Madison Pacific Properties (TSX:MPC) ROE %: 10.45% (As of Mar. 2026) — 13% Below Median


TSX:MPC Madison Pacific Properties Inc TSX:MPC
68 GF Score
Price C$4.90
GF Value C$5.82
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Madison Pacific Properties ROE %?

Madison Pacific Properties TSX:MPC 68 ROE % is 10.45% as of Mar. 2026, which is 13% below its 10-year median of 12.00. GuruFocus rates TSX:MPC with a GF Score™ of 68/100 and a GF Value™ of C$5.82 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,732 Real Estate companies, Madison Pacific Properties ranks better than 65.13% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Madison Pacific Properties's annualized net income for the quarter that ended in Mar. 2026 was C$43.91 Mil. Madison Pacific Properties's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$420.37 Mil. Therefore, Madison Pacific Properties's annualized ROE % for the quarter that ended in Mar. 2026 was 10.45%.

The historical rank and industry rank for Madison Pacific Properties's ROE % or its related term are showing as below:

TSX:MPC' s ROE % Range Over the Past 10 Years
Min: -10.09   Med: 12   Max: 23.54
Current: 7.53

During the past 13 years, Madison Pacific Properties's highest ROE % was 23.54%. The lowest was -10.09%. And the median was 12.00%.

TSX:MPC's ROE % is ranked better than
65.13% of 1732 companies
in the Real Estate industry
Industry Median: 3.98 vs TSX:MPC: 7.53

Madison Pacific Properties  (TSX:MPC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=43.912/420.368
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(43.912 / 49.912)*(49.912 / 860.1625)*(860.1625 / 420.368)
=Net Margin %*Asset Turnover*Equity Multiplier
=87.98 %*0.058*2.0462
=ROA %*Equity Multiplier
=5.1 %*2.0462
=10.45 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=43.912/420.368
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (43.912 / 50.044) * (50.044 / 29.428) * (29.428 / 49.912) * (49.912 / 860.1625) * (860.1625 / 420.368)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8775 * 1.7006 * 58.96 % * 0.058 * 2.0462
=10.45 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Madison Pacific Properties ROE % Related Terms


Madison Pacific Properties ROE % Historical Data

* Premium members only.

The historical data trend for Madison Pacific Properties's ROE % 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.

Madison Pacific Properties ROE % Chart

Madison Pacific Properties Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.36 15.10 4.08 -10.09 6.31

Madison Pacific Properties Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.62 11.53 -1.60 9.69 10.45

TSX:MPC vs CBRE, BEKE: ROE % Comparison

For the Real Estate Services subindustry, Madison Pacific Properties's ROE %, along with its competitors' market caps and ROE % 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.


Madison Pacific Properties ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Madison Pacific Properties's ROE % distribution charts can be found below:

* The bar in red indicates where Madison Pacific Properties's ROE % falls into.


TSX:MPC
68GF Score
Madison Pacific Properties Inc TSX:MPC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Madison Pacific Properties ROE % Calculation

Madison Pacific Properties's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Aug. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=26.149/( (411.947+416.44)/ 2 )
=26.149/414.1935
=6.31 %

Madison Pacific Properties's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=43.912/( (416.44+424.296)/ 2 )
=43.912/420.368
=10.45 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 10.45% mean?
Madison Pacific Properties (TSX:MPC) has a ROE % of 10.45% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Madison Pacific Properties and its competitors. This is 13% below median its historical median of 12.00. According to the industry distribution chart, Madison Pacific Properties ranks #604 out of 1732 companies in the Real Estate industry, placing it in the top 34.9%.
Is Madison Pacific Properties' ROE % too high?
Madison Pacific Properties' current ROE % of 10.45% is 13% below median its 10-year median of 12.00. The Real Estate industry median ROE % is 3.98. Madison Pacific Properties' value of 10.45% is 162.6% above this industry median. Based on the distribution chart, Madison Pacific Properties ranks #604 out of 1732 companies in the Real Estate industry, which is above the industry midpoint. Overall, Madison Pacific Properties has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madison Pacific Properties' ROE % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Madison Pacific Properties ranks #604 out of 1732 companies for ROE %. This puts Madison Pacific Properties in the upper half of its industry. The industry median ROE % is 3.98. Madison Pacific Properties' value of 10.45% is 162.6% above this benchmark. While the company's 10-year median is 12.00 vs. the industry median of 3.98, Madison Pacific Properties 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 ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.98, based on 1,732 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madison Pacific Properties's current ROE % of 10.45% is 162.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Madison Pacific Properties and its competitors. For the Real Estate industry, the median ROE % is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Pacific Properties's current ROE % is 10.45%, which is 13% below median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Pacific Properties stock overvalued right now?
Based on GuruFocus' analysis, Madison Pacific Properties (TSX:MPC) is currently considered Modestly Undervalued. The stock's GF Value™ is C$5.82, compared to a current price of C$4.90 — trading 15.8% below its estimated fair value. The current ROE % is 10.45%, which is 13% below median its 10-year median of 12.00 and 162.6% above the Real Estate industry median of 3.98. Madison Pacific Properties' overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Madison Pacific Properties (TSX:MPC), the current ROE % is 10.45% 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 Madison Pacific Properties (TSX:MPC) Overvalued in 2026?

Based on GuruFocus' analysis, Madison Pacific Properties stock appears to be undervalued. The current stock price of C$4.90 is trading 15.8% below its estimated GF Value™ of C$5.82. GuruFocus considers Madison Pacific Properties to be Modestly Undervalued.

Key valuation signals for TSX:MPC:

  • ROE %: 10.45% (13% below median its 10-year median of 12.00)
  • GF Value™: C$5.82 vs. price of C$4.90 (15.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 162.6% above the Real Estate median (#604 of 1732)

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


Madison Pacific Properties Business Description

Other Exchanges MPC.C:Canada
Address 389 West 6th Avenue, Vancouver, BC, CAN, V5Y 1L1
Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates industrial, commercial, multifamily, retail, and office rental properties located in Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment, that being the rental of industrial, commercial, multi-family, retail, and office real estate properties located in Canada. The company derives its revenue from rental operations and property management.
68GF Score

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

C$4.90
Price
C$5.82
GF Value