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Manufactured Housing Properties

OTCPK:MHPC
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MHPC
OTCPK
$10M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Manufactured Housing Properties Inc. acquires, owns, and operates manufactured housing communities. The last earnings update was 75 days ago. More info.


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MHPC Share Price and Events
7 Day Returns
0%
OTCPK:MHPC
-1.3%
US Real Estate
-0%
US Market
1 Year Returns
-
OTCPK:MHPC
-14.9%
US Real Estate
-7.4%
US Market
MHPC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Manufactured Housing Properties (MHPC) 0% 0% - - - -
US Real Estate -1.3% 12.4% 3.6% -14.9% 20.9% 6.2%
US Market -0% 8.1% 1.1% -7.4% 37.7% 41.8%
1 Year Return vs Industry and Market
  • No trading data on MHPC.
  • No trading data on MHPC.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Manufactured Housing Properties undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Manufactured Housing Properties to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Manufactured Housing Properties.

OTCPK:MHPC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 17.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:MHPC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.066 (1 + (1- 21%) (122%))
2.094
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 7.27%)
17.27%

Discounted Cash Flow Calculation for OTCPK:MHPC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Manufactured Housing Properties is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:MHPC DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 0.21 0.25 0.30 0.35 0.40
Source Est @ 20%, capped from 94.85% Est @ 19%, capped from 94.85% Est @ 18%, capped from 94.85% Est @ 17%, capped from 94.85% Est @ 16%, capped from 94.85%
Present Value
Discounted (@ 17.27%)
0.18 0.18 0.18 0.18 0.18
Present value of next 5 years cash flows $0.91
OTCPK:MHPC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $0.40 × (1 + 2.73%) ÷ (17.27% – 2.73%)
$2.83
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $2.83 ÷ (1 + 17.27%)5
$1.28
OTCPK:MHPC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $0.91 + $1.28
$2.19
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2.19 / 10.35
$0.21
OTCPK:MHPC Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.21
Current discount Discount to share price of $1.00
= -1 x ($1.00 - $0.21) / $0.21
-373.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Manufactured Housing Properties is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Manufactured Housing Properties's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Manufactured Housing Properties's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:MHPC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.12
OTCPK:MHPC Share Price ** OTCPK (2018-11-05) in USD $1
United States of America Real Estate Industry PE Ratio Median Figure of 29 Publicly-Listed Real Estate Companies 14.1x
United States of America Market PE Ratio Median Figure of 3,028 Publicly-Listed Companies 16.71x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Manufactured Housing Properties.

OTCPK:MHPC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:MHPC Share Price ÷ EPS (both in USD)

= 1 ÷ -0.12

-8.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Manufactured Housing Properties is loss making, we can't compare its value to the US Real Estate industry average.
  • Manufactured Housing Properties is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Manufactured Housing Properties's expected growth come at a high price?
Raw Data
OTCPK:MHPC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Real Estate Industry PEG Ratio Median Figure of 14 Publicly-Listed Real Estate Companies 0.39x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Manufactured Housing Properties, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Manufactured Housing Properties's assets?
Raw Data
OTCPK:MHPC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $-0.10
OTCPK:MHPC Share Price * OTCPK (2018-11-05) in USD $1
United States of America Real Estate Industry PB Ratio Median Figure of 56 Publicly-Listed Real Estate Companies 1.49x
United States of America Market PB Ratio Median Figure of 5,104 Publicly-Listed Companies 1.78x
OTCPK:MHPC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:MHPC Share Price ÷ Book Value per Share (both in USD)

= 1 ÷ -0.10

-10.35x

* Primary Listing of Manufactured Housing Properties.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Manufactured Housing Properties has negative assets, we can't compare the value of its assets to the US Real Estate industry average.
X
Value checks
We assess Manufactured Housing Properties's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Manufactured Housing Properties has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Manufactured Housing Properties expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Manufactured Housing Properties has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.2%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Manufactured Housing Properties expected to grow at an attractive rate?
  • Unable to compare Manufactured Housing Properties's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Manufactured Housing Properties's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Manufactured Housing Properties's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:MHPC Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 11.2%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 10.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:MHPC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:MHPC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 2 -0 -1
2018-06-30 1 -0 -1
2018-03-31 1 -0 -1
2017-12-31 1 -0 -1
2016-12-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Manufactured Housing Properties is high growth as no earnings estimate data is available.
  • Unable to determine if Manufactured Housing Properties is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:MHPC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Manufactured Housing Properties Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MHPC Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.12
2018-06-30 -0.12
2018-03-31 -0.11
2017-12-31 -0.10
2016-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Manufactured Housing Properties will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of MHPC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Manufactured Housing Properties's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Manufactured Housing Properties's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Manufactured Housing Properties's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Manufactured Housing Properties has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Manufactured Housing Properties performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Manufactured Housing Properties's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Manufactured Housing Properties does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Manufactured Housing Properties's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Manufactured Housing Properties's 1-year growth to the US Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Manufactured Housing Properties's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Manufactured Housing Properties Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MHPC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 1.82 -1.15 0.95
2018-06-30 1.45 -1.02 0.78
2018-03-31 1.11 -0.76 0.54
2017-12-31 0.69 -0.51 0.30
2016-12-31 0.08 0.00 0.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Manufactured Housing Properties has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Manufactured Housing Properties has efficiently used its assets last year compared to the US Real Estate industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Manufactured Housing Properties improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Manufactured Housing Properties's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Manufactured Housing Properties has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Manufactured Housing Properties's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Manufactured Housing Properties's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Manufactured Housing Properties's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Manufactured Housing Properties's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Manufactured Housing Properties's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Manufactured Housing Properties has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Manufactured Housing Properties Company Filings, last reported 4 months ago.

OTCPK:MHPC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -0.66 12.63 0.49
2018-06-30 -0.38 12.56 0.49
2018-03-31 -0.10 12.49 0.47
2017-12-31 0.14 12.40 0.36
2016-12-31 0.44 0.95 0.02
  • Manufactured Housing Properties has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Manufactured Housing Properties's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Manufactured Housing Properties has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Manufactured Housing Properties has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by % per year.
X
Financial health checks
We assess Manufactured Housing Properties's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Manufactured Housing Properties has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Manufactured Housing Properties's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Manufactured Housing Properties dividends.
If you bought $2,000 of Manufactured Housing Properties shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Manufactured Housing Properties's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Manufactured Housing Properties's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:MHPC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 2.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1988 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Manufactured Housing Properties has not reported any payouts.
  • Unable to verify if Manufactured Housing Properties's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Manufactured Housing Properties's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Manufactured Housing Properties has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Manufactured Housing Properties's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Manufactured Housing Properties afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Manufactured Housing Properties has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Manufactured Housing Properties's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ray Gee
COMPENSATION $0
AGE 56
TENURE AS CEO 1.3 years
CEO Bio

Mr. Raymond M. Gee, also known as Ray, has been Chairman, President & Chief Executive Officer of Manufactured Housing Properties, Inc. since October 2017. Mr. Gee served as Chief Executive Officer of Gvest Capital LLC since 2012 until 2017.

CEO Compensation
  • Insufficient data for Ray to compare compensation growth.
  • Ray's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Manufactured Housing Properties management team in years:

1.3
Average Tenure
46
Average Age
  • The average tenure for the Manufactured Housing Properties management team is less than 2 years, this suggests a new team.
Management Team

Ray Gee

TITLE
Chairman
AGE
56
TENURE
1.3 yrs

Michael Anise

TITLE
CFO, Treasurer
COMPENSATION
$130K
AGE
41
TENURE
1.3 yrs

Adam Martin

TITLE
Chief Investment Officer
COMPENSATION
$150K
AGE
46
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Manufactured Housing Properties board of directors in years:

0.8
Average Tenure
54
Average Age
  • The average tenure for the Manufactured Housing Properties board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ray Gee

TITLE
Chairman
AGE
56
TENURE
1.3 yrs

Michael Anise

TITLE
CFO, Treasurer
COMPENSATION
$130K
AGE
41
TENURE
1.3 yrs

Terry Robertson

TITLE
Director
TENURE
0.1 yrs

James Johnson

TITLE
Director
AGE
52
TENURE
0.8 yrs

William Carter

TITLE
Director
AGE
70
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Manufactured Housing Properties's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Manufactured Housing Properties has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Map
Description

Manufactured Housing Properties Inc. acquires, owns, and operates manufactured housing communities. As of September 30, 2018, it owned and operated 7 manufactured housing communities containing approximately 440 developed sites located in North Carolina, South Carolina, and Tennessee. The company was founded in 2016 and is based in Pineville, North Carolina.

Details
Name: Manufactured Housing Properties Inc.
MHPC
Exchange: OTCPK
Founded: 2016
$10,350,062
10,350,062
Website: http://www.mhproperties.com
Address: Manufactured Housing Properties Inc.
136 Main Street,
Pineville,
North Carolina, 28134,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK MHPC Common Stock Pink Sheets LLC US USD 17. Oct 2017
Number of employees
Current staff
Staff numbers
0
Manufactured Housing Properties employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/30 03:34
End of day share price update: 2018/11/05 00:00
Last earnings filing: 2018/11/16
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.