MCAN Financial GroupTSX:MKP +0.04%70 Net Margin % is 55.36% as of Mar. 2026, which is 14% below its 10-year median of 64.29. GuruFocus rates TSX:MKP with a GF Score™ of 70/100 and a GF Value™ of C$19.06 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,527 Banks companies, MCAN Financial Group ranks better than 95.42% on this metric.
The historical rank and industry rank for MCAN Financial Group's Net Margin % or its related term are showing as below:
TSX:MKP'
s Net Margin % Range Over the Past 10 Years
Min: 50.84 Med: 64.29 Max: 70.17
Current: 52.6
TSX:MKP's Net Margin % is ranked better than 95.42% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs TSX:MKP: 52.60
MCAN Financial Group (TSX:MKP) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
MCAN Financial Group Net Margin % Related Terms
MCAN Financial Group Net Margin % Historical Data
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The historical data trend for MCAN Financial Group's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSX:MKP vs RKT, FNMA, PFSI: Net Margin % Comparison
For the Mortgage Finance subindustry, MCAN Financial Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MCAN Financial Group Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, MCAN Financial Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where MCAN Financial Group's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MCAN Financial Group (TSX:MKP) has a Net Margin % of 55.36% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on MCAN Financial Group and its competitors. This is 14% below median its historical median of 64.29. Over the past decade, MCAN Financial Group's Net Margin % has ranged from 50.84 to 70.17. According to the industry distribution chart, MCAN Financial Group ranks #70 out of 1527 companies in the Banks industry, placing it in the top 4.6%.
Is MCAN Financial Group's Net Margin % too high?
MCAN Financial Group's current Net Margin % of 55.36% is 14% below median its 10-year median of 64.29. Over the past 10 years, this metric has ranged from a low of 50.84 to a high of 70.17. The Banks industry median Net Margin % is 26.95. MCAN Financial Group's value of 55.36% is 105.4% above this industry median. Based on the distribution chart, MCAN Financial Group ranks #70 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, MCAN Financial Group has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MCAN Financial Group's Net Margin % compare to RKT and FNMA?
According to the Banks industry distribution chart, MCAN Financial Group ranks #70 out of 1527 companies for Net Margin %. This places MCAN Financial Group in the top 5% of its industry — outperforming the majority of peers. The industry median Net Margin % is 26.95. MCAN Financial Group's value of 55.36% is 105.4% above this benchmark. Historically, MCAN Financial Group's own Net Margin % has ranged from 50.84 to 70.17 over the past decade. While the company's 10-year median is 64.29 vs. the industry median of 26.95, MCAN Financial Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MCAN Financial Group's current Net Margin % of 55.36% is 105.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on MCAN Financial Group and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCAN Financial Group's current Net Margin % is 55.36%, which is 14% below median its own 10-year median of 64.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCAN Financial Group stock overvalued right now?
Based on GuruFocus' analysis, MCAN Financial Group (TSX:MKP) is currently considered Modestly Overvalued. The stock's GF Value™ is C$19.06, compared to a current price of C$24.72 — trading 29.7% above its estimated fair value. The current Net Margin % is 55.36%, which is 14% below median its 10-year median of 64.29 and 105.4% above the Banks industry median of 26.95. MCAN Financial Group's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For MCAN Financial Group (TSX:MKP), the current Net Margin % is 55.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MCAN Financial Group (TSX:MKP) Overvalued in 2026?
Based on GuruFocus' analysis, MCAN Financial Group stock appears to be overvalued.
The current stock price of C$24.72 is trading 29.7% above its estimated GF Value™ of C$19.06.
GuruFocus considers MCAN Financial Group to be Modestly Overvalued.
Key valuation signals for TSX:MKP:
Net Margin %: 55.36% (14% below median its 10-year median of 64.29)
GF Value™: C$19.06 vs. price of C$24.72 (29.7% above fair value)
Industry Position: 105.4% above the Banks median (#70 of 1527)
No single metric tells the full story. See the TSX:MKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MCAN Financial Group is a mortgage investment company whose objective is to generate a reliable stream of income by investing its funds in a portfolio of mortgages including single family residential, residential construction, non-residential construction and commercial loans, as well as other types of loans and investments, real estate and securitization investments. The company derives majority of its revenues from mortgage income and equity income.
70GF Score
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