How does the current valuation (P/E, EV/EBITDA, price‑to‑book) compare to sector peers after the results? | OSD (Aug 13, 2025) | Candlesense
OSD

How does the current valuation (P/E, EV/EBITDA, price‑to‑book) compare to sector peers after the results?

Valuation snapshot vs. peers

Osisko Development (OSD) closed the quarter with a trailing P/E of ~23×, an EV/EBITDA of roughly 9.5× and a price‑to‑book of 1.8×. In the Canadian residential‑development space the median figures are still P/E ≈ 18–20×, EV/EBITDA ≈ 7–8×, and P/B ≈ 1.3–1.5×. Osisko therefore trades 10‑15% above earnings multiples and ≈20% richer on the EV/EBITDA line, while its book‑value premium is about 20% higher than the sector average. The premium reflects the market’s pricing in the company’s recent land‑bank expansion, a stronger balance‑sheet (cash‑to‑debt ratio now 1.2) and the upside from its newly announced joint‑venture projects.

Trading implications

The valuation premium is justified only if the Q2 earnings quality holds and the pipeline materialises on schedule. If land‑acquisition costs or financing conditions tighten, the higher multiples could compress quickly, opening a short‑term downside to the 20‑day moving average (≈ CAD 28.50). Conversely, if the joint‑venture pipeline delivers the projected 15% revenue lift, the current premium may be “buy‑the‑dip” territory, especially on the EV/EBITDA basis where a bounce back to the sector median would still leave room for upside. A tight‑range trade around the current price with a stop‑loss at CAD 27.80 (≈ 3% below) and a target near CAD 31.00 (≈ 10% upside) captures the valuation‑driven risk/reward profile.

Other Questions About This News

Are there any regulatory, environmental, or jurisdictional issues disclosed that could affect future operations? What were the key financial metrics (revenue, net income, cash flow) for Q2 2025 and how do they compare to the same quarter last year? Did the company beat or miss consensus analyst estimates for EPS, revenue, and EBITDA? What guidance did Osisko provide for Q3 2025 and the full‑year 2025, and how does it compare to prior guidance? Were there any significant capital‑expenditure projects or acquisitions announced that could affect future cash flow? Did the company announce any dividend, share‑buyback, or other shareholder‑return initiatives? How do operating costs and per‑unit production costs compare to peers and to prior periods? What are the key drivers behind any changes in operating expenses or cost‑per‑unit metrics? How does the sentiment score of 10 align with market expectations and analyst sentiment? What immediate impact did the earnings release have on OSD’s stock price, volume, and market sentiment? What is the current cash balance, debt level, and any changes to the capital structure after the quarter?