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Melcor Developments TSX:MRD Stock Report

Last Price

CA$12.43

Market Cap

CA$381.7m

7D

-1.8%

1Y

12.2%

Updated

18 Dec, 2024

Data

Company Financials

Melcor Developments Ltd.

TSX:MRD Stock Report

Market Cap: CA$381.7m

My Notes

Capture your thoughts, links and company narrative

Melcor Developments Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Melcor Developments
Historical stock prices
Current Share PriceCA$12.43
52 Week HighCA$13.39
52 Week LowCA$11.01
Beta1.4
1 Month Change-6.47%
3 Month Change-4.02%
1 Year Change12.18%
3 Year Change-12.09%
5 Year Change-0.64%
Change since IPO3,128.57%

Recent News & Updates

Recent updates

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

Here's Why It's Unlikely That Melcor Developments Ltd.'s (TSE:MRD) CEO Will See A Pay Rise This Year

May 14
Here's Why It's Unlikely That Melcor Developments Ltd.'s (TSE:MRD) CEO Will See A Pay Rise This Year

These 4 Measures Indicate That Melcor Developments (TSE:MRD) Is Using Debt Extensively

May 05
These 4 Measures Indicate That Melcor Developments (TSE:MRD) Is Using Debt Extensively

What To Know Before Buying Melcor Developments Ltd. (TSE:MRD) For Its Dividend

Mar 16
What To Know Before Buying Melcor Developments Ltd. (TSE:MRD) For Its Dividend

Who Has Been Buying Melcor Developments Ltd. (TSE:MRD) Shares?

Feb 26
Who Has Been Buying Melcor Developments Ltd. (TSE:MRD) Shares?

We Think Melcor Developments' (TSE:MRD) Statutory Profit Might Understate Its Earnings Potential

Feb 08
We Think Melcor Developments' (TSE:MRD) Statutory Profit Might Understate Its Earnings Potential

Is Melcor Developments (TSE:MRD) Using Too Much Debt?

Jan 07
Is Melcor Developments (TSE:MRD) Using Too Much Debt?

Could The Melcor Developments Ltd. (TSE:MRD) Ownership Structure Tell Us Something Useful?

Dec 23
Could The Melcor Developments Ltd. (TSE:MRD) Ownership Structure Tell Us Something Useful?

Shareholder Returns

MRDCA Real EstateCA Market
7D-1.8%-4.2%-4.1%
1Y12.2%20.4%16.7%

Return vs Industry: MRD underperformed the Canadian Real Estate industry which returned 22.1% over the past year.

Return vs Market: MRD underperformed the Canadian Market which returned 17.8% over the past year.

Price Volatility

Is MRD's price volatile compared to industry and market?
MRD volatility
MRD Average Weekly Movement2.2%
Real Estate Industry Average Movement4.5%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.8%
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
1923124Tim Meltonwww.melcor.ca

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, REIT, and Golf divisions. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail 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$381.67m
Earnings (TTM)CA$11.46m
Revenue (TTM)CA$304.10m

32.9x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRD income statement (TTM)
RevenueCA$304.10m
Cost of RevenueCA$167.18m
Gross ProfitCA$136.91m
Other ExpensesCA$125.46m
EarningsCA$11.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin45.02%
Net Profit Margin3.77%
Debt/Equity Ratio50.7%

How did MRD perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

125%

Payout Ratio

Does MRD pay a reliable dividends?

See MRD dividend history and benchmarks
When do you need to buy MRD by to receive an upcoming dividend?
Melcor Developments dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend6 days
Days until Dividend pay date12 days

Does MRD pay a reliable dividends?

See MRD dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 02:21
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

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