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

Equities

MHC.UN

CA33843T1084

Residential REITs

Market Closed - Toronto S.E. 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
15.35 USD +1.66% Intraday chart for Flagship Communities Real Estate Investment Trust +1.05% -3.76%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 227.4 244.5 296.1 - -
Enterprise Value (EV) 1 227.4 244.5 296.1 296.1 296.1
P/E ratio - - - - -
Yield - - - - -
Capitalization / Revenue 3.87 x 3.44 x 3.49 x 3.21 x 3.02 x
EV / Revenue 3.87 x 3.44 x 3.49 x 3.21 x 3.02 x
EV / EBITDA 7.31 x 6.47 x 6.42 x 5.77 x 5.69 x
EV / FCF - - 12.9 x 17.4 x -
FCF Yield - - 7.77% 5.74% -
Price to Book - - - - -
Nbr of stocks (in thousands) 14,141 15,492 19,402 - -
Reference price 2 21.80 20.92 20.89 20.89 20.89
Announcement Date 3/16/23 3/14/24 - - -
1CAD in Million2
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 84.73 92.2 98
EBITDA 1 - 4.239 22.88 31.11 37.8 46.14 51.3 52
EBIT - - - - - - - -
Operating Margin - - - - - - - -
Earnings before Tax (EBT) - - 60.01 - - - - -
Net income 1 48.66 - 60.01 - 65.1 23 29 -
Net margin 159.47% - 139.31% - 91.62% 27.14% 31.45% -
EPS - - - - - - - -
Free Cash Flow 1 - - - - - 23 17 -
FCF margin - - - - - 27.14% 18.44% -
FCF Conversion (EBITDA) - - - - - 49.85% 33.14% -
FCF Conversion (Net income) - - - - - 100% 58.62% -
Dividend per Share - - - - - - - -
Announcement Date 9/28/20 3/19/21 3/16/22 3/16/23 3/14/24 - - -
1USD in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2023 Q2 2023 Q3 2024 Q1
Net sales 12.19 13.69 17.38 18.15 -
EBITDA 1 6.536 7.509 9.372 9.49 10.5
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 3/16/22 5/9/22 8/8/23 11/14/23 -
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - - - - - 23 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 -
Capex / Sales - 3.85% 2.08% - - 2.36% 2.17% -
Announcement Date 9/28/20 3/19/21 3/16/22 3/16/23 3/14/24 - - -
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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