MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Price, Forecast & Analysis
Canada - TSX:MRG-DB-B - CA61761EAC45
103.5 CAD
+0.99 (+0.97%)
We assign a fundamental rating of 4 out of 10 to MRG-DB-B. MRG-DB-B was compared to 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.
1. Profitability
1.1 Basic Checks
In the past year MRG-DB-B was profitable.
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.
Each year in the past 5 years MRG-DB-B had a positive operating cash flow.
1.2 Ratios
MRG-DB-B has a Return On Assets of 2.10%. This is in the better half of the industry: MRG-DB-B outperforms 62.50% of its industry peers.
MRG-DB-B's Return On Equity of 4.83% is fine compared to the rest of the industry. MRG-DB-B outperforms 62.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.15%, MRG-DB-B is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MRG-DB-B is in line with the industry average of 2.99%.
The 3 year average ROIC (3.13%) for MRG-DB-B is below the current ROIC(3.15%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 4.83% | ||
| ROIC | 3.15% |
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
The Profit Margin of MRG-DB-B (26.97%) is better than 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 has a Operating Margin of 52.17%. This is comparable to the rest of the industry: MRG-DB-B outperforms 43.75% of its industry peers.
MRG-DB-B's Operating Margin has been stable in the last couple of years.
MRG-DB-B has a Gross Margin of 58.53%. This is in the lower half of the industry: MRG-DB-B underperforms 75.00% of its industry peers.
MRG-DB-B's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.17% | ||
| PM (TTM) | 26.97% | ||
| GM | 58.53% |
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.
MRG-DB-B has less shares outstanding than it did 5 years ago.
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 1.43. This is a bad value and indicates that MRG-DB-B is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.43, MRG-DB-B belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of MRG-DB-B is 19.06, which is on the high side as it means it would take MRG-DB-B, 19.06 years of fcf income to pay off all of its debts.
MRG-DB-B has a Debt to FCF ratio of 19.06. This is in the lower half of the industry: MRG-DB-B underperforms 68.75% of its industry peers.
A Debt/Equity ratio of 0.77 indicates that MRG-DB-B is somewhat dependend on debt financing.
The Debt to Equity ratio of MRG-DB-B (0.77) is worse than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 19.06 | ||
| Altman-Z | 1.43 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.52 indicates that MRG-DB-B may have some problems paying its short term obligations.
The Current ratio of MRG-DB-B (0.52) is better than 75.00% of its industry peers.
A Quick Ratio of 0.52 indicates that MRG-DB-B may have some problems paying its short term obligations.
MRG-DB-B has a better Quick ratio (0.52) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
The earnings per share for MRG-DB-B have decreased strongly by -30.15% in the last year.
The Earnings Per Share has been growing slightly by 5.88% on average over the past years.
MRG-DB-B shows a small growth in Revenue. In the last year, the Revenue has grown by 3.93%.
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)-30.15%
EPS 3Y-23.43%
EPS 5Y5.88%
EPS Q2Q%-37.17%
Revenue 1Y (TTM)3.93%
Revenue growth 3Y11.91%
Revenue growth 5Y6.98%
Sales Q2Q%3.24%
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 -19.63% on average per year.
The Revenue is expected to grow by 4.27% on average over the next years.
EPS Next Y-16.03%
EPS Next 2Y-29.17%
EPS Next 3Y-19.63%
EPS Next 5YN/A
Revenue Next Year4.91%
Revenue Next 2Y4.44%
Revenue Next 3Y4.27%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 60.88, MRG-DB-B can be considered very expensive at the moment.
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 26.34, MRG-DB-B is valued quite expensively.
MRG-DB-B is valuated quite expensively with a Price/Forward Earnings ratio of 71.16.
Based on the Price/Forward Earnings ratio, MRG-DB-B is valued more expensive than 81.25% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MRG-DB-B to the average of the S&P500 Index (34.43), we can say MRG-DB-B is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 60.88 | ||
| Fwd PE | 71.16 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MRG-DB-B is valued more expensive than 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.01 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of MRG-DB-B may justify a higher PE ratio.
MRG-DB-B's earnings are expected to decrease with -19.63% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)10.36
EPS Next 2Y-29.17%
EPS Next 3Y-19.63%
5. Dividend
5.1 Amount
MRG-DB-B has a Yearly Dividend Yield of 4.17%, which is a nice return.
Compared to an average industry Dividend Yield of 4.38, 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 2.36.
| 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
MRG-DB-B pays out 28.03% of its income as dividend. This is a sustainable payout ratio.
DP28.03%
EPS Next 2Y-29.17%
EPS Next 3Y-19.63%
TSX:MRG-DB-B (11/12/2025, 7:00:00 PM)
103.5
+0.99 (+0.97%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners4.37%
Inst Owner ChangeN/A
Ins Owners4.53%
Ins Owner ChangeN/A
Market Cap3.62B
Revenue(TTM)352.49M
Net Income(TTM)95.05M
Analysts80
Price Target122.5 (18.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
Yearly Dividend0.49
Dividend Growth(5Y)2.33%
DP28.03%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)72.14%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 60.88 | ||
| Fwd PE | 71.16 | ||
| P/S | 10.28 | ||
| P/FCF | 39.01 | ||
| P/OCF | 39.01 | ||
| P/B | 1.84 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.7
EY1.64%
EPS(NY)1.45
Fwd EY1.41%
FCF(TTM)2.65
FCFY2.56%
OCF(TTM)2.65
OCFY2.56%
SpS10.07
BVpS56.28
TBVpS56.28
PEG (NY)N/A
PEG (5Y)10.36
Graham Number46.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 4.83% | ||
| ROCE | 4.38% | ||
| ROIC | 3.15% | ||
| ROICexc | 3.2% | ||
| ROICexgc | 3.2% | ||
| OM | 52.17% | ||
| PM (TTM) | 26.97% | ||
| GM | 58.53% | ||
| FCFM | 26.34% |
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 | 0.77 | ||
| Debt/FCF | 19.06 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.68 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 97.69% | ||
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 1.43 |
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)-30.15%
EPS 3Y-23.43%
EPS 5Y5.88%
EPS Q2Q%-37.17%
EPS Next Y-16.03%
EPS Next 2Y-29.17%
EPS Next 3Y-19.63%
EPS Next 5YN/A
Revenue 1Y (TTM)3.93%
Revenue growth 3Y11.91%
Revenue growth 5Y6.98%
Sales Q2Q%3.24%
Revenue Next Year4.91%
Revenue Next 2Y4.44%
Revenue Next 3Y4.27%
Revenue Next 5YN/A
EBIT growth 1Y0.67%
EBIT growth 3Y11.9%
EBIT growth 5Y6.42%
EBIT Next Year-6.66%
EBIT Next 3Y-0.04%
EBIT Next 5YN/A
FCF growth 1Y-0.05%
FCF growth 3Y15.25%
FCF growth 5Y11.94%
OCF growth 1Y-0.05%
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 103.5 CAD. The price increased by 0.97% in the last trading session.
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 4 out of 10.