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InterRent Real Estate Investment Trust (IIPZF)
Key financial summary
Financials in CAD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CAD m | 160 | 185 | 216 | 237 | 246 | 249 | 247 |
| Operating profit | CAD m | 115 | 138 | |||||
| Net profit | CAD m | 151 | 370 | 104 | 92 | -156 | 18 | 5 |
| EPS reported | CAD | 0.13 | 0.03 | |||||
| Operating cashflow per share | CAD | 0.83 | 0.53 | |||||
| Capex per share | CAD | 0.00 | 0.11 | |||||
| FCF per share | CAD | 0.83 | 0.53 | |||||
| Free cash flow | CAD m | 86 | 74 | |||||
| Net debt | CAD m | 1,682 | 1,675 | |||||
| Book value equity | CAD m | 2,274 | 2,258 | |||||
| Book value per share | CAD | 22.07 | 16.15 | |||||
| Number of shares | m | 103.02 | 139.86 | |||||
| DPS (TTM paid) | CAD | 0.36 | 0.30 |
Financial summary
Financials in CAD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 101.41 | 398.05 | |||||
| P/B LTM | x | 0.60 | 0.84 | |||||
| P/S LTM | x | 5.45 | 7.66 | |||||
| P/FCF LTM | x | 15.79 | 25.58 | |||||
| EV/EBITDA LTM | x | 37.64 | 52.91 | |||||
| EV/Sales LTM | x | 12.21 | 14.43 | |||||
| Earnings Yield LTM | % | 0.99% | 0.25% | |||||
| FCF Yield | % | 6.33% | 3.91% | |||||
| Quality | ||||||||
| ROE | % | 0.81% | 0.20% | |||||
| ROIC | % | 2.80% | 3.43% | |||||
| Operating margin | % | 46.35% | 55.89% | |||||
| Gross margin | % | 65.41% | 71.04% | |||||
| FCF/Sales | % | 34.53% | 29.93% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | +1.08% | -0.02% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | +27.36% | +2.32% | |||||
| Operating Profit Growth | % | -30.05% | -16.26% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 4.14% | 2.21% | |||||
| Dividend Growth | % | -4.41% | - | |||||
| Payout Ratio | % | 419.22% | 1281.2% | |||||
| FCF/Debt | x | 0.05 | 0.04 | |||||
| Net Debt/EBITDA | x | 20.84 | 24.85 | |||||
| EBIT/Net interest | x | 1.88 | 2.23 | |||||
| Net debt/market cap | % | 123.97% | 88.50% | |||||
| Net debt/Equity | x | 0.74 | 0.74 | |||||
| Gross debt/equity | x | 0.74 | 0.74 | |||||
Company overview
InterRent Real Estate Investment Trust is a growth-focused entity committed to enhancing investor value and generating steadily increasing, sustainable cash distributions. This is achieved through the strategic acquisition and ownership of multi-residential properties. InterRent's expansion strategy targets markets characterized by stable vacancy rates, sufficient residential units to enable efficient portfolio management, and compelling opportunities for value-adding acquisitions. Guided by the proven industry experience of its Trustees, Management, and Operational Team, InterRent's primary goals are: (i) to boost both funds from operations per Unit and net asset value per Unit via investments in a diverse portfolio of multi-residential assets; (ii) to provide Unitholders with consistent and escalating monthly cash distributions; and (iii) to maintain a conservative payout ratio and a robust financial position.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
InterRent Real Estate Investment Trust (IIPZF)
InterRent Real Estate Investment Trust is a growth-focused entity committed to enhancing investor value and generating steadily increasing, sustainable cash distributions. This is achieved through the strategic acquisition and ownership of multi-residential properties. InterRent's expansion strategy targets markets characterized by stable vacancy rates, sufficient residential units to enable efficient portfolio management, and compelling opportunities for value-adding acquisitions. Guided by the proven industry experience of its Trustees, Management, and Operational Team, InterRent's primary goals are: (i) to boost both funds from operations per Unit and net asset value per Unit via investments in a diverse portfolio of multi-residential assets; (ii) to provide Unitholders with consistent and escalating monthly cash distributions; and (iii) to maintain a conservative payout ratio and a robust financial position.
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