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Global Education Communities
(TSX:GEC)
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Rating:41Neutral
Price Target:
C$0.26
▼(-20.91% Downside)
Action:Upgraded
Date:03/24/26
The score is primarily weighed down by weak financial performance—high leverage and recent negative operating/free cash flow alongside declining revenue and negative EBIT margins. Technicals add modest pressure with the price below key moving averages and a negative MACD. Valuation provides limited support due to a negative P/E and no dividend yield data.
Positive Factors
Diversified education + student-housing model
GEC generates revenue from two structural streams: student housing/residence operations and education-related services. This dual model creates recurring rent-based cash flows tied to campus proximity plus tuition/service fees, providing diversification and demand linkage that can sustain revenue stability as enrollment trends normalize.
Negative Factors
Very high leverage
Extremely high gearing materially reduces financial flexibility and raises refinancing and covenant risk. With debt several times equity, the firm is exposed to interest-rate moves, weaker occupancy, or revenue shocks; servicing obligations constrain cash available for operations and investments, increasing likelihood of asset sales or dilution if conditions persist.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified education + student-housing model
GEC generates revenue from two structural streams: student housing/residence operations and education-related services. This dual model creates recurring rent-based cash flows tied to campus proximity plus tuition/service fees, providing diversification and demand linkage that can sustain revenue stability as enrollment trends normalize.
Read all positive factors
Global Education Communities (GEC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$17.52M
Dividend YieldN/A
Average Volume (3M)34.77K
Price to Earnings (P/E)0.7
Beta (1Y)0.82
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees124
SectorConsumer Defensive
Sector Strength42
IndustryEducation & Training Services
Share Statistics
EPS (TTM)0.38
Shares Outstanding68,698,320
10 Day Avg. Volume84,128
30 Day Avg. Volume34,770
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.56
Price to Sales (P/S)0.93
P/FCF Ratio-20.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.83Price Target Upside150.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.03
Revenue Forecast (FY)C$21.96M
Global Education Communities Business Overview & Revenue Model
Company Description
Global Education Communities Corp. (GEC.TO) is a Canadian entity engaged in both education and student accommodation, with its operations spanning across Canada and other international markets. Its business model centers on investing in and develo...
How the Company Makes Money
GEC primarily makes money through (1) student housing/residence operations and (2) education-related business activities. (1) Student housing/residence operations: GEC earns rental and residence fees from students and other tenants for accommodati...
Global Education Communities Financial Statement Overview
Summary
Income Statement
36
Negative
Balance Sheet
24
Negative
Cash Flow
20
Very Negative
| Breakdown | TTM | Nov 2025 | Aug 2024 | Nov 2023 | Nov 2022 | Aug 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.17M | 29.04M | 35.23M | 78.60M | 73.23M | 60.87M |
| Gross Profit | 5.03M | 17.19M | 19.95M | 43.55M | 41.96M | 35.20M |
| EBITDA | -20.40M | -24.20M | -14.63M | 16.56M | -44.29M | 19.92M |
| Net Income | 25.13M | 22.14M | 1.09M | -3.91M | -55.77M | 4.70M |
Balance Sheet | ||||||
| Total Assets | 376.15M | 377.36M | 475.21M | 497.68M | 477.73M | 519.04M |
| Cash, Cash Equivalents and Short-Term Investments | 1.38M | 3.30M | 2.13M | 3.39M | 9.72M | 18.34M |
| Total Debt | 203.12M | 205.65M | 287.30M | 282.40M | 265.56M | 260.43M |
| Total Liabilities | 227.36M | 232.61M | 333.28M | 334.55M | 315.70M | 315.46M |
| Stockholders Equity | 49.31M | 47.96M | 25.21M | 23.99M | 27.87M | 50.80M |
Cash Flow | ||||||
| Free Cash Flow | 2.15M | -1.29M | -5.70M | 1.74M | 2.73M | 13.83M |
| Operating Cash Flow | -1.10M | -1.27M | -5.58M | 2.21M | 6.75M | 17.11M |
| Investing Cash Flow | 18.33M | 19.78M | -20.91M | -18.66M | -27.74M | -68.72M |
| Financing Cash Flow | -16.95M | -17.34M | 25.22M | 10.12M | 12.40M | 46.95M |
Global Education Communities Peers Comparison
UnderperformOutperform
Sector (62)
TSE:GEC
Global Education Communities
0.27
-0.11
-29.87%
TSE:CHN.H
China Education Resources
0.02
0.00
0.00%
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.