Undervalued Real Estate Stocks on TSE December 2023

December 31, 2023

Real Estate

Real Estate companies develop real estate and hold them as inventory, or sell to others after development, with no specific portfolio composition.

Toronto Stock Exchange

The Toronto Stock Exchange (TSE) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization.

Our Valuation

A stock is considered undervalued if it trades at a discount to our valuation. To determine a stock’s intrinsic value, we developed an algorithm that uses 6 valuation models to determine the value of a company.* To learn more about stockcalc’s valuation methods, click here.

Undervalued Real Estate stocks

Stocks in this category are held primarily for potential income and capital appreciation.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
FSV FirstService 216.24 250.91 16.03 82716 9699 0.55 55.0
TCN Tricon Residential 12.12 13.07 7.88 533133 3763 2.58 15.5
All data provided as at market close December 21, 2023.

Company Details

FirstService

FSV:TSX

Close Price

216.24

Our Valuation

250.91

% Difference

16.03

Market Cap ($M)

9699

P/E Ratio

55.0

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives.

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Tricon Residential

TCN:TSX

Close Price

12.12

Our Valuation

13.07

% Difference

7.88

Market Cap ($M)

3763

P/E Ratio

15.5

Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 36,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.

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FirstService and Tricon Residential are the most undervalued Real Estate stocks on the TSE. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-real-estate-stocks-tse-december-2023
FirstService $FSV and Tricon Residential $TCN are the most undervalued Real Estate stocks on the #TSE. See the full list: https://www.stockcalc.com/Blog/undervalued-real-estate-stocks-tse-december-2023
FirstService and Tricon Residential are the most undervalued Real Estate stocks on the TSE. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-real-estate-stocks-tse-december-2023

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