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.
Research context
Melcor Developments Ltd appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Real Estate
- Industry
- Real Estate - Development
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Melcor Developments Ltd is currently in a long term uptrend where the price is trading 33.2% above its 200 day moving average.
From a valuation standpoint, the stock is 96.8% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 1.8.
Melcor Developments Ltd's total revenue rose by 3.7% to $81M since the same quarter in the previous year.
Its net income has dropped by 100.7% to $-112K since the same quarter in the previous year.
Finally, its free cash flow grew by 146.6% to $19M since the same quarter in the previous year.
Based on the above factors, Melcor Developments Ltd gets an overall score of 4/5.