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Canadian (TSX) Mortgage Finance Industry Analysis

UpdatedNov 30, 2022
DataAggregated Company Financials
Companies9
  • 7D1.4%
  • 3M14.4%
  • 1Y-12.0%
  • YTD-11.0%

The Mortgage Finance industry is up 1.4% in the last week, with EQB up 2.9%. However, the industry is down 12% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

Has the Canadian Mortgage Finance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022CA$6.1bCA$1.5bCA$653.0m11x9.4x4x
Fri, 28 Oct 2022CA$4.6bCA$1.5bCA$660.4m8x7x3.2x
Sun, 25 Sep 2022CA$4.7bCA$1.5bCA$660.4m8.4x7.2x3.2x
Tue, 23 Aug 2022CA$5.3bCA$1.5bCA$660.9m9x8x3.6x
Thu, 21 Jul 2022CA$5.0bCA$1.5bCA$717.4m8.1x7x3.3x
Sat, 18 Jun 2022CA$5.0bCA$1.5bCA$717.4m8.1x6.9x3.3x
Mon, 16 May 2022CA$5.5bCA$1.5bCA$717.7m7.9x7.7x3.7x
Wed, 13 Apr 2022CA$6.0bCA$1.5bCA$716.1m8.7x8.4x4x
Fri, 11 Mar 2022CA$6.6bCA$1.5bCA$716.2m8.7x9.2x4.4x
Sun, 06 Feb 2022CA$6.6bCA$1.5bCA$711.1m9.1x9.2x4.4x
Tue, 04 Jan 2022CA$6.5bCA$1.5bCA$711.1m8.9x9.1x4.4x
Thu, 02 Dec 2021CA$7.0bCA$1.5bCA$711.1m9.1x9.8x4.7x
Sat, 30 Oct 2021CA$7.1bCA$1.5bCA$727.9m9x9.8x4.8x
Mon, 27 Sep 2021CA$6.8bCA$1.5bCA$727.8m8.5x9.4x4.6x
Wed, 25 Aug 2021CA$7.1bCA$1.5bCA$727.7m9.3x9.7x4.8x
Thu, 01 Jul 2021CA$6.5bCA$1.5bCA$727.7m8.6x9x4.4x
Sun, 04 Apr 2021CA$5.9bCA$1.4bCA$655.7m8.3x9x4.3x
Wed, 06 Jan 2021CA$5.3bCA$1.2bCA$540.1m10.2x9.8x4.3x
Sat, 10 Oct 2020CA$4.2bCA$1.2bCA$509.8m9.6x8.3x3.6x
Fri, 03 Jul 2020CA$4.1bCA$1.1bCA$464.5m10x8.8x3.7x
Mon, 06 Apr 2020CA$3.4bCA$1.1bCA$467.6m8.5x7.3x3.1x
Thu, 09 Jan 2020CA$6.0bCA$1.2bCA$513.0m11.5x11.7x5.2x
Price to Earnings Ratio

12.6x


Total Market Cap: CA$6.1bTotal Earnings: CA$485.9mTotal Revenue: CA$1.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Mortgage Finance Industry Price to Earnings3Y Average 9.1x202020212022
Current Industry PE
  • Investors are relatively neutral on the Canadian Mortgage industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 9.1x.
  • The industry is trading close to its 3-year average PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Mortgage industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Financials industry?

CA Market0.22%
Financials-0.014%
Mortgage Finance1.45%
Thrifts and Mortgage Finance1.45%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
EQB EQBCA$59.102.9%
+CA$62.6m
-20.8%PB1.1x
MKP MCAN MortgageCA$16.702.5%
+CA$13.1m
-4.2%PB1.2x
DLCG Dominion Lending CentresCA$3.658.0%
+CA$13.1m
0%PB5x
FN First National FinancialCA$36.630.4%
+CA$9.0m
-11.1%PB3.7x
TF Timbercreek FinancialCA$7.880.9%
+CA$5.9m
-13.1%PB0.9x
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HCG

CA$42.67

Home Capital Group

7D

0.07%

1Y

2.9%

DLCG

CA$3.65

Dominion Lending Centres

7D

8.0%

1Y

0%

TF

CA$7.88

Timbercreek Financial

7D

0.9%

1Y

-13.1%

FDI

CA$0.51

Findev

7D

2.0%

1Y

5.2%

AI

CA$11.13

Atrium Mortgage Investment

7D

-0.8%

1Y

-17.4%

FN

CA$36.63

First National Financial

7D

0.4%

1Y

-11.1%

FC

CA$11.69

Firm Capital Mortgage Investment

7D

-1.5%

1Y

-15.7%

TII

CA$4.35

Terra Firma Capital

7D

7.9%

1Y

-27.5%

MKP

CA$16.70

MCAN Mortgage

7D

2.5%

1Y

-4.2%