Madison Pacific Properties Inc.
Madison Pacific Properties Inc. invests in, develops, owns, and manages real estate properties in Canada. The company's property portfolio comprises industrial, retail, office, and residential properties. It also provides property management and leasing services, including tenant services and relationships, building operations, leasing, lease administration, property accounting and reporting, and… Read more
Madison Pacific Properties Inc. (MPC) - Net Assets
Latest net assets as of August 2025: CA$421.23 Million CAD
Based on the latest financial reports, Madison Pacific Properties Inc. (MPC) has net assets worth CA$421.23 Million CAD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$841.82 Million) and total liabilities (CA$420.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$421.23 Million |
| % of Total Assets | 50.04% |
| Annual Growth Rate | 10.27% |
| 5-Year Change | 13.53% |
| 10-Year Change | 100.98% |
| Growth Volatility | 18.49 |
Madison Pacific Properties Inc. - Net Assets Trend (1998–2024)
This chart illustrates how Madison Pacific Properties Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Madison Pacific Properties Inc. (1998–2024)
The table below shows the annual net assets of Madison Pacific Properties Inc. from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | CA$423.71 Million | -10.90% |
| 2023-08-31 | CA$475.57 Million | +2.69% |
| 2022-08-31 | CA$463.11 Million | +16.02% |
| 2021-08-31 | CA$399.15 Million | +6.95% |
| 2020-08-31 | CA$373.22 Million | +5.83% |
| 2019-08-31 | CA$352.66 Million | +9.11% |
| 2018-08-31 | CA$323.23 Million | +13.11% |
| 2017-08-31 | CA$285.76 Million | +11.07% |
| 2016-08-31 | CA$257.27 Million | +22.03% |
| 2015-08-31 | CA$210.83 Million | +11.17% |
| 2014-08-31 | CA$189.64 Million | +10.87% |
| 2013-08-31 | CA$171.04 Million | +3.79% |
| 2012-08-31 | CA$164.80 Million | +5.81% |
| 2011-08-31 | CA$155.76 Million | +86.01% |
| 2010-08-31 | CA$83.74 Million | -0.91% |
| 2009-08-31 | CA$84.51 Million | +30.96% |
| 2008-08-31 | CA$64.53 Million | -3.71% |
| 2007-08-31 | CA$67.02 Million | -3.44% |
| 2006-08-31 | CA$69.41 Million | +20.70% |
| 2005-08-31 | CA$57.50 Million | +2.61% |
| 2004-08-31 | CA$56.04 Million | +0.62% |
| 2003-08-31 | CA$55.69 Million | -1.50% |
| 2002-08-31 | CA$56.54 Million | +6.86% |
| 2001-08-31 | CA$52.91 Million | -0.52% |
| 2000-08-31 | CA$53.19 Million | +40.93% |
| 1999-08-31 | CA$37.74 Million | +13.20% |
| 1998-08-31 | CA$33.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Madison Pacific Properties Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 41626.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$339.23 Million | 82.35% |
| Common Stock | CA$72.72 Million | 17.65% |
| Total Equity | CA$411.95 Million | 100.00% |
Madison Pacific Properties Inc. Competitors by Market Cap
The table below lists competitors of Madison Pacific Properties Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eyenovia Inc
NASDAQ:EYEN
|
$37.75 Million |
|
Mitchell Services Ltd
AU:MSV
|
$37.76 Million |
|
Loyalty Founder Enterprise Co Ltd
TWO:5465
|
$37.77 Million |
|
EVO Transportation & Energy Services Inc
PINK:EVOA
|
$37.78 Million |
|
EXEL INDS S.A. A EO 25
F:8YK
|
$37.74 Million |
|
SinterCast AB
ST:SINT
|
$37.74 Million |
|
Future Health Esg Corp
NASDAQ:FHLT
|
$37.73 Million |
|
Haitai Confectionery and Foods Co Ltd
KO:101530
|
$37.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Madison Pacific Properties Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 462,691,000 to 411,947,000, a change of -50,744,000 (-11.0%).
- Net loss of 44,125,000 reduced equity.
- Dividend payments of 6,244,000 reduced retained earnings.
- Other comprehensive income decreased equity by 475,574,000.
- Other factors increased equity by 475,199,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-44.12 Million | -10.71% |
| Dividends Paid | CA$6.24 Million | -1.52% |
| Other Comprehensive Income | CA$-475.57 Million | -115.45% |
| Other Changes | CA$475.20 Million | +115.35% |
| Total Change | CA$- | -10.97% |
Book Value vs Market Value Analysis
This analysis compares Madison Pacific Properties Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.20x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-08-31 | CA$0.94 | CA$4.90 | x |
| 1999-08-31 | CA$1.00 | CA$4.90 | x |
| 2000-08-31 | CA$1.04 | CA$4.90 | x |
| 2001-08-31 | CA$1.04 | CA$4.90 | x |
| 2002-08-31 | CA$1.11 | CA$4.90 | x |
| 2003-08-31 | CA$1.09 | CA$4.90 | x |
| 2004-08-31 | CA$1.10 | CA$4.90 | x |
| 2005-08-31 | CA$1.13 | CA$4.90 | x |
| 2006-08-31 | CA$1.35 | CA$4.90 | x |
| 2007-08-31 | CA$1.23 | CA$4.90 | x |
| 2008-08-31 | CA$1.13 | CA$4.90 | x |
| 2009-08-31 | CA$1.48 | CA$4.90 | x |
| 2010-08-31 | CA$1.47 | CA$4.90 | x |
| 2011-08-31 | CA$2.71 | CA$4.90 | x |
| 2012-08-31 | CA$2.81 | CA$4.90 | x |
| 2013-08-31 | CA$2.91 | CA$4.90 | x |
| 2014-08-31 | CA$3.08 | CA$4.90 | x |
| 2015-08-31 | CA$3.46 | CA$4.90 | x |
| 2016-08-31 | CA$4.26 | CA$4.90 | x |
| 2017-08-31 | CA$4.72 | CA$4.90 | x |
| 2018-08-31 | CA$5.33 | CA$4.90 | x |
| 2019-08-31 | CA$5.82 | CA$4.90 | x |
| 2020-08-31 | CA$6.23 | CA$4.90 | x |
| 2021-08-31 | CA$6.62 | CA$4.90 | x |
| 2022-08-31 | CA$7.58 | CA$4.90 | x |
| 2023-08-31 | CA$7.78 | CA$4.90 | x |
| 2024-08-31 | CA$6.93 | CA$4.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Madison Pacific Properties Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -99.19%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.93x
- Recent ROE (-10.71%) is below the historical average (9.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -18.72% | -112.55% | 0.07x | 2.49x | CA$-9.58 Million |
| 1999 | 4.05% | 17.06% | 0.10x | 2.50x | CA$-2.25 Million |
| 2000 | 3.74% | 17.53% | 0.08x | 2.54x | CA$-3.33 Million |
| 2001 | 3.34% | 11.90% | 0.10x | 2.68x | CA$-3.52 Million |
| 2002 | 10.04% | 38.49% | 0.11x | 2.39x | CA$19.90K |
| 2003 | 3.07% | 11.90% | 0.10x | 2.51x | CA$-3.86 Million |
| 2004 | 5.18% | 18.82% | 0.10x | 2.74x | CA$-2.70 Million |
| 2005 | 6.99% | 21.31% | 0.11x | 2.91x | CA$-1.73 Million |
| 2006 | 25.88% | 94.86% | 0.10x | 2.69x | CA$11.02 Million |
| 2007 | 8.43% | 28.36% | 0.10x | 2.91x | CA$-1.05 Million |
| 2008 | 5.29% | 15.64% | 0.11x | 2.97x | CA$-3.03 Million |
| 2009 | 46.12% | 229.56% | 0.09x | 2.14x | CA$30.44 Million |
| 2010 | 6.11% | 27.88% | 0.09x | 2.34x | CA$-3.25 Million |
| 2011 | 18.63% | 153.16% | 0.06x | 1.89x | CA$13.42 Million |
| 2012 | 13.74% | 98.08% | 0.07x | 1.89x | CA$6.16 Million |
| 2013 | 7.00% | 50.58% | 0.07x | 1.95x | CA$-5.11 Million |
| 2014 | 8.57% | 51.20% | 0.08x | 2.19x | CA$-2.57 Million |
| 2015 | 13.90% | 92.69% | 0.07x | 2.15x | CA$7.89 Million |
| 2016 | 21.32% | 175.85% | 0.06x | 1.92x | CA$28.26 Million |
| 2017 | 19.15% | 174.34% | 0.06x | 1.87x | CA$25.32 Million |
| 2018 | 13.44% | 134.43% | 0.05x | 1.84x | CA$10.74 Million |
| 2019 | 10.19% | 111.68% | 0.05x | 1.84x | CA$644.10K |
| 2020 | 8.22% | 96.48% | 0.04x | 1.91x | CA$-6.51 Million |
| 2021 | 12.96% | 153.36% | 0.04x | 1.91x | CA$11.49 Million |
| 2022 | 14.06% | 169.30% | 0.04x | 1.87x | CA$18.27 Million |
| 2023 | 4.02% | 46.02% | 0.05x | 1.84x | CA$-27.65 Million |
| 2024 | -10.71% | -99.19% | 0.06x | 1.93x | CA$-85.32 Million |
Industry Comparison
This section compares Madison Pacific Properties Inc.'s net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $21,880,497
- Average return on equity (ROE) among peers: -7.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Madison Pacific Properties Inc. (MPC) | CA$421.23 Million | -18.72% | 1.00x | $37.75 Million |
| Becker Milk Co Ltd Cl B Nv Spec (BEK-B.TO (BEK-B) | $33.89 Million | 7.22% | 0.15x | $11.65 Million |
| Comet Industries Ltd (CMU) | $9.67 Million | -4.14% | 0.02x | $5.24 Million |
| DLC Holdings Corp (DLC) | $11.39 Million | 11.57% | 0.12x | $468.50K |
| Gulf & Pacific Equities Corp (GUF) | $20.82 Million | 7.55% | 1.33x | $977.05K |
| Halmont Properties Corporation (HMT) | $45.64 Million | 4.32% | 0.68x | $38.37 Million |
| Imperial Equities Inc. (IEI) | $3.31 Million | 7.80% | 3.93x | $6.14 Million |
| NexLiving Communities Inc (NXLV) | $60.80 Million | 15.47% | 1.36x | $22.05 Million |
| Realia Properties Inc (RLP) | $4.61 Million | -135.23% | 5.66x | $459.64K |
| Regent Pacific Properties Inc (RPP) | $6.79 Million | 14.58% | 3.61x | $260.10K |