MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Price, Forecast & Analysis
Canada - Toronto Stock Exchange - TSX:MRG-DB-B - CA61761EAC45
103 CAD
0 (0%)
Overall MRG-DB-B gets a fundamental rating of 3 out of 10. We evaluated MRG-DB-B against 15 industry peers in the Residential REITs industry. While MRG-DB-B is still in line with the averages on profitability rating, there are concerns on its financial health. MRG-DB-B is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- MRG-DB-B had positive earnings in the past year.
- MRG-DB-B had a positive operating cash flow in the past year.
- Each year in the past 5 years MRG-DB-B has been profitable.
- MRG-DB-B had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- MRG-DB-B has a Return On Assets of 2.69%. This is comparable to the rest of the industry: MRG-DB-B outperforms 60.00% of its industry peers.
- MRG-DB-B has a Return On Equity (6.20%) which is comparable to the rest of the industry.
- MRG-DB-B's Return On Invested Capital of 3.06% is fine compared to the rest of the industry. MRG-DB-B outperforms 66.67% of its industry peers.
- MRG-DB-B had an Average Return On Invested Capital over the past 3 years of 3.13%. This is in line with the industry average of 2.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.69% | ||
| ROE | 6.2% | ||
| ROIC | 3.06% |
ROA(3y)4.04%
ROA(5y)4.95%
ROE(3y)9.04%
ROE(5y)11.44%
ROIC(3y)3.13%
ROIC(5y)3.1%
1.3 Margins
- With a Profit Margin value of 34.91%, MRG-DB-B perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of MRG-DB-B has remained more or less at the same level.
- MRG-DB-B's Operating Margin of 52.49% is in line compared to the rest of the industry. MRG-DB-B outperforms 53.33% of its industry peers.
- In the last couple of years the Operating Margin of MRG-DB-B has remained more or less at the same level.
- MRG-DB-B's Gross Margin of 58.88% is on the low side compared to the rest of the industry. MRG-DB-B is outperformed by 80.00% of its industry peers.
- MRG-DB-B's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.49% | ||
| PM (TTM) | 34.91% | ||
| GM | 58.88% |
OM growth 3Y-0.01%
OM growth 5Y-0.52%
PM growth 3Y-33.04%
PM growth 5Y-1.1%
GM growth 3Y-0.62%
GM growth 5Y-0.82%
2. Health
2.1 Basic Checks
- MRG-DB-B has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, MRG-DB-B has less shares outstanding
- MRG-DB-B has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.45, we must say that MRG-DB-B is in the distress zone and has some risk of bankruptcy.
- MRG-DB-B has a better Altman-Z score (1.45) than 100.00% of its industry peers.
- The Debt to FCF ratio of MRG-DB-B is 18.60, which is on the high side as it means it would take MRG-DB-B, 18.60 years of fcf income to pay off all of its debts.
- MRG-DB-B's Debt to FCF ratio of 18.60 is on the low side compared to the rest of the industry. MRG-DB-B is outperformed by 73.33% of its industry peers.
- A Debt/Equity ratio of 0.83 indicates that MRG-DB-B is somewhat dependend on debt financing.
- MRG-DB-B has a worse Debt to Equity ratio (0.83) than 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 18.6 | ||
| Altman-Z | 1.45 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- MRG-DB-B has a Current Ratio of 0.82. This is a bad value and indicates that MRG-DB-B is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.82, MRG-DB-B is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
- A Quick Ratio of 0.82 indicates that MRG-DB-B may have some problems paying its short term obligations.
- With a decent Quick ratio value of 0.82, MRG-DB-B is doing good in the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 64.99% over the past year.
- The Earnings Per Share has been growing slightly by 5.88% on average over the past years.
- Looking at the last year, MRG-DB-B shows a small growth in Revenue. The Revenue has grown by 3.83% in the last year.
- Measured over the past years, MRG-DB-B shows a small growth in Revenue. The Revenue has been growing by 6.98% on average per year.
EPS 1Y (TTM)64.99%
EPS 3Y-23.43%
EPS 5Y5.88%
EPS Q2Q%137.49%
Revenue 1Y (TTM)3.83%
Revenue growth 3Y11.91%
Revenue growth 5Y6.98%
Sales Q2Q%2.19%
3.2 Future
- Based on estimates for the next years, MRG-DB-B will show a very negative growth in Earnings Per Share. The EPS will decrease by -14.40% on average per year.
- The Revenue is expected to grow by 3.00% on average over the next years.
EPS Next Y-19.16%
EPS Next 2Y-22.59%
EPS Next 3Y-14.4%
EPS Next 5YN/A
Revenue Next Year3.7%
Revenue Next 2Y3.12%
Revenue Next 3Y3%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- MRG-DB-B is valuated quite expensively with a Price/Earnings ratio of 46.19.
- MRG-DB-B's Price/Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 27.47, MRG-DB-B is valued quite expensively.
- MRG-DB-B is valuated quite expensively with a Price/Forward Earnings ratio of 59.29.
- Based on the Price/Forward Earnings ratio, MRG-DB-B is valued a bit more expensive than 73.33% of the companies in the same industry.
- MRG-DB-B is valuated expensively when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.19 | ||
| Fwd PE | 59.29 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MRG-DB-B indicates a rather expensive valuation: MRG-DB-B more expensive than 93.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.32 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- MRG-DB-B's earnings are expected to decrease with -14.40% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)7.86
EPS Next 2Y-22.59%
EPS Next 3Y-14.4%
5. Dividend
5.1 Amount
- MRG-DB-B has a Yearly Dividend Yield of 4.17%, which is a nice return.
- MRG-DB-B's Dividend Yield is comparable with the industry average which is at 4.86.
- Compared to an average S&P500 Dividend Yield of 1.87, MRG-DB-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
5.2 History
- The dividend of MRG-DB-B has a limited annual growth rate of 2.33%.
- MRG-DB-B is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)2.33%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 21.37% of the earnings are spent on dividend by MRG-DB-B. This is a low number and sustainable payout ratio.
DP21.37%
EPS Next 2Y-22.59%
EPS Next 3Y-14.4%
TSX:MRG-DB-B (1/15/2026, 7:00:00 PM)
103
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)10-27 2025-10-27
Earnings (Next)02-10 2026-02-10
Inst Owners3.99%
Inst Owner ChangeN/A
Ins Owners4.51%
Ins Owner ChangeN/A
Market Cap3.60B
Revenue(TTM)354.36M
Net Income(TTM)123.69M
Analysts77.5
Price Target132.45 (28.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
Yearly Dividend0.49
Dividend Growth(5Y)2.33%
DP21.37%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-5.83%
PT rev (3m)8.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-3.73%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.19 | ||
| Fwd PE | 59.29 | ||
| P/S | 10.15 | ||
| P/FCF | 37.32 | ||
| P/OCF | 37.32 | ||
| P/B | 1.8 | ||
| P/tB | 1.8 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.23
EY2.17%
EPS(NY)1.74
Fwd EY1.69%
FCF(TTM)2.76
FCFY2.68%
OCF(TTM)2.76
OCFY2.68%
SpS10.14
BVpS57.08
TBVpS57.08
PEG (NY)N/A
PEG (5Y)7.86
Graham Number53.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.69% | ||
| ROE | 6.2% | ||
| ROCE | 4.25% | ||
| ROIC | 3.06% | ||
| ROICexc | 3.12% | ||
| ROICexgc | 3.12% | ||
| OM | 52.49% | ||
| PM (TTM) | 34.91% | ||
| GM | 58.88% | ||
| FCFM | 27.2% |
ROA(3y)4.04%
ROA(5y)4.95%
ROE(3y)9.04%
ROE(5y)11.44%
ROIC(3y)3.13%
ROIC(5y)3.1%
ROICexc(3y)3.15%
ROICexc(5y)3.12%
ROICexgc(3y)3.15%
ROICexgc(5y)3.12%
ROCE(3y)4.34%
ROCE(5y)4.31%
ROICexgc growth 3Y3.05%
ROICexgc growth 5Y-1.05%
ROICexc growth 3Y3.05%
ROICexc growth 5Y-1.05%
OM growth 3Y-0.01%
OM growth 5Y-0.52%
PM growth 3Y-33.04%
PM growth 5Y-1.1%
GM growth 3Y-0.62%
GM growth 5Y-0.82%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 18.6 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.64 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 77.94% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 1.45 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)60.15%
Profit Quality(5y)46.4%
High Growth Momentum
Growth
EPS 1Y (TTM)64.99%
EPS 3Y-23.43%
EPS 5Y5.88%
EPS Q2Q%137.49%
EPS Next Y-19.16%
EPS Next 2Y-22.59%
EPS Next 3Y-14.4%
EPS Next 5YN/A
Revenue 1Y (TTM)3.83%
Revenue growth 3Y11.91%
Revenue growth 5Y6.98%
Sales Q2Q%2.19%
Revenue Next Year3.7%
Revenue Next 2Y3.12%
Revenue Next 3Y3%
Revenue Next 5YN/A
EBIT growth 1Y2.04%
EBIT growth 3Y11.9%
EBIT growth 5Y6.42%
EBIT Next Year-7.73%
EBIT Next 3Y-0.46%
EBIT Next 5YN/A
FCF growth 1Y19.62%
FCF growth 3Y15.25%
FCF growth 5Y11.94%
OCF growth 1Y19.62%
OCF growth 3Y15.25%
OCF growth 5Y9.31%
MORGUARD NORTH AMERICAN / MRG-DB-B.CA FAQ
What does MRG-DB-B do?
Morguard North American Residential REIT is an open-ended real estate investment trust, which engages in owning a diversified portfolio of multi-suite residential rental properties. The company is headquartered in Mississauga, Ontario. The company went IPO on 2012-04-13. The company owns, through a limited partnership, interests in Canadian residential apartment communities located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland. The objectives of the REIT are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets and maximize the long-term value of the Units through active asset and property management, and expand the asset base of the REIT primarily through acquisitions and improvement of its properties through targeted and strategically deployed capital expenditures. Its multi-suite residential property portfolio consists of 16 Canadian properties and 27 U.S. properties, having a total of 13,089 residential suites and 239,500 square feet of commercial area.
What is the current price of MRG-DB-B stock?
The current stock price of MRG-DB-B.CA is 103 CAD.
What is the ChartMill technical and fundamental rating of MRG-DB-B stock?
MRG-DB-B.CA has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
Is MORGUARD NORTH AMERICAN (MRG-DB-B.CA) stock a good buy?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on MRG-DB-B.CA.