Header cover image

Canadian (TSX) Thrifts and Mortgage Finance Industry Analysis

UpdatedMar 04, 2024
DataAggregated Company Financials
Companies6
  • 7D1.7%
  • 3M10.2%
  • 1Y-5.2%
  • YTDn/a

The Thrifts and Mortgage Finance industry has stayed flat over the last week. As for the longer term, the industry has declined 5.2% in the last year. Looking forward, earnings are forecast to grow by 7.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Mar 2024CA$2.3bCA$383.6mCA$231.2m9.7x9.8x5.9x
Wed, 31 Jan 2024CA$4.0bCA$902.7mCA$412.6m9.5x9.6x4.4x
Fri, 29 Dec 2023CA$3.8bCA$902.7mCA$412.6m9.2x9.3x4.2x
Sun, 26 Nov 2023CA$3.8bCA$902.7mCA$412.6m9.2x9.2x4.2x
Tue, 24 Oct 2023CA$3.7bCA$890.6mCA$427.5m8.2x8.6x4.1x
Thu, 21 Sep 2023CA$3.8bCA$890.5mCA$427.4m9.2x9x4.3x
Sat, 19 Aug 2023CA$3.9bCA$892.0mCA$427.7m9.5x9.1x4.4x
Mon, 17 Jul 2023CA$3.9bCA$846.3mCA$402.7m10x9.6x4.6x
Wed, 14 Jun 2023CA$3.9bCA$846.4mCA$402.7m10x9.6x4.6x
Fri, 12 May 2023CA$3.9bCA$846.0mCA$402.7m10.4x9.8x4.7x
Sun, 09 Apr 2023CA$3.9bCA$823.7mCA$360.9m10.9x10.8x4.7x
Tue, 07 Mar 2023CA$6.4bCA$1.6bCA$620.9m10.5x10.2x4x
Thu, 02 Feb 2023CA$6.4bCA$1.5bCA$652.8m11.3x9.8x4.2x
Sat, 31 Dec 2022CA$5.9bCA$1.5bCA$652.8m10.6x9x3.8x
Mon, 28 Nov 2022CA$6.1bCA$1.5bCA$652.9m11.1x9.4x4x
Wed, 26 Oct 2022CA$4.5bCA$1.5bCA$660.4m8.4x6.9x3.1x
Fri, 23 Sep 2022CA$4.8bCA$1.5bCA$660.4m8.6x7.3x3.3x
Sun, 21 Aug 2022CA$5.4bCA$1.5bCA$660.8m9x8.2x3.7x
Tue, 19 Jul 2022CA$4.9bCA$1.5bCA$717.4m8x6.8x3.3x
Thu, 16 Jun 2022CA$5.3bCA$1.5bCA$717.4m8.3x7.3x3.5x
Sat, 14 May 2022CA$5.5bCA$1.5bCA$717.7m7.9x7.7x3.7x
Mon, 11 Apr 2022CA$6.3bCA$1.5bCA$716.1m8.3x8.8x4.2x
Wed, 09 Mar 2022CA$6.5bCA$1.5bCA$715.8m8.6x9x4.3x
Fri, 04 Feb 2022CA$6.4bCA$1.5bCA$711.0m8.9x9x4.3x
Sun, 02 Jan 2022CA$6.5bCA$1.5bCA$711.0m8.9x9.1x4.4x
Tue, 30 Nov 2021CA$7.4bCA$1.5bCA$711.1m9.4x10.3x5x
Thu, 28 Oct 2021CA$7.1bCA$1.5bCA$727.7m9x9.7x4.8x
Sat, 25 Sep 2021CA$6.8bCA$1.5bCA$727.8m8.5x9.4x4.6x
Mon, 23 Aug 2021CA$7.0bCA$1.5bCA$727.7m8.7x9.6x4.7x
Sat, 10 Jul 2021CA$6.5bCA$1.5bCA$727.7m8.6x9x4.4x
Fri, 02 Apr 2021CA$5.9bCA$1.4bCA$655.7m8.3x9x4.3x
Price to Earnings Ratio

9x


Total Market Cap: CA$5.9bTotal 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 24% per year over the last three years,
  • Revenues have also declined 32% 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 Market0.75%
Financials-0.16%
Mortgage Finance0%
Thrifts and Mortgage Finance1.73%
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
TF Timbercreek FinancialCA$7.747.6%
+CA$45.7m
-6.0%PE9.7x
FN First National FinancialCA$40.260.1%
+CA$3.0m
1.0%PE9.8x
FDI FindevCA$0.406.8%
+CA$716.2k
-22.5%PE7.7x
AI Atrium Mortgage InvestmentCA$11.300.09%
+CA$440.5k
-9.2%PE9.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

DLCG

CA$2.75

Dominion Lending Centres

7D

-6.1%

1Y

-12.7%

TF

CA$7.74

Timbercreek Financial

7D

7.6%

1Y

-6.0%

MKP

CA$16.66

MCAN Mortgage

7D

-0.6%

1Y

0.7%

AI

CA$11.30

Atrium Mortgage Investment

7D

0.09%

1Y

-9.2%

FN

CA$40.26

First National Financial

7D

0.1%

1Y

1.0%