MINTO APARTMENT REAL ESTATE (MI-UN.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MI-UN - CA60448E1034 - REIT
13.02 CAD
-0.22 (-1.66%)
We assign a fundamental rating of 5 out of 10 to MI-UN. MI-UN was compared to 14 industry peers in the Residential REITs industry. There are concerns on the financial health of MI-UN while its profitability can be described as average. MI-UN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MI-UN was profitable.
MI-UN had a positive operating cash flow in the past year.
Of the past 5 years MI-UN 4 years were profitable.
Each year in the past 5 years MI-UN had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MI-UN (2.87%) is better than 71.43% of its industry peers.
MI-UN has a Return On Equity of 7.22%. This is in the better half of the industry: MI-UN outperforms 78.57% of its industry peers.
MI-UN has a Return On Invested Capital (2.85%) which is in line with its industry peers.
MI-UN had an Average Return On Invested Capital over the past 3 years of 2.62%. This is in line with the industry average of 3.07%.
The 3 year average ROIC (2.62%) for MI-UN is below the current ROIC(2.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.87% | ||
| ROE | 7.22% | ||
| ROIC | 2.85% |
ROA(3y)2.11%
ROA(5y)3.67%
ROE(3y)4.47%
ROE(5y)8.77%
ROIC(3y)2.62%
ROIC(5y)2.55%
1.3 Margins
With a decent Profit Margin value of 48.69%, MI-UN is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Profit Margin of MI-UN has grown nicely.
MI-UN has a better Operating Margin (63.34%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of MI-UN has remained more or less at the same level.
MI-UN's Gross Margin of 63.34% is on the low side compared to the rest of the industry. MI-UN is outperformed by 71.43% of its industry peers.
In the last couple of years the Gross Margin of MI-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 63.34% | ||
| PM (TTM) | 48.69% | ||
| GM | 63.34% |
OM growth 3Y1.23%
OM growth 5Y0.48%
PM growth 3Y-19.17%
PM growth 5Y16.06%
GM growth 3Y1.23%
GM growth 5Y0.48%
2. Health
2.1 Basic Checks
The number of shares outstanding for MI-UN has been reduced compared to 1 year ago.
MI-UN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MI-UN has remained at the same level compared to a year ago.
2.2 Solvency
MI-UN has an Altman-Z score of 0.49. This is a bad value and indicates that MI-UN is not financially healthy and even has some risk of bankruptcy.
MI-UN has a Altman-Z score (0.49) which is comparable to the rest of the industry.
The Debt to FCF ratio of MI-UN is 10.07, which is on the high side as it means it would take MI-UN, 10.07 years of fcf income to pay off all of its debts.
MI-UN has a Debt to FCF ratio of 10.07. This is in the better half of the industry: MI-UN outperforms 71.43% of its industry peers.
MI-UN has a Debt/Equity ratio of 0.86. This is a neutral value indicating MI-UN is somewhat dependend on debt financing.
The Debt to Equity ratio of MI-UN (0.86) is worse than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 10.07 | ||
| Altman-Z | 0.49 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MI-UN has a Current Ratio of 0.07. This is a bad value and indicates that MI-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
MI-UN has a Current ratio of 0.07. This is in the lower half of the industry: MI-UN underperforms 71.43% of its industry peers.
MI-UN has a Quick Ratio of 0.07. This is a bad value and indicates that MI-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
MI-UN has a Quick ratio of 0.07. This is in the lower half of the industry: MI-UN underperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 172.72% over the past year.
MI-UN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.76% yearly.
The Revenue has decreased by -1.88% in the past year.
MI-UN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.51% yearly.
EPS 1Y (TTM)172.72%
EPS 3Y-12.07%
EPS 5Y23.76%
EPS Q2Q%21.35%
Revenue 1Y (TTM)-1.88%
Revenue growth 3Y8.34%
Revenue growth 5Y8.51%
Sales Q2Q%-1.92%
3.2 Future
Based on estimates for the next years, MI-UN will show a very strong growth in Earnings Per Share. The EPS will grow by 70.43% on average per year.
MI-UN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.67% yearly.
EPS Next Y50%
EPS Next 2Y120.23%
EPS Next 3Y70.43%
EPS Next 5YN/A
Revenue Next Year-1.51%
Revenue Next 2Y2.15%
Revenue Next 3Y2.67%
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.78, the valuation of MI-UN can be described as very cheap.
MI-UN's Price/Earnings ratio is a bit cheaper when compared to the industry. MI-UN is cheaper than 78.57% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.76. MI-UN is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 22.18 indicates a rather expensive valuation of MI-UN.
Based on the Price/Forward Earnings ratio, MI-UN is valued a bit more expensive than 64.29% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.96. MI-UN is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.78 | ||
| Fwd PE | 22.18 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MI-UN is valued a bit cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.85 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MI-UN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of MI-UN may justify a higher PE ratio.
A more expensive valuation may be justified as MI-UN's earnings are expected to grow with 70.43% in the coming years.
PEG (NY)0.14
PEG (5Y)0.29
EPS Next 2Y120.23%
EPS Next 3Y70.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.21%, MI-UN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.80, MI-UN has a dividend in line with its industry peers.
MI-UN's Dividend Yield is a higher than the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.21% |
5.2 History
The dividend of MI-UN has a limited annual growth rate of 4.07%.
MI-UN has been paying a dividend for over 5 years, so it has already some track record.
As MI-UN did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)4.07%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
52.85% of the earnings are spent on dividend by MI-UN. This is a bit on the high side, but may be sustainable.
The dividend of MI-UN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP52.85%
EPS Next 2Y120.23%
EPS Next 3Y70.43%
TSX:MI-UN (12/11/2025, 7:00:00 PM)
13.02
-0.22 (-1.66%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners27.52%
Inst Owner ChangeN/A
Ins Owners2.34%
Ins Owner ChangeN/A
Market Cap476.92M
Revenue(TTM)154.98M
Net Income(TTM)75.46M
Analysts77.78
Price Target15.91 (22.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.21% |
Yearly Dividend1.04
Dividend Growth(5Y)4.07%
DP52.85%
Div Incr Years6
Div Non Decr Years6
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)-1.27%
PT rev (3m)-1.27%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-117.24%
EPS NY rev (3m)-117.24%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)0.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.78 | ||
| Fwd PE | 22.18 | ||
| P/S | 3.08 | ||
| P/FCF | 4.85 | ||
| P/OCF | 4.85 | ||
| P/B | 0.46 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.92
EY14.75%
EPS(NY)0.59
Fwd EY4.51%
FCF(TTM)2.68
FCFY20.6%
OCF(TTM)2.68
OCFY20.6%
SpS4.23
BVpS28.54
TBVpS28.54
PEG (NY)0.14
PEG (5Y)0.29
Graham Number35.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.87% | ||
| ROE | 7.22% | ||
| ROCE | 3.96% | ||
| ROIC | 2.85% | ||
| ROICexc | 2.86% | ||
| ROICexgc | 2.86% | ||
| OM | 63.34% | ||
| PM (TTM) | 48.69% | ||
| GM | 63.34% | ||
| FCFM | 63.4% |
ROA(3y)2.11%
ROA(5y)3.67%
ROE(3y)4.47%
ROE(5y)8.77%
ROIC(3y)2.62%
ROIC(5y)2.55%
ROICexc(3y)2.62%
ROICexc(5y)2.55%
ROICexgc(3y)2.62%
ROICexgc(5y)2.55%
ROCE(3y)3.63%
ROCE(5y)3.54%
ROICexgc growth 3Y7.04%
ROICexgc growth 5Y3.8%
ROICexc growth 3Y7.04%
ROICexc growth 5Y3.8%
OM growth 3Y1.23%
OM growth 5Y0.48%
PM growth 3Y-19.17%
PM growth 5Y16.06%
GM growth 3Y1.23%
GM growth 5Y0.48%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 10.07 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.4 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 130.21% | ||
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 | ||
| Altman-Z | 0.49 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)172.72%
EPS 3Y-12.07%
EPS 5Y23.76%
EPS Q2Q%21.35%
EPS Next Y50%
EPS Next 2Y120.23%
EPS Next 3Y70.43%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.88%
Revenue growth 3Y8.34%
Revenue growth 5Y8.51%
Sales Q2Q%-1.92%
Revenue Next Year-1.51%
Revenue Next 2Y2.15%
Revenue Next 3Y2.67%
Revenue Next 5YN/A
EBIT growth 1Y-3.52%
EBIT growth 3Y9.67%
EBIT growth 5Y9.02%
EBIT Next Year-4.4%
EBIT Next 3Y1.53%
EBIT Next 5YN/A
FCF growth 1Y16.43%
FCF growth 3Y9.95%
FCF growth 5Y12.24%
OCF growth 1Y16.43%
OCF growth 3Y9.95%
OCF growth 5Y12.24%
MINTO APARTMENT REAL ESTATE / MI-UN.CA FAQ
What is the fundamental rating for MI-UN stock?
ChartMill assigns a fundamental rating of 5 / 10 to MI-UN.CA.
What is the valuation status of MINTO APARTMENT REAL ESTATE (MI-UN.CA) stock?
ChartMill assigns a valuation rating of 6 / 10 to MINTO APARTMENT REAL ESTATE (MI-UN.CA). This can be considered as Fairly Valued.
What is the profitability of MI-UN stock?
MINTO APARTMENT REAL ESTATE (MI-UN.CA) has a profitability rating of 6 / 10.
How financially healthy is MINTO APARTMENT REAL ESTATE?
The financial health rating of MINTO APARTMENT REAL ESTATE (MI-UN.CA) is 2 / 10.
Can you provide the dividend sustainability for MI-UN stock?
The dividend rating of MINTO APARTMENT REAL ESTATE (MI-UN.CA) is 5 / 10 and the dividend payout ratio is 52.85%.