DREAM UNLIMITED-CL A SUB VOT (DRM.CA) Stock Fundamental Analysis
TSX:DRM - Toronto Stock Exchange - CA26153M5072 - Common Stock - Currency: CAD
Overall DRM gets a fundamental rating of 4 out of 10. We evaluated DRM against 32 industry peers in the Real Estate Management & Development industry. While DRM is still in line with the averages on profitability rating, there are concerns on its financial health. DRM is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year DRM was profitable.
In the past year DRM has reported a negative cash flow from operations.
Of the past 5 years DRM 4 years were profitable.
DRM had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
DRM has a Return On Assets of 4.79%. This is amongst the best in the industry. DRM outperforms 81.25% of its industry peers.
DRM has a better Return On Equity (12.51%) than 87.50% of its industry peers.
DRM has a Return On Invested Capital of 3.05%. This is comparable to the rest of the industry: DRM outperforms 46.88% of its industry peers.
DRM had an Average Return On Invested Capital over the past 3 years of 1.83%. This is significantly below the industry average of 10.51%.
The 3 year average ROIC (1.83%) for DRM is below the current ROIC(3.05%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.79% | ||
| ROE | 12.51% | ||
| ROIC | 3.05% |
ROA(3y)1.98%
ROA(5y)2.94%
ROE(3y)4.92%
ROE(5y)6.79%
ROIC(3y)1.83%
ROIC(5y)1.65%
1.3 Margins
With a decent Profit Margin value of 30.08%, DRM is doing good in the industry, outperforming 78.13% of the companies in the same industry.
DRM's Profit Margin has declined in the last couple of years.
DRM has a Operating Margin of 21.66%. This is comparable to the rest of the industry: DRM outperforms 46.88% of its industry peers.
In the last couple of years the Operating Margin of DRM has declined.
With a Gross Margin value of 32.29%, DRM is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of DRM has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.66% | ||
| PM (TTM) | 30.08% | ||
| GM | 32.29% |
OM growth 3Y18.53%
OM growth 5Y-16%
PM growth 3Y-3.77%
PM growth 5Y-12.07%
GM growth 3Y4.93%
GM growth 5Y-12.44%
2. Health
2.1 Basic Checks
DRM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for DRM has been reduced compared to 1 year ago.
DRM has less shares outstanding than it did 5 years ago.
DRM has a worse debt/assets ratio than last year.
2.2 Solvency
DRM has an Altman-Z score of 1.02. This is a bad value and indicates that DRM is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.02, DRM perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
DRM has a Debt/Equity ratio of 1.25. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.25, DRM is not doing good in the industry: 71.88% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.02 |
ROIC/WACC0.43
WACC7.13%
2.3 Liquidity
DRM has a Current Ratio of 1.71. This is a normal value and indicates that DRM is financially healthy and should not expect problems in meeting its short term obligations.
DRM has a Current ratio of 1.71. This is in the better half of the industry: DRM outperforms 75.00% of its industry peers.
DRM has a Quick Ratio of 1.71. This is a normal value and indicates that DRM is financially healthy and should not expect problems in meeting its short term obligations.
DRM's Quick ratio of 1.71 is fine compared to the rest of the industry. DRM outperforms 78.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.71 |
3. Growth
3.1 Past
DRM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 249.10%, which is quite impressive.
DRM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -11.62% yearly.
Looking at the last year, DRM shows a very strong growth in Revenue. The Revenue has grown by 61.39%.
DRM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.48% yearly.
EPS 1Y (TTM)249.1%
EPS 3Y18.69%
EPS 5Y-11.62%
EPS Q2Q%254.45%
Revenue 1Y (TTM)61.39%
Revenue growth 3Y24.21%
Revenue growth 5Y1.48%
Sales Q2Q%78.25%
3.2 Future
DRM is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -42.54% yearly.
DRM is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -13.11% yearly.
EPS Next Y-73.34%
EPS Next 2Y-42.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-23.25%
Revenue Next 2Y-13.11%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 4.29 indicates a rather cheap valuation of DRM.
DRM's Price/Earnings ratio is rather cheap when compared to the industry. DRM is cheaper than 100.00% of the companies in the same industry.
DRM is valuated cheaply when we compare the Price/Earnings ratio to 26.03, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 16.08, the valuation of DRM can be described as correct.
81.25% of the companies in the same industry are more expensive than DRM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.94, DRM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.29 | ||
| Fwd PE | 16.08 |
4.2 Price Multiples
DRM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DRM is cheaper than 71.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.11 |
4.3 Compensation for Growth
A cheap valuation may be justified as DRM's earnings are expected to decrease with -42.54% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-42.54%
EPS Next 3YN/A
5. Dividend
5.1 Amount
DRM has a Yearly Dividend Yield of 3.53%.
DRM's Dividend Yield is a higher than the industry average which is at 3.49.
Compared to an average S&P500 Dividend Yield of 2.36, DRM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
5.2 History
The dividend of DRM is nicely growing with an annual growth rate of 52.47%!
DRM has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)52.47%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
35.83% of the earnings are spent on dividend by DRM. This is a low number and sustainable payout ratio.
DP35.83%
EPS Next 2Y-42.54%
EPS Next 3YN/A
TSX:DRM (5/21/2025, 7:00:00 PM)
17.7
-0.63 (-3.44%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners21.47%
Inst Owner ChangeN/A
Ins Owners47.19%
Ins Owner ChangeN/A
Market Cap723.22M
Analysts80
Price Target34.68 (95.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
Yearly Dividend1.6
Dividend Growth(5Y)52.47%
DP35.83%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-121.89%
Min EPS beat(2)-237.09%
Max EPS beat(2)-6.68%
EPS beat(4)1
Avg EPS beat(4)-17.64%
Min EPS beat(4)-237.09%
Max EPS beat(4)218.76%
EPS beat(8)2
Avg EPS beat(8)-280.42%
EPS beat(12)5
Avg EPS beat(12)-100.21%
EPS beat(16)7
Avg EPS beat(16)-64.03%
Revenue beat(2)1
Avg Revenue beat(2)2.44%
Min Revenue beat(2)-9.93%
Max Revenue beat(2)14.81%
Revenue beat(4)3
Avg Revenue beat(4)24.96%
Min Revenue beat(4)-9.93%
Max Revenue beat(4)47.57%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-6.85%
PT rev (3m)-6.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-122.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-9.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.29 | ||
| Fwd PE | 16.08 | ||
| P/S | 1.16 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.48 | ||
| P/tB | 0.49 | ||
| EV/EBITDA | 18.11 |
EPS(TTM)4.13
EY23.33%
EPS(NY)1.1
Fwd EY6.22%
FCF(TTM)-1.14
FCFYN/A
OCF(TTM)-0.98
OCFYN/A
SpS15.28
BVpS36.75
TBVpS36.42
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.79% | ||
| ROE | 12.51% | ||
| ROCE | 3.66% | ||
| ROIC | 3.05% | ||
| ROICexc | 3.12% | ||
| ROICexgc | 4.08% | ||
| OM | 21.66% | ||
| PM (TTM) | 30.08% | ||
| GM | 32.29% | ||
| FCFM | N/A |
ROA(3y)1.98%
ROA(5y)2.94%
ROE(3y)4.92%
ROE(5y)6.79%
ROIC(3y)1.83%
ROIC(5y)1.65%
ROICexc(3y)1.86%
ROICexc(5y)1.7%
ROICexgc(3y)2.47%
ROICexgc(5y)2.32%
ROCE(3y)2.19%
ROCE(5y)1.98%
ROICexcg growth 3Y39.33%
ROICexcg growth 5Y-25.54%
ROICexc growth 3Y40.89%
ROICexc growth 5Y-22.13%
OM growth 3Y18.53%
OM growth 5Y-16%
PM growth 3Y-3.77%
PM growth 5Y-12.07%
GM growth 3Y4.93%
GM growth 5Y-12.44%
F-Score5
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 13.5 | ||
| Cap/Depr | 191.85% | ||
| Cap/Sales | 1.04% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.71 | ||
| Altman-Z | 1.02 |
F-Score5
WACC7.13%
ROIC/WACC0.43
Cap/Depr(3y)189.38%
Cap/Depr(5y)392.14%
Cap/Sales(3y)3.04%
Cap/Sales(5y)7.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)249.1%
EPS 3Y18.69%
EPS 5Y-11.62%
EPS Q2Q%254.45%
EPS Next Y-73.34%
EPS Next 2Y-42.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)61.39%
Revenue growth 3Y24.21%
Revenue growth 5Y1.48%
Sales Q2Q%78.25%
Revenue Next Year-23.25%
Revenue Next 2Y-13.11%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y147.2%
EBIT growth 3Y47.22%
EBIT growth 5Y-14.76%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y50.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y51.3%
OCF growth 3YN/A
OCF growth 5YN/A