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Canadian (TSX) Real Estate Operating Companies Industry Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies21
  • 7D-0.3%
  • 3M-15.2%
  • 1Y-17.2%
  • YTD-14.9%

Last week, the Real Estate Operating Companies industry hasn't moved much but StorageVault Canada is up 6.7% in that time. As for the longer term, the industry has declined 17% in the last year. In the next few years, earnings are forecast to decline by 41% annually.

Industry Valuation and Performance

Has the Canadian Real Estate Operating Companies Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Oct 2023CA$7.3bCA$3.4bCA$217.6m6.2x33.6x2.1x
Wed, 27 Sep 2023CA$7.9bCA$3.4bCA$192.3m6.3x40.8x2.3x
Fri, 25 Aug 2023CA$8.1bCA$3.4bCA$195.1m7x41.3x2.4x
Sun, 23 Jul 2023CA$8.7bCA$3.2bCA$829.2m7x10.4x2.7x
Tue, 20 Jun 2023CA$8.5bCA$3.2bCA$846.3m6.8x10.1x2.6x
Thu, 18 May 2023CA$8.5bCA$3.3bCA$867.7m5.9x9.8x2.6x
Sat, 15 Apr 2023CA$8.3bCA$3.1bCA$1.3b6.2x6.5x2.7x
Mon, 13 Mar 2023CA$8.5bCA$3.2bCA$1.4b7x6.3x2.7x
Wed, 08 Feb 2023CA$9.1bCA$3.1bCA$2.0b6x4.6x2.9x
Fri, 06 Jan 2023CA$8.3bCA$3.1bCA$2.0b6.1x4.2x2.7x
Sun, 04 Dec 2022CA$8.9bCA$3.1bCA$2.0b5.9x4.5x2.9x
Tue, 01 Nov 2022CA$8.7bCA$2.9bCA$2.0b5.5x4.2x3x
Thu, 29 Sep 2022CA$8.5bCA$2.9bCA$2.0b6.1x4.2x3x
Sat, 27 Aug 2022CA$9.5bCA$2.8bCA$2.0b5.8x4.8x3.4x
Mon, 25 Jul 2022CA$9.3bCA$2.7bCA$1.6b4.7x5.9x3.5x
Wed, 22 Jun 2022CA$8.9bCA$2.7bCA$1.6b5.2x5.7x3.3x
Fri, 20 May 2022CA$10.1bCA$2.7bCA$1.6b5.3x6.4x3.8x
Sun, 17 Apr 2022CA$11.4bCA$2.5bCA$1.2b7.3x9.6x4.5x
Tue, 15 Mar 2022CA$11.7bCA$2.5bCA$1.2b7.6x9.8x4.6x
Thu, 10 Feb 2022CA$11.6bCA$2.6bCA$891.0m7.8x13x4.5x
Sat, 08 Jan 2022CA$12.8bCA$2.6bCA$864.8m8.1x14.8x4.9x
Mon, 06 Dec 2021CA$10.7bCA$2.6bCA$890.6m7.8x12x4.1x
Wed, 03 Nov 2021CA$9.2bCA$1.4bCA$531.9m10x17.4x6.4x
Fri, 01 Oct 2021CA$8.0bCA$1.5bCA$537.0m9.1x14.9x5.5x
Sun, 29 Aug 2021CA$7.4bCA$1.4bCA$531.5m8.5x13.9x5.2x
Mon, 05 Jul 2021CA$6.7bCA$1.4bCA$531.5m7.6x12.5x4.7x
Thu, 08 Apr 2021CA$5.7bCA$1.4bCA$173.9m9.9x33x4.2x
Sun, 10 Jan 2021CA$5.1bCA$1.3b-CA$34,124,895.4011x-148.6x4x
Price to Earnings Ratio

-328.4x


Total Market Cap: CA$4.5bTotal Earnings: -CA$13,633,126.15Total Revenue: CA$1.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Real Estate Operating Companies Industry Price to Earnings3Y Average -18.4x202120222023
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 33.6x which is higher than its 3-year average PE of -18.5x.
  • The 3-year average PS ratio of 3.8x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • Total earnings for the Real Estate Operating Companies industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 49% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Canadian Real Estate Operating Companies compare with similar industries?

CA Market-1.70%
Real Estate-1.97%
Real Estate0.018%
Real Estate Operating Companies-0.33%
Real Estate Services0.23%
Real Estate Development0.21%
Diversified Real Estate-1.93%
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
SVI StorageVault CanadaCA$4.307.0%
+CA$102.6m		-31.2%PE572x
PKT Parkit EnterpriseCA$0.465.7%
+CA$5.7m		-51.6%PS5.8x
COHO Coho Collective KitchensCA$0.1610.3%
+CA$1.7m		0%PS6.4x
GUF Gulf & Pacific EquitiesCA$0.436.1%
+CA$532.3k		20.8%PE4.3x
NXLV NexLiving CommunitiesCA$1.790.6%
+CA$164.7k		-40.3%PE3.2x
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Latest News

SVI

CA$4.30

StorageVault Canada

7D

7.0%

1Y

-31.2%

PKT

CA$0.46

Parkit Enterprise

7D

5.7%

1Y

-51.6%

IEI

CA$3.96

Imperial Equities

7D

-12.0%

1Y

-15.9%

GUF

CA$0.43

Gulf & Pacific Equities

7D

6.1%

1Y

20.8%

MPC

CA$6.28

Madison Pacific Properties

7D

-5.0%

1Y

-5.8%

Is Madison Pacific Properties (TSE:MPC) A Risky Investment?

Oct 18
Is Madison Pacific Properties (TSE:MPC) A Risky Investment?

YEG

CA$0.14

Yorkton Equity Group

7D

-10.0%

1Y

-20.6%

TCN

CA$9.11

Tricon Residential

7D

-2.6%

1Y

-20.6%

COHO

CA$0.16

Coho Collective Kitchens

7D

10.3%

1Y

0%

UFC

CA$0.96

Urbanfund

7D

-5.0%

1Y

1.1%

IVQ

CA$0.33

Invesque

7D

-17.5%

1Y

-78.3%

MRC

CA$100.65

Morguard

7D

-0.3%

1Y

-10.1%

NXLV

CA$1.79

NexLiving Communities

7D

0.6%

1Y

-40.3%

MEQ

CA$134.50

Mainstreet Equity

7D

-2.2%

1Y

19.2%