Morguard North American: Top 10 Undervalued REITs Industry Stocks (MRG-UN)
Morguard North American is now ranked among the top 10 undervalued stocks in the REITs industry on the Toronto Stock Exchange or TSX Venture Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
REITs: Self-administered real estate investment trusts engaged in the development, acquisition, management, and disposition of healthcare properties, including long-term-care facilities, acute-care and rehab hospitals, psychiatric facilities, and substance-abuse centers.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| HOT-U | American Hotel Inc Props | 0.62 | 1.37 | 0.75 (121.5%) | 100 | 49.5 | 21.8 | 0.0 |
| FCA-UN | Firm Capital Apartment | 4.73 | 7.98 | 3.25 (68.6%) | 2055 | 36.0 | 0.0 | 0.0 |
| HOT-UN | American Hotel Inc Props | 0.82 | 1.37 | 0.55 (67.5%) | 82585 | 65.4 | 24.6 | 0.0 |
| INO-UN | Inovalis REIT | 1.29 | 2.05 | 0.76 (58.5%) | 35985 | 42.0 | 29.3 | 0.0 |
| MAR-UN | Marwest Apartment | 0.73 | 1.14 | 0.41 (56.5%) | 4353 | 6.3 | 2.1 | 1.3 |
| MPCT-UN | Dream Impact | 3.96 | 5.86 | 1.90 (47.9%) | 57593 | 69.6 | 16.2 | 0.0 |
| SRES | Sun Residential REIT | 0.05 | 0.07 | 0.02 (34.1%) | 11992 | 10.2 | 7.6 | 0.0 |
| HOM-UN | BSR REIT | 15.27 | 20.22 | 4.95 (32.4%) | 18968 | 551.0 | 4.6 | 0.0 |
| MRG-UN | Morguard North American | 15.75 | 20.74 | 4.99 (31.7%) | 26851 | 594.3 | 4.6 | 3.4 |
| AX-UN | Artis REIT | 5.61 | 7.25 | 1.64 (29.2%) | 207183 | 612.7 | 10.7 | 0.0 |
All data provided as of March 01, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Morguard North American
Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.
Morguard North American is listed under MRG-UN 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. Stockcalc’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.
