MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Price, Forecast & Analysis
Canada - TSX:MRG-DB-B - CA61761EAC45
103.5 CAD
+0.92 (+0.9%)
Taking everything into account, MRG-DB-B scores 3 out of 10 in our fundamental rating. MRG-DB-B was compared to 17 industry peers in the Residential REITs industry. There are concerns on the financial health of MRG-DB-B while its profitability can be described as average. 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.
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.
MRG-DB-B had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MRG-DB-B has a better Return On Assets (2.69%) than 62.50% of its industry peers.
With a decent Return On Equity value of 6.20%, MRG-DB-B is doing good in the industry, outperforming 62.50% 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 line with its industry, outperforming 56.25% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MRG-DB-B is in line with the industry average of 2.95%.
| 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 in the better half of the industry: MRG-DB-B outperforms 62.50% of its industry peers.
MRG-DB-B's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 52.49%, MRG-DB-B perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
In the last couple of years the Operating Margin of MRG-DB-B has remained more or less at the same level.
Looking at the Gross Margin, with a value of 58.88%, MRG-DB-B is doing worse than 75.00% of the companies in the same industry.
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
Compared to 1 year ago, MRG-DB-B has less shares outstanding
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.
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.
With a Debt to FCF ratio value of 18.60, MRG-DB-B is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.83 indicates that MRG-DB-B is somewhat dependend on debt financing.
MRG-DB-B's Debt to Equity ratio of 0.83 is on the low side compared to the rest of the industry. MRG-DB-B is outperformed by 75.00% 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.
MRG-DB-B has a better Current ratio (0.82) than 87.50% 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 has a Quick ratio of 0.82. This is amongst the best in the industry. MRG-DB-B outperforms 87.50% of its industry peers.
| 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.
The Revenue has been growing slightly by 3.83% in the past 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
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 3.44% 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 Year4.91%
Revenue Next 2Y3.9%
Revenue Next 3Y3.44%
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 46.41, 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.
When comparing the Price/Earnings ratio of MRG-DB-B to the average of the S&P500 Index (25.89), we can say MRG-DB-B is valued expensively.
A Price/Forward Earnings ratio of 59.58 indicates a quite expensive valuation of MRG-DB-B.
Based on the Price/Forward Earnings ratio, MRG-DB-B is valued expensively inside the industry as 81.25% of the companies are valued cheaper.
MRG-DB-B is valuated expensively when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.41 | ||
| Fwd PE | 59.58 |
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 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.58 | ||
| 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)7.89
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 a higher than the industry average which is at 4.52.
MRG-DB-B's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| 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 (11/12/2025, 7:00:00 PM)
103.5
+0.92 (+0.9%)
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)354.36M
Net Income(TTM)123.69M
Analysts80
Price Target133.06 (28.56%)
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)8.62%
PT rev (3m)8.62%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.73%
EPS NY rev (3m)65.71%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.41 | ||
| Fwd PE | 59.58 | ||
| P/S | 10.22 | ||
| P/FCF | 37.58 | ||
| P/OCF | 37.58 | ||
| P/B | 1.82 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.23
EY2.15%
EPS(NY)1.74
Fwd EY1.68%
FCF(TTM)2.75
FCFY2.66%
OCF(TTM)2.75
OCFY2.66%
SpS10.12
BVpS56.97
TBVpS56.97
PEG (NY)N/A
PEG (5Y)7.89
Graham Number53.46
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 Year4.91%
Revenue Next 2Y3.9%
Revenue Next 3Y3.44%
Revenue Next 5YN/A
EBIT growth 1Y2.04%
EBIT growth 3Y11.9%
EBIT growth 5Y6.42%
EBIT Next Year-6.66%
EBIT Next 3Y-0.04%
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 103.5 CAD. The price increased by 0.9% 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.