TSX · Real Estate - Development · CAD

Dream Unlimited Corp. (DRM.TO) Stock Analysis

Dream Unlimited Corp. (DRM.TO) is a Real Estate - Development stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

DRM.TO

CA$17.55

−CA$0.14 (−0.79%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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DRM.TO Key Statistics

As of Oct 21, 2026

Trading

Open: CA$17.95
Previous Close: CA$17.69
Day's Range: 17.13–17.98
52-Week Range: 16.02–22.66
Volume: 78.79K
Beta: 1.70

Valuation

Market Cap: CA$736.10M
P/E Ratio: 83.57
Forward P/E: 10.99
P/S ratio: 1.57
EPS (ttm): 0.21

Financials (FY)

Revenue (FY): CA$462.95M−25.87%
Net Income (FY): −CA$18.64M−109.92%
Profit margin: 1.87%
Shares Outstanding: 40.39M
1-Year Return: −3.73%

Dividend and dates

Dividend: CA$0.70+3.96%
Ex-Dividend Date: September 15, 2026
Earnings Date: November 10, 2026
Avg Volume: 39.10K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, DRM.TO closed at CA$17.55, −3.73% over 1 year.

Dream Unlimited Corp. (DRM.TO) has a market capitalization of CA$736.10M.

In fiscal 2025, DRM.TO reported revenue of CA$462.95M.

DRM.TO Stock Return by Calendar Year

Dream Unlimited Corp. (DRM.TO) 10-year return: what CA$10,000 became

1 year: CA$10,000 CA$9,627; −3.73%
5 years: CA$10,000 CA$6,899; −31.01%
10 years: CA$10,000 CA$14,937; +49.37%

If you had invested CA$10,000 in Dream Unlimited Corp. (DRM.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$14,937 at the close on October 21, 2026: +49.37% in total, +4.09% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+84.79%−32.49%−7.45%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−7.45%
2025	−9.73%
2024	+4.66%
2023	−8.84%
2022	−32.49%
2021	+84.79%
2020	−8.13%
2019	+73.08%
2018	−11.86%
2017	+14.79%
2016 (partial year)	−16.65%

As of October 21, 2026.

DRM.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$462.95M	−CA$18.64M	−4.0%
2024	CA$624.51M	CA$187.86M	30.1%
2023	CA$386.95M	−CA$117.08M	−30.3%
2022	CA$343.77M	CA$164.45M	47.8%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$462.95M	CA$186.10M	CA$123.47M	−CA$18.64M	−4.0%
2024	CA$624.51M	CA$201.66M	CA$135.30M	CA$187.86M	30.1%
2023	CA$386.95M	CA$125.20M	CA$54.72M	−CA$117.08M	−30.3%
2022	CA$343.77M	CA$113.61M	CA$45.57M	CA$164.45M	47.8%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

DRM.TO Dividend History

’19’20’21’22’23’24’25’26*

CA$0.65−59.3% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	CA$0.53	3	—
2025	CA$0.65	4	−59.3%
2024	CA$1.60	4	+220.0%
2023	CA$0.50	4	−44.4%

Year	Dividends per share	Payments	Change
2026 (partial year)	CA$0.53	3	—
2025	CA$0.65	4	−59.3%
2024	CA$1.60	4	+220.0%
2023	CA$0.50	4	−44.4%
2022	CA$0.90	4	+190.3%
2021	CA$0.31	4	+29.2%
2020	CA$0.24	4	+20.0%
2019	CA$0.20	4	—

Most recent payment: CA$0.18 per share, ex-dividend September 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

DRM.TO Valuation vs Real Estate - Development Median

Median of 16 stocks

Metric	DRM.TO	Real Estate - Development median	vs median
P/E	83.57	7.57	11.0x the median
P/S ratio	1.57	1.55	1% above
Profit margin	1.87%	3.41%	1.5 pts below

Medians across 16 Real Estate - Development stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

Dream Unlimited Corp. (DRM.TO) carries a market capitalisation of CA$736.10M. The company sits in the Real Estate sector, in the Real Estate - Development industry.

The 52-week range on file runs from CA$16.02 to CA$22.66. DRM.TO last closed at CA$17.55 on October 21, 2026. That is −CA$0.14 (−0.79%) against the previous close. The latest close sits 9.55% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$462.95M. Against the prior fiscal year total of CA$624.51M, that is a change of −25.87%. The same year closed with a net loss of CA$18.64M. The reported profit margin is 1.87%. That is 1.5 percentage points below the Real Estate - Development median of 3.41%. Earnings per share on a trailing basis come to 0.21.

Across the 4 fiscal years on file, revenue moves from CA$343.77M in 2022 to CA$462.95M in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 83.57. That is 11 times the Real Estate - Development median of 7.57. On forward earnings the ratio is 10.99. Measured against sales, the shares trade at 1.57 times revenue. On price-to-sales that is 1.1% above the Real Estate - Development median of 1.55. The medians here are taken across 16 Real Estate - Development companies that report the metric.

The reported beta is 1.7. Annualized volatility over the trailing 10 years is 30.62%. The trailing one-year total return is −3.73%. Across 10 years the annualized return works out at +4.09%.

Growth & Income

Shareholders receive a dividend, yielding 3.96% on the latest price. That is 0.4 percentage points above the Real Estate - Development median yield of 3.58%. At the indicated rate that is CA$0.70 a share a year. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 8 calendar years; 2026 shows 3 payments totalling CA$0.53 a share. The year before, 2025, totalled CA$0.65 a share.

So far in 2026 the total return is −7.45%. The strongest complete calendar year on file is 2021 at +84.79%; the weakest is 2022 at −32.49%. Of the 9 complete calendar years on file, 4 finished higher.

Peer Comparison

Dream Unlimited Corp. (DRM.TO) operates in the Real Estate - Development industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Dream Unlimited Corp.	DRM.TO	CA$736.10M	83.6
Howard Hughes Holdings Inc.	HHH	$4.10B	13.9
Century Communities, Inc.	CCS	$1.58B	12.2
Forestar Group Inc.	FOR	$1.29B	7.6

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Real Estate - Development industry average P/E ratio is 7.6x. Dream Unlimited Corp. trades at a P/E of 83.6.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Dream Unlimited Corp.

Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe. The firm also seeks to invest in renewable energy infrastructure and power projects with a focus on wind, hydro, and solar in North American. Dream Unlimited Corp. was founded in 1996 and is based in Toronto, Canada.

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