Valuation Morguard North American Residential Real Estate Investment Trust

Stocks

Market Closed - Toronto S.E. Other stock markets 04:00:00 2026-07-31 pm EDT			5-day change	1st Jan Change
16.25 ^CAD	+0.47%		-2.81%	-6.45%

Jul. 30	Morguard North American Residential Real Estate Investment Trust, Q2 2026 Earnings Call, Jul 30, 2026
Jul. 29	Earnings Flash (MRG-UN.TO) Morguard North American REIT Reports Q2 Revenue C$87.2M	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	691.8	633.5	557.6	623.8	606.7	568.1	-	-
Change	-	-8.42%	-11.98%	11.86%	-2.75%	-6.36%	-	-
Enterprise Value (EV)	691.8	633.5	557.6	623.8	606.7	568.1	568.1	568.1
Change	-	-8.42%	-11.98%	11.86%	-2.75%	-6.36%	0%	0%
P/E	-	4.09x	4.9x	9.55x	8.55x	9.45x	12.2x	11.1x
PBR	-	-	-	-	-	-	-	-
PEG	-	-	-0.2x	-0.2x	0.7x	-0.6x	-0.5x	1.14x
Capitalization / Revenue	2.82x	2.27x	1.68x	1.81x	1.71x	1.6x	1.49x	1.45x
EV / Revenue	0x	0x	0x	0x	0x	1.6x	1.49x	1.45x
EV / EBITDA	0x	0x	0x	0x	0x	3.46x	3.14x	3.02x
EV / EBIT	-	-	-	-	-	-	-	-
EV / FCF	0x	0x	-0x	0x	0x	-6.17x	43.7x	33.4x
FCF Yield	4.87%	5.42%	-21.5%	6.11%	2.71%	-16.2%	2.29%	2.99%
Dividend per Share ²	0.6996	0.703	0.7233	0.7434	0.765	0.79	0.805	0.825
Rate of return	3.95%	4.34%	4.9%	4.33%	4.4%	4.86%	4.95%	5.08%
EPS ²	-	3.957	3.014	1.796	2.032	1.72	1.33	1.46
Distribution rate	-	17.8%	24%	41.4%	37.6%	45.9%	60.5%	56.5%
Net sales ¹	245.6	278.5	331.6	344.2	354.6	354.9	381.9	392.5
EBITDA ¹	115.2	135.4	158.6	159	165.3	164.2	181	188
EBIT	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	17.71	16.20	14.77	17.15	17.37	16.25	16.25	16.25
Nbr of stocks (in thousands)	39,060	39,107	37,755	36,374	34,926	34,957	-	-
Announcement Date	2/15/22	2/14/23	2/13/24	2/11/25	2/10/26	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MORGUARD NORTH AMERICAN RESIDENTIAL REAL ESTATE INVESTMENT TRUST	9.45x	-	-	4.86%	405M
AVALONBAY COMMUNITIES, INC.	34.26x	11.44x	18.8x	3.84%	26.47B
EQUITY RESIDENTIAL	50.45x	10.48x	17.66x	4.23%	24.92B
ESSEX PROPERTY TRUST, INC.	48.26x	12.91x	19.5x	3.64%	18.26B
INVITATION HOMES INC.	36.82x	8.83x	16.89x	4.04%	17.55B
MID-AMERICA APARTMENT COMMUNITIES, INC.	35.86x	9.48x	16.88x	4.64%	15.35B
SUN COMMUNITIES, INC.	56.59x	8.6x	19.29x	3.59%	15.04B
EQUITY LIFESTYLE PROPERTIES, INC.	31.65x	10.06x	20.72x	3.32%	12.63B
UDR, INC.	41.84x	10.63x	17.69x	4.55%	12.26B
AMERICAN HOMES 4 RENT	47.91x	9.08x	17.32x	3.93%	12.03B
Average	39.31x	10.17x	18.31x	4.06%	15.49B
Weighted average by Cap.	42.51x	10.33x	18.29x	3.98%