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Minto Apartment REIT (TSX:MI.UN) EV-to-EBITDA

: -18.39 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Minto Apartment REIT's enterprise value is C$1,514.8 Mil. Minto Apartment REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$-82.4 Mil. Therefore, Minto Apartment REIT's EV-to-EBITDA for today is -18.39.

The historical rank and industry rank for Minto Apartment REIT's EV-to-EBITDA or its related term are showing as below:

TSX:MI.UN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -58.14   Med: 11.25   Max: 102.8
Current: -18.39

During the past 9 years, the highest EV-to-EBITDA of Minto Apartment REIT was 102.80. The lowest was -58.14. And the median was 11.25.

TSX:MI.UN's EV-to-EBITDA is ranked worse than
100% of 603 companies
in the REITs industry
Industry Median: 15.27 vs TSX:MI.UN: -18.39

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-19), Minto Apartment REIT's stock price is C$14.75. Minto Apartment REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-2.924. Therefore, Minto Apartment REIT's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Minto Apartment REIT EV-to-EBITDA Historical Data

The historical data trend for Minto Apartment REIT's EV-to-EBITDA 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.

Minto Apartment REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.70 6.89 13.81 5.80 -19.08

Minto Apartment REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 5.80 7.65 -57.81 -39.46 -19.08

Competitive Comparison

For the REIT - Residential subindustry, Minto Apartment REIT's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Minto Apartment REIT EV-to-EBITDA Distribution

For the REITs industry and Real Estate sector, Minto Apartment REIT's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Minto Apartment REIT's EV-to-EBITDA falls into.



Minto Apartment REIT EV-to-EBITDA Calculation

Minto Apartment REIT's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1514.818/-82.391
=-18.39

Minto Apartment REIT's current Enterprise Value is C$1,514.8 Mil.
Minto Apartment REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-82.4 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.


Minto Apartment REIT  (TSX:MI.UN) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Minto Apartment REIT's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.75/-2.924
=At Loss

Minto Apartment REIT's share price for today is C$14.75.
Minto Apartment REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.924.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Minto Apartment REIT EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Minto Apartment REIT's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Minto Apartment REIT (TSX:MI.UN) Business Description

Traded in Other Exchanges
Address
200 - 180 Kent Street, Ottawa, ON, CAN, K1P 0B6
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in 32 multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.

Minto Apartment REIT (TSX:MI.UN) Headlines

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