BSR Real Estate Investment Trust

BSR Real Estate Investment Trust

HOM-U.TO
BSR Real Estate Investment TrustCA flagToronto Stock Exchange
11.70
USD
- -
- -
398.00MMarket Cap
BSR Real Estate Investment Trust
HOM-U.TO
(Toronto Stock Exchange)

Recent

price

11.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3.87
5
4.75
3.83
4.37
5.06
5.05
4.25
4.83
Revenue per Share
8.7
-2.38
1.16
9.08
6.26
-6.36
-1.2
-1.85
-1.88
Basic EPS, GAAP
1.86
2.55
2.15
1.87
2.47
2.51
2.38
1.89
2.41
Free Cash Flow per Basic Share
0.64
0.92
0.94
0.82
0.79
0.89
0.85
0.74
0.87
Dividend per Share
9.04
9.35
9.49
9.81
11.27
11.28
11.28
11.29
11.29
Book Value per Share
17.43
12.77
13.35
21.36
26.87
21.5
19.68
17.16
17.51
Tangible Book Value per Share
17
22
24
31
36
33
33
34
33
Basic Weighted Avg Shares
64
112
113
120
159
168
169
144
162
Sales/Revenue/Turnover
54.11
47.29
46.18
45.34
47.91
48.34
48.5
41.89
44.82
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
144
-53
28
283
227
-211
-40
-63
-63
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
224.67
-47.65
24.34
236.84
143.35
-125.67
-23.86
-43.49
-38.85
Profit Margin (%)
-33
14
-52
-17
-331
-300
-358
-112
-89
Working Capital
433
529
474
877
725
772
738
695
631
LT Debt
289
285
319
667
976
712
658
582
586
Total Equity
- -
- -
6.2
4.5
4.56
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
6.65
31.67
21.57
- -
- -
- -
2.07
Return on Capital (%)
- -
-29.7
12.68
106.37
63.54
-53.88
-10.72
-16.51
-16.65
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
92
77
29
LT Borrowings
738
692
631
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
34
Market Capitalization
405
435
436

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
30
532
42
Cash, Cash Equivalents & STI
9
84
22
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
432
- -
Total Current Liabilities
387
392
130
Payables & Accruals
47
24
31
ST Debt
92
77
29
Deferred Revenue
2
2
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
21.88%
-11.5%
Free Cash Flow
- -
7.28%
-19.06%
Net Income, GAAP
- -
137.88%
55.88%
Sales/Revenue/Turnover
- -
6%
-14.49%
Total Cash Common Dividend
- -
2.73%
-11.78%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
42
42
42
42
169
2025
43
34
34
- -
144
2026
34
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
-1.17
-1.18
- -
-1.2
2025
-1.22
-0.67
- -
- -
-1.85
2026
0.68
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.21
0.22
- -
0.85
2025
0.22
0.21
- -
- -
0.74
2026
0.16
- -
- -
- -
- -
Business
BSR Real Estate Investment Trust (TSX: HOM.U) is an internally managed, open-ended real estate investment trust that acquires, owns and operates a portfolio of garden-style multifamily residential communities located in high-growth primary and secondary markets across the Sunbelt region of the United States, including Austin, Dallas, Houston, Oklahoma City and Little Rock; the REIT's properties feature modern one-, two- and three-bedroom apartment units with amenities such as resort-style pools, fitness centers, business centers, attached garages and pet-friendly facilities; as of early 2025, the portfolio comprises approximately 9,181 units following recent transactions. Headquartered in downtown Little Rock, Arkansas, with roots tracing to the 1956 formation of Bailey Corporation, BSR targets residents seeking premium rental housing in markets with low unemployment and strong demand dynamics, generating revenue primarily from rental income. In recent strategic moves, BSR announced in February 2025 a US$618.5 million disposition of nine stabilized properties totaling 2,701 units to AvalonBay Communities, comprising US$380 million in cash and up to US$238.5 million in equity units, to repay debt, fund general purposes and redeploy approximately US$190 million into higher-growth assets in core Texas Triangle markets; the REIT acquired The Venue Craig Ranch, a 277-unit Class A community in McKinney, Texas, for US$61 million in January 2025, funded via its revolving credit facility with plans to offset through US$60 million in asset sales; additionally, BSR redeemed all US$41.5 million in outstanding convertible debentures in January 2025, strengthening its balance sheet and eliminating legacy unitholder consent rights to enhance governance and growth flexibility.