(REI-UN) RioCan Real Estate - Ratings and Ratios

RioCan Real Estate Investment Trust (TO:REI-UN) is one of Canadas largest and most established real estate investment trusts, with a strategic focus on retail-focused, mixed-use properties in high-density, transit-oriented urban areas. As of September 30, 2024, RioCans portfolio spans 186 properties, totaling approximately 33 million square feet of net leasable area at RioCans interest. The trust emphasizes prime locations where Canadians converge to shop, live, and work, aligning with urbanization trends and the demand for convenience and accessibility in urban centers. RioCans strategy also includes active development and redevelopment of its properties to enhance value and meet evolving market needs.

From a technical perspective, RioCans stock has shown recent strength, with its last price of $17.19 exceeding the 20-day simple moving average (SMA) of $16.85. However, it remains below the 50-day SMA of $17.86 and the 200-day SMA of $18.16, indicating potential resistance at higher levels. The average true range (ATR) of 0.46 suggests moderate volatility, while the average 20-day volume of 874,213 shares reflects consistent trading activity.

Fundamentally, RioCans market capitalization stands at $5.0 billion CAD, with a price-to-earnings (P/E) ratio of 10.65, indicating a relatively attractive valuation compared to its forward P/E of 17.39. The price-to-book (P/B) ratio of 0.65 suggests that the stock may be undervalued relative to its book value. The price-to-sales (P/S) ratio of 3.74 and a return on equity (RoE) of 6.26% highlight the trusts ability to generate revenue and profits, though room for improvement exists in profitability metrics.