Dream Unlimited Corp (DRM) - Net Assets
Based on the latest financial reports, Dream Unlimited Corp (DRM) has net assets worth CA$1.43 Billion CAD (≈ $1.04 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.92 Billion ≈ $2.84 Billion USD) and total liabilities (CA$2.49 Billion ≈ $1.80 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check DRM asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.43 Billion |
| % of Total Assets | 36.56% |
| Annual Growth Rate | 11.6% |
| 5-Year Change | 6.75% |
| 10-Year Change | 109.17% |
| Growth Volatility | 11.26 |
Dream Unlimited Corp - Net Assets Trend (2012–2024)
This chart illustrates how Dream Unlimited Corp's net assets have evolved over time, based on quarterly financial data. Also explore Dream Unlimited Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Dream Unlimited Corp (2012–2024)
The table below shows the annual net assets of Dream Unlimited Corp from 2012 to 2024. For live valuation and market cap data, see DRM company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.50 Billion ≈ $1.09 Billion |
+6.94% |
| 2023-12-31 | CA$1.40 Billion ≈ $1.02 Billion |
-9.63% |
| 2022-12-31 | CA$1.55 Billion ≈ $1.12 Billion |
+9.24% |
| 2021-12-31 | CA$1.42 Billion ≈ $1.03 Billion |
+1.11% |
| 2020-12-31 | CA$1.41 Billion ≈ $1.02 Billion |
-1.81% |
| 2019-12-31 | CA$1.43 Billion ≈ $1.04 Billion |
+27.96% |
| 2018-12-31 | CA$1.12 Billion ≈ $809.89 Million |
+16.93% |
| 2017-12-31 | CA$957.48 Million ≈ $692.63 Million |
+15.15% |
| 2016-12-31 | CA$831.51 Million ≈ $601.50 Million |
+15.83% |
| 2015-12-31 | CA$717.85 Million ≈ $519.28 Million |
+21.29% |
| 2014-12-31 | CA$591.83 Million ≈ $428.12 Million |
+29.90% |
| 2013-12-31 | CA$455.60 Million ≈ $329.58 Million |
+13.24% |
| 2012-12-31 | CA$402.34 Million ≈ $291.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dream Unlimited Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 317.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.47 Billion | 97.59% |
| Common Stock | CA$957.33 Million | 63.76% |
| Other Comprehensive Income | CA$12.36 Million | 0.82% |
| Total Equity | CA$1.50 Billion | 100.00% |
Dream Unlimited Corp Competitors by Market Cap
The table below lists competitors of Dream Unlimited Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dexterra Group Inc
TO:DXT
|
$541.63 Million |
|
Kforce Inc.
NASDAQ:KFRC
|
$541.69 Million |
|
Bel Fuse A Inc
NASDAQ:BELFA
|
$541.76 Million |
|
Park Aerospace Corp
NYSE:PKE
|
$541.78 Million |
|
Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS
IS:IPEKE
|
$541.41 Million |
|
KOSES Co.Ltd
KQ:089890
|
$541.33 Million |
|
Pareto Bank ASA
OL:PARB
|
$541.07 Million |
|
Weikeng Industrial Co Ltd
TW:3033
|
$540.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dream Unlimited Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,404,059,000 to 1,501,529,000, a change of 97,470,000 (6.9%).
- Net income of 187,858,000 contributed positively to equity growth.
- Dividend payments of 67,307,000 reduced retained earnings.
- Share repurchases of 8,200,000 reduced equity.
- Other comprehensive income decreased equity by 6,586,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$187.86 Million | +12.51% |
| Dividends Paid | CA$67.31 Million | -4.48% |
| Share Repurchases | CA$8.20 Million | -0.55% |
| Other Comprehensive Income | CA$-6.59 Million | -0.44% |
| Other Changes | CA$-8.29 Million | -0.55% |
| Total Change | CA$- | 6.94% |
Book Value vs Market Value Analysis
This analysis compares Dream Unlimited Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.53x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.73x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CA$10.63 | CA$18.42 | x |
| 2013-12-31 | CA$8.06 | CA$18.42 | x |
| 2014-12-31 | CA$10.38 | CA$18.42 | x |
| 2015-12-31 | CA$12.24 | CA$18.42 | x |
| 2016-12-31 | CA$14.71 | CA$18.42 | x |
| 2017-12-31 | CA$17.95 | CA$18.42 | x |
| 2018-12-31 | CA$19.47 | CA$18.42 | x |
| 2019-12-31 | CA$25.72 | CA$18.42 | x |
| 2020-12-31 | CA$28.96 | CA$18.42 | x |
| 2021-12-31 | CA$31.78 | CA$18.42 | x |
| 2022-12-31 | CA$35.33 | CA$18.42 | x |
| 2023-12-31 | CA$32.91 | CA$18.42 | x |
| 2024-12-31 | CA$34.44 | CA$18.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dream Unlimited Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.08%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 2.61x
- Recent ROE (12.51%) is below the historical average (14.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 24.84% | 20.75% | 0.49x | 2.46x | CA$59.70 Million |
| 2013 | 29.34% | 18.30% | 0.46x | 3.46x | CA$61.28 Million |
| 2014 | 12.58% | 13.91% | 0.32x | 2.85x | CA$11.08 Million |
| 2015 | 23.54% | 36.57% | 0.23x | 2.83x | CA$70.11 Million |
| 2016 | 10.94% | 19.88% | 0.21x | 2.61x | CA$5.79 Million |
| 2017 | 8.66% | 22.31% | 0.19x | 2.07x | CA$-12.29 Million |
| 2018 | 17.31% | 56.18% | 0.12x | 2.49x | CA$80.62 Million |
| 2019 | 23.55% | 57.24% | 0.19x | 2.15x | CA$191.15 Million |
| 2020 | 11.44% | 45.80% | 0.12x | 2.04x | CA$20.06 Million |
| 2021 | 7.74% | 33.76% | 0.09x | 2.45x | CA$-32.19 Million |
| 2022 | 10.58% | 47.84% | 0.09x | 2.55x | CA$9.08 Million |
| 2023 | -8.34% | -30.26% | 0.10x | 2.76x | CA$-257.48 Million |
| 2024 | 12.51% | 30.08% | 0.16x | 2.61x | CA$37.71 Million |
Industry Comparison
This section compares Dream Unlimited Corp's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $93,094,168
- Average return on equity (ROE) among peers: -21.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dream Unlimited Corp (DRM) | CA$1.43 Billion | 24.84% | 1.74x | $541.45 Million |
| Genesis Land Development Corp. (GDC) | $199.76 Million | -0.10% | 0.33x | $134.38 Million |
| Kadestone Capital Corp (KDSX) | $6.02 Million | -77.15% | 2.05x | $16.97 Million |
| Melcor Developments Ltd. (MRD) | $73.50 Million | 11.56% | 0.74x | $402.08 Million |
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 … Read more