Real Matters Inc.REAL.TO

$5.28+0.17 (+3.33%)
TSXTechnology24:00 UTC

Company snapshot

Market Cap
$394M
Small-cap
-61%
2017 — today
10-Year Price
-55%
2017 — today
52-Week Range
$5.09$7.95
Current $5.28· 7%

Real Matters Inc. is a Canadian enterprise delivering technology-driven network management solutions, primarily serving the mortgage lending and insurance industries across Canada and the United States. Under its Solidifi brand, the company provides residential mortgage appraisal services for various transaction types, including purchases, refinances, home equity loans, and defaults. Solidifi also extends comprehensive residential and commercial real estate title and closing services to financial institutions, covering transactions such as refinances, purchases, short sales, and real estate owned (REO) properties. These crucial mortgage closing services encompass title searches, curative actions, closing and escrow functions, title policy issuance, and other specialized title services, including those for capital markets. Concurrently, its iv3 brand supplies inspection services to property and casualty insurers. Beyond direct service provision, Real Matters additionally offers access to its proprietary software platforms on a subscription basis to other title insurance agencies and mortgage lenders. The company, incorporated in 2004, was initially known as Solidifi Inc. before being rebranded as Real Matters Inc. in July 2010. Its corporate headquarters are located in Markham, Canada.

Valuation in context

P/E ratio
-15.4
N/A
Not meaningful — company is unprofitable
P/B ratio
4.4
Above average
Pricier than usual over the last 10 years
FCF Yield
-1.0%
Historically low
Historically low relative to the last 10 years
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