KMP-UN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 16 industry peers in the Residential REITs industry. There are concerns on the financial health of KMP-UN while its profitability can be described as average. KMP-UN has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

6

1. KMP-UN.CA Profitability Analysis

1.1 Basic Checks

  • KMP-UN had positive earnings in the past year.
  • KMP-UN had a positive operating cash flow in the past year.
  • KMP-UN had positive earnings in each of the past 5 years.
  • KMP-UN had a positive operating cash flow in each of the past 5 years.
KMP-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFKMP-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

1.2 Ratios

  • KMP-UN has a Return On Assets of 0.53%. This is comparable to the rest of the industry: KMP-UN outperforms 43.75% of its industry peers.
  • The Return On Equity of KMP-UN (0.96%) is comparable to the rest of the industry.
  • KMP-UN has a Return On Invested Capital of 3.28%. This is amongst the best in the industry. KMP-UN outperforms 81.25% of its industry peers.
Industry RankSector Rank
ROA 0.53%
ROE 0.96%
ROIC 3.28%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
KMP-UN.CA Yearly ROA, ROE, ROICKMP-UN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • With a Profit Margin value of 7.67%, KMP-UN perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
  • KMP-UN's Profit Margin has declined in the last couple of years.
  • KMP-UN has a better Operating Margin (60.40%) than 81.25% of its industry peers.
  • KMP-UN's Operating Margin has been stable in the last couple of years.
  • The Gross Margin of KMP-UN (66.46%) is better than 75.00% of its industry peers.
  • KMP-UN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 60.4%
PM (TTM) 7.67%
GM 66.46%
OM growth 3Y1.78%
OM growth 5Y1.39%
PM growth 3Y-40.95%
PM growth 5Y-32.75%
GM growth 3Y1.84%
GM growth 5Y1.1%
KMP-UN.CA Yearly Profit, Operating, Gross MarginsKMP-UN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50 100 150

2

2. KMP-UN.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KMP-UN is destroying value.
  • There is no outstanding debt for KMP-UN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
KMP-UN.CA Yearly Shares OutstandingKMP-UN.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
KMP-UN.CA Yearly Total Debt VS Total AssetsKMP-UN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

  • Based on the Altman-Z score of 1.01, we must say that KMP-UN is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.01, KMP-UN is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
  • KMP-UN has a debt to FCF ratio of 34.94. This is a negative value and a sign of low solvency as KMP-UN would need 34.94 years to pay back of all of its debts.
  • KMP-UN has a Debt to FCF ratio of 34.94. This is amonst the worse of the industry: KMP-UN underperforms 93.75% of its industry peers.
  • KMP-UN has a Debt/Equity ratio of 0.64. 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 0.64, KMP-UN belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 34.94
Altman-Z 1.01
ROIC/WACC0.47
WACC6.98%
KMP-UN.CA Yearly LT Debt VS Equity VS FCFKMP-UN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 0.08 indicates that KMP-UN may have some problems paying its short term obligations.
  • KMP-UN has a Current ratio of 0.08. This is in the lower half of the industry: KMP-UN underperforms 62.50% of its industry peers.
  • A Quick Ratio of 0.08 indicates that KMP-UN may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.08, KMP-UN is doing worse than 62.50% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.08
Quick Ratio 0.08
KMP-UN.CA Yearly Current Assets VS Current LiabilitesKMP-UN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

3

3. KMP-UN.CA Growth Analysis

3.1 Past

  • KMP-UN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -95.53%.
  • Measured over the past years, KMP-UN shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -29.95% on average per year.
  • The Revenue has been growing slightly by 5.14% in the past year.
  • KMP-UN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.94% yearly.
EPS 1Y (TTM)-95.53%
EPS 3Y-39.16%
EPS 5Y-29.95%
EPS Q2Q%-140.21%
Revenue 1Y (TTM)5.14%
Revenue growth 3Y5.25%
Revenue growth 5Y7.94%
Sales Q2Q%3.97%

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 -14.72% on average per year.
  • Based on estimates for the next years, KMP-UN will show a small growth in Revenue. The Revenue will grow by 0.90% on average per year.
EPS Next Y-30.68%
EPS Next 2Y-14.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.01%
Revenue Next 2Y0.9%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
KMP-UN.CA Yearly Revenue VS EstimatesKMP-UN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
KMP-UN.CA Yearly EPS VS EstimatesKMP-UN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2 2.5

3

4. KMP-UN.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 66.75, which means the current valuation is very expensive for KMP-UN.
  • Based on the Price/Earnings ratio, KMP-UN is valued a bit more expensive than the industry average as 62.50% of the companies are valued more cheaply.
  • Compared to an average S&P500 Price/Earnings ratio of 25.71, KMP-UN is valued quite expensively.
  • The Price/Forward Earnings ratio is 13.00, which indicates a correct valuation of KMP-UN.
  • 75.00% of the companies in the same industry are more expensive than KMP-UN, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of KMP-UN to the average of the S&P500 Index (23.82), we can say KMP-UN is valued slightly cheaper.
Industry RankSector Rank
PE 66.75
Fwd PE 13
KMP-UN.CA Price Earnings VS Forward Price EarningsKMP-UN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

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 87.50% of the companies in the same industry.
  • KMP-UN's Price/Free Cash Flow ratio is rather expensive when compared to the industry. KMP-UN is more expensive than 87.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 29.33
EV/EBITDA 18.05
KMP-UN.CA Per share dataKMP-UN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The decent profitability rating of KMP-UN may justify a higher PE ratio.
  • KMP-UN's earnings are expected to decrease with -14.72% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.72%
EPS Next 3YN/A

4

5. KMP-UN.CA Dividend Analysis

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 4.86, KMP-UN has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, KMP-UN pays a better dividend.
Industry RankSector 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.
  • The dividend of KMP-UN decreased in the last 3 years.
Dividend Growth(5Y)0.75%
Div Incr Years1
Div Non Decr Years2
KMP-UN.CA Yearly Dividends per shareKMP-UN.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • KMP-UN pays out 214.57% of its income as dividend. This is not a sustainable payout ratio.
  • The Dividend Rate of KMP-UN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP214.57%
EPS Next 2Y-14.72%
EPS Next 3YN/A
KMP-UN.CA Yearly Income VS Free CF VS DividendKMP-UN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
KMP-UN.CA Dividend Payout.KMP-UN.CA Dividend Payout, showing the Payout Ratio.KMP-UN.CA Dividend Payout.PayoutRetained Earnings

KMP-UN.CA Fundamentals: All Metrics, Ratios and Statistics

KILLAM APARTMENT REAL ESTATE

TSX:KMP-UN (3/12/2026, 7:00:00 PM)

16.02

-0.24 (-1.48%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)02-11
Earnings (Next)05-05
Inst Owners30.15%
Inst Owner ChangeN/A
Ins Owners1.46%
Ins Owner ChangeN/A
Market Cap1.95B
Revenue(TTM)383.40M
Net Income(TTM)29.41M
Analysts80
Price Target20.75 (29.53%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.95%
Yearly Dividend0.51
Dividend Growth(5Y)0.75%
DP214.57%
Div Incr Years1
Div Non Decr Years2
Ex-Date02-27
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)-1.11%
PT rev (3m)-2.72%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.4%
EPS NY rev (3m)-2.4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-0.27%
Valuation
Industry RankSector Rank
PE 66.75
Fwd PE 13
P/S 5.08
P/FCF 29.33
P/OCF 13.33
P/B 0.64
P/tB 0.64
EV/EBITDA 18.05
EPS(TTM)0.24
EY1.5%
EPS(NY)1.23
Fwd EY7.69%
FCF(TTM)0.55
FCFY3.41%
OCF(TTM)1.2
OCFY7.5%
SpS3.16
BVpS25.22
TBVpS25.22
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.67
Profitability
Industry RankSector Rank
ROA 0.53%
ROE 0.96%
ROCE 4.63%
ROIC 3.28%
ROICexc 3.28%
ROICexgc 3.28%
OM 60.4%
PM (TTM) 7.67%
GM 66.46%
FCFM 17.3%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y1.78%
OM growth 5Y1.39%
PM growth 3Y-40.95%
PM growth 5Y-32.75%
GM growth 3Y1.84%
GM growth 5Y1.1%
F-Score7
Asset Turnover0.07
Health
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 34.94
Debt/EBITDA 8.43
Cap/Depr 7827.73%
Cap/Sales 20.76%
Interest Coverage 2.96
Cash Conversion 62.75%
Profit Quality 225.54%
Current Ratio 0.08
Quick Ratio 0.08
Altman-Z 1.01
F-Score7
WACC6.98%
ROIC/WACC0.47
Cap/Depr(3y)10450.6%
Cap/Depr(5y)12229.6%
Cap/Sales(3y)24.93%
Cap/Sales(5y)25.95%
Profit Quality(3y)83.66%
Profit Quality(5y)59.38%
High Growth Momentum
Growth
EPS 1Y (TTM)-95.53%
EPS 3Y-39.16%
EPS 5Y-29.95%
EPS Q2Q%-140.21%
EPS Next Y-30.68%
EPS Next 2Y-14.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.14%
Revenue growth 3Y5.25%
Revenue growth 5Y7.94%
Sales Q2Q%3.97%
Revenue Next Year3.01%
Revenue Next 2Y0.9%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.67%
EBIT growth 3Y7.12%
EBIT growth 5Y9.43%
EBIT Next Year6.67%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y0.15%
FCF growth 3Y31.83%
FCF growth 5Y-11.69%
OCF growth 1Y-8.87%
OCF growth 3Y5.9%
OCF growth 5Y3.4%

KILLAM APARTMENT REAL ESTATE / KMP-UN.CA FAQ

What is the ChartMill fundamental rating of KILLAM APARTMENT REAL ESTATE (KMP-UN.CA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to KMP-UN.CA.


What is the valuation status for KMP-UN stock?

ChartMill assigns a valuation rating of 3 / 10 to KILLAM APARTMENT REAL ESTATE (KMP-UN.CA). This can be considered as Overvalued.


How profitable is KILLAM APARTMENT REAL ESTATE (KMP-UN.CA) stock?

KILLAM APARTMENT REAL ESTATE (KMP-UN.CA) has a profitability rating of 6 / 10.


What is the valuation of KILLAM APARTMENT REAL ESTATE based on its PE and PB ratios?

The Price/Earnings (PE) ratio for KILLAM APARTMENT REAL ESTATE (KMP-UN.CA) is 66.75 and the Price/Book (PB) ratio is 0.64.


Can you provide the dividend sustainability for KMP-UN stock?

The dividend rating of KILLAM APARTMENT REAL ESTATE (KMP-UN.CA) is 4 / 10 and the dividend payout ratio is 214.57%.