INO.UN Stock Intrinsic Value – Inovalis Real Estate Investment Trust Shares Dip Below 200 Day Moving Average of $4.36 in 2023.
March 11, 2023
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Shares of Inovalis Real Estate ($TSX:INO.UN) Investment Trust (Inovalis) have dropped below the 200-day moving average of $4.36 in 2023. This marks a significant milestone in the trust’s performance, as it was trading above the 200-day moving average for much of the past year. This drop has been a surprise to investors, as the trust had been performing well and had outperformed the market in previous years. The decline in the share price could be attributed to a number of factors, such as a decline in demand for real estate investment trusts or a shift in investor sentiment.
However, there could be other factors at play as well, such as macroeconomic conditions or changes in the broader market. It is important to note that this decline may be temporary and the trust could potentially regain its footing in the future. This indicates that investors may still have confidence in the trust’s long-term performance. As such, it is worth considering taking advantage of any dips in the share price to buy into the trust at a discounted rate.
Stock Price
After enjoying positive news and steady price increases over the past few years, the stock price suddenly dipped below the 200-day moving average of CA$4.36. The opening price was CA$4.2 and the closing price ended up dropping to CA$4.0, a decrease of 2.4%. This marks a major loss for investors who had been relying on Inovalis Real Estate Investment Trust as a reliable source of income. This could have a drastic effect on the company’s overall performance in the coming months and years, leaving investors uncertain about the stability of their investments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for INO.UN. More…
| Total Revenues | Net Income | Net Margin |
| 30.07 | -11.04 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for INO.UN. More…
| Operations | Investing | Financing |
| 5.64 | 6.78 | -32.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for INO.UN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 581.15 | 267.07 | 9.54 |
Key Ratios Snapshot
Some of the financial key ratios for INO.UN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 35.4% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – INO.UN Stock Intrinsic Value
However, the current share price of INOVALIS REAL ESTATE INVESTMENT TRUST stock is traded at CA$4.0, a fair price that is undervalued by 16.0%. More…
Peers
The company owns and operates office buildings in Canada and France. Inovalis Real Estate Investment Trust’s competitors include Cousins Properties Inc, Corporate Office Properties Trust, Allied Properties Real Estate Investment Trust, and others.
– Cousins Properties Inc ($NYSE:CUZ)
Cousins Properties Inc is a publicly traded real estate investment trust. The company is engaged in the development, acquisition, management and ownership of office, retail and mixed-use properties. As of December 31, 2020, the company owned and operated 54 properties totaling 16.4 million square feet.
– Corporate Office Properties Trust ($NYSE:OFC)
Corporate Office Properties Trust is a publicly traded real estate investment trust that specializes in the ownership, operation, and development of office properties. The company’s portfolio consists of more than 200 office properties, totaling over 26 million square feet of space. Corporate Office Properties Trust is headquartered in Maryland.
– Allied Properties Real Estate Investment Trust ($TSX:AP.UN)
Allied Properties Real Estate Investment Trust is a Canada-based real estate investment trust, which owns, manages and develops urban properties, primarily in the Greater Toronto Area, Montreal, Calgary and Vancouver. The company has a market cap of 3.33B as of 2022.
Summary
INOVALIS Real Estate Investment Trust (INOVALIS REIT) is a diversified real estate investment trust that owns and manages a portfolio of income-producing real estate assets. The Trust’s portfolio consists of office, retail, industrial and residential properties located primarily in Canada and Europe with a focus on the United Kingdom, France, Ireland and Germany. INOVALIS REIT has had a successful run in the markets over the past few years, growing its income stream and providing its investors with consistent returns. Despite this, INOVALIS REIT has continued to report solid financial performance and strong growth in net operating income during the period.
The Trust’s portfolio is supported by favourable market and economic fundamentals, such as low vacancy rates and favourable rental growth. With its strong financial performance, robust tenant roster and favourable market conditions, INOVALIS REIT should continue to provide attractive returns for investors in the years to come.
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