(MRD) Melcor Developments - Ratings and Ratios

Melcor Developments Ltd. (MRD) is a prominent real estate development company with operations spanning the United States and Canada. Established in 1923 and headquartered in Edmonton, Canada, Melcor operates through four primary divisions: Land, Properties, REIT, and Golf. The company specializes in developing, owning, and managing a diverse portfolio of mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. Additionally, Melcor engages in purchasing and developing land for residential, industrial, and commercial lots, and leases properties across retail, office, and industrial sectors. The company also owns and manages 18-hole golf courses and clubs, enhancing its recreational offerings. As a subsidiary of Melton Holdings Ltd., Melcor is strategically positioned to leverage its extensive experience and resources in the real estate sector.

From a technical standpoint, MRDs stock has shown a short-term downtrend, with the last price of 12.76 slightly below the SMA 20 of 12.86. The SMA 50 and SMA 200 are at 12.72 and 12.37, respectively, indicating a potential longer-term downtrend. The ATR of 0.22 suggests low volatility, which may imply stable price movements. Fundamentally, MRDs market cap is 401.50M CAD, with a high P/E of 34.76 and a lower forward P/E of 5.59, hinting at expected growth. The P/B ratio of 0.32 indicates undervaluation relative to book value, while the P/S of 1.32 reflects moderate revenue generation. The RoE of 0.95 suggests modest profitability.