company background image
MRD

Melcor Developments TSX:MRD Stock Report

Last Price

CA$10.84

Market Cap

CA$353.4m

7D

6.1%

1Y

-28.1%

Updated

30 Sep, 2022

Data

Company Financials +
MRD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends4/6

MRD Stock Overview

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada.

Melcor Developments Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Melcor Developments
Historical stock prices
Current Share PriceCA$10.84
52 Week HighCA$17.84
52 Week LowCA$9.76
Beta1.49
1 Month Change-10.78%
3 Month Change-10.34%
1 Year Change-28.07%
3 Year Change-11.51%
5 Year Change-30.96%
Change since IPO1,026.23%

Recent News & Updates

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

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

Melcor Developments Ltd. ( TSE:MRD ) will increase its dividend from last year's comparable payment on the 30th of...

Shareholder Returns

MRDCA Real EstateCA Market
7D6.1%-0.9%-0.008%
1Y-28.1%-23.7%-6.6%

Return vs Industry: MRD underperformed the Canadian Real Estate industry which returned -24.3% over the past year.

Return vs Market: MRD underperformed the Canadian Market which returned -6.2% over the past year.

Price Volatility

Is MRD's price volatile compared to industry and market?
MRD volatility
MRD Average Weekly Movement5.6%
Real Estate Industry Average Movement5.5%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.8%

Stable Share Price: MRD is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MRD's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1923124Tim Meltonhttps://www.melcor.ca

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, manages, and owns 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$353.37m
Earnings (TTM)CA$89.71m
Revenue (TTM)CA$311.16m

3.9x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MRD income statement (TTM)
RevenueCA$311.16m
Cost of RevenueCA$172.59m
Gross ProfitCA$138.58m
Other ExpensesCA$48.87m
EarningsCA$89.71m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 08, 2022

Earnings per share (EPS)2.75
Gross Margin44.54%
Net Profit Margin28.83%
Debt/Equity Ratio61.5%

How did MRD perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

19%

Payout Ratio