Morguard Real Estate Investment Trust
Morguard Real Estate Investment Trust Fundamental Analysis
Morguard Real Estate Investment Trust (MRT-UN.TO) shows weak financial fundamentals with a PE ratio of -25.94, profit margin of -6.92%, and ROE of -1.91%. The company generates $0.2B in annual revenue with weak year-over-year growth of 1.61%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 0.8/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze MRT-UN.TO's fundamental strength across five key dimensions:
Efficiency Score
WeakMRT-UN.TO struggles to generate sufficient returns from assets.
Valuation Score
ExcellentMRT-UN.TO trades at attractive valuation levels.
Growth Score
ModerateMRT-UN.TO shows steady but slowing expansion.
Financial Health Score
WeakMRT-UN.TO carries high financial risk with limited liquidity.
Profitability Score
WeakMRT-UN.TO struggles to sustain strong margins.
Key Financial Metrics
Is MRT-UN.TO Expensive or Cheap?
P/E Ratio
MRT-UN.TO trades at -25.94 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, MRT-UN.TO's PEG of -0.41 indicates potential undervaluation.
Price to Book
The market values Morguard Real Estate Investment Trust at 0.50 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at -17.87 times EBITDA. This is generally considered low.
How Well Does MRT-UN.TO Make Money?
Net Profit Margin
For every $100 in sales, Morguard Real Estate Investment Trust keeps $-6.92 as profit after all expenses.
Operating Margin
Core operations generate 45.06 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $-1.91 in profit for every $100 of shareholder equity.
ROA
Morguard Real Estate Investment Trust generates $-0.77 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Morguard Real Estate Investment Trust produces operating cash flow of $40.68M, showing steady but balanced cash generation.
Free Cash Flow
Morguard Real Estate Investment Trust produces free cash flow of $16.49M, offering steady but limited capital for shareholder returns and expansion.
FCF Per Share
Each share generates $0.25 in free cash annually.
FCF Yield
MRT-UN.TO converts 3.74% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-25.94
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-0.41
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.50
vs 25 benchmark
P/S Ratio
Price to sales ratio
1.81
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
1.43
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.04
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
-0.02
vs 25 benchmark
ROA
Return on assets percentage
-0.01
vs 25 benchmark
ROCE
Return on capital employed
0.07
vs 25 benchmark
How MRT-UN.TO Stacks Against Its Sector Peers
| Metric | MRT-UN.TO Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -25.94 | 22.38 | Better (Cheaper) |
| ROE | -1.91% | 721.00% | Weak |
| Net Margin | -6.92% | -37440.00% (disorted) | Weak |
| Debt/Equity | 1.43 | -20.85 (disorted) | Distorted |
| Current Ratio | 0.04 | 1953.62 | Weak Liquidity |
| ROA | -0.77% | -1450.00% (disorted) | Weak |
MRT-UN.TO outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Morguard Real Estate Investment Trust's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
-10.36%
Industry Style: Income, Inflation Hedge, REIT
DecliningEPS CAGR
-30.41%
Industry Style: Income, Inflation Hedge, REIT
DecliningFCF CAGR
-42.44%
Industry Style: Income, Inflation Hedge, REIT
Declining