Flagship Communities Real Estate Investment TrustMHC-U.TO

$20.26-0.41 (-1.98%)
TSXReal Estate24:00 UTC

Company snapshot

Market Cap
$393M
Small-cap
+303%
2020 — today
10-Year Price
+30%
2020 — today
52-Week Range
$17.25$20.75
Current $20.26· 86%

Flagship Communities Real Estate Investment Trust (REIT) is a recently launched, self-managed investment vehicle. Structured as an unincorporated, open-ended trust, it was legally constituted under a declaration of trust in accordance with Ontario provincial law. The REIT's core mission is to acquire and oversee a portfolio of profitable manufactured housing communities situated across Kentucky, Indiana, Ohio, and Tennessee. This also encompasses managing a fleet of manufactured homes available for lease to residents within these communities.

Valuation in context

P/E ratio
3.1
Below average
Below the 10-year average
P/B ratio
0.6
Below average
Below the 10-year average
EV / EBITDA
6.0
Historically cheap
Historically cheap relative to the last 10 years
Dividend Yield
3.2%
Below average
Below the 10-year average
FCF Yield
0.2%
Near historic low
Near historic low — last 10 years
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