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Canadian (TSX) Real Estate Operating Companies Industry Analysis

UpdatedMay 31, 2023
DataAggregated Company Financials
Companies20
  • 7D-0.7%
  • 3M-3.0%
  • 1Y-16.4%
  • YTD0.5%

The Real Estate Operating Companies industry has stayed flat over the last week. As for the longer term, the industry has declined 16% in the last year. As for the next few years, earnings are forecast to decline by 42% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jun 2023CA$8.4bCA$3.3bCA$869.0m6.4x9.7x2.6x
Sat, 29 Apr 2023CA$8.3bCA$3.2bCA$1.3b6.6x6.3x2.6x
Mon, 27 Mar 2023CA$8.2bCA$3.2bCA$1.3b6.7x6.2x2.6x
Wed, 22 Feb 2023CA$9.0bCA$3.1bCA$2.0b6.8x4.5x2.9x
Fri, 20 Jan 2023CA$8.7bCA$3.1bCA$2.0b6.1x4.4x2.8x
Sun, 18 Dec 2022CA$8.2bCA$3.1bCA$2.0b5.8x4.1x2.6x
Tue, 15 Nov 2022CA$9.0bCA$3.1bCA$1.9b5.9x4.6x2.9x
Thu, 13 Oct 2022CA$8.3bCA$2.9bCA$2.1b5.1x4x2.9x
Sat, 10 Sep 2022CA$9.4bCA$2.8bCA$2.0b5.5x4.7x3.3x
Mon, 08 Aug 2022CA$9.9bCA$2.7bCA$1.6b5.2x6x3.6x
Wed, 06 Jul 2022CA$9.2bCA$2.7bCA$1.6b5.2x5.8x3.4x
Fri, 03 Jun 2022CA$10.1bCA$2.6bCA$1.6b5.3x6.4x3.8x
Sun, 01 May 2022CA$11.0bCA$2.5bCA$1.2b6.2x9.2x4.3x
Tue, 29 Mar 2022CA$11.9bCA$2.5bCA$1.2b7.5x10.1x4.7x
Thu, 24 Feb 2022CA$11.3bCA$2.6bCA$911.4m8.2x12.4x4.3x
Sat, 22 Jan 2022CA$11.0bCA$2.6bCA$864.4m7.8x12.7x4.3x
Mon, 20 Dec 2021CA$11.0bCA$2.6bCA$882.4m8.1x12.5x4.2x
Wed, 17 Nov 2021CA$9.3bCA$1.5bCA$793.8m8.4x11.7x6.1x
Fri, 15 Oct 2021CA$8.8bCA$1.4bCA$530.9m9.3x16.6x6.2x
Sun, 12 Sep 2021CA$7.6bCA$1.4bCA$531.4m9x14.2x5.3x
Tue, 10 Aug 2021CA$7.2bCA$1.4bCA$531.5m8x13.5x5x
Mon, 03 May 2021CA$5.7bCA$1.4bCA$178.3m9x32.2x4.2x
Thu, 04 Feb 2021CA$5.2bCA$1.3b-CA$34,212,893.4010.8x-152.6x4.1x
Sun, 08 Nov 2020CA$4.5bCA$1.0b-CA$13,633,126.1514.7x-328.4x4.3x
Sat, 01 Aug 2020CA$4.2bCA$860.3mCA$19.5m10.6x213.6x4.8x
Price to Earnings Ratio

547.3x


Total Market Cap: CA$4.0bTotal Earnings: CA$7.2mTotal Revenue: CA$715.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Real Estate Operating Companies Industry Price to Earnings3Y Average -10.7x202120222023
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 9.7x which is higher than its 3-year average PE of -10.7x.
  • The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Operating Companies industry have grown 393% per year over the last three years.
  • Revenues for these companies have grown 66% 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 Operating Companies compare with similar industries?

CA Market-1.99%
Real Estate-0.92%
Real Estate0.54%
Real Estate Operating Companies-0.72%
Real Estate Services1.57%
Diversified Real Estate-0.80%
Real Estate Development-3.51%
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$10.911.7%
+CA$49.0m		-29.6%PE3.4x
COHO Coho Collective KitchensCA$0.2471.4%
+CA$8.4m		n/aPS8.3x
NXLV NexLiving CommunitiesCA$0.1412.0%
+CA$5.0m		-15.2%PE5.2x
IEI Imperial EquitiesCA$4.995.7%
+CA$2.6m		2.9%PE5.7x
CMU Comet IndustriesCA$4.0012.7%
+CA$2.1m		0%PE49.4x
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Latest News

YEG

CA$0.17

Yorkton Equity Group

7D

6.1%

1Y

-7.9%

CMU

CA$4.00

Comet Industries

7D

12.7%

1Y

0%

UFC

CA$0.84

Urbanfund

7D

-3.4%

1Y

-23.6%

NXLV

CA$0.14

NexLiving Communities

7D

12.0%

1Y

-15.2%

IEI

CA$4.99

Imperial Equities

7D

5.7%

1Y

2.9%

YAK

CA$1.17

Mongolia Growth Group

7D

4.5%

1Y

-31.2%

MEQ

CA$135.03

Mainstreet Equity

7D

-2.9%

1Y

18.9%

CAI

CA$0.015

Capitan Investment

7D

-25.0%

1Y

-40.0%

SVI

CA$6.01

StorageVault Canada

7D

-0.2%

1Y

-8.7%

StorageVault Canada (TSE:SVI) Seems To Use Debt Quite Sensibly

May 12
StorageVault Canada (TSE:SVI) Seems To Use Debt Quite Sensibly

IVQ

CA$0.96

Invesque

7D

-11.1%

1Y

-42.2%

TCN

CA$10.91

Tricon Residential

7D

1.7%

1Y

-29.6%

COHO

CA$0.24

Coho Collective Kitchens

7D

71.4%

1Y

n/a

MPC

CA$5.77

Madison Pacific Properties

7D

-2.7%

1Y

-18.4%

MRC

CA$102.00

Morguard

7D

-0.4%

1Y

-16.4%