Financials Melcor Real Estate Investment Trust

Equities

MR.UN

CA58546R1091

Commercial REITs

Market Closed - Toronto S.E. 20:49:46 28/06/2024 BST 5-day change 1st Jan Change
2.77 CAD -1.42% Intraday chart for Melcor Real Estate Investment Trust -1.07% -33.25%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 106.6 63.03 88.03 71.69 53.8 36.43 -
Enterprise Value (EV) 1 106.6 63.03 88.03 71.69 53.8 36.43 36.43
P/E ratio - - - - - - -
Yield 8.37% 9.08% 6.55% 8.68% 11.6% 1.42% -
Capitalization / Revenue 1.5 x 0.85 x 1.19 x 0.97 x 0.73 x 0.49 x 0.48 x
EV / Revenue 1.5 x 0.85 x 1.19 x 0.97 x 0.73 x 0.49 x 0.48 x
EV / EBITDA 2.7 x 1.56 x 2.16 x 1.81 x 1.36 x 0.93 x 0.91 x
EV / FCF 11.5 x 5.12 x 7.01 x 8.45 x 7.14 x 1.58 x 1.58 x
FCF Yield 8.73% 19.5% 14.3% 11.8% 14% 63.1% 63.1%
Price to Book - - - - - - -
Nbr of stocks (in thousands) 13,133 13,051 12,965 12,963 12,963 12,963 -
Reference price 2 8.120 4.830 6.790 5.530 4.150 2.810 2.810
Announcement Date 05/03/20 04/03/21 03/03/22 08/03/23 06/03/24 - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 71.16 74.57 74.09 74.1 73.9 75 76
EBITDA 1 39.52 40.29 40.8 39.69 39.54 39 40
EBIT - - - - - - -
Operating Margin - - - - - - -
Earnings before Tax (EBT) - - - - - - -
Net income - - - - - - -
Net margin - - - - - - -
EPS - - - - - - -
Free Cash Flow 1 9.31 12.31 12.56 8.484 7.531 23 23
FCF margin 13.08% 16.51% 16.95% 11.45% 10.19% 30.67% 30.26%
FCF Conversion (EBITDA) 23.56% 30.56% 30.78% 21.38% 19.05% 58.97% 57.5%
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.6800 0.4388 0.4450 0.4800 0.4800 0.0400 -
Announcement Date 05/03/20 04/03/21 03/03/22 08/03/23 06/03/24 - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 9.31 12.3 12.6 8.48 7.53 23 23
ROE (net income / shareholders' equity) - - - - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 05/03/20 04/03/21 03/03/22 08/03/23 06/03/24 - -
1CAD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
2.81 CAD
Average target price
3.25 CAD
Spread / Average Target
+15.66%
Consensus

Chiffre d''affaires - Rate of surprise

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