Artis REIT

Company Profile

Artis REIT had its IPO on under the ticker symbol ARESF.

The company operates in the Real Estate sector and REIT-Diversified industry. Artis REIT has a staff strength of 172 employees.

Stock update

Shares of Artis REIT opened at $5.76 at the start of the last trading session i.e. 2023-03-21.

The stocks traded within a range of $5.73 - $5.76, and closed at $5.73.

This is a -0.52% slip from the previous day's closing price.

A total volume of 475 shares were traded at the close of the day’s session.

In the last one week, shares of Artis REIT have slipped by -3.7%.

Artis REIT's Key Ratios

Artis REIT has a market cap of $730.57 million, indicating a price to book ratio of 0.4776 and a price to sales ratio of 2.1716.

In the last 12-months Artis REIT’s revenue was $416.80 million with a gross profit of $254.27 million and an EBITDA of $247.86 million. The EBITDA ratio measures Artis REIT's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Artis REIT’s operating margin was 59.17% while its return on assets stood at 3.38% with a return of equity of -0.23%.

In Q3, Artis REIT’s quarterly earnings growth was a positive 280% while revenue growth was a positive 46.5%.

Artis REIT’s PE and PEG Ratio

Forward PE

11.0988

Trailing PE

0

PEG

0.61

Its diluted EPS in the last 12-months stands at $-0.14 per share while it has a forward price to earnings multiple of 11.0988 and a PEG multiple of 0.61. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Artis REIT’s profitability.

Artis REIT stock is trading at a EV to sales ratio of 7.0969 and a EV to EBITDA ratio of 9.5354. Its price to sales ratio in the trailing 12-months stood at 2.1716.

Artis REIT stock pays annual dividends of $0.6 per share, indicating a yield of 7.03% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$5.18 billion

Total Liabilities

$2.17 billion

Operating Cash Flow

$-81677000.00

Capital Expenditure

$0

Dividend Payout Ratio

0%

Artis REIT ended 2023 with $5.18 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.18 billion while shareholder equity stood at $2.46 billion.

Artis REIT ended 2023 with $0 in deferred long-term liabilities, $2.17 billion in other current liabilities, 1748459000.00 in common stock, $138.81 million in retained earnings and $0 in goodwill. Its cash balance stood at $136.80 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $538.64 million.

Artis REIT’s total current assets stands at $873.37 million while long-term investments were $725.17 million and short-term investments were $0. Its net receivables were $17.88 million compared to accounts payable of $99.89 million and inventory worth $657.63 million.

In 2023, Artis REIT's operating cash flow was $-81677000.00 while its capital expenditure stood at $0.

Comparatively, Artis REIT paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$5.73

52-Week High

$10.3845

52-Week Low

$5.8836

Analyst Target Price

$

Artis REIT stock is currently trading at $5.73 per share. It touched a 52-week high of $10.3845 and a 52-week low of $10.3845. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $6.73 and 200-day moving average was $7.84 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 2923.2% of the company’s stock are held by insiders while 3702.8% are held by institutions.