{"contract_version": "company-research-1", "available": true, "found": true, "as_of": "2026-09-25", "dates": {"factor_edition": "2026-09-25", "company_period_end": "2026-06-30", "weekly_chart": "2026-09-25", "latest_completed_week": "2026-09-25"}, "universe": {"id": "CAD_CA", "name": "Canada - CAD"}, "company": {"uuid": "823232d0-4e78-44c6-b257-cdcc6bac049d", "symbol": "MRD", "name": "Melcor Developments Ltd.", "exchange": "TOR", "sector": "Real Estate", "combined_standing": 87.0, "change_points": -0.0, "coverage_percent": 100.0, "reading": "Value needs scrutiny", "insight": "The value ranking is attractive, but business strength is weaker.", "watch": "Cheapness needs stronger operating evidence and market confirmation.", "pillar_standing": {"value": 94.0, "quality": 30.0, "momentum": 68.0, "growth": 90.0, "yield": 96.0}}, "focus": {"preset": "shareholder_yield", "name": "Shareholder Yield", "question": "Are capital returns backed by the business?", "headline": "Read the backing, as well as the return", "insight": "Price support is the weakest measured cash-research component. A high aggregate does not remove that weakness.", "latest_change": "0 improving, 2 weakening and 2 unchanged across the 4 comparable focus pillars since the previous edition.", "qualifies": true, "screen_position": 8, "screen_companies": 683, "primary_standing": {"key": "yield", "label": "Capital return", "value": 96.0}, "breadth": {"strong_pillars": 3, "measured_pillars": 4}, "pillars": [{"key": "yield", "label": "Capital return", "value": 96.0, "median": 49.0, "gap": 47.0, "strong_share": 100, "observations": 17}, {"key": "quality", "label": "Business strength", "value": 30.0, "median": 50.0, "gap": -20.0, "strong_share": 76, "observations": 17}, {"key": "value", "label": "Value", "value": 94.0, "median": 49.0, "gap": 45.0, "strong_share": 100, "observations": 17}, {"key": "growth", "label": "Growth", "value": 90.0, "median": 50.0, "gap": 40.0, "strong_share": 94, "observations": 17}]}, "market_confirmation": {"available": true, "reading": "2 of 3 available weekly market readings are positive.", "positive": 2, "measured": 3}, "playbook": {"strengthens_case": "Capital return is backed by resilient cash generation", "weakens_case": "Cash backing or business strength weakens", "watch_next": "Review the capital-discipline and cash-backing scores alongside business strength and the next company period."}, "screen_membership": [{"preset": "os_top", "name": "Strong combined scores"}, {"preset": "deep_value", "name": "Deep Value"}, {"preset": "vc2_cheapest", "name": "Lowest valuation group"}, {"preset": "shareholder_yield", "name": "Shareholder Yield"}, {"preset": "ebitda_ev", "name": "EBITDA/EV Value"}, {"preset": "trending_value", "name": "Value with six-month strength"}, {"preset": "piotroski_bargains", "name": "Piotroski Bargains"}, {"preset": "alpha_within_value", "name": "Cash-supported value"}, {"preset": "momentum_leaders", "name": "Price leaders"}, {"preset": "risk_adj_momentum", "name": "Price strength relative to volatility"}, {"preset": "small_cap_value", "name": "Small Cap Value"}, {"preset": "low_vol", "name": "Low Volatility"}, {"preset": "sector_value_leaders", "name": "Strong value ranks"}, {"preset": "sector_relative", "name": "Sector value leaders"}, {"preset": "capital_allocators", "name": "Capital allocators"}, {"preset": "cash_generators", "name": "Cash generators"}], "links": {"canonical": "https://sharemaestro.com/factors/ticker/823232d0-4e78-44c6-b257-cdcc6bac049d/", "report": "https://sharemaestro.com/factors/ticker/823232d0-4e78-44c6-b257-cdcc6bac049d/?universe=CAD_CA&preset=shareholder_yield", "screener": "https://sharemaestro.com/factors/?universe=CAD_CA&preset=shareholder_yield", "chart": "https://sharemaestro.com/terminal/823232d0-4e78-44c6-b257-cdcc6bac049d/"}, "limitations": ["Factor standing is relative to the named universe; higher is stronger. It is not a probability or expected return.", "Factor edition, company period and weekly chart dates can differ. New prices do not imply new company inputs.", "Historical observations are not an investable point-in-time backtest. Missing evidence is unavailable, not zero.", "Research conditions describe evidence to monitor, not instructions to buy or sell."]}