Q: Hi Team,
I've been contemplating taking a position in either H&R (HR.UN) or Artis REIT (AX.UN). Upon comparing the two based on fundamentals, Artis seems to win hands down. It's PE is cheaper, their ROE is higher, their dividend is higher, and their payout ratio is about 36%, as opposed to 114% for H&R.
One difference I did notice was that H&R's profitability was increasing at a much higher rate last few years.
Given the above, what other reasons might i want to consider in making a choice? I want to go with your favourite, H&R, but it's hard to argue with the numbers.
I've been contemplating taking a position in either H&R (HR.UN) or Artis REIT (AX.UN). Upon comparing the two based on fundamentals, Artis seems to win hands down. It's PE is cheaper, their ROE is higher, their dividend is higher, and their payout ratio is about 36%, as opposed to 114% for H&R.
One difference I did notice was that H&R's profitability was increasing at a much higher rate last few years.
Given the above, what other reasons might i want to consider in making a choice? I want to go with your favourite, H&R, but it's hard to argue with the numbers.