DREAM UNLIMITED-CL A SUB VOT (DRM.CA) Fundamental Analysis & Valuation

TSX:DRM • CA26153M5072

Current stock price

19.1 CAD
+0.19 (+1%)
Last:

This DRM.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. DRM.CA Profitability Analysis

1.1 Basic Checks

  • In the past year DRM has reported negative net income.
  • DRM had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: DRM reported negative net income in multiple years.
  • In multiple years DRM reported negative operating cash flow during the last 5 years.
DRM.CA Yearly Net Income VS EBIT VS OCF VS FCFDRM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M 300M

1.2 Ratios

  • DRM has a Return On Assets (-0.47%) which is comparable to the rest of the industry.
  • DRM has a Return On Equity (-1.28%) which is comparable to the rest of the industry.
  • DRM has a Return On Invested Capital (2.74%) which is in line with its industry peers.
  • The Average Return On Invested Capital over the past 3 years for DRM is significantly below the industry average of 18.70%.
  • The last Return On Invested Capital (2.74%) for DRM is above the 3 year average (2.40%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -0.47%
ROE -1.28%
ROIC 2.74%
ROA(3y)0.43%
ROA(5y)1.72%
ROE(3y)0.96%
ROE(5y)4.24%
ROIC(3y)2.4%
ROIC(5y)1.87%
DRM.CA Yearly ROA, ROE, ROICDRM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20

1.3 Margins

  • Looking at the Operating Margin, with a value of 26.67%, DRM is in the better half of the industry, outperforming 65.52% of the companies in the same industry.
  • In the last couple of years the Operating Margin of DRM has grown nicely.
  • DRM has a Gross Margin (40.20%) which is comparable to the rest of the industry.
  • DRM's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 26.67%
PM (TTM) N/A
GM 40.2%
OM growth 3Y26.78%
OM growth 5Y12.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.75%
GM growth 5Y5.84%
DRM.CA Yearly Profit, Operating, Gross MarginsDRM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60

3

2. DRM.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DRM is destroying value.
  • DRM has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for DRM has been reduced compared to 5 years ago.
  • DRM has a worse debt/assets ratio than last year.
DRM.CA Yearly Shares OutstandingDRM.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
DRM.CA Yearly Total Debt VS Total AssetsDRM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • DRM has an Altman-Z score of 0.94. This is a bad value and indicates that DRM is not financially healthy and even has some risk of bankruptcy.
  • DRM has a Altman-Z score (0.94) which is comparable to the rest of the industry.
  • DRM has a debt to FCF ratio of 105.00. This is a negative value and a sign of low solvency as DRM would need 105.00 years to pay back of all of its debts.
  • The Debt to FCF ratio of DRM (105.00) is worse than 62.07% of its industry peers.
  • A Debt/Equity ratio of 1.32 is on the high side and indicates that DRM has dependencies on debt financing.
  • DRM has a worse Debt to Equity ratio (1.32) than 68.97% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF 105
Altman-Z 0.94
ROIC/WACC0.38
WACC7.26%
DRM.CA Yearly LT Debt VS Equity VS FCFDRM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B

2.3 Liquidity

  • DRM has a Current Ratio of 1.61. 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 better Current ratio (1.61) than 79.31% of its industry peers.
  • A Quick Ratio of 1.61 indicates that DRM should not have too much problems paying its short term obligations.
  • With an excellent Quick ratio value of 1.61, DRM belongs to the best of the industry, outperforming 82.76% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.61
Quick Ratio 1.61
DRM.CA Yearly Current Assets VS Current LiabilitesDRM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

4

3. DRM.CA Growth Analysis

3.1 Past

  • DRM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -102.66%.
  • The Revenue for DRM has decreased by -25.87% in the past year. This is quite bad
  • Measured over the past years, DRM shows a small growth in Revenue. The Revenue has been growing by 5.90% on average per year.
EPS 1Y (TTM)-102.66%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-76.61%
Revenue 1Y (TTM)-25.87%
Revenue growth 3Y10.43%
Revenue growth 5Y5.9%
Sales Q2Q%10.14%

3.2 Future

  • DRM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 291.33% yearly.
  • DRM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.17% yearly.
EPS Next Y1146.73%
EPS Next 2Y291.33%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.94%
Revenue Next 2Y9.17%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
DRM.CA Yearly Revenue VS EstimatesDRM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
DRM.CA Yearly EPS VS EstimatesDRM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 4 6

5

4. DRM.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • DRM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • The Price/Forward Earnings ratio is 16.59, which indicates a correct valuation of DRM.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of DRM indicates a rather cheap valuation: DRM is cheaper than 89.66% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.54, DRM is valued a bit cheaper.
Industry RankSector Rank
PE N/A
Fwd PE 16.59
DRM.CA Price Earnings VS Forward Price EarningsDRM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -50 -100 -150

4.2 Price Multiples

  • DRM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DRM is cheaper than 68.97% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of DRM is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 42.09
EV/EBITDA 20.27
DRM.CA Per share dataDRM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • DRM's earnings are expected to grow with 291.33% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y291.33%
EPS Next 3YN/A

5

5. DRM.CA Dividend Analysis

5.1 Amount

  • DRM has a Yearly Dividend Yield of 3.91%.
  • DRM's Dividend Yield is a higher than the industry average which is at 2.89.
  • DRM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 3.91%

5.2 History

  • The dividend of DRM is nicely growing with an annual growth rate of 23.65%!
  • DRM has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)23.65%
Div Incr Years0
Div Non Decr Years0
DRM.CA Yearly Dividends per shareDRM.CA Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • The earnings of DRM are negative and hence is the payout ratio. DRM will probably not be able to sustain this dividend level.
  • DRM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-147.2%
EPS Next 2Y291.33%
EPS Next 3YN/A
DRM.CA Yearly Income VS Free CF VS DividendDRM.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M 300M

DRM.CA Fundamentals: All Metrics, Ratios and Statistics

DREAM UNLIMITED-CL A SUB VOT

TSX:DRM (4/9/2026, 7:00:00 PM)

19.1

+0.19 (+1%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)02-24
Earnings (Next)05-11
Inst Owners21.33%
Inst Owner ChangeN/A
Ins Owners41.03%
Ins Owner ChangeN/A
Market Cap769.92M
Revenue(TTM)462.95M
Net Income(TTM)-18.64M
Analysts80
Price Target34.17 (78.9%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.91%
Yearly Dividend0.65
Dividend Growth(5Y)23.65%
DP-147.2%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-13
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-87.13%
Min EPS beat(2)-347.52%
Max EPS beat(2)173.27%
EPS beat(4)1
Avg EPS beat(4)-309.36%
Min EPS beat(4)-840.59%
Max EPS beat(4)173.27%
EPS beat(8)2
Avg EPS beat(8)-163.5%
EPS beat(12)3
Avg EPS beat(12)-290.07%
EPS beat(16)6
Avg EPS beat(16)-152.5%
Revenue beat(2)2
Avg Revenue beat(2)32.81%
Min Revenue beat(2)32.67%
Max Revenue beat(2)32.96%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)1.52%
PT rev (3m)1.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-40.62%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-8.16%
Revenue NY rev (3m)-8.16%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 16.59
P/S 1.66
P/FCF 42.09
P/OCF 35.42
P/B 0.53
P/tB 0.53
EV/EBITDA 20.27
EPS(TTM)-0.11
EYN/A
EPS(NY)1.15
Fwd EY6.03%
FCF(TTM)0.45
FCFY2.38%
OCF(TTM)0.54
OCFY2.82%
SpS11.48
BVpS36.15
TBVpS35.85
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -0.47%
ROE -1.28%
ROCE 3.29%
ROIC 2.74%
ROICexc 2.79%
ROICexgc 3.67%
OM 26.67%
PM (TTM) N/A
GM 40.2%
FCFM 3.95%
ROA(3y)0.43%
ROA(5y)1.72%
ROE(3y)0.96%
ROE(5y)4.24%
ROIC(3y)2.4%
ROIC(5y)1.87%
ROICexc(3y)2.45%
ROICexc(5y)1.9%
ROICexgc(3y)3.24%
ROICexgc(5y)2.52%
ROCE(3y)2.88%
ROCE(5y)2.24%
ROICexgc growth 3Y38.22%
ROICexgc growth 5Y6.64%
ROICexc growth 3Y38.74%
ROICexc growth 5Y9.21%
OM growth 3Y26.78%
OM growth 5Y12.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.75%
GM growth 5Y5.84%
F-Score4
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF 105
Debt/EBITDA 14.78
Cap/Depr 53.69%
Cap/Sales 0.74%
Interest Coverage 250
Cash Conversion 16.73%
Profit Quality N/A
Current Ratio 1.61
Quick Ratio 1.61
Altman-Z 0.94
F-Score4
WACC7.26%
ROIC/WACC0.38
Cap/Depr(3y)128.61%
Cap/Depr(5y)152.18%
Cap/Sales(3y)1.57%
Cap/Sales(5y)2.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-102.66%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-76.61%
EPS Next Y1146.73%
EPS Next 2Y291.33%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-25.87%
Revenue growth 3Y10.43%
Revenue growth 5Y5.9%
Sales Q2Q%10.14%
Revenue Next Year12.94%
Revenue Next 2Y9.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-8.74%
EBIT growth 3Y40%
EBIT growth 5Y18.88%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y139.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y154.43%
OCF growth 3YN/A
OCF growth 5YN/A

DREAM UNLIMITED-CL A SUB VOT / DRM.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of DREAM UNLIMITED-CL A SUB VOT (DRM.CA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to DRM.CA.


What is the valuation status of DREAM UNLIMITED-CL A SUB VOT (DRM.CA) stock?

ChartMill assigns a valuation rating of 5 / 10 to DREAM UNLIMITED-CL A SUB VOT (DRM.CA). This can be considered as Fairly Valued.


How profitable is DREAM UNLIMITED-CL A SUB VOT (DRM.CA) stock?

DREAM UNLIMITED-CL A SUB VOT (DRM.CA) has a profitability rating of 4 / 10.


Is the dividend of DREAM UNLIMITED-CL A SUB VOT sustainable?

The dividend rating of DREAM UNLIMITED-CL A SUB VOT (DRM.CA) is 5 / 10 and the dividend payout ratio is -147.2%.