MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Price, Forecast & Analysis
Canada - Toronto Stock Exchange - TSX:MRG-DB-B - CA61761EAC45
104.8 CAD
+1.95 (+1.9%)
We assign a fundamental rating of 3 out of 10 to MRG-DB-B. MRG-DB-B was compared to 16 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.
In the past 5 years MRG-DB-B has always been profitable.
In the past 5 years MRG-DB-B always reported a positive cash flow from operatings.
1.2 Ratios
MRG-DB-B has a Return On Assets of 2.69%. This is in the better half of the industry: MRG-DB-B outperforms 62.50% of its industry peers.
The Return On Equity of MRG-DB-B (6.20%) is better than 62.50% of its industry peers.
With a Return On Invested Capital value of 3.06%, MRG-DB-B perfoms like the industry average, outperforming 56.25% 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 3.14%.
| 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
With a decent Profit Margin value of 34.91%, MRG-DB-B is doing good in the industry, outperforming 62.50% of the companies in the same industry.
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 56.25% of its industry peers.
In the last couple of years the Operating Margin of MRG-DB-B has remained more or less at the same level.
MRG-DB-B has a Gross Margin of 58.88%. This is in the lower half of the industry: MRG-DB-B underperforms 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 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.
MRG-DB-B has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MRG-DB-B has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.46, we must say that MRG-DB-B is in the distress zone and has some risk of bankruptcy.
MRG-DB-B's Altman-Z score of 1.46 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.
The Debt to FCF ratio of MRG-DB-B (18.60) is worse than 81.25% of its industry peers.
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.
The Debt to Equity ratio of MRG-DB-B (0.83) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 18.6 | ||
| Altman-Z | 1.46 |
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.
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.
MRG-DB-B's Quick ratio of 0.82 is amongst the best of 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
The Earnings Per Share has grown by an impressive 64.99% over the past year.
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.
Based on estimates for the next years, MRG-DB-B will show a small growth in Revenue. The Revenue will grow by 3.44% 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 Year4.91%
Revenue Next 2Y3.9%
Revenue Next 3Y3.44%
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 47.00, the valuation of MRG-DB-B can be described as expensive.
MRG-DB-B's Price/Earnings ratio is in line with the industry average.
MRG-DB-B's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.15.
With a Price/Forward Earnings ratio of 60.33, 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 rather expensive valuation: MRG-DB-B more expensive than 81.25% 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 (36.12), we can say MRG-DB-B is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47 | ||
| Fwd PE | 60.33 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MRG-DB-B is valued expensively inside the industry as 93.75% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.05 | ||
| 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)7.99
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 4.39.
Compared to an average S&P500 Dividend Yield of 2.41, 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 (11/24/2025, 7:00:00 PM)
104.8
+1.95 (+1.9%)
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 Cap3.67B
Revenue(TTM)354.36M
Net Income(TTM)123.69M
Analysts80
Price Target132.44 (26.37%)
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)8.12%
PT rev (3m)8.12%
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 | 47 | ||
| Fwd PE | 60.33 | ||
| P/S | 10.35 | ||
| P/FCF | 38.05 | ||
| P/OCF | 38.05 | ||
| P/B | 1.84 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.23
EY2.13%
EPS(NY)1.74
Fwd EY1.66%
FCF(TTM)2.75
FCFY2.63%
OCF(TTM)2.75
OCFY2.63%
SpS10.12
BVpS56.97
TBVpS56.97
PEG (NY)N/A
PEG (5Y)7.99
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 | 1.46 |
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 104.8 CAD. The price increased by 1.9% 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 3 out of 10.