Logo image of MRG-DB-B.CA

MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Price, Quote, News and Overview

TSX:MRG-DB-B - Toronto Stock Exchange - CA61761EAC45 - Currency: CAD

102  +0.3 (+0.29%)

Fundamental Rating

3

Overall MRG-DB-B gets a fundamental rating of 3 out of 10. We evaluated MRG-DB-B against 16 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.


Dividend Valuation Growth Profitability Health

Quickly go to:

5

1. Profitability

1.1 Basic Checks

MRG-DB-B had positive earnings in the past year.
In the past year MRG-DB-B had a positive cash flow from operations.
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.
MRG-DB-B.CA Yearly Net Income VS EBIT VS OCF VS FCFMRG-DB-B.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

1.2 Ratios

Looking at the Return On Assets, with a value of 2.45%, MRG-DB-B is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
MRG-DB-B has a better Return On Equity (5.65%) than 62.50% of its industry peers.
MRG-DB-B's Return On Invested Capital of 3.03% is in line compared to the rest of the industry. MRG-DB-B outperforms 43.75% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MRG-DB-B is in line with the industry average of 3.31%.
Industry RankSector Rank
ROA 2.45%
ROE 5.65%
ROIC 3.03%
ROA(3y)4.04%
ROA(5y)4.95%
ROE(3y)9.04%
ROE(5y)11.44%
ROIC(3y)3.13%
ROIC(5y)3.1%
MRG-DB-B.CA Yearly ROA, ROE, ROICMRG-DB-B.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

MRG-DB-B has a Profit Margin of 32.65%. This is in the better half of the industry: MRG-DB-B outperforms 62.50% of its industry peers.
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 51.95% is on the low side compared to the rest of the industry. MRG-DB-B is outperformed by 68.75% of its industry peers.
MRG-DB-B's Operating Margin has been stable in the last couple of years.
MRG-DB-B has a worse Gross Margin (58.28%) than 75.00% of its industry peers.
In the last couple of years the Gross Margin of MRG-DB-B has remained more or less at the same level.
Industry RankSector Rank
OM 51.95%
PM (TTM) 32.65%
GM 58.28%
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%
MRG-DB-B.CA Yearly Profit, Operating, Gross MarginsMRG-DB-B.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

More info and screens

3

2. Health

2.1 Basic Checks

MRG-DB-B has less shares outstanding than it did 1 year ago.
MRG-DB-B has less shares outstanding than it did 5 years ago.
MRG-DB-B has a worse debt/assets ratio than last year.
MRG-DB-B.CA Yearly Shares OutstandingMRG-DB-B.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
MRG-DB-B.CA Yearly Total Debt VS Total AssetsMRG-DB-B.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

Based on the Altman-Z score of 1.40, 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 (1.40) than 100.00% of its industry peers.
The Debt to FCF ratio of MRG-DB-B is 19.40, which is on the high side as it means it would take MRG-DB-B, 19.40 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 19.40, MRG-DB-B is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.79 indicates that MRG-DB-B is somewhat dependend on debt financing.
MRG-DB-B's Debt to Equity ratio of 0.79 is on the low side compared to the rest of the industry. MRG-DB-B is outperformed by 68.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.79
Debt/FCF 19.4
Altman-Z 1.4
ROIC/WACCN/A
WACCN/A
MRG-DB-B.CA Yearly LT Debt VS Equity VS FCFMRG-DB-B.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.3 Liquidity

MRG-DB-B has a Current Ratio of 0.58. 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 0.58, MRG-DB-B is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
A Quick Ratio of 0.58 indicates that MRG-DB-B may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.58, MRG-DB-B belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.58
MRG-DB-B.CA Yearly Current Assets VS Current LiabilitesMRG-DB-B.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

More info and screens

2

3. Growth

3.1 Past

MRG-DB-B shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.41%.
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.
Looking at the last year, MRG-DB-B shows a small growth in Revenue. The Revenue has grown by 3.85% 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)-32.41%
EPS 3Y-23.43%
EPS 5Y5.88%
EPS Q2Q%52.32%
Revenue 1Y (TTM)3.85%
Revenue growth 3Y11.91%
Revenue growth 5Y6.98%
Sales Q2Q%6.51%

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 -28.92% on average per year.
The Revenue is expected to grow by 4.96% on average over the next years.
EPS Next Y-51.22%
EPS Next 2Y-28.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.04%
Revenue Next 2Y4.96%
Revenue Next 3YN/A
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.
MRG-DB-B.CA Yearly Revenue VS EstimatesMRG-DB-B.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M
MRG-DB-B.CA Yearly EPS VS EstimatesMRG-DB-B.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 50.50 indicates a quite expensive valuation of MRG-DB-B.
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 27.15, MRG-DB-B is valued quite expensively.
A Price/Forward Earnings ratio of 69.65 indicates a quite expensive valuation of MRG-DB-B.
MRG-DB-B's Price/Forward Earnings ratio is rather expensive when compared to the industry. MRG-DB-B is more expensive than 81.25% of the companies in the same industry.
MRG-DB-B's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.60.
Industry RankSector Rank
PE 50.5
Fwd PE 69.65
MRG-DB-B.CA Price Earnings VS Forward Price EarningsMRG-DB-B.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, MRG-DB-B is valued more expensive than 87.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 38.26
EV/EBITDA N/A
MRG-DB-B.CA Per share dataMRG-DB-B.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

MRG-DB-B's earnings are expected to decrease with -28.92% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)8.59
EPS Next 2Y-28.92%
EPS Next 3YN/A

More info and screens

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.17%, MRG-DB-B is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.58, MRG-DB-B pays a bit more dividend than its industry peers.
MRG-DB-B's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
Industry RankSector 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 does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)2.33%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

MRG-DB-B pays out 23.44% of its income as dividend. This is a sustainable payout ratio.
DP23.44%
EPS Next 2Y-28.92%
EPS Next 3YN/A
MRG-DB-B.CA Yearly Income VS Free CF VS DividendMRG-DB-B.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
MRG-DB-B.CA Dividend Payout.MRG-DB-B.CA Dividend Payout, showing the Payout Ratio.MRG-DB-B.CA Dividend Payout.PayoutRetained Earnings

More info and screens

MORGUARD NORTH AMERICAN

TSX:MRG-DB-B (6/26/2025, 7:00:00 PM)

102

+0.3 (+0.29%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)04-29 2025-04-29
Earnings (Next)07-28 2025-07-28
Inst Owners4.31%
Inst Owner ChangeN/A
Ins Owners4.48%
Ins Owner ChangeN/A
Market Cap3.61B
Analysts80
Price Target122.5 (20.1%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.17%
Yearly Dividend0.49
Dividend Growth(5Y)2.33%
DP23.44%
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)-4.74%
PT rev (3m)-10.31%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.56%
Valuation
Industry RankSector Rank
PE 50.5
Fwd PE 69.65
P/S 10.32
P/FCF 38.26
P/OCF 38.26
P/B 1.79
P/tB 1.79
EV/EBITDA N/A
EPS(TTM)2.02
EY1.98%
EPS(NY)1.46
Fwd EY1.44%
FCF(TTM)2.67
FCFY2.61%
OCF(TTM)2.67
OCFY2.61%
SpS9.88
BVpS57.12
TBVpS57.12
PEG (NY)N/A
PEG (5Y)8.59
Profitability
Industry RankSector Rank
ROA 2.45%
ROE 5.65%
ROCE 4.21%
ROIC 3.03%
ROICexc 3.06%
ROICexgc 3.06%
OM 51.95%
PM (TTM) 32.65%
GM 58.28%
FCFM 26.98%
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%
ROICexcg growth 3Y3.05%
ROICexcg 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-Score4
Asset Turnover0.08
Health
Industry RankSector Rank
Debt/Equity 0.79
Debt/FCF 19.4
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 2.73
Cash Conversion N/A
Profit Quality 82.61%
Current Ratio 0.58
Quick Ratio 0.58
Altman-Z 1.4
F-Score4
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)-32.41%
EPS 3Y-23.43%
EPS 5Y5.88%
EPS Q2Q%52.32%
EPS Next Y-51.22%
EPS Next 2Y-28.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.85%
Revenue growth 3Y11.91%
Revenue growth 5Y6.98%
Sales Q2Q%6.51%
Revenue Next Year6.04%
Revenue Next 2Y4.96%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y0.08%
EBIT growth 3Y11.9%
EBIT growth 5Y6.42%
EBIT Next Year-6.38%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y17.13%
FCF growth 3Y15.25%
FCF growth 5Y11.94%
OCF growth 1Y17.13%
OCF growth 3Y15.25%
OCF growth 5Y9.31%