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TSX

Allied Properties Real Estate Investment Trust

AP-UN.TOReal EstateREIT - Office
Current Price
$9.49
Today's Change
+3.60%
Market Cap
$1.33B
Volume
3.60M

💡 Quick Take

Allied is a prominent owner, manager, and developer of urban office spaces and data centers in Canada. A significant concern is its negative Funds From Operations (FFO) of -$1.33 billion, indicating financial strain, alongside a high net margin of -224.1%. However, the distribution yield is attractive at 11.53%, suggesting potential for income despite the financial challenges. The revenue growth is minimal at 0.1%, raising questions about future performance. Overall, while the high yield may attract investors, the underlying financial health warrants caution.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$22.27
52 Week Low$9.13
Avg Volume1.20M
Beta1.49
Shares Outstanding139.77M

🔥 Valuation

Market Cap$1.33B
FFO/Share$-9.48
Price/FFON/A
Distribution Yield11.53%
Property TypeOffice

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🚩 Red Flags

🚨

Negative FFO

Negative Funds From Operations indicates operational cash flow issues and unsustainable distributions.

📉

Negative Net Income

Negative net income may indicate operational challenges beyond typical REIT depreciation adjustments.

🌟 Opportunities

🚀

Attractive distribution yield of 11.53% offers compelling income opportunity for investors.

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