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Minto Apartment REIT (TSX:MI.UN) Profitability Rank : 7 (As of Dec. 2023)


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What is Minto Apartment REIT Profitability Rank?

Minto Apartment REIT has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Minto Apartment REIT's Operating Margin % for the quarter that ended in Dec. 2023 was 55.97%. As of today, Minto Apartment REIT's Piotroski F-Score is 4.


Competitive Comparison of Minto Apartment REIT's Profitability Rank

For the REIT - Residential subindustry, Minto Apartment REIT's Profitability Rank, along with its competitors' market caps and Profitability Rank 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's Profitability Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Minto Apartment REIT's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Minto Apartment REIT's Profitability Rank falls into.



Minto Apartment REIT Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Minto Apartment REIT has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Minto Apartment REIT's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=22.548 / 40.286
=55.97 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Minto Apartment REIT has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Minto Apartment REIT Profitability Rank Related Terms

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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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