Morguard Financials

MRC Stock  CAD 119.67  3.32  2.70%   
Financial data analysis helps to check out if markets are presently mispricing Morguard. We were able to break down thirty-eight available fundamentals for Morguard, which can be compared to its peers in the industry. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Morguard to be traded at C$114.88 in 90 days. Key indicators impacting Morguard's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.861.4495
Significantly Up
Slightly volatile
Operating Income1.3 B1.2 B
Sufficiently Up
Slightly volatile
Current Ratio0.540.3006
Way Up
Slightly volatile
  
Understanding current and past Morguard Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Morguard's financial statements are interrelated, with each one affecting the others. For example, an increase in Morguard's assets may result in an increase in income on the income statement.

Morguard Stock Summary

Morguard competes with Morguard Real, Mainstreet Equity, Morguard North, Melcor Developments, and FirstService Corp. Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops real estate properties in Canada and the United States. Morguard Corporation is a subsidiary of Paros Enterprises Limited. MORGUARD CORP operates under Real EstateDiversified classification in Canada and is traded on Toronto Stock Exchange.
Foreign Associate
  USA
Specialization
Real Estate, Real Estate Management & Development
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA6175771014
Business Address55 City Centre
SectorReal Estate Management & Development
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.morguard.com
Phone905 281 3800
CurrencyCAD - Canadian Dollar
You should never invest in Morguard 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's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Morguard Key Financial Ratios

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

Morguard Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets11.7B11.1B11.5B11.7B11.6B12.2B
Other Current Liab27.2M24.0M20.4M35.3M7.6M7.2M
Net Debt5.8B5.7B5.6B5.7B5.7B6.0B
Retained Earnings3.2B3.1B3.4B3.5B3.5B3.7B
Accounts Payable185.9M178.8M190.0M208.4M211.1M126.9M
Net Receivables80.6M92.9M70.2M80.2M59.9M69.4M
Other Current Assets19.1M37.8M41.6M147.2M49.8M30.6M
Total Liab7.4B7.1B7.3B7.3B7.3B7.6B
Total Current Assets222.9M272.8M285.5M339.1M606.3M636.6M
Short Term Debt919.9M973.0M865.9M1.2B1.8B1.9B
Cash123.2M142.1M173.7M111.8M116.5M75.4M
Intangible Assets38.0M33.7M27.7M21.1M14.6M27.3M
Common Stock102.4M100.9M100.9M100.2M98.4M84.3M
Other Liab733.8M648.2M784.8M821.4M944.7M699.7M
Net Tangible Assets3.5B3.3B3.6B3.8B4.4B3.4B
Other Assets260.5M230.8M269.1M74.7M(489.7M)(465.3M)
Long Term Debt5.3B4.7B5.3B4.9B3.9B4.7B
Short Long Term Debt918.2M971.2M864.1M1.2B1.8B1.2B
Long Term Debt Total5.5B5.3B5.4B5.0B5.8B5.3B

Morguard Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense228.6M232.5M215.2M223.0M257.9M270.8M
Total Revenue1.2B1.0B1.0B1.1B1.2B652.3M
Gross Profit610.6M533.3M533.3M500.4M634.0M327.9M
Operating Income425.2M491.0M394.7M508.5M1.2B1.3B
Ebit(249.6M)(624.5M)(239.5M)(101.9M)339.5M356.5M
Ebitda461.4M(52.0M)427.2M535.0M362.6M200.4M
Cost Of Revenue565.1M495.1M488.6M619.7M594.3M324.4M
Income Before Tax225.5M(319.8M)408.1M135.5M81.6M161.9M
Net Income186.9M(250.1M)249.8M122.8M74.2M114.5M
Income Tax Expense36.7M(69.7M)151.5M23.2M23.3M40.2M
Minority Interest756.8M540.3M(6.9M)10.5M15.9M15.1M
Tax Provision36.7M(69.7M)151.5M23.2M23.3M22.2M
Net Interest Income(230.3M)(225.5M)(197.4M)(212.5M)(246.6M)(258.9M)
Research Development0.380.210.30.120.060.057
Interest Income17.3M15.7M22.9M16.7M18.1M17.4M

Morguard Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash12.8M18.9M31.6M(61.8M)4.7M4.9M
Free Cash Flow269.8M209.8M264.8M251.2M288.5M303.0M
Depreciation36.2M35.3M32.5M26.5M23.1M31.6M
Other Non Cash Items23.5M(72.3M)47.7M124.3M173.9M182.6M
Capital Expenditures12.7M2.1M677K1.7M6.6M6.3M
Net Income188.8M(250.1M)256.6M112.3M74.2M118.3M
End Period Cash Flow123.2M142.1M173.7M111.8M116.5M63.9M
Dividends Paid6.7M6.6M6.6M6.6M6.5M10.6M
Investments(561.8M)(68.1M)11.9M(84.5M)(112.3M)(117.9M)
Net Borrowings327.5M(32.2M)(75.2M)(118.6M)(106.7M)(101.4M)
Change To Netincome50.9M309.8M(75.7M)110.6M127.2M133.6M

Morguard Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Morguard's current stock value. Our valuation model uses many indicators to compare Morguard value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Morguard competition to find correlations between indicators driving Morguard's intrinsic value. More Info.
Morguard 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  0.71  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Morguard is roughly  1.41 . At this time, Morguard's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Morguard by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Morguard'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 Systematic Risk

Morguard's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Morguard 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Morguard correlated with the market. If Beta is less than 0 Morguard generally moves in the opposite direction as compared to the market. If Morguard Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Morguard is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Morguard is generally in the same direction as the market. If Beta > 1 Morguard moves generally in the same direction as, but more than the movement of the benchmark.

Morguard Total Assets Over Time

Today, most investors in Morguard Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Morguard'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 growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.38)

At this time, Morguard's Price Earnings To Growth Ratio is very stable compared to the past year.

Morguard December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Morguard help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Morguard. We use our internally-developed statistical techniques to arrive at the intrinsic value of Morguard 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's daily price indicators and compare them against related drivers.

Other Information on Investing in Morguard Stock

Morguard financial ratios help investors to determine whether Morguard Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Morguard with respect to the benefits of owning Morguard security.