Canadian (TSX) Real Estate Development Industry Analysis
UpdatedMay 26, 2022
DataAggregated Company Financials
Companies6
- 7D-0.2%
- 3M-6.9%
- 1Y44.9%
- YTD7.5%
In the last week, the Real Estate Development industry is flat overall, with Genesis Land Development standing out by going down 4.2%. As for the the longer term, the industry is up 45% over the past 12 months.
Industry Valuation and Performance
Has the Canadian Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | CA$2.5b | CA$768.6m | CA$260.5m | 9.1x |
| Mon, 25 Apr 2022 | CA$2.9b | CA$753.5m | CA$145.6m | 16.7x |
| Wed, 23 Mar 2022 | CA$2.9b | CA$753.5m | CA$145.6m | 16.8x |
| Fri, 18 Feb 2022 | CA$2.5b | CA$575.7m | -CA$15,935,353.00 | 43.7x |
| Sun, 16 Jan 2022 | CA$2.3b | CA$575.7m | -CA$15,935,353.00 | 41.4x |
| Tue, 14 Dec 2021 | CA$2.2b | CA$575.7m | -CA$15,935,353.00 | 41x |
| Thu, 11 Nov 2021 | CA$2.1b | CA$607.4m | -CA$65,857,507.00 | 106.5x |
| Sat, 09 Oct 2021 | CA$2.0b | CA$602.1m | -CA$64,659,507.00 | 107.9x |
| Mon, 06 Sep 2021 | CA$1.8b | CA$602.1m | -CA$64,659,507.00 | 90.7x |
| Wed, 04 Aug 2021 | CA$1.8b | CA$602.1m | -CA$64,659,507.00 | 93x |
| Sat, 08 May 2021 | CA$1.6b | CA$559.8m | -CA$120,856,133.00 | 13x |
| Tue, 09 Feb 2021 | CA$1.4b | CA$682.2m | CA$140.1m | 27.4x |
| Mon, 02 Nov 2020 | CA$1.1b | CA$1.0b | CA$562.3m | 6.9x |
| Thu, 06 Aug 2020 | CA$1.2b | CA$987.1m | CA$607.6m | 6.6x |
| Sun, 10 May 2020 | CA$1.2b | CA$989.5m | CA$639.8m | 2.3x |
| Sat, 01 Feb 2020 | CA$1.7b | CA$860.0m | CA$365.3m | 11.3x |
| Tue, 05 Nov 2019 | CA$1.7b | CA$669.6m | CA$75.8m | 28.2x |
| Fri, 09 Aug 2019 | CA$1.5b | CA$691.8m | CA$57.8m | 38.9x |
Median PE Ratio
31.5x
Current Industry PE
- Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.1x which is lower than its 3-year average PE of 30.6x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have grown 85% per year over the last three years.
- Revenues for these companies have grown 4.1% 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 Real Estate Development compare with similar industries?
| CA Market | 1.68% | |
| Real Estate | -0.49% | |
| Real Estate | -1.75% | |
| Real Estate Development | -0.16% | |
| Real Estate Services | -1.14% | |
| Diversified Real Estate | -1.42% | |
| Real Estate Operating Companies | -3.14% | |
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 | |
|---|---|---|---|---|---|
| DRM Dream Unlimited | CA$44.35 | 1.0% +CA$17.9m | 79.0% | PB1.3x | |
| MRD Melcor Developments | CA$13.91 | 0.9% +CA$3.9m | 4.4% | PB0.4x | |
| YEG Yorkton Equity Group | CA$0.18 | 5.9% +CA$1.1m | -47.1% | PB1x |