Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
RS.TO
SELLREMOVEReal Estate Split Corp. · Financial Services · Canada · $85M · Avg Vol: $197K/d
Real Estate Split Corp is a structured financial product designed for yield. It does not represent an investment in an operating compounder and has no place in a high-conviction global equity portfolio.
COMPANY DESCRIPTION
Real Estate Split Corp. is a mutual fund corporation that invests in a diversified portfolio of high-yielding real estate investment trusts (REITs) and real estate issuers in Canada. The fund's competitive moat is its structured split-share design, which provides Class A shareholders with leveraged capital growth and high monthly distributions, while offering Preferred shareholders stable, low-risk income. It operates as a specialized capital markets vehicle designed to optimize yield from the defensive Canadian real estate sector.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 2M | 4M | 4M | 6M | 37.8% |
| EPS | — | — | -0.64 | — | — |
| Shares | 5M | 7M | 11M | 12M | +123.6% |
| Debt | 362,135 | 51M | 86M | 88M | 524.4% |
| Equity | 48M | 58M | 82M | 79M | 17.9% |
| Op CF | -42M | -19M | -58M | 5M | — |
| Inv CF | — | — | — | — | — |
| Fin CF | 43M | 18M | 64M | -9M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of RS.TO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| RS.TO | Real Estate Split Corp.(you) | $85M | 27 | SELL |
| VST.CN | Victory Square Technologies Inc. | $54M | 27 | SELL |
| GDV.TO | Global Dividend Growth Split Corp. | $163M | 30 | SELL |
| DS.TO | Dividend Select 15 Corp. | $38M | 27 | SELL |
| DF.TO | Dividend 15 Split Corp. II | $160M | 40 | HOLD |
| CTH.V | CoTec Holdings Corp. | $126M | 3 | STRONG SELL |
| NFD-A.V | Northfield Capital Corporation | $103M | 58 | HOLD |
| PXI.CN | Planet Ventures Inc. | $36M | 48 | HOLD |
| WED.V | The Westaim Corporation | $569M | 25 | SELL |
| OLY.TO | Olympia Financial Group Inc. | $185M | 70 | BUY |
Peer medians: ROE 12.0% · P/E 14.2x · Gross margin 50.3%