Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
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Canadian (TSX) Thrifts and Mortgage Finance Industry Analysis
UpdatedMay 26, 2022
DataAggregated Company Financials
Companies8
- 7D2.1%
- 3M-14.8%
- 1Y-11.0%
- YTD-14.4%
Over the last 7 days, the Thrifts and Mortgage Finance industry has risen 2.1%, driven by gains from Home Capital Group of 7.2%. However, the industry is down 11% over the past year. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Canadian Thrifts and Mortgage Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | CA$5.7b | CA$1.5b | CA$717.4m | 8.3x |
| Mon, 25 Apr 2022 | CA$6.1b | CA$1.5b | CA$719.9m | 8.1x |
| Wed, 23 Mar 2022 | CA$6.8b | CA$1.5b | CA$716.1m | 8.8x |
| Fri, 18 Feb 2022 | CA$6.7b | CA$1.5b | CA$720.4m | 8.6x |
| Sun, 16 Jan 2022 | CA$6.8b | CA$1.5b | CA$711.0m | 8.9x |
| Tue, 14 Dec 2021 | CA$6.8b | CA$1.5b | CA$711.1m | 8.7x |
| Thu, 11 Nov 2021 | CA$7.4b | CA$1.5b | CA$719.4m | 9.2x |
| Sat, 09 Oct 2021 | CA$7.0b | CA$1.5b | CA$727.8m | 8.8x |
| Mon, 06 Sep 2021 | CA$7.1b | CA$1.5b | CA$727.7m | 9.2x |
| Wed, 04 Aug 2021 | CA$6.8b | CA$1.5b | CA$727.7m | 8.7x |
| Sat, 08 May 2021 | CA$6.2b | CA$1.4b | CA$655.7m | 8.4x |
| Tue, 09 Feb 2021 | CA$5.4b | CA$1.2b | CA$540.1m | 10.2x |
| Mon, 02 Nov 2020 | CA$4.5b | CA$1.2b | CA$509.8m | 9.5x |
| Thu, 06 Aug 2020 | CA$4.3b | CA$1.1b | CA$464.5m | 10.1x |
| Sun, 10 May 2020 | CA$3.9b | CA$1.1b | CA$467.6m | 9.1x |
| Sat, 01 Feb 2020 | CA$5.8b | CA$1.2b | CA$513.0m | 10.5x |
| Tue, 05 Nov 2019 | CA$5.7b | CA$1.1b | CA$485.9m | 11.8x |
| Fri, 09 Aug 2019 | CA$5.1b | CA$1.0b | CA$463.2m | 14.4x |
Median PE Ratio
9.9x
Current Industry PE
- Investors are relatively neutral on the 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 10.1x.
Past Earnings Growth
- The earnings for companies in the Thrifts and Mortgage Finance industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Canadian Thrifts and Mortgage Finance compare with similar industries?
| CA Market | 1.68% | |
| Financials | 1.64% | |
| Mortgage Finance | 2.08% | |
| Thrifts and Mortgage Finance | 2.08% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HCG Home Capital Group | CA$29.92 | 8.3% +CA$98.3m | -14.0% | PB0.8x | |
| FN First National Financial | CA$36.43 | 2.9% +CA$61.8m | -29.9% | PB3.9x | |
| EQB Equitable Group | CA$62.42 | 2.3% +CA$48.1m | -10.8% | PB1.1x | |
| TF Timbercreek Financial | CA$8.91 | 1.7% +CA$13.0m | -6.1% | PB1.1x | |
| MKP MCAN Mortgage | CA$18.01 | 1.9% +CA$10.4m | 2.7% | PB1.3x |