Genesis Land Dev (GDC) AI Stock Analysis

• Market Cap: C$176.92M
• Dividend Yield: 6.41%
• Average Volume (3M): 3.52K
• Price to Earnings (P/E): 4.6
• Beta (1Y): 0.26
• Revenue Growth: 49.81%
• EPS Growth: 81.65%
• Country: CA
• Employees: 120
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.11
• Shares Outstanding: 56,705,418
• 10 Day Avg. Volume: 5,142
• 30 Day Avg. Volume: 3,517
• PEG Ratio: -0.38
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 29.50
• 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: 12.54% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 79 Outperform
• Price Target: C$3.50 ▲(12.54%Upside)

Genesis Land Dev's overall stock score is driven by its strong financial performance, attractive valuation, and neutral technical indicators. The company's robust growth and profitability, combined with its undervaluation and high dividend yield, make it an appealing investment, though improvements in cash flow conversion could enhance its financial standing further.

Genesis Land Dev Business Overview & Revenue Model

Company Description

Genesis Land Development Corp (GDC) is a real estate development company primarily focused on residential and mixed-use properties in Canada. The company engages in the acquisition, development, and sale of land and residential properties, with a strong emphasis on creating vibrant and sustainable communities. GDC operates across various sectors including land development, housing construction, and property management, offering a diverse range of products and services to meet the needs of homeowners and investors.

How the Company Makes Money

Genesis Land Development Corp generates revenue primarily through the development and sale of residential properties, including single-family homes, townhouses, and condominiums. The company acquires land, develops it into residential communities, and sells the developed properties to homebuyers. In addition to direct sales, GDC may also earn revenue from joint ventures and partnerships with other real estate developers or construction companies. These collaborations can provide additional capital and resources, allowing GDC to undertake larger projects and expand its market presence. The company may also engage in property management services, generating income through rental properties and related services. Overall, GDC's earnings are influenced by factors such as real estate market conditions, land acquisition costs, construction expenses, and consumer demand for housing.

Genesis Land Dev Financial Statement Overview

Summary

Genesis Land Dev demonstrates strong financial performance with substantial revenue growth, improved profitability margins, and a stable balance sheet. However, challenges in converting income into cash remain, 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	350.96M	361.06M	203.31M	140.36M	109.76M	103.93M
Gross Profit	96.04M	96.52M	46.53M	27.16M	31.84M	15.71M
EBITDA	51.07M	63.31M	19.50M	7.29M	15.33M	2.01M
Net Income	38.68M	39.60M	14.51M	4.52M	10.88M	-205.00K
Balance Sheet
Total Assets	585.01M	577.72M	440.08M	364.14M	324.93M	266.49M
Cash, Cash Equivalents and Short-Term Investments	24.12M	21.41M	37.55M	36.60M	63.98M	29.74M
Total Debt	142.09M	134.45M	104.30M	65.90M	33.51M	22.26M
Total Liabilities	292.28M	290.52M	198.94M	136.80M	88.99M	66.73M
Stockholders Equity	272.35M	266.48M	231.14M	224.63M	228.62M	187.68M
Cash Flow
Free Cash Flow	13.65M	26.07M	-8.46M	3.91M	-358.00K	45.83M
Operating Cash Flow	15.52M	27.55M	-7.80M	4.52M	517.00K	46.65M
Investing Cash Flow	-12.05M	-17.65M	1.34M	-2.10M	-885.00K	-1.07M
Financing Cash Flow	-18.59M	-29.63M	7.41M	18.48M	32.73M	-33.42M

Genesis Land Dev Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: 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 3.11 is below the 20-day moving average (MA) of 3.14, above the 50-day MA of 3.08, and below the 200-day MA of 3.30, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 48.12 is Neutral, neither overbought nor oversold. The STOCH value of 10.90 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GDC	79 Outperform	C$176.92M	4.57	15.16%	6.41%	49.81%	81.65%
BTB.UN	78 Outperform	C$323.05M	8.26	8.03%	8.20%	3.34%	10.20%
MRD	77 Outperform	$416.15M	16.47	2.04%	3.19%	6.56%	-64.68%
WFC	73 Outperform	C$545.56M	18.41	17.13%	―	33.53%	30.85%
DRM	69 Neutral	C$921.19M	5.37	11.76%	2.98%	13.04%	―
Sector *	59 Neutral	C$1.26B	-0.04	-8.19%	4.99%	10.83%	-22.67%
MRT.UN	59 Neutral	C$375.85M	―	-3.77%	4.16%	0.18%	68.25%

Genesis Land Dev Corporate Events

Leadership Transition at Genesis Land Development Corp.

Genesis Land Development Corp. announced the retirement of Iain Stewart as President and CEO, effective June 30, 2025, with Parveshindera (PS) Sidhu stepping into the role. Stewart, who has been with the company since 2013, led Genesis through significant growth, including tripling home and lot production and achieving record earnings. Sidhu, who has been with Genesis since 2005, has played a crucial role in the company’s expansion and is expected to continue driving growth as the new CEO.

Genesis Land Development Reports Q1 2025 Results and Declares Special Dividend

Genesis Land Development Corp. reported a decline in its Q1 2025 financial results, with revenues dropping to $58.2 million from $68.3 million in Q1 2024, and net earnings decreasing to $6.0 million from $7.0 million. The company sold fewer residential lots and homes compared to the previous year, reflecting current economic uncertainties. Despite these challenges, Genesis declared a special cash dividend of $0.105 per share and continues to execute its growth strategy, supported by a backlog of new home orders and the strength of the Calgary Metropolitan Area market. The company is addressing cost increases and labor shortages, while monitoring potential economic impacts from tariffs between Canada and the United States.

Genesis Land Development Corp. Announces Successful Election of Directors

Genesis Land Development Corp. announced the successful election of its proposed directors at the annual shareholders meeting, with all nominees receiving strong support. This election reinforces the company’s strategic direction and stability, potentially enhancing its position in the real estate market and providing confidence to its stakeholders.