MCAN MORTGAGE CORP (MKP.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MKP - CA5791761086 - Common Stock
22.28 CAD
-0.08 (-0.36%)
Taking everything into account, MKP scores 3 out of 10 in our fundamental rating. MKP was compared to 28 industry peers in the Financial Services industry. Both the profitability and financial health of MKP have multiple concerns. MKP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MKP was profitable.
MKP had a positive operating cash flow in the past year.
In the past 5 years MKP has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: MKP reported negative operating cash flow in multiple years.
1.2 Ratios
With a Return On Assets value of 1.10%, MKP perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
MKP has a better Return On Equity (10.21%) than 89.29% of its industry peers.
MKP's Return On Invested Capital of 0.78% is on the low side compared to the rest of the industry. MKP is outperformed by 78.57% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MKP is below the industry average of 5.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 10.21% | ||
| ROIC | 0.78% |
ROA(3y)1.48%
ROA(5y)1.54%
ROE(3y)12.94%
ROE(5y)13.21%
ROIC(3y)1.07%
ROIC(5y)1.15%
1.3 Margins
MKP's Profit Margin of 21.07% is in line compared to the rest of the industry. MKP outperforms 46.43% of its industry peers.
MKP's Profit Margin has declined in the last couple of years.
The Operating Margin of MKP (20.78%) is worse than 75.00% of its industry peers.
MKP's Operating Margin has declined in the last couple of years.
MKP has a Gross Margin of 43.37%. This is in the better half of the industry: MKP outperforms 67.86% of its industry peers.
In the last couple of years the Gross Margin of MKP has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.78% | ||
| PM (TTM) | 21.07% | ||
| GM | 43.37% |
OM growth 3Y-14.95%
OM growth 5Y-8.46%
PM growth 3Y-14.89%
PM growth 5Y-8.36%
GM growth 3Y-11.97%
GM growth 5Y-6.34%
2. Health
2.1 Basic Checks
MKP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, MKP has more shares outstanding
Compared to 5 years ago, MKP has more shares outstanding
MKP has about the same debt/assets ratio as last year.
2.2 Solvency
MKP has an Altman-Z score of -0.25. This is a bad value and indicates that MKP is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.25, MKP is not doing good in the industry: 96.43% of the companies in the same industry are doing better.
MKP has a debt to FCF ratio of 77.63. This is a negative value and a sign of low solvency as MKP would need 77.63 years to pay back of all of its debts.
MKP has a worse Debt to FCF ratio (77.63) than 60.71% of its industry peers.
A Debt/Equity ratio of 8.25 is on the high side and indicates that MKP has dependencies on debt financing.
MKP's Debt to Equity ratio of 8.25 is on the low side compared to the rest of the industry. MKP is outperformed by 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.25 | ||
| Debt/FCF | 77.63 | ||
| Altman-Z | -0.25 |
ROIC/WACC0.19
WACC4.02%
2.3 Liquidity
MKP has a Current Ratio of 0.06. This is a bad value and indicates that MKP is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.06, MKP is doing worse than 71.43% of the companies in the same industry.
MKP has a Quick Ratio of 0.06. This is a bad value and indicates that MKP is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.06, MKP is doing worse than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.06 | ||
| Quick Ratio | 0.06 |
3. Growth
3.1 Past
The earnings per share for MKP have decreased strongly by -31.69% in the last year.
MKP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.42% yearly.
MKP shows a small growth in Revenue. In the last year, the Revenue has grown by 2.07%.
The Revenue has been growing by 19.97% on average over the past years. This is quite good.
EPS 1Y (TTM)-31.69%
EPS 3Y-3.4%
EPS 5Y1.42%
EPS Q2Q%-25.71%
Revenue 1Y (TTM)2.07%
Revenue growth 3Y25.04%
Revenue growth 5Y19.97%
Sales Q2Q%3.24%
3.2 Future
The Earnings Per Share is expected to grow by 4.22% on average over the next years.
Based on estimates for the next years, MKP will show a quite strong growth in Revenue. The Revenue will grow by 13.90% on average per year.
EPS Next Y-5.83%
EPS Next 2Y2.66%
EPS Next 3Y4.22%
EPS Next 5YN/A
Revenue Next Year6.14%
Revenue Next 2Y10.42%
Revenue Next 3Y13.9%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
MKP is valuated correctly with a Price/Earnings ratio of 13.42.
Based on the Price/Earnings ratio, MKP is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
MKP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.57.
With a Price/Forward Earnings ratio of 10.21, the valuation of MKP can be described as very reasonable.
82.14% of the companies in the same industry are more expensive than MKP, based on the Price/Forward Earnings ratio.
MKP is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 10.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MKP is valued cheaper than 82.14% of the companies in the same industry.
89.29% of the companies in the same industry are more expensive than MKP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.24 | ||
| EV/EBITDA | 53.35 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)9.45
EPS Next 2Y2.66%
EPS Next 3Y4.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.36%, MKP is a good candidate for dividend investing.
MKP's Dividend Yield is comparable with the industry average which is at 5.96.
Compared to an average S&P500 Dividend Yield of 2.00, MKP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.36% |
5.2 History
The dividend of MKP decreases each year by -2.27%.
MKP has paid a dividend for at least 10 years, which is a reliable track record.
MKP has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-2.27%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
MKP pays out 83.27% of its income as dividend. This is not a sustainable payout ratio.
DP83.27%
EPS Next 2Y2.66%
EPS Next 3Y4.22%
TSX:MKP (12/24/2025, 7:00:00 PM)
22.28
-0.08 (-0.36%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners0.15%
Inst Owner ChangeN/A
Ins Owners1.24%
Ins Owner ChangeN/A
Market Cap896.10M
Revenue(TTM)308.54M
Net Income(TTM)65.01M
Analysts76.67
Price Target22.95 (3.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.36% |
Yearly Dividend1.14
Dividend Growth(5Y)-2.27%
DP83.27%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.18%
Min EPS beat(2)5.2%
Max EPS beat(2)13.15%
EPS beat(4)2
Avg EPS beat(4)-14.41%
Min EPS beat(4)-57.87%
Max EPS beat(4)13.15%
EPS beat(8)4
Avg EPS beat(8)-2.81%
EPS beat(12)6
Avg EPS beat(12)2.47%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.88%
PT rev (3m)5.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)2.93%
EPS NY rev (3m)2.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 10.21 | ||
| P/S | 2.9 | ||
| P/FCF | 13.24 | ||
| P/OCF | 12.47 | ||
| P/B | 1.41 | ||
| P/tB | 1.41 | ||
| EV/EBITDA | 53.35 |
EPS(TTM)1.66
EY7.45%
EPS(NY)2.18
Fwd EY9.79%
FCF(TTM)1.68
FCFY7.55%
OCF(TTM)1.79
OCFY8.02%
SpS7.67
BVpS15.82
TBVpS15.82
PEG (NY)N/A
PEG (5Y)9.45
Graham Number24.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 10.21% | ||
| ROCE | 1.87% | ||
| ROIC | 0.78% | ||
| ROICexc | 0.8% | ||
| ROICexgc | 0.81% | ||
| OM | 20.78% | ||
| PM (TTM) | 21.07% | ||
| GM | 43.37% | ||
| FCFM | 21.93% |
ROA(3y)1.48%
ROA(5y)1.54%
ROE(3y)12.94%
ROE(5y)13.21%
ROIC(3y)1.07%
ROIC(5y)1.15%
ROICexc(3y)1.08%
ROICexc(5y)1.18%
ROICexgc(3y)1.08%
ROICexgc(5y)1.18%
ROCE(3y)2.73%
ROCE(5y)3.09%
ROICexgc growth 3Y-6.16%
ROICexgc growth 5Y-12.83%
ROICexc growth 3Y-6.18%
ROICexc growth 5Y-12.84%
OM growth 3Y-14.95%
OM growth 5Y-8.46%
PM growth 3Y-14.89%
PM growth 5Y-8.36%
GM growth 3Y-11.97%
GM growth 5Y-6.34%
F-Score4
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.25 | ||
| Debt/FCF | 77.63 | ||
| Debt/EBITDA | 79.3 | ||
| Cap/Depr | 198.1% | ||
| Cap/Sales | 1.35% | ||
| Interest Coverage | 0.41 | ||
| Cash Conversion | 108.46% | ||
| Profit Quality | 104.09% | ||
| Current Ratio | 0.06 | ||
| Quick Ratio | 0.06 | ||
| Altman-Z | -0.25 |
F-Score4
WACC4.02%
ROIC/WACC0.19
Cap/Depr(3y)205.57%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.68%
Cap/Sales(5y)0.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-31.69%
EPS 3Y-3.4%
EPS 5Y1.42%
EPS Q2Q%-25.71%
EPS Next Y-5.83%
EPS Next 2Y2.66%
EPS Next 3Y4.22%
EPS Next 5YN/A
Revenue 1Y (TTM)2.07%
Revenue growth 3Y25.04%
Revenue growth 5Y19.97%
Sales Q2Q%3.24%
Revenue Next Year6.14%
Revenue Next 2Y10.42%
Revenue Next 3Y13.9%
Revenue Next 5YN/A
EBIT growth 1Y-30.06%
EBIT growth 3Y6.35%
EBIT growth 5Y9.83%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y97.09%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y107.23%
OCF growth 3YN/A
OCF growth 5YN/A
MCAN MORTGAGE CORP / MKP.CA FAQ
What is the ChartMill fundamental rating of MCAN MORTGAGE CORP (MKP.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to MKP.CA.
What is the valuation status of MCAN MORTGAGE CORP (MKP.CA) stock?
ChartMill assigns a valuation rating of 6 / 10 to MCAN MORTGAGE CORP (MKP.CA). This can be considered as Fairly Valued.
How profitable is MCAN MORTGAGE CORP (MKP.CA) stock?
MCAN MORTGAGE CORP (MKP.CA) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for MKP stock?
The Price/Earnings (PE) ratio for MCAN MORTGAGE CORP (MKP.CA) is 13.42 and the Price/Book (PB) ratio is 1.41.
What is the earnings growth outlook for MCAN MORTGAGE CORP?
The Earnings per Share (EPS) of MCAN MORTGAGE CORP (MKP.CA) is expected to decline by -5.83% in the next year.