MCAN MORTGAGE CORP (MKP.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:MKP • CA5791761086
23.32 CAD
+0.09 (+0.39%)
Last: Feb 9, 2026, 07:00 PM
MKP gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 27 industry peers in the Financial Services industry. Both the profitability and financial health of MKP have multiple concerns. MKP has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year MKP was profitable.
- In the past year MKP had a positive cash flow from operations.
- MKP had positive earnings in each of the past 5 years.
- In multiple years MKP reported negative operating cash flow during the last 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 1.10%, MKP is in line with its industry, outperforming 48.15% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 10.21%, MKP belongs to the top of the industry, outperforming 81.48% of the companies in the same industry.
- MKP has a worse Return On Invested Capital (0.78%) than 77.78% of its industry peers.
- MKP had an Average Return On Invested Capital over the past 3 years of 1.07%. This is significantly below the industry average of 8.08%.
| 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 has a Profit Margin of 21.07%. This is comparable to the rest of the industry: MKP outperforms 51.85% of its industry peers.
- In the last couple of years the Profit Margin of MKP has declined.
- MKP's Operating Margin of 20.78% is on the low side compared to the rest of the industry. MKP is outperformed by 70.37% of its industry peers.
- In the last couple of years the Operating Margin of MKP has declined.
- The Gross Margin of MKP (43.37%) is better than 70.37% 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
- MKP has more shares outstanding than it did 5 years ago.
- MKP has about the same debt/assets ratio as last year.
2.2 Solvency
- MKP has an Altman-Z score of -0.24. This is a bad value and indicates that MKP is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of MKP (-0.24) is worse than 92.59% of its industry peers.
- 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's Debt to FCF ratio of 77.63 is in line compared to the rest of the industry. MKP outperforms 40.74% 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.
- The Debt to Equity ratio of MKP (8.25) is worse than 85.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.25 | ||
| Debt/FCF | 77.63 | ||
| Altman-Z | -0.24 |
ROIC/WACC0.17
WACC4.73%
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 74.07% of the companies in the same industry.
- A Quick Ratio of 0.06 indicates that MKP may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.06, MKP is doing worse than 74.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.06 | ||
| Quick Ratio | 0.06 |
3. Growth
3.1 Past
- MKP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -31.69%.
- Measured over the past 5 years, MKP shows a small growth in Earnings Per Share. The EPS has been growing by 1.42% on average per year.
- The Revenue has been growing slightly by 2.07% in the past year.
- Measured over the past years, MKP shows a quite strong growth in Revenue. The Revenue has been growing by 19.97% on average per year.
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
- MKP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.22% yearly.
- The Revenue is expected to grow by 13.90% on average over the next years. This is quite good.
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.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 14.05, MKP is valued correctly.
- Based on the Price/Earnings ratio, MKP is valued a bit cheaper than 70.37% of the companies in the same industry.
- When comparing the Price/Earnings ratio of MKP to the average of the S&P500 Index (28.06), we can say MKP is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 10.69, the valuation of MKP can be described as reasonable.
- 74.07% of the companies in the same industry are more expensive than MKP, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.86, MKP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.05 | ||
| Fwd PE | 10.69 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MKP is valued a bit cheaper than the industry average as 74.07% of the companies are valued more expensively.
- MKP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MKP is cheaper than 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.86 | ||
| EV/EBITDA | 53.98 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)9.89
EPS Next 2Y2.66%
EPS Next 3Y4.22%
5. Dividend
5.1 Amount
- MKP has a Yearly Dividend Yield of 7.18%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.61, MKP has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.80, MKP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.18% |
5.2 History
- The dividend of MKP decreases each year by -2.27%.
- MKP has been paying a dividend for at least 10 years, so it has 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 (2/9/2026, 7:00:00 PM)
23.32
+0.09 (+0.39%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)03-03 2026-03-03
Inst Owners0.15%
Inst Owner ChangeN/A
Ins Owners1.24%
Ins Owner ChangeN/A
Market Cap937.93M
Revenue(TTM)308.54M
Net Income(TTM)65.01M
Analysts76.67
Price Target22.95 (-1.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.18% |
Yearly Dividend1.14
Dividend Growth(5Y)-2.27%
DP83.27%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
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)0%
PT rev (3m)5.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
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 | 14.05 | ||
| Fwd PE | 10.69 | ||
| P/S | 3.04 | ||
| P/FCF | 13.86 | ||
| P/OCF | 13.06 | ||
| P/B | 1.47 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | 53.98 |
EPS(TTM)1.66
EY7.12%
EPS(NY)2.18
Fwd EY9.36%
FCF(TTM)1.68
FCFY7.21%
OCF(TTM)1.79
OCFY7.66%
SpS7.67
BVpS15.82
TBVpS15.82
PEG (NY)N/A
PEG (5Y)9.89
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 | -0.24 |
F-Score4
WACC4.73%
ROIC/WACC0.17
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.
Can you provide the valuation status for MCAN MORTGAGE CORP?
ChartMill assigns a valuation rating of 5 / 10 to MCAN MORTGAGE CORP (MKP.CA). This can be considered as Fairly Valued.
What is the profitability of MKP 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 14.05 and the Price/Book (PB) ratio is 1.47.
What is the expected EPS growth for MCAN MORTGAGE CORP (MKP.CA) stock?
The Earnings per Share (EPS) of MCAN MORTGAGE CORP (MKP.CA) is expected to decline by -5.83% in the next year.