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Canadian (TSX) Real Estate Development Industry Analysis

UpdatedMar 15, 2024
DataAggregated Company Financials
Companies4
  • 7D-1.5%
  • 3M-4.5%
  • 1Y-9.1%
  • YTDn/a

Last week, the Real Estate Development industry hasn't moved much but Dream Unlimited is up 3.2% in that time. Unfortunately though, the industry is down 8.9% over the past 12 months.

Industry Valuation and Performance

Has the Canadian Real Estate Development Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 15 Mar 2024CA$1.4bCA$905.5m-CA$42,606,738.008x-32.7x1.5x
Sun, 11 Feb 2024CA$1.5bCA$899.0mCA$9.4m9.1x159.8x1.7x
Tue, 09 Jan 2024CA$1.6bCA$899.7mCA$45.2m3.9x34.7x1.7x
Thu, 07 Dec 2023CA$1.4bCA$899.7mCA$45.2m3.8x30x1.5x
Sat, 04 Nov 2023CA$1.3bCA$797.0mCA$133.8m9.5x10x1.7x
Mon, 02 Oct 2023CA$1.3bCA$797.0mCA$133.8m9.3x10x1.7x
Wed, 30 Aug 2023CA$1.5bCA$797.0mCA$133.1m9.4x10.9x1.8x
Fri, 28 Jul 2023CA$1.4bCA$745.3mCA$284.4m4.8x4.9x1.9x
Sun, 25 Jun 2023CA$1.4bCA$745.3mCA$284.4m4.7x4.8x1.8x
Tue, 23 May 2023CA$1.5bCA$745.3mCA$284.1m5x5.1x1.9x
Thu, 20 Apr 2023CA$1.6bCA$730.0mCA$290.5m5.2x5.5x2.2x
Sat, 18 Mar 2023CA$1.5bCA$730.0mCA$290.5m5x5.3x2.1x
Mon, 13 Feb 2023CA$1.7bCA$759.2mCA$430.8m3.9x4x2.3x
Wed, 11 Jan 2023CA$1.6bCA$759.2mCA$430.8m3.6x3.7x2.1x
Fri, 09 Dec 2022CA$1.8bCA$759.2mCA$430.8m3.9x4.1x2.3x
Sun, 06 Nov 2022CA$1.6bCA$744.6mCA$354.7m4.2x4.5x2.1x
Tue, 04 Oct 2022CA$1.6bCA$736.0mCA$355.5m4.2x4.5x2.2x
Thu, 01 Sep 2022CA$1.8bCA$736.0mCA$355.5m4.8x5.1x2.5x
Sat, 30 Jul 2022CA$2.1bCA$761.9mCA$262.3m7.6x7.9x2.7x
Mon, 27 Jun 2022CA$2.0bCA$769.2mCA$264.9m7x7.4x2.6x
Wed, 25 May 2022CA$2.6bCA$768.6mCA$260.5m9.3x10x3.4x
Fri, 22 Apr 2022CA$2.9bCA$753.5mCA$145.6m17x20.1x3.9x
Sun, 20 Mar 2022CA$2.9bCA$753.5mCA$145.6m16.8x20x3.9x
Tue, 15 Feb 2022CA$2.5bCA$575.7m-CA$15,935,353.0044.2x-155x4.3x
Thu, 13 Jan 2022CA$2.3bCA$575.7m-CA$15,935,353.0040.9x-146.1x4x
Sat, 11 Dec 2021CA$2.3bCA$575.4m-CA$15,807,986.0041.2x-142.4x3.9x
Mon, 08 Nov 2021CA$2.1bCA$607.4m-CA$65,857,507.00108.1x-32.1x3.5x
Wed, 06 Oct 2021CA$1.9bCA$602.1m-CA$64,659,507.00108.6x-30x3.2x
Fri, 03 Sep 2021CA$1.8bCA$602.1m-CA$64,659,507.0090.7x-27.7x3x
Sun, 01 Aug 2021CA$1.8bCA$602.1m-CA$64,659,507.0094x-27.9x3x
Wed, 05 May 2021CA$1.6bCA$559.8m-CA$120,856,133.0013x-13.6x2.9x
Price to Earnings Ratio

-13.1x


Total Market Cap: CA$1.6bTotal Earnings: -CA$120,856,133.00Total Revenue: CA$559.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Real Estate Development Industry Price to Earnings3Y Average -10.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Real Estate Development industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Development industry have improved 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 losses are decreasing too.

Industry Comparison

How does Canadian Real Estate Development compare with similar industries?

CA Market-0.085%
Real Estate-0.72%
Real Estate2.06%
Real Estate Development-1.49%
Diversified Real Estate3.40%
Real Estate Services2.49%
Real Estate Operating Companies1.55%
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
GDC Genesis Land DevelopmentCA$2.672.7%
+CA$4.0m
29.6%PE10.4x
IMPT Impact Development GroupCA$4.360.2%
+CA$141.4k
n/aPS8.6x
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Latest News

MRD

CA$11.38

Melcor Developments

7D

-0.4%

1Y

-3.5%

DRM

CA$19.72

Dream Unlimited

7D

-6.4%

1Y

-13.5%

GDC

CA$2.67

Genesis Land Development

7D

2.7%

1Y

29.6%

IMPT

CA$4.36

Impact Development Group

7D

0.2%

1Y

n/a

GRB

CA$0.91

Greenbriar Sustainable Living

7D

-4.2%

1Y

-16.5%