Financials Flagship Communities Real Estate Investment Trust Toronto S.E.

Equities

MHC.UN

CA33843T1084

Residential REITs

Market Closed - Toronto S.E. 01:30:00 29/06/2024 am IST 5-day change 1st Jan Change
13.94 USD -0.43% Intraday chart for Flagship Communities Real Estate Investment Trust +2.12% -12.60%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 227.4 244.5 269.3 - -
Enterprise Value (EV) 2 227.4 244.5 675.6 678.9 269.3
P/E ratio - - - - -
Yield - - - - -
Capitalization / Revenue 3.87 x 3.44 x 3.17 x 2.9 x 2.75 x
EV / Revenue 3.87 x 3.44 x 7.96 x 7.31 x 2.75 x
EV / EBITDA 7.31 x 6.47 x 14.7 x 13.2 x 5.18 x
EV / FCF - 41.6 x 30.7 x 39.9 x -
FCF Yield - 2.4% 3.26% 2.5% -
Price to Book - - - - -
Nbr of stocks (in thousands) 14,141 15,492 19,402 - -
Reference price 3 21.80 20.92 19.00 19.00 19.00
Announcement Date 16/03/23 14/03/24 - - -
1CAD in Million2USD in Million3
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 30.51 8.304 43.08 58.8 71.05 84.92 92.82 98
EBITDA 1 - 4.239 22.88 31.11 37.8 45.93 51.37 52
EBIT - - - - - - - -
Operating Margin - - - - - - - -
Earnings before Tax (EBT) - - 60.01 - - - - -
Net income 1 48.66 - 60.01 - 65.1 30.16 30.35 -
Net margin 159.47% - 139.31% - 91.62% 35.52% 32.7% -
EPS - - - - - - - -
Free Cash Flow 1 - - - - 5.871 22 17 -
FCF margin - - - - 8.26% 25.91% 18.31% -
FCF Conversion (EBITDA) - - - - 15.53% 47.9% 33.09% -
FCF Conversion (Net income) - - - - 9.02% 72.94% 56.01% -
Dividend per Share - - - - - - - -
Announcement Date 28/09/20 19/03/21 16/03/22 16/03/23 14/03/24 - - -
1USD in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2
Net sales 12.19 13.69 17.38 18.15 - -
EBITDA 1 6.536 7.509 9.372 9.49 10.66 11.1
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 53.45 2.433 - - - -
Net income 53.45 2.433 - 28.98 - -
Net margin 438.41% 17.77% - 159.63% - -
EPS - - - - - -
Dividend per Share - - - - - -
Announcement Date 16/03/22 09/05/22 08/08/23 14/11/23 07/05/24 -
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - 406 410 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - - 8.844 x 7.972 x -
Free Cash Flow 1 - - - - 5.87 22 17 -
ROE (net income / shareholders' equity) - - - - - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 - 0.32 0.9 - - 2.2 2.1 -
Capex / Sales - 3.85% 2.08% - - 2.59% 2.26% -
Announcement Date 28/09/20 19/03/21 16/03/22 16/03/23 14/03/24 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

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