Is Now An Opportune Moment To Examine First Capital Real Estate Investment Trust


TSE:FCR.UN), which is in the reits business, and is based in Canada, saw a decent share price growth in the teens level on the TSX over the last few months. As a CA$2.9b market cap stock, it seems odd First Capital Real Estate Investment Trust is not more well-covered by analysts. However, this is not necessarily a bad thing given that there are less eyes on the stock to push it closer to fair value. Is there still an opportunity to buy? Let’s examine First Capital Real Estate Investment Trust’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.” data-reactid=”28″First Capital Real Estate Investment Trust (TSE:FCR.UN), which is in the reits business, and is based in Canada, saw a decent share price growth in the teens level on the TSX over the last few months. As a CA$2.9b market cap stock, it seems odd First Capital Real Estate Investment Trust is not more well-covered by analysts. However, this is not necessarily a bad thing given that there are less eyes on the stock to push it closer to fair value. Is there still an opportunity to buy? Let’s examine First Capital Real Estate Investment Trust’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.

View our latest analysis for First Capital Real Estate Investment Trust ” data-reactid=”29″ View our latest analysis for First Capital Real Estate Investment Trust

Is First Capital Real Estate Investment Trust still cheap?

Great news for investors – First Capital Real Estate Investment Trust is still trading at a fairly cheap price. My valuation model shows that the intrinsic value for the stock is CA$21.33, but it is currently trading at CA$13.02 on the share market, meaning that there is still an opportunity to buy now. However, given that First Capital Real Estate Investment Trust’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility.

What does the future of First Capital Real Estate Investment Trust look like?

TSX:FCR.UN Past and Future Earnings May 24th 2020

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company’s future expectations. Though in the case of First Capital Real Estate Investment Trust, it is expected to deliver a negative revenue growth of -6.7% next year, which doesn’t help build up its investment thesis. It appears that risk of future uncertainty is high, at least in the near term.

What this means for you:

Is Now An Opportune Moment To Examine First Capital Real Estate Investment Trust

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