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Genesis Land Dev
(TSX:GDC)
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Rating:77Outperform
Price Target:
C$4.00
▲(11.42% Upside)
Action:Reiterated
Date:07/31/26
The score is driven mainly by solid financial performance (strong TTM growth and profitability with improved free cash flow) and an attractive valuation (low P/E). Technicals are supportive with the stock trading above key moving averages, though limited by missing momentum indicators; recent margin/earnings softening and historically lumpy cash flows temper the overall rating.
Positive Factors
Strong Revenue Growth and Profitability
The sharp TTM revenue increase, alongside solid gross and net margins, indicates strong land and homebuilding activity. Sustained demand and the company’s ability to convert development inventory into sales can support earnings over the next several quarters.
Negative Factors
Recent Earnings and Margin Normalization
The decline in net income and operating profit despite comparable revenue suggests normalization in pricing, product mix or costs. If this persists, it could limit profit growth and reduce the benefit of strong top-line activity across upcoming reporting periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth and Profitability
The sharp TTM revenue increase, alongside solid gross and net margins, indicates strong land and homebuilding activity. Sustained demand and the company’s ability to convert development inventory into sales can support earnings over the next several quarters.
Read all positive factors
Genesis Land Dev (GDC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$184.01M
Dividend YieldN/A
Average Volume (3M)3.01K
Price to Earnings (P/E)5.8
Beta (1Y)0.33
Revenue Growth15.40%
EPS Growth-15.19%
CountryCA
Employees137
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)0.56
Shares Outstanding56,273,613
10 Day Avg. Volume3,528
30 Day Avg. Volume3,012
Financial Highlights & Ratios
PEG Ratio-3.34
Price to Book (P/B)0.63
Price to Sales (P/S)0.49
P/FCF Ratio11.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Genesis Land Dev Business Overview & Revenue Model
Company Description
Headquartered in Calgary, Canada, Genesis Land Development Corp. functions as a comprehensive real estate enterprise, specializing in both land development and residential construction. The company maintains an extensive portfolio of residential p...
How the Company Makes Money
GDC generates revenue primarily through real estate development and homebuilding activities. Key revenue streams include: (1) Land/lot sales: the company buys and holds land, advances it through planning/entitlement and servicing (e.g., roads and ...
Genesis Land Dev Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
69
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 377.81M | 381.16M | 361.06M | 203.31M | 140.36M | 109.76M |
| Gross Profit | 93.09M | 100.99M | 96.52M | 46.53M | 27.16M | 31.84M |
| EBITDA | 52.61M | 63.36M | 60.13M | 22.46M | 7.29M | 15.33M |
| Net Income | 31.57M | 39.24M | 39.60M | 14.51M | 4.52M | 10.88M |
Balance Sheet | ||||||
| Total Assets | 627.52M | 629.91M | 577.72M | 440.08M | 364.14M | 324.93M |
| Cash, Cash Equivalents and Short-Term Investments | 27.55M | 17.51M | 21.41M | 37.55M | 36.60M | 63.98M |
| Total Debt | 136.65M | 137.18M | 134.45M | 104.30M | 65.90M | 33.51M |
| Total Liabilities | 307.31M | 302.55M | 290.52M | 198.94M | 136.80M | 88.99M |
| Stockholders Equity | 295.58M | 298.49M | 266.48M | 231.14M | 224.63M | 228.62M |
Cash Flow | ||||||
| Free Cash Flow | 35.21M | 16.16M | 26.07M | -8.46M | 3.91M | -358.00K |
| Operating Cash Flow | 36.29M | 17.74M | 27.55M | -7.80M | 4.52M | 517.00K |
| Investing Cash Flow | -3.48M | -1.58M | -14.06M | 1.34M | -2.10M | -885.00K |
| Financing Cash Flow | -26.20M | -20.06M | -29.63M | 7.41M | 18.48M | 32.73M |
Genesis Land Dev Technical Analysis
Negative
3.59
Price Trends
3.41
Negative
3.36
Negative
3.27
Negative
Market Momentum
-0.04
Positive
38.07
Neutral
1.39
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GDC, the sentiment is Negative. The current price of 3.59 is above the 20-day moving average (MA) of 3.45, above the 50-day MA of 3.41, and above the 200-day MA of 3.27, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 38.07 is Neutral, neither overbought nor oversold. The STOCH value of 1.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GDC.
Genesis Land Dev Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | C$184.01M | 5.84 | 11.83% | ― | 15.40% | -15.19% | |
72 Outperform | C$261.80M | 9.09 | 9.27% | 8.65% | 1.31% | 20.47% | |
72 Outperform | C$664.47M | 21.16 | 15.90% | 5.26% | -18.04% | 7.87% | |
69 Neutral | C$555.92M | 6.16 | 6.06% | 4.83% | -3.65% | 840.07% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
59 Neutral | C$472.23M | 98.87 | 0.56% | 3.43% | -4.01% | ― | |
55 Neutral | C$341.44M | 13.22 | 4.68% | 7.75% | -0.81% | -32.86% |
* Real Estate Sector Average
TSE:GDC
Genesis Land Dev
3.27
0.34
11.49%
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TSE:WFC
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TSE:MRD
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.