Melcor Developments Ltd.MRD.TO

$18.51-0.08 (-0.43%)
TSXReal Estate24:00 UTC

Company snapshot

Market Cap
$564M
Small-cap
+18%
2016 — today
10-Year Price
+30%
2016 — today
52-Week Range
$13.65$19.34
Current $18.51· 85%

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.

Valuation in context

P/E ratio
7.4
Below average
Below the 10-year average
P/B ratio
0.4
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
7.4
Historically cheap
Historically cheap relative to the last 10 years
Dividend Yield
4.9%
Historically high
Historically high relative to the last 10 years
FCF Yield
8.3%
Below average
Below the 10-year average
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