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MORGUARD NORTH AMERICAN (MRG-DB-B.CA) Stock Price, Quote, News and Overview

TSX:MRG-DB-B - Toronto Stock Exchange - CA61761EAC45 - Currency: CAD

101.99  -0.01 (-0.01%)

Fundamental Rating

3

Overall MRG-DB-B gets a fundamental rating of 3 out of 10. We evaluated MRG-DB-B against 16 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.


Dividend Valuation Growth Profitability Health

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5

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.
In the past 5 years MRG-DB-B has always been profitable.
MRG-DB-B had a positive operating cash flow in each of the past 5 years.
MRG-DB-B.CA Yearly Net Income VS EBIT VS OCF VS FCFMRG-DB-B.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

1.2 Ratios

MRG-DB-B's Return On Assets of 2.45% is fine compared to the rest of the industry. MRG-DB-B outperforms 62.50% of its industry peers.
The Return On Equity of MRG-DB-B (5.65%) is better than 62.50% of its industry peers.
MRG-DB-B's Return On Invested Capital of 3.03% is in line compared to the rest of the industry. MRG-DB-B outperforms 43.75% of 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 3.31%.
Industry RankSector Rank
ROA 2.45%
ROE 5.65%
ROIC 3.03%
ROA(3y)4.04%
ROA(5y)4.95%
ROE(3y)9.04%
ROE(5y)11.44%
ROIC(3y)3.13%
ROIC(5y)3.1%
MRG-DB-B.CA Yearly ROA, ROE, ROICMRG-DB-B.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

MRG-DB-B has a better Profit Margin (32.65%) 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 worse Operating Margin (51.95%) than 68.75% 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.
The Gross Margin of MRG-DB-B (58.28%) is worse than 75.00% of its industry peers.
MRG-DB-B's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 51.95%
PM (TTM) 32.65%
GM 58.28%
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%
MRG-DB-B.CA Yearly Profit, Operating, Gross MarginsMRG-DB-B.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

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3

2. Health

2.1 Basic Checks

The number of shares outstanding for MRG-DB-B has been reduced compared to 1 year ago.
The number of shares outstanding for MRG-DB-B has been reduced compared to 5 years ago.
Compared to 1 year ago, MRG-DB-B has a worse debt to assets ratio.
MRG-DB-B.CA Yearly Shares OutstandingMRG-DB-B.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
MRG-DB-B.CA Yearly Total Debt VS Total AssetsMRG-DB-B.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

MRG-DB-B has an Altman-Z score of 1.40. 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 has a Altman-Z score of 1.40. This is amongst the best in the industry. MRG-DB-B outperforms 100.00% of its industry peers.
MRG-DB-B has a debt to FCF ratio of 19.40. This is a negative value and a sign of low solvency as MRG-DB-B would need 19.40 years to pay back of all of its debts.
MRG-DB-B has a worse Debt to FCF ratio (19.40) than 68.75% of its industry peers.
A Debt/Equity ratio of 0.79 indicates that MRG-DB-B is somewhat dependend on debt financing.
MRG-DB-B's Debt to Equity ratio of 0.79 is on the low side compared to the rest of the industry. MRG-DB-B is outperformed by 68.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.79
Debt/FCF 19.4
Altman-Z 1.4
ROIC/WACCN/A
WACCN/A
MRG-DB-B.CA Yearly LT Debt VS Equity VS FCFMRG-DB-B.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.3 Liquidity

MRG-DB-B has a Current Ratio of 0.58. 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.
The Current ratio of MRG-DB-B (0.58) is better than 75.00% of its industry peers.
MRG-DB-B has a Quick Ratio of 0.58. 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.
The Quick ratio of MRG-DB-B (0.58) is better than 87.50% of its industry peers.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.58
MRG-DB-B.CA Yearly Current Assets VS Current LiabilitesMRG-DB-B.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

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2

3. Growth

3.1 Past

The earnings per share for MRG-DB-B have decreased strongly by -32.41% in the last year.
The Earnings Per Share has been growing slightly by 5.88% on average over the past years.
MRG-DB-B shows a small growth in Revenue. In the last year, the Revenue has grown by 3.85%.
The Revenue has been growing slightly by 6.98% on average over the past years.
EPS 1Y (TTM)-32.41%
EPS 3Y-23.43%
EPS 5Y5.88%
EPS Q2Q%52.32%
Revenue 1Y (TTM)3.85%
Revenue growth 3Y11.91%
Revenue growth 5Y6.98%
Sales Q2Q%6.51%

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 -28.92% on average per year.
Based on estimates for the next years, MRG-DB-B will show a small growth in Revenue. The Revenue will grow by 4.96% on average per year.
EPS Next Y-51.22%
EPS Next 2Y-28.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.04%
Revenue Next 2Y4.96%
Revenue Next 3YN/A
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.
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.
MRG-DB-B.CA Yearly Revenue VS EstimatesMRG-DB-B.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M
MRG-DB-B.CA Yearly EPS VS EstimatesMRG-DB-B.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

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0

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 50.49, the valuation of MRG-DB-B can be described as expensive.
MRG-DB-B's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.21. MRG-DB-B is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 69.64, which means the current valuation is very expensive for MRG-DB-B.
81.25% of the companies in the same industry are cheaper than MRG-DB-B, based on the Price/Forward Earnings ratio.
MRG-DB-B's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.70.
Industry RankSector Rank
PE 50.49
Fwd PE 69.64
MRG-DB-B.CA Price Earnings VS Forward Price EarningsMRG-DB-B.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, MRG-DB-B is valued expensively inside the industry as 87.50% of the companies are valued cheaper.
Industry RankSector Rank
P/FCF 38.26
EV/EBITDA N/A
MRG-DB-B.CA Per share dataMRG-DB-B.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

MRG-DB-B's earnings are expected to decrease with -28.92% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)8.59
EPS Next 2Y-28.92%
EPS Next 3YN/A

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5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.17%, MRG-DB-B is a good candidate for dividend investing.
MRG-DB-B's Dividend Yield is a higher than the industry average which is at 4.58.
Compared to an average S&P500 Dividend Yield of 2.42, MRG-DB-B pays a better dividend.
Industry RankSector 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

23.44% of the earnings are spent on dividend by MRG-DB-B. This is a low number and sustainable payout ratio.
DP23.44%
EPS Next 2Y-28.92%
EPS Next 3YN/A
MRG-DB-B.CA Yearly Income VS Free CF VS DividendMRG-DB-B.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
MRG-DB-B.CA Dividend Payout.MRG-DB-B.CA Dividend Payout, showing the Payout Ratio.MRG-DB-B.CA Dividend Payout.PayoutRetained Earnings

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MORGUARD NORTH AMERICAN

TSX:MRG-DB-B (6/30/2025, 7:00:00 PM)

101.99

-0.01 (-0.01%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)04-29 2025-04-29
Earnings (Next)07-28 2025-07-28
Inst Owners4.31%
Inst Owner ChangeN/A
Ins Owners4.48%
Ins Owner ChangeN/A
Market Cap3.61B
Analysts80
Price Target122.5 (20.11%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.17%
Yearly Dividend0.49
Dividend Growth(5Y)2.33%
DP23.44%
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)-4.74%
PT rev (3m)-10.31%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.56%
Valuation
Industry RankSector Rank
PE 50.49
Fwd PE 69.64
P/S 10.32
P/FCF 38.26
P/OCF 38.26
P/B 1.79
P/tB 1.79
EV/EBITDA N/A
EPS(TTM)2.02
EY1.98%
EPS(NY)1.46
Fwd EY1.44%
FCF(TTM)2.67
FCFY2.61%
OCF(TTM)2.67
OCFY2.61%
SpS9.88
BVpS57.12
TBVpS57.12
PEG (NY)N/A
PEG (5Y)8.59
Profitability
Industry RankSector Rank
ROA 2.45%
ROE 5.65%
ROCE 4.21%
ROIC 3.03%
ROICexc 3.06%
ROICexgc 3.06%
OM 51.95%
PM (TTM) 32.65%
GM 58.28%
FCFM 26.98%
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%
ROICexcg growth 3Y3.05%
ROICexcg 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-Score4
Asset Turnover0.08
Health
Industry RankSector Rank
Debt/Equity 0.79
Debt/FCF 19.4
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 2.73
Cash Conversion N/A
Profit Quality 82.61%
Current Ratio 0.58
Quick Ratio 0.58
Altman-Z 1.4
F-Score4
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)-32.41%
EPS 3Y-23.43%
EPS 5Y5.88%
EPS Q2Q%52.32%
EPS Next Y-51.22%
EPS Next 2Y-28.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.85%
Revenue growth 3Y11.91%
Revenue growth 5Y6.98%
Sales Q2Q%6.51%
Revenue Next Year6.04%
Revenue Next 2Y4.96%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y0.08%
EBIT growth 3Y11.9%
EBIT growth 5Y6.42%
EBIT Next Year-6.38%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y17.13%
FCF growth 3Y15.25%
FCF growth 5Y11.94%
OCF growth 1Y17.13%
OCF growth 3Y15.25%
OCF growth 5Y9.31%