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Madison Pacific Cl B
(TSX:MPC)
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Rating:54Neutral
Price Target:
C$5.00
▲(2.46% Upside)
Action:Reiterated
Date:08/26/26
The score is primarily held back by volatile profitability and relatively weak cash-flow coverage of debt, despite solid revenue momentum and moderate leverage. Technical indicators also point to weak near-term momentum, while valuation appears reasonable and the latest corporate update is supportive due to strong occupancy and continued dividends.
Positive Factors
Strong Revenue Growth
Sustained revenue expansion, including the sharp 2025 acceleration, indicates stronger operating momentum and potentially broader tenant or asset contributions. Continued top-line growth can support recurring rental income and improve the platform for future cash generation.
Negative Factors
Volatile Profitability
The sharp earnings swing makes underlying performance difficult to forecast and reduces confidence in reported profit as a stable measure of operating strength. This variability could complicate dividend planning, reinvestment decisions, and debt management over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
Sustained revenue expansion, including the sharp 2025 acceleration, indicates stronger operating momentum and potentially broader tenant or asset contributions. Continued top-line growth can support recurring rental income and improve the platform for future cash generation.
Read all positive factors
Madison Pacific Cl B (MPC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$255.08M
Dividend Yield2.21%
Average Volume (3M)831.00
Price to Earnings (P/E)13.2
Beta (1Y)0.14
Revenue Growth5.29%
EPS Growth34.49%
CountryCA
Employees12
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)0.38
Shares Outstanding7,355,420
10 Day Avg. Volume1,315
30 Day Avg. Volume831
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)0.78
Price to Sales (P/S)6.92
P/FCF Ratio21.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Madison Pacific Cl B Business Overview & Revenue Model
Company Description
Madison Pacific Properties Inc. invests in, develops, owns, and operates real estate properties in Canada. The company’s property portfolio comprises industrial, commercial, multi family, retail and office rental properties. It also provides prope...
Madison Pacific Cl B Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
62
Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2025 | Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 47.91M | 45.82M | 44.49M | 40.47M | 37.39M | 32.79M |
| Gross Profit | 31.80M | 29.59M | 31.45M | 27.50M | 26.20M | 23.39M |
| EBITDA | 48.46M | 55.90M | 25.97M | 31.26M | 39.18M | 24.96M |
| Net Income | 23.78M | 26.15M | -44.13M | 18.62M | 63.30M | 50.29M |
Balance Sheet | ||||||
| Total Assets | 881.13M | 850.60M | 795.45M | 853.35M | 842.15M | 741.34M |
| Cash, Cash Equivalents and Short-Term Investments | 19.27M | 16.68M | 14.63M | 45.16M | 41.96M | 42.25M |
| Total Debt | 362.47M | 347.45M | 302.91M | 308.78M | 310.46M | 280.05M |
| Total Liabilities | 436.93M | 418.66M | 371.73M | 377.78M | 379.04M | 342.19M |
| Stockholders Equity | 428.76M | 406.47M | 411.95M | 462.69M | 450.31M | 388.01M |
Cash Flow | ||||||
| Free Cash Flow | 22.35M | 14.85M | 14.68M | 4.63M | 9.32M | 8.10M |
| Operating Cash Flow | 22.35M | 14.85M | 14.68M | 5.84M | 10.89M | 9.55M |
| Investing Cash Flow | -36.44M | -15.43M | 3.62M | 11.27M | -32.14M | -22.79M |
| Financing Cash Flow | 10.97M | 855.00K | -12.62M | -13.91M | 20.96M | -15.96M |
Madison Pacific Cl B Technical Analysis
Positive
4.88
Price Trends
4.79
Positive
4.87
Negative
4.93
Negative
Market Momentum
<0.01
Negative
52.14
Neutral
51.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MPC, the sentiment is Positive. The current price of 4.88 is above the 20-day moving average (MA) of 4.80, above the 50-day MA of 4.79, and below the 200-day MA of 4.93, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.14 is Neutral, neither overbought nor oversold. The STOCH value of 51.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MPC.
Madison Pacific Cl B Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
65 Neutral | C$44.18M | 8.84 | 3.54% | 2.14% | -0.76% | -20.95% | |
60 Neutral | C$114.79M | 8.47 | 8.51% | ― | -15.23% | 0.74% | |
54 Neutral | C$255.08M | 13.24 | 5.68% | 2.21% | 5.29% | 34.49% | |
46 Neutral | C$32.06M | 13.52 | -2.50% | 39.94% | -6.17% | ― | |
42 Neutral | C$91.56M | -1.90 | -40.58% | 23.12% | -92.36% | 80.14% | |
42 Neutral | C$10.25M | -2.24 | -101.91% | ― | 0.89% | 33.06% |
* Real Estate Sector Average
TSE:MPC
Madison Pacific Cl B
4.86
-0.24
-4.79%
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Madison Pacific Cl B Corporate Events
Business Operations and StrategyDividendsFinancial Disclosures
Madison Pacific Properties Posts Lower Profit but Maintains Strong Occupancy and Declares Dividend
Positive
Aug 13, 2026
Madison Pacific Properties Inc., a Vancouver-based real estate owner and developer, reported net income of $16.0 million for the six months ended June 30, 2026, down from $22.4 million a year earlier, mainly due to a smaller fair value gain on inv...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.