First Time Loading...

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: 15.26 CAD 1.8% Market Closed
Updated: May 4, 2024

Relative Value

The Relative Value of one MRG.UN stock under the Base Case scenario is 53.02 CAD. Compared to the current market price of 15.26 CAD, Morguard North American Residential Real Estate Investment Trust is Undervalued by 71%.

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
53.02 CAD
Undervaluation 71%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
63
Median 3Y
2.3
Median 5Y
2.3
Industry
3.7
Forward
1.7
vs History
52
vs Industry
53
Median 3Y
3.3
Median 5Y
3.4
Industry
16.1
Forward
23.2
vs History
93
vs Industry
50
Median 3Y
9.3
Median 5Y
9.4
Industry
10.1
vs History
28
vs Industry
28
Median 3Y
7.4
Median 5Y
6.1
Industry
12.3
vs History
87
vs Industry
77
Median 3Y
0.4
Median 5Y
0.4
Industry
0.8
vs History
95
vs Industry
49
Median 3Y
7
Median 5Y
7.1
Industry
6.7
Forward
5.7
vs History
95
vs Industry
52
Median 3Y
11.4
Median 5Y
11.7
Industry
11.7
vs History
95
vs Industry
52
Median 3Y
12.7
Median 5Y
12.9
Industry
15.7
Forward
12
vs History
95
vs Industry
54
Median 3Y
12.7
Median 5Y
12.9
Industry
18.8
vs History
95
vs Industry
27
Median 3Y
26
Median 5Y
28.3
Industry
17.2
vs History
95
vs Industry
28
Median 3Y
26
Median 5Y
29.6
Industry
19
vs History
80
vs Industry
65
Median 3Y
0.5
Median 5Y
0.6
Industry
0.7

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
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Morguard North American Residential Real Estate Investment Trust
TSX:MRG.UN
596.1m CAD 1.8 3.4 11 11
US
Avalonbay Communities Inc
NYSE:AVB
27.4B USD 9.9 29.5 20.5 39.5
US
Equity Residential
NYSE:EQR
25B USD 8.7 30.1 18.3 36.9
US
Invitation Homes Inc
NYSE:INVH
21.1B USD 8.5 38.9 20.7 40.7
US
American Campus Communities Inc
NYSE:ACC
18.2B USD 18.5 320.9 46.2 113.7
US
Essex Property Trust Inc
NYSE:ESS
16.1B USD 9.5 30.6 20.5 41.8
US
Mid-America Apartment Communities Inc
NYSE:MAA
15.6B USD 7.3 28.5 16 29.2
US
Sun Communities Inc
NYSE:SUI
14.6B USD 4.5 -69.4 18.1 37.7
US
American Homes 4 Rent
NYSE:AMH
13B USD 8 35.7 21.1 47.2
US
UDR Inc
NYSE:UDR
12.6B USD 7.7 27.9 18.6 63.9
US
Equity LifeStyle Properties Inc
NYSE:ELS
11.8B USD 8 37.6 23.4 34.4

See Also

Discover More