Best Funeral Home Stocks in Canada

Funeral Home Stocks Canada

Park Lawn Corporation (TSX: PLC) is a Canadian provider of funeral, cremation and cemetery facilities with 103 cemeteries in Canada, the United States and the United Kingdom. The company’s footprint is growing and as of December 31, 2018, 481 Centeraphs had been operated and operated, including a total of 1,843 Ceteris tracks and cremation operations covering more than 2,500 hectares of land in Ontario, Quebec, New Brunswick, Nova Scotia, Ontario and Quebec City. Sources: 8, 9, 15

By the end of the 1993 financial year, the Loewen Group had acquired a total of 1,000 undertakers in Canada and the United States. The company has since acquired more than 2,500 hectares of land in Ontario, Quebec, New Brunswick, Nova Scotia, Ontario and Quebec City to continue to benefit from its presence in the market for burial, cremation and cemeteries. At the end of the 1994 financial year, the company had acquired or acquired 108 undertakings and 46 cemeteries. And as of 31 December 2018, it has acquired at least one more cemetery site, further benefiting from the strong growth of its cemetery business. Sources: 5

As many companies operate undertakings, cemeteries and crematoria, the line between the different types of funeral services becomes blurred, and the consolidation trend is driven by necessity. Companies that have acquired nearby funeral homes and cemeteries will pool their burials and burials, just as cars and employees can be pooled at multiple locations. As the funeral industry – that is, the ownership of the house – consolidates, coffin production also goes through its own consolidation phase. Sources: 1, 4

So in North America, the majority of funeral companies – which are listed and traded directly – have behaved themselves or behaved in this way. There are a number of smaller funeral homes in Canada, often owned by the same family or generation. Sources: 6, 14

Listed Hillenbrand Inc. and Matthews International Corporation manufacture and sell coffins, urns and other items for funeral companies. Both companies own or operate 798 funeral homes and 62 cemeteries, and, most recently, more than 1,000 funeral homes and houses in Canada. There are a number of smaller undertakers in the US, some of which belong to the same family or family members or a single owner with a long tradition of business practices. The Company owns or operates a total of 3,500 funeral homes in North America and a cemetery in New York. Sources: 4, 7, 8, 14

At the top of the food chain, SCI is the largest funeral company in the United States and the second largest in Canada. Sources: 1

Park Lawn is a growth machine that can devour funeral homes as quickly and as well as it can. In the area of cemetery space, growth seems to be concentrated in US crematoria, cemeteries and funeral homes. The shortage of burial land suggests that there is a greater demand for cremation than for burials in the United States. Undertakers are Canada’s second largest funeral industry after SCI, with a market value of $1.5 billion. Sources: 0, 9, 10

Undertakers also find it difficult to get the extra supply they need if business picks up unexpectedly, Cole said. If the undertaker fails, the advance payment for a funeral can result in a loss of money. There are also concerns that some will use the stress inflicted on small, independent funeral companies as an opportunity to make opportunistic takeovers. Sources: 2, 11, 13

The Service Corporation has a big competitive advantage here due to its size, but the funeral and cemetery business is very locally oriented. As the only funeral company listed on the Toronto Stock Exchange, it is under pressure from its competitors. I think this is a great opportunity for a company that is very focused on funeral and burial services. It could diversify its offering and even produce more than just coffins and burials in the funeral-assistance segment – with a focus on the funeral industry. Sources: 0, 4

PLC operates funeral services in the Toronto area, making it one of the largest providers of funeral and burial services in Canada and the world. Sources: 10

With 132 undertakers and cemeteries, Arbor is one of the largest funeral and burial service providers in Canada. From its customers “hand in funeral services to its role as Canada’s largest funeral services provider in the funeral industry, the company has grown to become a major funeral services provider in eight provinces in Canada and the United States. The nation’s largest provider of assisted dying services is owned by SCI and provides services to more than 1,000 families in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, Newfoundland and Labrador, Nova Scotia, New Brunswick, Ontario and Quebec. Sources: 1, 3, 8, 11

The equipment used by undertakers, cemetery and crematorium operators, as well as other equipment required by these undertakings, is manufactured by the company itself. The SPS and its subsidiaries own and operate undertakings including an undertaker, undertaker, crematoria, planning offices and a cremation facility. Sources: 4, 12

This type of company owns the undertaker or funeral home, where they organise funerals and perform ceremonies. Traditional burials usually involve burial a body in a private cemetery, crematorium or cemetery or cremation facility. They own or own funeral homes and funeral homes in the United States, Canada and other countries. Sources: 4

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