Madison Pacific Cl B (MPC) AI Stock Analysis

• Market Cap: C$277.21M
• Dividend Yield: 8.73%
• Average Volume (3M): 233.00
• Price to Earnings (P/E): 18.0
• Beta (1Y): 0.20
• Revenue Growth: 8.61%
• EPS Growth: N/A
• Country: CA
• Employees: 11
• Sector: Real Estate
• Sector Strength: 55
• Industry: Real Estate - Services
• EPS (TTM): 0.20
• Shares Outstanding: 7,355,420
• 10 Day Avg. Volume: 430
• 30 Day Avg. Volume: 233
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: C$5.50
• Price Target Upside: 7.84% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 61 Neutral
• Price Target: C$5.50 ▲(7.84% Upside)

Madison Pacific Cl B's overall stock score is driven by a balanced valuation with a strong dividend yield, despite mixed financial performance. The technical analysis suggests a neutral outlook, with potential for upward movement. The lack of earnings call and corporate events data limits additional insights.

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. Operational efficiency and strong cash flow position are positives, but the significant net loss raises concerns about profitability. The balance sheet is stable with moderate leverage, yet the negative return on equity highlights challenges in generating shareholder value.

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	33.90M	44.49M	40.47M	37.39M	32.79M	31.08M
Gross Profit	24.06M	31.45M	27.50M	26.20M	23.39M	22.84M
EBITDA	39.52M	25.97M	31.26M	39.18M	24.96M	23.89M
Net Income	17.77M	-44.13M	18.62M	63.30M	50.29M	29.98M
Balance Sheet
Total Assets	840.67M	795.45M	853.35M	842.15M	741.34M	697.52M
Cash, Cash Equivalents and Short-Term Investments	22.39M	14.63M	45.16M	41.96M	42.25M	71.45M
Total Debt	339.06M	302.91M	308.78M	310.46M	280.05M	269.20M
Total Liabilities	412.79M	371.73M	377.78M	379.04M	342.19M	324.30M
Stockholders Equity	411.23M	411.95M	462.69M	450.31M	388.01M	364.89M
Cash Flow
Free Cash Flow	2.89M	14.68M	4.63M	9.32M	8.10M	10.95M
Operating Cash Flow	4.30M	14.68M	5.84M	10.89M	9.55M	11.03M
Investing Cash Flow	-17.36M	3.62M	11.27M	-32.14M	-22.79M	-23.19M
Financing Cash Flow	4.05M	-12.62M	-13.91M	20.96M	-15.96M	26.65M

Madison Pacific Cl B Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.10
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MPC, the sentiment is Neutral. The current price of 5.1 is below the 20-day moving average (MA) of 5.29, below the 50-day MA of 5.33, and above the 200-day MA of 4.77, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 42.20 is Neutral, neither overbought nor oversold. The STOCH value of 11.85 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	72 Outperform	C$36.39M	6.28	5.32%	2.08%	0.60%	―
Sector *	63 Neutral	$7.06B	13.77	-0.50%	7.05%	4.08%	-25.24%
MPC	61 Neutral	C$277.21M	17.98	4.08%	8.73%	8.61%	―
PKTEF	―	$99.42M	9.96	9.18%	―	―	―
BREUF	―	$105.18M	―		8.76%	―	―
MHIVF	―	$84.86M	―	-6.06%	―	―	―
TRBE	―	C$19.26M	―	-130.35%	―	―	―

Madison Pacific Cl B Corporate Events

Madison Pacific Properties Reports Strong Earnings and Leadership Changes

Madison Pacific Properties Inc. reported a net income of $22.4 million for the first half of 2025, showing a significant improvement from the previous year. The company announced the appointment of Dino Di Marco as President and CEO, effective September 1, 2025, and Robert Pringle as a new director. Additionally, a dividend of $0.0525 per share was declared, reflecting the company’s strong financial performance and commitment to shareholder returns.

Madison Pacific Properties Re-elects Directors and Confirms Auditor

Madison Pacific Properties Inc. announced the results of its Annual General Meeting held in Vancouver, where all five nominated directors were re-elected with overwhelming support. Additionally, PricewaterhouseCoopers LLP was re-appointed as the company’s auditor, reflecting stability and continuity in its governance structure.

Madison Pacific Reports Q1 Results and Declares Special Dividend

Madison Pacific Properties Inc. reported a net income of $6.2 million for the three months ended March 31, 2025, a decrease from the previous year’s $14.4 million. The company declared a special cash dividend of $0.34 per share, payable on June 4, 2025, as part of its strategy to return capital to shareholders while continuing to explore real estate opportunities. The company’s investment properties are valued at approximately $731 million, with high occupancy rates in both industrial and residential segments.