MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Price, Forecast & Analysis
Canada - Toronto Stock Exchange - TSX:MRG-DB-B - CA61761EAC45
102.93 CAD
-2.07 (-1.97%)
MRG-DB-B gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 16 industry peers in the Residential REITs industry. MRG-DB-B has a medium profitability rating, but doesn't score so well on its financial health evaluation. MRG-DB-B does not seem to be growing, but still is valued expensively.
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.
In the past 5 years MRG-DB-B always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.69%, MRG-DB-B is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
MRG-DB-B has a better Return On Equity (6.20%) than 62.50% of its industry peers.
MRG-DB-B has a Return On Invested Capital (3.06%) which is in line with its industry peers.
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
MRG-DB-B has a better Profit Margin (34.91%) than 62.50% of its industry peers.
MRG-DB-B's Profit Margin has been stable in the last couple of years.
MRG-DB-B has a Operating Margin (52.49%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of MRG-DB-B has remained more or less at the same level.
With a Gross Margin value of 58.88%, MRG-DB-B is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
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
The number of shares outstanding for MRG-DB-B has been reduced compared to 5 years ago.
MRG-DB-B has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.45, we must say that MRG-DB-B is in the distress zone and has some risk of bankruptcy.
MRG-DB-B has a better Altman-Z score (1.45) than 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.
Looking at the Debt to FCF ratio, with a value of 18.60, MRG-DB-B is doing worse than 81.25% of the companies in the same industry.
A Debt/Equity ratio of 0.83 indicates that MRG-DB-B is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.83, MRG-DB-B is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 18.6 | ||
| Altman-Z | 1.45 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.82 indicates that MRG-DB-B may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.82, MRG-DB-B belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
A Quick Ratio of 0.82 indicates that MRG-DB-B may have some problems paying its short term obligations.
The Quick ratio of MRG-DB-B (0.82) is better than 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.
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
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 -14.40% on average per year.
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
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 46.16, MRG-DB-B can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as MRG-DB-B.
The average S&P500 Price/Earnings ratio is at 26.37. MRG-DB-B is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 59.25, MRG-DB-B can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, MRG-DB-B is valued more expensive than 81.25% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.20. MRG-DB-B is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.16 | ||
| Fwd PE | 59.25 |
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 | 37.38 | ||
| 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)7.85
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 4.38, MRG-DB-B pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, 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 does not have a reliable dividend history as it only pays dividend since a couple or years.
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 (12/2/2025, 7:00:00 PM)
102.93
-2.07 (-1.97%)
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 Cap3.60B
Revenue(TTM)354.36M
Net Income(TTM)123.69M
Analysts80
Price Target132.44 (28.67%)
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)-3.73%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.16 | ||
| Fwd PE | 59.25 | ||
| P/S | 10.17 | ||
| P/FCF | 37.38 | ||
| P/OCF | 37.38 | ||
| P/B | 1.81 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.23
EY2.17%
EPS(NY)1.74
Fwd EY1.69%
FCF(TTM)2.75
FCFY2.68%
OCF(TTM)2.75
OCFY2.68%
SpS10.12
BVpS56.95
TBVpS56.95
PEG (NY)N/A
PEG (5Y)7.85
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 102.93 CAD. The price decreased by -1.97% 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 3 out of 10.