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

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Morguard North American Residential Real Estate Investment Trust Logo
Morguard North American Residential Real Estate Investment Trust
TSX:MRG.UN
Watchlist
Price: 17.33 CAD 1.05%
Market Cap: 631.9m CAD
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Relative Value

The Relative Value of one MRG.UN stock under the Base Case scenario is 56.13 CAD. Compared to the current market price of 17.33 CAD, Morguard North American Residential Real Estate Investment Trust is Undervalued by 69%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MRG.UN Relative Value
Base Case
56.13 CAD
Undervaluation 69%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.9
P/S
P/S
Price to Sales
1.9
vs History
69
vs Industry
63
Median 3Y
2.1
Median 5Y
2.1
Industry
3.6
Forward
1.8
More Details
8.1
P/E
P/E
Price to Earnings
8.1
vs History
6
vs Industry
53
Median 3Y
3.2
Median 5Y
3.2
Industry
16.7
Forward
5.9
More Details
7.1
P/OCF
P/OCF
Price to OCF
7.1
vs History
65
vs Industry
49
Median 3Y
7.6
Median 5Y
7.8
Industry
10.9
More Details
5.4
P/FCFE
P/FCFE
Price to FCFE
5.4
vs History
53
vs Industry
34
Median 3Y
6.2
Median 5Y
5.9
Industry
13.2
More Details
0.3
P/B
P/B
Price to Book Value
0.3
vs History
58
vs Industry
76
Median 3Y
0.3
Median 5Y
0.4
Industry
0.8
More Details
5.7
EV/S
EV/S
Enterprise Value to Sales
5.7
vs History
90
vs Industry
49
Median 3Y
6.6
Median 5Y
6.9
Industry
6.6
Forward
5.7
More Details
9.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
9.6
vs History
88
vs Industry
53
Median 3Y
10.7
Median 5Y
11.2
Industry
11.9
More Details
10.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10.7
vs History
88
vs Industry
52
Median 3Y
12.1
Median 5Y
12.5
Industry
15.8
Forward
12
More Details
10.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
10.7
vs History
88
vs Industry
53
Median 3Y
12.1
Median 5Y
12.5
Industry
19.1
More Details
21.9
EV/OCF
EV/OCF
Enterprise Value to OCF
21.9
vs History
85
vs Industry
28
Median 3Y
24.2
Median 5Y
25.6
Industry
18.5
More Details
21.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
21.9
vs History
85
vs Industry
29
Median 3Y
24.2
Median 5Y
27.7
Industry
20.2
More Details
0.5
EV/IC
EV/IC
Enterprise Value to IC
0.5
vs History
82
vs Industry
65
Median 3Y
0.5
Median 5Y
0.5
Industry
0.7
More Details

Multiples Across Competitors

MRG.UN Competitors Multiples
Morguard North American Residential Real Estate Investment Trust Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Morguard North American Residential Real Estate Investment Trust
TSX:MRG.UN
627.8m CAD 1.9 8.1 10.7 10.7
US
Avalonbay Communities Inc
NYSE:AVB
31.2B USD 10.8 30 22.2 42.6
US
Equity Residential
NYSE:EQR
26.9B USD 9.2 29.2 19.4 39.3
US
Invitation Homes Inc
NYSE:INVH
19.5B USD 7.6 44.4 19.1 37.6
US
American Campus Communities Inc
F:FGA
17.8B EUR 18.8 324.8 46.7 114.9
US
Essex Property Trust Inc
NYSE:ESS
18.1B USD 10.5 33.2 22.4 46.1
US
Mid-America Apartment Communities Inc
NYSE:MAA
18B USD 8.3 34.9 18.3 34
US
Sun Communities Inc
NYSE:SUI
15.7B USD 4.9 -128.6 44 44
US
UDR Inc
NYSE:UDR
14.2B USD 8.5 115.7 20.6 71.9
US
American Homes 4 Rent
NYSE:AMH
13.7B USD 6.4 29.8 18.6 36
US
Camden Property Trust
NYSE:CPT
12.5B USD 8.1 36.5 18.1 52.8

See Also

Summary
MRG.UN intrinsic value, competitors valuation, and company profile.
DCF Valuation
MRG.UN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MRG.UN stock valuation using valuation multiples.
Wall Street Estimates
MRG.UN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MRG.UN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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