MCAN Mortgage Corp
TSX:MKP

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MCAN Mortgage Corp
TSX:MKP
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Price: 18.5 CAD -0.32% Market Closed
Market Cap: 719.7m CAD

Relative Value

The Relative Value of one MKP stock under the Base Case scenario is 35.91 CAD. Compared to the current market price of 18.5 CAD, MCAN Mortgage Corp is Undervalued by 48%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MKP Relative Value
Base Case
35.91 CAD
Undervaluation 48%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
53
Median 3Y
2.4
Median 5Y
2.4
Industry
3.1
Forward
5.9
vs History
11
vs Industry
47
Median 3Y
7.5
Median 5Y
7.3
Industry
14.6
Forward
8.9
vs History
36
vs Industry
23
Median 3Y
-2.2
Median 5Y
6.7
Industry
9.9
vs History
vs Industry
Median 3Y
-4.2
Median 5Y
-4.1
Industry
12.2
vs History
4
vs Industry
41
Median 3Y
1
Median 5Y
1
Industry
1.3
vs History
66
vs Industry
11
Median 3Y
20.2
Median 5Y
18.9
Industry
4.7
Forward
43.9
vs History
17
vs Industry
6
Median 3Y
37.2
Median 5Y
35.9
Industry
6.8
vs History
26
vs Industry
10
Median 3Y
59.7
Median 5Y
59.3
Industry
13.9
vs History
26
vs Industry
6
Median 3Y
60.2
Median 5Y
60.1
Industry
14.3
vs History
36
vs Industry
5
Median 3Y
-21.2
Median 5Y
46
Industry
11.8
vs History
36
vs Industry
4
Median 3Y
-21.2
Median 5Y
48.4
Industry
12.7
vs History
4
vs Industry
34
Median 3Y
1
Median 5Y
1
Industry
0.9

Multiples Across Competitors

MKP Competitors Multiples
MCAN Mortgage Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
MCAN Mortgage Corp
TSX:MKP
716.3m CAD 2.4 9.2 69 70
US
Rocket Companies Inc
NYSE:RKT
26.4B USD 4.9 897.9 27 29.2
US
UWM Holdings Corp
NYSE:UWMC
9B USD 3.4 628 15.4 15.9
US
Federal National Mortgage Association
OTC:FNMA
8.1B USD 0.1 2 686.8 215.4 215.4
US
Mr Cooper Group Inc
NASDAQ:COOP
6.9B USD 3.1 10.3 18.9 19.8
US
MGIC Investment Corp
NYSE:MTG
6.1B USD 5.1 8.1 6.4 6.5
BM
Essent Group Ltd
NYSE:ESNT
6.1B USD 4.9 8.4 7.2 7.3
US
Enact Holdings Inc
NASDAQ:ACT
5.3B USD 4.4 7.7 5.8 5.8
US
PennyMac Financial Services Inc
NYSE:PFSI
5.2B USD 2.2 16.8 40.9 46.6
US
Radian Group Inc
NYSE:RDN
4.9B USD 3.8 8.1 7.3 7.9
US
New York Community Bancorp Inc
NYSE:NYCB
4.5B USD 1.4 -1.4 58.1 0