Melcor Developments Ltd.

MRD.TO (TSX: MRD) TSX
Sector: Real Estate · Industry: — · Exchange: TSX
19.00 -0.100 (-0.5%) Market cap: $569.4M
52-week range low 14.53 · Nov 13, 2025high 19.47 · Jul 28, 2026

At a glance

Price chart

Split- and dividend-adjusted. All three lines are rebased to 100 at the start of the range, so the chart compares moves, not prices. L marks a LONG plan, S a SHORT plan — each links to that session's day page.

PriceComposite (XIU.TO, proxy)Sector fund (iShares S&P/TSX Capped REIT Index ETF (XRE.TO))
MRD.TO price, 1M +4% +0% -1% Oct 13, 2026 Nov 12, 2026 Volume
MRD.TO price, 6M +11% +0% -7% May 13, 2026 Nov 12, 2026 Volume
MRD.TO price, 1Y +33% +0% -6% Nov 11, 2025 Nov 12, 2026 Volume
MRD.TO price, 5Y +71% +0% -40% Nov 12, 2021 Nov 10, 2026 Volume
Monthly closes (table version, last 5 years)
Monthly closes, adjusted
MonthClose
2021-1214.24
2022-0114.62
2022-0214.88
2022-0317.49
2022-0415.43
2022-0515.43
2022-0612.09
2022-0714.07
2022-0812.15
2022-0910.84
2022-1010.69
2022-1110.90
2022-1210.65
2023-0111.61
2023-0212.08
2023-0312.03
2023-0411.58
2023-0511.27
2023-0611.35
2023-0711.40
2023-0811.82
2023-0912.24
2023-1011.22
2023-1111.53
2023-1211.26
2024-0111.75
2024-0211.54
2024-0311.49
2024-0411.34
2024-0511.85
2024-0611.60
2024-0712.15
2024-0812.39
2024-0913.22
2024-1012.99
2024-1113.24
2024-1212.90
2025-0112.77
2025-0212.66
2025-0312.41
2025-0412.09
2025-0513.91
2025-0613.86
2025-0714.33
2025-0815.16
2025-0915.10
2025-1014.75
2025-1115.50
2025-1215.24
2026-0116.22
2026-0217.30
2026-0318.17
2026-0418.54
2026-0517.93
2026-0618.60
2026-0718.85
2026-0818.75
2026-0918.50
2026-1018.65
2026-1119.00

The Composite is proxied by XIU.TO (iShares S&P/TSX 60 Index ETF); the database holds no Composite index series. The sector fund is a fund, never the index.

Performance

Over the past year the stock is up 27.5% against +20.0% for the Composite — 7.5 points ahead.

Returns by period; 3Y and 5Y are annualized
Metric1W1M3M6MYTD1Y3Y5Y
Stock+0.1%+1.1%+3.3%+4.9%+24.7%+27.5%+17.4%+5.8%
Sector fund (XRE.TO)-2.1%+0.6%-6.3%-4.7%+0.5%-1.2%+2.1%-5.9%
Composite (XIU.TO, proxy)+1.8%+2.8%-0.1%+9.4%+16.1%+20.0%+22.0%+10.5%
Difference vs Composite-1.7%-1.7%+3.4%-4.5%+8.6%+7.5%-4.5%-4.7%

3Y and 5Y are annualized from 3Y. The Composite is proxied by XIU.TO; the sector fund is iShares S&P/TSX Capped REIT Index ETF (XRE.TO).

Risk and trading

1-year volatility +16.8% (annualized); largest fall from a peak -9.8% (Apr 23, 2026 to May 21, 2026); beta 0.39 against the Composite (2Y weekly).

Risk and trading, prices to Nov 12, 2026
Volatility (1Y, annualized)+16.8%
Maximum drawdown (1Y)-9.8% (Apr 23, 2026 to May 21, 2026)
Beta (2Y weekly, vs Composite)0.39
Average daily volume (3M)5,792
Dollar volume (3M, average per day)$108K
LiquidityModerate (High: $1M or more a day; Moderate: $100K or more; Low: under $100K, by average daily dollar volume.)

Valuation

P/E 6.1 — lower than 82% of Real Estate peers (17 companies). The sector median P/E is 10.2.

Valuation multiples, snapshot Nov 12, 2026
MultipleValueAgainst sector peers
P/E (TTM)6.1 Lower than 82% of peers (17 companies; median 10.2)
Earnings yield16.42%—
P/B0.43 Lower than 79% of peers (19 companies; median 0.62)
P/SNot available: Not available — needs TTM revenue; see financials.—
EV/EBITDA7.6 Lower than 71% of peers (14 companies; median 17.4)
Dividend yield3.14%—
Payout ratioNot available: Not available — no stored dividend history yet.—

Each multiple is shown against the sector median of the pages' universe as a percentile: "lower than 25% of peers" means the value sits below 25% of them. Valuation multiples are from the Nov 12, 2026 snapshot, and are always printed with that date.

More: dividend rate and earnings yield

Dividend rate: 0.60. Earnings yield is earnings per share divided by price — the inverse of P/E.

Financials

Revenue $410.5M in 2025 (TTM $367.0M); net income $58.0M; free cash flow $92.9M. Reporting currency: CAD.

Annual figures, last 4 fiscal years, plus TTM
Metric2022202320242025TTM
Revenue$241.7M$315.2M$349.5M$410.5M$367.0M
Gross margin48.9%45.2%45.0%46.2%—
Net income$89.4M$63.0M$33.5M$58.0M$90.9M
Free cash flow$17.6M$48.1M$97.7M$92.9M$33.8M
Diluted shares31,248,62830,662,45330,367,62630,102,605—

Revenue by year

2022202320242025

Free cash flow by year

2022202320242025
Balance sheet, latest annual row
Cash$74.9M
Total debt$548.7M
Debt-to-equity0.43
Operating margin (latest snapshot, Nov 12, 2026)35.0%

Figures as reported in stored financials; reporting currency CAD. Operating margin is not stored per year, so the latest snapshot value is shown. TTM covers 2025-09-30, 2025-12-31, 2026-03-31, 2026-06-30.

Dividends and splits

Pays a 3.14% trailing dividend yield (as of Nov 12, 2026). No splits on record.

Dividend history, last 5 years
YearDividend per share
Not available: No stored dividend history yet.

Trailing yield 3.14% is the stored key-stats snapshot value (as of Nov 12, 2026) — the dividend history itself is not stored yet, so no history table is shown.

Split history (from the split inventory)
DateActionRatio
Not available: No splits on record for this ticker.

Next ex-dividend date: Not available: No stored ex-dividend dates for equities. Prices on the chart are split- and dividend-adjusted (no splits on record, so nothing to adjust).

Ownership and dilution

Insiders bought 4 times and sold 0 times in the 90 days to Nov 12, 2026. Shares outstanding fell 0.9% over 1 year.

Ownership, insider window 2026-08-14 to 2026-11-12
Insider buys (90 days)4
Insider sell (90 days)0
Shares outstanding change (1Y)-0.9%
Shares outstanding change (3Y)-3.7%
Held by insiders66.92%
Held by institutions8.24%

Counts are by filing date. Holdings are from the key-stats snapshot (as of Nov 12, 2026).

Recent insider trades (20)
Filing dateTypeNameSharesPriceValue
Oct 2, 2026OTHERMELCOR DEVELOPMENTS LTD1,43013.09$19K
Oct 1, 2026OTHERMELCOR DEVELOPMENTS LTD2,03013.20$27K
Sep 30, 2026OTHERMELCOR DEVELOPMENTS LTD2,03012.95$26K
Sep 29, 2026OTHERMELCOR DEVELOPMENTS LTD2,03013.21$27K
Sep 29, 2026OTHERMELCOR DEVELOPMENTS LTD14,48013.22$191K
Sep 29, 2026BUYMELTON (ANDREW JOHN)3,80013.10$50K
Sep 28, 2026OTHERMELCOR DEVELOPMENTS LTD10013.21$1K
Sep 25, 2026BUYMELTON (ANDREW JOHN)1,10013.14$14K
Sep 25, 2026BUYMELTON (ANDREW JOHN)10013.14$1K
Sep 24, 2026OTHERMELCOR DEVELOPMENTS LTD2,03013.12$27K
Sep 23, 2026OTHERMELCOR DEVELOPMENTS LTD2,03013.17$27K
Sep 22, 2026OTHERMELCOR DEVELOPMENTS LTD2,00013.30$27K
Sep 21, 2026OTHERMELCOR DEVELOPMENTS LTD2,03013.25$27K
Sep 18, 2026OTHERMELCOR DEVELOPMENTS LTD2,03013.53$27K
Sep 17, 2026OTHERMELCOR DEVELOPMENTS LTD2,03013.54$27K
Sep 16, 2026OTHERMELCOR DEVELOPMENTS LTD2,03013.57$28K
Sep 16, 2026OTHERMELCOR DEVELOPMENTS LTD14,58013.50$197K
Sep 15, 2026OTHERMELCOR DEVELOPMENTS LTD20013.75$3K
Sep 14, 2026OTHERMELCOR DEVELOPMENTS LTD2,03013.67$28K
Sep 11, 2026OTHERMELCOR DEVELOPMENTS LTD2,03013.66$28K

Peers

Peers in Real Estate, by market cap: FSV.TO, CIGI.TO, AIF.TO, MEQ.TO, MRC.TO, DRM.TO, MPC-C.TO, MPC.TO.

Peers in Real Estate, by market cap (prices to Nov 12, 2026)
TickerPrice1Y %Market capP/EEV/EBITDADiv yield1Y vol
FSV.TO219.31-0.0%$9.19B48.521.20.78%+30.9%
CIGI.TO126.46-40.7%$6.46B64.214.60.32%+38.4%
AIF.TO49.91-0.5%$1.68B—19.81.19%+38.8%
MEQ.TO177.17-3.4%$1.64B9.419.10.18%+18.5%
MRC.TO111.00-5.6%$1.19B4.713.50.73%+15.9%
DRM.TO19.35+5.7%$811.6M92.120.23.95%+30.2%
MPC-C.TO4.50-6.4%$270.5M11.323.42.33%+26.3%
MPC.TO4.40-12.2%$261.6M11.023.22.39%+25.3%

Each row links to its own page when one exists. Peer 1Y returns and volatility use raw closes; peer splits are unadjusted.

analiti.ca history

No published plans for this ticker.

Every published plan for this ticker (outcome under the full ladder; first exit shown second)
DateSideEntryStopFirst exitExitsOutcome (full ladder)First exitHold
Not available: No published plans for this ticker.

The full ladder is the headline method: 40/30/20% at the three exits, the last slice held to stop or end. First exit credits the whole position at the first exit level. Full history: the track record.

Superstock score

Latest score 58.6 (Nov 13, 2026). The score is the published Superstock screen score — nothing else.

Superstock score history
DateScore
Nov 8, 202658.1
Nov 9, 202658.1
Nov 9, 202658.1
Nov 10, 202658.1
Nov 10, 202658.1
Nov 10, 202658.1
Nov 11, 202658.8
Nov 11, 202658.8
Nov 12, 202658.4
Nov 12, 202658.4
Nov 13, 202658.6
Nov 13, 202658.6

Sector condition: Real Estate — Improving (as of Nov 5, 2026). Superstock screen.

Key dates

Next earningsNot available: No company release or exchange notice in the stored data — stored dates are Yahoo-sourced, so none is shown.
Last earningsMar 11, 2015 · EPS 1.46
Next ex-dividendNot available: No stored ex-dividend dates for equities.

The next earnings date is shown only from the company's own release or an exchange notice, with a link. The stored last-earnings date is Yahoo-sourced.

Sources and data notes

BlockSourceAs of
prices, chart, performance, riskdaily_prices (Yahoo)Nov 12, 2026
valuation, market cap, ownershipyahoo_key_stats snapshotNov 12, 2026
financialsfinancials (Yahoo)Jun 30, 2026
plans, resolutionspublished entries-*.json + track-record.jsonNov 12, 2026
insidersinsider_trades (SEDI filings)Nov 12, 2026
splitsSplit inventory (interim table)Nov 5, 2026
sector conditionconditions-2026-11-05.jsonNov 5, 2026
Superstock scoresuperstock_checks + superstock.jsonNov 12, 2026

Not available rules. A field older than its freshness limit shows "not available", never a stale number: prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days. Valuation multiples are always printed with their snapshot date.

Data file: /data/t/MRD.TO.json · Markdown twin: /t/MRD.TO.md

Facts and published history only. Plans are generated by a quant model.