Real Matters Inc.
REAL.TO operates in the real estate services sector, providing real estate management and development services, and generates revenue primarily through property management, leasing, and development activities.
Business. REAL.TO is a real estate services company listed on the Toronto Stock Exchange under the ticker REAL.TO. The firm operates within the real estate industry, focusing on real estate services activities. Specific details regarding operating segments, headquarters location, and geographic presence are not provided in the available data. Consequently, the company is described at the industry level without further operational breakdown.
Analyst recommendations
6 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
REAL.TO is a real estate services company listed on the Toronto Stock Exchange under the ticker REAL.TO. The firm operates within the real estate industry, focusing on real estate services activities. Specific details regarding operating segments, headquarters location, and geographic presence are not provided in the available data. Consequently, the company is described at the industry level without further operational breakdown.
The company's capital structure is characterized by a low debt-to-equity ratio of 0.02, indicating a conservative leverage position. It maintains a strong liquidity position with a current ratio of 3.73, supported by $37.93 million in cash and equivalents. However, the company reported negative operating and net income, with operating cash flow of -$7.18 million and free cash flow of -$20.70 million, suggesting operational challenges.
Profitability metrics are underperforming relative to industry norms. The company's return on equity (ROE) is -24.93%, and return on assets (ROA) is -20.31%, both significantly below the typical performance of firms in the real estate services sector. These figures indicate a lack of effective asset utilization and poor capital returns.
Geographically and segment-wise, the company's exposure is not explicitly detailed in the available data. However, the absence of disclosed segment or geographic breakdowns suggests a potential concentration risk, as the company's performance is not diversified across regions or business lines.
The company's growth trajectory is uncertain. With negative operating and net income, and declining cash flows, the company is not currently demonstrating strong growth. Analysts have assigned a mean price target of $7.96, with a median of $8.00, and a mean recommendation of 2.33, indicating a cautious outlook.
Risk factors include liquidity concerns, as the company reported negative operating and free cash flows. While the risk assessment classifies liquidity risk as low, the negative cash flows suggest potential short-term challenges. Dilution risk is also classified as low, with no immediate filing-based flags detected. However, the company's negative net income and cash flow could pressure future capital structure decisions.
Recent events and filings do not indicate any major corporate actions or strategic shifts. The company's financial performance remains a key focus for investors, with analysts maintaining a neutral to cautious stance. No significant events or transcripts have been reported that would suggest a material change in the company's strategic direction.
- REAL.TO has a conservative capital structure with a low debt-to-equity ratio of 0.02 and a strong current ratio of 3.73.
- The company is underperforming in profitability, with ROE and ROA of -24.93% and -20.31%, respectively.
- There is a lack of geographic and segment diversification, which could pose a concentration risk.
- Analysts have a cautious outlook, with a mean price target of $7.96 and a mean recommendation of 2.33.
- Liquidity and dilution risks are currently classified as low, but the company's negative cash flows may require monitoring.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,06 |
| Revenue | —no estimate | —no estimate | 58,7M USD |
| Operating income | —no estimate | —no estimate | 1,7M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- REAL.TO Market data — financials · 2026-05-29
- Real Matters Inc Market data — analyst estimates · 2026-05-29
Ownership & reference
Insider activity
- Director · Common StockOther 14 150 · 2026-07-27
- Director · Common StockOther 14 150 · 2026-07-27
- Director · Common StockOther 14 150 · 2026-07-27
- Director · Common StockOther 14 150 · 2026-07-27
- Director · Common StockOther 14 150 · 2026-07-27
- Director · Common StockOther 14 150 · 2026-07-27
- Director · Common StockOther 1 378 · 2026-06-30
- Director · Common StockOther 742 · 2026-06-30
- Chief Accounting Officer · Common StockSold 8 640 @ $9,25$80K · 2026-05-21
- Chief Financial Officer · Common StockSold 22 678 @ $9,25$210K · 2026-05-21
- Chief Financial Officer · Common StockSold 7 758 @ $9,25$72K · 2026-05-21
- Chief Financial Officer · Common StockSold 4 587 @ $9,25$42K · 2026-05-21
- Chief Accounting Officer · Common StockSold 2 084 @ $9,25$19K · 2026-05-21
- Chief Accounting Officer · Common StockSold 1 353 @ $9,25$13K · 2026-05-21
- Chief Legal Officer and Secret · Common StockSold 10 762 @ $9,25$100K · 2026-05-21
- Chief Legal Officer and Secret · Common StockSold 4 142 @ $9,25$38K · 2026-05-21
- Chief Legal Officer and Secret · Common StockSold 2 449 @ $9,25$23K · 2026-05-21
- Chief Product & Tech Officer · Common StockSold 8 159 @ $9,25$75K · 2026-05-21
- Chief Product & Tech Officer · Common StockSold 8 202 @ $9,25$76K · 2026-05-21
- Chief Product & Tech Officer · Common StockSold 2 405 @ $9,25$22K · 2026-05-21
- Chief Product & Tech Officer · Common StockSold 2 417 @ $9,25$22K · 2026-05-21
- Chief Executive Officer · Common StockSold 19 438 @ $9,25$180K · 2026-05-21
- Chief Executive Officer · Common StockSold 53 994 @ $9,25$499K · 2026-05-21
- Chief Executive Officer · Common StockSold 7 762 @ $9,25$72K · 2026-05-21
- Chief Accounting Officer · Common StockOther 31 310 · 2026-04-13
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Gross margin (FY 2025-12-31): 74.6%Derived (calculated)
- Return on assets (FY 2025-12-31): 10,219.0%Derived (calculated)
- Current ratio (FY 2025-12-31): 0.86xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): -1.98xDerived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 71.0%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -0.7%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -3.3%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -2.0%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 15.4%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 57.6%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 37.9%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -68.9%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): 15.5%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 43.5%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -12.2%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 15.1%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 30.9%Derived (calculated)
- Net margin (FY 2025-12-31): 6,033.0%Derived (calculated)
- Return on equity (FY 2025-12-31): -10,059.5%Derived (calculated)
- Operating income (annual): USD -23.93MSEC XBRL filing
- Current assets (annual): USD 227.49MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -0SEC XBRL filing
- Capex (annual): USD 18.64MSEC XBRL filing
- Net income (annual): USD 41.8BSEC XBRL filing