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Dream Unlimited

OTCPK:DRUN.F
Snowflake Description

Moderate growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DRUN.F
OTCPK
CA$797M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The last earnings update was 13 days ago. More info.


Add to Portfolio Compare Print
  • Dream Unlimited is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
DRUN.F Share Price and Events
7 Day Returns
3.6%
OTCPK:DRUN.F
-0.4%
US Real Estate
-1.4%
US Market
1 Year Returns
-29.8%
OTCPK:DRUN.F
-15.8%
US Real Estate
1.6%
US Market
DRUN.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dream Unlimited (DRUN.F) 3.6% -1.7% -0.3% -29.8% -6.8% -58.3%
US Real Estate -0.4% -8.9% -10.6% -15.8% 14.9% 0.8%
US Market -1.4% -3.9% 0.1% 1.6% 33.2% 38.2%
1 Year Return vs Industry and Market
  • DRUN.F underperformed the Real Estate industry which returned -15.8% over the past year.
  • DRUN.F underperformed the Market in United States of America which returned 1.6% over the past year.
Price Volatility
DRUN.F
Industry
5yr Volatility vs Market

Value

 Is Dream Unlimited undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Dream Unlimited. This is due to cash flow or dividend data being unavailable. The share price is $5.5938.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Dream Unlimited's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dream Unlimited's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:DRUN.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$0.10
TSX:DRM Share Price ** TSX (2019-05-24) in CAD CA$7.44
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 15.15x
United States of America Market PE Ratio Median Figure of 3,086 Publicly-Listed Companies 17.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dream Unlimited.

OTCPK:DRUN.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:DRM Share Price ÷ EPS (both in CAD)

= 7.44 ÷ 0.10

77.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dream Unlimited is overvalued based on earnings compared to the US Real Estate industry average.
  • Dream Unlimited is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Dream Unlimited's expected growth come at a high price?
Raw Data
OTCPK:DRUN.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 77.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
53%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.44x
United States of America Market PEG Ratio Median Figure of 2,121 Publicly-Listed Companies 1.51x

*Line of best fit is calculated by linear regression .

OTCPK:DRUN.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 77.99x ÷ 53%

1.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dream Unlimited is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Dream Unlimited's assets?
Raw Data
OTCPK:DRUN.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$9.93
TSX:DRM Share Price * TSX (2019-05-24) in CAD CA$7.44
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.45x
United States of America Market PB Ratio Median Figure of 5,208 Publicly-Listed Companies 1.8x
OTCPK:DRUN.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:DRM Share Price ÷ Book Value per Share (both in CAD)

= 7.44 ÷ 9.93

0.75x

* Primary Listing of Dream Unlimited.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dream Unlimited is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess Dream Unlimited's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Dream Unlimited has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Dream Unlimited expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
53%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dream Unlimited expected to grow at an attractive rate?
  • Dream Unlimited's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Dream Unlimited's earnings growth is expected to exceed the United States of America market average.
  • Dream Unlimited's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:DRUN.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:DRUN.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 53%
OTCPK:DRUN.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -7.7%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 3.9%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:DRUN.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:DRUN.F Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 298 58 1
2019-12-31 406 73 1
OTCPK:DRUN.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 337 -63 10
2018-12-31 340 -97 191
2018-09-30 322 -21 186
2018-06-30 373 15 190
2018-03-31 365 36 218
2017-12-31 357 115 80
2017-09-30 301 97 48
2017-06-30 240 89 41
2017-03-31 291 52 63
2016-12-31 340 84 68
2016-09-30 341 54 60
2016-06-30 417 38 68

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Dream Unlimited's earnings are expected to grow significantly at over 20% yearly.
  • Dream Unlimited's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:DRUN.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Dream Unlimited Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:DRUN.F Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.54 0.54 0.54 1.00
2019-12-31 0.90 0.90 0.90 1.00
OTCPK:DRUN.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 0.10
2018-12-31 1.76
2018-09-30 1.71
2018-06-30 1.74
2018-03-31 2.07
2017-12-31 0.81
2017-09-30 0.53
2017-06-30 0.49
2017-03-31 0.78
2016-12-31 0.85
2016-09-30 0.77
2016-06-30 0.86

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Dream Unlimited will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Dream Unlimited's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Dream Unlimited has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Dream Unlimited performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Dream Unlimited's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dream Unlimited's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Dream Unlimited's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Dream Unlimited's 1-year earnings growth is negative, it can't be compared to the US Real Estate industry average.
Earnings and Revenue History
Dream Unlimited's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Dream Unlimited Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:DRUN.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 337.01 10.30 68.54
2018-12-31 339.87 190.95 67.51
2018-09-30 321.60 185.88 68.22
2018-06-30 372.81 189.73 65.71
2018-03-31 365.14 218.37 62.60
2017-12-31 356.96 79.65 59.08
2017-09-30 301.01 48.30 61.04
2017-06-30 239.55 41.13 62.39
2017-03-31 290.52 62.53 64.35
2016-12-31 340.17 67.64 66.20
2016-09-30 340.87 60.19 60.80
2016-06-30 417.36 67.53 59.11
2016-03-31 386.51 132.77 57.23
2015-12-31 333.37 121.90 54.68
2015-09-30 371.21 136.96 52.82
2015-06-30 318.56 123.15 48.23
2015-03-31 352.64 47.09 43.11
2014-12-31 388.42 54.01 42.40
2014-09-30 409.75 49.51 41.49
2014-06-30 456.40 57.44 41.35
2014-03-31 476.50 76.51 41.62
2013-12-31 514.48 82.62 37.31
2013-09-30 533.31 65.36 27.27
2013-06-30 533.53 75.09 17.54
2013-03-31 534.51 76.65 7.66
2012-12-31 481.57 70.01 1.58

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Dream Unlimited has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Dream Unlimited used its assets less efficiently than the US Real Estate industry average last year based on Return on Assets.
  • Dream Unlimited's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dream Unlimited's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dream Unlimited has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Dream Unlimited's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Dream Unlimited's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dream Unlimited is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dream Unlimited's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Dream Unlimited's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Dream Unlimited Company Filings, last reported 1 month ago.

OTCPK:DRUN.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,081.28 978.34 123.88
2018-12-31 1,119.81 931.75 122.42
2018-09-30 1,064.87 937.27 135.98
2018-06-30 1,054.41 977.14 165.41
2018-03-31 1,084.24 903.61 133.28
2017-12-31 957.48 621.22 83.83
2017-09-30 857.88 549.00 26.18
2017-06-30 826.18 558.06 24.07
2017-03-31 840.67 529.73 19.49
2016-12-31 831.51 512.33 23.76
2016-09-30 786.99 468.13 20.38
2016-06-30 779.23 518.95 23.27
2016-03-31 753.19 486.43 25.13
2015-12-31 717.85 493.23 29.98
2015-09-30 719.71 480.86 23.90
2015-06-30 716.77 448.49 17.91
2015-03-31 598.78 419.54 17.58
2014-12-31 591.83 394.31 30.69
2014-09-30 553.93 379.16 27.76
2014-06-30 547.78 368.69 41.78
2014-03-31 473.30 423.88 22.96
2013-12-31 455.60 354.73 29.00
2013-09-30 426.52 356.19 14.05
2013-06-30 410.30 351.44 26.25
2013-03-31 424.08 351.93 14.80
2012-12-31 402.34 303.51 20.16
  • Dream Unlimited's level of debt (90.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (89.3% vs 90.5% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Dream Unlimited's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Dream Unlimited has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Dream Unlimited's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Dream Unlimited dividends.
If you bought $2,000 of Dream Unlimited shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Dream Unlimited's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Dream Unlimited's dividend against the top 25% market benchmark as the company has not reported any payouts.
Upcoming dividend payment

Purchase Dream Unlimited before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:DRUN.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2007 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:DRUN.F Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Dream Unlimited has not reported any payouts.
  • Unable to verify if Dream Unlimited's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Dream Unlimited's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Dream Unlimited has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Dream Unlimited's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Dream Unlimited afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dream Unlimited has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Dream Unlimited's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Michael Cooper
COMPENSATION CA$4,562,890
AGE 57
CEO Bio

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 previously served as its Chief Executive Officer until May 8, 2014 and also served as its President. Mr. Cooper also serves as the President, Director and Chief Executive Officer of DREAM Asset Management Corporation. He is the Managing Partner of Dundee Real Estate Asset Management. He serves as the Chief Responsible Officer and President of Dream Unlimited Corp. He served as the Chief Executive Officer and President of Zoolander Corp. and served as its Chief Financial Officer and Secretary since May 2008. He served as the Chief Executive Officer of Dundee Realty Management Corporation. Mr. Cooper served as the Chief Executive Officer, President, Chief Financial Officer and Secretary at Mezzotin Minerals Inc. He served as a Vice President of 1832 Asset Management L.P. He has worked in the real estate industry since 1986. He helped found Dundee Realty Corporation in 1996, the predecessor company of Dundee Real Estate Investment Trust and has held the position of President and Chief Executive Officer since inception. Prior to Dundee Realty Corporation, Mr. Cooper served as Vice President at Goodman & Company, responsible for investments in real estate and for establishing and co-managing the Dynamic Real Estate Funds. He served as a Vice President of GCIC Limited. He serves as the Chairman of Dream Office Real Estate Investment Trust since April 2, 2015. He serves as the Vice Chairman of Dundee Realty Management Corporation. He serves as Vice Chairman of Real Estate at Dundee Capital Markets Inc. He serves as the Director at Dream Global Real Estate Investment Trust. He serves as Vice Chairman of Dream Global REIT (formerly Dundee International REIT) and has been its Non-Independent Trustee since April 21, 2011. He serves as a Director of Alate Partners. Mr. Cooper served as a Vice Chairman of Dream Office Real Estate Investment Trust since February 2006 and has been its Non- Independent Trustee since June 30, 2003. He sits on the board of directors/trustees of Cancer Care Ontario, Dundee Corporation, Lakefield Foundation and the Power Plant Gallery. He has been a Director of Dream Unlimited Corp. since May 30, 2013. He has been a Non-Independent Trustee of Dream Industrial Real Estate Investment Trust since October 4, 2012. He has been a Director of E-L Financial Corporation Limited since May 2014. He served as a Director of Dundee Corporation from August 2009 to June 9, 2015. Mr. Cooper served as an Independent Director of Atrium Mortgage Investment Corporation from March 23, 2012 to October 23, 2014. He served as a Director/Trustee of Dundee Capital Markets Inc. since December 16, 2010, TransGlobe Apartment Real Estate Investment Trust since May 14, 2010, Bellair Ventures Inc. from August 22, 2008 to March 2012, CR Capital Corp (also known as Cogitore Resources, Inc.) from February 20, 2004 to June 2008, Pethealth Inc. since December 2000, Zoolander Corp. since October 2005 and Dundee Precious Metals Inc. from 2001 to July 31, 2007. He currently sits on the Board of Dream Alternatives Master GP. He has been an Independent Director of E-L Financial Corporation Limited since May 13, 2014. He served as a Director of United Corporations Limited from June 2008 to June 25, 2014. Mr. Cooper holds a Bachelor of Law Degree from the University of Western Ontario and received an MBA from York University in 1986.

CEO Compensation
  • Michael's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Michael's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Dream Unlimited management team in years:

5.3
Average Tenure
54.5
Average Age
  • The average tenure for the Dream Unlimited management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Michael Cooper

TITLE
President
COMPENSATION
CA$5M
AGE
57

Pauline Alimchandani

TITLE
Executive VP & CFO
COMPENSATION
CA$965K
AGE
35
TENURE
5.3 yrs

Lindsay Brand

TITLE
Chief Investment Officer
COMPENSATION
CA$553K
TENURE
1.3 yrs

P. Gavan

TITLE
President of Asset Management & Director
COMPENSATION
CA$1M
AGE
58
TENURE
6.3 yrs

Daniel Marinovic

TITLE
Chief Development Officer
COMPENSATION
CA$823K
AGE
41
TENURE
5.7 yrs

Robert Hughes

TITLE
Legal Counsel & Senior VP

Jason Lester

TITLE
Vice Chair of Development
COMPENSATION
CA$3M
AGE
57
TENURE
2.3 yrs

Bruce Traversy

TITLE
Senior Vice President
AGE
52
Board of Directors Tenure

Average tenure and age of the Dream Unlimited board of directors in years:

5
Average Tenure
57
Average Age
  • The tenure for the Dream Unlimited board of directors is about average.
Board of Directors

Joanne Ferstman

TITLE
Chairman of the Board
COMPENSATION
CA$237K
AGE
50
TENURE
2 yrs

Michael Cooper

TITLE
President
COMPENSATION
CA$5M
AGE
57
TENURE
6 yrs

Ned Goodman

TITLE
Co-Founder and Chairman Emeritus
COMPENSATION
CA$179K
AGE
80
TENURE
2 yrs

P. Gavan

TITLE
President of Asset Management & Director
COMPENSATION
CA$1M
AGE
58
TENURE
5 yrs

Richard Gateman

TITLE
Independent Director
COMPENSATION
CA$117K
AGE
58
TENURE
6 yrs

Vincenza Sera

TITLE
Independent Director
COMPENSATION
CA$128K
AGE
61
TENURE
6 yrs

Jennifer Koss

TITLE
Independent Director
COMPENSATION
CA$117K
AGE
40
TENURE
5 yrs

Duncan Newton Jackman

TITLE
Independent Director
COMPENSATION
CA$100K
AGE
51
TENURE
2 yrs

James Eaton

TITLE
Independent Director
COMPENSATION
CA$81K
AGE
41
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
17. May 19 Buy Sweet Dream Corporation Company 17. May 19 17. May 19 537,600 $5.54 $2,975,705
01. Jan 19 Buy Sweet Dream Corporation Company 28. Dec 18 28. Dec 18 300 $4.88 $1,464
01. Jan 19 Buy Jason Lester Individual 27. Dec 18 28. Dec 18 18,200 $4.90 $89,032
28. Dec 18 Buy Sweet Dream Corporation Company 27. Dec 18 27. Dec 18 600 $4.87 $2,924
27. Dec 18 Buy Sweet Dream Corporation Company 24. Dec 18 24. Dec 18 12,400 $4.86 $60,273
25. Dec 18 Buy Sweet Dream Corporation Company 21. Dec 18 21. Dec 18 47,900 $4.88 $233,834
21. Dec 18 Buy Sweet Dream Corporation Company 17. Dec 18 20. Dec 18 102,100 $5.00 $505,400
07. Dec 18 Buy Sweet Dream Corporation Company 04. Dec 18 04. Dec 18 14,000 $5.11 $71,609
30. Nov 18 Buy Sweet Dream Corporation Company 26. Nov 18 29. Nov 18 200,400 $5.29 $1,057,508
23. Nov 18 Buy Sweet Dream Corporation Company 19. Nov 18 23. Nov 18 62,200 $5.31 $329,059
19. Nov 18 Buy Daniel Marinovic Individual 16. Nov 18 16. Nov 18 14,160 $5.37 $75,932
18. Nov 18 Buy Sweet Dream Corporation Company 16. Nov 18 16. Nov 18 575,600 $5.32 $3,063,215
30. Aug 18 Buy Karine MacIndoe Individual 30. Aug 18 30. Aug 18 6,500 $6.07 $39,486
21. Aug 18 Buy Karine MacIndoe Individual 21. Aug 18 21. Aug 18 6,940 $6.41 $44,454
X
Management checks
We assess Dream Unlimited's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Dream Unlimited has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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.

Details
Name: Dream Unlimited Corp.
DRUN.F
Exchange: OTCPK
Founded: 1996
CA$592,296,866
107,109,405
Website: http://www.dream.ca
Address: Dream Unlimited Corp.
State Street Financial Centre,
Suite 301,
Toronto,
Ontario, M5C 3H1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX DRM Class A Subordinate Voting Shares The Toronto Stock Exchange CA CAD 28. May 2013
OTCPK DRUN.F Class A Subordinate Voting Shares Pink Sheets LLC US USD 28. May 2013
TSX DRM.PRA 1ST PREF SHS S 1 The Toronto Stock Exchange CA CAD 31. May 2013
Number of employees
Current staff
Staff numbers
273
Dream Unlimited employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/27 00:36
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/16
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.