Dashboard
1
Poor long term growth as Net Sales has grown by an annual rate of -0.08% and Operating profit at -5.28%
2
The company declared positive results in Dec'24 after negative results in Sep'24
3
With ROE of 4.00%, it has a attractive valuation with a 0.29 Price to Book Value
4
Below par performance in long term as well as near term
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-4.33%
0%
-4.33%
6 Months
-3.6%
0%
-3.6%
1 Year
3.37%
0%
3.37%
2 Years
6.17%
0%
6.17%
3 Years
-2.79%
0%
-2.79%
4 Years
-24.83%
0%
-24.83%
5 Years
-23.34%
0%
-23.34%
Morguard Corp. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-0.08%
EBIT Growth (5y)
-5.28%
EBIT to Interest (avg)
1.91
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
27.20%
Dividend Payout Ratio
2.68%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
12.40%
ROE (avg)
6.76%
Valuation key factors
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
0.29
EV to EBIT
2.48
EV to EBITDA
2.43
EV to Capital Employed
0.26
EV to Sales
0.95
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
10.38%
ROE (Latest)
4.00%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Sideways
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Bearish
No Trend
OBV
Mildly Bullish
No Trend
Shareholding Snapshot : Mar 2020
Shareholding Compare (%holding) 
Majority shareholders
Strategic Entities
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 0 Foreign Institutions (0%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
280.40
282.20
-0.64%
Operating Profit (PBDIT) excl Other Income
120.70
64.80
86.27%
Interest
63.60
63.00
0.95%
Exceptional Items
24.60
71.80
-65.74%
Consolidate Net Profit
54.90
54.80
0.18%
Operating Profit Margin (Excl OI)
425.00%
221.00%
20.40%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is -0.64% vs -2.69% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 0.18% vs -7.90% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
1,127.10
1,224.00
-7.92%
Operating Profit (PBDIT) excl Other Income
434.50
556.40
-21.91%
Interest
256.50
264.70
-3.10%
Exceptional Items
-18.10
-190.60
90.50%
Consolidate Net Profit
239.60
58.20
311.68%
Operating Profit Margin (Excl OI)
375.80%
435.70%
-5.99%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -7.92% vs 7.68% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 311.68% vs -48.17% in Dec 2023
About Morguard Corp. 
Morguard Corp.
Realty
Morguard Corp is a Canada-based real estate investment company. The Company is engaged in the acquisition, development and ownership of commercial, multi-unit residential and hotel real estate properties. It is also a real estate investment advisors and a management company. The Company and its subsidiaries, including Morguard Residential REIT and Morguard REIT, own a portfolio of over 175 multi-unit residential, retail, office, industrial and hotel properties located in Canada and the United States. The Company's multi-suite residential portfolio consists of over 20 Canadian properties and over 30 United States properties. The Company, through its wholly owned subsidiary, Morguard Investments Limited, provides real estate management services to Canadian institutional investors. The Company's services, include acquisitions, development, dispositions, leasing, performance measurement, as well as asset and property management.
Company Coordinates 
Company Details
55 City Centre Dr Suite 1000 , MISSISSAUGA ON : L5B 1M3
Registrar Details






