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Canadian (TSX) Real Estate Operating Companies Industry Analysis

UpdatedMar 23, 2025
DataAggregated Company Financials
Companies19
  • 7D1.7%
  • 3M-3.0%
  • 1Y-6.1%
  • YTDn/a

Over the last 7 days, the Real Estate Operating Companies industry has risen 1.7%, driven by gains from StorageVault Canada of 6.1%. In contrast, the industry has lost 6.1% in the last 12 months. As for the next few years, earnings are forecast to decline by 44% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Mar 2025CA$4.0bCA$1.8bCA$445.9m8x9x2.2x
Tue, 18 Feb 2025CA$4.0bCA$1.8bCA$283.4m7.4x14.1x2.2x
Thu, 16 Jan 2025CA$3.9bCA$1.8bCA$291.0m8x13.4x2.1x
Sat, 14 Dec 2024CA$4.1bCA$1.8bCA$291.8m9.2x13.9x2.2x
Mon, 11 Nov 2024CA$4.1bCA$1.8bCA$222.0m6.5x18.4x2.2x
Wed, 09 Oct 2024CA$4.0bCA$1.9bCA$232.8m6x17.4x2.2x
Fri, 06 Sep 2024CA$3.8bCA$1.9bCA$233.6m5.8x16.4x2.1x
Sun, 04 Aug 2024CA$3.8bCA$1.9bCA$227.3m5.6x16.6x2x
Tue, 02 Jul 2024CA$5.3bCA$2.2bCA$277.6m5.7x19x2.4x
Thu, 30 May 2024CA$5.2bCA$2.1bCA$259.9m5.9x20x2.4x
Sat, 27 Apr 2024CA$9.9bCA$3.4bCA$233.0m7.6x42.6x2.9x
Mon, 25 Mar 2024CA$10.2bCA$3.4bCA$247.2m10.1x41.2x3x
Wed, 21 Feb 2024CA$10.0bCA$3.3b-CA$9,277,542.0610.4x-1073.9x3x
Fri, 19 Jan 2024CA$8.6bCA$3.3b-CA$54,572,672.007.6x-157.9x2.6x
Sun, 17 Dec 2023CA$8.8bCA$3.3b-CA$1,788,099.0010.1x-4943.4x2.7x
Tue, 14 Nov 2023CA$7.6bCA$3.3bCA$52.8m7.1x143.4x2.3x
Thu, 12 Oct 2023CA$7.7bCA$3.4bCA$193.7m6.5x39.8x2.3x
Sat, 09 Sep 2023CA$8.1bCA$3.4bCA$194.5m6.6x41.9x2.4x
Mon, 07 Aug 2023CA$8.5bCA$3.3bCA$725.8m6.9x11.7x2.6x
Wed, 05 Jul 2023CA$8.7bCA$3.2bCA$847.0m6.9x10.3x2.7x
Fri, 02 Jun 2023CA$8.4bCA$3.3bCA$860.6m7x9.7x2.6x
Sun, 30 Apr 2023CA$8.3bCA$3.2bCA$1.3b6.6x6.3x2.6x
Tue, 28 Mar 2023CA$8.2bCA$3.1bCA$1.3b6.7x6.3x2.6x
Thu, 23 Feb 2023CA$8.9bCA$3.1bCA$2.0b6.7x4.5x2.9x
Sat, 21 Jan 2023CA$8.7bCA$3.1bCA$2.0b6.1x4.4x2.8x
Mon, 19 Dec 2022CA$8.2bCA$3.1bCA$2.0b5.8x4.1x2.6x
Wed, 16 Nov 2022CA$9.0bCA$3.1bCA$1.9b5.9x4.6x2.9x
Fri, 14 Oct 2022CA$8.3bCA$2.9bCA$2.1b5.1x4x2.9x
Sun, 11 Sep 2022CA$9.4bCA$2.8bCA$2.0b5.5x4.7x3.3x
Tue, 09 Aug 2022CA$10.0bCA$2.7bCA$1.6b5.3x6.1x3.7x
Thu, 07 Jul 2022CA$9.2bCA$2.7bCA$1.6b5.2x5.9x3.4x
Sat, 04 Jun 2022CA$10.0bCA$2.6bCA$1.6b5.8x6.4x3.8x
Mon, 02 May 2022CA$11.0bCA$2.5bCA$1.2b6.2x9.2x4.3x
Wed, 30 Mar 2022CA$12.0bCA$2.5bCA$1.2b7.4x10.2x4.8x
Price to Earnings Ratio

10.2x


Total Market Cap: CA$12.0bTotal Earnings: CA$1.2bTotal Revenue: CA$2.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Real Estate Operating Companies Industry Price to Earnings3Y Average -494.6x202320242025
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 9.0x which is higher than its 3-year average PE of -495x.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Operating Companies industry have declined 28% per year over the last three years,
  • Revenues have also declined 10% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Canadian Real Estate Operating Companies compare with similar industries?

CA Market1.51%
Real Estate0.94%
Real Estate1.45%
Real Estate Operating Companies1.73%
Real Estate Development3.19%
Real Estate Services1.37%
Diversified Real Estate-3.04%
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
SVI StorageVault CanadaCA$4.006.1%
+CA$84.3m
-22.0%PS4.8x
HMT Halmont PropertiesCA$1.1952.6%
+CA$50.8m
n/aPE7.6x
MPC Madison Pacific PropertiesCA$5.305.0%
+CA$14.9m
-13.4%PE21.9x
IVQ InvesqueCA$0.173.0%
+CA$4.6m
-52.8%PS0.6x
NXLV NexLiving CommunitiesCA$1.674.4%
+CA$2.3m
-10.7%PE7.5x
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