TO · RIT.TO
CI Canadian REIT ETF
- Sector
- Financial Services · REIT - Industrial
- Headquarters
- Toronto
- Website
- firstasset.com
Price · as of 2024-12-31
$17.75
Market cap 437.46M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $25.46 | +43.44% |
| Intrinsic Value(DCF) | $13.41 | -24.45% |
| Graham-Dodd Method(GD) | $4.73 | -73.37% |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | $5.11 | $28.95 | $5.98 | $21.64 | $0.00 |
| 2011 | $5.86 | $22.93 | $5.53 | $9.82 | $1.46 |
| 2012 | $6.85 | $222.78 | $5.90 | $12.80 | $56.99 |
| 2013 | $6.80 | $98.12 | $7.40 | $1.03 | $4.46 |
| 2014 | $7.68 | $154.68 | $306.47 | $7.33 | $1,176.36 |
| 2015 | $8.71 | $60.74 | $24.01 | $11.34 | $0.00 |
| 2016 | $10.04 | $35.05 | $0.00 | $18.53 | $527.11 |
| 2017 | $10.76 | $43.94 | $0.00 | $15.31 | $63.47 |
| 2018 | $12.49 | $21.85 | $8.30 | $6.69 | $0.00 |
| 2019 | $14.56 | $64.61 | $0.00 | $26.02 | $1,858.28 |
| 2020 | $13.55 | $29.89 | $0.00 | $0.00 | $207.80 |
| 2021 | $17.18 | $139.62 | $4.81 | $37.49 | |
| 2022 | $14.37 | $29.14 | $0.00 | $0.00 | $707.16 |
| 2023 | $14.71 | $32.01 | $12.05 | $5.78 | |
| 2024 | $15.19 | $25.46 | $12.23 | $4.73 | $0.00 |
AI valuation
Our deep-learning model estimates CI Canadian REIT ETF's (RIT.TO) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $25.46
- Current price
- $17.75
- AI upside
- +43.44%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$13.41
-24.45% upside
Graham-Dodd
$4.73
-73.37% upside
Graham Formula
—
— upside
About CI Canadian REIT ETF
The fund seeks long-term total return from an actively managed portfolio that holds Canadian real estate investment trusts (REITs), real estate operating companies (REOCs) and other corporations that provide real estate-related services which may include residential and commercial real estate sub-industries. Although the fund primarily focuses on domestic real estate securities, it may also have a foreign exposure for up to 30% of its net assets. The fund adviser (at its discretion) then uses currency forward contracts to hedge all or a portion of its non-CAD exposure for Canadian investors. Prior to April 22, 2021, the fund was named as CI First Asset Canadian REIT ETF.
- CEO
- Douglas J. Jamieson
- Employees
- 0
- Beta
- 0.88
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($13.41 ÷ $17.75) − 1 = -24.45% (DCF, example).