XTSECHP.UN
Market cap3.05bUSD
Dec 23, Last price
13.38CAD
1D
0.22%
1Q
-11.51%
Jan 2017
-0.67%
IPO
32.74%
Name
Choice Properties Real Est Invstmnt Trst
Chart & Performance
Profile
Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high-quality portfolio comprising 725 properties totaling 66.1 million square feet of gross leasable area. Choice Properties owns a portfolio comprised of retail properties predominantly leased to necessity-based tenants; industrial, office and residential assets concentrated in attractive markets; and offers an impressive and substantial development pipeline. Choice Properties' strategic alliance with its principal tenant, Loblaw Companies Limited, the country's leading retailer, is a key competitive advantage providing long-term growth opportunities.
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 | 1,429,752 13.06% | 1,264,594 -2.15% | 1,292,321 1.71% | |||||||
Cost of revenue | 453,360 | 410,573 | 419,929 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 976,392 | 854,021 | 872,392 | |||||||
NOPBT Margin | 68.29% | 67.53% | 67.51% | |||||||
Operating Taxes | 1,000 | (117) | (679) | |||||||
Tax Rate | 0.00% | |||||||||
NOPAT | 976,391 | 854,138 | 873,071 | |||||||
Net income | 796,691 7.05% | 744,253 3,134.76% | 23,008 -94.89% | |||||||
Dividends | (245,070) | (364,515) | (462,961) | |||||||
Dividend yield | 2.43% | 3.41% | 4.21% | |||||||
Proceeds from repurchase of equity | (3,479) | |||||||||
BB yield | 0.03% | |||||||||
Debt | ||||||||||
Debt current | 964,496 | 655,733 | 518,510 | |||||||
Long-term debt | 5,732,880 | 5,897,945 | 5,713,420 | |||||||
Deferred revenue | 7,153,565 | 6,850,415 | ||||||||
Other long-term liabilities | 5,684,557 | 5,865,186 | 6,034,329 | |||||||
Net debt | 5,322,932 | 5,190,806 | 5,496,645 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 641,972 | 633,154 | 669,428 | |||||||
CAPEX | 379,961 | 103,984 | ||||||||
Cash from investing activities | (361,345) | (616,730) | (64,122) | |||||||
Cash from financing activities | (92,939) | (35,992) | (728,221) | |||||||
FCF | (13,923,611) | 782,009 | 15,179,549 | |||||||
Balance | ||||||||||
Cash | 252,424 | 64,736 | 84,304 | |||||||
Long term investments | 1,122,020 | 1,298,136 | 650,981 | |||||||
Excess cash | 1,302,956 | 1,299,642 | 670,669 | |||||||
Stockholders' equity | 6,043,222 | 13,319,502 | 11,477,488 | |||||||
Invested Capital | 15,446,026 | 22,094,980 | 21,754,276 | |||||||
ROIC | 5.20% | 3.90% | 4.05% | |||||||
ROCE | 5.83% | 5.26% | 5.60% | |||||||
EV | ||||||||||
Common stock shares outstanding | 723,667 | 723,523 | 723,128 | |||||||
Price | 13.95 -5.49% | 14.76 -2.83% | 15.19 16.76% | |||||||
Market cap | 10,095,148 -5.47% | 10,679,205 -2.78% | 10,984,308 19.29% | |||||||
EV | 15,418,080 | 23,935,988 | 23,461,401 | |||||||
EBITDA | 977,392 | 855,021 | 873,392 | |||||||
EV/EBITDA | 15.77 | 27.99 | 26.86 | |||||||
Interest | 561,508 | 531,773 | 528,282 | |||||||
Interest/NOPBT | 57.51% | 62.27% | 60.56% |