Added to YB: 2026-02-11
Pitch date: 2025-11-19
REAL.TO [bullish]
Real Matters Inc.
+0.82%
current return
Author Info
No bio for this author
Company Info
Real Matters Inc. provides residential real estate appraisal and title services in Canada and the United States.
Market Cap
CAD 381.5M
Pitch Price
CAD 6.09
Price Target
14.00 (+128%)
Dividend
N/A
EV/EBITDA
-104.83
P/E
-13.18
EV/Sales
1.93
Sector
Real Estate Management and Development
Category
turnaround
Real Matters Inc. - $REAL.TO
REAL.TO: Mortgage appraisal/title services co trading at C$6, price target C$14. Business devastated by rate hikes destroying refinance volumes (65% of FY20 revenue). Now 'coiled spring' with pristine balance sheet, lean costs, gaining share. Fed cutting rates, 12M homeowners have >6% mortgages ready to refi. At low-end Target Operating Model (~$70M EBITDA), 10x multiple = C$14 (~133% upside).
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