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

Canada • Toronto Stock Exchange • TSX:DRM • CA26153M5072

19.73 CAD
-0.56 (-2.76%)
Last: Feb 5, 2026, 07:00 PM
Fundamental Rating

3

Overall DRM gets a fundamental rating of 3 out of 10. We evaluated DRM against 32 industry peers in the Real Estate Management & Development industry. Both the profitability and financial health of DRM have multiple concerns. DRM has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

3

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.
  • DRM had positive earnings in 4 of the past 5 years.
  • In the past 5 years DRM reported 4 times negative operating cash flow.
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 0 100M -100M 200M 300M

1.2 Ratios

  • The Return On Assets of DRM (2.08%) is better than 62.50% of its industry peers.
  • DRM has a Return On Equity of 5.57%. This is in the better half of the industry: DRM outperforms 65.63% of its industry peers.
  • DRM has a worse Return On Invested Capital (1.74%) than 65.63% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for DRM is significantly below the industry average of 10.88%.
Industry RankSector Rank
ROA 2.08%
ROE 5.57%
ROIC 1.74%
ROA(3y)1.98%
ROA(5y)2.94%
ROE(3y)4.92%
ROE(5y)6.79%
ROIC(3y)1.83%
ROIC(5y)1.65%
DRM.CA Yearly ROA, ROE, ROICDRM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

1.3 Margins

  • DRM's Profit Margin of 19.08% is fine compared to the rest of the industry. DRM outperforms 71.88% of its industry peers.
  • In the last couple of years the Profit Margin of DRM has declined.
  • DRM's Operating Margin of 17.98% is in line compared to the rest of the industry. DRM outperforms 53.13% of its industry peers.
  • DRM's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 32.25%, DRM is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
  • DRM's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 17.98%
PM (TTM) 19.08%
GM 32.25%
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%
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 0 20 -20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

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.
  • The number of shares outstanding for DRM has been reduced compared to 5 years ago.
  • Compared to 1 year ago, DRM has a worse debt to assets ratio.
DRM.CA Yearly Shares OutstandingDRM.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 1B 2B 3B

2.2 Solvency

  • DRM has an Altman-Z score of 0.91. This is a bad value and indicates that DRM is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of DRM (0.91) is comparable to the rest of the industry.
  • DRM has a Debt/Equity ratio of 1.32. This is a high value indicating a heavy dependency on external financing.
  • DRM has a Debt to Equity ratio of 1.32. This is in the lower half of the industry: DRM underperforms 68.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF N/A
Altman-Z 0.91
ROIC/WACC0.24
WACC7.37%
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 0 500M 1B 1.5B

2.3 Liquidity

  • DRM has a Current Ratio of 1.46. 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 (1.46) which is in line with its industry peers.
  • DRM has a Quick Ratio of 1.46. 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 1.46 is in line compared to the rest of the industry. DRM outperforms 59.38% of its industry peers.
Industry RankSector Rank
Current Ratio 1.46
Quick Ratio 1.46
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 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. Growth

3.1 Past

  • DRM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 394.52%, 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.
  • The Revenue for DRM has decreased by -17.89% in the past year. This is quite bad
  • The Revenue has been growing slightly by 1.48% on average over the past years.
EPS 1Y (TTM)394.52%
EPS 3Y18.69%
EPS 5Y-11.62%
EPS Q2Q%2.78%
Revenue 1Y (TTM)-17.89%
Revenue growth 3Y24.21%
Revenue growth 5Y1.48%
Sales Q2Q%19.7%

3.2 Future

  • Based on estimates for the next years, DRM will show a very negative growth in Earnings Per Share. The EPS will decrease by -29.22% on average per year.
  • Based on estimates for the next years, DRM will show a decrease in Revenue. The Revenue will decrease by -2.39% on average per year.
EPS Next Y-92.66%
EPS Next 2Y-31.48%
EPS Next 3Y-29.22%
EPS Next 5YN/A
Revenue Next Year-20.97%
Revenue Next 2Y-1.42%
Revenue Next 3Y-2.39%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 9.18, the valuation of DRM can be described as very reasonable.
  • Based on the Price/Earnings ratio, DRM is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
  • DRM is valuated cheaply when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 10.17, the valuation of DRM can be described as very reasonable.
  • 93.75% of the companies in the same industry are more expensive than DRM, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 27.20. DRM is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 9.18
Fwd PE 10.17
DRM.CA Price Earnings VS Forward Price EarningsDRM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • DRM's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 32.23
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

  • A cheap valuation may be justified as DRM's earnings are expected to decrease with -29.22% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-31.48%
EPS Next 3Y-29.22%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • DRM has a Yearly Dividend Yield of 3.32%. Purely for dividend investing, there may be better candidates out there.
  • DRM's Dividend Yield is a higher than the industry average which is at 2.33.
  • Compared to an average S&P500 Dividend Yield of 1.82, DRM pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.32%

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.
  • DRM has decreased its dividend recently.
Dividend Growth(5Y)52.47%
Div Incr Years1
Div Non Decr Years1
DRM.CA Yearly Dividends per shareDRM.CA Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • 84.43% of the earnings are spent on dividend by DRM. This is not a sustainable payout ratio.
  • DRM's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP84.43%
EPS Next 2Y-31.48%
EPS Next 3Y-29.22%
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 0 100M -100M 200M 300M
DRM.CA Dividend Payout.DRM.CA Dividend Payout, showing the Payout Ratio.DRM.CA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

DREAM UNLIMITED-CL A SUB VOT

TSX:DRM (2/5/2026, 7:00:00 PM)

19.73

-0.56 (-2.76%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)11-11
Earnings (Next)02-24
Inst Owners21.77%
Inst Owner ChangeN/A
Ins Owners40.86%
Ins Owner ChangeN/A
Market Cap798.47M
Revenue(TTM)443.46M
Net Income(TTM)81.03M
Analysts80
Price Target33.66 (70.6%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.32%
Yearly Dividend1.6
Dividend Growth(5Y)52.47%
DP84.43%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-531.59%
Min EPS beat(2)-840.59%
Max EPS beat(2)-222.58%
EPS beat(4)0
Avg EPS beat(4)-326.74%
Min EPS beat(4)-840.59%
Max EPS beat(4)-6.68%
EPS beat(8)1
Avg EPS beat(8)-349.8%
EPS beat(12)3
Avg EPS beat(12)-221.54%
EPS beat(16)7
Avg EPS beat(16)-115.27%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)0%
PT rev (3m)1.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)100%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.16%
Valuation
Industry RankSector Rank
PE 9.18
Fwd PE 10.17
P/S 1.88
P/FCF N/A
P/OCF N/A
P/B 0.55
P/tB 0.55
EV/EBITDA 32.23
EPS(TTM)2.15
EY10.9%
EPS(NY)1.94
Fwd EY9.83%
FCF(TTM)-2.37
FCFYN/A
OCF(TTM)-2.24
OCFYN/A
SpS10.49
BVpS35.93
TBVpS35.63
PEG (NY)N/A
PEG (5Y)N/A
Graham Number41.69
Profitability
Industry RankSector Rank
ROA 2.08%
ROE 5.57%
ROCE 2.09%
ROIC 1.74%
ROICexc 1.78%
ROICexgc 2.35%
OM 17.98%
PM (TTM) 19.08%
GM 32.25%
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%
ROICexgc growth 3Y39.33%
ROICexgc 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-Score4
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF N/A
Debt/EBITDA 23.41
Cap/Depr 91.69%
Cap/Sales 1.23%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.46
Quick Ratio 1.46
Altman-Z 0.91
F-Score4
WACC7.37%
ROIC/WACC0.24
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)394.52%
EPS 3Y18.69%
EPS 5Y-11.62%
EPS Q2Q%2.78%
EPS Next Y-92.66%
EPS Next 2Y-31.48%
EPS Next 3Y-29.22%
EPS Next 5YN/A
Revenue 1Y (TTM)-17.89%
Revenue growth 3Y24.21%
Revenue growth 5Y1.48%
Sales Q2Q%19.7%
Revenue Next Year-20.97%
Revenue Next 2Y-1.42%
Revenue Next 3Y-2.39%
Revenue Next 5YN/A
EBIT growth 1Y-26.05%
EBIT growth 3Y47.22%
EBIT growth 5Y-14.76%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-133.73%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-3685.08%
OCF growth 3YN/A
OCF growth 5YN/A

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

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

ChartMill assigns a fundamental rating of 3 / 10 to DRM.CA.


Can you provide the valuation status for DREAM UNLIMITED-CL A SUB VOT?

ChartMill assigns a valuation rating of 4 / 10 to DREAM UNLIMITED-CL A SUB VOT (DRM.CA). This can be considered as Fairly Valued.


What is the profitability of DRM stock?

DREAM UNLIMITED-CL A SUB VOT (DRM.CA) has a profitability rating of 3 / 10.


Can you provide the PE and PB ratios for DRM stock?

The Price/Earnings (PE) ratio for DREAM UNLIMITED-CL A SUB VOT (DRM.CA) is 9.18 and the Price/Book (PB) ratio is 0.55.


What is the expected EPS growth for DREAM UNLIMITED-CL A SUB VOT (DRM.CA) stock?

The Earnings per Share (EPS) of DREAM UNLIMITED-CL A SUB VOT (DRM.CA) is expected to decline by -92.66% in the next year.