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: 17.1 CAD 2.4% Market Closed
Market Cap: 598.5m CAD
Section:
 

Relative Value

The Relative Value of one MRG.UN stock under the Base Case scenario is 57.82 CAD. Compared to the current market price of 17.1 CAD, Morguard North American Residential Real Estate Investment Trust is Undervalued by 70%.

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
57.82 CAD
Undervaluation 70%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.7
P/S
P/S
Price to Sales
1.7
vs History
84
vs Industry
62
Median 3Y
1.8
Median 5Y
1.9
Industry
3.8
Forward
1.7
More Details
4.8
P/E
P/E
Price to Earnings
4.8
vs History
41
vs Industry
50
Median 3Y
4.9
Median 5Y
4.1
Industry
16.2
Forward
7.3
More Details
6.2
P/OCF
P/OCF
Price to OCF
6.2
vs History
84
vs Industry
50
Median 3Y
6.5
Median 5Y
7.2
Industry
11.2
More Details
5.1
P/FCFE
P/FCFE
Price to FCFE
5.1
vs History
61
vs Industry
44
Median 3Y
5.6
Median 5Y
5.6
Industry
12.8
More Details
0.3
P/B
P/B
Price to Book Value
0.3
vs History
77
vs Industry
76
Median 3Y
0.3
Median 5Y
0.3
Industry
0.9
More Details
6.1
EV/S
EV/S
Enterprise Value to Sales
6.1
vs History
71
vs Industry
46
Median 3Y
6.1
Median 5Y
6.5
Industry
6.9
Forward
6.1
More Details
10.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.4
vs History
65
vs Industry
50
Median 3Y
10.4
Median 5Y
10.6
Industry
12.5
More Details
11.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
11.7
vs History
60
vs Industry
49
Median 3Y
11.6
Median 5Y
11.9
Industry
15.8
Forward
13
More Details
11.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
11.7
vs History
60
vs Industry
52
Median 3Y
11.6
Median 5Y
11.9
Industry
19.1
More Details
22.6
EV/OCF
EV/OCF
Enterprise Value to OCF
22.6
vs History
73
vs Industry
29
Median 3Y
22.7
Median 5Y
24
Industry
18.5
More Details
22.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
22.6
vs History
73
vs Industry
29
Median 3Y
22.7
Median 5Y
24
Industry
20.5
More Details
0.5
EV/IC
EV/IC
Enterprise Value to IC
0.5
vs History
44
vs Industry
66
Median 3Y
0.5
Median 5Y
0.5
Industry
0.8
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
598.5m CAD 1.7 4.8 11.7 11.7
US
Avalonbay Communities Inc
NYSE:AVB
25B USD 8.3 21.5 18.6 36.8
US
Equity Residential
NYSE:EQR
23.2B USD 7.5 20.1 16.8 36.7
US
American Campus Communities Inc
F:FGA
17.8B EUR 21.3 368.4 52 127.9
US
Essex Property Trust Inc
NYSE:ESS
16.6B USD 8.9 19.6 19.7 40.2
US
Invitation Homes Inc
NYSE:INVH
16.2B USD 6 27.6 16.3 32.3
US
Mid-America Apartment Communities Inc
NYSE:MAA
15.5B USD 7 28 16.7 33.1
US
Sun Communities Inc
NYSE:SUI
15.1B USD 6 14.9 35.6 35.6
US
Equity LifeStyle Properties Inc
NYSE:ELS
12B USD 7.9 31.5 21 29.6
US
UDR Inc
NYSE:UDR
11.8B USD 6.9 81.1 17.6 56.5
US
American Homes 4 Rent
NYSE:AMH
11.5B USD 6.3 26.4 17.1 36.1

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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