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MCAN Mortgage Corporation (MKP.TO)

CAD26.20 -0.31 (-1.17%)
CA TSX Financial Services Financial - Mortgages
Address 200 King Street West M5H 3T4
Toronto, ON, CA
CEO Derek G. Sutherland
IPO 1996-08-13
ISIN CA5791761086

Explore sections of this company profile

Also trades on Other OTC · MAMTF (USD) Toronto Stock Exchange · MKP.TO (CAD)
Description

MCAN Mortgage Corporation is a Canadian financial entity that specializes in mortgage and loan investments. Its extensive lending activities encompass financing for single-family homes, capital for both residential and commercial construction projects, and general commercial loans. Beyond direct lending, the corporation also participates in real estate investment trusts and engages in various private investment ventures. To fund these operations, MCAN provides term deposits, made available through a network of independent financial agents. Established in 1980, the company is based in Toronto, Canada, and adopted its current name, MCAN Mortgage Corporation, in September 2006, having previously operated as MCAP Inc.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD26.20 -0.31 (-1.17%)
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Volume Profile
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Liquidity & share structure
Average Volume
60.0K
Beta
0.69
Float Shares
33.74M
Free Float %
83.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.14% -5.06% +1.21% +5.26% +9.80% +7.94% +26.49% +50.56% +34.95% +82.99% +251.38%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
26.20
DCF (Unlevered) 56.90 +117.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.26
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Mortgages: +18.2%
    -1.0% Q1'26: +147.3% (vs Q1'25)
  • EPS growth Financial - Mortgages: +18.3%
    -8.3% Q1'26: +32.6% (vs Q1'25)
  • FCF margin FCF growth · Financial - Mortgages: +84.8%
    +356.5% Q1'26: +25.6% (vs Q1'25)
  • EBIT margin Financial - Mortgages: +34.8%
    +50.1% Q1'26: +26.9% (vs Q1'25)
  • ROIC Financial - Mortgages: +4.9%
    +3.8% Q1'26: +15.3% (vs Q1'25)
  • Share dilution Financial - Mortgages: 0.0%
    +5.2% Q1'26: +3.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Mortgages: 7.44×
    23.11× Q1'26: 0.76× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.69) × ERP
WACC = 22% × Ke + 78% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 54.27 Current price: 26.20
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
2 EPS Ana.
Dec 2027
1 Rev. Ana.
2 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
47.55M
est: 59.10M (-19.5%)
57.27M
est: 52.10M (+9.9%)
58.79M
est: 50.90M (+15.5%)
55.30M
est: 52.30M (+5.7%)
120.16M
est: 56.70M (+111.9%)
121.78M
est: 49.80M (+144.5%)
152.87M
est: 52.00M (+194.0%)
165.48M
est: 118.23M (+40.0%)
245.88M
est: 131.16M (+87.5%)
298.26M
est: 128.88M (+131.4%)
295.21M
est: 142.77M (+106.8%)
158.70M
158.70M – 158.70M
+11.2% YoY
173.70M
173.70M – 173.70M
+9.5% YoY
500.97M
500.97M – 500.97M
+188.4% YoY
EBITDA
23.02M
est: 19.81M (+16.2%)
39.52M
est: 17.47M (+126.2%)
39.68M
est: 17.06M (+132.6%)
41.45M
est: 17.53M (+136.4%)
48.51M
est: 19.01M (+155.2%)
42.65M
est: 16.70M (+155.5%)
63.97M
est: 17.43M (+266.9%)
55.07M
est: 39.64M (+38.9%)
78.23M
est: 48.12M (+62.6%)
76.55M
est: 47.29M (+61.9%)
150.13M
est: 52.38M (+186.6%)
58.23M
58.23M – 58.23M
+11.2% YoY
63.73M
63.73M – 63.73M
+9.5% YoY
183.81M
183.81M – 183.81M
+188.4% YoY
EBIT
74.04M
est: 19.81M (+273.7%)
39.52M
est: 17.47M (+126.2%)
39.68M
est: 17.06M (+132.6%)
77.94M
est: 17.53M (+344.5%)
47.74M
est: 19.01M (+151.2%)
42.65M
est: 16.70M (+155.5%)
63.97M
est: 17.43M (+266.9%)
55.07M
est: 39.64M (+38.9%)
78.23M
est: 47.92M (+63.2%)
76.55M
est: 47.09M (+62.6%)
147.86M
est: 52.17M (+183.4%)
57.99M
57.99M – 57.99M
+11.2% YoY
63.47M
63.47M – 63.47M
+9.5% YoY
183.04M
183.04M – 183.04M
+188.4% YoY
Net Income
32.86M
est: 48.02M (-31.6%)
40.18M
est: 63.94M (-37.2%)
39.93M
est: 59.90M (-33.3%)
36.29M
est: 60.27M (-39.8%)
48.29M
est: 68.35M (-29.3%)
42.89M
est: 52.18M (-17.8%)
64.36M
est: 56.22M (+14.5%)
55.35M
est: 54.77M (+1.1%)
77.50M
est: 89.44M (-13.3%)
77.59M
est: 92.39M (-16.0%)
74.87M
est: 76.37M (-2.0%)
84.09M
81.91M – 86.27M
+10.1% YoY
91.02M
87.06M – 94.97M
+8.2% YoY
102.49M
102.49M – 102.49M
+12.6% YoY
SGA
5.99M
est: 2.98M (+100.9%)
8.56M
est: 2.63M (+225.4%)
8.66M
est: 2.57M (+237.2%)
7.80M
est: 2.64M (+195.7%)
7.29M
est: 2.86M (+154.8%)
6.63M
est: 2.51M (+163.8%)
9.08M
est: 2.62M (+246.1%)
9.03M
est: 5.97M (+51.3%)
10.76M
est: 5.19M (+107.2%)
11.98M
est: 5.10M (+134.8%)
est: 5.65M (-100.0%)
6.28M
6.28M – 6.28M
+11.2% YoY
6.87M
6.87M – 6.87M
+9.5% YoY
19.83M
19.83M – 19.83M
+188.4% YoY
EPS
1.47
est: 1.28 (+15.2%)
1.71
est: 1.70 (+0.6%)
1.68
est: 1.59 (+5.6%)
1.54
est: 1.60 (-3.8%)
1.96
est: 1.82 (+7.9%)
1.71
est: 1.39 (+23.3%)
2.38
est: 1.49 (+59.3%)
1.77
est: 1.46 (+21.6%)
2.22
est: 2.26 (-1.8%)
2.06
est: 2.33 (-11.8%)
1.89
est: 1.93 (-2.1%)
2.13
2.07 – 2.18
+10.1% YoY
2.30
2.20 – 2.40
+8.2% YoY
2.59
2.59 – 2.59
+12.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B 3/5 1/5 4/5 4/5 3/5 2/5 2/5
2026-05-08 B 3/5 1/5 4/5 4/5 3/5 3/5 2/5
2026-05-07 B 3/5 1/5 4/5 4/5 3/5 3/5 2/5
2026-05-06 B 3/5 1/5 4/5 4/5 3/5 3/5 2/5
2026-05-05 B- 2/5 1/5 4/5 4/5 3/5 1/5 1/5
2026-05-04 B- 2/5 1/5 4/5 4/5 3/5 1/5 1/5
2026-05-01 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5
2026-04-30 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5
2026-04-29 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-28 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-27 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-24 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-23 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-22 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-21 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-20 B- 3/5 1/5 4/5 4/5 1/5 3/5 2/5
2026-04-17 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-16 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
856.77M
OE per share TTM
21.18
Owner's Yield
86.44%
Maintenance CapEx ratio
11.50%
Maint CapEx / Avg PPE
2.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 4 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares S&P/TSX SmallCap Index ETF XCS.TO 0.29% 499.3K 0.60%
2 TD Canadian Equity Index ETF TTP.TO 0.02% 890.3K 0.05%
3 Avantis International Small Cap Equity ETF AVDS 0.02% 60.5K 0.30%
4 Avantis International Equity ETF AVDE 0.00% 224.6K 0.23%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
924.1K
Shares Outstanding
40.58M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Derek G. Sutherland President, Chief Executive Officer & Director 850.1K male
Avish Buck Senior Vice President, Chief Operating Officer & President of MCAN Home Mortgage Corporation 702.2K male
Santokh Birk Senior Vice President & Chief Financial Officer 658.3K male
Carl Scott Brown Senior Vice President of Investments & Corporate Development 632.7K male
Aaron John Corr Senior VP & Chief Risk Officer 459.8K male
Peter Ryan Vice President of Finance and Investor Relations 392.4K male
Sylvia Pinto Vice President, Corporate Secretary & Governance Officer female
Dale Klein Chief Executive Officer of Canada ICI Capital Corporation male
Justin Silva Vice President & Treasurer
Michael Edward Jensen Vice President, Chief Compliance Officer and Chief Anti Money Laundering & Privacy Officer male
Michelle Liotta Vice President & Chief People Officer female
Susan Han Vice President & Chief Audit Executive
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits