Alrov Properties and Lodgings Ltd. (ALRPR.TA)

Alrov Properties and Lodgings Ltd. (ALRPR.TA) — VMCI valuation read

Alrov Properties and Lodgings Ltd. sits at VMCI 51/100, with the Real Estate sector median at 50. That 1-point spread is the first thing to note on ALRPR.TA: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on ALRPR.TA are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on ALRPR.TA: ALRPR.TA trades at 20.0x earnings, 11% above the Real Estate median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 8.0% trails the Real Estate median (10.0%) by 2.0pp. The Risk read: net debt to EBITDA of -1.0x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

ALRPR.TA rose 0.4% over the trailing 7 days, with a +1.0% read on a 30-day basis.