Minto Apartment Real Estate Investment Trust chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.29
Dividend & Yield0.47C$ (3.47%)
Beta 0.99
Market capitalization 532.93M
Operating cash flow 77.28M
ESG Scores unknown

Company description

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton. Minto Apartment Real Estate Investment Trust was founded in 2018 and is headquartered in Ottawa, Canada.

Sector: Real Estate - Industry: REIT—Residential

Financial Ratios
Quick Ratio0.44
Working Capital-0.92
Return On Equity0.09
Debt To Equity0.74
Fixed Asset Ratio-0.12
Fixed Interest Cover1.99

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 8.35M -2.5M -4.4M 1.73M
Total Cashflows From Investing Activities -35.18M -610.48M -51.24M -153.11M
Net Borrowings -416.6M 201.5M 38.74M 51.14M
Total Cash From Financing Activities -21.37M 557.68M -17.94M 81.24M
Change To Operating Activities 4.1M -3.4M 893k 120k
Issuance Of Stock 425.75M 399.44M 82.73M 82.73M
Net Income 98.78M 19.97M 179.64M 94.16M
Change In Cash 1.78M 1.04M 679k 244k
Effect Of Exchange Rate
Total Cash From Operating Activities 58.33M 53.83M 69.86M 72.12M
Depreciation
Change To Account Receivables -1.8M -838k -223k -9k
Other Cashflows From Financing Activities -25.17M -33.23M -40.54M -35.77M
Change To Netincome -51.28M 40.29M -106.6M -24.53M
Capital Expenditures

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 98.78M 19.97M 179.64M 94.16M
Net Income 98.78M 19.97M 179.64M 94.16M
Selling General Administrative 4.53M 5.61M 6.63M 7.6M
Gross Profit 52.22M 65.3M 78.62M 76.25M
Ebit 47.53M 59.37M 72.23M 68.51M
Operating Income 47.53M 59.37M 72.23M 68.51M
Interest Expense -25.83M -30.57M -38.62M -34.45M
Income Tax Expense
Total Revenue 84.95M 104.44M 124.93M 123.55M
Cost Of Revenue 32.73M 39.14M 46.31M 47.3M
Total Other Income ExpenseNet 51.25M -39.4M 107.4M 25.65M
Net Income From Continuing Ops 98.78M 19.97M 179.64M 94.16M
Net Income Applicable To Common Shares 98.78M 19.97M 179.64M 94.16M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 948.67M 1.36B 1.35B 1.43B
Total Stockholder Equity 258.25M 686.77M 850.22M 1.01B
Other Current Liabilities 4.55M 3.04M 11.38M 13.04M
Total Assets 1.21B 2.05B 2.2B 2.44B
Common Stock 212.08M 631.43M 631.43M 714.12M
Other Current Assets 7.23M 9.18M 18.54M 11.59M
Retained Earnings 46.17M 55.34M 218.79M 295.88M
Treasury Stock
Cash 892k 1.93M 2.61M 2.85M
Total Current Liabilities 24.42M 47.39M 97.94M 182.25M
Other Stockholder Equity
Property, Plant, and Equipment 1.2B 2B 2.12B 2.33B
Total Current Assets 9.11M 32.86M 65.18M 79.84M
Net Tangible Assets 258.25M 686.77M 850.22M 1.01B
Net Receivables 989k 21.75M 44.04M 65.4M
Accounts Payable 4.84M 5.57M 8.35M 9.15M


Insider Transactions

Here are the insider transactions of stock shares related to Minto Apartment Real Estate Investment Trust:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Li (Jonathan Mark)Acquisition or disposition in the public market at price 9.27 per share.D2022-09-30Senior Officer of Issuer7.78k
MacMullin (Roderick Glen)Acquisition or disposition in the public market at price 9.14 per share.D2022-09-29Senior Officer of Issuer15k
MacMullin (Roderick Glen)Acquisition or disposition in the public market at price 9.42 per share.D2022-09-28Senior Officer of Issuer50k
Baron (Paul)Acquisition or disposition in the public market at price 9.46 per share.D2022-09-27Senior Officer of Issuer2.5k
Greenberg (Roger)Acquisition or disposition in the public market at price 9.33 per share.D2022-09-27Director of Issuer750
Greenberg (Roger)Acquisition or disposition in the public market at price 9.32 per share.D2022-09-27Director of Issuer550
Greenberg (Roger)Acquisition or disposition in the public market at price 9.31 per share.D2022-09-27Director of Issuer450
Greenberg (Roger)Acquisition or disposition in the public market at price 9.31 per share.D2022-09-27Director of Issuer150
Greenberg (Roger)Acquisition or disposition in the public market at price 9.22 per share.D2022-09-27Director of Issuer138.1k
Greenberg (Roger)Acquisition or disposition in the public market at price 9.21 per share.D2022-09-27Director of Issuer950
Greenberg (Roger)Acquisition or disposition in the public market at price 9.17 per share.D2022-09-27Director of Issuer700
Greenberg (Roger)Acquisition or disposition in the public market at price 9.16 per share.D2022-09-27Director of Issuer200
Greenberg (Roger)Acquisition or disposition in the public market at price 9.16 per share.D2022-09-27Director of Issuer50
Baron (Paul)Acquisition or disposition in the public market at price 9.71 per share.D2022-09-27Senior Officer of Issuer3.12k
Baron (Paul)Acquisition or disposition in the public market at price 9.57 per share.D2022-09-27Senior Officer of Issuer375
Greenberg (Roger)Acquisition or disposition in the public market at price 9.34 per share.D2022-09-26Director of Issuer2.8k
Greenberg (Roger)Acquisition or disposition in the public market at price 9.59 per share.D2022-09-26Director of Issuer233
Greenberg (Roger)Acquisition or disposition in the public market at price 9.57 per share.D2022-09-26Director of Issuer233
Greenberg (Roger)Acquisition or disposition in the public market at price 9.58 per share.D2022-09-26Director of Issuer400
Greenberg (Roger)Acquisition or disposition in the public market at price 9.58 per share.D2022-09-26Director of Issuer167
Greenberg (Roger)Acquisition or disposition in the public market at price 9.59 per share.D2022-09-26Director of Issuer167
Greenberg (Roger)Acquisition or disposition in the public market at price 9.59 per share.D2022-09-26Director of Issuer100
Greenberg (Roger)Acquisition or disposition in the public market at price 9.61 per share.D2022-09-26Director of Issuer132k
Greenberg (Roger)Acquisition or disposition in the public market at price 9.61 per share.D2022-09-26Director of Issuer33
Minto Apartment Real Estate Investment TrustD2022-09-16Issuer29.71k
Minto Apartment Real Estate Investment TrustD2022-09-09Issuer30.49k
Minto Apartment Real Estate Investment TrustD2022-09-09Issuer61.84k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.71 per share.D2022-09-09Issuer14.2k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.56 per share.D2022-09-08Issuer15.51k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.47 per share.D2022-09-07Issuer15.51k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.34 per share.D2022-09-06Issuer15.51k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.40 per share.D2022-09-02Issuer15.42k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.20 per share.D2022-09-01Issuer15.4k
Minto Apartment Real Estate Investment TrustD2022-08-31Issuer60.19k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.46 per share.D2022-08-31Issuer15.3k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.62 per share.D2022-08-30Issuer15.2k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.70 per share.D2022-08-29Issuer15.01k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.72 per share.D2022-08-26Issuer15.01k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 12.09 per share.D2022-08-25Issuer15.01k
Minto Apartment Real Estate Investment TrustRedemption, retraction, cancelation, repurchase at price 11.93 per share.D2022-08-24Issuer15.16k
Tovey (Martin)Acquisition or disposition in the public market at price 12.13 per share.D2022-08-15Senior Officer of Issuer6.35k
Fu (Edward)Acquisition or disposition in the public market at price 11.33 per share.D2022-06-24Senior Officer of Issuer1.4k
Greenberg (Roger)Acquisition or disposition in the public market at price 14.19 per share.D2022-05-13Director of Issuer1.04k
Greenberg (Roger)Acquisition or disposition in the public market at price 13.85 per share.D2022-05-12Director of Issuer86.1k
Greenberg (Roger)Acquisition or disposition in the public market at price 13.69 per share.D2022-05-11Director of Issuer51.9k
Li (Jonathan Mark)Acquisition or disposition in the public market at price 13.66 per share.D2022-05-09Senior Officer of Issuer39.3k
Kimberley (Allan Scott)Acquisition or disposition in the public market at price 13.59 per share.I2022-05-09Director of Issuer2k
Kimberley (Allan Scott)Acquisition or disposition in the public market at price 13.61 per share.I2022-05-09Director of Issuer6k
Kimberley (Allan Scott)Acquisition or disposition in the public market at price 13.61 per share.I2022-05-09Director of Issuer7k
Kimberley (Allan Scott)Acquisition or disposition in the public market at price 13.61 per share.I2022-05-09Director of Issuer7k
Kimberley (Allan Scott)Acquisition or disposition in the public market at price 13.61 per share.D2022-05-09Director of Issuer3k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Minto Apartment Real Estate Investment Trust. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Minto Apartment Real Estate Investment Trust

Here is the result of two systematic investment strategies applied to Minto Apartment Real Estate Investment Trust. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Minto Apartment Real Estate Investment Trust

The following chart shows the equity curve of the two systematic investment strategies applied to Minto Apartment Real Estate Investment Trust:

Minto Apartment Real Estate Investment Trust automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -17.19% on the backtest period.

Performance at glance

Performance

-17.19 %

Latent gain

-130.21 C$

Invested capital

757.51 C$

Annualized return

-13.02 %
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Momentum strategy results on Minto Apartment Real Estate Investment Trust

This is the result of two momentum investment strategies applied to Minto Apartment Real Estate Investment Trust. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Minto Apartment Real Estate Investment Trust

The following chart shows all the entries opened by the momentum investment system on Minto Apartment Real Estate Investment Trust:

Minto Apartment Real Estate Investment Trust momentum entries
  • The first momentum investment strategy would give -15.14% of return on Minto Apartment Real Estate Investment Trust. That represents -266.6C$ of latent gain with 1761.05C$ of employed capital.
  • The second momentum investment strategy would give -16.83% of return on Minto Apartment Real Estate Investment Trust. That represents -253.9C$ of latent gain with 1508.5C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-15.14 %

Latent gain

-266.6 C$

Invested capital

1761.05 C$

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

-16.83 %

Latent gain

-253.9 C$

Invested capital

1508.5 C$

Annualized return

-20.04 %

Momentum equity curve on Minto Apartment Real Estate Investment Trust

The following chart shows the equity curve of the two momentum strategies applied to Minto Apartment Real Estate Investment Trust:

Minto Apartment Real Estate Investment Trust momentum equity

Note: the dividends potentially given by Minto Apartment Real Estate Investment Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Minto Apartment Real Estate Investment Trust

The following chart shows the employed capital evolution of the two momentum strategies on Minto Apartment Real Estate Investment Trust since the beginning:

Minto Apartment Real Estate Investment Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on Minto Apartment Real Estate Investment Trust

Buy the dip entry openings on Minto Apartment Real Estate Investment Trust

Minto Apartment Real Estate Investment Trust

The performance achieved by the robo-advisor on Minto Apartment Real Estate Investment Trust is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows Minto Apartment Real Estate Investment Trust stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Minto Apartment Real Estate Investment Trust, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Equity curve of the strategy applied to Minto Apartment Real Estate Investment Trust

The following chart shows the result of the investment strategy applied to Minto Apartment Real Estate Investment Trust:

Minto Apartment Real Estate Investment Trust

Note: the dividends potentially given by Minto Apartment Real Estate Investment Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Minto Apartment Real Estate Investment Trust

The following chart shows the employed capital evolution since the beginning of the investment strategy on Minto Apartment Real Estate Investment Trust:

Minto Apartment Real Estate Investment Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Minto Apartment Real Estate Investment Trust

In this section, I will compare the three previous investment strategies applied to Minto Apartment Real Estate Investment Trust.

Equity curve comparison on Minto Apartment Real Estate Investment Trust

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Minto Apartment Real Estate Investment Trust investment strategy comparison

Employed capital comparison on Minto Apartment Real Estate Investment Trust

Minto Apartment Real Estate Investment Trust investment comparison

Performance comparison on Minto Apartment Real Estate Investment Trust

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -17.19% -130.21C$ 757.51C$ -13.02%
Momentum 1 quarter -15.14% -266.6C$ 1761.05C$ -14.02%
Momentum 2 quarters -16.83% -253.9C$ 1508.5C$ -20.04%
Non-directional 0% 0.0C$ 0.0C$ -0.0%
Annualized return comparison

Automatic investment

-13.02 %

Momentum 1Q

-20.04 %

Momentum 2Q

-20.04 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Minto Apartment Real Estate Investment Trust:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Minto Apartment Real Estate Investment Trust and the other stocks. There may be false positives or some missing correlated stocks. If the price of Minto Apartment Real Estate Investment Trust does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Minto Apartment Real Estate Investment Trust
Country Canada
City Ottawa
Address 180 Kent Street
Phone 613-230-7051
Website www.mintoapartments.com
FullTime employees
Industry REIT—Residential
Sector Real Estate
Exchange XTSE
Ticker MI-UN.XTSE
Market

Minto Apartment Real Estate Investment Trust ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown