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

Watchlist Manager
Morguard North American Residential Real Estate Investment Trust Logo
Morguard North American Residential Real Estate Investment Trust
TSX:MRG.UN
Watchlist
Price: 17.83 CAD -0.72% Market Closed
Market Cap: 631m CAD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

0
Operating Cash Flow
+0%
3Y
+47%
5Y
+42%
10Y
+154%
0
Investing Cash Flow
+0%
3Y
-
5Y
+40%
10Y
-233%
0
Financing Cash Flow
+0%
3Y
+16%
5Y
-
10Y
-23%

Cash Flow Statement
Morguard North American Residential Real Estate Investment Trust

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Cash Flow Statement
Currency: CAD
Millions
Ones
Thousands
Millions
Billions
TTM
Quarterly
Annual
TTM
Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025
Operating Cash Flow
Net Income
93
158
192
192
182
114
99
58
71
49
42
39
19
49
48
40
26
(0)
10
32
59
114
96
173
251
209
226
175
98
120
94
80
174
151
206
167
97
98
131
245
389
535
530
240
103
24
(18)
185
176
139
81
99
113
92
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Change in Deffered Taxes
1
0
(72)
(74)
(74)
0
7
9
14
21
20
26
26
29
33
33
35
33
36
33
25
25
17
(20)
(5)
(3)
(5)
23
7
6
6
6
10
7
7
(2)
(2)
3
22
65
102
121
119
70
41
27
(2)
7
(0)
(8)
4
12
10
11
Other Non-Cash Items
(68)
(138)
(102)
(102)
(93)
(23)
(83)
(39)
(54)
(38)
(30)
(34)
(17)
(42)
(42)
(30)
(16)
11
(2)
(19)
(35)
(88)
(63)
(102)
(191)
(154)
(165)
(140)
(47)
(67)
(40)
(27)
(121)
(94)
(149)
(102)
(36)
(45)
(97)
(253)
(432)
(592)
(578)
(234)
(64)
34
105
(105)
(89)
(46)
(1)
(29)
(39)
(19)
Cash Interest Paid
19
15
16
17
18
21
26
30
35
39
39
40
43
42
46
44
45
47
46
48
47
46
45
46
45
47
49
48
50
50
49
48
48
48
48
48
47
46
46
45
45
45
47
49
51
55
56
58
60
62
63
64
67
69
Change in Working Capital
(3)
2
1
(11)
(7)
7
(1)
11
10
(3)
(0)
5
7
1
5
(0)
4
2
4
7
2
(1)
7
8
(1)
17
3
2
6
(2)
(1)
3
(3)
1
3
(12)
1
(1)
(1)
7
2
(1)
8
(0)
1
9
(4)
2
3
2
5
15
11
8
Cash from Operating Activities
22
N/A
22
-3%
18
-17%
5
-73%
7
+52%
24
+226%
21
-11%
39
+80%
41
+5%
28
-31%
32
+14%
36
+14%
36
+0%
37
+1%
44
+20%
43
-3%
48
+13%
46
-6%
48
+6%
53
+8%
50
-4%
51
+1%
57
+13%
59
+4%
54
-9%
70
+28%
60
-14%
60
+1%
64
+7%
57
-12%
59
+3%
62
+6%
59
-5%
66
+11%
66
+1%
50
-24%
60
+19%
56
-7%
55
-1%
64
+15%
61
-3%
63
+3%
78
+23%
75
-3%
81
+7%
93
+15%
81
-13%
89
+10%
90
+1%
87
-3%
89
+2%
98
+10%
94
-3%
93
-2%
Investing Cash Flow
Capital Expenditures
0
0
(68)
(68)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(15)
(15)
(16)
(16)
(4)
(5)
(7)
0
(8)
(8)
(6)
0
0
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Items
(10)
(9)
(106)
(105)
(105)
(355)
(251)
(254)
(255)
(12)
(21)
(24)
(24)
(19)
(57)
(92)
(161)
(162)
(124)
(88)
(20)
(67)
(335)
(339)
(340)
(293)
(28)
(29)
7
9
8
(61)
(101)
(100)
(96)
(22)
(20)
(24)
(27)
(31)
(30)
63
(129)
(11)
(177)
(273)
(82)
(209)
(45)
(47)
(52)
(59)
(62)
(65)
Cash from Investing Activities
(10)
N/A
(9)
+11%
(174)
-1 908%
(173)
+1%
(173)
0%
(423)
-144%
(251)
+41%
(254)
-1%
(255)
0%
(12)
+95%
(21)
-69%
(24)
-15%
(24)
+0%
(19)
+20%
(57)
-194%
(92)
-61%
(161)
-76%
(162)
-1%
(124)
+23%
(88)
+29%
(20)
+78%
(67)
-243%
(335)
-400%
(339)
-1%
(340)
0%
(308)
+9%
(43)
+86%
(45)
-5%
(9)
+80%
5
N/A
3
-51%
(68)
N/A
(107)
-58%
(107)
+0%
(104)
+3%
(28)
+73%
(26)
+8%
(26)
-2%
(28)
-5%
(31)
-13%
(30)
+6%
63
N/A
(129)
N/A
(11)
+91%
(177)
-1 499%
(273)
-54%
(82)
+70%
(209)
-154%
(45)
+79%
(47)
-5%
(52)
-11%
(59)
-14%
(62)
-4%
(65)
-5%
Financing Cash Flow
Net Issuance of Common Stock
0
73
219
219
310
237
91
91
(1)
(0)
(1)
0
0
0
0
0
(1)
(1)
(1)
(1)
58
58
58
58
0
0
0
0
0
0
100
100
0
0
0
0
0
0
0
0
0
0
0
0
(3)
(11)
(21)
(24)
(20)
(20)
(22)
(26)
(36)
(39)
Net Issuance of Debt
(10)
(4)
35
63
117
184
141
113
54
18
18
53
67
29
28
57
104
110
135
71
(50)
(29)
135
144
226
211
23
13
(21)
(33)
(34)
(26)
(15)
1
0
(8)
(8)
(25)
(26)
81
79
57
172
37
4
89
(11)
16
49
102
86
146
195
77
Cash Paid for Dividends
0
(1)
(2)
(5)
(8)
(11)
(15)
(16)
(17)
(17)
(17)
(17)
(17)
(17)
(17)
(17)
(17)
(17)
(17)
(17)
(18)
(19)
(20)
(21)
(21)
(21)
(22)
(22)
(22)
(22)
(23)
(24)
(25)
(26)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
(27)
Other
(3)
(79)
(94)
(104)
(156)
(9)
11
26
87
37
(4)
(22)
(38)
(84)
(3)
(16)
3
36
(19)
(19)
(8)
(3)
87
118
76
63
(10)
(15)
(8)
(5)
(103)
(44)
(13)
(26)
78
23
1
10
11
(87)
(72)
(137)
(96)
(89)
112
127
66
155
(54)
(9)
(1)
(100)
(135)
(101)
Cash from Financing Activities
(13)
N/A
(11)
+14%
159
N/A
172
+8%
264
+53%
401
+52%
228
-43%
214
-6%
123
-43%
38
-69%
(4)
N/A
14
N/A
12
-12%
(73)
N/A
7
N/A
24
+233%
89
+270%
128
+45%
98
-23%
34
-66%
(18)
N/A
6
N/A
260
+3 933%
299
+15%
281
-6%
253
-10%
(9)
N/A
(23)
-159%
(51)
-119%
(60)
-18%
(60)
+1%
6
N/A
46
+664%
49
+5%
52
+7%
(12)
N/A
(34)
-195%
(42)
-22%
(41)
+1%
(33)
+20%
(20)
+39%
(106)
-424%
49
N/A
(79)
N/A
86
N/A
177
+106%
7
-96%
121
+1 545%
(53)
N/A
46
N/A
36
-22%
(7)
N/A
(4)
+45%
(89)
-2 325%
Change in Cash
Effect of Foreign Exchange Rates
0
0
1
(0)
(0)
3
2
1
1
(3)
(1)
2
3
3
2
1
0
1
1
1
0
(1)
(1)
(2)
(2)
(1)
(1)
0
0
0
1
0
0
0
(0)
(1)
(1)
(1)
(1)
(0)
(0)
2
4
3
4
3
(1)
2
2
1
2
2
2
(1)
Net Change in Cash
0
N/A
2
N/A
4
+103%
4
0%
98
+2 293%
6
-94%
1
-84%
0
-91%
(90)
N/A
51
N/A
5
-89%
27
+405%
27
-2%
(53)
N/A
(4)
+93%
(24)
-506%
(24)
+1%
12
N/A
23
+91%
(1)
N/A
13
N/A
(11)
N/A
(19)
-80%
18
N/A
(7)
N/A
13
N/A
7
-51%
(8)
N/A
5
N/A
2
-49%
2
-9%
1
-55%
(2)
N/A
7
N/A
14
+106%
10
-32%
(1)
N/A
(13)
-1 312%
(14)
-6%
(1)
+95%
11
N/A
23
+100%
2
-89%
(12)
N/A
(7)
+41%
(0)
+96%
5
N/A
3
-36%
(6)
N/A
87
N/A
75
-14%
33
-56%
31
-8%
(62)
N/A
Free Cash Flow
Free Cash Flow
22
N/A
22
-3%
(50)
N/A
(63)
-26%
7
N/A
24
+226%
22
-11%
39
+80%
41
+5%
28
-31%
32
+14%
36
+14%
36
+0%
37
+1%
44
+20%
43
-3%
48
+13%
46
-6%
48
+6%
53
+8%
50
-4%
51
+1%
57
+13%
59
+4%
54
-9%
55
+1%
44
-19%
44
-1%
48
+9%
53
+11%
53
+1%
55
+4%
59
+6%
58
-2%
58
+1%
44
-24%
60
+35%
56
-7%
55
-2%
64
+17%
61
-3%
63
+3%
78
+23%
75
-3%
81
+7%
93
+15%
81
-13%
89
+10%
90
+1%
87
-3%
89
+2%
98
+10%
94
-3%
93
-2%

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
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