Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesMelcor Developments Ltd.

Melcor Developments Ltd.

Real Estate Real Estate - Development
PortfolioPortfolio WatchlistWatchlist
Company price
19.0 CAD -0.09 ( 0.47%)
Last update at 2026-11-05T14:31:00Z
VOLUME
120
Market Cap
559.91M
P/E
9.74

Momentum Score

…

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, and Golf divisions. The company develops, owns, and manages mixed-use residential, business industrial parks, office buildings, retail commercial centers, and golf courses. It also purchases and develops land to be sold as residential communities, industrial, and commercial projects; develops and leases retail, office, and industrial properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. In addition, the company owns and manages 18-hole golf courses. The company was founded in 1923 and is based in Edmonton, Canada. Melcor Developments Ltd. operates as a subsidiary of Melton Holdings Ltd.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
19.00
Low
19.00
High
52 Week Price Range
11.13
Low
18.68
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Melcor Developments Ltd is a Western Canada real estate company, primarily in Alberta, that develops, owns and manages residential and commercial properties. Long-term growth may benefit from regional housing demand, recurring rental income, and land-sale or redevelopment optionality, making it attractive for investors seeking diversified property exposure and potential steady cash flow.
Key risks include cyclical real estate markets, sensitivity to Alberta's energy-driven economy, interest-rate and financing exposure, geographic concentration and tenant/occupancy risk.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
19.09
Dividend Yield
2.58%
Revenue TTM
410.55M
Revenue Per Share
13.59
Gross Profit TTM
189.65M
Debt / Equity
0.43
ROE
4.50%
Net Debt
473.86M
ROCE
6.71%
Diluted EPS TTM
1.91

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 106.34M 54.93M 75.78M 112.42M 78.89M
Net income 58.02M 33.53M 62.98M 89.35M 56.31M
Selling general administrative 29.15M 28.44M 21.65M 22.13M 21.03M
Selling and marketing expenses - 1.29M 0.98M 0.54M 0.53M
Gross profit 188.26M 157.39M 142.35M 118.26M 140.13M
Reconciled depreciation 1.16M 1.25M 1.26M 1.35M 1.33M
Ebit 133.91M 81.78M 103.51M 126.97M 82.15M
Ebitda 135.07M 83.03M 104.77M 115.32M 83.48M
Depreciation and amortization 1.16M 1.25M 1.26M -11.65M 1.33M
Operating income 160.27M 84.22M 106.87M 126.97M 82.15M
Other operating expenses 250.28M 265.29M 208.37M 146.51M 228.96M
Interest expense 27.57M 26.85M 39.48M 24.43M 22.85M
Tax provision 48.32M 21.40M 12.80M 23.06M 22.58M
Interest income 4.42M 34.02M 3.21M 7.58M 32.39M
Net interest income -23.16M -29.74M -31.26M -15.84M -27.37M
Income tax expense 48.32M 21.40M 12.80M 23.06M 22.58M
Total revenue 410.55M 349.50M 315.24M 241.75M 315.63M
Total operating expenses 28.00M 73.17M 35.48M 23.02M 53.46M
Cost of revenue 222.28M 192.12M 172.89M 123.48M 175.50M
Total other income expense net -53.93M -29.28M -31.09M -14.55M -3.26M
Net income from continuing ops 58.02M 33.53M 62.98M 89.35M 56.31M
Net income applicable to common shares - 33.53M 62.98M 89.35M 56.31M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 2051.14M 2108.55M 2097.47M 2167.05M 2113.93M
Other current assets - - -904.66M 22.26M 4.82M
Total liab 783.06M 865.92M 887.89M 988.71M 997.46M
Total stockholder equity 1268.07M 1242.63M 1209.58M 1178.34M 1116.47M
Deferred long term liab - - - 34.01M 31.16M
Other current liab 35.65M - 28.98M 32.47M 44.83M
Common stock 69.70M - 69.49M 70.22M 73.30M
Capital stock 69.70M 69.87M 69.49M 70.22M 73.30M
Retained earnings 1166.56M 1126.90M 1110.39M 1073.71M 1020.58M
Other liab - - - 122.91M 135.86M
Other assets - - - 2.76M 31.16M
Cash 74.88M 54.34M 36.41M 80.47M 59.92M
Cash and equivalents - - - 80.47M 59.92M
Total current liabilities 55.15M 57.54M 47.66M 51.74M 54.64M
Current deferred revenue - - -45.58M - -
Net debt 473.86M 557.00M 633.76M 659.90M 656.99M
Short term debt - - 45.58M 0.00M 0.00M
Short long term debt total 548.74M - 670.17M 740.37M 716.91M
Other stockholder equity 4.84M - -1105.35M 4.81M 4.73M
Property plant equipment - - - 12.24M 1131.69M
Total current assets 288.24M 995.64M 937.88M 965.84M 928.71M
Net tangible assets - - - 1178.34M 1116.47M
Short term investments 0.00M 3.77M 7.07M - -
Net receivables 213.35M 175.26M 139.70M 113.61M 138.16M
Long term debt 548.74M 611.34M 670.17M 740.37M 716.91M
Inventory 716.62M 708.05M 728.55M 749.50M 725.81M
Accounts payable 19.51M 19.26M 18.68M 19.27M 9.81M
Accumulated other comprehensive income 26.97M - 24.66M 29.60M 17.86M
Non currrent assets other 842.67M 49.80M 1143.67M 1188.98M 1172.33M
Non current assets total 1762.90M 1112.91M 1159.59M 1201.21M 1185.22M
Long term debt total - - - 740.37M 716.91M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 3.77M 2.69M 4.63M 18.33M -17.68M
Change to liabilities - - - 0.00M 0.00M
Total cashflows from investing activities 84.95M 2.69M 4.63M 18.33M -17.68M
Net borrowings -60.34M -64.06M -71.11M 22.83M -6.37M
Total cash from financing activities -157.28M -82.08M -98.97M -17.26M -24.56M
Change to operating activities - - - -21.56M 14.71M
Net income 58.02M 33.53M 62.98M 89.35M 56.31M
Change in cash 19.22M 19.65M -45.77M 20.55M 30.72M
Begin period cash flow 55.67M 34.69M 80.47M 59.92M 29.20M
End period cash flow 74.88M 54.34M 34.69M 80.47M 59.92M
Total cash from operating activities 92.55M 98.63M 48.81M 18.35M 72.82M
Issuance of capital stock - - 0.00M 0.03M 0.22M
Depreciation 1.16M 1.25M 1.26M 1.35M 1.33M
Other cashflows from investing activities - 23.58M 5.35M 35.07M 6.35M
Dividends paid 14.49M -13.40M -19.76M 18.66M 14.53M
Change to inventory -2.66M 40.50M -4.80M -44.65M 35.08M
Change to account receivables -41.49M -31.34M -28.84M 30.51M -54.40M
Sale purchase of stock -4.78M -4.33M -8.10M -21.43M -3.35M
Other cashflows from financing activities -77.17M -0.29M 4.63M 146.59M 149.19M
Change to netincome - - - -39.97M 14.66M
Capital expenditures 0.67M 0.93M 0.72M 0.73M 1.22M
Change in working capital -23.37M 14.01M -35.46M -20.60M 3.44M
Stock based compensation 1.33M 1.24M 1.06M 0.84M 1.13M
Other non cash items 56.74M 45.64M 19.31M -60.82M 5.92M
Free cash flow 91.88M 97.69M 48.09M 17.62M 71.60M

Peer Comparison*

Sector: Real Estate Industry: Real Estate - Development

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MRD
Melcor Developments Ltd.		 -0.09
0.47%		 19.00 9.74 5.59 1.36 0.44 2.52 7.90
DRM
Dream Unlimited Corp		 -
-%		 17.82 - 11.72 1.77 0.56 5.79 38.37
GDC
Genesis Land Development Corp.		 0.04
1.10%		 3.69 4.90 24.04 0.51 0.64 0.82 4.99

Profile*

Melcor Developments Ltd.

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, and Golf divisions. The company develops, owns, and manages mixed-use residential, business industrial parks, office buildings, retail commercial centers, and golf courses. It also purchases and develops land to be sold as residential communities, industrial, and commercial projects; develops and leases retail, office, and industrial properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. In addition, the company owns and manages 18-hole golf courses. The company was founded in 1923 and is based in Edmonton, Canada. Melcor Developments Ltd. operates as a subsidiary of Melton Holdings Ltd.

10310 Jasper Avenue NW, Edmonton, AB, Canada, T5J 1Y8

780 423 6931

https://www.melcor.ca

140

Name Title Year Born
Mr. Timothy Charles Melton CEO & Exec. Chairman NA
Ms. Naomi Marie Stefura C.A., CA Exec. VP, CFO & Sec. NA
Ms. Nicole Forsythe Director of Corp. Communication NA
Mr. Jarett Thompson Vice-Pres of New Leasing & Sales NA
Mr. Brett A. Halford Vice-Pres of Recreational Properties NA
Mr. Guy Pelletier Vice-Pres of Red Deer Region NA
Mr. Ryan Mott Regional Mang. of USA NA
Ms. Susan Keating Vice-Pres, Community Devel. Edmonton NA
Ms. Leah Margiotta Vice-Pres of Property Devel. NA
Mr. Timothy Charles Melton CEO & Executive Chairman NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

THX
CAD 1.01
+9.78%
LIF
CAD 21.88
+7.84%
CIA
CAD 2.04
+6.25%
MDA
CAD 38.77
+5.76%
SXGC
CAD 8.56
+5.42%
GIL
CAD 46.32
-23.36%
NOA
CAD 12.40
-22.50%
ITH
CAD 1.95
-20.08%
TNZ
CAD 53.00
-14.24%
LSPD
CAD 14.00
-13.26%

Equity Sectors*

  • Basic Materials

    +0.02%

  • Communication Services

    +1.01%

  • Consumer Cyclical

    -1.14%

  • Consumer Defensive

    -0.06%

  • Energy

    -0.86%

  • Financial Services

    -0.32%

  • Healthcare

    -0.69%

  • Industrials

    -1.25%

  • Real Estate

    +0.16%

  • Technology

    -1.66%

  • Utilities

    -0.04%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…