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← CockpitCompetitor Analysis › CSH-UN.TO Chartwell Retirement ResidencesOpen in the cockpit ↗

Chartwell Retirement ResidencesCSH-UN.TOCompetitor analysis, valuation and peers

Canada · CAD·Real Estate›Real Estate Investment Trusts

Owns and operates retirement residences and seniors' housing across Canada.

Momentum strong 74
Mkt cap
$5.25B
US dollars, full cap
Free float
99%
of shares outstanding
$/day
$6.67M
20-day average traded
P/B
3.92×
price to book
ROE
0.6%
delivered
Implied ROE
22.6%
what the price asks
Next earnings
118 days
4 Mar 2027
Close · CADC$22.14
1D+3.3%
1W+7.8%
1M+13.9%
3M+3.4%
6M+2.6%
YTD+10.2%
1Y+7.9%
ATR %2.4%
52w lowhigh5.3% off high

What Chartwell Retirement Residences does

Owns and operates retirement residences and seniors' housing across Canada.

Collects monthly fees from residents that cover rent, meals and, where chosen, care services, so income depends on how full its buildings are and how much it can raise those fees each year. Residents pay mostly from their own funds rather than government payments. As a trust, it pays out a large share of its cash monthly.

Products and services

  • Independent living
  • Assisted living
  • Memory care

Customers

  • Seniors and their families (Ontario, Quebec, Weste

Where it sits in the supply chain

  • Real estate / healthcare services
  • Seniors housing
  • Retirement residence operator

What could go right

  • Aging population demographic tailwind
  • Occupancy recovery post-pandemic

What could go wrong

  • Rising labour/staffing costs
  • New supply competition in some markets

Moat: narrow (scale, brand, installed base). Canada's largest retirement-residence operator with scale in an aging, high-barrier-to-entry sector.

Headquarters: Mississauga, Canada · Founded: 2003 · Employees: 11,492

Named competitors

Chartwell Retirement Residences at a glance

Size Chartwell Retirement Residences (CSH-UN.TO) is a Canada Real Estate company (Real Estate Investment Trusts) with a market value of $5.25B, the 116th largest of 420 Canada companies the cockpit tracks. Shares closed at C$22.14 on 6 Nov 2026.

Performance Over six months the shares gained 2.6%, against -5.2% for the median peer and +5.2% for the Canada market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 24.4% over the last twelve months (peer median +6.6%); the operating margin is 13.2% (peer median 44.5%).

Valuation It trades at 3.92× book value against a peer median of 1.14× (3rd most expensive of 21).

Price implies The share price implies a return on equity of about 22.6%; Chartwell Retirement Residences delivers 0.5%, so the price asks more than the business earns today.

Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026CSH-UN.TO 102Peer median 95
Six months, rebased to 100: Chartwell Retirement Residences against the median of its 20 peers (local-currency closes).

Chartwell Retirement Residences financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$1.22BC$1.11BC$852MC$739MC$709M
Revenue growth—+30%+15%+4%—
Gross profitC$235MC$211MC$174MC$118MC$88.0M
EBITDAC$437MC$377MC$274MC$193MC$216M
Net incomeC$8.66MC$29.4MC$22.4MC$128MC$49.5M
Free cash flowC$160MC$144MC$80.1MC$22.8MC$18.6M
Capital expenditureC$159MC$150MC$107MC$129MC$111M
Total debtC$3.25BC$2.99BC$2.60BC$2.03BC$2.33B

Quarterly statements and history in the cockpit →

Chartwell Retirement Residences competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-10%0%+10%0%+5%+10%+15%MGRRITMOUTKRGGFCSBRA8952N2IUCOV8953CUZPECOGGCAJBUBLNDCOLDEPRM44USTWDCSH-UN.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Chartwell Retirement Residences is the large dot.

Fundamentals: return on equity against price-to-book

0%5%10%15%10×20×30×40×MGRRITMOUTKRGGFCSBRA8952N2IUCOV8953CUZPECOGGCAJBUBLNDCOLDEPRM44USTWDCSH-UN.TOReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Chartwell Retirement Residences is the large dot.

Capital: ROE delivered against the ROE the price implies

0%25%50%75%0%50%MGRRITMOUTKRGSBRAN2IUCOLDCSH-UN.TOROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Chartwell Retirement Residences is the large dot.

Chartwell Retirement Residences competitors and peer comparison

Head to head with its named competitors (CSH-UN.TO vs SIA.TO vs EXE.TO vs BKD)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Chartwell Retirement Residences CSH-UN.TO$5.25B+3%+24%1%3.92×22.6%
Sienna Senior Living SIA.TO$1.63B-11%+16%7%2.39×16.7%
Extendicare EXE.TO$1.87B-9%+31%44%6.48×43.3%
Brookdale Senior Living BKD$2.15B-31%-4%-362%n/an/a

How Chartwell Retirement Residences compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Chartwell Retirement Residences against its 20 peers (data as of 6 Nov 2026)
MeasureCSH-UN.TOPeer medianRank in peer set
1-month return+13.9%+6.5%2nd highest of 21
6-month return+2.6%-5.2%5th highest of 21
Return on equity0.6%6.9%3rd lowest of 21
Price / book3.92×1.14×3rd most expensive of 21
Trailing P/E832.3×20.2×most expensive of 20
ROE the price implies22.6%10.7%2nd most demanding of 21
ROE delivered0.5%6.7%3rd lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Chartwell Retirement Residences CSH-UN.TOCanada$5.25B+3%+24%1%3.92×22.6%0.5%
Mirvac MGR.AXAustralia$5.27B+14%+6%7%0.83×9.9%7.4%
Rithm Capital RITMUnited States$5.15B-6%+19%6%0.74×8.7%5.6%
OUTFRONT Media OUTUnited States$5.42B-9%+8%36%7.82×77.8%36.2%
Kite Realty Group Trust KRGUnited States$5.04B-4%-7%12%1.84×14.6%11.5%
Gecina GFC.PAFrance$5.47B-8%+1%2%0.48×6.9%1.6%
Sabra Health Care REIT SBRAUnited States$5.51B+1%+21%3%1.94×13.0%2.5%
Japan Real Estate Investment 8952.TJapan$4.98B-10%-1%7%1.41×6.1%6.7%
Mapletree Pan Asia Commercial Trust N2IU.SISingapore$4.89B-7%-5%3%0.68×5.0%2.8%
Covivio COV.PAFrance$5.64B-16%+5%8%0.59×8.2%7.9%
Japan Metropolitan Fund Investment 8953.TJapan$4.87B-8%0%7%1.17×4.8%7.1%
Cousins Properties CUZUnited States$4.87B+11%+8%0%1.10×11.4%0.3%
Phillips Edison & PECOUnited States$5.72B+2%+7%8%2.17×12.9%7.8%
General de Galerias Comerciales GGC.MCSpain$4.70B0%+3%18%3.99×13.5%n/a
Keppel DC REIT AJBU.SISingapore$4.67B-6%+30%11%1.26×6.8%11.4%
British Land BLND.LUnited Kingdom$5.94B+17%+15%8%0.73×11.6%7.8%
Americold Realty Trust COLDUnited States$4.57B+8%0%-16%1.89×15.5%-16.5%
EPR Properties EPRUnited States$4.56B+2%+7%13%1.95×16.8%12.7%
Mapletree Logistics Trust M44U.SISingapore$4.47B-6%-1%3%0.87×5.7%3.3%
LondonMetric Property LMP.LUnited Kingdom$6.16B+2%+17%7%0.93×12.6%6.7%
Starwood Property Trust STWDUnited States$4.46B-32%+11%3%0.69×8.0%3.4%

Questions

Who are Chartwell Retirement Residences's main competitors?
Named competitors: Sienna Senior Living (SIA.TO), Extendicare (EXE.TO), Brookdale Senior Living (BKD). The cockpit's measured peer set (industry) also includes Mirvac (MGR.AX), Rithm Capital (RITM), OUTFRONT Media (OUT), Kite Realty Group Trust (KRG), Gecina (GFC.PA), Sabra Health Care REIT (SBRA).
Is Chartwell Retirement Residences expensive compared with its peers?
On price / book it trades at 3.92× against a peer median of 1.14×, 3rd most expensive of 21 in its peer set. The share price implies a return on equity of about 22.6%; Chartwell Retirement Residences delivers 0.5%, so the price asks more than the business earns today.
How has Chartwell Retirement Residences stock performed?
Over six months to 6 Nov 2026 the shares returned +2.6% against -5.2% for the median peer; over one year +7.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.