Melcor Real Estate Stock Z Score

Stocks . Canada . 
Stock . Melcor Real Estate
MR-UN Stock  CAD 5.44  0.02  0.37%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melcor Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Melcor Real's Capital Lease Obligations is comparatively stable compared to the past year. Change In Working Capital is likely to gain to about 3.2 M in 2025, whereas Capital Stock is likely to drop slightly above 93.9 M in 2025. At this time, Melcor Real's EBIT is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 73 M in 2025, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2025.

Melcor Real Estate Company Z Score Analysis

Melcor Real's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

Melcor Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Melcor Real is extremely important. It helps to project a fair market value of Melcor Stock properly, considering its historical fundamentals such as Z Score. Since Melcor Real's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Melcor Real's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Melcor Real's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

Based on the company's disclosures, Melcor Real Estate has a Z Score of 0.0. This is 100.0% lower than that of the Diversified REITs sector and 100.0% lower than that of the Real Estate industry. The z score for all Canada stocks is 100.0% higher than that of the company.

Melcor Real Current Valuation Drivers

We derive many important indicators used in calculating different scores of Melcor Real from analyzing Melcor Real's financial statements. These drivers represent accounts that assess Melcor Real's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Melcor Real's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap63.1M88.2M71.7M53.8M61.9M105.8M
Enterprise Value502.8M522.6M583.5M469.1M422.2M383.5M

Melcor Fundamentals

Return On Equity-0.14
Return On Asset0.0335
Profit Margin(0.35) %
Operating Margin0.49 %
Current Valuation545.95 M
Shares Outstanding12.96 M
Shares Owned By Insiders29.29 %
Shares Owned By Institutions3.20 %
Number Of Shares Shorted12.65 K
Price To Earning24.44 X
Price To Book0.40 X
Price To Sales2.17 X
Revenue73.9 M
Gross Profit41.55 M
EBITDA34.8 M
Net Income16.31 M
Cash And Equivalents1.76 M
Cash Per Share0.13 X
Total Debt418.64 M
Debt To Equity205.20 %
Current Ratio0.06 X
Book Value Per Share13.49 X
Cash Flow From Operations11.99 M
Short Ratio1.18 X
Earnings Per Share(2.06) X
Target Price3.25
Beta2.19
Market Capitalization157.95 M
Total Asset701 M
Retained Earnings41.07 M
Working Capital(112.36 M)
Five Year Return7.53 %
Net Asset701 M
Last Dividend Paid0.16

About Melcor Real Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Melcor Real Estate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Melcor Real using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Melcor Real Estate based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Melcor Real

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Melcor Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Melcor Real will appreciate offsetting losses from the drop in the long position's value.

Moving together with Melcor Stock

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Moving against Melcor Stock

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The ability to find closely correlated positions to Melcor Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melcor Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Melcor Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Melcor Real Estate to buy it.
The correlation of Melcor Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Melcor Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melcor Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Melcor Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Melcor Stock Analysis

When running Melcor Real's price analysis, check to measure Melcor Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Melcor Real is operating at the current time. Most of Melcor Real's value examination focuses on studying past and present price action to predict the probability of Melcor Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melcor Real's price. Additionally, you may evaluate how the addition of Melcor Real to your portfolios can decrease your overall portfolio volatility.


 
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