MORGUARD REIT (MRT-DB-A.CA) Fundamental Analysis & Valuation

TSX:MRT-DB-A • CA617914AP17

Current stock price

100.02 CAD
-0.13 (-0.13%)
Last:

This MRT-DB-A.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. MRT-DB-A.CA Profitability Analysis

1.1 Basic Checks

  • MRT-DB-A had negative earnings in the past year.
  • In the past year MRT-DB-A had a positive cash flow from operations.
  • In the past 5 years MRT-DB-A reported 4 times negative net income.
  • MRT-DB-A had a positive operating cash flow in each of the past 5 years.
MRT-DB-A.CA Yearly Net Income VS EBIT VS OCF VS FCFMRT-DB-A.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M -200M -300M

1.2 Ratios

  • MRT-DB-A's Return On Assets of -0.77% is in line compared to the rest of the industry. MRT-DB-A outperforms 48.57% of its industry peers.
  • With a Return On Equity value of -1.92%, MRT-DB-A perfoms like the industry average, outperforming 48.57% of the companies in the same industry.
  • MRT-DB-A has a better Return On Invested Capital (4.56%) than 62.86% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for MRT-DB-A is in line with the industry average of 5.56%.
Industry RankSector Rank
ROA -0.77%
ROE -1.92%
ROIC 4.56%
ROA(3y)-2.25%
ROA(5y)-2.03%
ROE(3y)-5.44%
ROE(5y)-4.82%
ROIC(3y)4.63%
ROIC(5y)4.41%
MRT-DB-A.CA Yearly ROA, ROE, ROICMRT-DB-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -10 -20 -30

1.3 Margins

  • Looking at the Operating Margin, with a value of 45.10%, MRT-DB-A is doing worse than 68.57% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MRT-DB-A has declined.
  • With a Gross Margin value of 46.72%, MRT-DB-A is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
  • MRT-DB-A's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 45.1%
PM (TTM) N/A
GM 46.72%
OM growth 3Y-2.91%
OM growth 5Y-3.1%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.5%
GM growth 5Y-3.07%
MRT-DB-A.CA Yearly Profit, Operating, Gross MarginsMRT-DB-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 -100

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. MRT-DB-A.CA Health Analysis

2.1 Basic Checks

  • MRT-DB-A has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • MRT-DB-A has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, MRT-DB-A has more shares outstanding
  • The debt/assets ratio for MRT-DB-A is higher compared to a year ago.
MRT-DB-A.CA Yearly Shares OutstandingMRT-DB-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
MRT-DB-A.CA Yearly Total Debt VS Total AssetsMRT-DB-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • An Altman-Z score of 3.16 indicates that MRT-DB-A is not in any danger for bankruptcy at the moment.
  • MRT-DB-A has a Altman-Z score of 3.16. This is amongst the best in the industry. MRT-DB-A outperforms 88.57% of its industry peers.
  • The Debt to FCF ratio of MRT-DB-A is 30.58, which is on the high side as it means it would take MRT-DB-A, 30.58 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 30.58, MRT-DB-A is doing worse than 74.29% of the companies in the same industry.
  • A Debt/Equity ratio of 0.96 indicates that MRT-DB-A is somewhat dependend on debt financing.
  • MRT-DB-A has a Debt to Equity ratio (0.96) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.96
Debt/FCF 30.58
Altman-Z 3.16
ROIC/WACC0.62
WACC7.33%
MRT-DB-A.CA Yearly LT Debt VS Equity VS FCFMRT-DB-A.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.3 Liquidity

  • MRT-DB-A has a Current Ratio of 0.04. This is a bad value and indicates that MRT-DB-A is not financially healthy enough and could expect problems in meeting its short term obligations.
  • MRT-DB-A has a worse Current ratio (0.04) than 88.57% of its industry peers.
  • A Quick Ratio of 0.04 indicates that MRT-DB-A may have some problems paying its short term obligations.
  • MRT-DB-A has a worse Quick ratio (0.04) than 88.57% of its industry peers.
Industry RankSector Rank
Current Ratio 0.04
Quick Ratio 0.04
MRT-DB-A.CA Yearly Current Assets VS Current LiabilitesMRT-DB-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. MRT-DB-A.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 74.37% over the past year.
  • The Revenue has decreased by -7.65% in the past year.
  • Measured over the past years, MRT-DB-A shows a decrease in Revenue. The Revenue has been decreasing by -1.17% on average per year.
EPS 1Y (TTM)74.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%78.37%
Revenue 1Y (TTM)-7.65%
Revenue growth 3Y-0.45%
Revenue growth 5Y-1.17%
Sales Q2Q%-6.58%

3.2 Future

  • The Earnings Per Share is expected to grow by 250.51% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, MRT-DB-A will show a small growth in Revenue. The Revenue will grow by 5.04% on average per year.
EPS Next Y1014.29%
EPS Next 2Y250.51%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.28%
Revenue Next 2Y5.04%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • 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.
MRT-DB-A.CA Yearly Revenue VS EstimatesMRT-DB-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M 250M
MRT-DB-A.CA Yearly EPS VS EstimatesMRT-DB-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2018 2019 2020 2021 2023 2024 2025 2026 2027 0 -2 -4

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2

4. MRT-DB-A.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for MRT-DB-A. In the last year negative earnings were reported.
  • Based on the Price/Forward Earnings ratio of 126.96, the valuation of MRT-DB-A can be described as expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as MRT-DB-A.
  • The average S&P500 Price/Forward Earnings ratio is at 23.72. MRT-DB-A is valued rather expensively when compared to this.
Industry RankSector Rank
PE N/A
Fwd PE 126.96
MRT-DB-A.CA Price Earnings VS Forward Price EarningsMRT-DB-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 100 -100 -200 -300

4.2 Price Multiples

  • MRT-DB-A's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, MRT-DB-A is valued more expensive than 82.86% of the companies in the same industry.
Industry RankSector Rank
P/FCF 164.43
EV/EBITDA 71.7
MRT-DB-A.CA Per share dataMRT-DB-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • MRT-DB-A's earnings are expected to grow with 250.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y250.51%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. MRT-DB-A.CA Dividend Analysis

5.1 Amount

  • MRT-DB-A has a Yearly Dividend Yield of 4.49%, which is a nice return.
  • With a Dividend Yield of 4.49, MRT-DB-A pays less dividend than the industry average, which is at 7.24. 82.86% of the companies listed in the same industry pay a better dividend than MRT-DB-A!
  • MRT-DB-A's Dividend Yield is rather good when compared to the S&P500 average which is at 1.91.
Industry RankSector Rank
Dividend Yield 4.49%

5.2 History

  • The dividend of MRT-DB-A decreases each year by -29.96%.
  • MRT-DB-A does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)-29.96%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • The earnings of MRT-DB-A are negative and hence is the payout ratio. MRT-DB-A will probably not be able to sustain this dividend level.
DP-22.82%
EPS Next 2Y250.51%
EPS Next 3YN/A
MRT-DB-A.CA Yearly Income VS Free CF VS DividendMRT-DB-A.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M -200M -300M

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Find the best dividend stocksShow peers with best dividend

MRT-DB-A.CA Fundamentals: All Metrics, Ratios and Statistics

MORGUARD REIT

TSX:MRT-DB-A (3/19/2026, 7:00:00 PM)

100.02

-0.13 (-0.13%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-11
Earnings (Next)04-28
Inst Owners0.87%
Inst Owner ChangeN/A
Ins Owners16.12%
Ins Owner ChangeN/A
Market Cap6.64B
Revenue(TTM)239.34M
Net Income(TTM)-16.56M
Analysts50
Price Target93.27 (-6.75%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.49%
Yearly Dividend0.06
Dividend Growth(5Y)-29.96%
DP-22.82%
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)0%
PT rev (3m)-7.96%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.3%
EPS NY rev (3m)1.3%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)4.65%
Revenue NY rev (3m)4.65%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 126.96
P/S 27.76
P/FCF 164.43
P/OCF 164.43
P/B 7.68
P/tB 7.68
EV/EBITDA 71.7
EPS(TTM)-0.26
EYN/A
EPS(NY)0.79
Fwd EY0.79%
FCF(TTM)0.61
FCFY0.61%
OCF(TTM)0.61
OCFY0.61%
SpS3.6
BVpS13.02
TBVpS13.02
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -0.77%
ROE -1.92%
ROCE 6.88%
ROIC 4.56%
ROICexc 4.57%
ROICexgc 4.57%
OM 45.1%
PM (TTM) N/A
GM 46.72%
FCFM 16.88%
ROA(3y)-2.25%
ROA(5y)-2.03%
ROE(3y)-5.44%
ROE(5y)-4.82%
ROIC(3y)4.63%
ROIC(5y)4.41%
ROICexc(3y)4.65%
ROICexc(5y)4.43%
ROICexgc(3y)4.65%
ROICexgc(5y)4.43%
ROCE(3y)6.83%
ROCE(5y)6.4%
ROICexgc growth 3Y2.19%
ROICexgc growth 5Y0.21%
ROICexc growth 3Y2.19%
ROICexc growth 5Y0.21%
OM growth 3Y-2.91%
OM growth 5Y-3.1%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.5%
GM growth 5Y-3.07%
F-Score4
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 0.96
Debt/FCF 30.58
Debt/EBITDA 7.72
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 1.79
Cash Conversion 37.41%
Profit Quality N/A
Current Ratio 0.04
Quick Ratio 0.04
Altman-Z 3.16
F-Score4
WACC7.33%
ROIC/WACC0.62
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)74.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%78.37%
EPS Next Y1014.29%
EPS Next 2Y250.51%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.65%
Revenue growth 3Y-0.45%
Revenue growth 5Y-1.17%
Sales Q2Q%-6.58%
Revenue Next Year6.28%
Revenue Next 2Y5.04%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-13.41%
EBIT growth 3Y-3.35%
EBIT growth 5Y-4.23%
EBIT Next Year9.95%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-26.78%
FCF growth 3Y-18.25%
FCF growth 5Y-2.94%
OCF growth 1Y-26.78%
OCF growth 3Y-18.25%
OCF growth 5Y-2.94%

MORGUARD REIT / MRT-DB-A.CA Fundamental Analysis FAQ

What is the fundamental rating for MRT-DB-A stock?

ChartMill assigns a fundamental rating of 2 / 10 to MRT-DB-A.CA.


What is the valuation status for MRT-DB-A stock?

ChartMill assigns a valuation rating of 2 / 10 to MORGUARD REIT (MRT-DB-A.CA). This can be considered as Overvalued.


Can you provide the profitability details for MORGUARD REIT?

MORGUARD REIT (MRT-DB-A.CA) has a profitability rating of 2 / 10.


Can you provide the expected EPS growth for MRT-DB-A stock?

The Earnings per Share (EPS) of MORGUARD REIT (MRT-DB-A.CA) is expected to grow by 1014.29% in the next year.