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Canadian (TSX) Real Estate Operating Companies Industry Analysis

UpdatedApr 25, 2024
DataAggregated Company Financials
Companies19
  • 7D-0.5%
  • 3M1.9%
  • 1Y16.9%
  • YTDn/a

Over the last 7 days, the Real Estate Operating Companies industry has remained flat, although notably Madison Pacific Properties gained 4.4%. As for the the longer term, the industry is up 17% over the past 12 months. As for the next few years, earnings are forecast to decline by 9.2% 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, 25 Apr 2024CA$10.0bCA$3.4bCA$238.4m10.4x42x3x
Sat, 23 Mar 2024CA$10.2bCA$3.4bCA$247.3m10.1x41.2x3x
Mon, 19 Feb 2024CA$10.0bCA$3.3b-CA$9,709,015.0610.5x-1025.6x3x
Wed, 17 Jan 2024CA$8.8bCA$3.3b-CA$54,349,593.007.6x-162.6x2.7x
Fri, 15 Dec 2023CA$8.5bCA$3.3b-CA$1,450,318.0010.2x-5882.2x2.6x
Sun, 12 Nov 2023CA$7.6bCA$3.3bCA$37.5m7.1x204x2.3x
Tue, 10 Oct 2023CA$7.6bCA$3.4bCA$195.0m6.4x39x2.2x
Thu, 07 Sep 2023CA$8.1bCA$3.4bCA$194.4m6.6x41.5x2.4x
Sat, 05 Aug 2023CA$8.3bCA$3.3bCA$728.5m6.9x11.4x2.5x
Mon, 03 Jul 2023CA$8.6bCA$3.2bCA$848.4m6.8x10.1x2.6x
Wed, 31 May 2023CA$8.4bCA$3.3bCA$869.0m6.4x9.7x2.6x
Fri, 28 Apr 2023CA$8.3bCA$3.2bCA$1.3b6.6x6.3x2.6x
Sun, 26 Mar 2023CA$8.2bCA$3.2bCA$1.3b6.7x6.2x2.6x
Tue, 21 Feb 2023CA$9.2bCA$3.1bCA$2.0b6.3x4.6x3x
Thu, 19 Jan 2023CA$8.7bCA$3.1bCA$2.0b6.1x4.4x2.8x
Sat, 17 Dec 2022CA$8.2bCA$3.1bCA$2.0b5.8x4.1x2.6x
Mon, 14 Nov 2022CA$8.9bCA$3.0bCA$1.9b5.3x4.6x2.9x
Wed, 12 Oct 2022CA$8.2bCA$2.9bCA$2.1b5.1x4x2.8x
Fri, 09 Sep 2022CA$9.2bCA$2.8bCA$2.0b5.4x4.6x3.3x
Sun, 07 Aug 2022CA$9.9bCA$2.7bCA$1.6b5.2x6x3.6x
Tue, 05 Jul 2022CA$9.1bCA$2.7bCA$1.6b5.3x5.8x3.4x
Thu, 02 Jun 2022CA$10.1bCA$2.6bCA$1.6b5.3x6.4x3.8x
Sat, 30 Apr 2022CA$11.0bCA$2.5bCA$1.2b6.2x9.2x4.3x
Mon, 28 Mar 2022CA$11.9bCA$2.5bCA$1.2b7.4x10.1x4.7x
Wed, 23 Feb 2022CA$11.3bCA$2.6bCA$911.8m8.2x12.4x4.3x
Fri, 21 Jan 2022CA$11.1bCA$2.6bCA$861.7m7.8x12.9x4.3x
Sun, 19 Dec 2021CA$11.0bCA$2.6bCA$882.4m8.1x12.5x4.2x
Tue, 16 Nov 2021CA$9.3bCA$1.5bCA$793.8m8.4x11.7x6.1x
Thu, 14 Oct 2021CA$8.6bCA$1.4bCA$532.7m9.3x16.2x6x
Sat, 11 Sep 2021CA$7.6bCA$1.4bCA$531.4m9x14.2x5.3x
Mon, 09 Aug 2021CA$7.1bCA$1.4bCA$531.5m8x13.4x5x
Sun, 02 May 2021CA$5.7bCA$1.4bCA$178.3m9x32.2x4.2x
Price to Earnings Ratio

32.2x


Total Market Cap: CA$5.7bTotal Earnings: CA$178.3mTotal Revenue: CA$1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Real Estate Operating Companies Industry Price to Earnings3Y Average -496.8x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Real Estate Operating Companies industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.7x which is higher than its 3-year average PE of -497x.
  • The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Operating Companies industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 35% 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 Market0.68%
Real Estate1.28%
Real Estate0.24%
Real Estate Operating Companies-0.49%
Real Estate Development1.67%
Real Estate Services0.76%
Diversified Real Estate-5.46%
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
MPC Madison Pacific PropertiesCA$5.874.4%
+CA$14.9m
-12.6%PS8.1x
SVI StorageVault CanadaCA$5.070.4%
+CA$7.5m
-13.3%PS6.6x
NXLV NexLiving CommunitiesCA$1.853.4%
+CA$987.9k
-31.5%PS1.6x
YAK Mongolia Growth GroupCA$1.422.2%
+CA$782.8k
2.9%PE4x
BEK.B Becker MilkCA$12.782.2%
+CA$506.3k
-1.7%PE27.6x
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Latest News

NXLV

CA$1.85

NexLiving Communities

7D

3.4%

1Y

-31.5%

UFC

CA$0.84

Urbanfund

7D

-3.4%

1Y

2.4%

MPC

CA$5.87

Madison Pacific Properties

7D

4.4%

1Y

-12.6%

IVQ

CA$0.25

Invesque

7D

-10.7%

1Y

-78.8%

TCN

CA$15.09

Tricon Residential

7D

-0.3%

1Y

44.5%

MRC

CA$110.51

Morguard

7D

-0.4%

1Y

5.8%

COHO

CA$0.14

Coho Collective Kitchens

7D

-3.6%

1Y

35.0%

YAK

CA$1.42

Mongolia Growth Group

7D

2.2%

1Y

2.9%