Melcor Developments (MRD.TO) Stock Price

Melcor Developments Price

TSX·CLOSED
18.45
​
Market closed

Over the last 19 years Melcor Developments grew revenue by 3.8% annually, reaching 410.55 M CAD. Earnings per share have grown at 0.2% per year over the last 19 years. For Melcor Developments, the net margin of 14.1% is down versus 17.8% a few years ago. At today's price the dividend yield works out to roughly 2.60%. The payout ratio is around 25% of earnings. The dividend has grown at 2.5% per year over the past 19 years. The consensus 12-month price target for Melcor Developments is 14.28 CAD, about 22.6% below where the stock trades today. Of 7 analysts, 0 rate the stock a buy — an overall Sell consensus.

Melcor Developments stock price

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Melcor Developments business model & stock analysis

Melcor Developments Ltd is a well-known Canadian company specializing in real estate development and management. The company was founded in 1923 and is headquartered in Edmonton, Alberta. It has experienced impressive growth and sustainable expansion since its inception, allowing it to establish itself across Canada. Throughout its history, Melcor Developments has continuously adapted and evolved its business model to meet changing market conditions and expectations. The company's main activities focus on the acquisition, development, and management of commercial and residential real estate projects. Projects include retail, office, industrial, logistics, residential, and agricultural properties. Melcor Developments operates in three main segments: real estate development and sales, real estate management and leasing, and land development and sales. Real estate development and sales is the largest segment of the company, accounting for over half of its total revenue. The segment focuses on the development of new residential, office, and retail properties, as well as the conversion of existing properties into new uses. The real estate management and leasing segment is responsible for the management and operation of commercial and residential properties. Melcor Developments offers a wide range of services in this segment, including lease management, invoicing, maintenance, repairs, and upkeep. The company has a comprehensive database of all the properties it manages, as well as a dedicated team of professionals to optimize the operation of these properties. The land development and sales segment is responsible for the acquisition, development, and sale of areas that enable future real estate development projects. This segment is also responsible for the maintenance and care of rural properties such as farms and ranches. Melcor Developments is also known for developing and offering products of the highest quality. Residential properties include apartments, townhouses, villas, and townhomes. Commercial properties include office and retail properties, as well as industrial and warehouse properties of various sizes. The company also has a specialized division for the development of agricultural properties, providing farmers and ranch owners with land, land improvement, and infrastructure to enhance their operations. In terms of technology, Melcor Developments has made significant progress in recent years. The company has developed its own life cycle real estate management platform, which streamlines the property development process and automates tasks from land acquisition to building completion. The platform enables the company to collect and analyze real-time information, make faster decisions, and make the development process more transparent. Overall, since its founding almost 100 years ago, Melcor Developments Ltd has written a remarkable success story and is now a significant company in Canada. The company has earned a reputation for its high-quality products, excellent customer service, and innovative technology.

Frequently asked questions about Melcor Developments

The business model of Melcor Developments Ltd. revolves around real estate development, investment, and asset management. As a diversified company, Melcor operates in both urban and community settings, with a focus on providing high-quality residential and commercial properties. Through strategic planning, market analysis, and a long-term approach, Melcor aims to create sustainable communities and deliver value to its stakeholders. By leveraging its expertise in land acquisition, zoning, and development approvals, Melcor seeks to optimize returns and generate growth through the sale and lease of its properties. With a commitment to innovation and excellence, Melcor Developments Ltd. continues to drive the development of vibrant and thriving communities.

Melcor Developments Ltd is primarily active in the real estate and property development industry.

Melcor Developments Ltd faces competition from various companies operating in the real estate development industry. Some of its main competitors include Brookfield Asset Management Inc., First Capital Realty Inc., and Dream Unlimited Corp. These companies engage in similar activities, such as land acquisition, property development, and investment management. However, Melcor Developments Ltd distinguishes itself through its long-standing presence in Western Canada, strong relationships with local communities, and diversified portfolio of residential, commercial, and industrial properties.

Melcor Developments Ltd. is a prominent Canadian real estate development and asset management company. Established in 1923, Melcor has a rich history of over 95 years in the industry. The company is headquartered in Edmonton, Alberta, and has since expanded its operations across western Canada and the United States. Melcor specializes in the acquisition, planning, development, and management of various types of real estate, including residential, office, retail, industrial, and mixed-use properties. With a strong focus on sustainable practices, Melcor strives to create vibrant communities that enhance the quality of life for their occupants. Continuously adapting to market trends and customer needs, Melcor has built a renowned reputation within the real estate industry.

Melcor Developments Ltd has achieved numerous significant milestones throughout its history. The company has successfully developed and managed a diverse portfolio of real estate projects across Canada, establishing itself as a leading integrated real estate development and asset management company. With over 90 years of experience, Melcor has built a solid reputation for its expertise in residential communities, industrial and commercial developments, and land servicing. The company's commitment to sustainability and environmental stewardship has also been a notable achievement, as it continuously strives to incorporate green building practices into its projects. Melcor's strong track record and continued growth make it a reputable and valuable investment choice in the real estate sector.

Melcor Developments Ltd is primarily present in Canada, specifically in Alberta, British Columbia, and Saskatchewan. The company operates in various regions within these provinces, including Edmonton, Calgary, and Kelowna. With its headquarters in Edmonton, Melcor Developments Ltd has established a strong presence in the real estate and land development industry in Western Canada. The company's focus on creating quality communities and commercial developments has contributed to its success and recognition in the Canadian market.

Melcor Developments Ltd is a renowned real estate development company that upholds strong values and a distinctive corporate philosophy. With a rich history spanning over 90 years, Melcor is committed to creating sustainable communities by focusing on four core values: integrity, teamwork, innovation, and excellence. Integrity is at the forefront of their operations, ensuring honesty and trust in all business interactions. Emphasizing teamwork, Melcor collaborates with colleagues, partners, and communities to achieve collective goals. The company nurtures innovation, continuously seeking new and creative solutions for sustainable development. Lastly, Melcor strives for excellence, delivering superior quality in their projects and services. These values collectively embody Melcor Development Ltd's corporate philosophy, guiding their operations and commitment to delivering long-term value to stakeholders.

Analysts currently set an average price target of 14.28 CAD for the Melcor Developments stock (median: 14.28 CAD), implying -22.6 % versus the latest price. The consensus is based on 7 analyst ratings.

7 analysts currently rate the Melcor Developments stock: 0 recommend buying, 3 holding and 4 selling. For 2026, analysts expect Melcor Developments to generate revenue of 295.00 M CAD and earnings per share of 1.71 CAD.

Converted at the current exchange rate, the Melcor Developments share trades at 11.51 EUR (18.45 CAD).

The Melcor Developments share (MRD.TO) is listed on 2 stock exchanges, including: Toronto (MRD.TO).

Melcor Developments Ltd is a Canadian company with a wide range of business activities in the real estate industry. The company's business model is based on the development, construction, and marketing of residential, commercial, and industrial properties. The company was founded in 1923 and has since built an impressive track record in developing and building real estate projects across Canada. The company's key business areas include land development, commercial, retail, and residential properties. These business areas are spread across various provinces in Canada and offer a wide range of real estate products and services to customers. The company's land development focuses on urban and suburban areas suitable for future development projects. Melcor often acquires large parcels of land, develops them, and then sells the lots to builders or other developers. The company also actively works on revitalizing existing properties to maximize returns. The company's commercial real estate sector includes a wide range of products for retailers, offices, medical facilities, and other types of commercial properties. Melcor combines its extensive experience in land development with its knowledge of the needs of different businesses to develop and build properties suitable for the target customer base. The residential real estate segment is one of Melcor's largest business areas. Here, the company develops a wide range of residential properties for various target groups, including single, couple, and family households, as well as seniors. The company focuses on appealing architectural styles and attractive unit features. The company also prioritizes sustainability and environmental friendliness in its projects. Melcor's product range also includes a wide range of services for customers, including planning and design, construction management and administration, as well as marketing and sales. The company is able to provide comprehensive support to customers in their property purchases, starting from selecting the right location to the completion process. Melcor is one of the leading companies in the real estate industry and has earned an excellent reputation for quality and customer satisfaction. The company places great importance on maintaining good relationships with its customers and partners, and emphasizes long-term collaboration. Through the optimization of existing properties and the development of new projects, Melcor continues to be on a growth trajectory and will play an important role in the Canadian real estate industry in the future.

The expected revenue of Melcor Developments is 295.00 M CAD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Melcor Developments is 51.37 M CAD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Melcor Developments is currently 10.81. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Melcor Developments stock.

The price-to-sales ratio (P/S) of Melcor Developments is currently 1.88. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Melcor Developments stock.

The Eulerpool Quality Score for Melcor Developments is 4/10.

The ISIN of Melcor Developments is CA5854671032. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Melcor Developments is 861303. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Melcor Developments is MRD.TO. The ticker symbol is used to trade Melcor Developments shares on the stock exchange.

Fair ValueTerminal
18.45 CAD
Over-/UndervaluationTerminal
Fairly valued
Industry
Real Estate Management & Development
Number of shares
Employees
Revenue per Employee
2.85 M CAD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website melcor.ca
Country
Currency
CAD
Initial public offering
Mar 17, 1980
ISIN
CA5854671032
Cusip
585467103
Sedol
2576071
Market capitalization
566.02 M CADSmall Cap
52-Week Range
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
—
P/E ratio
P/Ee 2026
11.02
P/S
P/Se
1.88
EV/EBIT
6.49
P/B Ratio
0.45
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
3.19 %
Gross Margin
45.86 %
EBIT Margin
39.04 %
Net Margin
14.13 %
EPS (Earnings Per Share)
1.93 CAD
Net Debt / EBIT
2.96
Debt/Equity
0.43
Dividend
Dividend yield
2.60 %
Est. Dividend Yield
5.78 %
Payout Ratio
24.90 %
Dividend growth Ø5Y
1.76 %
Dividend payments per year
4
Dividend paid since
35 years
Dividend not reduced since
1 year
Dividend increased since
1 year
Dividend withholding tax
25.00 %
Last updated Oct 5, 2026, 9:52 AM

Melcor Developments Ticker

OTC · MODVFTSX · MRD.TO

Melcor Developments FIGI

MRD:CN · BBG000BZN9H6MRD:CT · BBG000BZNB45MRD:CJ · BBG000BZNDB3MRD:TR · BBG000BZNF37MRD:TX · BBG000BZNGH0MRD:TA · BBG000BZNGV4MRD:TG · BBG000BZNJ48MRD:TK · BBG000BZNJL9MODVF:US · BBG000JZ26N0MODVF:PQ · BBG000JZ3L29MODVF:UV · BBG000JZ3M54MRD:TW · BBG001QBDB69