Download PDF

1. Company Snapshot

1.a. Company Description

Madison Pacific Properties Inc., together with its subsidiaries, owns, develops, and manages office, industrial, commercial, retail, and multi-family rental real estate properties in Metro Vancouver region, British Columbia, Alberta, and Ontario.Its property portfolio comprises interests in 1,655,820 square feet of net rentable area of industrial properties; 126,990 square feet of net rentable area of retail/highway commercial properties; and 116,689 square feet of net rentable area of office properties.The company also provides property management services, including tenant services and relationships, building operations, leasing, lease administration, property accounting and reporting, and project management.


In addition, it holds interest in undeveloped residential lands in Mission, British Columbia.The company was formerly known as Princeton Mining Corporation and changed its name to Madison Pacific Properties Inc.in April 1998.


Madison Pacific Properties Inc.was incorporated in 1963 and is headquartered in Vancouver, Canada.

Show Full description

1.b. Last Insights on MPC

Madison Pacific Properties Inc.'s recent performance was negatively driven by a significant decline in revenue, down 7.0% to CA$44.5m, and a substantial net loss of CA$44.2m, compared to a net income of CA$19.0m in the previous year. The company's earnings per share (EPS) also plummeted to a loss of CA$0.74, a stark contrast to the CA$0.31 profit in FY 2023. The decline in revenue and net income suggests a challenging business environment for Madison Pacific Properties, with the company's cash flows generated from operating activities also experiencing a decline.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Card image cap

Madison Pacific Properties Inc. announces the results for the nine months ended September 30, 2025

Nov -13

Source:

Card image cap

Madison Pacific Properties Inc. announces changes to its Board of Directors

Sep -18

Source:

Card image cap

A Look At The Intrinsic Value Of Madison Pacific Properties Inc. (TSE:MPC)

Aug -27

Source:

Card image cap

Madison Pacific Properties Inc. announces the results for the six months ended June 30, 2025, appointment of President and CEO, appointment of director and declares dividend

Aug -14

Source:

Card image cap

Madison Pacific Properties Inc. (TSX: MPC and MPC.C) announces results of Annual General Meeting

Jun -19

Source:

Card image cap

Madison Pacific Properties Inc. announces the results for the three months ended March 31, 2025 and declares special dividend

May -14

Source:

Card image cap

A Look At The Fair Value Of Madison Pacific Properties Inc. (TSE:MPC)

Mar -20

Source:

Card image cap

Madison Pacific Properties Inc. announces the results for the four months ended December 31, 2024

Feb -28

Source:

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.50%)

6. Segments

Rental

Expected Growth: 4.5%

Growing demand for modern amenities and exceptional customer service in desirable locations drives the rental market growth, fueled by increasing urbanization and a rising millennial population seeking convenient and hassle-free living experiences.

Property Management

Expected Growth: 4.5%

Growing demand for comprehensive property management services, increasing need for efficient rent collection and tenant screening, and rising popularity of outsourcing property maintenance drive the growth of Madison Pacific Properties Inc.'s Property Management segment.

7. Detailed Products

Commercial Properties

Madison Pacific Properties Inc. offers a diverse portfolio of commercial properties, including office buildings, retail spaces, and industrial facilities, providing businesses with flexible and convenient spaces to operate.

Residential Properties

The company's residential properties include apartments, condominiums, and single-family homes, catering to individuals and families seeking comfortable and convenient living arrangements.

Property Management Services

Madison Pacific Properties Inc. provides comprehensive property management services, including leasing, maintenance, and financial management, to property owners and investors.

Real Estate Brokerage Services

The company offers real estate brokerage services, connecting buyers and sellers of commercial and residential properties, and providing expert market knowledge and negotiation skills.

Development and Construction Services

Madison Pacific Properties Inc. provides development and construction services, including project management, design, and construction, for commercial and residential projects.

8. Madison Pacific Properties Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Madison Pacific Properties Inc. is moderate due to the availability of alternative investment options in the real estate industry.

Bargaining Power Of Customers

The bargaining power of customers is low for Madison Pacific Properties Inc. as the company has a strong brand reputation and a diverse portfolio of properties.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate for Madison Pacific Properties Inc. as the company relies on a network of contractors and suppliers to maintain its properties.

Threat Of New Entrants

The threat of new entrants is high for Madison Pacific Properties Inc. as the real estate industry is highly competitive and new companies can easily enter the market.

Intensity Of Rivalry

The intensity of rivalry is high for Madison Pacific Properties Inc. as the company operates in a highly competitive industry with many established players.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 40.02%
Debt Cost 4.42%
Equity Weight 59.98%
Equity Cost 5.73%
WACC 5.21%
Leverage 66.74%

11. Quality Control: Madison Pacific Properties Inc. passed 2 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Altus Group

A-Score: 5.0/10

Value: 3.2

Growth: 2.9

Quality: 8.2

Yield: 1.0

Momentum: 6.5

Volatility: 8.3

1-Year Total Return ->

View Full Report
Stock-Card
Newmark

A-Score: 4.9/10

Value: 5.0

Growth: 4.0

Quality: 5.4

Yield: 2.0

Momentum: 7.5

Volatility: 5.7

1-Year Total Return ->

View Full Report
Stock-Card
Madison Pacific Properties

A-Score: 4.4/10

Value: 3.4

Growth: 3.7

Quality: 5.6

Yield: 8.0

Momentum: 1.5

Volatility: 4.0

1-Year Total Return ->

View Full Report
Stock-Card
RE/MAX

A-Score: 4.3/10

Value: 8.5

Growth: 3.2

Quality: 6.8

Yield: 2.0

Momentum: 2.0

Volatility: 3.7

1-Year Total Return ->

View Full Report
Stock-Card
Doma

A-Score: 4.0/10

Value: 9.6

Growth: 3.3

Quality: 5.4

Yield: 0.0

Momentum: 5.0

Volatility: 0.7

1-Year Total Return ->

View Full Report
Stock-Card
FRP Holdings

A-Score: 3.9/10

Value: 2.5

Growth: 4.0

Quality: 6.5

Yield: 0.0

Momentum: 1.5

Volatility: 8.7

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

5.4$

Current Price

5.4$

Potential

0.00%

Expected Cash-Flows