XTSEKMP.UN
Market cap1.42bUSD
Dec 24, Last price
17.09CAD
1D
0.29%
1Q
-18.74%
Jan 2017
43.13%
Name
Killam Apartment REIT
Chart & Performance
Profile
Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating, managing and developing a $3.6 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties, and 3) developing high-quality properties in its core markets.
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 | 349,960 6.42% | 328,847 13.04% | 290,917 11.17% | |||||||
Cost of revenue | 143,739 | 139,088 | 123,670 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 206,221 | 189,759 | 167,247 | |||||||
NOPBT Margin | 58.93% | 57.70% | 57.49% | |||||||
Operating Taxes | 33,158 | 18,813 | 42,393 | |||||||
Tax Rate | 16.08% | 9.91% | 25.35% | |||||||
NOPAT | 173,063 | 170,946 | 124,854 | |||||||
Net income | 266,323 117.38% | 122,516 -57.09% | 285,514 95.53% | |||||||
Dividends | (57,197) | (59,094) | (51,455) | |||||||
Dividend yield | 2.62% | 3.05% | 1.95% | |||||||
Proceeds from repurchase of equity | (137) | 92,202 | 592,769 | |||||||
BB yield | 0.01% | -4.75% | -22.51% | |||||||
Debt | ||||||||||
Debt current | 439,975 | 556,093 | 376,269 | |||||||
Long-term debt | 1,758,798 | 1,658,589 | 1,697,599 | |||||||
Deferred revenue | 2,586,199 | 6,376 | ||||||||
Other long-term liabilities | 75,736 | (2,518,812) | 94,481 | |||||||
Net debt | 2,184,686 | 2,205,432 | 2,073,433 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 139,734 | 125,331 | 140,860 | |||||||
CAPEX | (98,386) | (93,920) | (76,812) | |||||||
Cash from investing activities | (69,919) | (277,048) | (497,854) | |||||||
Cash from financing activities | (64,878) | 154,383 | 354,873 | |||||||
FCF | (4,808,893) | 154,817 | 142,248 | |||||||
Balance | ||||||||||
Cash | 14,087 | 9,150 | 435 | |||||||
Long term investments | 100 | |||||||||
Excess cash | ||||||||||
Stockholders' equity | 2,481,868 | 3,193,603 | 2,110,674 | |||||||
Invested Capital | 4,745,220 | 4,545,773 | 4,276,590 | |||||||
ROIC | 3.73% | 3.88% | 3.20% | |||||||
ROCE | 4.10% | 3.96% | 3.71% | |||||||
EV | ||||||||||
Common stock shares outstanding | 121,656 | 119,678 | 111,626 | |||||||
Price | 17.96 10.80% | 16.21 -31.28% | 23.59 37.87% | |||||||
Market cap | 2,184,942 12.63% | 1,939,980 -26.33% | 2,633,257 47.27% | |||||||
EV | 4,369,628 | 5,066,641 | 4,706,832 | |||||||
EBITDA | 206,890 | 190,332 | 167,820 | |||||||
EV/EBITDA | 21.12 | 26.62 | 28.05 | |||||||
Interest | 65,469 | 57,570 | 47,839 | |||||||
Interest/NOPBT | 31.75% | 30.34% | 28.60% |