Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Canadian (TSX) Real Estate Development Industry Analysis

UpdatedOct 16, 2024
DataAggregated Company Financials
Companies5
  • 7D-0.7%
  • 3M36.1%
  • 1Y54.0%
  • YTDn/a

Over the last 7 days, the Real Estate Development industry has risen 1.2%, driven by gains from Dream Unlimited of 2.8%. During this same period, the Genesis Land Development underperformed, falling 8.0%. In the last 12 months, the industry was up 55%. In the next few years, earnings are forecast to decline by 6.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 16 Oct 2024CA$2.0bCA$1.2bCA$113.7m5.3x17.7x1.7x
Fri, 13 Sep 2024CA$1.9bCA$1.2bCA$113.4m5x16.4x1.6x
Sun, 11 Aug 2024CA$1.5bCA$1.1b-CA$44,359,383.006.5x-34.6x1.4x
Tue, 09 Jul 2024CA$1.4bCA$1.0b-CA$31,233,744.774.8x-46.3x1.4x
Thu, 06 Jun 2024CA$1.4bCA$1.0b-CA$50,000,383.007.1x-27.8x1.3x
Sat, 04 May 2024CA$1.3bCA$905.5m-CA$42,215,248.009x-31.4x1.5x
Mon, 01 Apr 2024CA$1.4bCA$905.5m-CA$42,606,738.008.1x-31.8x1.5x
Wed, 28 Feb 2024CA$1.4bCA$839.2m-CA$20,709,738.0010.5x-68.3x1.7x
Fri, 26 Jan 2024CA$1.6bCA$899.7mCA$45.2m3.9x36.1x1.8x
Sun, 24 Dec 2023CA$1.5bCA$899.7mCA$45.2m3.8x34.3x1.7x
Tue, 21 Nov 2023CA$1.4bCA$899.7mCA$46.5m3.9x29.7x1.5x
Thu, 19 Oct 2023CA$1.3bCA$797.0mCA$133.8m9.3x9.6x1.6x
Sat, 16 Sep 2023CA$1.4bCA$797.0mCA$133.8m9x10.8x1.8x
Mon, 14 Aug 2023CA$1.4bCA$797.0mCA$133.1m8.9x10.3x1.7x
Wed, 12 Jul 2023CA$1.4bCA$745.3mCA$284.4m4.7x4.8x1.8x
Fri, 09 Jun 2023CA$1.5bCA$745.3mCA$284.4m5x5.1x2x
Sun, 07 May 2023CA$1.5bCA$746.9mCA$291.8m4.9x5.1x2x
Tue, 04 Apr 2023CA$1.6bCA$730.0mCA$290.5m5.2x5.5x2.2x
Thu, 02 Mar 2023CA$1.7bCA$776.8mCA$299.3m5.3x5.7x2.2x
Sat, 28 Jan 2023CA$1.8bCA$759.2mCA$430.8m3.9x4.1x2.3x
Mon, 26 Dec 2022CA$1.6bCA$759.2mCA$430.8m3.6x3.8x2.1x
Wed, 23 Nov 2022CA$1.9bCA$758.7mCA$424.5m4x4.4x2.5x
Fri, 21 Oct 2022CA$1.6bCA$736.0mCA$355.5m4.2x4.4x2.1x
Sun, 18 Sep 2022CA$1.7bCA$736.0mCA$355.5m4.5x4.7x2.3x
Tue, 16 Aug 2022CA$2.0bCA$735.5mCA$356.4m5.3x5.7x2.7x
Thu, 14 Jul 2022CA$1.9bCA$769.2mCA$264.9m6.8x7.3x2.5x
Sat, 11 Jun 2022CA$2.3bCA$769.2mCA$264.9m8.2x8.5x2.9x
Mon, 09 May 2022CA$2.7bCA$755.8mCA$143.1m16.4x18.7x3.5x
Wed, 06 Apr 2022CA$3.0bCA$753.5mCA$145.6m17.1x20.5x4x
Fri, 04 Mar 2022CA$2.8bCA$683.9mCA$100.7m31.8x27.8x4.1x
Sun, 30 Jan 2022CA$2.4bCA$575.7m-CA$15,935,353.0040.9x-149.2x4.1x
Tue, 28 Dec 2021CA$2.3bCA$575.7m-CA$15,935,353.0040.7x-144.5x4x
Thu, 25 Nov 2021CA$2.2bCA$576.1m-CA$17,269,507.0028.1x-126.7x3.8x
Sat, 23 Oct 2021CA$2.0bCA$602.1m-CA$64,659,507.00105.5x-31.1x3.3x
Price to Earnings Ratio

-31.1x


Total Market Cap: CA$2.0bTotal Earnings: -CA$64,659,507.00Total Revenue: CA$602.1mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Real Estate Development Industry Price to Earnings3Y Average -10.7x202220232024
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 industry is trading at a PE ratio of 17.7x which is higher than its 3-year average PE of -10.8x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • Total earnings for the Real Estate Development industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 26% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Canadian Real Estate Development compare with similar industries?

CA Market1.45%
Real Estate1.51%
Real Estate2.70%
Real Estate Development-0.74%
Real Estate Services3.58%
Real Estate Operating Companies-0.46%
Diversified Real Estate-0.57%
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
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
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

DRM

CA$32.20

Dream Unlimited

7D

-0.6%

1Y

74.6%

MRD

CA$13.10

Melcor Developments

7D

-0.4%

1Y

16.9%

GDC

CA$3.87

Genesis Land Development

7D

-2.3%

1Y

59.3%