Automotive Properties Real Estate Investment Trust - APR-UN.TO

APR-UN.TO Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
APR-UN.TO	-1.0	-3.0	-6.8	8.5	17.4	16.1	-11.1	-1.5	18.2	18.2
S&P 500	0.1	-1.5	0.6	5.2	11.2	29.7	25.6	89.1	187.9	33301.8

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	APR-UN.TO
name	Automotive Properties Real Estate Investment Trust
price	11.82
changes percentage	-1.00
change	-0.12
day low	11.70
day high	11.87
year high	12.78
year low	9.69
market cap	580244982
price avg 50	12.30
price avg 200	10.78
exchange	TSX
volume	13023
avg volume	26563
open	11.82
previous close	11.94
eps	0.84
pe	14.07
earnings announcement	2024-11-13T00:00:00.000+0000
shares outstanding	49090100
timestamp	2024-11-19 16:19:48

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 23.7%

Overall Quarterly Financial Health: 63.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	92484000	82861000	11.61
gross profit	78413000	70575000	11.11
gross profit ratio	0.85	0.85	-0.45
research and development expenses	0	1.01	-100.00
operating expenses	78413000	5561000	1,310.05
interest income	0	8042000	-100.00
interest expense	24476000	17957000	36.30
ebitda	75467000	77608000	-2.76
ebitdaratio	0.82	0.94	-12.88
operating income	87079000	41300000	110.85
operating income ratio	0.94	0.5	88.91
net income	50991000	119673000	-57.39
net income ratio	0.55	1.44	-61.82
eps	1.04	2.44	-57.38

Overall Score of Annual Income Statement

None

Detailed Analysis

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
revenue	23515000	23413000	0.44
gross profit	19824000	19843000	-0.10
gross profit ratio	0.84	0.85	-0.53
research and development expenses	0	0	NaN
operating expenses	1397000	-9120000	115.32
interest income	0	0	NaN
interest expense	6334000	6325000	0.14
ebitda	20979000	27226000	-22.94
ebitdaratio	0.89	1.24	-27.88
operating income	-1664000	28963000	-105.75
operating income ratio	-0.07	1.24	-105.72
net income	37288000	20901000	78.40
net income ratio	1.59	0.89	77.63
eps	0.76	0.43	76.74

Overall Score of Quarterly Income Statement

0.43 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 24 million in 2024Q2 from 23 million in 2024Q1 representing a change of 0.44%. This indicates a sales growth, which is a positive sign for the company.

  Net Income: Net income increased to 37 million in 2024Q2 from 21 million in 2024Q1 representing a change of 78.4%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.76 in 2024Q2 from 0.76 in 2024Q1 representing a change of 76.74%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 20 million in 2024Q2 from 20 million in 2024Q1 representing a change of -0.1%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 1 million in 2024Q2 from -9 million in 2024Q1 representing a change of 115.32%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 21 million in 2024Q2 from 27 million in 2024Q1 representing a change of -22.94%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -2 million in 2024Q2 from 29 million in 2024Q1 representing a change of -105.75%. The decrease in operating income indicates worse operational performance and decreased profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	1193907000	1093818000	9.15
total liabilities	653913000	572874000	14.15
total equity	539994000	955443000	-43.48
cash and cash equivalents	298000	396000	-24.75
short term investments	11388000	19127000	-40.46
long term investments	11388000	19127000	-40.46
total current assets	14472000	3192000	353.38
total non current assets	1179435000	1090626000	8.14
total current liabilities	7974000	7421000	7.45
total non current liabilities	645939000	565453000	14.23
common stock	404708000	404708000	0.00
retained earnings	135286000	116236000	16.39
total debt	535075000	434895000	23.04

Overall Score of Annual Balance Sheet

0.33 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 1,194 million in 2023 from 1,094 million in 2022 representing a change of 9.15%. Suggesting a growth in asset holdings.

  Total Current Assets: Total Current Assets increased to 14 million in 2023 from 3 million in 2022 representing a change of 353.38%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 135 million in 2023 from 116 million in 2022 representing a change of 16.39%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 654 million in 2023 from 573 million in 2022 representing a change of 14.15%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 540 million in 2023 from 955 million in 2022 representing a change of -43.48%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2023 from 0 million in 2022 representing a change of -24.75%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to 11 million in 2023 from 19 million in 2022 representing a change of -40.46%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 8 million in 2023 from 7 million in 2022 representing a change of 7.45%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 535 million in 2023 from 435 million in 2022 representing a change of 23.04%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	1220323000	1199959000	1.70
total liabilities	547419000	550976000	-0.65
total equity	672904000	552910000	21.70
cash and cash equivalents	238000	351000	-32.19
short term investments	14111000	16892000	-16.46
long term investments	0	16892000	-100.00
total current assets	70429000	3264000	2,057.75
total non current assets	1149894000	1196695000	-3.91
total current liabilities	7743000	8096000	-4.36
total non current liabilities	515919000	638953000	-19.26
common stock	496024000	404708000	22.56
retained earnings	176880000	148202000	19.35
total debt	529040000	532113000	-0.58

Overall Score of Quarterly Balance Sheet

0.8 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 1,220 million in 2024Q2 from 1,200 million in 2024Q1 representing a change of 1.7%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 547 million in 2024Q2 from 551 million in 2024Q1 representing a change of -0.65%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 673 million in 2024Q2 from 553 million in 2024Q1 representing a change of 21.7%. This indicates an increase in shareholders' equity.

  Total Current Assets: Total Current Assets increased to 70 million in 2024Q2 from 3 million in 2024Q1 representing a change of 2057.75%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 8 million in 2024Q2 from 8 million in 2024Q1 representing a change of -4.36%. This indicates a lower short-term debt burden.

  Common Stock: Common Stock increased to 496 in 2024Q2 from 405 in 2024Q1 representing a change of 22.56%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 177 million in 2024Q2 from 148 million in 2024Q1 representing a change of 19.35%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 529 million in 2024Q2 from 532 million in 2024Q1 representing a change of -0.58%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of -32.19%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to 14 million in 2024Q2 from 17 million in 2024Q1 representing a change of -16.46%. This indicates a decrease in short-term investment holdings.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-98000	-78000	-25.64
operating cash flow	74266000	64547000	15.06
free cash flow	74266000	64547000	15.06
capital expenditure	0	0	NaN
depreciation and amortization	262000	696000	-62.36
deferred income tax	-909000	-2534000	64.13
stock based compensation	647000	820000	-21.10
accounts payables	1178000	460000	156.09
inventory	-1178000	-460000	-156.09
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	-110425000	-24740000	-346.34
debt repayment	100080000	17185000	482.37
common stock issued	0	564000	-100.00
common stock repurchased	0	0	NaN
dividends paid	-39440000	-39427000	-0.03
net cash used provided by financing activities	36061000	-39885000	190.41
cash at end of period	298000	396000	-24.75
accounts receivables	-181000	-1596000	88.66
cash at beginning of period	396000	474000	-16.46

Overall Score of Annual Cashflow Statement

0.38 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 0 million in 2023 from 0 million in 2022 representing a change of -25.64%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Deferred Income Tax: Deferred Income Tax increased to -1 million in 2023 from -3 million in 2022 representing a change of 64.13%. This indicates that the company's tax liability for future periods has increased.

  Accounts Payables: The absolute value of Accounts Payables increased to 1 million in 2023 from 0 million in 2022 representing a change of 156.09%. This indicates that the company has increased its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables increased to 0 in 2023 from -2 million in 2022 representing a change of 88.66%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -39 million in 2023 from -39 million in 2022 representing a change of -0.03%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 74 million in 2023 from 65 million in 2022 representing a change of 15.06%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 74 million in 2023 from 65 million in 2022 representing a change of 15.06%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 1 million in 2023 from 1 million in 2022 representing a change of -21.1%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
operating cash flow	13012000	12969000	0.33
free cash flow	13012000	12969000	0.33
capital expenditure	0	0	NaN
depreciation and amortization	0	36000	-100.00
deferred income tax	0	0	NaN
stock based compensation	0	164000	-100.00
accounts receivables	802000	-144000	656.94
accounts payables	0	183000	-100.00
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	0	0	NaN
debt repayment	-3294000	-3056000	-7.79
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-9860000	-9860000	0.00
net cash used provided by financing activities	-19318000	-12916000	-49.57
net change in cash	-113000	53000	-313.21
cash at end of period	238000	351000	-32.19
cash at beginning of period	351000	298000	17.79

Overall Score of Quarterly Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of -313.21%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Accounts Receivables: Accounts Receivables increased to 1 in 2024Q2 from 0 million in 2024Q1 representing a change of 656.94%. This suggests that the company is less capable of collecting payments from its customers.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 13 million in 2024Q2 from 13 million in 2024Q1 representing a change of 0.33%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 13 million in 2024Q2 from 13 million in 2024Q1 representing a change of 0.33%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of -100.0%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of -100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	1.89	1.69	11.57
net income per share	1.04	2.44	-57.41
operating cash flow per share	1.51	1.32	15.01
free cash flow per share	1.51	1.32	15.01
cash per share	0.24	0.4	-40.17
book value per share	11.01	10.62	3.62
tangible book value per share	11.01	32.93	-66.57
shareholders equity per share	11.01	10.62	3.62
interest debt per share	13.38	8.72	53.56
market cap	528811099.74	635990110.75	-16.85
enterprise value	1063588099.74	1070489110.75	-0.64
pe ratio	10.37	5.31	95.14
price to sales ratio	5.72	7.68	-25.50
pocfratio	7.12	9.85	-27.73
pfcf ratio	7.12	9.85	-27.73
pb ratio	0.98	1.22	-19.79
ptb ratio	0.98	1.22	-19.79
ev to sales	11.5	12.92	-10.98
enterprise value over ebitda	14.09	13.79	2.17
ev to operating cash flow	14.32	16.58	-13.65
ev to free cash flow	14.32	16.58	-13.65
earnings yield	0.1	0.19	-48.76
free cash flow yield	0.14	0.1	38.38
debt to equity	1.17	0.79	48.93
debt to assets	0.53	0.37	41.44
net debt to ebitda	7.09	5.6	26.57
current ratio	1.81	0.43	321.94
interest coverage	3.56	2.3	54.69
income quality	1.46	0.77	88.11
dividend yield	0.07	0.06	20.31
payout ratio	0.77	0.33	134.77
sales general and administrative to revenue	0.01	0.07	-90.20
research and ddevelopement to revenue	0	0.0	-100.00
intangibles to total assets	0	-1	100.00
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0.01	0.01	-29.31
graham number	16.05	24.15	-33.57
roic	0.07	0.06	16.59
return on tangible assets	0.04	0.05	-21.93
graham net net	-13.09	-11.31	-15.77
working capital	6498000	-4229000	253.65
tangible asset value	539994000	1614762000	-66.56
net current asset value	-639441000	-569682000	-12.25
invested capital	6617000	-1097856000	100.60
average receivables	0	0	NaN
average payables	3946500	3294000	19.81
average inventory	-1173000	-1173000	0.00
days sales outstanding	0	0	NaN
days payables outstanding	107.29	111.62	-3.88
days of inventory on hand	0	-69.7	100.00
receivables turnover	0	0	NaN
payables turnover	3.4	3.27	4.03
inventory turnover	0	-5.24	100.00
roe	0.09	0.23	-58.89
capex per share	0	0	NaN

• ROE:

  Debt-to-Equity Ratio:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 10.37 on 2023-12-31 from 5.31 on 2022-12-31, representing a change of 95.14%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 1.81 on 2023-12-31 from 0.43 on 2022-12-31, representing a change of 321.94%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
APR-UN.TO
calendar year	2024	2024	NaN
revenue per share	0.48	0.48	0.44
net income per share	0.76	0.43	78.40
operating cash flow per share	0.27	0.26	0.33
free cash flow per share	0.27	0.26	0.33
cash per share	0.29	0.35	-16.78
book value per share	13.72	13.23	3.69
tangible book value per share	13.72	13.23	3.69
shareholders equity per share	13.72	11.27	21.70
interest debt per share	10.85	10.91	-0.55
market cap	478775170.08	508208069.88	-5.79
enterprise value	1007577170.08	1039970069.88	-3.11
pe ratio	3.21	6.08	-47.19
price to sales ratio	20.36	21.71	-6.20
pocfratio	36.79	39.19	-6.10
pfcf ratio	36.79	39.19	-6.10
pb ratio	0.71	0.92	-22.59
ptb ratio	0.71	0.92	-22.59
ev to sales	42.85	44.42	-3.54
enterprise value over ebitda	48.03	38.2	25.74
ev to operating cash flow	77.43	80.19	-3.43
ev to free cash flow	77.43	80.19	-3.43
earnings yield	0.08	0.04	89.37
free cash flow yield	0.03	0.03	6.50
debt to equity	0.78	0.96	-18.29
debt to assets	0.43	0.44	-2.22
net debt to ebitda	25.21	19.53	29.06
current ratio	9.1	0.4	2,156.12
interest coverage	-0.26	4.58	-105.74
income quality	0.35	0.62	-43.76
dividend yield	0.02	0.02	6.15
payout ratio	0.26	0.47	-43.95
sales general and administrative to revenue	0.06	0.06	0.43
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0.01	-100.00
graham number	15.32	10.39	47.35
roic	-0.0	0.03	-105.18
return on tangible assets	0.03	0.02	75.43
graham net net	-10.84	-10.87	0.30
working capital	62686000	-4832000	1,397.31
tangible asset value	672904000	648983000	3.69
net current asset value	-476990000	-547712000	12.91
invested capital	62782000	-4731000	1,427.03
average receivables	870500	0	NaN
average payables	4211500	4256500	-1.06
average inventory	391000	728000	-46.29
days sales outstanding	6.66	0	NaN
days payables outstanding	98.66	110.34	-10.59
days of inventory on hand	0	19.71	-100.00
receivables turnover	13.51	0	NaN
payables turnover	0.91	0.82	11.85
inventory turnover	0	4.57	-100.00
roe	0.06	0.04	46.59
capex per share	0	0	NaN

• ROE:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 3.21 on 2024-06-30 Q2 from 6.08 on 2024-03-31 Q1, representing a change of -47.19%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 9.10 on 2024-06-30 Q2 from 0.40 on 2024-03-31 Q1, representing a change of 2156.12%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.78 on 2024-06-30 Q2 from 0.96 on 2024-03-31 Q1, representing a change of -18.29%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None