Financials Madison Pacific Properties Inc.

Equities

MPC

CA5579031017

Real Estate Development & Operations

Market Closed - Toronto S.E. 09:36:47 14/06/2024 pm IST 5-day change 1st Jan Change
5.37 CAD +7.19% Intraday chart for Madison Pacific Properties Inc. -2.36% -20.80%

Valuation

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Capitalization 1 199.5 182.1 168.9 329.5 388.3 344.1
Enterprise Value (EV) 1 362.3 355.3 370.2 569.1 656.8 607.6
P/E ratio 5.61 x 5.98 x 6.82 x 7.09 x 6.32 x 20.2 x
Yield 2.61% 2.97% 3.02% 1.72% 1.56% 1.68%
Capitalization / Revenue 6.09 x 5.63 x 5.19 x 9.04 x 7.44 x 7.19 x
EV / Revenue 11.1 x 11 x 11.4 x 15.6 x 12.6 x 12.7 x
EV / EBITDA 16.4 x 16.7 x 16.9 x 23.8 x 17.4 x 21.1 x
EV / FCF 24.4 x 42.5 x 62.1 x 44.6 x 27.6 x 63.8 x
FCF Yield 4.1% 2.35% 1.61% 2.24% 3.63% 1.57%
Price to Book 0.75 x 0.61 x 0.56 x 0.92 x 0.89 x 0.8 x
Nbr of stocks (in thousands) 58,571 58,571 58,571 58,571 59,463 59,463
Reference price 2 4.020 3.530 3.480 6.090 6.740 6.260
Announcement Date 28/11/18 26/11/19 27/11/20 25/11/21 25/11/22 23/11/23
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Net sales 1 32.76 32.36 32.53 36.46 52.21 47.83
EBITDA 1 22.1 21.3 21.85 23.94 37.72 28.84
EBIT 1 21.47 20.63 21.1 23.24 36.89 28.09
Operating Margin 65.53% 63.75% 64.87% 63.73% 70.66% 58.73%
Earnings before Tax (EBT) 1 52.64 42.22 36.3 61.87 78.2 24.25
Net income 1 41.98 34.75 29.98 50.29 63.3 18.62
Net margin 128.15% 107.4% 92.18% 137.93% 121.25% 38.94%
EPS 2 0.7168 0.5900 0.5100 0.8586 1.066 0.3100
Free Cash Flow 1 14.87 8.355 5.961 12.76 23.82 9.528
FCF margin 45.39% 25.82% 18.33% 35% 45.62% 19.92%
FCF Conversion (EBITDA) 67.27% 39.22% 27.28% 53.29% 63.15% 33.04%
FCF Conversion (Net income) 35.42% 24.04% 19.88% 25.37% 37.62% 51.17%
Dividend per Share 2 0.1050 0.1050 0.1050 0.1050 0.1050 0.1050
Announcement Date 28/11/18 26/11/19 27/11/20 25/11/21 25/11/22 23/11/23
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Net Debt 1 163 173 201 240 268 264
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 7.363 x 8.132 x 9.209 x 10.01 x 7.119 x 9.138 x
Free Cash Flow 1 14.9 8.35 5.96 12.8 23.8 9.53
ROE (net income / shareholders' equity) 14.4% 10.7% 8.3% 13.9% 15.2% 4.04%
ROA (Net income/ Total Assets) 2.46% 2.14% 1.99% 2.02% 2.91% 2.07%
Assets 1 1,710 1,622 1,508 2,491 2,174 899.3
Book Value Per Share 2 5.330 5.820 6.230 6.620 7.570 7.780
Cash Flow per Share 2 0.7900 0.9700 1.220 0.7200 0.7100 0.7600
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 28/11/18 26/11/19 27/11/20 25/11/21 25/11/22 23/11/23
1CAD in Million2CAD
Estimates
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