Morguard North Financials

MRG-UN Stock  CAD 18.42  0.19  1.04%   
You can employ fundamental analysis to find out if Morguard North American is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze and collect data for thirty-eight available fundamentals for Morguard North, which can be compared to its peers in the industry. The stock experiences a large bullish trend. Check odds of Morguard North to be traded at C$20.26 in 90 days. Key indicators impacting Morguard North's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.780.5317
Way Up
Slightly volatile
Return On Assets0.06480.0431
Way Up
Slightly volatile
Return On Equity0.180.0952
Way Up
Slightly volatile
Debt Equity Ratio1.520.9726
Way Up
Slightly volatile
Current Ratio0.340.1941
Way Up
Pretty Stable
  
Understanding current and past Morguard North Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Morguard North's financial statements are interrelated, with each one affecting the others. For example, an increase in Morguard North's assets may result in an increase in income on the income statement.
Please note, the presentation of Morguard North's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Morguard North's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Morguard North's management manipulating its earnings.

Morguard North Stock Summary

Morguard North competes with Morguard Real, Killam Apartment, InterRent Real, Minto Apartment, and Crombie Real. The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The REITs portfolio is comprised of 13,275 residential suites located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately 3.1 billion at September 30, 2020. MORGUARD operates under REITResidential classification in Canada and is traded on Toronto Stock Exchange.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA61761E1007
Business Address55 City Centre
SectorDiversified REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.morguard.com
Phone905 281 3800
CurrencyCAD - Canadian Dollar
You should never invest in Morguard North without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Morguard Stock, because this is throwing your money away. Analyzing the key information contained in Morguard North's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Morguard North Key Financial Ratios

Morguard North's financial ratios allow both analysts and investors to convert raw data from Morguard North's financial statements into concise, actionable information that can be used to evaluate the performance of Morguard North over time and compare it to other companies across industries.

Morguard North Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.1B3.5B3.9B4.1B2.8B
Other Current Liab11.3M11.1M11.7M8.7M176.8M185.6M
Net Debt1.3B1.3B1.4B1.5B1.5B1.3B
Cash17.7M27.3M26.6M14.6M17.8M17.4M
Net Receivables3.3M5.6M7.2M11.4M9.6M5.3M
Other Current Assets20.0M21.3M70M80.7M2.6M2.5M
Total Liab1.8B1.7B1.9B2.1B2.1B1.7B
Total Current Assets54.2M50.1M120.8M202.1M43.2M70.2M
Short Term Debt29.7M113.8M97.0M219.9M167.6M130.5M
Retained Earnings534.9M682.8M897.6M1.1B1.2B1.3B
Accounts Payable37.2M30.9M36.1M45.0M45.6M33.0M
Inventory13.2M(4.1M)17.0M95.4M13.1M17.8M
Common Stock468.6M469.2M470.0M470.8M448.2M414.5M
Other Liab115.2M110.1M175.7M262.8M302.2M317.3M
Net Tangible Assets1.1B1.3B1.5B1.8B2.0B1.2B
Long Term Debt1.3B1.2B1.3B1.2B1.4B1.4B
Short Long Term Debt29.7M113.8M97.0M219.9M167.6M138.5M
Net Invested Capital2.5B2.6B2.9B3.2B3.4B3.0B
Net Working Capital(23.9M)(105.8M)(23.9M)(71.6M)(179.2M)(188.2M)
Capital Stock468.6M469.2M470.0M470.8M448.2M494.1M

Morguard North Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense49.0M48.7M46.4M49.9M60.7M46.6M
Total Revenue245.6M248.7M245.6M278.5M331.6M228.7M
Gross Profit118.5M120.3M115.1M131.9M158.3M109.4M
Operating Income132.9M135.5M129.5M(38.6M)180.2M106.1M
Ebit(69.3M)56.6M(93.0M)31.0M25.4M26.6M
Ebitda81.8M139.3M68.2M149.7M172.0M90.6M
Cost Of Revenue127.1M128.4M130.5M146.6M173.4M119.3M
Income Before Tax86.4M164.5M310.5M309.9M193.4M160.9M
Net Income76.8M175.2M242.1M219.3M176.3M140.4M
Income Tax Expense6.2M(2.3M)65.5M70.3M8.1M7.7M
Minority Interest89.4M77.5M(2.9M)(20.3M)(8.9M)(8.5M)
Tax Provision6.2M(2.3M)65.5M70.3M8.1M7.7M
Net Interest Income(64.2M)(64.0M)(65.7M)(65.4M)(77.3M)(81.2M)
Research Development0.350.71.251.10.570.79

Morguard North Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Morguard North American. It measures of how well Morguard is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Morguard North brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Morguard had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Morguard North has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash962K9.6M(742K)(11.9M)3.2M3.3M
Free Cash Flow138.3M50.1M63.7M75.2M89.0M93.4M
Other Non Cash Items(27.1M)(102.8M)(257.7M)(234.3M)(105.2M)(110.5M)
Net Income80.1M166.8M245.0M239.6M185.3M144.5M
End Period Cash Flow17.7M27.3M26.6M14.6M17.8M17.4M
Dividends Paid23.6M26.7M26.6M26.7M27.0M22.5M
Net Borrowings(60.4M)(8.1M)80.5M36.7M33.1M37.4M
Change To Netincome(21.7M)(117.3M)(189.5M)(148.5M)(133.6M)(140.3M)

Morguard Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Morguard North's current stock value. Our valuation model uses many indicators to compare Morguard North value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Morguard North competition to find correlations between indicators driving Morguard North's intrinsic value. More Info.
Morguard North American is regarded third in return on equity category among its peers. It is regarded fourth in return on asset category among its peers reporting about  0.59  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Morguard North American is roughly  1.68 . At present, Morguard North's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Morguard North by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Morguard North's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Morguard North American Systematic Risk

Morguard North's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Morguard North volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Morguard North American correlated with the market. If Beta is less than 0 Morguard North generally moves in the opposite direction as compared to the market. If Morguard North Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Morguard North American is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Morguard North is generally in the same direction as the market. If Beta > 1 Morguard North moves generally in the same direction as, but more than the movement of the benchmark.

Morguard North American Total Assets Over Time

Today, most investors in Morguard North Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Morguard North's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Morguard North growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.25)

At present, Morguard North's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Morguard North November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Morguard North help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Morguard North American. We use our internally-developed statistical techniques to arrive at the intrinsic value of Morguard North American based on widely used predictive technical indicators. In general, we focus on analyzing Morguard Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Morguard North's daily price indicators and compare them against related drivers.

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When running Morguard North's price analysis, check to measure Morguard North's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Morguard North is operating at the current time. Most of Morguard North's value examination focuses on studying past and present price action to predict the probability of Morguard North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morguard North's price. Additionally, you may evaluate how the addition of Morguard North to your portfolios can decrease your overall portfolio volatility.
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