Inovalis REIT: Top 10 Undervalued Real Estate Sector Stocks on TSX (INO-UN)
Inovalis 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 |
|---|---|---|---|---|---|---|---|---|
| IVQ-U | Invesque | 0.17 | 0.67 | 0.49 (280.4%) | 3355 | 9.9 | 0.0 | 0.0 |
| IVQ | Invesque | 0.27 | 0.74 | 0.47 (173.8%) | 13711 | 15.3 | 0.0 | 0.0 |
| HOT-U | American Hotel Inc Props | 0.49 | 1.12 | 0.63 (127.1%) | 1195 | 39.0 | 21.2 | 0.0 |
| SGR-U | Slate Grocery | 8.07 | 14.67 | 6.60 (81.8%) | 805 | 490.5 | 10.7 | 32.6 |
| MHC-U | Flagship Communities | 15.28 | 27.74 | 12.46 (81.6%) | 36721 | 322.0 | 3.8 | 4.9 |
| HOT-UN | American Hotel Inc Props | 0.66 | 1.12 | 0.46 (70.3%) | 79778 | 52.0 | 24.5 | 0.0 |
| INO-UN | Inovalis REIT | 1.11 | 1.89 | 0.78 (70.3%) | 40584 | 36.2 | 27.9 | 0.0 |
| HOM-UN | BSR REIT | 14.83 | 21.01 | 6.18 (41.7%) | 26220 | 491.5 | 4.7 | 0.0 |
| MPCT-UN | Dream Impact | 4.15 | 5.87 | 1.72 (41.4%) | 16158 | 72.9 | 14.1 | 0.0 |
| MI-UN | Minto Apartment | 14.72 | 20.33 | 5.61 (38.1%) | 94253 | 587.3 | 3.4 | 0.0 |
All data provided as of April 29, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Inovalis REIT
Inovalis Real Estate Investment Trust is a Canada based open-ended real estate investment trust. The REIT Properties consist of office properties that are used for the rental of office space leased to corporate clients in urban areas. Its properties portfolio includes office rental properties located in France and Germany. The majority of its revenue is generated from rental income in France. The REIT operates a portfolio of investment properties located in France, Germany and Spain.
Inovalis REIT is listed under INO-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.
