Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $5.5 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increase earnings from its existing portfolio; 2) expand the portfolio and diversify geographically through accretive acquisitions which target newer properties and through the disposition of non-core assets; and 3) develop high-quality properties in its core markets.
Metrics to compare | KMP_u | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipKMP_uPeersSector | |
---|---|---|---|---|
P/E Ratio | 3.8x | 5.2x | 8.9x | |
PEG Ratio | 0.05 | −0.13 | 0.01 | |
Price/Book | 0.7x | 0.8x | 0.9x | |
Price / LTM Sales | 5.8x | 5.2x | 3.9x | |
Upside (Analyst Target) | 24.0% | 21.4% | 12.8% | |
Fair Value Upside | Unlock | 1.0% | 0.4% | Unlock |