European Residential Financials
| ERE-UN Stock | CAD 3.67 0.06 1.66% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Debt Equity Ratio | 4.51 | 2.9094 |
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| Current Ratio | 0.11 | 0.1137 |
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European | Select Account or Indicator |
Understanding current and past European Residential Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of European Residential's financial statements are interrelated, with each one affecting the others. For example, an increase in European Residential's assets may result in an increase in income on the income statement.
Please note, the presentation of European Residential's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, European Residential's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of European Residential's management manipulating its earnings.
European Residential Stock Summary
European Residential competes with BSR Real, Minto Apartment, Nexus Real, Morguard North, and Killam Apartment. ERES is an unincorporated, open-ended real estate investment trust. ERESs registered and principal business office is located at 11 Church Street, Suite 401, Toronto, Ontario M5E 1W1. EUROPEAN RESIDENTIAL operates under REITResidential classification in Canada and is traded on Toronto Stock Exchange.Specialization | Real Estate, Equity Real Estate Investment Trusts (REITs) |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA29880W1032 |
| Business Address | 11 Church Street, |
| Sector | Diversified REITs |
| Industry | Real Estate |
| Benchmark | Dow Jones Industrial |
| Website | www.eresreit.com |
| Phone | 416 861 9404 |
| Currency | CAD - Canadian Dollar |
You should never invest in European Residential without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of European Stock, because this is throwing your money away. Analyzing the key information contained in European Residential's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
European Residential Key Financial Ratios
European Residential's financial ratios allow both analysts and investors to convert raw data from European Residential's financial statements into concise, actionable information that can be used to evaluate the performance of European Residential over time and compare it to other companies across industries.| Return On Equity | -0.11 | ||||
| Profit Margin | (0.49) % | ||||
| Operating Margin | 0.68 % | ||||
| Price To Sales | 3.43 X | ||||
| Revenue | 95.68 M |
European Residential Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.4B | 1.5B | 1.9B | 1.9B | 1.7B | 1.2B | |
| Other Current Liab | 3.4M | 3.6M | 5.4M | 45.1M | 20.7M | 11.1M | |
| Net Debt | 614.1M | 699.5M | 875.0M | 954.0M | 985.6M | 579.3M | |
| Retained Earnings | (5.8M) | 103.5M | 190.0M | 295.7M | 170.6M | 102.7M | |
| Cash | 14.0M | 10.7M | 10.3M | 10.9M | 6.9M | 9.0M | |
| Other Current Assets | 13.4M | 2.2M | 470K | 1.1M | 2.2M | 2.8M | |
| Total Liab | 1.1B | 1.1B | 1.4B | 1.4B | 1.3B | 897.8M | |
| Total Current Assets | 28.3M | 14.0M | 14.0M | 15.4M | 11.9M | 13.6M | |
| Common Stock | 249.7M | 250.2M | 251.8M | 254.4M | 256.6M | 185.6M | |
| Other Liab | 18.5M | 32.9M | 87.5M | 77.5M | 89.1M | 46.1M | |
| Net Tangible Assets | 233.3M | 343.2M | 431.2M | 550.1M | 632.7M | 318.5M | |
| Accounts Payable | 968K | 384K | 2.6M | 2.9M | 1.9M | 1.9M | |
| Long Term Debt | 626.8M | 699.3M | 833.2M | 903.2M | 912.0M | 639.6M | |
| Net Receivables | 13.5M | 2.6M | 2.2M | 3.5M | 2.4M | 2.9M | |
| Inventory | (12.6M) | (42K) | 995K | 335K | 385.3K | 404.5K | |
| Net Invested Capital | 871.9M | 1.1B | 1.3B | 1.5B | 1.4B | 1.0B | |
| Short Long Term Debt | 1.2M | 11.0M | 52.1M | 61.9M | 80.5M | 84.6M | |
| Net Working Capital | (15.4M) | (18.2M) | (65.4M) | (96.0M) | (92.8M) | (88.2M) | |
| Short Term Debt | 1.2M | 11.0M | 52.1M | 61.9M | 80.5M | 84.6M | |
| Capital Stock | 249.7M | 250.2M | 251.8M | 254.4M | 256.6M | 239.1M |
European Residential Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 19.3M | 25.9M | 27.5M | 32.5M | 39.0M | 20.1M | |
| Operating Income | (24.1M) | 117.2M | (15.8M) | 60.2M | 66.3M | 69.6M | |
| Ebit | (24.1M) | 117.2M | (15.8M) | 60.2M | 70.3M | 73.9M | |
| Ebitda | (24.1M) | 117.7M | (15.3M) | 60.9M | 66.3M | 69.6M | |
| Income Before Tax | (5.2M) | 136.5M | 151.9M | 109.7M | (167.8M) | (159.4M) | |
| Net Income | (16.8M) | 118.7M | 96.1M | 116.4M | (114.2M) | (108.5M) | |
| Income Tax Expense | 11.6M | 17.8M | 55.7M | (6.7M) | (53.6M) | (50.9M) | |
| Tax Provision | 11.6M | 17.8M | 55.7M | (6.7M) | (53.6M) | (50.9M) | |
| Net Interest Income | (19.4M) | (26.3M) | (28.0M) | (33.2M) | (39.7M) | (37.8M) | |
| Total Revenue | 41.5M | 69.9M | 76.9M | 89.3M | 95.7M | 60.5M | |
| Gross Profit | 31.5M | 53.3M | 59.5M | 69.0M | 75.1M | 46.8M | |
| Cost Of Revenue | 10.0M | 16.6M | 17.4M | 20.3M | 20.6M | 13.8M |
European Residential Key Cash Accounts
Cash flow analysis captures how much money flows into and out of European Residential Real. It measures of how well European is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money European Residential brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money European had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what European Residential has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (367.6M) | (78.4M) | (191.2M) | (113.0M) | (21.3M) | (22.3M) | |
| Change In Cash | 11.7M | (3.3M) | (374K) | 541K | (4.0M) | (3.8M) | |
| Free Cash Flow | 14.6M | 30.3M | 34.7M | 34.8M | 35.2M | 21.3M | |
| Other Non Cash Items | 69.3M | (47.2M) | (102.6M) | (46.6M) | (8.5M) | (8.9M) | |
| Capital Expenditures | 8.4M | 10.9M | 19.4M | 24.0M | 20.0M | 11.4M | |
| Net Income | (16.8M) | 118.7M | 96.1M | 116.4M | (114.2M) | (108.5M) | |
| End Period Cash Flow | 14.0M | 10.7M | 10.3M | 10.9M | 6.9M | 9.0M | |
| Net Borrowings | 167.6M | 73.4M | 172.7M | 95.4M | 85.8M | 114.5M | |
| Depreciation | 43K | 506K | 481K | 717K | 238.9M | 250.9M | |
| Dividends Paid | 2.0M | 8.8M | 8.0M | 8.1M | 8.7M | 6.3M | |
| Change To Netincome | 30.1M | (77.2M) | (49.4M) | (61.7M) | (55.6M) | (52.8M) |
European Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining European Residential's current stock value. Our valuation model uses many indicators to compare European Residential value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across European Residential competition to find correlations between indicators driving European Residential's intrinsic value. More Info.European Residential Real is rated # 5 in return on equity category among its peers. It is rated # 4 in return on asset category among its peers . At present, European Residential's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value European Residential by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for European Residential's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.European Residential Real Systematic Risk
European Residential's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. European Residential volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on European Residential Real correlated with the market. If Beta is less than 0 European Residential generally moves in the opposite direction as compared to the market. If European Residential Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one European Residential Real is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of European Residential is generally in the same direction as the market. If Beta > 1 European Residential moves generally in the same direction as, but more than the movement of the benchmark.
European Residential Real Total Assets Over Time
Today, most investors in European Residential Stock are looking for potential investment opportunities by analyzing not only static indicators but also various European Residential's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of European Residential growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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European Residential November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of European Residential help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of European Residential Real. We use our internally-developed statistical techniques to arrive at the intrinsic value of European Residential Real based on widely used predictive technical indicators. In general, we focus on analyzing European Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build European Residential's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.1694 | |||
| Maximum Drawdown | 20.23 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 3.95 |
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When running European Residential's price analysis, check to measure European Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy European Residential is operating at the current time. Most of European Residential's value examination focuses on studying past and present price action to predict the probability of European Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move European Residential's price. Additionally, you may evaluate how the addition of European Residential to your portfolios can decrease your overall portfolio volatility.
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