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: 18.5 CAD 1.76%
Market Cap: 654.7m CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one MRG.UN stock under the Base Case scenario is 55.87 CAD. Compared to the current market price of 18.5 CAD, Morguard North American Residential Real Estate Investment Trust is Undervalued by 67%.

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
55.87 CAD
Undervaluation 67%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.9
P/S
P/S
Price to Sales
1.9
vs History
60
vs Industry
62
Median 3Y
1.9
Median 5Y
2
Industry
3.7
Forward
1.8
More Details
5.7
P/E
P/E
Price to Earnings
5.7
vs History
19
vs Industry
50
Median 3Y
3.2
Median 5Y
3.2
Industry
16.5
Forward
13.1
More Details
6.9
P/OCF
P/OCF
Price to OCF
6.9
vs History
63
vs Industry
50
Median 3Y
6.8
Median 5Y
7.5
Industry
11
More Details
2.9
P/FCFE
P/FCFE
Price to FCFE
2.9
vs History
71
vs Industry
44
Median 3Y
5.8
Median 5Y
5.8
Industry
13
More Details
0.3
P/B
P/B
Price to Book Value
0.3
vs History
57
vs Industry
76
Median 3Y
0.3
Median 5Y
0.3
Industry
0.9
More Details
6.3
EV/S
EV/S
Enterprise Value to Sales
6.3
vs History
60
vs Industry
46
Median 3Y
6.2
Median 5Y
6.7
Industry
6.6
Forward
6
More Details
10.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.8
vs History
57
vs Industry
50
Median 3Y
10.4
Median 5Y
11
Industry
12.1
More Details
12.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.1
vs History
50
vs Industry
49
Median 3Y
11.7
Median 5Y
12.3
Industry
15.9
Forward
12.9
More Details
12.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
12.1
vs History
50
vs Industry
52
Median 3Y
11.7
Median 5Y
12.3
Industry
19.1
More Details
23.2
EV/OCF
EV/OCF
Enterprise Value to OCF
23.2
vs History
65
vs Industry
29
Median 3Y
23.2
Median 5Y
25
Industry
18.5
More Details
23.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
23.2
vs History
65
vs Industry
29
Median 3Y
23.2
Median 5Y
25.1
Industry
20.1
More Details
0.5
EV/IC
EV/IC
Enterprise Value to IC
0.5
vs History
55
vs Industry
66
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
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Morguard North American Residential Real Estate Investment Trust
TSX:MRG.UN
654.7m CAD 1.9 5.7 12.1 12.1
US
Avalonbay Communities Inc
NYSE:AVB
29.4B USD 10 25.9 21.1 40.5
US
Equity Residential
NYSE:EQR
26.2B USD 8.7 26.4 18.5 39.7
US
Invitation Homes Inc
NYSE:INVH
20.7B USD 7.9 43.8 19.6 38.6
US
American Campus Communities Inc
F:FGA
17.8B EUR 20.9 361.3 51.1 125.7
US
Essex Property Trust Inc
NYSE:ESS
18.3B USD 10.2 27.4 22.1 46.2
US
Mid-America Apartment Communities Inc
NYSE:MAA
17.4B USD 8 31.1 18 34.4
US
Sun Communities Inc
NYSE:SUI
16.1B USD 5.3 219 43.4 43.4
US
UDR Inc
NYSE:UDR
13.6B USD 8.2 115.7 19.6 66.1
US
American Homes 4 Rent
NYSE:AMH
13.5B USD 6.2 26.7 18.2 34.9
US
Camden Property Trust
NYSE:CPT
12.6B USD 8.2 107.2 18.4 54.7

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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