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 397.29 million. The enterprise value is 1.63 billion.

Market Cap	397.29M
Enterprise Value	1.63B

Important Dates

The next estimated earnings date is Wednesday, February 11, 2026.

Earnings Date	Feb 11, 2026
Ex-Dividend Date	Dec 15, 2025

Share Statistics

TSX:MRT.UN has 65.89 million shares outstanding. The number of shares has increased by 0.74% in one year.

Current Share Class	65.89M
Shares Outstanding	65.89M
Shares Change (YoY)	+0.74%
Shares Change (QoQ)	+0.84%
Owned by Insiders (%)	1.96%
Owned by Institutions (%)	14.55%
Float	18.50M

Valuation Ratios

Price/FFO Ratio	8.81
Price/AFFO Ratio	n/a
PE Ratio	n/a
Forward PE	10.13
PS Ratio	1.62
PB Ratio	0.46
P/TBV Ratio	0.46
P/FCF Ratio	n/a
P/OCF Ratio	8.68
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-36.99
EV / Sales	6.64
EV / EBITDA	14.27
EV / EBIT	14.29
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.07, with a Debt / Equity ratio of 1.42.

Current Ratio	0.07
Quick Ratio	0.04
Debt / Equity	1.42
Debt / EBITDA	10.86
Debt / FCF	n/a
Interest Coverage	1.78

Financial Efficiency

Return on equity (ROE) is -4.91% and return on invested capital (ROIC) is 3.34%.

Return on Equity (ROE)	-4.91%
Return on Assets (ROA)	3.25%
Return on Invested Capital (ROIC)	3.34%
Return on Capital Employed (ROCE)	6.43%
Revenue Per Employee	30.72M
Profits Per Employee	-5.51M
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 +9.64% in the last 52 weeks. The beta is 0.23, so TSX:MRT.UN's price volatility has been lower than the market average.

Beta (5Y)	0.23
52-Week Price Change	+9.64%
50-Day Moving Average	5.86
200-Day Moving Average	5.74
Relative Strength Index (RSI)	62.27
Average Volume (20 Days)	20,205

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 245.77 million and -44.09 million in losses. Loss per share was -0.69.

Revenue	245.77M
Gross Profit	118.10M
Operating Income	114.17M
Pretax Income	-44.09M
Net Income	-44.09M
EBITDA	114.24M
EBIT	114.17M
Loss Per Share	-0.69

Balance Sheet

The company has 7.43 million in cash and 1.24 billion in debt, giving a net cash position of -1.23 billion or -18.73 per share.

Cash & Cash Equivalents	7.43M
Total Debt	1.24B
Net Cash	-1.23B
Net Cash Per Share	-18.73
Equity (Book Value)	871.52M
Book Value Per Share	13.27
Working Capital	-372.86M

Cash Flow

Operating Cash Flow	45.79M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 48.05%, with operating and profit margins of 46.46% and -17.94%.

Gross Margin	48.05%
Operating Margin	46.46%
Pretax Margin	-17.94%
Profit Margin	-17.94%
EBITDA Margin	46.48%
EBIT Margin	46.46%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.24, which amounts to a dividend yield of 4.05%.

Dividend Per Share	0.24
Dividend Yield	4.05%
Dividend Growth (YoY)	36.36%
Years of Dividend Growth	1
Payout Ratio	n/a
Buyback Yield	-0.74%
Shareholder Yield	3.31%
Earnings Yield	-11.10%
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