MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Price, Forecast & Analysis
Canada - Toronto Stock Exchange - TSX:MRG-DB-B - CA61761EAC45
103 CAD
0 (0%)
We assign a fundamental rating of 3 out of 10 to MRG-DB-B. MRG-DB-B was compared to 14 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 does not seem to be growing, but still is valued expensively.
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
With a Return On Assets value of 2.69%, MRG-DB-B perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
The Return On Equity of MRG-DB-B (6.20%) is comparable to the rest of the industry.
MRG-DB-B has a Return On Invested Capital of 3.06%. This is in the better half of the industry: MRG-DB-B outperforms 64.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MRG-DB-B is in line with the industry average of 3.07%.
| 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
MRG-DB-B has a Profit Margin (34.91%) which is in line with its industry peers.
MRG-DB-B's Profit Margin has been stable in the last couple of years.
MRG-DB-B has a Operating Margin of 52.49%. This is comparable to the rest of the industry: MRG-DB-B outperforms 50.00% of its industry peers.
MRG-DB-B's Operating Margin has been stable in the last couple of years.
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 85.71% 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
The debt/assets ratio for MRG-DB-B is higher compared to a year ago.
2.2 Solvency
MRG-DB-B has an Altman-Z score of 1.45. This is a bad value and indicates that MRG-DB-B is not financially healthy and even has some risk of bankruptcy.
MRG-DB-B's Altman-Z score of 1.45 is amongst the best of the industry. MRG-DB-B outperforms 100.00% of its industry peers.
MRG-DB-B has a debt to FCF ratio of 18.60. This is a negative value and a sign of low solvency as MRG-DB-B would need 18.60 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 18.60, MRG-DB-B is doing worse than 78.57% of the companies in the same industry.
A Debt/Equity ratio of 0.83 indicates that MRG-DB-B is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.83, MRG-DB-B is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 18.6 | ||
| Altman-Z | 1.45 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.82 indicates that MRG-DB-B may have some problems paying its short term obligations.
With an excellent Current ratio value of 0.82, MRG-DB-B belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
MRG-DB-B has a Quick 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 Quick ratio, with a value of 0.82, MRG-DB-B belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
MRG-DB-B shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 64.99%, which is quite impressive.
Measured over the past 5 years, MRG-DB-B shows a small growth in Earnings Per Share. The EPS has been growing by 5.88% on average per year.
MRG-DB-B shows a small growth in Revenue. In the last year, the Revenue has grown by 3.83%.
The Revenue has been growing slightly by 6.98% on average over the past years.
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
MRG-DB-B is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -14.40% yearly.
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
With a Price/Earnings ratio of 46.19, MRG-DB-B can be considered very expensive at the moment.
MRG-DB-B's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.57, MRG-DB-B is valued quite expensively.
Based on the Price/Forward Earnings ratio of 59.29, the valuation of MRG-DB-B can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MRG-DB-B indicates a slightly more expensive valuation: MRG-DB-B is more expensive than 78.57% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of MRG-DB-B to the average of the S&P500 Index (24.04), we can say MRG-DB-B is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.19 | ||
| Fwd PE | 59.29 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MRG-DB-B is valued more expensive than 92.86% of the companies 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
With a Yearly Dividend Yield of 4.17%, MRG-DB-B is a good candidate for dividend investing.
MRG-DB-B's Dividend Yield is a higher than the industry average which is at 4.76.
Compared to an average S&P500 Dividend Yield of 1.88, 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 (12/23/2025, 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)
Earnings (Next)
Inst Owners3.98%
Inst Owner ChangeN/A
Ins Owners4.53%
Ins Owner ChangeN/A
Market Cap3.60B
Revenue(TTM)354.36M
Net Income(TTM)123.69M
Analysts77.5
Price Target140.66 (36.56%)
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)5.71%
PT rev (3m)14.82%
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)-1.15%
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 stock price of MORGUARD NORTH AMERICAN today?
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 4 out of 10 and a ChartMill Fundamental rating of 3 out of 10.