MODVF (Melcor Developments) Financial Strength: 6 (As of Mar. 2026) — 20% Above Median

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MODVF Melcor Developments Ltd MODVF
79 GF Score
Price $13.45
GF Value $10.84
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Melcor Developments Financial Strength?

Melcor Developments MODVF 79 Financial Strength is 6 as of Mar. 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates MODVF with a GF Score™ of 79/100 and a GF Value™ of $10.84 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Melcor Developments has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Melcor Developments's Interest Coverage for the quarter that ended in Mar. 2026 was 3.25. Melcor Developments's debt to revenue ratio for the quarter that ended in Mar. 2026 was 2.76. As of today, Melcor Developments's Altman Z-Score is 2.33.


Melcor Developments  (OTCPK:MODVF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Melcor Developments has the Financial Strength Rank of 6.


Melcor Developments Financial Strength Related Terms


Melcor Developments Financial Strength Competitor Comparison

For the Real Estate - Development subindustry, Melcor Developments's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Melcor Developments Financial Strength vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Melcor Developments's Financial Strength distribution charts can be found below:

* The bar in red indicates where Melcor Developments's Financial Strength falls into.


MODVF
79GF Score
Melcor Developments Ltd MODVF
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Melcor Developments Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Melcor Developments's Interest Expense for the months ended in Mar. 2026 was $-3.5 Mil. Its Operating Income for the months ended in Mar. 2026 was $11.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $365.6 Mil.

Melcor Developments's Interest Coverage for the quarter that ended in Mar. 2026 is

Interest Coverage=-1*Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*11.453/-3.522
=3.25

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Melcor Developments's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 365.558) / 132.26
=2.76

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Melcor Developments has a Z-score of 2.33, indicating it is in Grey Zones. This implies that Melcor Developments is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.33 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 6 mean?
Melcor Developments (MODVF) has a Financial Strength of 6 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Melcor Developments and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Melcor Developments' Financial Strength has ranged from 4.00 to 6.00.
Is Melcor Developments' Financial Strength too high?
Melcor Developments' current Financial Strength of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. Overall, Melcor Developments has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Melcor Developments' Financial Strength compare to competitors?
Melcor Developments' Financial Strength of 6 can be compared against companies in the Real Estate industry. Historically, Melcor Developments' own Financial Strength has ranged from 4.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Real Estate company?
A good Financial Strength depends on the Real Estate industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Melcor Developments and its competitors. Melcor Developments's current Financial Strength is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melcor Developments stock overvalued right now?
Based on GuruFocus' analysis, Melcor Developments (MODVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.84, compared to a current price of $13.45 — trading 24.1% above its estimated fair value. The current Financial Strength is 6, which is 20% above median its 10-year median of 5.00. Melcor Developments' overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Melcor Developments (MODVF), the current Financial Strength is 6 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 Melcor Developments (MODVF) Overvalued in 2026?

Based on GuruFocus' analysis, Melcor Developments stock appears to be overvalued. The current stock price of $13.45 is trading 24.1% above its estimated GF Value™ of $10.84. GuruFocus considers Melcor Developments to be Modestly Overvalued.

Key valuation signals for MODVF:

  • Financial Strength: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: $10.84 vs. price of $13.45 (24.1% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the MODVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melcor Developments Business Description

Other Exchanges MRD:Canada
Address 10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes Land: acquires raw land and plans residential communities and commercial developments, Properties: owns and operates a portfolio of commercial and residential properties and development of commercial properties, Golf: owning and operating championship golf courses associated with residential communities, Corporate: orchestrates strategic planning, financial governance, risk mitigation guiding the organization through dynamic market shifts towards sustained and adaptive success.
79GF Score

Get the complete analysis for MODVF

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.45
Price
$10.84
GF Value