Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$30.59|
|52 Week High||CA$17.60|
|52 Week Low||CA$30.95|
|1 Month Change||11.56%|
|3 Month Change||15.96%|
|1 Year Change||61.94%|
|3 Year Change||112.43%|
|5 Year Change||126.26%|
|Change since IPO||11.24%|
Recent News & Updates
News Flash: Analysts Just Made A Sizeable Upgrade To Their Dream Unlimited Corp. (TSE:DRM) Forecasts
Celebrations may be in order for Dream Unlimited Corp. ( TSE:DRM ) shareholders, with the covering analyst delivering a...
|DRM||CA Real Estate||CA Market|
Return vs Industry: DRM exceeded the Canadian Real Estate industry which returned 48.8% over the past year.
Return vs Market: DRM exceeded the Canadian Market which returned 36.5% over the past year.
Stable Share Price: DRM is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: DRM's weekly volatility (2%) has been stable over the past year.
About the Company
Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.
Dream Unlimited Fundamentals Summary
|DRM fundamental statistics|
Is DRM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DRM income statement (TTM)|
|Cost of Revenue||CA$177.54m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 09, 2021
|Earnings per share (EPS)||-0.97|
|Net Profit Margin||-17.59%|
How did DRM perform over the long term?See historical performance and comparison
0.9%Current Dividend Yield
Is Dream Unlimited undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: DRM (CA$30.59) is trading above our estimate of fair value (CA$4.65)
Significantly Below Fair Value: DRM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DRM is unprofitable, so we can't compare its PE Ratio to the Canadian Real Estate industry average.
PE vs Market: DRM is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DRM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DRM's PB Ratio (1x) is in line with the CA Real Estate industry average.
How is Dream Unlimited forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if DRM's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if DRM's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DRM's revenue (12% per year) is forecast to grow faster than the Canadian market (6.7% per year).
High Growth Revenue: DRM's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DRM's Return on Equity is forecast to be high in 3 years time
How has Dream Unlimited performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DRM is currently unprofitable.
Growing Profit Margin: DRM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DRM is unprofitable, but has reduced losses over the past 5 years at a rate of 24.4% per year.
Accelerating Growth: Unable to compare DRM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DRM is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (38.2%).
Return on Equity
High ROE: DRM has a negative Return on Equity (-3.07%), as it is currently unprofitable.
How is Dream Unlimited's financial position?
Financial Position Analysis
Short Term Liabilities: DRM's short term assets (CA$1.2B) exceed its short term liabilities (CA$558.5M).
Long Term Liabilities: DRM's short term assets (CA$1.2B) exceed its long term liabilities (CA$968.0M).
Debt to Equity History and Analysis
Debt Level: DRM's debt to equity ratio (60.4%) is considered high.
Reducing Debt: DRM's debt to equity ratio has reduced from 66.5% to 60.4% over the past 5 years.
Debt Coverage: DRM's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: DRM's interest payments on its debt are not well covered by EBIT (1x coverage).
What is Dream Unlimited current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DRM's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.56%).
High Dividend: DRM's dividend (0.92%) is low compared to the top 25% of dividend payers in the Canadian market (4.49%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, DRM has been paying a dividend for less than 10 years.
Growing Dividend: DRM's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: DRM is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Cooper (60 yo)
Mr. Michael J. Cooper serves as Portfolio Manager of Dream Impact Trust. Mr. Cooper has been Chief Executive Officer of Dream Office Real Estate Investment Trust since January 1, 2018 and previously served...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD3.22M) is above average for companies of similar size in the Canadian market ($USD1.11M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Management: DRM's management team is considered experienced (4.8 years average tenure).
Experienced Board: DRM's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Dream Unlimited Corp.'s employee growth, exchange listings and data sources
- Name: Dream Unlimited Corp.
- Ticker: DRM
- Exchange: TSX
- Founded: 1996
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CA$1.331b
- Shares outstanding: 43.52m
- Website: https://www.dream.ca
Number of Employees
- Dream Unlimited Corp.
- State Street Financial Centre
- Suite 301
- M5C 3H1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 22:41|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.