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Canadian (TSX) Real Estate Operating Companies Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies19
  • 7D0.5%
  • 3M22.9%
  • 1Y10.1%
  • YTDn/a

Over the last 7 days, the Real Estate Operating Companies industry has remained flat, although notably Kadestone Capital declined by 20%. The past year has been better, since the industry has gained 10% in that time. Looking forward, earnings are forecast to decline by 30% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024CA$10.0bCA$3.3bCA$387.1m10.7x25.9x3x
Mon, 22 Jan 2024CA$9.5bCA$3.3b-CA$55,360,419.007.9x-171.7x2.9x
Wed, 20 Dec 2023CA$8.6bCA$3.3b-CA$2,305,867.0010.3x-3746.4x2.6x
Fri, 17 Nov 2023CA$7.9bCA$3.3bCA$52.3m7.1x151.1x2.4x
Sun, 15 Oct 2023CA$7.5bCA$3.4bCA$194.9m6.3x38.3x2.2x
Tue, 12 Sep 2023CA$8.1bCA$3.4bCA$193.3m6.6x42.1x2.4x
Thu, 10 Aug 2023CA$8.4bCA$3.3bCA$728.1m7x11.5x2.5x
Sat, 08 Jul 2023CA$8.6bCA$3.3bCA$850.3m6.7x10.2x2.7x
Mon, 05 Jun 2023CA$8.5bCA$3.3bCA$859.0m6.6x9.9x2.6x
Wed, 03 May 2023CA$8.3bCA$3.2bCA$1.3b6.5x6.3x2.6x
Fri, 31 Mar 2023CA$8.4bCA$3.1bCA$1.3b6.8x6.4x2.7x
Sun, 26 Feb 2023CA$8.8bCA$3.1bCA$2.0b6.4x4.4x2.8x
Tue, 24 Jan 2023CA$8.7bCA$3.1bCA$2.0b6.2x4.4x2.8x
Thu, 22 Dec 2022CA$8.2bCA$3.1bCA$2.0b6.1x4.1x2.6x
Sat, 19 Nov 2022CA$8.9bCA$3.1bCA$1.9b6.3x4.6x2.9x
Mon, 17 Oct 2022CA$8.3bCA$2.9bCA$2.1b5.1x4x2.9x
Wed, 14 Sep 2022CA$9.4bCA$2.8bCA$2.0b5.5x4.8x3.4x
Fri, 12 Aug 2022CA$10.1bCA$2.8bCA$2.0b5.3x5.1x3.7x
Sun, 10 Jul 2022CA$9.3bCA$2.7bCA$1.6b5.2x5.9x3.5x
Tue, 07 Jun 2022CA$9.7bCA$2.6bCA$1.6b5.7x6.2x3.7x
Thu, 05 May 2022CA$10.7bCA$2.5bCA$1.2b5.8x8.9x4.2x
Sat, 02 Apr 2022CA$11.8bCA$2.5bCA$1.2b7.5x10x4.7x
Mon, 28 Feb 2022CA$11.5bCA$2.6bCA$1.1b7.4x10.6x4.4x
Wed, 26 Jan 2022CA$10.9bCA$2.6bCA$868.7m7.8x12.6x4.2x
Fri, 24 Dec 2021CA$11.3bCA$2.6bCA$882.3m8.1x12.8x4.3x
Sun, 21 Nov 2021CA$9.1bCA$1.5bCA$798.8m8.1x11.4x5.9x
Tue, 19 Oct 2021CA$8.9bCA$1.4bCA$531.0m9.5x16.7x6.2x
Thu, 16 Sep 2021CA$7.8bCA$1.4bCA$531.4m9x14.6x5.4x
Sat, 14 Aug 2021CA$7.4bCA$1.4bCA$531.5m8.5x13.9x5.2x
Wed, 09 Jun 2021CA$5.9bCA$1.4bCA$175.8m9.5x33.8x4.3x
Tue, 02 Mar 2021CA$5.4bCA$1.3b-CA$26,397,408.4010.7x-203.3x4.3x
Price to Earnings Ratio

-203.3x


Total Market Cap: CA$5.4bTotal Earnings: -CA$26,397,408.40Total Revenue: CA$1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Real Estate Operating Companies Industry Price to Earnings3Y Average -503.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Real Estate Operating Companies 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 25.9x which is higher than its 3-year average PE of -504x.
  • The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • Total earnings for the Real Estate Operating Companies industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 38% 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 Operating Companies compare with similar industries?

CA Market0.97%
Real Estate-0.69%
Real Estate-1.77%
Real Estate Operating Companies0.53%
Real Estate Development-0.88%
Real Estate Services-2.54%
Diversified Real Estate-10.68%
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
TCN Tricon ResidentialCA$15.050.9%
+CA$41.2m
34.1%PE15.9x
SVI StorageVault CanadaCA$5.380.6%
+CA$11.2m
-13.5%PE714.4x
MEQ Mainstreet EquityCA$170.820.5%
+CA$8.1m
26.9%PE9.8x
IVQ InvesqueCA$0.4231.3%
+CA$5.6m
-66.4%PS0.09x
IEI Imperial EquitiesCA$4.3915.2%
+CA$5.5m
-12.7%PE18.9x
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Latest News

IVQ

CA$0.42

Invesque

7D

31.3%

1Y

-66.4%

MRC

CA$110.53

Morguard

7D

-0.4%

1Y

-1.1%

SVI

CA$5.38

StorageVault Canada

7D

0.6%

1Y

-13.5%

IEI

CA$4.39

Imperial Equities

7D

15.2%

1Y

-12.7%

NXLV

CA$2.08

NexLiving Communities

7D

-5.5%

1Y

-16.8%

MEQ

CA$170.82

Mainstreet Equity

7D

0.5%

1Y

26.9%

COHO

CA$0.16

Coho Collective Kitchens

7D

10.3%

1Y

23.1%

TCN

CA$15.05

Tricon Residential

7D

0.9%

1Y

34.1%

BEK.B

CA$12.25

Becker Milk

7D

-6.3%

1Y

-7.2%

UFC

CA$0.91

Urbanfund

7D

2.2%

1Y

4.6%

YEG

CA$0.15

Yorkton Equity Group

7D

7.1%

1Y

-14.3%

YAK

CA$1.46

Mongolia Growth Group

7D

-2.7%

1Y

0.7%