Smartcentres Real Estate Stock Fundamentals
| SRU-UN Stock | CAD 25.71 0.01 0.04% |
SmartCentres Real Estate fundamentals help investors to digest information that contributes to SmartCentres Real's financial success or failures. It also enables traders to predict the movement of SmartCentres Stock. The fundamental analysis module provides a way to measure SmartCentres Real's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SmartCentres Real stock.
At present, SmartCentres Real's EBIT is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 52 M, whereas Depreciation And Amortization is forecasted to decline to about 12.3 M. SmartCentres | Select Account or Indicator |
SmartCentres Real Estate Company Return On Equity Analysis
SmartCentres Real's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current SmartCentres Real Return On Equity | 0.0259 |
Most of SmartCentres Real's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SmartCentres Real Estate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SmartCentres Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for SmartCentres Real is extremely important. It helps to project a fair market value of SmartCentres Stock properly, considering its historical fundamentals such as Return On Equity. Since SmartCentres Real's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SmartCentres Real's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SmartCentres Real's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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SmartCentres Total Stockholder Equity
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Based on the latest financial disclosure, SmartCentres Real Estate has a Return On Equity of 0.0259. This is 101.9% lower than that of the Retail REITs sector and significantly higher than that of the Real Estate industry. The return on equity for all Canada stocks is 108.35% lower than that of the firm.
SmartCentres Real Estate Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SmartCentres Real's current stock value. Our valuation model uses many indicators to compare SmartCentres Real value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SmartCentres Real competition to find correlations between indicators driving SmartCentres Real's intrinsic value. More Info.SmartCentres Real Estate is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about 1.20 of Return On Asset per Return On Equity. At present, SmartCentres Real's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value SmartCentres Real by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SmartCentres Real's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.SmartCentres Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SmartCentres Real's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SmartCentres Real could also be used in its relative valuation, which is a method of valuing SmartCentres Real by comparing valuation metrics of similar companies.SmartCentres Real is currently under evaluation in return on equity category among its peers.
SmartCentres Real Current Valuation Drivers
We derive many important indicators used in calculating different scores of SmartCentres Real from analyzing SmartCentres Real's financial statements. These drivers represent accounts that assess SmartCentres Real's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of SmartCentres Real's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 5.3B | 4.0B | 5.6B | 4.8B | 4.4B | 2.3B | |
| Enterprise Value | 9.5B | 8.4B | 10.3B | 9.7B | 9.4B | 9.9B |
SmartCentres Fundamentals
| Return On Equity | 0.0259 | ||||
| Return On Asset | 0.0312 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.55 % | ||||
| Current Valuation | 9.37 B | ||||
| Shares Outstanding | 144.69 M | ||||
| Shares Owned By Insiders | 10.92 % | ||||
| Shares Owned By Institutions | 18.20 % | ||||
| Number Of Shares Shorted | 2.83 M | ||||
| Price To Earning | 28.13 X | ||||
| Price To Book | 0.84 X | ||||
| Price To Sales | 4.41 X | ||||
| Revenue | 929.4 M | ||||
| Gross Profit | 524.84 M | ||||
| EBITDA | 579.18 M | ||||
| Net Income | 510.1 M | ||||
| Cash And Equivalents | 532.08 M | ||||
| Cash Per Share | 3.68 X | ||||
| Total Debt | 5 B | ||||
| Debt To Equity | 0.95 % | ||||
| Current Ratio | 0.62 X | ||||
| Book Value Per Share | 36.45 X | ||||
| Cash Flow From Operations | 330.85 M | ||||
| Short Ratio | 10.71 X | ||||
| Earnings Per Share | 0.78 X | ||||
| Target Price | 27.0 | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 4.38 B | ||||
| Total Asset | 11.91 B | ||||
| Retained Earnings | 2.18 B | ||||
| Working Capital | (554.07 M) | ||||
| Current Asset | 111.25 M | ||||
| Current Liabilities | 585.02 M | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 5.88 % | ||||
| Net Asset | 11.91 B | ||||
| Last Dividend Paid | 1.85 |
About SmartCentres Real Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SmartCentres Real Estate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SmartCentres Real using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SmartCentres Real Estate based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 104.8 M | 72.9 M | |
| Total Revenue | 929.4 M | 513.1 M | |
| Cost Of Revenue | 321 M | 182.2 M | |
| Sales General And Administrative To Revenue | 0.04 | 0.04 | |
| Revenue Per Share | 5.22 | 3.22 | |
| Ebit Per Revenue | 0.62 | 0.42 |
Pair Trading with SmartCentres Real
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SmartCentres Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SmartCentres Real will appreciate offsetting losses from the drop in the long position's value.Moving against SmartCentres Stock
| 0.62 | NVDA | NVIDIA CDR | PairCorr |
| 0.6 | GOOG | Alphabet CDR | PairCorr |
| 0.47 | PYPL | PayPal Holdings CDR | PairCorr |
| 0.47 | VISA | Visa Inc CDR | PairCorr |
| 0.45 | TSLA | Tesla Inc CDR | PairCorr |
The ability to find closely correlated positions to SmartCentres Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SmartCentres Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SmartCentres Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SmartCentres Real Estate to buy it.
The correlation of SmartCentres Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SmartCentres Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SmartCentres Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SmartCentres Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in SmartCentres Stock
SmartCentres Real financial ratios help investors to determine whether SmartCentres Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SmartCentres with respect to the benefits of owning SmartCentres Real security.