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 $5.6 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions which target newer properties and through the disposition of non-core assets, and 3) developing 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 | 3.9x | 8.5x | 9.1x | |
PEG Ratio | 0.05 | 0.05 | 0.01 | |
Price/Book | 0.7x | 0.7x | 0.9x | |
Price / LTM Sales | 5.7x | 3.9x | 3.9x | |
Upside (Analyst Target) | 15.5% | 15.8% | 13.4% | |
Fair Value Upside | Unlock | −5.0% | 0.3% | Unlock |