MCAN Mortgage Corp
TSX:MKP

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MCAN Mortgage Corp
TSX:MKP
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Price: 19.17 CAD 0.79% Market Closed
Market Cap: 750.9m CAD

Relative Value

The Relative Value of one MKP stock under the Base Case scenario is 27.52 CAD. Compared to the current market price of 19.17 CAD, MCAN Mortgage Corp is Undervalued by 30%.

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
27.52 CAD
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
41
vs Industry
53
Median 3Y
2.4
Median 5Y
2.4
Industry
3.1
Forward
6.1
vs History
6
vs Industry
47
Median 3Y
7.8
Median 5Y
7.4
Industry
15
Forward
9
vs History
vs Industry
23
Median 3Y
-2.2
Median 5Y
6.1
Industry
9.9
vs History
vs Industry
Median 3Y
-4.2
Median 5Y
-4.2
Industry
12.5
vs History
4
vs Industry
41
Median 3Y
1
Median 5Y
1
Industry
1.3
vs History
63
vs Industry
11
Median 3Y
19.4
Median 5Y
18.9
Industry
4.7
Forward
44.7
vs History
17
vs Industry
6
Median 3Y
38.3
Median 5Y
36.1
Industry
6.9
vs History
12
vs Industry
10
Median 3Y
59.9
Median 5Y
59.6
Industry
13.9
vs History
12
vs Industry
6
Median 3Y
60.5
Median 5Y
60.2
Industry
14.2
vs History
vs Industry
5
Median 3Y
-21.2
Median 5Y
45.4
Industry
12.1
vs History
vs Industry
4
Median 3Y
-21.2
Median 5Y
47.8
Industry
13
vs History
3
vs Industry
34
Median 3Y
1
Median 5Y
1
Industry
1

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
750.1m CAD 2.5 10.6 76.4 78.1
US
Rocket Companies Inc
NYSE:RKT
27.5B USD 5.4 9 930.5 43.1 49
US
Federal National Mortgage Association
OTC:FNMA
11.5B USD 0.1 3 833.3 215.6 215.6
US
Mr Cooper Group Inc
NASDAQ:COOP
9.3B USD 4.2 16.1 23.6 25.2
US
MGIC Investment Corp
NYSE:MTG
6.5B USD 5.3 8.4 6.7 6.8
US
UWM Holdings Corp
NYSE:UWMC
6.3B USD 2.3 -792.8 13 13.5
BM
Essent Group Ltd
NYSE:ESNT
6.1B USD 4.8 8.4 7.1 7.2
US
Enact Holdings Inc
NASDAQ:ACT
5.4B USD 4.4 7.8 5.9 5.9
US
Federal Home Loan Mortgage Corp
OTC:FMCC
5.3B USD 0 -97.6 28.6 28.6
US
Radian Group Inc
NYSE:RDN
4.9B USD 3.8 8.2 7.4 8.2
US
PennyMac Financial Services Inc
NYSE:PFSI
4.9B USD 1.9 14 33.8 39