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Morguard North American Residential Real Estate Investment Trust MRG.UN

Morningstar Rating
CAD 15.59 +0.22 (1.43%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MRG.UN is trading within a range we consider fairly valued.
Price
CAD 15.48
Fair Value
CAD 39.46
Uncertainty
Very High
1-Star Price
CAD 37.57
5-Star Price
CAD 72.87
Economic Moat
Wbk
Capital Allocation
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Trading Information

Previous Close Price
CAD 15.37
Day Range
CAD 15.3415.70
52-Week Range
CAD 13.0817.72
Bid/Ask
CAD 15.49 / CAD 15.68
Market Cap
CAD 588.39 Mil
Volume/Avg
20,887 / 22,049

Key Statistics

Price/Earnings (Normalized)
10.92
Price/Sales
1.83
Dividend Yield (Trailing)
4.65%
Dividend Yield (Forward)
4.73%
Total Yield
8.67%

Company Profile

Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.
Sector
Real Estate
Industry
REIT - Residential
Stock Style Box
Small Core
Total Number of Employees

Comparables

Valuation

Metric
MRG.UN
ERE.UN
BTB.UN
Price/Earnings (Normalized)
10.9210.357.78
Price/Book Value
0.320.340.58
Price/Sales
1.833.902.14
Price/Cash Flow
6.9822.037.23
Price/Earnings
MRG.UN
ERE.UN
BTB.UN

Financial Strength

Metric
MRG.UN
ERE.UN
BTB.UN
Quick Ratio
0.120.090.08
Current Ratio
0.190.110.09
Interest Coverage
4.19−3.312.00
Quick Ratio
MRG.UN
ERE.UN
BTB.UN

Profitability

Metric
MRG.UN
ERE.UN
BTB.UN
Return on Assets (Normalized)
3.91%−7.70%3.11%
Return on Equity (Normalized)
8.82%−29.87%8.02%
Return on Invested Capital (Normalized)
6.27%−7.77%5.21%
Return on Assets
MRG.UN
ERE.UN
BTB.UN
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REIT - Residential Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
AVB
AvalonBay Communities IncDqwzxhjtkNnxj$25.9 Bil
EQR
Equity ResidentialMznftrrvwGqhw$23.1 Bil
INVH
Invitation Homes IncYqfppfrKxrlw$20.5 Bil
ESS
Essex Property Trust IncYllzyqlmxJbyy$15.0 Bil
SUI
Sun Communities IncDnftttcnLfdsq$14.7 Bil
MAA
Mid-America Apartment Communities IncHffp$14.5 Bil
AMH
American Homes 4 Rent Class ADcgj$12.8 Bil
UDR
UDR IncVscz$11.8 Bil
ELS
Equity Lifestyle Properties IncGfflwnrkFmtx$11.6 Bil
AIRC
Apartment Income REIT Corp Class ABjqwxkwWmtr$5.6 Bil

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