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European Residential Real Estate Investment Trust

Real Estate CA ERE.UN

1.19CAD
0.00(0%)

Last update at 2026-06-19T13:30:00Z

Day Range

1.191.19
LowHigh

52 Week Range

2.093.66
LowHigh

Fundamentals

  • Previous Close 1.19
  • Market Cap223.27M
  • Volume0
  • P/E Ratio-
  • Dividend Yield7.08%
  • EBITDA61.62M
  • Revenue TTM93.90M
  • Revenue Per Share TTM1.03
  • Gross Profit TTM 68.98M
  • Diluted EPS TTM-0.8

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 109.70M 151.88M 136.46M -5.20100M 5.67M
Minority interest - - - - -
Net income 116.42M 96.14M 118.66M -16.80600M 5.28M
Selling general administrative 8.08M 9.71M 9.10M 6.13M 2.83M
Selling and marketing expenses - - - - -
Gross profit 68.98M 59.52M 53.27M 31.52M 6.05M
Reconciled depreciation 0.72M 0.48M 0.51M 0.04M -
Ebit 60.19M -15.78900M 117.15M -24.11800M 13.13M
Ebitda 60.90M -15.30800M 117.66M -24.07500M 6.72M
Depreciation and amortization 0.72M 0.48M 0.51M 0.04M -
Non operating income net other - - - - -
Operating income 60.19M -15.78900M 117.15M -24.11800M 3.22M
Other operating expenses 28.35M 27.06M 25.71M 16.09M 4.58M
Interest expense 32.49M 27.53M 25.87M 19.31M 1.05M
Tax provision -6.71300M 55.74M 17.80M 11.61M 0.38M
Interest income - 0.00000M 0.04M - -
Net interest income -33.20700M -28.00900M -26.33600M -19.35700M -1.05277M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -6.71300M 55.74M 17.80M 11.61M 0.38M
Total revenue 89.25M 76.87M 69.88M 41.48M 7.80M
Total operating expenses 8.08M 9.71M 9.10M 6.13M 2.83M
Cost of revenue 20.27M 17.35M 16.61M 9.96M 1.75M
Total other income expense net 49.52M 167.67M 19.31M 18.92M 2.44M
Discontinued operations - - - - -
Net income from continuing ops 116.42M 96.14M 118.66M -16.80600M 5.28M
Net income applicable to common shares 116.42M 96.14M 118.66M -16.80600M 44.13M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1939.21M 1887.68M 1499.00M 1387.27M 97.11M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 1.09M 0.47M 0.62M 0.75M 0.09M
Total liab 1389.06M 1445.92M 1145.28M 1143.43M 55.84M
Total stockholder equity 550.15M 441.76M 353.72M 243.84M 41.27M
Deferred long term liab - - - - -
Other current liab 46.67M 24.60M 20.80M 41.50M 1.23M
Common stock 254.40M 251.81M 250.18M 249.65M 41.75M
Capital stock 254.40M 251.81M 250.18M 249.65M 41.75M
Retained earnings 295.75M 189.96M 103.54M -5.81200M -2.54279M
Other liab 77.52M 87.50M 32.95M 18.50M 16.07M
Good will 0.00000M 10.54M 10.54M 10.54M -
Other assets 2.93M 2.65M 0.76M 18.79M -
Cash 10.89M 10.35M 10.72M 13.97M 5.09M
Cash and equivalents - - - - -
Total current liabilities 111.45M 79.33M 32.17M 43.69M 5.68M
Current deferred revenue - - 17.18M 38.11M 0.37M
Net debt 954.23M 874.99M 699.52M 614.07M 43.51M
Short term debt 61.88M 52.10M 10.99M 1.22M 1.22M
Short long term debt 61.88M 52.10M 10.99M 1.22M 1.22M
Short long term debt total 965.12M 885.33M 710.24M 628.04M 48.60M
Other stockholder equity - - - - 0.00000M
Property plant equipment 1897.06M 1859.60M 1473.24M 1329.15M 433.61M
Total current assets 15.44M 13.96M 13.96M 28.26M 6.34M
Long term investments - - - - -
Net tangible assets 550.15M 431.22M 343.18M 233.30M 105.27M
Short term investments - - - - -
Net receivables 3.46M 2.15M 2.57M 13.54M 1.17M
Long term debt 903.24M 833.23M 699.25M 626.82M 47.38M
Inventory - 0.99M - - -
Accounts payable 2.90M 2.62M 0.38M 0.97M 2.81M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - 2.06M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1920.83M 1860.53M 1473.75M 1346.58M 90.77M
Deferred long term asset charges - - - - -
Non current assets total 1923.76M 1873.72M 1485.05M 1359.01M 90.77M
Capital lease obligations - - - - -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -113.00700M -191.21600M -78.39400M -367.58000M -0.09793M
Change to liabilities -8.09000M 4.00M -2.08300M -5.91200M -0.34500M
Total cashflows from investing activities -113.00700M -191.21600M -78.39400M -367.58000M -3.53500M
Net borrowings 95.39M 172.69M 73.37M 167.56M -20.79000M
Total cash from financing activities 54.74M 136.72M 36.54M 356.27M -4.14016M
Change to operating activities 12.25M 2.25M 12.38M 3.10M -1.41300M
Net income 116.42M 96.14M 118.66M -16.80600M 5.28M
Change in cash 0.54M -0.37400M -3.25000M 11.73M -0.33792M
Begin period cash flow 10.35M 10.72M 13.97M 2.24M 5.42M
End period cash flow 10.89M 10.35M 10.72M 13.97M 5.09M
Total cash from operating activities 58.81M 54.12M 41.26M 23.01M 3.77M
Issuance of capital stock 0.08M - 0.00000M 203.33M 0.06M
Depreciation 0.72M 0.48M 0.51M 0.04M 0.00100M
Other cashflows from investing activities -0.87500M -0.47000M -1.51100M -0.11400M -0.11400M
Dividends paid 8.05M 8.05M 8.78M 2.01M 3.02M
Change to inventory - - - - -
Change to account receivables -1.07600M -0.13200M -0.83000M 0.44M -0.94742M
Sale purchase of stock - - - 396.49M -
Other cashflows from financing activities 193.69M 249.06M 123.18M 400.88M 0.00000M
Change to netincome -61.74100M -49.43500M -77.16600M 30.13M -29.90200M
Capital expenditures 23.99M 19.43M 10.93M 8.38M 0.10M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.08M 6.55M -1.12100M 9.46M 1.26M
Stock based compensation -1.59200M 0.76M -45.17500M -38.74200M 0.27M
Other non cash items -46.56200M -102.55300M -92.40000M 30.54M -3.39359M
Free cash flow 34.82M 34.70M 30.32M 14.64M 3.67M

Peer Comparison

Sector: Real Estate Industry: REIT - Residential

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ERE-UN
European Residential Real Estate Investment Trust		 - -% 1.19 - 10.21 2.38 0.32 17.78 -10.6411
CAR-UN
Canadian Apartment Properties Real Estate Investment Trust		 -0.01 0.03% 34.59 - 17.83 7.60 0.85 14.21 -114.1787
BEI-UN
Boardwalk Real Estate Investment Trust		 -0.45 0.70% 64.05 6.35 18.28 7.15 0.95 13.19 11.47
KMP-UN
Killam Apartment Real Estate Investment Trust		 -0.17 0.89% 18.85 8.59 15.24 6.32 0.88 12.62 12.24
IIP-UN
InterRent Real Estate Investment Trust		 0.04 0.31% 12.97 - 20.70 8.16 0.73 15.28 147.10

Reports Covered

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Profile

ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT Units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multi-residential REIT, with a current initial focus on investing in high-quality, multi-residential real estate properties in the Netherlands. As at September 30, 2023, ERES owns a portfolio of 158 multi-residential properties, comprised of approximately 6,900 suites and ancillary retail space located in the Netherlands, and owns one office property in Germany and one office property in Belgium. ERES's registered and principal business office is located at 11 Church Street, Suite 401, Toronto, Ontario M5E 1W1.

European Residential Real Estate Investment Trust

11 Church Street, Toronto, ON, Canada, M5E 1W1

Key Executives

Name Title Year Born
Mr. Phillip Wesley Burns CEO & Trustee 1969
Ms. Jenny Chou Chief Financial Officer NA
Ms. Corinne Pruzanski Gen. Counsel & Corp. Sec. NA

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