# Dominion Lending Centres Inc. (DLCG.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Financial Services / Mortgage Finance. Price C$8.39, market value C$647 million.

## Valuation
- **P/E (trailing): 30.0×** (5-yr avg 21.5×, 3-yr avg 31.6×). Dominion Lending Centres Inc. trades at 30.0× trailing earnings, well above its own five-year average of 21.5×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 12.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.11**. A PEG of 0.11 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 6.6×**. Each dollar of revenue is priced at 6.6×.
- **Price / book: 4.7×**. The shares trade at 4.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 15.6×**. Enterprise value is 15.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 3.0%** (5-yr avg 5.5%). Free cash flow equals 3.0% of the market value, below its five-year average of 5.5%, so the shares are pricier on cash than usual.
- **Earnings yield: 3.3%**. The inverse of the P/E: 3.3% of the price is earned each year.

## Profitability
- **Gross margin: 89.5%**. Dominion Lending Centres Inc. keeps 89.5% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 44.1%**. 44.1% of revenue is left after running the business, an exceptional level.
- **Net margin: 25.5%**. 25.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.2%**. 18.2% on shareholders' equity is solid.
- **Return on invested capital: 18.2%**. Return on all capital, debt included, is 18.2%: comfortably above what that capital costs.
- **Return on assets: 10.3%**. Each dollar of assets produces 10.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 25.4%** (3-yr 10.8%/yr). Revenue grew 25.4% over the last year.
- **EPS growth (1 yr): 112.0%** (3-yr 7.4%/yr). Earnings per share rose 112.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 43.3%/yr**. Free cash flow has compounded at 43.3% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.
- **Cash and short-term investments: C$2 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 2.38%** (C$0.07 per share, trailing). Dominion Lending Centres Inc. yields 2.38%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 48%** (68% of free cash flow). 48% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Shareholder yield: 4.1%**. Dividends plus net buybacks return 4.1% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (6 analysts). 6 analysts cover Dominion Lending Centres Inc.; the consensus is buy, with an average price target of C$12.63 (+50% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -16.2%** (YTD -14.4%, 3-mo -4.0%). The shares are down 16.2% over twelve months including dividends.
- **From 52-week high: -24.3%** (7.6% above the low). Trading 24% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 0.38** (volatility 41%). Beta of 0.38 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DLCG.TO · Page: https://foliofundamentals.com/stocks/dlcg.to

Not investment advice.