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1. Company Snapshot

1.a. Company Description

Wall Financial Corporation, together with its subsidiaries, operates as a real estate investment and development company in Canada.It operates through three segments: Rental, Hotel, and Development.The company owns and manages residential and commercial properties, as well as hotel properties; and develops and sells residential housing properties.


It also engages in the development and management of residential rental units; and development and construction of residential housing for re-sale.As of January 31, 2022, it owned and managed 934 hotel units; and fourteen rental properties in Metro Vancouver consisted of 1,392 residential and 14 commercial rental units.Wall Financial Corporation was incorporated in 1969 and is headquartered in Vancouver, Canada.

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1.b. Last Insights on WFC

Wall Financial Corporation's recent performance was hindered by a lack of catalysts, with no notable earnings releases or significant announcements within the past three months. The company's insider ownership structure, with a substantial 61% stake, may indicate a cautious approach to growth initiatives. Furthermore, the absence of any recent acquisition or expansion activities suggests a conservative strategy, potentially limiting the company's ability to drive revenue growth.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Wall Financial Second Quarter 2026 Earnings: EPS: CA$0.39 (vs CA$0.35 in 2Q 2025)

Sep -12

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Insiders own 29% of Wall Financial Corporation (TSE:WFC) shares but retail investors control 49% of the company

Sep -05

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WALL FINANCIAL CORPORATION ANNOUNCES NEW INDEPENDENT DIRECTOR

Aug -19

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WALL FINANCIAL CORPORATION ANNOUNCES VOTING RESULTS FROM ITS ANNUAL GENERAL MEETING OF SHAREHOLDERS HELD ON JUNE 12, 2025

Jun -13

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WALL FINANCIAL CORPORATION ANNOUNCES Q1 2026 FISCAL RESULTS

Jun -12

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Investors who have held Wall Financial (TSE:WFC) over the last five years have watched its earnings decline along with their investment

May -22

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WALL FINANCIAL CORPORATION ANNOUNCES Q4 2025 FISCAL RESULTS

May -05

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Wall Financial Corporation (TSE:WFC) insiders have significant skin in the game with 61% ownership

Mar -29

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (7.30%)

6. Segments

Hotel

Expected Growth: 8.5%

The luxury hotel segment is expected to grow driven by increasing demand for premium accommodations, proximity to prime locations, and high-end amenities. The hotel's strategic location and upscale services will attract high-income individuals and business travelers, fueling growth.

Rental

Expected Growth: 4.5%

Rental income growth driven by increasing demand for commercial and residential spaces, fueled by urbanization and economic growth, with Wall Financial Corporation's diversified investment properties portfolio poised to benefit from this trend.

Development

Expected Growth: 5.5%

Strong demand for housing in British Columbia, driven by a growing population and limited supply, will fuel growth in Wall Financial Corporation's real estate development projects. The company's focus on residential and commercial properties in high-growth areas will also contribute to its growth.

7. Detailed Products

Apartment Rentals

Wall Financial Corporation offers a range of apartment rentals across various locations, providing comfortable and convenient living spaces for individuals and families.

Commercial Properties

Wall Financial Corporation's commercial properties provide businesses with flexible and customizable spaces to operate and grow, with options for office, retail, and industrial use.

Hotel Operations

Wall Financial Corporation's hotel operations provide comfortable and convenient accommodations for travelers, with a range of amenities and services to ensure a pleasant stay.

Real Estate Development

Wall Financial Corporation's real estate development services provide expertise in developing and managing properties, from concept to completion.

Property Management

Wall Financial Corporation's property management services provide comprehensive management solutions for property owners, including leasing, maintenance, and financial management.

8. Wall Financial Corporation's Porter Forces

Forces Ranking

Threat Of Substitutes

Wall Financial Corporation operates in a highly competitive industry, and there are many substitutes available to customers. However, the company's strong brand recognition and customer loyalty mitigate the threat of substitutes to some extent.

Bargaining Power Of Customers

Wall Financial Corporation's customers have a high bargaining power due to the availability of many alternatives in the market. The company needs to focus on customer retention and satisfaction to maintain its market share.

Bargaining Power Of Suppliers

Wall Financial Corporation has a diverse supplier base, which reduces the bargaining power of individual suppliers. The company's strong relationships with its suppliers also help to mitigate any potential risks.

Threat Of New Entrants

The threat of new entrants in the financial services industry is moderate, as there are significant barriers to entry, including regulatory hurdles and the need for significant capital investment. However, new fintech companies are disrupting the industry, and Wall Financial Corporation needs to stay innovative to stay ahead.

Intensity Of Rivalry

The financial services industry is highly competitive, and Wall Financial Corporation faces intense rivalry from established players and new entrants. The company needs to focus on differentiating itself through its products and services to maintain its market share.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 54.16%
Debt Cost 7.39%
Equity Weight 45.84%
Equity Cost 7.39%
WACC 7.39%
Leverage 118.16%

11. Quality Control: Wall Financial Corporation passed 1 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

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Melcor

A-Score: 6.6/10

Value: 6.5

Growth: 4.9

Quality: 4.9

Yield: 7.0

Momentum: 6.5

Volatility: 10.0

1-Year Total Return ->

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Dream Unlimited

A-Score: 5.7/10

Value: 7.5

Growth: 4.1

Quality: 4.9

Yield: 8.0

Momentum: 1.5

Volatility: 8.0

1-Year Total Return ->

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Five Point Holdings

A-Score: 5.4/10

Value: 7.3

Growth: 7.0

Quality: 5.9

Yield: 0.0

Momentum: 8.5

Volatility: 3.7

1-Year Total Return ->

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Belpointe PREP

A-Score: 4.5/10

Value: 7.6

Growth: 3.4

Quality: 3.2

Yield: 0.0

Momentum: 5.0

Volatility: 7.7

1-Year Total Return ->

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American Realty Investors

A-Score: 4.3/10

Value: 8.2

Growth: 3.8

Quality: 4.8

Yield: 0.0

Momentum: 6.0

Volatility: 3.0

1-Year Total Return ->

Stock-Card
Wall Financial

A-Score: 4.1/10

Value: 5.4

Growth: 4.2

Quality: 5.5

Yield: 4.0

Momentum: 1.0

Volatility: 4.7

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

15.53$

Current Price

15.53$

Potential

-0.00%

Expected Cash-Flows