Alaris Equity Partners Income Trust (AD.UN) (AD.UN) Stock Price, News & Analysis

Company Overview

Alaris Royalty Corp. is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consumer products. The firm seeks to invest in companies raising capital for a partial liquidity, generational transfer, recapitalization, and growth and who do not want to give up control or chance the added risk that comes with high leverage levels. It prefers to invest in companies that are mostly individual or family controlled. The firm typically provides alternative financing for a diversified group of private businesses ("Private Company Partners") in exchange for royalties or distributions from the Private Company Partners, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. It seeks to invest in the companies based in Europe, North America with the focus on Canada, and United States. It typically invests between $5 million and $100 million in companies with an enterprise values between $10 million and $400 million and EBITDA between $5 million and $50 million, historical EBITDA in excess of $10 million, and Low levels of debt and capital expenditure. The firm also makes small cap investments upto $20 million in private companies that have historical EBITDA in excess of $2 million. However, for larger companies, transactions can be structured to include additional investments. The firm seeks to invest in industries that do not experience large cyclical swings. It does not own any shares and does not require board representation. The firm invests through balance sheet and seeks equity dividend distribution from portfolios. It prefers to make non control equity, minority and majority investments in its portfolio companies. Alaris Royalty Corp. was founded in 2008 and is based in Calgary, Canada.

Key Stats

• Today's Range: C$18.74 to C$19.01
• 50-Day Range: C$16.33 to C$19.03
• 52-Week Range: C$13.85 to C$19.19
• Volume: 64,215 shs
• Average Volume: 55,983 shs
• Market Capitalization: C$864.50 million
• P/E Ratio: 4.23
• Dividend Yield: 7.16%
• Price Target: C$19.88
• Consensus Rating: Moderate Buy

Alaris Equity Partners Income Trust (AD.UN) Stock Analysis - MarketRank™

Alaris Equity Partners Income Trust (AD.UN) scored higher than 46% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Alaris Equity Partners Income Trust (AD.UN) has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Alaris Equity Partners Income Trust (AD.UN) has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Alaris Equity Partners Income Trust (AD.UN) is 4.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alaris Equity Partners Income Trust (AD.UN) is 4.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.15.

Price to Earnings Growth Ratio

Alaris Equity Partners Income Trust (AD.UN) has a PEG Ratio of 0.80. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Alaris Equity Partners Income Trust (AD.UN) has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AD.UN.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Alaris Equity Partners Income Trust (AD.UN) is a leading dividend payer. It pays a dividend yield of 7.46%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Alaris Equity Partners Income Trust (AD.UN) does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Alaris Equity Partners Income Trust (AD.UN) is 30.29%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for AD.UN.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.95

News Sentiment

Alaris Equity Partners Income Trust (AD.UN) has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Alaris Equity Partners Income Trust (AD.UN) this week, compared to 0 articles on an average week.

MarketBeat Follows

Only 1 people have added Alaris Equity Partners Income Trust (AD.UN) to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Alaris Equity Partners Income Trust (AD.UN) insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.23% of the stock of Alaris Equity Partners Income Trust (AD.UN) is held by insiders.

Percentage Held by Institutions

Only 5.54% of the stock of Alaris Equity Partners Income Trust (AD.UN) is held by institutions.

AD.UN Stock Analysis - Frequently Asked Questions

How have AD.UN shares performed this year?

Alaris Equity Partners Income Trust (AD.UN)'s stock was trading at C$16.29 at the start of the year. Since then, AD.UN shares have increased by 16.6% and is now trading at C$19.00.
View the best growth stocks for 2024 here.

How do I buy shares of Alaris Equity Partners Income Trust (AD.UN)?

Shares of AD.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Finance
• Industry: Credit Services
• Sub-Industry: N/A
• Current Symbol: TSE:AD.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.alarisequitypartners.com
• Phone: +1-403-2280873
• Fax: N/A
• Employees: 14
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$19.88
• High Stock Price Target: C$21.00
• Low Stock Price Target: C$18.00
• Potential Upside/Downside: +4.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$4.49
• Trailing P/E Ratio: 4.24
• Forward P/E Ratio: 9.86
• P/E Growth: 0.8
• Net Income: C$209.96 million
• Net Margins: 97.33%
• Pretax Margin: N/A
• Return on Equity: 22.20%
• Return on Assets: 9.85%

Debt

• Debt-to-Equity Ratio: 6.33
• Current Ratio: 0.60
• Quick Ratio: 2.36

Sales & Book Value

• Annual Sales: C$215.71 million
• Price / Sales: 4.01
• Cash Flow: C$0.67 per share
• Price / Cash Flow: 28.23
• Book Value: C$22.01 per share
• Price / Book: 0.86

Miscellaneous

• Outstanding Shares: 45,500,000
• Free Float: N/A
• Market Cap: C$865.87 million
• Optionable: Not Optionable
• Beta: 2.08