Explore 3 Stock Ideas & Industry Insights Download Free Report

Genesis Land Development Corp.

Company price
3.3 CAD -0.07 ( 2.08%)
Last update at 2026-11-03T14:30:00Z
VOLUME
530
Market Cap
190.27M
P/E
4.90

Momentum Score

…

Genesis Land Development Corp., an integrated land developer and residential home builder, owns and develops residential lands and serviced lots in the Calgary Metropolitan Area, Canada. It operates through Land Development and Home Building segments. The Land Development segment acquires, plans, rezones, subdivides, services, and sells residential lots and commercial and industrial lands to third-party developers and builders; and sells lots and completed homes. Its Home Building segment plans, develops, and sells single-family lots and townhomes, multi-family, and commercial parcels. 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 based in Calgary, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
3.30
Low
3.30
High
52 Week Price Range
2.82
Low
3.71
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Genesis Land Development Corp. appears to be a Canada-listed company focused on land acquisition and development, though public disclosures are limited. Long-term growth may be supported by sustained housing demand, regional population trends and successful entitlement or subdivision of land parcels, which could support value creation if management executes effectively. Investors may find exposure to land development appealing where land supply is constrained and urban expansion continues.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
3.37
Dividend Yield
-
Revenue TTM
381.16M
Revenue Per Share
6.72
Gross Profit TTM
101.46M
Debt / Equity
0.46
ROE
13.66%
Net Debt
119.67M
ROCE
11.14%
Diluted EPS TTM
0.69

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 54.52M 55.85M 18.23M 6.02M 14.36M
Minority interest -2.74M -4.20M 0.45M 0.13M -0.10M
Net income 39.24M 39.60M 14.51M 4.52M 10.88M
Selling general administrative 26.35M 23.36M 18.10M 14.79M 12.03M
Selling and marketing expenses 14.71M 13.51M 8.48M 5.82M 5.14M
Gross profit 100.99M 96.52M 46.53M 27.16M 31.84M
Ebit 62.88M 59.65M 21.05M 7.12M 15.24M
Ebitda 63.36M 60.13M 19.50M 6.73M 14.76M
Depreciation and amortization 0.48M 0.48M -1.56M -0.39M -0.47M
Operating income 60.41M 61.98M 21.05M 7.12M 15.24M
Other operating expenses 320.75M 299.08M 182.26M 133.80M 95.09M
Interest expense 8.36M 7.46M 3.99M 1.27M 0.97M
Tax provision 12.54M 12.05M 4.16M 1.63M 3.38M
Interest income 1.04M 5.69M 1.54M 0.76M 0.63M
Net interest income -7.32M -6.13M -2.83M -1.10M -0.88M
Income tax expense 12.54M 12.05M 4.16M 1.63M 3.38M
Total revenue 381.16M 361.06M 203.31M 140.36M 109.76M
Total operating expenses 40.58M 34.54M 25.48M 20.60M 17.17M
Cost of revenue 280.17M 264.54M 156.78M 113.20M 77.92M
Total other income expense net -5.89M -6.13M -2.83M -1.10M -0.88M
Net income from continuing ops 41.98M 43.79M 14.06M 4.39M 10.98M
Net income applicable to common shares - 39.60M 14.51M 4.52M 10.88M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 629.91M 577.72M 441.21M 364.14M 324.93M
Intangible assets - - 337.61M - -
Other current assets - - -67.68M 7.97M 6.58M
Total liab 302.55M 290.52M 200.07M 136.80M 88.99M
Total stockholder equity 298.49M 266.48M 231.14M 224.63M 228.62M
Other current liab -106.70M - -25.21M 0.70M 2.09M
Common stock 82.05M - 82.29M 82.38M 82.38M
Capital stock 82.05M 82.26M 82.29M 82.38M 82.38M
Retained earnings 215.37M 183.15M 147.79M 141.19M 145.20M
Other liab - - - 55.70M 36.11M
Good will - - 8.61M - -
Other assets - - 1.13M 16.10M 13.07M
Cash 17.51M 21.41M 37.55M 36.60M 63.98M
Cash and equivalents - - - 36.60M 63.98M
Total current liabilities 65.26M 131.82M 74.07M 46.87M 37.50M
Current deferred revenue 9.23M - 17.47M 15.75M 9.00M
Net debt 119.67M 112.08M 66.75M 29.30M -30.46M
Short term debt 65.26M - 26.92M 0.00M 0.00M
Short long term debt 84.76M 11.98M 26.39M - -
Short long term debt total 137.18M - 104.30M 65.90M 33.51M
Other stockholder equity 1.06M - -387.86M 1.06M 1.04M
Property plant equipment - - - 2.15M 2.14M
Total current assets 112.57M 89.73M 70.28M 66.73M 84.19M
Long term investments 28.44M 30.58M 10.74M 10.32M 6.17M
Net tangible assets - - - 224.63M 228.62M
Net receivables 95.06M 64.38M 30.13M 22.16M 13.63M
Long term debt 51.68M 121.51M 103.59M 65.06M 32.67M
Inventory - - 342.79M 265.68M 218.85M
Accounts payable 97.47M 90.17M 54.90M 30.41M 26.41M
Accumulated other comprehensive income - - 241.14M - -
Non currrent assets other 11.40M - 9.36M 265.68M 218.85M
Non current assets total 517.34M 487.99M 369.81M 297.41M 240.74M
Capital lease obligations 0.73M 0.95M 0.71M 0.84M 0.84M
Long term debt total - - - 65.90M 33.51M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -14.06M 1.34M -2.10M -0.26M
Change to liabilities - - - 0.00M 0.00M
Total cashflows from investing activities -1.58M -14.06M 1.34M -2.10M -0.89M
Net borrowings -3.11M -13.04M 23.44M 32.45M 11.79M
Total cash from financing activities -20.06M -29.63M 7.41M 18.48M 32.73M
Net income 39.24M 39.60M 14.51M 4.52M 10.88M
Change in cash -3.90M -16.13M 0.95M -27.38M 34.23M
Begin period cash flow 21.41M 37.55M 36.60M 63.98M 29.74M
End period cash flow 17.51M 21.41M 37.55M 36.60M 63.98M
Total cash from operating activities 17.74M 27.55M -7.80M 4.52M 2.39M
Issuance of capital stock - - - 0.00M 29.89M
Depreciation 0.48M 0.48M 0.25M 0.28M 0.21M
Other cashflows from investing activities - 3.59M 1.97M -1.50M 0.25M
Dividends paid 16.49M -11.07M -9.66M 8.53M 6.28M
Sale purchase of stock -0.47M -0.05M -0.14M 0.00M 29.89M
Other cashflows from financing activities - -5.46M -6.23M 78.71M 58.84M
Change to netincome - - - -48.55M -8.70M
Capital expenditures 1.58M 1.48M 0.66M 0.61M 0.88M
Change in working capital - 37.59M 27.37M 16.81M 9.70M
Stock based compensation - 2.19M 1.08M - -
Other non cash items -21.98M -14.71M -23.64M -4.52M -10.88M
Free cash flow 16.16M 26.07M -8.46M 3.91M -0.88M

Peer Comparison*

Sector: Real Estate Industry: Real Estate - Development

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
GDC
Genesis Land Development Corp.
-0.07
2.08%
3.30 4.90 24.04 0.51 0.64 0.82 4.99
DRM
Dream Unlimited Corp
0.10
0.57%
17.51 - 11.72 1.77 0.56 5.79 38.37
MRD
Melcor Developments Ltd.
-0.03
0.16%
18.83 9.74 5.59 1.36 0.44 2.52 7.90

Profile*

Genesis Land Development Corp.

Genesis Land Development Corp., an integrated land developer and residential home builder, owns and develops residential lands and serviced lots in the Calgary Metropolitan Area, Canada. It operates through Land Development and Home Building segments. The Land Development segment acquires, plans, rezones, subdivides, services, and sells residential lots and commercial and industrial lands to third-party developers and builders; and sells lots and completed homes. Its Home Building segment plans, develops, and sells single-family lots and townhomes, multi-family, and commercial parcels. 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 based in Calgary, Canada.

6240, 333 - 96 Ave. NE, Calgary, AB, Canada, T3K 0S3

403-265-8079

137

Name Title Year Born
Mr. Stephen J. Griggs B.A., J.D. Exec. Chairman 1960
Mr. Iain Stewart B.Com., B.Comm., C.A., CPA Pres, CEO & Director 1961
Mr. Wayne King C.A., CPA Chief Financial Officer NA
Mr. Parveshindera Sidhu M.B.A., MBA Sr. VP of Home Building NA
Mr. Brian Whitwell B. Comm, B.Com. Sr. Vice-Pres of Asset Management NA
Mr. Arnie Stefaniuk P.Eng., P. Eng. Vice-Pres of Land Devel. NA
Erica Frey Sec. of the Board NA
Mr. Stephen J. Griggs B.A., J.D. Executive Chairman 1960
Mr. Iain Stewart B.Com., B.Comm., C.A., CPA CEO & Director 1961
Mr. Parveshindera Sidhu M.B.A. President & COO NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…