Melcor Developments Ltd.

$ 18.51 -0.43 %

Melcor Developments Ltd. is a real estate development and management firm with operations spanning the United States and Canada. The company segments its business into Community Development, Property Development, REIT, Investment Property, and Recreational Property. Melcor's extensive activities encompass the creation, management, and ownership of diverse properties, including master-planned residential communities, business and industrial parks, office buildings, retail centers, and golf facilities. Its core operations involve acquiring land for development into residential, industrial, and commercial lots for sale, as well as constructing and leasing retail, office, and industrial properties. Furthermore, Melcor owns and leases a variety of commercial, retail, and residential assets, alongside parking lots and undeveloped land. A specific highlight of its recreational portfolio is the ownership and management of three 18-hole golf courses. Established in 1923, Melcor Developments Ltd. maintains its corporate headquarters in Edmonton, Canada.

CEO: Timothy Charles Melton - https://www.melcor.ca

Price objectif

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Recommandation

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DCF

$ 57.65

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MRD.TO vs S&P500

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Quick ratio

-10.05

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

7.37

may indicate that the company is undervalued or has poor growth prospects.

EPS

2.51

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

6.06 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

5.16 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

5.99

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.39

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

1.56

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

34.37 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
5 indicates moderate financial health
Altman score
1.87 indicates an uncertain financial situation
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Cash / Debt

Cash Ratio
1.18 indicates that the company has sufficient cash to cover its short-term debts
Debt Ratio
0.25 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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