MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MRG-DB-B - CA61761EAC45
103.2 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
- In the past year MRG-DB-B was profitable.
- In the past year MRG-DB-B had a positive cash flow from operations.
- MRG-DB-B had positive earnings in each of the past 5 years.
- Each year in the past 5 years MRG-DB-B had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of MRG-DB-B (2.69%) is comparable to the rest of the industry.
- With a Return On Equity value of 6.20%, MRG-DB-B perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 3.06%, MRG-DB-B is in the better half of the industry, outperforming 66.67% 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 2.87%.
| 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
- MRG-DB-B has a Profit Margin of 34.91%. This is comparable to the rest of the industry: MRG-DB-B outperforms 60.00% 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.
- The Operating Margin of MRG-DB-B (52.49%) is comparable to the rest of the industry.
- MRG-DB-B's Operating Margin has been stable in the last couple of years.
- Looking at the Gross Margin, with a value of 58.88%, MRG-DB-B is doing worse than 80.00% of the companies in the same industry.
- In the last couple of years the Gross Margin of MRG-DB-B has remained more or less at the same level.
| 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
- The number of shares outstanding for MRG-DB-B has been reduced compared to 1 year ago.
- Compared to 5 years ago, MRG-DB-B has less shares outstanding
- Compared to 1 year ago, MRG-DB-B has a worse debt to assets ratio.
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.
- With an excellent Altman-Z score value of 1.45, MRG-DB-B belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- 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.
- With a Debt to FCF ratio value of 18.60, MRG-DB-B is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
- MRG-DB-B has a Debt/Equity ratio of 0.83. This is a neutral value indicating MRG-DB-B is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.83, MRG-DB-B is doing worse than 73.33% of the companies in the same industry.
| 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.
- MRG-DB-B has a better Current ratio (0.82) than 80.00% of its industry peers.
- A Quick Ratio of 0.82 indicates that MRG-DB-B may have some problems paying its short term obligations.
- MRG-DB-B's Quick ratio of 0.82 is fine compared to the rest of the industry. MRG-DB-B outperforms 80.00% of its industry peers.
| 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.
- MRG-DB-B shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.88% yearly.
- 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.
- MRG-DB-B shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.98% yearly.
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
- The Earnings Per Share is expected to decrease by -14.40% on average over the next years. This is quite bad
- Based on estimates for the next years, MRG-DB-B will show a small growth in Revenue. The Revenue will grow by 3.00% on average per year.
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
- 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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 46.28, the valuation of MRG-DB-B can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of MRG-DB-B is on the same level as its industry peers.
- When comparing the Price/Earnings ratio of MRG-DB-B to the average of the S&P500 Index (28.60), we can say MRG-DB-B is valued expensively.
- With a Price/Forward Earnings ratio of 59.41, MRG-DB-B can be considered very expensive at the moment.
- 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 73.33% of the companies listed in the same industry.
- MRG-DB-B is valuated expensively when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.28 | ||
| Fwd PE | 59.41 |
4.2 Price Multiples
- MRG-DB-B's Price/Free Cash Flow ratio is rather expensive when compared to the industry. MRG-DB-B is more expensive than 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.39 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A cheap valuation may be justified as MRG-DB-B's earnings are expected to decrease with -14.40% in the coming years.
PEG (NY)N/A
PEG (5Y)7.87
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.
- Compared to an average industry Dividend Yield of 4.85, MRG-DB-B has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, 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
- MRG-DB-B pays out 21.37% of its income as dividend. This is a sustainable payout ratio.
DP21.37%
EPS Next 2Y-22.59%
EPS Next 3Y-14.4%
MORGUARD NORTH AMERICAN / MRG-DB-B.CA FAQ
What is the fundamental rating for MRG-DB-B stock?
ChartMill assigns a fundamental rating of 3 / 10 to MRG-DB-B.CA.
What is the valuation status for MRG-DB-B stock?
ChartMill assigns a valuation rating of 0 / 10 to MORGUARD NORTH AMERICAN (MRG-DB-B.CA). This can be considered as Overvalued.
What is the profitability of MRG-DB-B stock?
MORGUARD NORTH AMERICAN (MRG-DB-B.CA) has a profitability rating of 5 / 10.
Can you provide the financial health for MRG-DB-B stock?
The financial health rating of MORGUARD NORTH AMERICAN (MRG-DB-B.CA) is 3 / 10.
What is the expected EPS growth for MORGUARD NORTH AMERICAN (MRG-DB-B.CA) stock?
The Earnings per Share (EPS) of MORGUARD NORTH AMERICAN (MRG-DB-B.CA) is expected to decline by -19.16% in the next year.