Melcor Developments Ltd. (MODVF) Stock
Melcor Developments Ltd., established in 1923 and headquartered in Edmonton, Canada, is a prominent real estate development firm operating across both the United States and Canada. The company segments its operations into Community Development, Property Development, REIT, Investment Property, and Recreational Property divisions.
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About Melcor Developments Ltd.
Melcor Developments Ltd., established in 1923 and headquartered in Edmonton, Canada, is a prominent real estate development firm operating across both the United States and Canada. The company segments its operations into Community Development, Property Development, REIT, Investment Property, and Recreational Property divisions. Melcor's core business involves the development, management, and ownership of a diverse portfolio of assets, including integrated residential communities, business and industrial parks, office buildings, retail complexes, and golf courses. Its activities range from acquiring and preparing land for sale as residential, industrial, and commercial lots, to constructing and leasing various retail, office, and industrial properties. Furthermore, Melcor holds and leases a variety of commercial, retail, and residential properties, along with parking facilities and undeveloped land. A notable aspect of its operations is the ownership and management of three distinct 18-hole golf courses.
Melcor Developments Ltd. is headquartered in CA.
Melcor Developments Ltd. (MODVF) stock trades at $13.52 with a market capitalization of $406.10M. The stock is valued at a price-to-earnings (P/E) ratio of 7.50, price-to-book of 0.44, price-to-sales of 1.40. Over the past 52 weeks the stock has ranged between $10.15 and $14.04, and currently trades 3.7% below its 52-week high. It pays a dividend yielding 1.55%.
On profitability, Melcor Developments Ltd. generates a return on equity (ROE) of 6.06%, return on capital employed of 7.61%, an operating margin of 36.01%, a net profit margin of 18.80%.
Official website: www.melcor.ca