Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm.
Share Price & News
How has Dream Unlimited's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DRUN.F's share price has been volatile over the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: DRUN.F exceeded the US Real Estate industry which returned -27.6% over the past year.
Return vs Market: DRUN.F exceeded the US Market which returned 4.1% over the past year.
Price Volatility Vs. Market
How volatile is Dream Unlimited's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Dream Unlimited 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: DRUN.F ($6.2) is trading below our estimate of fair value ($48.52)
Significantly Below Fair Value: DRUN.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DRUN.F is good value based on its PE Ratio (1.6x) compared to the Real Estate industry average (14.4x).
PE vs Market: DRUN.F is good value based on its PE Ratio (1.6x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: DRUN.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DRUN.F is good value based on its PB Ratio (0.6x) compared to the US Real Estate industry average (1x).
How is Dream Unlimited forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DRUN.F's earnings are forecast to decline over the next 3 years (-128.1% per year).
Earnings vs Market: DRUN.F's earnings are forecast to decline over the next 3 years (-128.1% per year).
High Growth Earnings: DRUN.F's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DRUN.F's revenue is expected to decline over the next 3 years (-61.4% per year).
High Growth Revenue: DRUN.F's revenue is forecast to decline over the next 3 years (-61.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DRUN.F'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: DRUN.F has a large one-off gain of CA$289.4M impacting its March 31 2020 financial results.
Growing Profit Margin: DRUN.F's current net profit margins (78.8%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: DRUN.F's earnings have grown significantly by 26.2% per year over the past 5 years.
Accelerating Growth: DRUN.F's earnings growth over the past year (5167.5%) exceeds its 5-year average (26.2% per year).
Earnings vs Industry: DRUN.F earnings growth over the past year (5167.5%) exceeded the Real Estate industry -6.4%.
Return on Equity
High ROE: DRUN.F's Return on Equity (36.8%) is considered high.
How is Dream Unlimited's financial position?
Financial Position Analysis
Short Term Liabilities: DRUN.F's short term assets (CA$1.4B) exceed its short term liabilities (CA$414.4M).
Long Term Liabilities: DRUN.F's short term assets (CA$1.4B) exceed its long term liabilities (CA$993.7M).
Debt to Equity History and Analysis
Debt Level: DRUN.F's debt to equity ratio (53.5%) is considered high.
Reducing Debt: DRUN.F's debt to equity ratio has reduced from 69.9% to 53.5% over the past 5 years.
Debt Coverage: DRUN.F's debt is well covered by operating cash flow (21.4%).
Interest Coverage: DRUN.F's interest payments on its debt are well covered by EBIT (11.8x coverage).
What is Dream Unlimited's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: DRUN.F's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: DRUN.F's dividend (1.4%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether DRUN.F's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DRUN.F's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (2%), DRUN.F's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Cooper (58yo)
Mr. Michael J. Cooper serves as Portfolio Manager of Dream Hard Asset Alternatives Trust. Mr. Cooper has been Chief Executive Officer of Dream Office Real Estate Investment Trust since January 1, 2018 and ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD3.31M) is above average for companies of similar size in the US market ($USD2.29M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
|President||no data||CA$4.56m||no data|
|Chief Investment Officer||1.92yrs||CA$552.72k||no data|
|Chief Development Officer||6.67yrs||CA$823.19k||0.019% CA$111.9k|
|VP & Chief Accounting Officer||no data||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Legal Counsel & Senior VP||no data||no data||no data|
|Vice Chair of Development||3.33yrs||CA$3.10m||0.090% CA$516.6k|
|Senior Vice President||no data||no data||no data|
|Senior Vice President of Industrial||no data||no data||no data|
|President of Dream Equity Partners||no data||no data||no data|
Experienced Management: DRUN.F's management team is considered experienced (3.3 years average tenure).
|President||no data||CA$4.56m||no data|
|Independent Chairman of the Board||3yrs||CA$237.00k||0.022% CA$129.0k|
|Independent Director||3yrs||CA$100.00k||0.050% CA$285.8k|
|Co-Founder and Chairman Emeritus||3yrs||CA$178.57k||no data|
|President of Asset Management & Non-Independent Director||6yrs||CA$1.38m||0.016% CA$89.3k|
|Independent Director||2yrs||CA$81.04k||no data|
|Independent Director||7yrs||CA$117.00k||0.0084% CA$48.4k|
|Independent Director||6yrs||CA$117.00k||no data|
|Independent Director||7yrs||CA$128.00k||0.016% CA$90.8k|
Experienced Board: DRUN.F's board of directors are considered experienced (6 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 company bio, employee growth, exchange listings and data sources
- Name: Dream Unlimited Corp.
- Ticker: DRUN.F
- Exchange: OTCPK
- Founded: 1996
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CA$792.449m
- Listing Market Cap: CA$574.010m
- Shares outstanding: 94.79m
- Website: https://www.dream.ca
Number of Employees
- Dream Unlimited Corp.
- State Street Financial Centre
- Suite 301
- M5C 3H1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DRM||TSX (The Toronto Stock Exchange)||Yes||Class A Subordinate Voting Shares||CA||CAD||May 2013|
|DRUN.F||OTCPK (Pink Sheets LLC)||Yes||Class A Subordinate Voting Shares||US||USD||May 2013|
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. The firm also seeks to invest in renewable energy infrastructure and power projects with a focus on wind, hydro, and solar in North American. Dream Unlimited Corp. was founded in 1996 and is based in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/27 02:22|
|End of Day Share Price||2020/05/26 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.