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← CockpitCompetitor Analysis › MKP.TO MCAN Mortgage CorporationOpen in the cockpit ↗

MCAN Mortgage CorporationMKP.TOCompetitor analysis, valuation and peers

Canada · CAD·Financials›Finance/Rental/Leasing
Momentum neutral 48
Mkt cap
$635M
US dollars, full cap
Free float
86%
of shares outstanding
$/day
$1.51M
20-day average traded
P/B
1.33×
price to book
ROE
12.8%
delivered
Implied ROE
8.4%
what the price asks
Next earnings
110 days
24 Feb 2027
Close · CADC$21.85
1D-0.6%
1W-0.9%
1M+8.0%
3M-2.5%
6M-13.1%
YTD-2.6%
1Y+1.5%
ATR %1.9%
52w lowhigh18.1% off high

What MCAN Mortgage does

Employees: 163

MCAN Mortgage at a glance

Size MCAN Mortgage (MKP.TO) is a Canada Financials company (Finance/Rental/Leasing) with a market value of $635M, the 311th largest of 420 Canada companies the cockpit tracks. Shares closed at C$21.85 on 6 Nov 2026.

Performance Over six months the shares fell 13.1%, against -4.1% for the median peer and +5.2% for the Canada market (cap-weighted) — 7th lowest of 19 in its peer set.

Growth Revenue grew 13.7% over the last twelve months (peer median +14.7%); the operating margin is 47.3% (peer median 21.7%).

Valuation It trades at 1.33× book value against a peer median of 0.79× (8th most expensive of 20).

Price implies The share price implies a return on equity of about 8.4%; MCAN Mortgage delivers 12.8%, so the price asks less than the business earns today.

Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 99MKP.TO 88
Six months, rebased to 100: MCAN Mortgage against the median of its 20 peers (local-currency closes).

MCAN Mortgage financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$329MC$295MC$276MC$226MC$147M
Revenue growth—+7%+22%+54%—
Gross profitC$227MC$184MC$153MC$135MC$92.0M
EBITDAC$169MC$130MC$108MC$101MC$56.0M
Net incomeC$83.8MC$74.9MC$77.6MC$77.5MC$55.4M
Free cash flowC$1.27BC$1.07BC$561MC$238MC$177M
Capital expenditureC$2.18MC$5.55MC$4.80MC$669,000C$282,000
Total debtC$4.09BC$3.46BC$2.43BC$1.98BC$1.75B

Quarterly statements and history in the cockpit →

MCAN Mortgage competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-20%0%+20%LFSFEDFINA3660WRLDHTZ2858VELGDOT85089699FPRINDIASHLTRJDOPPM8793FINVFCHMKP.TO6-month return →1-month return →
Up and to the right = strong over both horizons. MCAN Mortgage is the large dot.

Fundamentals: return on equity against price-to-book

0%20%40%00×100×200×RENTOMOJOLFSFEDFINAKISSHT36602858VELGDOTRFAFCHMKP.TOReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. MCAN Mortgage is the large dot.

Capital: ROE delivered against the ROE the price implies

-10%0%10%20%30%0%20%LFSFEDFINA3660WRLD2858VELGDOT8508FPRRFAFCHMKP.TOROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. MCAN Mortgage is the large dot.

MCAN Mortgage competitors and peer comparison

How MCAN Mortgage compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

MCAN Mortgage against its 20 peers (data as of 6 Nov 2026)
MeasureMKP.TOPeer medianRank in peer set
1-month return+8.0%-3.8%4th highest of 21
6-month return-13.1%-4.1%7th lowest of 19
Return on equity12.8%12.2%10th highest of 20
Price / book1.33×0.79×8th most expensive of 20
Trailing P/E10.6×10.1×7th most expensive of 18
ROE the price implies8.4%8.5%10th least demanding of 20
ROE delivered12.8%10.4%7th highest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
MCAN Mortgage MKP.TOCanada$635M-13%+14%13%1.33×8.4%12.8%
Rentomojo RENTOMOJO.NSIndia$638Mn/a+45%44%18.75×176.8%n/a
Latitude LFS.AXAustralia$623M-6%+4%9%0.70×7.6%8.7%
Fedbank Financial Services FEDFINA.NSIndia$621M+3%+20%15%1.85×15.9%14.8%
Onemi Technology Solutions KISSHT.NSIndia$652Mn/a+63%24%2.97×21.9%n/a
Qfin 3660.HKHong Kong$664M-60%-8%15%0.18×4.1%15.1%
World Acceptance WRLDUnited States$671M0%+5%14%1.92×18.4%14.1%
Hertz Global HTZUnited States$585M-64%+3%n/an/an/an/a
Yixin 2858.HKHong Kong$695M-58%+18%8%0.28×5.5%8.1%
Velocity Financial VELUnited States$696M-3%+32%16%0.96×8.5%16.1%
Green Dot GDOTUnited States$697M-3%+18%-3%0.74×7.8%-2.8%
J Trust 8508.TJapan$563M+7%+4%9%0.59×5.4%9.1%
Nishio 9699.TJapan$722M-5%-2%8%0.79×4.4%7.8%
FleetPartners FPR.AXAustralia$723M+78%+4%12%1.67×12.7%12.2%
India Shelter Finance INDIASHLTR.NSIndia$727M-26%+25%17%2.12×21.3%n/a
Judo Capital JDO.AXAustralia$728M-32%+12%6%0.59×8.7%6.4%
Pepper Money PPM.AXAustralia$553M+6%-1%13%0.90×13.1%13.0%
NEC Capital Solutions 8793.TJapan$550M-1%+27%8%0.63×4.8%8.5%
FinVolution Group Sponsored ADR FINVUnited States$740M-43%-2%12%0.29×4.1%11.7%
RFA Financial RFA.TOCanada$741M-6%+32%-14%0.74×5.5%-13.8%
Funding Circle FCH.LUnited Kingdom$744M+49%+53%29%2.30×26.2%28.5%

Questions

Which companies are MCAN Mortgage's closest peers?
The cockpit's peer set: Rentomojo (RENTOMOJO.NS), Latitude (LFS.AX), Fedbank Financial Services (FEDFINA.NS), Onemi Technology Solutions (KISSHT.NS), Qfin (3660.HK), World Acceptance (WRLD), Hertz Global (HTZ), Yixin (2858.HK).
Is MCAN Mortgage expensive compared with its peers?
On price / book it trades at 1.33× against a peer median of 0.79×, 8th most expensive of 20 in its peer set. The share price implies a return on equity of about 8.4%; MCAN Mortgage delivers 12.8%, so the price asks less than the business earns today.
How has MCAN Mortgage stock performed?
Over six months to 6 Nov 2026 the shares returned -13.1% against -4.1% for the median peer; over one year +1.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.