Global Education Communities (TSE:GEC)
TSX:GEC
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Global Education Communities
(TSX:GEC)
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Rating:41Neutral
Price Target:
C$0.32
▼(-5.88% Downside)
Action:UpgradedDate: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 business model
The company operates two durable revenue streams—student housing rentals and post-secondary tuition/services—providing structural diversification. Rental cash flows and recurring tuition revenue reduce single-segment exposure and support more stable revenue profiles over the medium term.
Negative Factors
Very high leverage
Extremely elevated debt ratios materially weaken financial flexibility and increase refinancing and interest-rate vulnerability. High leverage constrains strategic options, amplifies downside during revenue stress, and raises the probability of financing distress absent sustained cash-flow improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified business model
The company operates two durable revenue streams—student housing rentals and post-secondary tuition/services—providing structural diversification. Rental cash flows and recurring tuition revenue reduce single-segment exposure and support more stable revenue profiles over the medium term.
Read all positive factors
Global Education Communities (GEC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$22.92M
Dividend YieldN/A
Average Volume (3M)34.77K
Price to Earnings (P/E)―
Beta (1Y)1.06
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees124
SectorConsumer Defensive
Sector Strength42
IndustryEducation & Training Services
Share Statistics
EPS (TTM)0.00
Shares Outstanding68,420,540
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$1.06Price Target Upside210.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.04
Revenue Forecast (FY)C$30.98M
Global Education Communities Business Overview & Revenue Model
Company Description
Global Education Communities Corp., together with its subsidiaries, operates as an education and student housing investment company in Canada and internationally. It engages in education and real estate development businesses. The company offers E...
How the Company Makes Money
GEC generates revenue primarily from (1) real estate operations tied to student accommodations and (2) education operations through post-secondary institutions and student services. Real estate-related revenue is earned through rental income from ...
Global Education Communities Financial Statement Overview
Summary
Income Statement
36
Negative
Balance Sheet
24
Negative
Cash Flow
20
Very Negative
| Breakdown | Nov 2025 | Aug 2024 | Nov 2023 | Nov 2022 | Aug 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 29.04M | 35.23M | 78.60M | 73.23M | 60.87M |
| Gross Profit | 17.19M | 19.95M | 43.55M | 41.96M | 35.20M |
| EBITDA | -24.20M | -14.63M | 16.56M | -44.29M | 19.92M |
| Net Income | 22.14M | 1.09M | -3.91M | -55.77M | 4.70M |
Balance Sheet | |||||
| Total Assets | 377.36M | 475.21M | 497.68M | 477.73M | 519.04M |
| Cash, Cash Equivalents and Short-Term Investments | 3.30M | 2.13M | 3.39M | 9.72M | 18.34M |
| Total Debt | 205.65M | 287.30M | 282.40M | 265.56M | 260.43M |
| Total Liabilities | 232.61M | 333.28M | 334.55M | 315.70M | 315.46M |
| Stockholders Equity | 47.96M | 25.21M | 23.99M | 27.87M | 50.80M |
Cash Flow | |||||
| Free Cash Flow | -1.29M | -5.70M | 1.74M | 2.73M | 13.83M |
| Operating Cash Flow | -1.27M | -5.58M | 2.21M | 6.75M | 17.11M |
| Investing Cash Flow | 19.78M | -20.91M | -18.66M | -27.74M | -68.72M |
| Financing Cash Flow | -17.34M | 25.22M | 10.12M | 12.40M | 46.95M |
Global Education Communities Peers Comparison
UnderperformOutperform
Sector (62)
TSE:GEC
Global Education Communities
0.34
0.14
67.50%
TSE:CHN.H
China Education Resources
0.02
0.00
0.00%
Global Education Communities Corporate Events
Business Operations and StrategyM&A Transactions
GECC Completes Education Asset Selloff to Focus on $674 Million Student Housing Pipeline
Positive
Mar 5, 2026
Global Education Communities Corp. has completed the sale of its remaining Canadian educational assets, cementing its transition into a pure-play student housing developer and operator with a project pipeline of about $674 million and eight operat...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
GECC Shareholders Re-Elect Full Board Slate With Overwhelming Support
Positive
Feb 28, 2026
Global Education Communities Corp. reported that all director nominees were elected at its annual general meeting, with each candidate receiving overwhelming shareholder support and approval rates near or at 100 percent. The strong endorsement of ...
Business Operations and Strategy
GECC Wins Approval for 26-Storey Transit-Oriented GEC Langara Tower
Positive
Jan 15, 2026
Global Education Communities has secured City of Vancouver approval to rezone its GEC Langara site from a single-house residential lot to a 26-storey rental apartment tower, allowing a maximum buildable area of 163,000 square feet—159% more ...
Business Operations and StrategyFinancial DisclosuresM&A TransactionsPrivate Placements and Financing
GECC Posts Strong Turnaround as It Doubles Down on Student Housing Expansion
Positive
Jan 15, 2026
Global Education Communities Corp. reported modest revenue growth to $7.6 million in its first quarter ended November 30, 2025, alongside a sharp improvement in profitability metrics, with net income from continuing operations turning positive and...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
GECC Posts Strong Q1 Turnaround as It Doubles Down on Student Housing
Positive
Jan 14, 2026
Global Education Communities Corp. reported modest revenue growth for the first quarter of fiscal 2026, with total revenues rising 2% year-on-year to $7.6 million and a swing to $0.7 million in net income from continuing operations, aided by marke...
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.