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 435.38 million. The enterprise value is 1.67 billion.

Market Cap	435.38M
Enterprise Value	1.67B

Important Dates

The last earnings date was Wednesday, April 29, 2026.

Earnings Date	Apr 29, 2026
Ex-Dividend Date	Apr 30, 2026

Share Statistics

TSX:MRT.UN has 66.78 million shares outstanding. The number of shares has increased by 2.18% in one year.

Current Share Class	66.78M
Shares Outstanding	66.78M
Shares Change (YoY)	+2.18%
Shares Change (QoQ)	+0.84%
Owned by Insiders (%)	1.94%
Owned by Institutions (%)	14.76%
Float	19.49M

Valuation Ratios

The trailing PE ratio is 381.91 and the forward PE ratio is 9.38.

Price/FFO Ratio	10.16
Price/AFFO Ratio	n/a
PE Ratio	381.91
Forward PE	9.38
PS Ratio	1.80
PB Ratio	0.50
P/TBV Ratio	0.50
P/FCF Ratio	n/a
P/OCF Ratio	10.09
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	1,463.09
EV / Sales	6.91
EV / EBITDA	15.14
EV / EBIT	15.16
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	0.02
Debt / Equity	1.43
Debt / EBITDA	11.27
Debt / FCF	n/a
Interest Coverage	1.74

Financial Efficiency

Return on equity (ROE) is 0.13% and return on invested capital (ROIC) is 3.26%.

Return on Equity (ROE)	0.13%
Return on Assets (ROA)	3.16%
Return on Invested Capital (ROIC)	3.26%
Return on Capital Employed (ROCE)	7.72%
Weighted Average Cost of Capital (WACC)	4.28%
Revenue Per Employee	30.16M
Profits Per Employee	142,500
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 +17.48% in the last 52 weeks. The beta is 0.15, so TSX:MRT.UN's price volatility has been lower than the market average.

Beta (5Y)	0.15
52-Week Price Change	+17.48%
50-Day Moving Average	6.56
200-Day Moving Average	6.15
Relative Strength Index (RSI)	45.10
Average Volume (20 Days)	5,218

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 241.29 million and earned 1.14 million in profits. Earnings per share was 0.02.

Revenue	241.29M
Gross Profit	113.97M
Operating Income	110.00M
Pretax Income	1.14M
Net Income	1.14M
EBITDA	110.07M
EBIT	110.00M
Earnings Per Share (EPS)	0.02

Balance Sheet

The company has 8.40 million in cash and 1.24 billion in debt, with a net cash position of -1.23 billion or -18.46 per share.

Cash & Cash Equivalents	8.40M
Total Debt	1.24B
Net Cash	-1.23B
Net Cash Per Share	-18.46
Equity (Book Value)	869.46M
Book Value Per Share	13.02
Working Capital	-718.77M

Cash Flow

Operating Cash Flow	43.16M
Capital Expenditures	n/a
Depreciation & Amortization	n/a
Net Borrowing	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 47.23%, with operating and profit margins of 45.59% and 0.47%.

Gross Margin	47.23%
Operating Margin	45.59%
Pretax Margin	0.47%
Profit Margin	0.47%
EBITDA Margin	45.62%
EBIT Margin	45.59%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.24, which amounts to a dividend yield of 3.68%.

Dividend Per Share	0.24
Dividend Yield	3.68%
Dividend Growth (YoY)	-20.00%
Years of Dividend Growth	n/a
Payout Ratio	260.88%
Buyback Yield	-2.18%
Shareholder Yield	1.50%
Earnings Yield	0.26%
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
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	4