GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) » Definitions » EV-to-EBIT

Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) EV-to-EBIT

: -50.45 (As of Today)
View and export this data going back to 1997. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Canadian Apartment Properties Real Estate Investment Trust's Enterprise Value is C$14,192 Mil. Canadian Apartment Properties Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-281 Mil. Therefore, Canadian Apartment Properties Real Estate Investment Trust's EV-to-EBIT for today is -50.45.

The historical rank and industry rank for Canadian Apartment Properties Real Estate Investment Trust's EV-to-EBIT or its related term are showing as below:

TSX:CAR.UN' s EV-to-EBIT Range Over the Past 10 Years
Min: -703.17   Med: 11.87   Max: 85.81
Current: -50.45

During the past 13 years, the highest EV-to-EBIT of Canadian Apartment Properties Real Estate Investment Trust was 85.81. The lowest was -703.17. And the median was 11.87.

TSX:CAR.UN's EV-to-EBIT is ranked worse than
100% of 579 companies
in the REITs industry
Industry Median: 19.88 vs TSX:CAR.UN: -50.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Canadian Apartment Properties Real Estate Investment Trust's Enterprise Value for the quarter that ended in Dec. 2023 was C$15,250 Mil. Canadian Apartment Properties Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-281 Mil. Canadian Apartment Properties Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.84%.


Canadian Apartment Properties Real Estate Investment Trust EV-to-EBIT Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Apartment Properties Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.92 12.53 10.27 78.10 -54.26

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.10 -670.09 60.10 -90.55 -54.26

Competitive Comparison

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment Trust's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Apartment Properties Real Estate Investment Trust EV-to-EBIT Distribution

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's EV-to-EBIT falls into.



Canadian Apartment Properties Real Estate Investment Trust EV-to-EBIT Calculation

Canadian Apartment Properties Real Estate Investment Trust's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14192.015/-281.293
=-50.45

Canadian Apartment Properties Real Estate Investment Trust's current Enterprise Value is C$14,192 Mil.
Canadian Apartment Properties Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-281 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canadian Apartment Properties Real Estate Investment Trust  (TSX:CAR.UN) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Canadian Apartment Properties Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-281.293/15249.6472
=-1.84 %

Canadian Apartment Properties Real Estate Investment Trust's Enterprise Value for the quarter that ended in Dec. 2023 was C$15,250 Mil.
Canadian Apartment Properties Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-281 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canadian Apartment Properties Real Estate Investment Trust EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Canadian Apartment Properties Real Estate Investment Trust's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Headlines

No Headlines