CA
NZ
UK
AU
IND
US
…
Inovalis REIT is a real estate investment trust listed on the Toronto Stock Exchange in Canada. It was founded in 2013 by Inovalis and invests in office properties in primary markets of France, Germany and Spain. It holds 13 assets. Inovalis REIT acquires (indirectly) real estate properties via CanCorpEurope, authorized Alternative Investment Fund (AIF) by the CSSF in Luxemburg, and managed by Inovalis S.A.
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
A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Inovalis Real Estate Investment Trust is a Toronto-listed REIT that owns and manages income-producing commercial properties to generate rental income and capital appreciation. Long-term growth may be driven by rent recovery, leasing execution, active asset management and selective acquisitions, making it relevant for investors seeking income exposure to professionally managed real estate.
Key risks include interest-rate sensitivity, property-market cyclicality, tenant occupancy and credit risk, potential portfolio concentration or geographic exposure, and refinancing or leverage pressures investors should monitor.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| 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 | -39.76M | 30.89M | 18.32M | 37.34M | 29.05M |
| Minority interest | 0.12M | 0.03M | 1.42M | 1.20M | 0.52M |
| Net income | -36.98M | 30.33M | 18.20M | 36.45M | 22.15M |
| Selling general administrative | 6.49M | 11.54M | 7.73M | 6.14M | 4.78M |
| Gross profit | 21.63M | 24.19M | 26.60M | 22.99M | 23.25M |
| Ebit | 10.02M | -19.26M | 7.45M | 44.89M | 24.16M |
| Ebitda | 16.23M | 11.62M | 17.54M | 35.98M | 37.33M |
| Depreciation and amortization | 6.22M | 30.89M | 10.09M | -8.90M | - |
| Operating income | 10.02M | -19.26M | 7.45M | 44.89M | 25.69M |
| Other operating expenses | 16.51M | 21.87M | 16.91M | 17.39M | 15.01M |
| Interest expense | 4.80M | 4.98M | 8.27M | 8.56M | 8.43M |
| Tax provision | -2.78M | 0.59M | 0.11M | 0.81M | 6.75M |
| Interest income | 2.75M | 3.35M | 5.68M | 7.84M | 7.78M |
| Net interest income | 1.03M | -2.65M | -3.47M | -1.45M | -3.19M |
| Income tax expense | -2.78M | 0.59M | 0.11M | 0.81M | 6.75M |
| Total revenue | 31.14M | 34.46M | 35.77M | 33.94M | 33.49M |
| Total operating expenses | 7.00M | 11.60M | 7.75M | 6.44M | 4.78M |
| Cost of revenue | 9.51M | 10.27M | 9.17M | 10.95M | 10.23M |
| Total other income expense net | -49.77M | 50.15M | 10.87M | -7.54M | 3.36M |
| Net income from continuing ops | -36.98M | 30.30M | 18.21M | 36.53M | 22.30M |
| Net income applicable to common shares | -36.85M | 30.33M | 18.20M | 36.45M | 15.46M |
| 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 | 561.11M | 587.25M | 712.09M | 710.21M | 619.34M |
| Other current assets | - | 1.16M | 0.73M | 11.22M | 46.93M |
| Total liab | 272.93M | 241.16M | 335.43M | 377.06M | 327.26M |
| Total stockholder equity | 286.98M | 344.79M | 375.24M | 331.94M | 291.56M |
| Other current liab | 17.81M | 16.75M | 24.09M | 36.87M | 30.31M |
| Common stock | 289.94M | 288.75M | 286.98M | 259.53M | 207.44M |
| Capital stock | 289.94M | 288.75M | 286.98M | 259.53M | 207.44M |
| Retained earnings | -12.33M | 46.98M | 53.35M | 57.83M | 47.97M |
| Other liab | 4.21M | 6.11M | 15.36M | 14.22M | 17.45M |
| Other assets | - | 4.96M | 4.87M | 4.71M | 27.67M |
| Cash | 45.18M | 76.63M | 80.38M | 83.41M | 19.11M |
| Total current liabilities | 70.10M | 54.90M | 42.61M | 109.46M | 103.31M |
| Current deferred revenue | 0.79M | 4.00M | 0.52M | 5.49M | 4.39M |
| Net debt | 197.92M | 130.49M | 208.28M | 225.23M | 251.84M |
| Short term debt | 44.47M | 27.33M | 13.63M | 60.70M | 64.88M |
| Short long term debt | 38.05M | 19.63M | 4.79M | 52.11M | 57.06M |
| Short long term debt total | 243.09M | 207.12M | 288.66M | 308.64M | 270.95M |
| Other stockholder equity | 9.37M | 9.05M | 34.91M | 14.59M | 36.00M |
| Property plant equipment | 437.42M | 427.63M | 541.22M | 478.70M | 421.94M |
| Total current assets | 62.42M | 90.32M | 90.01M | 126.01M | 71.03M |
| Long term investments | 56.02M | 64.33M | 75.99M | 100.78M | 98.70M |
| Net tangible assets | 286.98M | 344.79M | 375.24M | 331.94M | 284.72M |
| Net receivables | 11.22M | 12.54M | 8.89M | 31.11M | 4.99M |
| Long term debt | 96.50M | 73.43M | 153.21M | 130.63M | 83.39M |
| Accounts payable | 7.03M | 6.81M | 4.37M | 6.41M | 3.41M |
| Accumulated other comprehensive income | 9.37M | 9.05M | 34.91M | 14.59M | 36.15M |
| Non currrent assets other | 442.67M | 432.60M | 546.09M | 483.42M | 449.61M |
| Non current assets total | 498.69M | 496.92M | 622.08M | 584.20M | 548.31M |
| Capital lease obligations | 108.55M | 114.05M | 130.66M | 125.90M | 130.50M |
| 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 | -60.47M | 1.74M | 10.93M | 0.17M | -10.27M |
| Change to liabilities | 0.00M | 2.46M | -17.24M | 10.54M | -1.44M |
| Total cashflows from investing activities | -60.47M | 106.61M | 33.00M | 66.67M | -13.55M |
| Net borrowings | 32.08M | -60.85M | -7.09M | -58.12M | 9.74M |
| Total cash from financing activities | 9.70M | -97.54M | -37.17M | -25.75M | -7.98M |
| Change to operating activities | - | -1.02M | -0.08M | -0.06M | 1.33M |
| Net income | -39.76M | 30.89M | 18.32M | 37.34M | 22.15M |
| Change in cash | -31.45M | -3.75M | -3.03M | 63.41M | -0.35M |
| Begin period cash flow | 76.63M | 80.38M | 83.41M | 19.99M | 20.34M |
| End period cash flow | 45.18M | 76.63M | 80.38M | 83.41M | 19.99M |
| Total cash from operating activities | 21.43M | -7.92M | -2.67M | 23.49M | 20.39M |
| Issuance of capital stock | - | - | 0.00M | 51.49M | - |
| Other cashflows from investing activities | 2.24M | 2.66M | 2.88M | -2.35M | 1.85M |
| Dividends paid | 22.37M | 36.69M | 22.59M | 16.53M | 16.69M |
| Change to account receivables | - | -1.72M | -1.65M | -0.28M | 1.35M |
| Sale purchase of stock | - | - | -7.50M | 122.94M | - |
| Other cashflows from financing activities | 51.32M | 106.61M | 33.00M | 120.34M | 19.20M |
| Change to netincome | - | -38.05M | -2.03M | -23.46M | 2.36M |
| Capital expenditures | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in working capital | 8.17M | -0.28M | -18.97M | 10.20M | 1.25M |
| Other non cash items | 53.01M | -38.52M | -2.01M | -24.05M | -3.01M |
| Free cash flow | 21.43M | -7.92M | -2.67M | 23.49M | 20.39M |
Sector: Real Estate Industry: REIT - Office
|
Stock Name
|
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) |
|---|---|---|---|---|---|---|---|---|
| INO-UN Inovalis Real Estate Investment Trust |
0.03 4.92% |
0.64 | - | - | 1.97 | 0.18 | 7.03 | -8.93 |
| AP-UN Allied Properties Real Estate Investment Trust |
0.29 7.95% |
4.00 | - | 9.52 | 4.60 | 0.38 | 10.87 | 84.47 |
| D-UN Dream Office Real Estate Investment Trust |
0.15 0.96% |
15.85 | - | 13.39 | 2.20 | 0.28 | 8.65 | -38.01 |
| BTB-UN BTB Real Estate Investment Trust |
0.05 1.38% |
3.68 | 7.33 | 7.28 | 2.11 | 0.55 | 7.77 | 13.96 |
| TNT-UN True North Commercial Real Estate Investment Trust |
0.22 2.99% |
7.59 | - | - | 1.13 | 0.32 | 7.16 | -39.32 |
Inovalis REIT is a real estate investment trust listed on the Toronto Stock Exchange in Canada. It was founded in 2013 by Inovalis and invests in office properties in primary markets of France, Germany and Spain. It holds 13 assets. Inovalis REIT acquires (indirectly) real estate properties via CanCorpEurope, authorized Alternative Investment Fund (AIF) by the CSSF in Luxemburg, and managed by Inovalis S.A.
| Name | Title | Year Born |
|---|---|---|
| Mr. David Giraud | Chief Exec. Officer | NA |
| Mr. Stephane Joseph Amine | Pres | 1968 |
| Mr. Khalil Hankach | CFO, Chief Investment Officer & Sec. | NA |
| Ms. Anne Smolen | Chief Financial Officer of Europe | NA |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.
Download a free report with stock ideas and industry insights for general information.
Download Free Report Now →
Basic Materials
+2.10%
Communication Services
+1.48%
Consumer Cyclical
+2.12%
Consumer Defensive
+1.59%
Energy
-2.52%
Financial Services
+1.11%
Financials
-6.05%
Healthcare
+2.12%
Industrials
-0.12%
Real Estate
+1.25%
Technology
-0.07%
Utilities
+0.57%
Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.
Portfolio
Watchlist
Please wait processing your request...