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The REIT is an unincorporated open-ended trust governed by the laws of the Province of Manitoba. The REIT was formed to provide holders of Units with the opportunity to invest in the Canadian multi-family rental sector through the ownership of high-quality income-producing properties, with an initial focus on stable markets throughout Western Canada.
Source: TradingView
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Marwest Apartment Real Estate Investment Trust is a Canadian REIT that owns and operates multi-family residential rental properties. Long-term growth may be supported by steady rental demand, constrained housing supply in key markets and income from property renovations and selective acquisitions, which could support cash flow and distribution stability and may appeal to income-oriented investors.
Key risks include sensitivity to interest rates and financing costs, local market vacancy and rent fluctuations, and regulatory or portfolio concentration exposure that investors should monitor because they could compress cash flow.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|
| Type | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | 3.40M | 9.22M | -0.10M |
| Net income | 3.40M | 9.22M | -0.10M |
| Selling general administrative | 0.72M | 0.44M | 0.10M |
| Gross profit | 4.30M | 2.02M | - |
| Ebit | - | 1.58M | -0.20M |
| Ebitda | 5.47M | 10.08M | -0.10M |
| Operating income | 3.59M | 1.58M | -0.10M |
| Interest expense | 2.06M | 0.86M | 0.00M |
| Interest income | 0.05M | 0.01M | 0.00M |
| Net interest income | -2.19M | -0.77M | 0.00M |
| Total revenue | 7.17M | 3.34M | 0.00M |
| Total operating expenses | 3.58M | 1.76M | 0.10M |
| Cost of revenue | 2.87M | 1.32M | - |
| Total other income expense net | 2.01M | 8.40M | - |
| Net income from continuing ops | 3.40M | 9.22M | -0.10M |
| Net income applicable to common shares | 3.40M | 9.22M | -0.20M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|
| Type | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 131.81M | 91.42M | 0.47M |
| Other current assets | 0.19M | 0.11M | - |
| Total liab | 112.80M | 75.53M | 0.02M |
| Total stockholder equity | 19.01M | 15.89M | 0.46M |
| Other current liab | 9.82M | 9.52M | - |
| Common stock | - | 6.79M | 0.56M |
| Capital stock | - | 6.79M | 0.56M |
| Retained earnings | - | 9.10M | -0.10M |
| Other liab | 0.13M | 0.06M | - |
| Other assets | 3.37M | 1.59M | - |
| Cash | 1.42M | 4.22M | 0.47M |
| Total current liabilities | 11.94M | 11.48M | 0.02M |
| Net debt | 100.69M | 61.33M | - |
| Short long term debt | 1.39M | 1.56M | - |
| Property plant equipment | 126.80M | 85.50M | - |
| Total current assets | 1.64M | 4.34M | 0.47M |
| Net tangible assets | 19.01M | 15.89M | 0.46M |
| Net receivables | 0.03M | 0.01M | - |
| Long term debt | 100.73M | 63.99M | - |
| Accounts payable | 0.13M | 0.06M | 0.02M |
| Non current assets total | 130.17M | 87.08M | 0.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|
| Type | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | -9.41M | 0.08M | - |
| Change to liabilities | 0.00M | -0.16M | 0.03M |
| Total cashflows from investing activities | -9.41M | 0.08M | 0.08M |
| Net borrowings | 6.42M | -1.86M | -1.86M |
| Total cash from financing activities | 4.62M | 2.97M | 1.12M |
| Change to operating activities | - | -0.00M | -0.00M |
| Net income | 3.40M | 9.22M | -0.20M |
| Change in cash | -2.79M | 3.75M | 0.94M |
| Begin period cash flow | 4.22M | 0.47M | 0.00M |
| End period cash flow | 1.42M | 4.22M | 0.47M |
| Total cash from operating activities | 1.99M | 0.69M | -0.17M |
| Issuance of capital stock | 0.00M | 5.27M | 0.70M |
| Other cashflows from investing activities | -0.03M | -0.02M | -0.02M |
| Dividends paid | 0.13M | 0.13M | 0.13M |
| Change to account receivables | -0.01M | 0.04M | 0.04M |
| Sale purchase of stock | -0.15M | - | - |
| Other cashflows from financing activities | -1.51M | -0.44M | -0.28M |
| Change to netincome | - | -8.41M | -8.41M |
| Capital expenditures | 0.17M | 0.10M | 0.00M |
| Change in working capital | 0.41M | -0.13M | 0.02M |
| Stock based compensation | 0.05M | 0.05M | - |
| Other non cash items | 2.19M | -1.11M | - |
| Free cash flow | 1.82M | 0.59M | -0.09M |
Sector: Real Estate Industry: REIT - Residential
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MAR-UN Marwest Apartment Real Estate Investment Trust |
- -% |
0.80 | 1.46 | - | 0.73 | 0.27 | 10.98 | 13.49 |
The REIT is an unincorporated open-ended trust governed by the laws of the Province of Manitoba. The REIT was formed to provide holders of Units with the opportunity to invest in the Canadian multi-family rental sector through the ownership of high-quality income-producing properties, with an initial focus on stable markets throughout Western Canada.
220 Portage Avenue, Winnipeg, MB, Canada, R3C 0A5
| Name | Title | Year Born |
|---|---|---|
| Mr. William C. Martens | CEO & Trustee | 1976 |
| Ms. Jennifer Nazimek | CFO & Sec. | 1979 |
| Mr. Armin W. Martens | Exec. Vice-Pres | 1986 |
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