Jump to content

Housing Downturn and Equitable Group (ETC)


Guest bengrahamofthenorth
 Share

Recommended Posts

Guest bengrahamofthenorth

Given all the talk about a Canadian housing bubble, has anybody looked at equitable group (TSX:ETC). I was trying to determine impairments given an XX% decline in housing prices. Non-CMHC insured loans only have an allowance of .53%. I can't find any info on their loan to value ratios. Anybody done any work?

Link to comment
Share on other sites

  • 4 years later...
Guest notorious546

Given all the talk about a Canadian housing bubble, has anybody looked at equitable group (TSX:ETC). I was trying to determine impairments given an XX% decline in housing prices. Non-CMHC insured loans only have an allowance of .53%. I can't find any info on their loan to value ratios. Anybody done any work?

 

stock trades quite cheap ~1.1 book value, maybe 7x 2016e earnings. anyone looked at this recently.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...