Previously, we had written an article on SmartCentres Real Estate Investment Trust (OTCPK:CWYUF) where we estimated a 34% upside for the stock. Since then, the price has appreciated 29.45% at the time of this writing. When including dividends, the total return has been 36.18% compared to the S&P 500's return of 24.64%. Going forward from here, it may not continue outperforming the S&P 500. In this article, we will update the company's valuation. Risks and growth catalysts remain the same as our previous article and suggest checking it out for more detail on the company.
*This is a premium seeking alpha article, so we can’t fully post it here.*