MCAN Mortgage Corp
TSX:MKP

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MCAN Mortgage Corp
TSX:MKP
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Price: 19.01 CAD 0.64%
Market Cap: 739.5m CAD

Relative Value

The Relative Value of one MKP stock under the Base Case scenario is 34.12 CAD. Compared to the current market price of 19.01 CAD, MCAN Mortgage Corp is Undervalued by 44%.

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
34.12 CAD
Undervaluation 44%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
40
vs Industry
53
Median 3Y
2.4
Median 5Y
2.4
Industry
3
Forward
6
vs History
8
vs Industry
47
Median 3Y
7.7
Median 5Y
7.4
Industry
14.2
Forward
8.8
vs History
33
vs Industry
23
Median 3Y
6.1
Median 5Y
7.7
Industry
9.4
vs History
vs Industry
Median 3Y
-4.2
Median 5Y
-4.2
Industry
12
vs History
1
vs Industry
41
Median 3Y
1
Median 5Y
1
Industry
1.2
vs History
62
vs Industry
11
Median 3Y
19.5
Median 5Y
18.9
Industry
4.6
Forward
44
vs History
14
vs Industry
6
Median 3Y
38.3
Median 5Y
36
Industry
6.9
vs History
24
vs Industry
10
Median 3Y
59.7
Median 5Y
59.4
Industry
13.6
vs History
24
vs Industry
6
Median 3Y
60.2
Median 5Y
60.1
Industry
13.9
vs History
33
vs Industry
5
Median 3Y
45.4
Median 5Y
66.6
Industry
11.7
vs History
33
vs Industry
4
Median 3Y
47.8
Median 5Y
66.9
Industry
12.8
vs History
1
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
731.4m CAD 2.5 9.5 69.2 70.2
US
Rocket Companies Inc
NYSE:RKT
26B USD 4.8 886.1 26.5 28.8
US
Mr Cooper Group Inc
NASDAQ:COOP
7.6B USD 3.4 13.3 21.8 23.2
US
UWM Holdings Corp
NYSE:UWMC
7.6B USD 2.8 530.4 14.2 14.8
US
Federal National Mortgage Association
OTC:FNMA
7.3B USD 0 2 435.8 215.4 215.4
US
MGIC Investment Corp
NYSE:MTG
6.3B USD 5.1 8.3 6.5 6.6
BM
Essent Group Ltd
NYSE:ESNT
6B USD 4.8 8.2 7.1 7.1
US
Enact Holdings Inc
NASDAQ:ACT
5.5B USD 4.5 7.9 6 6
US
PennyMac Financial Services Inc
NYSE:PFSI
5B USD 2 14.7 34.1 39.3
US
Radian Group Inc
NYSE:RDN
4.7B USD 3.7 7.6 7.1 7.7
US
New York Community Bancorp Inc
NYSE:NYCB
4.5B USD 1.4 -1.4 58.1 0