Genesis Land Dev (GDC) AI Stock Analysis

• Market Cap: C$178.06M
• Dividend Yield: N/A
• Average Volume (3M): 4.45K
• Price to Earnings (P/E): 4.6
• Beta (1Y): 0.27
• Revenue Growth: 49.81%
• EPS Growth: 81.65%
• Country: CA
• Employees: 120
• Sector: Real Estate
• Sector Strength: 62
• Industry: Real Estate - Development
• EPS (TTM): 0.11
• Shares Outstanding: 56,705,418
• 10 Day Avg. Volume: 5,729
• 30 Day Avg. Volume: 4,449
• PEG Ratio: -3.13
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.84
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 80 Outperform
• Price Target: C$3.50 ▲(11.46%Upside)

Genesis Land Dev's strong financial performance and attractive valuation are the most significant factors driving its stock score. The company's robust revenue growth and improved profitability margins showcase its competitive position in the real estate market. The positive corporate events, including leadership transition and board elections, further support its strategic trajectory. However, mixed technical signals and challenges in 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 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 shows strong financial performance with impressive revenue growth and profitability margins. The balance sheet is stable, showing moderate leverage and efficient use of equity. Cash flow is a concern due to challenges in converting income into cash, but effective free cash flow management is noted.

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
	EBIT
61.60M	61.98M	21.05M	7.12M	15.24M	844.00K
	EBITDA
51.07M	63.31M	19.50M	7.29M	15.33M	2.01M
	Net Income Common Stockholders
38.68M	39.60M	14.51M	4.52M	10.88M	-205.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
37.55M	21.41M	37.55M	36.60M	63.98M	29.74M
	Total Assets
441.21M	577.72M	440.08M	364.14M	324.93M	266.49M
	Total Debt
104.30M	134.45M	104.30M	65.90M	33.51M	22.26M
	Net Debt
66.75M	113.03M	66.75M	29.30M	-30.46M	-7.48M
	Total Liabilities
200.07M	290.52M	198.94M	136.80M	88.99M	66.73M
	Stockholders Equity
231.14M	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: Positive
• Last Price: 3.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 3.14 is above the 20-day moving average (MA) of 3.04, above the 50-day MA of 3.01, and below the 200-day MA of 3.37, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 63.32 is Neutral, neither overbought nor oversold. The STOCH value of 65.96 is Neutral, 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	80 Outperform	C$178.06M	4.61	15.16%	―	49.81%	81.65%
BTB.UN	78 Outperform	C$318.65M	8.17	8.03%	8.29%	3.34%	10.20%
DRM	70 Neutral	C$834.45M	4.87	11.76%	3.10%	13.04%	―
WFC	69 Neutral	C$471.46M	17.28	16.17%	―	32.27%	23.95%
Sector *	61 Neutral	$2.83B	10.91	0.42%	8438.90%	5.74%	-20.95%
MRT.UN	59 Neutral	C$374.45M	―	-3.77%	4.15%	0.18%	68.25%
MODVF		$306.51M	17.12	2.04%	3.11%	―	―

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.