Imperial Equities Inc. engages in the acquisition, development, redevelopment, leasing, and sale of commercial, industrial, and agricultural properties primarily in Edmonton and Alberta, Canada.
Undervalued with proven track record.
Share Price & News
How has Imperial Equities's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IEI has not had significant price volatility in the past 3 months.
7 Day Return
CA Real Estate
1 Year Return
CA Real Estate
Return vs Industry: IEI underperformed the Canadian Real Estate industry which returned 4.1% over the past year.
Return vs Market: IEI underperformed the Canadian Market which returned -12.4% over the past year.
Price Volatility Vs. Market
How volatile is Imperial Equities's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould You Rely On Imperial Equities's (CVE:IEI) Earnings Growth?
1 month ago | Simply Wall StIs Imperial Equities Inc. (CVE:IEI) An Attractive Dividend Stock?
2 months ago | Simply Wall StShould You Worry About Imperial Equities Inc.'s (CVE:IEI) CEO Pay?
Is Imperial Equities undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IEI (CA$3.02) is trading below our estimate of fair value (CA$10.55)
Significantly Below Fair Value: IEI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IEI is good value based on its PE Ratio (4.9x) compared to the Real Estate industry average (13.8x).
PE vs Market: IEI is good value based on its PE Ratio (4.9x) compared to the Canadian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IEI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IEI is good value based on its PB Ratio (0.3x) compared to the CA Real Estate industry average (0.7x).
How is Imperial Equities forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Imperial Equities has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Imperial Equities is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Imperial Equities competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Imperial Equities performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IEI has high quality earnings.
Growing Profit Margin: IEI's current net profit margins (35.3%) are higher than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: IEI's earnings have declined by -8.2% per year over the past 5 years.
Accelerating Growth: IEI's earnings growth over the past year (635.5%) exceeds its 5-year average (-8.2% per year).
Earnings vs Industry: IEI earnings growth over the past year (635.5%) exceeded the Real Estate industry -3.5%.
Return on Equity
High ROE: IEI's Return on Equity (6.4%) is considered low.
How is Imperial Equities's financial position?
Financial Position Analysis
Short Term Liabilities: IEI's short term assets (CA$634.3K) do not cover its short term liabilities (CA$38.0M).
Long Term Liabilities: IEI's short term assets (CA$634.3K) do not cover its long term liabilities (CA$103.0M).
Debt to Equity History and Analysis
Debt Level: IEI's debt to equity ratio (136.6%) is considered high.
Reducing Debt: IEI's debt to equity ratio has increased from 111.2% to 136.6% over the past 5 years.
Debt Coverage: IEI's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: IEI's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is Imperial Equities's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IEI's dividend (3.31%) is higher than the bottom 25% of dividend payers in the Canadian market (1.88%).
High Dividend: IEI's dividend (3.31%) is low compared to the top 25% of dividend payers in the Canadian market (6.08%).
Stability and Growth of Payments
Stable Dividend: IEI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IEI has only been paying a dividend for 7 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.2%), IEI's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Sine Chadi serves as the Chairman, Chief Executive Officer, President and Secretary of Imperial Equities Inc. At Imperial, Mr. Chadi oversees all the day to day aspects of its growth, development and m ...
CEO Compensation Analysis
Compensation vs Market: Sine's total compensation ($USD220.99K) is about average for companies of similar size in the Canadian market ($USD175.49K).
Compensation vs Earnings: Sine's compensation has been consistent with company performance over the past year.
|Chairman||no data||CA$300.00k||29.24% CA$8.4m|
|Independent Director||22.25yrs||CA$10.00k||4.27% CA$1.2m|
|Independent Director||4.33yrs||CA$12.50k||0.049% CA$13.9k|
|Independent Director||2.5yrs||CA$10.00k||3.28% CA$936.2k|
|Independent Director||1.17yrs||no data||no data|
Experienced Board: IEI's board of directors are considered experienced (4.3 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.
Imperial Equities Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Imperial Equities Inc.
- Ticker: IEI
- Exchange: TSXV
- Founded: 1998
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: CA$28.571m
- Shares outstanding: 9.46m
- Website: https://www.imperialequities.com
- Imperial Equities Inc.
- 2151 Scotia Place
- 10060 Jasper Avenue
- T5J 3R8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IEI||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 1998|
Imperial Equities Inc. engages in the acquisition, development, redevelopment, leasing, and sale of commercial, industrial, and agricultural properties primarily in Edmonton and Alberta, Canada. The company operates in two segments, Agricultural and Industrial/Retail. Imperial Equities Inc. was founded in 1998 and is headquartered in Edmonton, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/10 00:14|
|End of Day Share Price||2020/07/03 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.