Morguard Real Estate Investment Trust (TSX:MRT.UN)

TSX:MRT.UN Statistics

Total Valuation

TSX:MRT.UN has a market cap or net worth of CAD 421.85 million. The enterprise value is 1.65 billion.

Market Cap	421.85M
Enterprise Value	1.65B

Important Dates

The last earnings date was Wednesday, February 11, 2026.

Earnings Date	Feb 11, 2026
Ex-Dividend Date	Feb 27, 2026

Share Statistics

TSX:MRT.UN has 66.43 million shares outstanding. The number of shares has increased by 1.40% in one year.

Current Share Class	66.43M
Shares Outstanding	66.43M
Shares Change (YoY)	+1.40%
Shares Change (QoQ)	+0.88%
Owned by Insiders (%)	1.95%
Owned by Institutions (%)	14.55%
Float	18.59M

Valuation Ratios

Price/FFO Ratio	9.92
Price/AFFO Ratio	n/a
PE Ratio	n/a
Forward PE	8.14
PS Ratio	1.75
PB Ratio	0.49
P/TBV Ratio	0.49
P/FCF Ratio	n/a
P/OCF Ratio	10.44
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-99.67
EV / Sales	6.84
EV / EBITDA	14.99
EV / EBIT	15.01
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.04, with a Debt / Equity ratio of 1.43.

Current Ratio	0.04
Quick Ratio	0.03
Debt / Equity	1.43
Debt / EBITDA	11.22
Debt / FCF	n/a
Interest Coverage	1.73

Financial Efficiency

Return on equity (ROE) is -1.89% and return on invested capital (ROIC) is 3.26%.

Return on Equity (ROE)	-1.89%
Return on Assets (ROA)	3.17%
Return on Invested Capital (ROIC)	3.26%
Return on Capital Employed (ROCE)	7.01%
Weighted Average Cost of Capital (WACC)	4.48%
Revenue Per Employee	30.18M
Profits Per Employee	-2.07M
Employee Count	8
Asset Turnover	0.11
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +13.60% in the last 52 weeks. The beta is 0.27, so TSX:MRT.UN's price volatility has been lower than the market average.

Beta (5Y)	0.27
52-Week Price Change	+13.60%
50-Day Moving Average	6.42
200-Day Moving Average	5.96
Relative Strength Index (RSI)	49.33
Average Volume (20 Days)	10,766

Short Selling Information

The latest short interest is 1.44 million, so 2.25% of the outstanding shares have been sold short.

Short Interest	1.44M
Short Previous Month	1.63M
Short % of Shares Out	2.25%
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSX:MRT.UN had revenue of CAD 241.47 million and -16.56 million in losses. Loss per share was -0.25.

Revenue	241.47M
Gross Profit	113.96M
Operating Income	109.98M
Pretax Income	-16.56M
Net Income	-16.56M
EBITDA	110.05M
EBIT	109.98M
Loss Per Share	-0.25

Balance Sheet

The company has 7.09 million in cash and 1.24 billion in debt, with a net cash position of -1.23 billion or -18.50 per share.

Cash & Cash Equivalents	7.09M
Total Debt	1.24B
Net Cash	-1.23B
Net Cash Per Share	-18.50
Equity (Book Value)	864.72M
Book Value Per Share	13.02
Working Capital	-573.91M

Cash Flow

Operating Cash Flow	40.41M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 47.19%, with operating and profit margins of 45.55% and -6.86%.

Gross Margin	47.19%
Operating Margin	45.55%
Pretax Margin	-6.86%
Profit Margin	-6.86%
EBITDA Margin	45.58%
EBIT Margin	45.55%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.24, which amounts to a dividend yield of 3.84%.

Dividend Per Share	0.24
Dividend Yield	3.84%
Dividend Growth (YoY)	-20.00%
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-1.40%
Shareholder Yield	2.44%
Earnings Yield	-3.93%
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	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

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