MRD Stock Overview
About the company
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, REIT, Investment Property, and Recreational Property segments. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company also purchases and develops land to be sold as residential, industrial, and commercial lots; develops and leases retail, office, industrial, and multi-family properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. It also owns and manages three 18-hole golf courses. Melcor Developments Ltd. was founded in 1923 and is headquartered in Edmonton, Canada.
Snowflake Analysis
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
My Notes
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Melcor Developments Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$12.03 |
| 52 Week High | CA$17.84 |
| 52 Week Low | CA$9.76 |
| Beta | 1.4 |
| 1 Month Change | 0.12% |
| 3 Month Change | 12.91% |
| 1 Year Change | -30.89% |
| 3 Year Change | 69.37% |
| 5 Year Change | -17.01% |
| Change since IPO | 1,149.35% |
Recent News & Updates
Recent updates
Melcor Developments (TSE:MRD) Takes On Some Risk With Its Use Of Debt
Jan 05
Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 18Melcor Developments (TSE:MRD) Has A Somewhat Strained Balance Sheet
May 11Melcor Developments (TSE:MRD) Will Pay A Larger Dividend Than Last Year At CA$0.14
Mar 23What Does Melcor Developments Ltd.'s (TSE:MRD) Share Price Indicate?
Mar 05Melcor Developments' (TSE:MRD) Upcoming Dividend Will Be Larger Than Last Year's
Nov 14Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 09Here's Why It's Unlikely That Melcor Developments Ltd.'s (TSE:MRD) CEO Will See A Pay Rise This Year
May 14These 4 Measures Indicate That Melcor Developments (TSE:MRD) Is Using Debt Extensively
May 05What To Know Before Buying Melcor Developments Ltd. (TSE:MRD) For Its Dividend
Mar 16Who Has Been Buying Melcor Developments Ltd. (TSE:MRD) Shares?
Feb 26We Think Melcor Developments' (TSE:MRD) Statutory Profit Might Understate Its Earnings Potential
Feb 08
Is Melcor Developments (TSE:MRD) Using Too Much Debt?
Jan 07Could The Melcor Developments Ltd. (TSE:MRD) Ownership Structure Tell Us Something Useful?
Dec 23Melcor Developments Ltd. (TSE:MRD) Goes Ex-Dividend Soon
Dec 10How Much Is Melcor Developments Ltd. (TSE:MRD) CEO Getting Paid?
Dec 07Trade Alert: The Chairman Of Melcor Developments Ltd. (TSE:MRD), Timothy Melton, Has Just Spent CA$348k Buying 2.5% More Shares
Nov 22Would Melcor Developments Ltd. (TSE:MRD) Be Valuable To Income Investors?
Aug 10Should You Rely On Melcor Developments's (TSE:MRD) Earnings Growth?
Jul 24Reflecting on Melcor Developments' (TSE:MRD) Share Price Returns Over The Last Five Years
Jul 09Why Melcor Developments Ltd. (TSE:MRD) Could Be Worth Watching
Jun 22Shareholder Returns
| MRD | CA Real Estate | CA Market | |
|---|---|---|---|
| 7D | 5.9% | 2.6% | 3.1% |
| 1Y | -30.9% | -15.4% | -9.8% |
Return vs Industry: MRD underperformed the Canadian Real Estate industry which returned -16.1% over the past year.
Return vs Market: MRD underperformed the Canadian Market which returned -10.4% over the past year.
Price Volatility
| MRD volatility | |
|---|---|
| MRD Average Weekly Movement | 3.2% |
| Real Estate Industry Average Movement | 4.5% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in CA Market | 17.9% |
| 10% least volatile stocks in CA Market | 3.5% |
Stable Share Price: MRD is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MRD's weekly volatility (3%) has been stable over the past year.
Melcor Developments Ltd. Fundamentals Summary
| MRD fundamental statistics | |
|---|---|
| Market Cap | CA$375.76m |
| Earnings (TTM) | CA$89.35m |
| Revenue (TTM) | CA$241.75m |
4.2x
P/E Ratio1.6x
P/S RatioIs MRD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MRD income statement (TTM) | |
|---|---|
| Revenue | CA$241.75m |
| Cost of Revenue | CA$123.48m |
| Gross Profit | CA$118.26m |
| Other Expenses | CA$28.91m |
| Earnings | CA$89.35m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.86 |
| Gross Margin | 48.92% |
| Net Profit Margin | 36.96% |
| Debt/Equity Ratio | 59.2% |
How did MRD perform over the long term?
See historical performance and comparison