Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)

TSX:MRG.UN Statistics

Total Valuation

TSX:MRG.UN has a market cap or net worth of CAD 658.15 million. The enterprise value is 2.72 billion.

Market Cap	658.15M
Enterprise Value	2.72B

Important Dates

The last earnings date was Tuesday, February 10, 2026.

Earnings Date	Feb 10, 2026
Ex-Dividend Date	Feb 27, 2026

Share Statistics

TSX:MRG.UN has 34.93 million shares outstanding.

Current Share Class	34.93M
Shares Outstanding	34.93M
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	4.04%
Owned by Institutions (%)	4.38%
Float	25.14M

Valuation Ratios

The trailing PE ratio is 6.39 and the forward PE ratio is 12.82. TSX:MRG.UN's PEG ratio is 32.04.

Price/FFO Ratio	n/a
Price/AFFO Ratio	n/a
PE Ratio	6.39
Forward PE	12.82
PS Ratio	1.82
PB Ratio	0.31
P/TBV Ratio	0.33
P/FCF Ratio	n/a
P/OCF Ratio	7.50
PEG Ratio	32.04

Enterprise Valuation

EV / Earnings	26.46
EV / Sales	7.52
EV / EBITDA	n/a
EV / EBIT	15.65
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.59, with a Debt / Equity ratio of 0.98.

Current Ratio	0.59
Quick Ratio	0.49
Debt / Equity	0.98
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	1.89

Financial Efficiency

Return on equity (ROE) is 5.29% and return on invested capital (ROIC) is 3.62%.

Return on Equity (ROE)	5.29%
Return on Assets (ROA)	2.39%
Return on Invested Capital (ROIC)	3.62%
Return on Capital Employed (ROCE)	4.07%
Weighted Average Cost of Capital (WACC)	5.35%
Revenue Per Employee	278,657
Profits Per Employee	79,206
Employee Count	1,300
Asset Turnover	0.08
Inventory Turnover	n/a

Taxes

In the past 12 months, TSX:MRG.UN has paid 10.84 million in taxes.

Income Tax	10.84M
Effective Tax Rate	8.86%

Stock Price Statistics

The stock price has increased by +12.68% in the last 52 weeks. The beta is 0.95, so TSX:MRG.UN's price volatility has been similar to the market average.

Beta (5Y)	0.95
52-Week Price Change	+12.68%
50-Day Moving Average	17.93
200-Day Moving Average	17.99
Relative Strength Index (RSI)	65.78
Average Volume (20 Days)	29,373

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSX:MRG.UN had revenue of CAD 362.25 million and earned 102.97 million in profits. Earnings per share was 2.95.

Revenue	362.25M
Gross Profit	197.34M
Operating Income	174.10M
Pretax Income	122.38M
Net Income	102.97M
EBITDA	n/a
EBIT	174.10M
Earnings Per Share (EPS)	2.95

Balance Sheet

The company has 114.63 million in cash and 2.07 billion in debt, with a net cash position of -1.96 billion or -55.97 per share.

Cash & Cash Equivalents	114.63M
Total Debt	2.07B
Net Cash	-1.96B
Net Cash Per Share	-55.97
Equity (Book Value)	2.11B
Book Value Per Share	57.10
Working Capital	-104.57M

Cash Flow

Operating Cash Flow	87.76M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 54.48%, with operating and profit margins of 48.06% and 28.42%.

Gross Margin	54.48%
Operating Margin	48.06%
Pretax Margin	33.78%
Profit Margin	28.42%
EBITDA Margin	n/a
EBIT Margin	48.06%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.79, which amounts to a dividend yield of 4.19%.

Dividend Per Share	0.79
Dividend Yield	4.19%
Dividend Growth (YoY)	3.12%
Years of Dividend Growth	4
Payout Ratio	25.56%
Buyback Yield	n/a
Shareholder Yield	4.23%
Earnings Yield	15.65%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	3