MORGUARD CORP (MRC.CA) Stock Fundamental Analysis
Canada - TSX:MRC - CA6175771014 - Common Stock
116.63 CAD
-0.12 (-0.1%)
Taking everything into account, MRC scores 4 out of 10 in our fundamental rating. MRC was compared to 29 industry peers in the Real Estate Management & Development industry. While MRC is still in line with the averages on profitability rating, there are concerns on its financial health. MRC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
MRC had positive earnings in the past year.
MRC had a positive operating cash flow in the past year.
Of the past 5 years MRC 4 years were profitable.
Each year in the past 5 years MRC had a positive operating cash flow.
1.2 Ratios
MRC has a Return On Assets of 1.61%. This is comparable to the rest of the industry: MRC outperforms 55.17% of its industry peers.
With a Return On Equity value of 4.40%, MRC perfoms like the industry average, outperforming 55.17% of the companies in the same industry.
The Return On Invested Capital of MRC (3.79%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for MRC is below the industry average of 8.03%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.61% | ||
| ROE | 4.4% | ||
| ROIC | 3.79% |
ROA(3y)1.3%
ROA(5y)0.95%
ROE(3y)3.73%
ROE(5y)2.73%
ROIC(3y)4.01%
ROIC(5y)3.86%
1.3 Margins
With a decent Profit Margin value of 16.79%, MRC is doing good in the industry, outperforming 72.41% of the companies in the same industry.
MRC's Profit Margin has improved in the last couple of years.
The Operating Margin of MRC (46.80%) is better than 79.31% of its industry peers.
In the last couple of years the Operating Margin of MRC has remained more or less at the same level.
MRC has a Gross Margin of 60.57%. This is in the better half of the industry: MRC outperforms 62.07% of its industry peers.
MRC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.8% | ||
| PM (TTM) | 16.79% | ||
| GM | 60.57% |
OM growth 3Y1.2%
OM growth 5Y1.04%
PM growth 3Y-0.95%
PM growth 5Y3.76%
GM growth 3Y1.4%
GM growth 5Y-3.61%
2. Health
2.1 Basic Checks
Compared to 1 year ago, MRC has less shares outstanding
MRC has less shares outstanding than it did 5 years ago.
MRC has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.69, we must say that MRC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MRC (0.69) is worse than 68.97% of its industry peers.
MRC has a debt to FCF ratio of 24.40. This is a negative value and a sign of low solvency as MRC would need 24.40 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 24.40, MRC is in line with its industry, outperforming 44.83% of the companies in the same industry.
MRC has a Debt/Equity ratio of 1.15. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of MRC (1.15) is worse than 62.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 24.4 | ||
| Altman-Z | 0.69 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MRC has a Current Ratio of 0.20. This is a bad value and indicates that MRC is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of MRC (0.20) is worse than 72.41% of its industry peers.
MRC has a Quick Ratio of 0.20. This is a bad value and indicates that MRC is not financially healthy enough and could expect problems in meeting its short term obligations.
MRC has a Quick ratio of 0.20. This is in the lower half of the industry: MRC underperforms 72.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.2 | ||
| Quick Ratio | 0.2 |
3. Growth
3.1 Past
The earnings per share for MRC have decreased by -6.13% in the last year.
Measured over the past 5 years, MRC shows a small growth in Earnings Per Share. The EPS has been growing by 3.52% on average per year.
The Revenue has decreased by -4.72% in the past year.
Measured over the past years, MRC shows a decrease in Revenue. The Revenue has been decreasing by -1.13% on average per year.
EPS 1Y (TTM)-6.13%
EPS 3Y2.5%
EPS 5Y3.52%
EPS Q2Q%1.28%
Revenue 1Y (TTM)-4.72%
Revenue growth 3Y2.56%
Revenue growth 5Y-1.13%
Sales Q2Q%0.68%
3.2 Future
Based on estimates for the next years, MRC will show a very negative growth in Earnings Per Share. The EPS will decrease by -14.07% on average per year.
Based on estimates for the next years, MRC will show a small growth in Revenue. The Revenue will grow by 1.68% on average per year.
EPS Next Y-25.73%
EPS Next 2Y-25.44%
EPS Next 3Y-14.07%
EPS Next 5YN/A
Revenue Next Year0.81%
Revenue Next 2Y1.3%
Revenue Next 3Y1.68%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 6.61, which indicates a rather cheap valuation of MRC.
MRC's Price/Earnings ratio is rather cheap when compared to the industry. MRC is cheaper than 86.21% of the companies in the same industry.
When comparing the Price/Earnings ratio of MRC to the average of the S&P500 Index (27.38), we can say MRC is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.22, the valuation of MRC can be described as very reasonable.
Based on the Price/Forward Earnings ratio, MRC is valued cheaper than 96.55% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MRC to the average of the S&P500 Index (22.86), we can say MRC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.61 | ||
| Fwd PE | 9.22 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, MRC is valued cheaply inside the industry as 86.21% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.2 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as MRC's earnings are expected to decrease with -14.07% in the coming years.
PEG (NY)N/A
PEG (5Y)1.88
EPS Next 2Y-25.44%
EPS Next 3Y-14.07%
5. Dividend
5.1 Amount
MRC has a yearly dividend return of 0.69%, which is pretty low.
Compared to an average industry Dividend Yield of 3.24, MRC has a dividend in line with its industry peers.
With a Dividend Yield of 0.69, MRC pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.69% |
5.2 History
The dividend of MRC has a limited annual growth rate of 1.26%.
MRC has paid a dividend for at least 10 years, which is a reliable track record.
MRC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.26%
Div Incr Years1
Div Non Decr Years21
5.3 Sustainability
4.23% of the earnings are spent on dividend by MRC. This is a low number and sustainable payout ratio.
DP4.23%
EPS Next 2Y-25.44%
EPS Next 3Y-14.07%
TSX:MRC (9/19/2025, 7:00:00 PM)
116.63
-0.12 (-0.1%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners2.76%
Inst Owner ChangeN/A
Ins Owners63.25%
Ins Owner ChangeN/A
Market Cap1.25B
Analysts45.71
Price Target142.8 (22.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.69% |
Yearly Dividend0.65
Dividend Growth(5Y)1.26%
DP4.23%
Div Incr Years1
Div Non Decr Years21
Ex-Date
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)-6.01%
EPS NY rev (3m)-6.01%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.8%
Revenue NY rev (3m)-1.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.61 | ||
| Fwd PE | 9.22 | ||
| P/S | 1.1 | ||
| P/FCF | 5.2 | ||
| P/OCF | 5.2 | ||
| P/B | 0.29 | ||
| P/tB | 0.29 | ||
| EV/EBITDA | N/A |
EPS(TTM)17.65
EY15.13%
EPS(NY)12.66
Fwd EY10.85%
FCF(TTM)22.44
FCFY19.24%
OCF(TTM)22.44
OCFY19.24%
SpS105.56
BVpS403.01
TBVpS399.87
PEG (NY)N/A
PEG (5Y)1.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.61% | ||
| ROE | 4.4% | ||
| ROCE | 5.13% | ||
| ROIC | 3.79% | ||
| ROICexc | 3.85% | ||
| ROICexgc | 3.86% | ||
| OM | 46.8% | ||
| PM (TTM) | 16.79% | ||
| GM | 60.57% | ||
| FCFM | 21.26% |
ROA(3y)1.3%
ROA(5y)0.95%
ROE(3y)3.73%
ROE(5y)2.73%
ROIC(3y)4.01%
ROIC(5y)3.86%
ROICexc(3y)4.06%
ROICexc(5y)3.91%
ROICexgc(3y)4.1%
ROICexgc(5y)3.95%
ROCE(3y)5.39%
ROCE(5y)5.16%
ROICexcg growth 3Y2.48%
ROICexcg growth 5Y-0.24%
ROICexc growth 3Y2.56%
ROICexc growth 5Y-0.18%
OM growth 3Y1.2%
OM growth 5Y1.04%
PM growth 3Y-0.95%
PM growth 5Y3.76%
GM growth 3Y1.4%
GM growth 5Y-3.61%
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 24.4 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.17 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 126.63% | ||
| Current Ratio | 0.2 | ||
| Quick Ratio | 0.2 | ||
| Altman-Z | 0.69 |
F-Score6
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)236.07%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.13%
EPS 3Y2.5%
EPS 5Y3.52%
EPS Q2Q%1.28%
EPS Next Y-25.73%
EPS Next 2Y-25.44%
EPS Next 3Y-14.07%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.72%
Revenue growth 3Y2.56%
Revenue growth 5Y-1.13%
Sales Q2Q%0.68%
Revenue Next Year0.81%
Revenue Next 2Y1.3%
Revenue Next 3Y1.68%
Revenue Next 5YN/A
EBIT growth 1Y-6.23%
EBIT growth 3Y3.79%
EBIT growth 5Y-0.1%
EBIT Next Year-4.69%
EBIT Next 3Y-0.13%
EBIT Next 5YN/A
FCF growth 1Y-17.43%
FCF growth 3Y-0.25%
FCF growth 5Y-1.38%
OCF growth 1Y-17.43%
OCF growth 3Y-0.25%
OCF growth 5Y-1.38%