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Imperial Equities Inc (TSE:IEI)
:IEI
Canadian Market
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Imperial Equities (IEI) AI Stock Analysis

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TSE:IEI

Imperial Equities

(IEI)

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Neutral 65 (OpenAI - Gpt-5.6Sol)
Rating:65Neutral
Price Target:
C$5.00
▲(6.84% Upside)
Action:Reiterated
Date:08/24/26
The score is driven primarily by stable-but-not-robust financial performance: strong margins and cash conversion are offset by declining revenue, volatile earnings, and meaningful leverage. Technicals are constructive with the price above major moving averages and positive MACD, while valuation is supported by a low P/E and moderate dividend yield. Corporate actions add a modest positive tilt due to the dividend increase and acquisition.
Positive Factors
Strong profitability and cash conversion
High margins indicate the business can retain a meaningful share of revenue as profit, while free cash flow tracking net income supports earnings quality. Together, these characteristics provide internal funding capacity and a durable base for operations when revenue conditions stabilize.
Negative Factors
Sharp revenue contraction
A substantial decline in revenue weakens operating scale and can make fixed costs harder to absorb, even when margins remain high. Continued top-line contraction would reduce the platform for future earnings growth and could undermine the durability of current profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong profitability and cash conversion
High margins indicate the business can retain a meaningful share of revenue as profit, while free cash flow tracking net income supports earnings quality. Together, these characteristics provide internal funding capacity and a durable base for operations when revenue conditions stabilize.
Read all positive factors

Imperial Equities (IEI) vs. iShares MSCI Canada ETF (EWC)

Imperial Equities Business Overview & Revenue Model

Company Description
Imperial Equities Inc. is a Canadian company primarily engaged in real estate ventures, encompassing the acquisition, development, renovation, leasing, and sale of commercial, industrial, and agricultural properties. Its operations are concentrate...

Imperial Equities Financial Statement Overview

Summary
High TTM profitability and strong cash conversion support the score, but it is held back by a sharp TTM revenue decline, earnings volatility (including a loss year), and meaningful leverage with low operating cash flow coverage versus debt.
Income Statement
63
Positive
Balance Sheet
56
Neutral
Cash Flow
60
Neutral
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue19.73M19.92M19.52M19.74M19.07M18.11M
Gross Profit12.09M12.86M13.03M13.63M13.46M13.14M
EBITDA12.01M11.47M3.13M12.14M14.24M13.02M
Net Income3.97M4.87M-4.26M6.81M7.85M6.84M
Balance Sheet
Total Assets239.45M240.55M242.43M264.03M257.18M249.49M
Cash, Cash Equivalents and Short-Term Investments259.37K270.12K306.02K424.45K233.00K196.11K
Total Debt107.36M109.95M115.45M128.18M127.49M129.58M
Total Liabilities126.14M129.03M135.26M152.11M151.30M150.81M
Stockholders Equity113.32M111.52M107.16M111.93M105.87M98.68M
Cash Flow
Free Cash Flow6.39M5.39M9.84M11.24M11.21M10.45M
Operating Cash Flow6.39M5.39M9.84M11.24M11.21M10.45M
Investing Cash Flow-1.04M899.83K3.45M-6.53M-3.01M-8.00M
Financing Cash Flow-5.50M-6.33M-13.41M-4.52M-8.16M-2.38M

Imperial Equities Technical Analysis

Technical Analysis Sentiment
Positive
Last Price4.68
Price Trends
50DMA
4.60
Positive
100DMA
4.22
Positive
200DMA
3.90
Positive
Market Momentum
MACD
0.05
Positive
RSI
59.62
Neutral
STOCH
68.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IEI, the sentiment is Positive. The current price of 4.68 is below the 20-day moving average (MA) of 4.72, above the 50-day MA of 4.60, and above the 200-day MA of 3.90, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 59.62 is Neutral, neither overbought nor oversold. The STOCH value of 68.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:IEI.

Imperial Equities Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
C$23.96M22.003.27%3.02%3.83%-64.00%
65
Neutral
C$45.37M8.843.54%2.08%-0.76%-20.95%
60
Neutral
C$112.00M8.178.51%-15.23%0.74%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
46
Neutral
C$31.11M13.12-2.50%41.16%-6.17%
42
Neutral
C$83.24M-1.71-40.58%23.12%-92.36%80.14%
42
Neutral
C$7.25M-1.62-101.91%0.89%33.06%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:IEI
Imperial Equities
4.80
1.02
27.05%
TSE:BEK.B
Becker Milk Cl B NV
13.25
0.58
4.54%
TSE:PKT
Parkit Enterprise
8.12
-0.58
-6.72%
TSE:BRE
Bridgemarq Real Estate Services
3.28
-10.65
-76.45%
TSE:IVQ
Invesque
0.10
-0.02
-16.67%
TSE:TRBE
Tribe Property Technologies
0.15
-0.18
-54.69%

Imperial Equities Corporate Events

Business Operations and StrategyExecutive/Board Changes
Imperial Equities Grants Stock Options to Director and Officer
Positive
Aug 19, 2026
Imperial Equities Inc. has granted stock options to a director and officer, allowing the purchase of 200,000 common shares at an exercise price of $4.75 per share under its stock option plan. The options vest immediately and carry a five-year term...
Business Operations and StrategyDividends
Imperial Equities Boosts Annual Dividend by 50%
Positive
Aug 19, 2026
Imperial Equities has announced a 50% increase to its annual dividend, lifting the payout from $0.08 to $0.12 per share starting with the first-quarter 2027 dividend scheduled for payment in February 2027. The company will maintain its Q4 2026 div...
Business Operations and StrategyM&A Transactions
Imperial Equities Buys Wajax Industrial Hub in Grande Prairie for $10.95 Million
Positive
Aug 5, 2026
Imperial Equities Inc. has acquired the Wajax building in Grande Prairie, Alberta, for $10.95 million, closing the transaction on July 31, 2026. The asset consists of a 40,411-square-foot industrial warehouse on a 4.55-acre site, occupied by Wajax...
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.Date of analysis: Aug 24, 2026