Northview Residential Reit Stock Current Valuation
| NRR-UN Stock | 14.85 0.10 0.68% |
Valuation analysis of Northview Residential helps investors to measure Northview Residential's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At present, Northview Residential's Free Cash Flow is projected to decrease significantly based on the last few years of reporting. The current year's Other Non Cash Items is expected to grow to about 20.5 M, whereas Cash is forecasted to decline to about 21.7 M. Fundamental drivers impacting Northview Residential's valuation include:
Price Book 0.6641 | Enterprise Value 2.2 B | Enterprise Value Ebitda 20.4936 | Price Sales 1.9398 | Trailing PE 40.1351 |
Fairly Valued
Today
Please note that Northview Residential's price fluctuation is very steady at this time. Calculation of the real value of Northview Residential is based on 3 months time horizon. Increasing Northview Residential's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Northview Residential is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Northview Stock. However, Northview Residential's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 14.85 | Real 14.33 | Hype 14.85 |
The real value of Northview Stock, also known as its intrinsic value, is the underlying worth of Northview Residential Company, which is reflected in its stock price. It is based on Northview Residential's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Northview Residential's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Northview Residential REIT helps investors to forecast how Northview stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Northview Residential more accurately as focusing exclusively on Northview Residential's fundamentals will not take into account other important factors: Northview Residential REIT Company Current Valuation Analysis
Northview Residential's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Northview Residential Current Valuation | 2.18 B |
Most of Northview Residential's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northview Residential REIT is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Northview Residential REIT has a Current Valuation of 2.18 B. This is 85.64% lower than that of the Oil, Gas & Consumable Fuels sector and 88.87% lower than that of the Energy industry. The current valuation for all Canada stocks is 86.9% higher than that of the company.
Northview Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northview Residential's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northview Residential could also be used in its relative valuation, which is a method of valuing Northview Residential by comparing valuation metrics of similar companies.Northview Residential is currently under evaluation in current valuation category among its peers.
Northview Fundamentals
| Current Valuation | 2.18 B | ||||
| Shares Outstanding | 3.71 M | ||||
| Number Of Shares Shorted | 1.27 K | ||||
| Price To Book | 0.66 X | ||||
| Price To Sales | 1.94 X | ||||
| Revenue | 228.47 M | ||||
| Net Income | 163.03 M | ||||
| Total Debt | 590.21 M | ||||
| Cash Flow From Operations | 44.32 M | ||||
| Short Ratio | 0.24 X | ||||
| Earnings Per Share | 0.37 X | ||||
| Target Price | 17.83 | ||||
| Market Capitalization | 586 M | ||||
| Total Asset | 2.75 B | ||||
| Working Capital | (692.11 M) | ||||
| Annual Yield | 5,917 % | ||||
| Net Asset | 2.75 B |
About Northview Residential Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northview Residential REIT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northview Residential using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northview Residential REIT based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Northview Residential
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northview Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northview Residential will appreciate offsetting losses from the drop in the long position's value.Moving against Northview Stock
| 0.88 | PTFY | Plantify Foods | PairCorr |
| 0.81 | TD | Toronto Dominion Bank | PairCorr |
| 0.72 | NTR | Nutrien | PairCorr |
| 0.67 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.66 | MFC-PM | Manulife Financial Corp | PairCorr |
The ability to find closely correlated positions to Northview Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northview Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northview Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northview Residential REIT to buy it.
The correlation of Northview Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northview Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northview Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northview Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Northview Stock
Northview Residential financial ratios help investors to determine whether Northview Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northview with respect to the benefits of owning Northview Residential security.