Morguard Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	1,291	1,239	1,247	1,146	1,240	1,515
Market Cap Growth	0.75%	-0.68%	8.82%	-7.55%	-18.17%	18.11%
Enterprise Value	7,343	5,702	6,210	5,710	6,426	6,824
Last Close Price	120.88	116.00	116.32	105.98	112.46	136.46
PE Ratio	7.40	7.10	4.80	15.59	10.15	6.06
PS Ratio	1.15	1.12	1.13	0.95	1.11	1.48
PB Ratio	0.27	0.28	0.29	0.29	0.32	0.42
P/TBV Ratio	0.30	0.28	0.29	0.30	0.32	0.42
P/FCF Ratio	6.10	-131.85	40.59	-28.70	-6.91	17.48
P/OCF Ratio	6.02	5.78	4.98	3.85	4.90	5.71
EV/Sales Ratio	6.53	5.16	5.61	4.74	5.74	6.68
EV/EBITDA Ratio	13.86	11.31	12.23	11.03	13.56	18.18
EV/EBIT Ratio	14.04	11.31	12.23	11.03	13.56	18.18
EV/FCF Ratio	34.68	-606.95	202.13	-142.99	-35.81	78.75
Debt / Equity Ratio	0.89	0.89	0.99	0.97	1.09	1.18
Debt / EBITDA Ratio	10.82	10.82	10.71	11.21	12.24	15.45
Debt / FCF Ratio	-580.71	-580.71	176.93	-145.34	-32.31	66.90
Net Debt / Equity Ratio	1.20	1.20	1.23	1.46	1.47	1.55
Net Debt / EBITDA Ratio	10.45	10.45	10.43	10.98	12.00	14.99
Net Debt / FCF Ratio	-561.06	-561.06	172.35	-142.42	-31.69	64.90
Asset Turnover	0.09	0.09	0.09	0.10	0.10	0.09
Quick Ratio	0.18	0.18	0.16	0.09	0.13	0.22
Current Ratio	0.21	0.21	0.19	0.11	0.23	0.26
Return on Equity (ROE)	3.77%	3.77%	5.29%	1.33%	2.62%	6.35%
Return on Assets (ROA)	3.18%	3.18%	3.49%	3.17%	3.39%	2.09%
Return on Invested Capital (ROIC)	3.30%	3.30%	3.61%	3.27%	3.50%	2.17%
Return on Capital Employed (ROCE)	4.83%	4.83%	5.04%	5.22%	4.59%	3.71%
Earnings Yield	13.55%	14.09%	20.83%	6.42%	9.85%	16.49%
FCF Yield	16.40%	-0.76%	2.46%	-3.48%	-14.48%	5.72%
Dividend Yield	0.66%	0.69%	0.56%	0.56%	0.53%	0.44%
Payout Ratio	4.87%	4.87%	2.67%	8.75%	5.39%	2.64%
Buyback Yield / Dilution	0.98%	0.96%	0.89%	1.60%	0.19%	0.91%
Total Shareholder Return	1.64%	1.65%	1.45%	2.16%	0.72%	1.34%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.