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Canadian (TSX) Thrifts and Mortgage Finance Industry Analysis

UpdatedApr 17, 2024
DataAggregated Company Financials
Companies6
  • 7D-2.6%
  • 3M3.5%
  • 1Y-4.7%
  • YTDn/a

The Thrifts and Mortgage Finance is pretty flat in the last 7 days, but Dominion Lending Centres has stood out, gaining 4.4%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Apr 2024CA$2.2bCA$385.5mCA$231.1m9.5x9.7x5.8x
Fri, 15 Mar 2024CA$2.3bCA$383.6mCA$231.2m9.7x9.9x5.9x
Sun, 11 Feb 2024CA$2.2bCA$383.1mCA$236.6m9.3x9.4x5.8x
Tue, 09 Jan 2024CA$3.9bCA$902.7mCA$412.6m9.3x9.3x4.3x
Thu, 07 Dec 2023CA$3.8bCA$902.7mCA$412.6m9.2x9.3x4.2x
Sat, 04 Nov 2023CA$3.8bCA$890.7mCA$427.5m8.7x8.8x4.2x
Mon, 02 Oct 2023CA$3.7bCA$890.6mCA$427.4m8.7x8.7x4.2x
Wed, 30 Aug 2023CA$3.9bCA$892.0mCA$427.7m9.4x9.1x4.4x
Fri, 28 Jul 2023CA$3.9bCA$846.3mCA$402.7m10.3x9.7x4.6x
Sun, 25 Jun 2023CA$3.8bCA$846.3mCA$402.7m9.7x9.5x4.5x
Tue, 23 May 2023CA$3.9bCA$846.1mCA$402.7m10.1x9.8x4.7x
Thu, 20 Apr 2023CA$4.0bCA$823.6mCA$360.9m10.9x11x4.8x
Sat, 18 Mar 2023CA$5.9bCA$1.6bCA$621.0m10.3x9.5x3.7x
Mon, 13 Feb 2023CA$6.5bCA$1.5bCA$652.8m11.2x9.9x4.2x
Wed, 11 Jan 2023CA$6.0bCA$1.5bCA$652.8m10.7x9.2x3.9x
Fri, 09 Dec 2022CA$6.1bCA$1.5bCA$652.9m10.2x9.3x4x
Sun, 06 Nov 2022CA$4.9bCA$1.5bCA$660.4m8x7.4x3.4x
Tue, 04 Oct 2022CA$4.8bCA$1.5bCA$660.5m8.4x7.2x3.3x
Thu, 01 Sep 2022CA$5.1bCA$1.5bCA$660.3m9.6x7.7x3.5x
Sat, 30 Jul 2022CA$5.2bCA$1.5bCA$717.4m8.1x7.2x3.4x
Mon, 27 Jun 2022CA$5.1bCA$1.5bCA$717.4m8.2x7.1x3.4x
Wed, 25 May 2022CA$5.6bCA$1.5bCA$717.4m8.3x7.8x3.7x
Fri, 22 Apr 2022CA$6.2bCA$1.5bCA$716.8m8.2x8.6x4.1x
Sun, 20 Mar 2022CA$6.8bCA$1.5bCA$716.2m8.8x9.4x4.5x
Tue, 15 Feb 2022CA$6.6bCA$1.5bCA$719.7m8.5x9.2x4.4x
Thu, 13 Jan 2022CA$6.7bCA$1.5bCA$711.0m8.9x9.4x4.5x
Sat, 11 Dec 2021CA$7.0bCA$1.5bCA$711.1m8.8x9.8x4.7x
Mon, 08 Nov 2021CA$7.4bCA$1.5bCA$717.8m9.3x10.4x5x
Wed, 06 Oct 2021CA$6.6bCA$1.5bCA$727.8m8.6x9.1x4.5x
Fri, 03 Sep 2021CA$7.1bCA$1.5bCA$727.7m9.2x9.7x4.8x
Sun, 01 Aug 2021CA$6.9bCA$1.5bCA$727.7m8.8x9.5x4.7x
Wed, 05 May 2021CA$6.2bCA$1.4bCA$655.7m8.4x9.5x4.5x
Price to Earnings Ratio

9.5x


Total Market Cap: CA$6.2bTotal Earnings: CA$655.7mTotal Revenue: CA$1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Thrifts and Mortgage Finance Industry Price to Earnings3Y Average 9.1x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Thrifts and Mortgage Finance 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 3-year average PS ratio of 4.3x is lower than the industry's current PS ratio of 5.9x.
Past Earnings Growth
  • The earnings for companies in the Thrifts and Mortgage Finance industry have declined 29% per year over the last three years,
  • Revenues have also declined 35% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Canadian Thrifts and Mortgage Finance compare with similar industries?

CA Market-3.02%
Financials-4.09%
Mortgage Finance0%
Thrifts and Mortgage Finance-2.58%
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
No data available
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

FC

CA$11.22

Firm Capital Mortgage Investment

7D

-1.7%

1Y

-2.4%

FN

CA$37.61

First National Financial

7D

-1.3%

1Y

-1.3%

AI

CA$11.12

Atrium Mortgage Investment

7D

-3.5%

1Y

-10.1%

MKP

CA$15.48

MCAN Mortgage

7D

-1.9%

1Y

-0.3%

TF

CA$7.49

Timbercreek Financial

7D

-2.6%

1Y

-8.8%

Timbercreek Financial (TSE:TF) Will Pay A Dividend Of CA$0.0575

Mar 25
Timbercreek Financial (TSE:TF) Will Pay A Dividend Of CA$0.0575

DLCG

CA$3.04

Dominion Lending Centres

7D

-4.7%

1Y

14.3%