Genesis Land Dev (GDC) AI Stock Analysis

• Market Cap: C$213.07M
• Dividend Yield: 5.01%
• Average Volume (3M): 5.58K
• Price to Earnings (P/E): 5.7
• Beta (1Y): 0.18
• Revenue Growth: 18.60%
• EPS Growth: 48.05%
• Country: CA
• Employees: 120
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.12
• Shares Outstanding: 56,667,267
• 10 Day Avg. Volume: 6,848
• 30 Day Avg. Volume: 5,580
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$3.50
• Price Target Upside: -6.91% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: C$3.50 ▼(-6.91% Downside)

Genesis Land Dev's strong financial performance and attractive valuation are the primary drivers of its overall score. The company's robust revenue growth and profitability, combined with a low P/E ratio and high dividend yield, make it an appealing investment. However, the neutral technical indicators and concerns about cash flow conversion slightly temper the overall score.

Genesis Land Dev Business Overview & Revenue Model

Company Description

Genesis Land Development Corp., an integrated land developer and residential home builder, owns and develops a portfolio of residential lands and serviced lots in the Calgary Metropolitan Area, Canada. It operates through two segments, Land Development and Home Building. The Land Development segment acquires, plans, rezones, subdivides, services, and sells residential lots, and commercial and industrial lands to third-party developers and builders. The Home Building segment designs, constructs, and sells single-family and semi-detached homes and townhomes. The company was formerly known as Genesis Capital Corp. and changed its name to Genesis Land Development Corp. in October 1998. Genesis Land Development Corp. was founded in 1991 and is headquartered in Calgary, Canada.

How the Company Makes Money

Genesis Land Development Corp makes money through the acquisition and development of land, which it then sells or leases as residential and mixed-use properties. The company's primary revenue streams come from the sale of developed residential lots to homebuilders and end-users, the sale of completed homes and condominiums to individual buyers, and leasing properties within mixed-use developments. GDC also benefits from strategic partnerships with local governments, contractors, and other stakeholders, which can enhance project efficiency and profitability. Additionally, the company's focus on sustainable practices can attract environmentally conscious buyers, potentially leading to premium pricing and increased sales.

Genesis Land Dev Financial Statement Overview

Summary

Genesis Land Dev shows strong financial performance with significant revenue growth and improved profitability margins. The balance sheet is stable with moderate leverage and efficient use of equity. However, cash flow conversion from operating activities remains a concern, despite effective free cash flow management.

Income Statement

Genesis Land Dev has demonstrated strong revenue growth with a 77.56% increase from 2023 to 2024. The gross profit margin stands at 26.74% for 2024, indicating efficient cost management. The net profit margin improved significantly to 10.97%, showing enhanced profitability. EBIT and EBITDA margins are also robust, reflecting solid operational performance. However, the company should continue focusing on maintaining this growth trajectory in a competitive real estate market.

Balance Sheet

The company's balance sheet is stable with a debt-to-equity ratio of 0.50, suggesting a moderate level of leverage. The equity ratio is healthy at 46.13%, indicating strong equity financing. Return on Equity is impressive at 14.85%, highlighting efficient use of equity capital. While the company's debt levels have increased, the equity growth has largely kept pace, maintaining financial stability.

Cash Flow

Genesis Land Dev's cash flow position has improved, with a positive free cash flow of 26.07 million in 2024. The operating cash flow to net income ratio is a concern at zero, indicating potential challenges in converting income into cash. However, the free cash flow to net income ratio is favorable, suggesting effective cash management. Continued focus on improving operating cash flows will be crucial.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	327.40M	361.06M	203.31M	140.36M	109.76M	103.93M
Gross Profit	95.21M	96.52M	46.53M	27.16M	31.84M	15.71M
EBITDA	60.23M	60.13M	19.50M	7.29M	15.33M	2.01M
Net Income	37.34M	39.60M	14.51M	4.52M	10.88M	-205.00K
Balance Sheet
Total Assets	597.07M	577.72M	440.08M	364.14M	324.93M	266.49M
Cash, Cash Equivalents and Short-Term Investments	20.94M	21.41M	37.55M	36.60M	63.98M	29.74M
Total Debt	139.19M	134.45M	104.30M	65.90M	33.51M	22.26M
Total Liabilities	305.64M	290.52M	198.94M	136.80M	88.99M	66.73M
Stockholders Equity	272.95M	266.48M	231.14M	224.63M	228.62M	187.68M
Cash Flow
Free Cash Flow	17.09M	26.07M	-8.46M	3.91M	-358.00K	45.83M
Operating Cash Flow	18.12M	27.55M	-7.80M	4.52M	517.00K	46.65M
Investing Cash Flow	-12.11M	-14.06M	1.34M	-2.10M	-885.00K	-1.07M
Financing Cash Flow	-24.13M	-29.63M	7.41M	18.48M	32.73M	-33.42M

Genesis Land Dev Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GDC, the sentiment is Positive. The current price of 3.76 is above the 20-day moving average (MA) of 3.39, above the 50-day MA of 3.27, and above the 200-day MA of 3.16, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 81.11 is Negative, neither overbought nor oversold. The STOCH value of 96.70 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GDC.

Genesis Land Dev Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GDC	77 Outperform	C$213.07M	5.72	14.54%	5.01%	18.60%	48.05%
BTB.UN	76 Outperform	C$331.89M	8.74	7.69%	8.23%	1.59%	19.74%
WFC	67 Neutral	C$461.74M	14.99	15.15%	―	2.59%	23.96%
MRD	64 Neutral	C$467.12M	48.23	0.78%	2.97%	14.27%	-86.95%
DRM	57 Neutral	C$889.12M	10.87	5.57%	7.77%	-26.40%	―
MRT.UN	48 Neutral	C$374.07M	-11.07	-3.82%	4.33%	-2.90%	68.88%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Genesis Land Dev Corporate Events

Genesis Land Development Reports Decline in 2025 Q2 Results Amid Leadership Transition

Genesis Land Development Corp. reported a decline in financial performance for the first half of 2025, with revenues dropping to $129.6 million from $163.3 million in the same period of 2024. The company experienced a significant decrease in residential lot sales and new home orders, although land servicing activity increased. Genesis also completed a leadership transition with the appointment of Parveshindera Sidhu as the new CEO. Despite the challenges, Genesis continues to manage its balance sheet prudently and maintain its strategic focus on land development and shareholder returns.