MORGUARD REIT (MRT-DB-A.CA) Stock Price, Forecast & Analysis
Canada - Toronto Stock Exchange - TSX:MRT-DB-A - CA617914AP17
100.42 CAD
-1.38 (-1.36%)
Taking everything into account, MRT-DB-A scores 2 out of 10 in our fundamental rating. MRT-DB-A was compared to 38 industry peers in the Diversified REITs industry. MRT-DB-A may be in some trouble as it scores bad on both profitability and health. MRT-DB-A is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year MRT-DB-A has reported negative net income.
MRT-DB-A had a positive operating cash flow in the past year.
MRT-DB-A had negative earnings in 4 of the past 5 years.
In the past 5 years MRT-DB-A always reported a positive cash flow from operatings.
1.2 Ratios
MRT-DB-A's Return On Assets of -2.03% is in line compared to the rest of the industry. MRT-DB-A outperforms 42.11% of its industry peers.
MRT-DB-A has a Return On Equity (-5.06%) which is in line with its industry peers.
MRT-DB-A has a Return On Invested Capital of 4.23%. This is comparable to the rest of the industry: MRT-DB-A outperforms 57.89% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MRT-DB-A is in line with the industry average of 5.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.03% | ||
| ROE | -5.06% | ||
| ROIC | 4.23% |
ROA(3y)-3.2%
ROA(5y)-4.67%
ROE(3y)-7.53%
ROE(5y)-10.61%
ROIC(3y)4.53%
ROIC(5y)4.4%
1.3 Margins
MRT-DB-A's Operating Margin of 46.06% is on the low side compared to the rest of the industry. MRT-DB-A is outperformed by 60.53% of its industry peers.
In the last couple of years the Operating Margin of MRT-DB-A has declined.
MRT-DB-A has a Gross Margin of 47.63%. This is in the lower half of the industry: MRT-DB-A underperforms 78.95% of its industry peers.
In the last couple of years the Gross Margin of MRT-DB-A has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.06% | ||
| PM (TTM) | N/A | ||
| GM | 47.63% |
OM growth 3Y-1.47%
OM growth 5Y-1.92%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.99%
GM growth 5Y-2.03%
2. Health
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 less shares outstanding than it did 1 year ago.
The number of shares outstanding for MRT-DB-A has been increased compared to 5 years ago.
MRT-DB-A has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.25 indicates that MRT-DB-A is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.25, MRT-DB-A belongs to the top of the industry, outperforming 89.47% of the companies in the same industry.
The Debt to FCF ratio of MRT-DB-A is 27.11, which is on the high side as it means it would take MRT-DB-A, 27.11 years of fcf income to pay off all of its debts.
MRT-DB-A has a worse Debt to FCF ratio (27.11) than 73.68% of its industry peers.
MRT-DB-A has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
MRT-DB-A has a Debt to Equity ratio (1.18) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 27.11 | ||
| Altman-Z | 3.25 |
ROIC/WACC0.59
WACC7.12%
2.3 Liquidity
MRT-DB-A has a Current Ratio of 0.07. 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.
Looking at the Current ratio, with a value of 0.07, MRT-DB-A is doing worse than 81.58% of the companies in the same industry.
MRT-DB-A has a Quick Ratio of 0.07. 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 Quick ratio of 0.07. This is amonst the worse of the industry: MRT-DB-A underperforms 81.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 |
3. Growth
3.1 Past
MRT-DB-A shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.75%, which is quite impressive.
MRT-DB-A shows a decrease in Revenue. In the last year, the revenue decreased by -5.37%.
The Revenue has been decreasing by -1.04% on average over the past years.
EPS 1Y (TTM)21.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-55.99%
Revenue 1Y (TTM)-5.37%
Revenue growth 3Y2.39%
Revenue growth 5Y-1.04%
Sales Q2Q%-8.86%
3.2 Future
The Earnings Per Share is expected to grow by 113.27% 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 decrease in Revenue. The Revenue will decrease by -1.11% on average per year.
EPS Next Y220%
EPS Next 2Y198.33%
EPS Next 3Y113.27%
EPS Next 5YN/A
Revenue Next Year-11.35%
Revenue Next 2Y-3.98%
Revenue Next 3Y-1.11%
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 stable.
4. Valuation
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 144.10, the valuation of MRT-DB-A can be described as expensive.
MRT-DB-A's Price/Forward Earnings is on the same level as the industry average.
MRT-DB-A's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 36.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 144.1 |
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 a bit more expensive than 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 144.52 | ||
| EV/EBITDA | 68.68 |
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.
A more expensive valuation may be justified as MRT-DB-A's earnings are expected to grow with 113.27% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y198.33%
EPS Next 3Y113.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.49%, MRT-DB-A is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.95, MRT-DB-A's dividend is way lower than its industry peers. On top of this 81.58% 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 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
5.2 History
The dividend of MRT-DB-A decreases each year by -24.29%.
MRT-DB-A does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)-24.29%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MRT-DB-A has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-18.03%
EPS Next 2Y198.33%
EPS Next 3Y113.27%
TSX:MRT-DB-A (12/2/2025, 7:00:00 PM)
100.42
-1.38 (-1.36%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners0.55%
Inst Owner ChangeN/A
Ins Owners16.34%
Ins Owner ChangeN/A
Market Cap6.62B
Revenue(TTM)243.77M
Net Income(TTM)-44.09M
Analysts50
Price Target103.32 (2.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
Yearly Dividend0.24
Dividend Growth(5Y)-24.29%
DP-18.03%
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)9.02%
PT rev (3m)8.73%
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)-1.13%
Revenue NY rev (3m)-1.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 144.1 | ||
| P/S | 27.14 | ||
| P/FCF | 144.52 | ||
| P/OCF | 144.52 | ||
| P/B | 7.59 | ||
| P/tB | 7.59 | ||
| EV/EBITDA | 68.68 |
EPS(TTM)-0.69
EYN/A
EPS(NY)0.7
Fwd EY0.69%
FCF(TTM)0.69
FCFY0.69%
OCF(TTM)0.69
OCFY0.69%
SpS3.7
BVpS13.23
TBVpS13.23
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.03% | ||
| ROE | -5.06% | ||
| ROCE | 6.32% | ||
| ROIC | 4.23% | ||
| ROICexc | 4.25% | ||
| ROICexgc | 4.25% | ||
| OM | 46.06% | ||
| PM (TTM) | N/A | ||
| GM | 47.63% | ||
| FCFM | 18.78% |
ROA(3y)-3.2%
ROA(5y)-4.67%
ROE(3y)-7.53%
ROE(5y)-10.61%
ROIC(3y)4.53%
ROIC(5y)4.4%
ROICexc(3y)4.55%
ROICexc(5y)4.42%
ROICexgc(3y)4.55%
ROICexgc(5y)4.42%
ROCE(3y)6.57%
ROCE(5y)6.31%
ROICexgc growth 3Y6.46%
ROICexgc growth 5Y4.22%
ROICexc growth 3Y6.46%
ROICexc growth 5Y4.22%
OM growth 3Y-1.47%
OM growth 5Y-1.92%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.99%
GM growth 5Y-2.03%
F-Score4
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 27.11 | ||
| Debt/EBITDA | 9.16 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.85 | ||
| Cash Conversion | 40.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 | ||
| Altman-Z | 3.25 |
F-Score4
WACC7.12%
ROIC/WACC0.59
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)21.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-55.99%
EPS Next Y220%
EPS Next 2Y198.33%
EPS Next 3Y113.27%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.37%
Revenue growth 3Y2.39%
Revenue growth 5Y-1.04%
Sales Q2Q%-8.86%
Revenue Next Year-11.35%
Revenue Next 2Y-3.98%
Revenue Next 3Y-1.11%
Revenue Next 5YN/A
EBIT growth 1Y-9.88%
EBIT growth 3Y0.89%
EBIT growth 5Y-2.94%
EBIT Next Year-15.07%
EBIT Next 3Y-0.38%
EBIT Next 5YN/A
FCF growth 1Y-31.07%
FCF growth 3Y-12.1%
FCF growth 5Y-9.44%
OCF growth 1Y-31.07%
OCF growth 3Y-12.1%
OCF growth 5Y-9.44%
MORGUARD REIT / MRT-DB-A.CA FAQ
What does MRT-DB-A do?
Morguard Real Estate Investment Trust is a closed-end investment trust company, which engages in owning, managing, and investing in a diversified real estate portfolio of commercial properties. The company is headquartered in Mississauga, Ontario. The Trust owns a diversified portfolio of 45 high-quality retail, office and industrial income-producing properties in Canada consisting of approximately 8.1 million square feet of leasable space. The real estate portfolio primarily includes well-located, high-quality office properties in major urban centers, large-enclosed full-scale regional shopping malls that are dominant in their respective markets, neighborhood, and community shopping centers, and a small group of industrial properties. Its services include value creation, asset management and development, access to capital, tenant satisfaction, property management and leasing, maximizing asset value, managing the asset lifecycle and sustainable operations. Morguard Corporation is the parent company of the Trust and owns a diversified portfolio of multi-unit residential, retail, hotel, office and industrial properties.
What is the stock price of MORGUARD REIT today?
The current stock price of MRT-DB-A.CA is 100.42 CAD. The price decreased by -1.36% in the last trading session.
How is the ChartMill rating for MORGUARD REIT?
MRT-DB-A.CA has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 2 out of 10.
Should I buy MRT-DB-A stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on MRT-DB-A.CA.