MDA.TO vs. TVK.TO

Last updated Apr 1, 2026

Compare and contrast key facts about MDA Space Ltd. (MDA.TO) and TerraVest Industries Inc. (TVK.TO).

Performance

MDA.TO vs. TVK.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in MDA Space Ltd. (MDA.TO) and TerraVest Industries Inc. (TVK.TO). The values are adjusted to include any dividend payments, if applicable.

MDA.TO vs. TVK.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MDA.TO MDA Space Ltd.	32.28%	-9.79%	156.34%	80.00%	-32.63%	-34.71%
TVK.TO TerraVest Industries Inc.	-19.62%	47.85%	154.61%	62.88%	2.14%	66.73%

Fundamentals

Market Cap MDA.TO : CA$4.45B TVK.TO : CA$2.93B
EPS MDA.TO : CA$0.85 TVK.TO : CA$4.21
PE Ratio MDA.TO : 41.62 TVK.TO : 31.43
PEG Ratio MDA.TO : 0.17 TVK.TO : 1.42
PS Ratio MDA.TO : 2.77 TVK.TO : 1.85
PB Ratio MDA.TO : 3.29 TVK.TO : 3.94
Total Revenue (TTM) MDA.TO : CA$1.63B TVK.TO : CA$1.54B
Gross Profit (TTM) MDA.TO : CA$375.80M TVK.TO : CA$382.05M
EBITDA (TTM) MDA.TO : CA$262.20M TVK.TO : CA$319.63M

Returns By Period

In the year-to-date period, MDA.TO achieves a 32.28% return, which is significantly higher than TVK.TO's -19.62% return.

MDA.TO

• 1D: 7.37%
• 1M: -10.90%
• YTD: 32.28%
• 6M: 1.67%
• 1Y: 28.19%
• 3Y*: 71.39%
• 5Y*: —
• 10Y*: —

TVK.TO

• 1D: -1.39%
• 1M: -10.09%
• YTD: -19.62%
• 6M: -4.96%
• 1Y: -6.65%
• 3Y*: 70.10%
• 5Y*: 52.49%
• 10Y*: 39.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MDA.TO vs. TVK.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MDA.TO

MDA.TO Risk / Return Rank: 57
MDA.TO Sharpe Ratio Rank: 58
MDA.TO Sortino Ratio Rank: 56
MDA.TO Omega Ratio Rank: 58
MDA.TO Calmar Ratio Rank: 55
MDA.TO Martin Ratio Rank: 55

TVK.TO

TVK.TO Risk / Return Rank: 35
TVK.TO Sharpe Ratio Rank: 35
TVK.TO Sortino Ratio Rank: 33
TVK.TO Omega Ratio Rank: 33
TVK.TO Calmar Ratio Rank: 37
TVK.TO Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MDA.TO vs. TVK.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MDA Space Ltd. (MDA.TO) and TerraVest Industries Inc. (TVK.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MDA.TO	TVK.TO	Difference
Sharpe ratio Return per unit of total volatility	0.44	-0.15	+0.59
Sortino ratio Return per unit of downside risk	1.00	0.10	+0.90
Omega ratio Gain probability vs. loss probability	1.15	1.01	+0.13
Calmar ratio Return relative to maximum drawdown	0.55	-0.17	+0.72
Martin ratio Return relative to average drawdown	1.20	-0.34	+1.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MDA.TO vs. TVK.TO - Sharpe Ratio Comparison

The current MDA.TO Sharpe Ratio is 0.44, which is higher than the TVK.TO Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of MDA.TO and TVK.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MDA.TO	TVK.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	-0.15	+0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.45	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.36	+0.04

Correlation

The correlation between MDA.TO and TVK.TO is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MDA.TO vs. TVK.TO - Dividend Comparison

MDA.TO has not paid dividends to shareholders, while TVK.TO's dividend yield for the trailing twelve months is around 0.42%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MDA.TO MDA Space Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TVK.TO TerraVest Industries Inc.	0.42%	0.44%	0.56%	1.19%	1.54%	1.46%	2.50%	3.08%	3.94%	4.28%	4.49%	5.63%

Drawdowns

MDA.TO vs. TVK.TO - Drawdown Comparison

The maximum MDA.TO drawdown since its inception was -68.33%, smaller than the maximum TVK.TO drawdown of -84.33%. Use the drawdown chart below to compare losses from any high point for MDA.TO and TVK.TO.

Drawdown Indicators

	MDA.TO	TVK.TO	Difference
Max Drawdown Largest peak-to-trough decline	-68.33%	-84.33%	+16.00%
Max Drawdown (1Y) Largest decline over 1 year	-53.77%	-31.96%	-21.81%
Max Drawdown (5Y) Largest decline over 5 years	—	-31.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.58%	—
Current Drawdown Current decline from peak	-23.99%	-24.23%	+0.24%
Average Drawdown Average peak-to-trough decline	-31.56%	-24.96%	-6.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.81%	15.45%	+9.36%

Volatility

MDA.TO vs. TVK.TO - Volatility Comparison

MDA Space Ltd. (MDA.TO) has a higher volatility of 23.47% compared to TerraVest Industries Inc. (TVK.TO) at 12.39%. This indicates that MDA.TO's price experiences larger fluctuations and is considered to be riskier than TVK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MDA.TO	TVK.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.47%	12.39%	+11.08%
Volatility (6M) Calculated over the trailing 6-month period	45.36%	35.62%	+9.74%
Volatility (1Y) Calculated over the trailing 1-year period	64.69%	44.77%	+19.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.74%	36.85%	+11.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.74%	34.88%	+13.86%

Financials

MDA.TO vs. TVK.TO - Profitability Comparison

The chart below illustrates the profitability comparison between MDA Space Ltd. and TerraVest Industries Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MDA.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, MDA Space Ltd. reported a gross profit of 95.80M and revenue of 499.10M. Therefore, the gross margin over that period was 19.2%.

TVK.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TerraVest Industries Inc. reported a gross profit of 102.69M and revenue of 408.35M. Therefore, the gross margin over that period was 25.2%.

MDA.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, MDA Space Ltd. reported an operating income of 31.80M and revenue of 499.10M, resulting in an operating margin of 6.4%.

TVK.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TerraVest Industries Inc. reported an operating income of 30.79M and revenue of 408.35M, resulting in an operating margin of 7.5%.

MDA.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, MDA Space Ltd. reported a net income of 24.00M and revenue of 499.10M, resulting in a net margin of 4.8%.

TVK.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TerraVest Industries Inc. reported a net income of 33.21M and revenue of 408.35M, resulting in a net margin of 8.1%.