XTSEBEI.UN
Market cap2.20bUSD
Dec 24, Last price
63.79CAD
1D
0.49%
1Q
-26.01%
Jan 2017
31.12%
Name
Boardwalk Real Estate Investment Trust
Chart & Performance
Profile
Boardwalk REIT strives to be Canada's friendliest communities and currently owns and operates more than 200 communities with over 33,000 residential units totaling over 28 million net rentable square feet. Boardwalk's principal objectives are to provide its Residents with the best quality communities and superior customer service, while providing Unitholders with sustainable monthly cash distributions, and increase the value of its trust units through selective acquisitions, dispositions, development, and effective management of its residential multi-family communities. Boardwalk REIT is vertically integrated and is Canada's leading owner/operator of multi-family communities bringing Residents home to properties located in Alberta, Saskatchewan, Ontario, and Quebec. Boardwalk REIT's Trust units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 545,658 10.28% | 494,806 5.16% | 470,531 1.07% | |||||||
Cost of revenue | 261,742 | 242,561 | 231,865 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 283,916 | 252,245 | 238,666 | |||||||
NOPBT Margin | 52.03% | 50.98% | 50.72% | |||||||
Operating Taxes | 78 | 78 | (110) | |||||||
Tax Rate | 0.03% | 0.03% | ||||||||
NOPAT | 283,838 | 252,167 | 238,776 | |||||||
Net income | 666,099 135.29% | 283,096 -36.56% | 446,267 -326.21% | |||||||
Dividends | (52,469) | (48,631) | (46,587) | |||||||
Dividend yield | 1.60% | 1.95% | 1.83% | |||||||
Proceeds from repurchase of equity | 239,992 | (21,671) | 186,148 | |||||||
BB yield | -7.34% | 0.87% | -7.30% | |||||||
Debt | ||||||||||
Debt current | 503,350 | 508,349 | 532,519 | |||||||
Long-term debt | 2,968,659 | 2,866,201 | 2,627,287 | |||||||
Deferred revenue | 3,372 | 3,750 | 4,128 | |||||||
Other long-term liabilities | 326,048 | 225,380 | 245,364 | |||||||
Net debt | 3,101,047 | 3,277,560 | 3,052,369 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 199,796 | 160,904 | 161,860 | |||||||
CAPEX | (125,972) | (129,352) | (127,003) | |||||||
Cash from investing activities | (154,834) | (197,058) | (137,877) | |||||||
Cash from financing activities | 233,426 | 24,670 | (12,643) | |||||||
FCF | 284,605 | 250,692 | 241,088 | |||||||
Balance | ||||||||||
Cash | 331,204 | 52,816 | 64,300 | |||||||
Long term investments | 39,758 | 44,174 | 43,137 | |||||||
Excess cash | 343,679 | 72,250 | 83,910 | |||||||
Stockholders' equity | 4,320,072 | 13,422,208 | 12,552,435 | |||||||
Invested Capital | 7,701,026 | 6,918,430 | 6,498,475 | |||||||
ROIC | 3.88% | 3.76% | 3.83% | |||||||
ROCE | 3.53% | 3.61% | 3.62% | |||||||
EV | ||||||||||
Common stock shares outstanding | 45,825 | 50,357 | 46,532 | |||||||
Price | 71.34 44.33% | 49.43 -9.85% | 54.83 62.51% | |||||||
Market cap | 3,269,143 31.34% | 2,489,136 -2.44% | 2,551,364 48.24% | |||||||
EV | 6,370,190 | 12,254,908 | 11,649,812 | |||||||
EBITDA | 291,837 | 260,027 | 246,475 | |||||||
EV/EBITDA | 21.83 | 47.13 | 47.27 | |||||||
Interest | 98,804 | 85,055 | 78,695 | |||||||
Interest/NOPBT | 34.80% | 33.72% | 32.97% |