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

TSX:DRM • CA26153M5072

Current stock price

19.57 CAD
+0.55 (+2.89%)
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

  • DRM had negative earnings in the past year.
  • In the past year DRM had a positive cash flow from operations.
  • In multiple years DRM reported negative net income over the last 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: DRM reported negative operating cash flow in multiple 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 in line with its industry peers.
  • With a Return On Equity value of -1.28%, DRM perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • The Return On Invested Capital of DRM (2.74%) is comparable to the rest of the industry.
  • DRM had an Average Return On Invested Capital over the past 3 years of 2.40%. This is significantly below the industry average of 18.14%.
  • The 3 year average ROIC (2.40%) for DRM is below the current ROIC(2.74%), indicating increased profibility in the last year.
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

  • With a decent Operating Margin value of 26.67%, DRM is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • In the last couple of years the Operating Margin of DRM has grown nicely.
  • With a Gross Margin value of 40.20%, DRM perfoms like the industry average, outperforming 46.67% of the companies in the same 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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DRM is destroying value.
  • Compared to 1 year ago, DRM has about the same amount of shares outstanding.
  • DRM has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for DRM is higher compared to a year ago.
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

  • Based on the Altman-Z score of 0.95, we must say that DRM is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of DRM (0.95) is comparable to the rest of the industry.
  • The Debt to FCF ratio of DRM is 105.00, which is on the high side as it means it would take DRM, 105.00 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of DRM (105.00) is worse than 60.00% 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.
  • Looking at the Debt to Equity ratio, with a value of 1.32, DRM is doing worse than 73.33% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF 105
Altman-Z 0.95
ROIC/WACC0.37
WACC7.33%
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's Current ratio of 1.61 is fine compared to the rest of the industry. DRM outperforms 73.33% of its industry peers.
  • A Quick Ratio of 1.61 indicates that DRM should not have too much problems paying its short term obligations.
  • DRM's Quick ratio of 1.61 is fine compared to the rest of the industry. DRM outperforms 76.67% of its industry peers.
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%.
  • Looking at the last year, DRM shows a very negative growth in Revenue. The Revenue has decreased by -25.87% in the last year.
  • DRM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.90% yearly.
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

  • The Earnings Per Share is expected to grow by 291.33% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, DRM will show a quite strong growth in Revenue. The Revenue will grow by 9.17% on average per year.
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

  • The Revenue growth rate is accelerating: in the next years the growth will be better 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

5

4. DRM.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for DRM. In the last year negative earnings were reported.
  • A Price/Forward Earnings ratio of 17.00 indicates a correct valuation of DRM.
  • 93.33% 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 38.16. DRM is valued rather cheaply when compared to this.
Industry RankSector Rank
PE N/A
Fwd PE 17
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

  • Based on the Enterprise Value to EBITDA ratio, DRM is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
  • DRM's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 43.32
EV/EBITDA 20.44
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

  • DRM's 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 3.66%.
  • DRM's Dividend Yield is a higher than the industry average which is at 2.74.
  • DRM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.66%

5.2 History

  • On average, the dividend of DRM grows each year by 23.65%, which is quite nice.
  • 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.
  • The dividend of DRM is growing, but earnings are growing more, so the dividend growth is 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 (4/14/2026, 7:00:00 PM)

19.57

+0.55 (+2.89%)

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 Owners21.17%
Inst Owner ChangeN/A
Ins Owners40.84%
Ins Owner ChangeN/A
Market Cap792.39M
Revenue(TTM)462.95M
Net Income(TTM)-18.64M
Analysts80
Price Target34.17 (74.6%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.66%
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 17
P/S 1.71
P/FCF 43.32
P/OCF 36.46
P/B 0.54
P/tB 0.55
EV/EBITDA 20.44
EPS(TTM)-0.11
EYN/A
EPS(NY)1.15
Fwd EY5.88%
FCF(TTM)0.45
FCFY2.31%
OCF(TTM)0.54
OCFY2.74%
SpS11.43
BVpS35.99
TBVpS35.69
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0 (-100%)
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 0.95
F-Score4
WACC7.33%
ROIC/WACC0.37
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%.