Automotive Properties REIT (TSE:APR.UN)

Affiliate Disclosure

Automotive Properties REIT is an owner of automotive dealership properties in key Canadian urban centres. It is an open-ended, growth-oriented REIT. The Dilawri Group, AutoCanada Inc., Drive Auto Group, Go Auto, Mierens Automotive Group, and Pfaff Auto Group are a few of Automotive Properties’ leading tenants. The REIT is in a good position to gain from the booming automotive retail industry which is Canada’s largest retail segment.

Its portfolio comprises of 61 income-producing automotive properties located in more than 190 acres across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec. Automotive Properties REIT has attractive leasing profile with 13.7 years of weighted average lease term.

The REIT’s property leases are structured as triple-net leases under which the tenant is responsible for all costs relating to repair and maintenance, taxes, insurance, and other non-structural improvements. Automotive Properties’ tenants include 32 global brands in the mass market and ultra luxury segments, with a focus on Euro and Asian brands.

Automotive Properties REIT Stock Details

  • Ticker: tse:apr.un
  • Sector: Real Estate
  • Industry: REIT - Diversified
  • Market Cap: 0.41B
  • Market Cap Group: Small Cap
  • P/E: 6.43
  • Dividend Yield: 7.81%

APR.UN Industry Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Yield Aristocrat Graph SectorID IndustryID
HR.UN TSE:HR.UN H&R REIT 2.56 0.00 6.15 NO 1 10 120
CRR.UN TSE:CRR.UN Crombie REIT 1.45 901.80 6.59 NO 1 10 120
AX.UN TSE:AX.UN Artis REIT 0.69 0.00 9.45 NO 1 10 120
APR.UN TSE:APR.UN Automotive Properties REIT 0.41 6.43 7.81 NO 1 10 120
MRT.UN TSE:MRT.UN Morguard REIT 0.35 0.00 4.46 NO 1 10 120
PRV.UN TSE:PRV.UN PROREIT 0.33 10.58 8.08 NO 1 10 120
BTB.UN TSE:BTB.UN BTB REIT 0.26 7.11 9.97 NO 1 10 120
FCD.UN TSE:FCD.UN Firm Capital Property Trust 0.18 10.30 10.72 NO 1 10 120
TNT.UN TSE:TNT.UN True North Commercial REIT 0.14 0.00 0.00 NO 1 10 120
MPCT.UN TSE:MPCT.UN Dream Impact Trust REIT 0.11 0.00 9.93 NO 1 10 120
SOT.UN TSE:SOT.UN Slate Office REIT 0.07 0.00 0.00 NO 1 10 120
MR.UN TSE:MR.UN Melcor REIT 0.05 8.53 11.74 NO 1 10 120

Automotive Properties REIT - FAQ

What is the stock ticker for Automotive Properties REIT?

The stock ticker for Automotive Properties REIT is TSE:apr.un.

Is Automotive Properties REIT a good stock to buy?

You need to consider your investment strategy and how TSE:apr.un can fit in your portfolio.

The current dividend income score of 6/10 and dividend growth score of 2/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is Automotive Properties REIT a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 53 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.

How can I buy stocks for Automotive Properties REIT?

You can easily buy the APR.UN stock with an online trading platform.

Just make sure the stock fits your risk profile and investment goals.

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