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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Melcor Developments. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Melcor Developments's earnings available for a low price, and how does
this compare to other companies in the same industry?
Melcor Developments's earnings are expected to grow significantly at over 20% yearly.
Unable to determine if Melcor Developments 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.
Melcor Developments's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Melcor Developments's finances.
The net worth of a company is the difference between its assets and liabilities.
Melcor Developments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Melcor Developments's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Melcor Developments'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.3x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Darin Anthony Rayburn has been the Chief Executive Officer and President of Melcor Developments Ltd. since April 15, 2017. Mr. Rayburn served as an Executive Vice President of Investment Properties at Melcor Developments Ltd. since November 2005 until April 15, 2017. Mr. Rayburn served as the Chief Executive Officer at Melcor Real Estate Investment Trust since May 2013 until April 15, 2017. He served as the President of Melcor REIT. He has several years of experience in the accounting and finance industry. Previously, Mr. Rayburn served as Senior Division Manager of Commercial Property and Investment Property at Melcor Developments Ltd. and also served as its Vice President of Investment Property Division and Commercial Property Division. Mr. Rayburn has worked in the real estate industry since 1991. He joined Melcor in 2002. Prior to joining Melcor, Mr. Rayburn held various leasing, operations, management and marketing positions with Oxford Properties Group and Cambridge Shopping Centers. He serves as a Director of Edmonton Oilers Hockey Club. He has been a Trustee at Melcor Real Estate Investment Trust since April 26, 2017. Mr. Rayburn holds a Bachelor of Arts Degree from the University of Alberta.
Darin's compensation has been consistent with company performance over the past year.
Darin's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Melcor Developments management team is about average.
CEO & President
CFO & Corporate Secretary
Regional Manager of USA
Director of Corporate Communication
Vice-President of New Leasing & Sales
Vice-President of Recreational Properties
Vice-President of Red Deer Region
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Melcor Developments board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Melcor Developments insiders in the past 3 months, but not in substantial volumes.
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, Investment Property, REIT, and Recreational Property divisions. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. The company purchases and develops land to be sold as residential, industrial, and commercial lots; develops, constructs, and leases retail, office, and industrial properties; and owns and leases residential, commercial, retail, and industrial properties. It also owns and manages three 18-hole championship golf courses. The company was founded in 1923 and is headquartered in Edmonton, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.