Loading...
MRD logo

Melcor Developments Ltd.TSX:MRD Stock Report

Market Cap CA$451.2m
Share Price
CA$14.99
My Fair Value
CA$188.92
92.1% undervalued intrinsic discount
1Y13.6%
7D1.9%
Portfolio Value
View

Melcor Developments Ltd.

TSX:MRD Stock Report

Market Cap: CA$451.2m

Melcor Developments (MRD) Stock Overview

Operates as a real estate development company in the United States and Canada. More details

MRD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends2/6

MRD Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Melcor Developments Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Melcor Developments
Historical stock prices
Current Share PriceCA$14.99
52 Week HighCA$15.54
52 Week LowCA$11.30
Beta1.28
1 Month Change-1.70%
3 Month Change7.46%
1 Year Change13.56%
3 Year Change38.16%
5 Year Change154.93%
Change since IPO3,793.51%

Recent News & Updates

Some Investors May Be Willing To Look Past Melcor Developments' (TSE:MRD) Soft Earnings

Aug 22
Some Investors May Be Willing To Look Past Melcor Developments' (TSE:MRD) Soft Earnings

Recent updates

Some Investors May Be Willing To Look Past Melcor Developments' (TSE:MRD) Soft Earnings

Aug 22
Some Investors May Be Willing To Look Past Melcor Developments' (TSE:MRD) Soft Earnings

Melcor Developments (TSE:MRD) Is Due To Pay A Dividend Of CA$0.11

May 26
Melcor Developments (TSE:MRD) Is Due To Pay A Dividend Of CA$0.11

Melcor Developments' (TSE:MRD) Dividend Will Be CA$0.11

Mar 17
Melcor Developments' (TSE:MRD) Dividend Will Be CA$0.11

Melcor Developments (TSE:MRD) Has Announced A Dividend Of CA$0.11

Jun 06
Melcor Developments (TSE:MRD) Has Announced A Dividend Of CA$0.11

We Think You Can Look Beyond Melcor Developments' (TSE:MRD) Lackluster Earnings

Mar 20
We Think You Can Look Beyond Melcor Developments' (TSE:MRD) Lackluster Earnings

Melcor Developments (TSE:MRD) Takes On Some Risk With Its Use Of Debt

Jan 05
Melcor Developments (TSE:MRD) Takes On Some Risk With Its Use Of Debt

Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 18
Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year

Melcor Developments (TSE:MRD) Has A Somewhat Strained Balance Sheet

May 11
Melcor Developments (TSE:MRD) Has A Somewhat Strained Balance Sheet

Melcor Developments (TSE:MRD) Will Pay A Larger Dividend Than Last Year At CA$0.14

Mar 23
Melcor Developments (TSE:MRD) Will Pay A Larger Dividend Than Last Year At CA$0.14

What Does Melcor Developments Ltd.'s (TSE:MRD) Share Price Indicate?

Mar 05
What Does Melcor Developments Ltd.'s (TSE:MRD) Share Price Indicate?

Melcor Developments' (TSE:MRD) Upcoming Dividend Will Be Larger Than Last Year's

Nov 14
Melcor Developments' (TSE:MRD) Upcoming Dividend Will Be Larger Than Last Year's

Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 09
Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year

Shareholder Returns

MRDCA Real EstateCA Market
7D1.9%-1.4%0.9%
1Y13.6%2.0%22.5%

Return vs Industry: MRD exceeded the Canadian Real Estate industry which returned 2% over the past year.

Return vs Market: MRD underperformed the Canadian Market which returned 22.5% over the past year.

Price Volatility

Is MRD's price volatile compared to industry and market?
MRD volatility
MRD Average Weekly Movement2.1%
Real Estate Industry Average Movement4.5%
Market Average Movement9.3%
10% most volatile stocks in CA Market19.8%
10% least volatile stocks in CA Market2.9%

Stable Share Price: MRD has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MRD's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1923135Tim Meltonwww.melcor.ca

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. It operates through Land, Properties, REIT, and Golf divisions. The company develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses.

Melcor Developments Ltd. Fundamentals Summary

How do Melcor Developments's earnings and revenue compare to its market cap?
MRD fundamental statistics
Market capCA$451.24m
Earnings (TTM)CA$9.67m
Revenue (TTM)CA$380.93m
46.7x
P/E Ratio
1.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRD income statement (TTM)
RevenueCA$380.93m
Cost of RevenueCA$199.89m
Gross ProfitCA$181.04m
Other ExpensesCA$171.37m
EarningsCA$9.67m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.32
Gross Margin47.53%
Net Profit Margin2.54%
Debt/Equity Ratio48.7%

How did MRD perform over the long term?

See historical performance and comparison

Dividends

3.1%
Current Dividend Yield
137%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/08 22:01
End of Day Share Price 2025/10/08 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Melcor Developments Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RobertsDesjardins Securities Inc.
Nelson MahLaurentian Bank Securities, Inc.
Pammi BirRBC Capital Markets