Choice Properties REIT: Top 10 Undervalued Real Estate Sector Stocks on TSX (CHP-UN)
Choice Properties REIT is now ranked among the top 10 undervalued stocks in the Real Estate sector on the Toronto Stock Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| AIF | Altus Group | - | - | - (0.0%) | 0.0 | 1.3 | 179.9 | |
| AP-UN | Allied Properties REIT | - | - | - (0.0%) | 0.0 | 10.6 | 0.0 | |
| APR-UN | Automotive Props REIT | - | - | - (0.0%) | 0.0 | 8.0 | 7.3 | |
| AX-UN | Artis REIT | - | - | - (0.0%) | 0.0 | 9.3 | 0.0 | |
| BEI-UN | Boardwalk REIT | - | - | - (0.0%) | 0.0 | 1.8 | 4.3 | |
| BEK-B | Becker Milk Co | - | - | - (0.0%) | 0.0 | 6.1 | 28.7 | |
| BRE | Bridgemarq Real Estate | - | - | - (0.0%) | 0.0 | 9.8 | 19.5 | |
| BTB-UN | BTB REIT | - | - | - (0.0%) | 0.0 | 9.3 | 8.1 | |
| CAR-UN | CAPREIT | - | - | - (0.0%) | 0.0 | 3.3 | 0.0 | |
| CHP-UN | Choice Properties REIT | - | - | - (0.0%) | 0.0 | 5.9 | 13.7 |
All data provided as of May 28, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Choice Properties REIT
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use, and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generates the majority of its revenue from leasing properties to its tenants.
Choice Properties REIT is listed under CHP-UN on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
