Boardwalk Real Estate Investment Trust (TSX:BEI.UN) GF Value Rank : 5 (As of May. 01, 2024)

View and export this data going back to 1995. Start your Free Trial

What is Boardwalk Real Estate Investment Trust GF Value Rank?

Boardwalk Real Estate Investment Trust has the GF Value Rank of 5.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Boardwalk Real Estate Investment Trust's GF Value Rank

For the REIT - Residential subindustry, Boardwalk Real Estate Investment Trust's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Boardwalk Real Estate Investment Trust's GF Value Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Boardwalk Real Estate Investment Trust's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Boardwalk Real Estate Investment Trust's GF Value Rank falls into.

Boardwalk Real Estate Investment Trust GF Value Rank Related Terms

Thank you for viewing the detailed overview of Boardwalk Real Estate Investment Trust's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Boardwalk Real Estate Investment Trust (TSX:BEI.UN) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

BOWFF:USA

Address

1501 - 1st Street S.W., Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1

Website

https://www.bwalk.com

Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.

Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Headlines

No Headlines