CDPYF Return-on-Tangible-Equity: -8.48% (As of Mar. 2026)


CDPYF Canadian Apartment Properties Real Estate Investment Trust CDPYF
73 GF Score
Price $25.28
GF Value $31.62
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Canadian Apartment Properties Real Estate Investment Trust Return-on-Tangible-Equity?

Canadian Apartment Properties Real Estate Investment Trust CDPYF +2.69% 73 Return-on-Tangible-Equity is -8.48% as of Mar. 2026. GuruFocus rates CDPYF with a GF Score™ of 73/100 and a GF Value™ of $31.62 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 933 REITs companies, Canadian Apartment Properties Real Estate Investment Trust ranks worse than 79.96% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Canadian Apartment Properties Real Estate Investment Trust's annualized net income for the quarter that ended in Mar. 2026 was $-531.9 Mil. Canadian Apartment Properties Real Estate Investment Trust's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $6,270.4 Mil. Therefore, Canadian Apartment Properties Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -8.48%.

The historical rank and industry rank for Canadian Apartment Properties Real Estate Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:

CDPYF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.27   Med: 10.87   Max: 21.67
Current: 0.08

During the past 13 years, Canadian Apartment Properties Real Estate Investment Trust's highest Return-on-Tangible-Equity was 21.67%. The lowest was -4.27%. And the median was 10.87%.

CDPYF's Return-on-Tangible-Equity is ranked worse than
79.96% of 933 companies
in the REITs industry
Industry Median: 6.26 vs CDPYF: 0.08

Canadian Apartment Properties Real Estate Investment Trust  (OTCPK:CDPYF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Canadian Apartment Properties Real Estate Investment Trust Return-on-Tangible-Equity Related Terms


Canadian Apartment Properties Real Estate Investment Trust Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust's Return-on-Tangible-Equity 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.

Canadian Apartment Properties Real Estate Investment Trust Return-on-Tangible-Equity Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.19 0.13 -4.30 3.10 2.25

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial 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 0.35 3.42 1.18 4.03 -8.48

CDPYF vs AVB, EQR, ESS: Return-on-Tangible-Equity Comparison

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's Return-on-Tangible-Equity falls into.


CDPYF
73GF Score
Canadian Apartment Properties Real Estate Investment Trust CDPYF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Apartment Properties Real Estate Investment Trust Return-on-Tangible-Equity Calculation

Canadian Apartment Properties Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=142.842/( (6336.29+6350.994 )/ 2 )
=142.842/6343.642
=2.25 %

Canadian Apartment Properties Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-531.932/( (6350.994+6189.887)/ 2 )
=-531.932/6270.4405
=-8.48 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -8.48% mean?
Canadian Apartment Properties Real Estate Investment Trust (CDPYF) has a Return-on-Tangible-Equity of -8.48% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Canadian Apartment Properties Real Estate Investment Trust and its competitors. According to the industry distribution chart, Canadian Apartment Properties Real Estate Investment Trust ranks #746 out of 933 companies in the REITs industry, placing it in the top 80%.
Is Canadian Apartment Properties Real Estate Investment Trust's Return-on-Tangible-Equity too high?
Canadian Apartment Properties Real Estate Investment Trust's current Return-on-Tangible-Equity is -8.48%. Based on the distribution chart, Canadian Apartment Properties Real Estate Investment Trust ranks #746 out of 933 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Canadian Apartment Properties Real Estate Investment Trust has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Apartment Properties Real Estate Investment Trust's Return-on-Tangible-Equity compare to AVB and EQR?
According to the REITs industry distribution chart, Canadian Apartment Properties Real Estate Investment Trust ranks #746 out of 933 companies for Return-on-Tangible-Equity. This places Canadian Apartment Properties Real Estate Investment Trust in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.26, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Canadian Apartment Properties Real Estate Investment Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Apartment Properties Real Estate Investment Trust's current Return-on-Tangible-Equity is -8.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Apartment Properties Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Canadian Apartment Properties Real Estate Investment Trust (CDPYF) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.62, compared to a current price of $25.28 — trading 20.1% below its estimated fair value. The current Return-on-Tangible-Equity is -8.48%. Canadian Apartment Properties Real Estate Investment Trust's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Canadian Apartment Properties Real Estate Investment Trust (CDPYF), the current Return-on-Tangible-Equity is -8.48% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian Apartment Properties Real Estate Investment Trust (CDPYF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Apartment Properties Real Estate Investment Trust stock appears to be undervalued. The current stock price of $25.28 is trading 20.1% below its estimated GF Value™ of $31.62. GuruFocus considers Canadian Apartment Properties Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for CDPYF:

  • Return-on-Tangible-Equity: -8.48%
  • GF Value™: $31.62 vs. price of $25.28 (20.1% below fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the CDPYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian Apartment Properties Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 0OJ:GermanyCAR.UN:Canada
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. It owns and manages interests in multi-unit residential rental properties, principally located in and near urban centres across Canada, and to a lesser extent, in the Netherlands. The company operates in the following reportable segments: Canada and Europe. The majority of its revenue is derived from its income-producing real estate properties located in Canada.
73GF Score

Get the complete analysis for CDPYF

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.28
Price
$31.62
GF Value