MBN Corporation trades with the ticker MBN on the TSX and is in the Asset Management industry.
Overview
MBN Corporation is a closed-ended equity mutual fund launched by Middlefield Fund Management Limited. The fund is managed by Middlefield Capital Corporation and Groppe, Long & Littell. It invests in the public equity markets of Canada. The fund invests in stocks of companies operating across energy related sectors with a focus on oil sands sector. It benchmarks the performance of its portfolio against the S&P/TSX Composite Index. The fund was formerly known as OilSands Canada Corporation. It was formerly known as Middlefield Tactical Energy Corporation. MBN Corporation was formed on June 1, 2007 and is domiciled in Canada.
Looking to invest in MBN Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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MBN.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $41.821MM
PE Ratio: 7.301
Price: #N/A (Updated: 3/12/2024 0:47:16)
MBN Corporation (MBN) vs Competitors in Asset Management
Lets see how MBN.TO stacks up against others in the Asset Management asset management industry. We have identified its main peers as:Aberdeen International Inc, AGF Management Limited, Aimia Inc, Brookfield Asset Management Inc, Canadian Banc Corp
.Asset Management Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Aberdeen International Inc (AAB) | $2.898 | N/A | 1.021 | N/A% |
| AGF Management Limited (AGF-B) | $518.497 | 6.238 | 4.162 | 5.4% |
| Aimia Inc (AIM) | $274.455 | N/A | 3.924 | N/A% |
| Brookfield Asset Management Inc (BAM-A) | $96,441.909 | 20.732 | 12.159 | 1.6% |
| Canadian Banc Corp (BK) | $281.484 | N/A | 0.0 | 17.4% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Asset Management
- MBN Corporation (MBN) vs Aberdeen International Inc (AAB)
- MBN has higher EPS (1.434 vs -0.12). MBN provides dividends, while AAB does not. AAB has a P/E under 0, indicating MBN (P/E 7.301) is in a better position.
- MBN Corporation (MBN) vs AGF Management Limited (AGF-B)
- MBN has higher EPS (1.434 vs 1.3). AGF-B has higher dividend yield (5.4% vs 3.1%). MBN has a higher P/E ratio (7.301 vs 6.238) indicating it’s more expensive.
- MBN Corporation (MBN) vs Aimia Inc (AIM)
- MBN has higher EPS (1.434 vs -1.8). MBN provides dividends, while AIM does not. AIM has a P/E under 0, indicating MBN (P/E 7.301) is in a better position.
- MBN Corporation (MBN) vs Brookfield Asset Management Inc (BAM-A)
- BAM-A has higher EPS (2.84 vs 1.434). MBN has higher dividend yield (3.1% vs 1.6%). BAM-A has a higher P/E ratio (20.732 vs 7.301) indicating it’s more expensive.
- MBN Corporation (MBN) vs Canadian Banc Corp (BK)
- MBN has higher EPS (1.434 vs -1.81). BK has higher dividend yield (17.4% vs 3.1%). BK has a P/E under 0, indicating MBN (P/E 7.301) is in a better position.
Our Recommendation: Hold
Has a lower P/E ratio (7.30) than the industry average (9.88), indicating potential undervaluation.
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