Madison Pacific Cl B (MPC) AI Stock Analysis

• Market Cap: C$307.79M
• Dividend Yield: 8.35%
• Average Volume (3M): 66.00
• Price to Earnings (P/E): 19.1
• Beta (1Y): 0.31
• Revenue Growth: 5.67%
• EPS Growth: N/A
• Country: CA
• Employees: 11
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 7,355,420
• 10 Day Avg. Volume: 10
• 30 Day Avg. Volume: 66
• PEG Ratio: 0.02
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 6.71
• P/FCF Ratio: 20.34
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: C$5.50 ▲(5.57% Upside)

Madison Pacific Cl B's overall stock score is driven by a balanced valuation with a high dividend yield, which is appealing to income investors. However, the company's mixed financial performance, particularly the net loss and negative return on equity, poses significant risks. Technical indicators suggest a neutral market sentiment, with potential for improvement if financial performance stabilizes.

Positive Factors

Strong Cash Flow

The significant growth in free cash flow indicates robust cash generation capabilities, which can support future investments and debt reduction, enhancing long-term financial stability.

Operational Efficiency

A high gross profit margin reflects effective cost control and operational efficiency, which can sustain profitability and competitive advantage over time.

Stable Balance Sheet

A moderate leverage ratio suggests a balanced capital structure, providing the company with financial flexibility to navigate economic fluctuations and invest in growth opportunities.

Negative Factors

Profitability Challenges

Ongoing profitability issues, as evidenced by a negative net profit margin, can hinder the company's ability to generate shareholder value and invest in growth, posing long-term risks.

Negative Return on Equity

A negative return on equity indicates inefficiencies in generating returns from shareholders' investments, which may affect investor confidence and long-term capital raising capabilities.

Mixed Financial Performance

The company's mixed financial performance, highlighted by operational efficiency but marred by net losses, suggests challenges in achieving consistent profitability, impacting long-term growth prospects.

Madison Pacific Cl B Business Overview & Revenue Model

Company Description

Madison Pacific Properties Inc., together with its subsidiaries, owns, develops, and manages office, industrial, commercial, retail, and multi-family rental real estate properties in Metro Vancouver region, British Columbia, Alberta, and Ontario. Its property portfolio comprises interests in 1,655,820 square feet of net rentable area of industrial properties; 126,990 square feet of net rentable area of retail/highway commercial properties; and 116,689 square feet of net rentable area of office properties. The company also provides property management services, including tenant services and relationships, building operations, leasing, lease administration, property accounting and reporting, and project management. In addition, it holds interest in undeveloped residential lands in Mission, British Columbia. The company was formerly known as Princeton Mining Corporation and changed its name to Madison Pacific Properties Inc. in April 1998. Madison Pacific Properties Inc. was incorporated in 1963 and is headquartered in Vancouver, Canada.

How the Company Makes Money

MPC generates revenue primarily through the management of its investment portfolio, which includes fees from asset management services, performance fees tied to the success of its investments, and rental income from its real estate holdings. The company may also engage in strategic partnerships with other firms to co-invest in projects, thereby sharing costs and risks while increasing potential returns. Additionally, MPC could benefit from capital appreciation on its assets, which enhances its overall revenue potential.

Madison Pacific Cl B Financial Statement Overview

Summary

Madison Pacific Cl B exhibits a mixed financial performance. While the company demonstrates operational efficiency and a strong cash flow position, the significant net loss raises concerns about profitability. The balance sheet is stable with moderate leverage, but the negative return on equity highlights challenges in generating shareholder value. The company needs to address its profitability issues to enhance overall financial health.

Income Statement

The company has shown a mixed performance in its income statement. The gross profit margin is strong at 70.7%, indicating efficient cost management. However, the net profit margin is negative due to a substantial net loss, highlighting profitability challenges. Revenue growth is moderate at 9.9%, showing some expansion but not at an aggressive pace. EBIT and EBITDA margins are healthy, suggesting operational efficiency, but the net loss overshadows these positives.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.74, indicating moderate leverage. The equity ratio of 51.8% suggests a solid equity base. However, the return on equity is negative due to the net loss, which is a concern for profitability. Overall, the company maintains a balanced capital structure with manageable debt levels.

Cash Flow

Cash flow analysis shows a strong free cash flow growth rate of 216.9%, indicating improved cash generation capabilities. The operating cash flow to net income ratio is negative due to the net loss, but the free cash flow to net income ratio is positive, reflecting effective cash management. Despite the net loss, the company has managed to generate substantial free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	34.05M	44.49M	40.47M	37.39M	32.79M	31.08M
Gross Profit	23.66M	31.45M	27.50M	26.20M	23.39M	22.84M
EBITDA	38.45M	25.97M	31.26M	39.18M	24.96M	23.89M
Net Income	16.18M	-44.13M	18.62M	63.30M	50.29M	29.98M
Balance Sheet
Total Assets	841.82M	795.45M	853.35M	842.15M	741.34M	697.52M
Cash, Cash Equivalents and Short-Term Investments	16.68M	14.63M	45.16M	41.96M	42.25M	71.45M
Total Debt	349.41M	302.91M	308.78M	310.46M	280.05M	269.20M
Total Liabilities	420.59M	371.73M	377.78M	379.04M	342.19M	324.30M
Stockholders Equity	406.47M	411.95M	462.69M	450.31M	388.01M	364.89M
Cash Flow
Free Cash Flow	5.35M	14.68M	4.63M	9.32M	8.10M	10.95M
Operating Cash Flow	6.55M	14.68M	5.84M	10.89M	9.55M	11.03M
Investing Cash Flow	-10.88M	3.62M	11.27M	-32.14M	-22.79M	-23.19M
Financing Cash Flow	1.97M	-12.62M	-13.91M	20.96M	-15.96M	26.65M

Madison Pacific Cl B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.21
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MPC, the sentiment is Negative. The current price of 5.21 is below the 20-day moving average (MA) of 5.25, below the 50-day MA of 5.24, and above the 200-day MA of 5.12, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.80 is Neutral, neither overbought nor oversold. The STOCH value of 54.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MPC.

Madison Pacific Cl B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IEI	66 Neutral	C$34.73M	7.14	4.45%	2.31%	2.03%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
MPC	58 Neutral	C$307.79M	19.10	3.93%	8.35%	5.67%	―
IVQ	51 Neutral	C$114.26M	-0.77	-31.26%	―	-33.25%	90.14%
BRE	46 Neutral	C$131.35M	-12.19	―	10.31%	58.15%	-235.04%

Madison Pacific Cl B Corporate Events

Madison Pacific Properties Reports Strong Financial Performance for Nine Months Ending September 2025

Madison Pacific Properties Inc. reported a net income of $20.9 million for the nine months ended September 30, 2025, reflecting a significant increase from the previous period. The company’s investment portfolio remains robust, with high occupancy rates in its industrial, commercial, and residential properties, indicating strong market positioning and operational efficiency.

The most recent analyst rating on (TSE:MPC) stock is a Hold with a C$5.50 price target. To see the full list of analyst forecasts on Madison Pacific Cl B stock, see the TSE:MPC Stock Forecast page.