Today, we have shortlisted 7 Canadian undervalued financial stocks that have low price-to-cash flow (P/CF) multiples for their trailing twelve months period (TTM) compared to the industry’s (S&P/TSX Capped Financials Index) P/CF of 9.4x. Moreover, these stocks have low risk in terms of low leverage (D/E) for the latest quarter compared to the industry average of 163%. During the past one month, these stocks have recorded daily average trading volumes in excess of 100,000.
|
Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
Average Volume |
Price Change (1-Month) |
Total Debt to Total Equity in % |
TTM P/CF |
|
GMP Capital Inc |
GMP |
TSX |
415.7 |
5.60 |
106,834 |
-7.1% |
61.8 |
1.9 |
|
Milestone Apartments Real Estate Investment Trust |
MST-U |
TSX |
637.7 |
11.92 |
229,634 |
0.7% |
146.4 |
4.9 |
|
Pure Industrial Real Estate Trust |
AAR-U |
TSX |
825.2 |
4.35 |
1,330,376 |
-2.2% |
100.0 |
7.1 |
|
Aston Hill Financial Inc |
AHF |
TSX |
77.3 |
0.86 |
164,206 |
-5.5% |
100.2 |
7.3 |
|
Canadian Apartment Properties REIT |
CAR-U |
TSX |
2,661.1 |
24.00 |
349,399 |
-3.9% |
93.8 |
8.8 |
|
Artis Real Estate Investment Trust |
AX-U |
TSX |
1,909.7 |
14.16 |
466,413 |
-9.8% |
97.9 |
9.0 |
|
Dream Global Real Estate Investment Trust |
DRG-U |
TSX |
884.1 |
8.11 |
501,270 |
-8.9% |
109.7 |
9.3 |
Source: Bloomberg
Company Description
GMP Capital Inc (TSX: GMP)
GMP Capital, Inc. is an independent diversified financial services firm headquartered in Toronto, Canada. The Company provides a wide range of financial products and services to a client base that includes corporate clients, institutional investors and high-net-worth individuals.
Milestone Apartments Real Estate Investment Trust (TSX: MST-U)
Milestone Apartments Real Estate Investment Trust owns and operates real estate properties. The Company’s portfolio consists of multifamily, garden-style residential properties located in markets throughout the southeast and southwest United States.
Pure Industrial Real Estate Trust (TSX: AAR-U)
Pure Industrial Real Estate Trust (PIRET) is a real estate investment trust. The Trust acquires, owns, and operates a diversified portfolio of income producing industrial properties in both primary markets across Canada.
Aston Hill Financial Inc (TSX: AHF)
Aston Hill Financial Inc. is a diversified asset management company. The Company offers a suite of retail mutual funds, closed end funds, private equity funds, hedge funds and institutional funds. Aston Hill Financial provides its services in Canada through its offices in Calgary, Toronto and Halifax.
Canadian Apartment Properties REIT (TSX: CAR-U)
Canadian Apartment Properties Real Estate Investment Trust is an internally managed unincorporated open-end real estate investment trust. The Trust is a fully internalized growth oriented investment trust owning freehold and leasehold interests in multi-unit residential properties including apartment buildings, townhouses and and manufactured home communities.
Artis Real Estate Investment Trust (TSX: AX-U)
Artis Real Estate Investment Trust is a real estate investment trust that acquires and maintains a portfolio of properties. The Company’s initial focus is on retail and industrial commercial properties located in Western Canada.
Dream Global Real Estate Investment Trust (TSX: DRG-U)
Dream Global Real Estate Investment Trust is a real estate investment trust formed to invest in real estate outside of Canada. The Company’s objectives are build a diversified, growth-oriented portfolio of commercial properties based on an initial portfolio in Germany.
