Madison Pacific Properties Inc. (MPC) - Net Assets

Latest as of August 2025: CA$421.23 Million CAD ≈ $304.71 Million USD

Based on the latest financial reports, Madison Pacific Properties Inc. (MPC) has net assets worth CA$421.23 Million CAD (≈ $304.71 Million USD) 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 ≈ $608.96 Million USD) and total liabilities (CA$420.59 Million ≈ $304.25 Million USD). 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. Check asset resilience ratio of Madison Pacific Properties Inc. to evaluate the company's liquid asset resilience ratio.

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. Also explore Madison Pacific Properties Inc. total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Madison Pacific Properties Inc. market capitalisation.

Year	Net Assets	Change
2024-08-31	CA$423.71 Million ≈ $306.51 Million	-10.90%
2023-08-31	CA$475.57 Million ≈ $344.02 Million	+2.69%
2022-08-31	CA$463.11 Million ≈ $335.01 Million	+16.02%
2021-08-31	CA$399.15 Million ≈ $288.74 Million	+6.95%
2020-08-31	CA$373.22 Million ≈ $269.98 Million	+5.83%
2019-08-31	CA$352.66 Million ≈ $255.11 Million	+9.11%
2018-08-31	CA$323.23 Million ≈ $233.82 Million	+13.11%
2017-08-31	CA$285.76 Million ≈ $206.71 Million	+11.07%
2016-08-31	CA$257.27 Million ≈ $186.11 Million	+22.03%
2015-08-31	CA$210.83 Million ≈ $152.51 Million	+11.17%
2014-08-31	CA$189.64 Million ≈ $137.18 Million	+10.87%
2013-08-31	CA$171.04 Million ≈ $123.73 Million	+3.79%
2012-08-31	CA$164.80 Million ≈ $119.22 Million	+5.81%
2011-08-31	CA$155.76 Million ≈ $112.67 Million	+86.01%
2010-08-31	CA$83.74 Million ≈ $60.57 Million	-0.91%
2009-08-31	CA$84.51 Million ≈ $61.13 Million	+30.96%
2008-08-31	CA$64.53 Million ≈ $46.68 Million	-3.71%
2007-08-31	CA$67.02 Million ≈ $48.48 Million	-3.44%
2006-08-31	CA$69.41 Million ≈ $50.21 Million	+20.70%
2005-08-31	CA$57.50 Million ≈ $41.60 Million	+2.61%
2004-08-31	CA$56.04 Million ≈ $40.54 Million	+0.62%
2003-08-31	CA$55.69 Million ≈ $40.29 Million	-1.50%
2002-08-31	CA$56.54 Million ≈ $40.90 Million	+6.86%
2001-08-31	CA$52.91 Million ≈ $38.28 Million	-0.52%
2000-08-31	CA$53.19 Million ≈ $38.48 Million	+40.93%
1999-08-31	CA$37.74 Million ≈ $27.30 Million	+13.20%
1998-08-31	CA$33.34 Million ≈ $24.12 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
Tikun Olam Cannbit Pharmaceuticals Ltd TA:TKUN	$28.21 Million
Qinetiq Group PLC LSE:QQ	$28.21 Million
Communication & System Solution Public Company Limited BK:CSS	$28.22 Million
BBC Co. Ltd. KQ:318410	$28.24 Million
Binero Group AB ST:BINERO	$28.19 Million
Softing AG XETRA:SYT	$28.19 Million
Inuvo Inc NYSE MKT:INUV	$28.19 Million
Progressive Planet Solutions Inc V:PLAN	$28.19 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: 0.77x
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 5.62x to 0.77x 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$5.30	x
1999-08-31	CA$1.00	CA$5.30	x
2000-08-31	CA$1.04	CA$5.30	x
2001-08-31	CA$1.04	CA$5.30	x
2002-08-31	CA$1.11	CA$5.30	x
2003-08-31	CA$1.09	CA$5.30	x
2004-08-31	CA$1.10	CA$5.30	x
2005-08-31	CA$1.13	CA$5.30	x
2006-08-31	CA$1.35	CA$5.30	x
2007-08-31	CA$1.23	CA$5.30	x
2008-08-31	CA$1.13	CA$5.30	x
2009-08-31	CA$1.48	CA$5.30	x
2010-08-31	CA$1.47	CA$5.30	x
2011-08-31	CA$2.71	CA$5.30	x
2012-08-31	CA$2.81	CA$5.30	x
2013-08-31	CA$2.91	CA$5.30	x
2014-08-31	CA$3.08	CA$5.30	x
2015-08-31	CA$3.46	CA$5.30	x
2016-08-31	CA$4.26	CA$5.30	x
2017-08-31	CA$4.72	CA$5.30	x
2018-08-31	CA$5.33	CA$5.30	x
2019-08-31	CA$5.82	CA$5.30	x
2020-08-31	CA$6.23	CA$5.30	x
2021-08-31	CA$6.62	CA$5.30	x
2022-08-31	CA$7.58	CA$5.30	x
2023-08-31	CA$7.78	CA$5.30	x
2024-08-31	CA$6.93	CA$5.30	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: $215,458,873
Average return on equity (ROE) among peers: 4.21%

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	$28.20 Million
Altus Group Limited (AIF)	$599.87 Million	-0.15%	1.11x	$1.34 Billion
Bridgemarq Real Estate Services Inc (BRE)	$61.10 Million	9.13%	1.04x	$96.12 Million
Colliers International Group Inc Bats (CIGI)	$471.12 Million	-3.83%	2.06x	$5.08 Billion
FirstService Corp (FSV)	$181.03 Million	18.56%	3.26x	$5.95 Billion
Gulf & Pacific Equities Corp (GUF)	$14.72 Million	2.93%	1.73x	$8.05 Million
Halmont Properties Corporation (HMT)	$40.98 Million	5.46%	0.17x	$60.72 Million
Imperial Equities Inc. (IEI)	$98.68 Million	6.93%	1.53x	$24.07 Million
Invesque Inc (IVQ)	$480.14 Million	-1.12%	2.40x	$956.23
Mainstreet Equity Corp. (MEQ)	$-8.52 Million	0.00%	0.00x	$1.21 Billion

About Madison Pacific Properties Inc.

TO:MPC Canada Real Estate Services

Market Cap

$28.20 Million

CA$38.98 Million CAD

Market Cap Rank

#23902 Global

#900 in Canada

Share Price

CA$5.30

Change (1 day)

+3.31%

52-Week Range

CA$4.15 - CA$5.65

All Time High

CA$7.20