MCAN MORTGAGE CORP (MKP.CA) Stock Fundamental Analysis
Canada - TSX:MKP - CA5791761086 - Common Stock
20.96 CAD
-0.06 (-0.29%)
Overall MKP gets a fundamental rating of 3 out of 10. We evaluated MKP against 28 industry peers in the Financial Services industry. MKP may be in some trouble as it scores bad on both profitability and health. 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.
MKP had a negative operating cash flow in the past year.
MKP had positive earnings in each of the past 5 years.
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
MKP has a Return On Assets (1.24%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 11.50%, MKP belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
MKP has a worse Return On Invested Capital (0.88%) than 75.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MKP is below the industry average of 4.85%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.24% | ||
| ROE | 11.5% | ||
| ROIC | 0.88% |
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 23.34% is in line compared to the rest of the industry. MKP outperforms 42.86% of its industry peers.
MKP's Profit Margin has declined in the last couple of years.
MKP's Operating Margin of 22.99% is on the low side compared to the rest of the industry. MKP is outperformed by 75.00% of its industry peers.
In the last couple of years the Operating Margin of MKP has declined.
MKP has a Gross Margin of 44.46%. This is in the better half of the industry: MKP outperforms 67.86% of its industry peers.
MKP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.99% | ||
| PM (TTM) | 23.34% | ||
| GM | 44.46% |
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.
The number of shares outstanding for MKP has been increased compared to 1 year ago.
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 -0.30. This is a bad value and indicates that MKP is not financially healthy and even has some risk of bankruptcy.
MKP's Altman-Z score of -0.30 is on the low side compared to the rest of the industry. MKP is outperformed by 96.43% of its industry peers.
A Debt/Equity ratio of 8.21 is on the high side and indicates that MKP has dependencies on debt financing.
MKP's Debt to Equity ratio of 8.21 is on the low side compared to the rest of the industry. MKP is outperformed by 82.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.21 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.3 |
ROIC/WACC0.22
WACC4.03%
2.3 Liquidity
A Current Ratio of 0.05 indicates that MKP may have some problems paying its short term obligations.
The Current ratio of MKP (0.05) is worse than 67.86% of its industry peers.
MKP has a Quick Ratio of 0.05. 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 0.05, MKP is doing worse than 67.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
The earnings per share for MKP have decreased strongly by -18.58% 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.
Looking at the last year, MKP shows a quite strong growth in Revenue. The Revenue has grown by 8.76% in the last 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)-18.58%
EPS 3Y-3.4%
EPS 5Y1.42%
EPS Q2Q%-1.92%
Revenue 1Y (TTM)8.76%
Revenue growth 3Y25.04%
Revenue growth 5Y19.97%
Sales Q2Q%7.3%
3.2 Future
Based on estimates for the next years, MKP will show a small growth in Earnings Per Share. The EPS will grow by 5.40% on average per year.
MKP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.90% yearly.
EPS Next Y-8.51%
EPS Next 2Y1.71%
EPS Next 3Y5.4%
EPS Next 5YN/A
Revenue Next Year6.14%
Revenue Next 2Y10.42%
Revenue Next 3Y13.9%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 11.39, the valuation of MKP can be described as very reasonable.
Based on the Price/Earnings ratio, MKP is valued cheaper than 82.14% of the companies in the same industry.
MKP is valuated cheaply when we compare the Price/Earnings ratio to 27.69, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 9.79, the valuation of MKP can be described as reasonable.
82.14% of the companies in the same industry are more expensive than MKP, based on the Price/Forward Earnings ratio.
MKP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.18.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.39 | ||
| Fwd PE | 9.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MKP is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 43.79 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)8.02
EPS Next 2Y1.71%
EPS Next 3Y5.4%
5. Dividend
5.1 Amount
MKP has a Yearly Dividend Yield of 7.80%, which is a nice return.
MKP's Dividend Yield is comparable with the industry average which is at 6.69.
MKP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.8% |
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.
The dividend of MKP decreased in the last 3 years.
Dividend Growth(5Y)-2.27%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
MKP pays out 74.01% of its income as dividend. This is not a sustainable payout ratio.
DP74.01%
EPS Next 2Y1.71%
EPS Next 3Y5.4%
TSX:MKP (10/17/2025, 7:00:00 PM)
20.96
-0.06 (-0.29%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners0.14%
Inst Owner ChangeN/A
Ins Owners1.3%
Ins Owner ChangeN/A
Market Cap841.75M
Analysts76.67
Price Target21.68 (3.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.8% |
Yearly Dividend1.14
Dividend Growth(5Y)-2.27%
DP74.01%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.46%
Min EPS beat(2)-18.13%
Max EPS beat(2)5.2%
EPS beat(4)2
Avg EPS beat(4)-3.32%
Min EPS beat(4)-57.87%
Max EPS beat(4)57.52%
EPS beat(8)3
Avg EPS beat(8)-7.58%
EPS beat(12)5
Avg EPS beat(12)0.4%
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)6.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.93%
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 | 11.39 | ||
| Fwd PE | 9.79 | ||
| P/S | 2.75 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.36 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 43.79 |
EPS(TTM)1.84
EY8.78%
EPS(NY)2.14
Fwd EY10.22%
FCF(TTM)-3.91
FCFYN/A
OCF(TTM)-3.76
OCFYN/A
SpS7.62
BVpS15.46
TBVpS15.46
PEG (NY)N/A
PEG (5Y)8.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.24% | ||
| ROE | 11.5% | ||
| ROCE | 2.27% | ||
| ROIC | 0.88% | ||
| ROICexc | 0.9% | ||
| ROICexgc | 0.91% | ||
| OM | 22.99% | ||
| PM (TTM) | 23.34% | ||
| GM | 44.46% | ||
| FCFM | N/A |
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%
ROICexcg growth 3Y-6.16%
ROICexcg 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-Score2
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.21 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 70.7 | ||
| Cap/Depr | 350.31% | ||
| Cap/Sales | 2.03% | ||
| Interest Coverage | 0.46 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | -0.3 |
F-Score2
WACC4.03%
ROIC/WACC0.22
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)-18.58%
EPS 3Y-3.4%
EPS 5Y1.42%
EPS Q2Q%-1.92%
EPS Next Y-8.51%
EPS Next 2Y1.71%
EPS Next 3Y5.4%
EPS Next 5YN/A
Revenue 1Y (TTM)8.76%
Revenue growth 3Y25.04%
Revenue growth 5Y19.97%
Sales Q2Q%7.3%
Revenue Next Year6.14%
Revenue Next 2Y10.42%
Revenue Next 3Y13.9%
Revenue Next 5YN/A
EBIT growth 1Y-14.94%
EBIT growth 3Y6.35%
EBIT growth 5Y9.83%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-5223.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-5744.37%
OCF growth 3YN/A
OCF growth 5YN/A