Melcor Developments Stock Five Year Return
| MRD Stock | CAD 12.97 0.16 1.22% |
Melcor Developments fundamentals help investors to digest information that contributes to Melcor Developments' financial success or failures. It also enables traders to predict the movement of Melcor Stock. The fundamental analysis module provides a way to measure Melcor Developments' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Melcor Developments stock.
Melcor | Five Year Return |
Melcor Developments Company Five Year Return Analysis
Melcor Developments' Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Melcor Developments Five Year Return | 4.08 % |
Most of Melcor Developments' fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Melcor Developments is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Melcor Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Melcor Developments is extremely important. It helps to project a fair market value of Melcor Stock properly, considering its historical fundamentals such as Five Year Return. Since Melcor Developments' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Melcor Developments' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Melcor Developments' interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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Melcor Return On Tangible Assets
Return On Tangible Assets |
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According to the company disclosure, Melcor Developments has a Five Year Return of 4.08%. This is much higher than that of the Real Estate Management & Development sector and significantly higher than that of the Real Estate industry. The five year return for all Canada stocks is notably lower than that of the firm.
Melcor Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Melcor Developments' direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Melcor Developments could also be used in its relative valuation, which is a method of valuing Melcor Developments by comparing valuation metrics of similar companies.Melcor Developments is currently under evaluation in five year return category among its peers.
Melcor Developments Current Valuation Drivers
We derive many important indicators used in calculating different scores of Melcor Developments from analyzing Melcor Developments' financial statements. These drivers represent accounts that assess Melcor Developments' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Melcor Developments' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 443.9M | 313.3M | 470.5M | 345.6M | 348.4M | 251.7M | |
| Enterprise Value | 1.2B | 1.0B | 1.1B | 1.0B | 983.9M | 520.6M |
Melcor Fundamentals
| Return On Equity | 0.009 | ||||
| Return On Asset | 0.0328 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.35 % | ||||
| Current Valuation | 996.77 M | ||||
| Shares Outstanding | 30.39 M | ||||
| Shares Owned By Insiders | 65.32 % | ||||
| Shares Owned By Institutions | 8.70 % | ||||
| Number Of Shares Shorted | 641 | ||||
| Price To Earning | 5.97 X | ||||
| Price To Book | 0.33 X | ||||
| Price To Sales | 1.30 X | ||||
| Revenue | 315.24 M | ||||
| Gross Profit | 118.26 M | ||||
| EBITDA | 114.44 M | ||||
| Net Income | 62.98 M | ||||
| Cash And Equivalents | 80.47 M | ||||
| Cash Per Share | 0.88 X | ||||
| Total Debt | 670.17 M | ||||
| Debt To Equity | 0.66 % | ||||
| Current Ratio | 6.90 X | ||||
| Book Value Per Share | 39.55 X | ||||
| Cash Flow From Operations | 48.81 M | ||||
| Short Ratio | 0.11 X | ||||
| Earnings Per Share | 0.38 X | ||||
| Target Price | 14.0 | ||||
| Number Of Employees | 124 | ||||
| Beta | 1.41 | ||||
| Market Capitalization | 401.5 M | ||||
| Total Asset | 2.1 B | ||||
| Retained Earnings | 1.11 B | ||||
| Working Capital | 890.22 M | ||||
| Current Asset | 747.76 M | ||||
| Current Liabilities | 17.71 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 4.08 % | ||||
| Net Asset | 2.1 B | ||||
| Last Dividend Paid | 0.49 |
About Melcor Developments Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Melcor Developments's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Melcor Developments using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Melcor Developments based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Melcor Developments
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Melcor Developments position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Melcor Developments will appreciate offsetting losses from the drop in the long position's value.Moving together with Melcor Stock
The ability to find closely correlated positions to Melcor Developments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melcor Developments when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Melcor Developments - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Melcor Developments to buy it.
The correlation of Melcor Developments is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Melcor Developments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melcor Developments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Melcor Developments can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Melcor Stock
Melcor Developments financial ratios help investors to determine whether Melcor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Melcor with respect to the benefits of owning Melcor Developments security.