Morguard EBITDA vs. Return On Equity

MRC Stock  CAD 119.61  0.31  0.26%   
Based on the measurements of profitability obtained from Morguard's financial statements, Morguard may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Morguard's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
362.6 M
Current Value
200.4 M
Quarterly Volatility
155.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Morguard's Price To Sales Ratio is very stable compared to the past year. As of the 12th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.11, while Days Sales Outstanding is likely to drop 16.90. At this time, Morguard's Change To Netincome is very stable compared to the past year.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.40.5162
Significantly Down
Pretty Stable
Operating Profit Margin0.270.41
Way Down
Pretty Stable
For Morguard profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Morguard to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Morguard utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Morguard's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Morguard over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Morguard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morguard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morguard's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Morguard Return On Equity vs. EBITDA Fundamental Analysis

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.
Morguard is regarded second in ebitda category among its peers. It is regarded third in return on equity category among its peers . The ratio of EBITDA to Return On Equity for Morguard is about  8,843,878,049 . At this time, Morguard's EBITDA 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 Return On Equity vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Morguard

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
362.6 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Morguard

Return On Equity

 = 

Net Income

Total Equity

 = 
0.041
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Morguard Return On Equity Comparison

Morguard is currently under evaluation in return on equity category among its peers.

Morguard Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Morguard, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Morguard will eventually generate negative long term returns. The profitability progress is the general direction of Morguard's change in net profit over the period of time. It can combine multiple indicators of Morguard, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income258.5 M271.4 M
Operating Income1.2 B1.3 B
Income Before Tax81.6 M161.9 M
Total Other Income Expense Net-1.1 B-1.1 B
Net Income74.2 M118.3 M
Income Tax Expense23.3 M40.2 M
Net Income From Continuing Ops58.2 M55.3 M
Net Income Applicable To Common Shares110.5 M141.4 M
Net Interest Income-246.6 M-258.9 M
Interest Income18.1 M17.4 M
Change To Netincome127.2 M133.6 M
Net Income Per Share 6.80  6.63 
Income Quality 4.02  2.55 
Net Income Per E B T 0.91  0.58 

Morguard Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Morguard. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Morguard position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Morguard's important profitability drivers and their relationship over time.

Use Morguard in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Morguard position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Morguard will appreciate offsetting losses from the drop in the long position's value.

Morguard Pair Trading

Morguard Pair Trading Analysis

The ability to find closely correlated positions to Morguard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Morguard - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Morguard to buy it.
The correlation of Morguard is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Morguard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Morguard can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Morguard position

In addition to having Morguard in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Exotic Funds Thematic Idea Now

Exotic Funds
Exotic Funds Theme
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Exotic Funds Theme or any other thematic opportunities.
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Other Information on Investing in Morguard Stock

To fully project Morguard's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Morguard at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Morguard's income statement, its balance sheet, and the statement of cash flows.
Potential Morguard investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Morguard investors may work on each financial statement separately, they are all related. The changes in Morguard's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Morguard's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.