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Morguard: Top 10 Undervalued Real Estate Industry Stocks (MRC)

AI-generated - The Globe and Mail - Thu Jun 6, 7:34AM CDT

Morguard is now ranked among the top 10 undervalued stocks in the Real Estate industry on the Toronto Stock Exchange or TSX Venture Exchange.

  • A stock is considered undervalued if it trades at a discount to its valuation โ€“ a calculation used to determine the intrinsic (true) worth of a company
  • Valuation methodology provided by Stockcalc (see below)

Real Estate: Companies that develop real estate and same properties held as inventory, or sold to others after development, with no specific portfolio composition.

Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
IVQ-UInvesque0.170.630.46 (268.8%)11909.60.00.0
IVQInvesque0.250.740.49 (195.3%)806714.20.00.0
RPPRegent Pacific Properties0.010.030.02 (122.7%)0.60.02.1
NXLVNexLiving Communities1.753.131.38 (78.6%)314329.42.35.8
DRMDREAM Unlimited19.0525.396.34 (33.3%)45546831.02.80.0
GDCGenesis Land Development3.514.330.82 (23.3%)3353199.30.09.3
MRCMorguard111.00135.0024.00 (21.6%)23831200.20.45.0
MRDMelcor Developments11.8114.002.19 (18.5%)11600359.65.05.0
UFCUrbanfund0.820.940.12 (14.6%)140449.56.17.1
WFCWall Finl20.1022.272.17 (10.8%)1150651.30.029.1

All data provided as of June 06, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Morguard

Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: multi-suite residential, retail, office, and hotel. and the majority of its revenue is generated from the Multi-suite Residential segment. Geographically, the company operates in the United States and Canada. The company also offers real estate management services and property investment advisory services.

Morguard is listed under MRC on the Toronto Stock Exchange.

Stockcalc

StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.

Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalcโ€™s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:

  • Discounted Cash Flow (DCF)
  • Price & Other Comparables
  • Multiples
  • Adjusted Book Value (ABV)
  • Analyst Consensus

Artificial Intelligence at Report on Business

Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.