TSX:AP.UN Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	1,891	1,869	2,397	2,820	3,578	5,611
Market Cap Growth	-21.15%	-22.04%	-15.02%	-21.17%	-36.24%	16.56%
Enterprise Value	6,502	6,514	6,745	6,216	8,255	9,021
Last Close Price	9.66	13.31	15.39	16.35	18.61	30.33
Price/FFO Ratio	7.02	7.02	7.08	6.87	7.62	15.26
Price/AFFO Ratio	7.74	7.74	7.87	7.51	8.56	14.50
PE Ratio	-	-	-	-	9.70	12.66
PS Ratio	3.19	3.16	4.03	4.97	6.85	11.83
PB Ratio	0.47	0.47	0.43	0.46	0.50	0.87
P/OCF Ratio	7.41	7.32	16.21	8.79	11.14	23.27
EV/Sales Ratio	10.98	11.00	11.35	10.94	15.80	19.02
EV/EBITDA Ratio	36.51	36.58	22.12	19.86	28.32	32.77
EV/EBIT Ratio	46.96	47.05	25.32	22.19	32.01	37.30
Debt / Equity Ratio	1.17	1.17	0.80	0.61	0.60	0.56
Debt / EBITDA Ratio	26.43	26.43	14.50	11.85	14.62	13.13
Net Debt / Equity Ratio	1.15	1.15	0.78	0.57	0.60	0.56
Net Debt / EBITDA Ratio	25.89	25.89	14.26	11.18	14.55	13.05
Asset Turnover	0.06	0.06	0.06	0.05	0.05	0.05
Quick Ratio	0.11	0.11	0.08	0.30	0.09	0.16
Current Ratio	0.53	0.53	0.45	0.73	2.20	0.91
Return on Equity (ROE)	-27.72%	-27.72%	-5.86%	-8.23%	2.58%	5.26%
Return on Assets (ROA)	0.87%	0.87%	1.57%	1.55%	1.45%	1.53%
Earnings Yield	-70.20%	-71.04%	-14.29%	-15.09%	10.31%	7.90%
Dividend Yield	7.48%	12.84%	11.70%	11.01%	9.40%	5.61%
Payout Ratio	-	-	-	-	60.54%	48.72%
Buyback Yield / Dilution	-	-	-	-2.09%	-7.41%	-2.34%
Total Shareholder Return	7.48%	12.84%	11.70%	8.92%	1.99%	3.26%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.