Findev Inc (FDI) Fair Value & Analysis
Financial Services · CA · Market cap C$11.2M
Fair value as of: Jun 26, 2026
From 9 valuation models · updated 4 days ago
Fair value updated Jun 26, 2026 — revised from C$0.7400 to C$0.6300 (−14.9%) since Jun 24, 2026. Share price −2.6% over the past month.
Price vs Fair Value (12 months)
12‑month range C$0.3650 – C$0.4627 · fair‑value band C$0.2900 – C$1.07 · the C$0.3700 price screens below the C$0.6300 fair value. As of Jun 26, 2026.
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Findev Inc (FDI) currently trades at C$0.3700, while our model-based Fair Value estimate is C$0.6300 — implying the stock looks roughly 70.3% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.
Trailing-twelve-month revenue stands at C$2.3M. Revenue grew 28.1% year over year. It earns a return on equity of -22.1%. Fundamentals as of Jun 26, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.
About the company
Findev Inc., a real estate finance company, provides real estate financing secured by investment properties and real estate developments in Canada. It targets real estate projects, which include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments. The company was formerly known as TransGaming Inc. and changed its name to Findev Inc. in October 2016. Findev Inc. was incorporated in 2004 and is based in Toronto, Canada.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Findev Inc reported revenue of C$2.2M in FY2025 versus C$2.7M in FY2021, a compound −5.2%/yr. Reported net income was −C$6.7M in FY2025.
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6 more Mortgage Finance stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).
| Stock | Price | Fair Value | vs Fair Value |
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| Federal Home Loan Mortgage Corporation FMCCT | $16.65 | $30.59 | +84% |
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| Federal National Mortgage Association FNMAS | $11.65 | $23.30 | +100% |
| Bajaj Housing Finance Limited BAJAJHFL | ₹89.00 | ₹56.65 | -36% |
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.