MINTO APARTMENT REAL ESTATE (MI-UN.CA) Stock Fundamental Analysis
Canada - TSX:MI-UN - CA60448E1034 - REIT
13.62 CAD
+0.21 (+1.57%)
Taking everything into account, MI-UN scores 5 out of 10 in our fundamental rating. MI-UN was compared to 17 industry peers in the Residential REITs industry. MI-UN has an excellent profitability rating, but there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on MI-UN.
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.
MI-UN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.87%, MI-UN is doing good in the industry, outperforming 76.47% of the companies in the same industry.
MI-UN has a Return On Equity of 7.22%. This is amongst the best in the industry. MI-UN outperforms 82.35% of its industry peers.
MI-UN's Return On Invested Capital of 2.85% is in line compared to the rest of the industry. MI-UN outperforms 52.94% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MI-UN is in line with the industry average of 2.95%.
The last Return On Invested Capital (2.85%) for MI-UN is above the 3 year average (2.62%), which is a sign of increasing profitability.
| 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 76.47% of the companies in the same industry.
MI-UN's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 63.34%, MI-UN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of MI-UN has remained more or less at the same level.
MI-UN has a Gross Margin (63.34%) which is comparable to the rest of the industry.
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.
Compared to 5 years ago, MI-UN has more shares outstanding
MI-UN has about the same debt/assets ratio as last year.
2.2 Solvency
Based on the Altman-Z score of 0.50, we must say that MI-UN is in the distress zone and has some risk of bankruptcy.
MI-UN has a Altman-Z score (0.50) 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.
Looking at the Debt to FCF ratio, with a value of 10.07, MI-UN is in the better half of the industry, outperforming 64.71% of the companies in the same industry.
MI-UN has a Debt/Equity ratio of 0.86. This is a neutral value indicating MI-UN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.86, MI-UN is doing worse than 82.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 10.07 | ||
| Altman-Z | 0.5 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.07 indicates that MI-UN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.07, MI-UN is doing worse than 64.71% of the companies in the same industry.
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.
The Quick ratio of MI-UN (0.07) is worse than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 |
3. Growth
3.1 Past
MI-UN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 172.72%, which is quite impressive.
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.
The Revenue has been growing by 8.51% on average over the past years. This is quite good.
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
MI-UN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 78.63% yearly.
Based on estimates for the next years, MI-UN will show a small growth in Revenue. The Revenue will grow by 2.39% on average per year.
EPS Next Y390%
EPS Next 2Y133.45%
EPS Next 3Y78.63%
EPS Next 5YN/A
Revenue Next Year-1.69%
Revenue Next 2Y1.96%
Revenue Next 3Y2.39%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.09, the valuation of MI-UN can be described as very cheap.
MI-UN's Price/Earnings ratio is rather cheap when compared to the industry. MI-UN is cheaper than 82.35% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.45, MI-UN is valued rather cheaply.
The Price/Forward Earnings ratio is 19.16, which indicates a rather expensive current valuation of MI-UN.
Based on the Price/Forward Earnings ratio, MI-UN is valued a bit more expensive than the industry average as 64.71% of the companies are valued more cheaply.
MI-UN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.09 | ||
| Fwd PE | 19.16 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MI-UN is valued cheaply inside the industry as 82.35% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.08 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The 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.
MI-UN's earnings are expected to grow with 78.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)0.3
EPS Next 2Y133.45%
EPS Next 3Y78.63%
5. Dividend
5.1 Amount
MI-UN has a Yearly Dividend Yield of 3.21%.
MI-UN's Dividend Yield is comparable with the industry average which is at 4.52.
Compared to an average S&P500 Dividend Yield of 2.45, MI-UN pays a bit more dividend than the S&P500 average.
| 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 2Y133.45%
EPS Next 3Y78.63%
TSX:MI-UN (11/21/2025, 7:00:00 PM)
13.62
+0.21 (+1.57%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners27.77%
Inst Owner ChangeN/A
Ins Owners2.34%
Ins Owner ChangeN/A
Market Cap498.90M
Revenue(TTM)154.98M
Net Income(TTM)75.46M
Analysts77.78
Price Target16.12 (18.36%)
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)0%
PT rev (3m)-0.94%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-29.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.09 | ||
| Fwd PE | 19.16 | ||
| P/S | 3.22 | ||
| P/FCF | 5.08 | ||
| P/OCF | 5.08 | ||
| P/B | 0.48 | ||
| P/tB | 0.48 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.92
EY14.1%
EPS(NY)0.71
Fwd EY5.22%
FCF(TTM)2.68
FCFY19.7%
OCF(TTM)2.68
OCFY19.7%
SpS4.23
BVpS28.54
TBVpS28.54
PEG (NY)0.02
PEG (5Y)0.3
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 | 0.5 |
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 Y390%
EPS Next 2Y133.45%
EPS Next 3Y78.63%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.88%
Revenue growth 3Y8.34%
Revenue growth 5Y8.51%
Sales Q2Q%-1.92%
Revenue Next Year-1.69%
Revenue Next 2Y1.96%
Revenue Next 3Y2.39%
Revenue Next 5YN/A
EBIT growth 1Y-3.52%
EBIT growth 3Y9.67%
EBIT growth 5Y9.02%
EBIT Next Year-3.52%
EBIT Next 3Y-8.11%
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 7 / 10 to MINTO APARTMENT REAL ESTATE (MI-UN.CA). This can be considered as Undervalued.
What is the profitability of MI-UN stock?
MINTO APARTMENT REAL ESTATE (MI-UN.CA) has a profitability rating of 7 / 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%.