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← CockpitCompetitor Analysis › MRC.TO Morguard CorporationOpen in the cockpit ↗

Morguard CorporationMRC.TOCompetitor analysis, valuation and peers

Canada · CAD·Real Estate›Real Estate Development
Momentum neutral 43
Mkt cap
$844M
US dollars, full cap
Free float
22%
of shares outstanding
$/day
$67,456
20-day average traded
Fwd P/E
5.1×
forward earnings
ROIC−WACC
n/a
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
111 days
25 Feb 2027
Close · CADC$109.30
1D0.0%
1W+0.3%
1M-3.9%
3M-4.2%
6M-6.1%
YTD-5.8%
1Y-5.5%
ATR %0.8%
52w lowhigh14.2% off high

What Morguard does

No business profile yet.

Morguard at a glance

Size Morguard (MRC.TO) is a Canada Real Estate company (Real Estate Development) with a market value of $844M, the 269th largest of 420 Canada companies the cockpit tracks. Shares closed at C$109.30 on 6 Nov 2026.

Performance Over six months the shares fell 6.1%, against -10.2% for the median peer and +5.2% for the Canada market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue fell 1.4% over the last twelve months (peer median -12.6%); the operating margin is 48.8% (peer median 2.4%).

Valuation It trades at 5.1× forward earnings against a peer median of 11.5× (2nd cheapest of 8).

Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).

Relative performance

909510010511 May 202611 Aug 20266 Nov 2026MRC.TO 90Peer median 89
Six months, rebased to 100: Morguard against the median of its 20 peers (local-currency closes).

Morguard financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$1.11BC$1.12BC$1.13BC$1.22BC$1.14B
Revenue growth—0%-8%+8%—
Gross profitC$608MC$614MC$615MC$634MC$568M
EBITDAC$549MC$501MC$435MC$556MC$526M
Net incomeC$206MC$175MC$262MC$74.2MC$123M
Free cash flowC$222MC$209MC$245MC$289MC$245M
Capital expenditureC$5.70MC$5.15MC$5.25MC$9.37MC$8.27M
Total debtC$5.69BC$5.46BC$5.44BC$5.81BC$5.80B

Quarterly statements and history in the cockpit →

Morguard competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%000025W05SKYH600683600708DIOS2007JM0023140071600325MAXESTATES89343380600223FPAR-AHWGPXA000517MRC.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Morguard is the large dot.

Fundamentals: revenue growth against valuation

-40%-30%-20%-10%0%20×40×DIOSJM8934600223FPAR-AB61PXAMRC.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Morguard is the large dot.

Morguard competitors and peer comparison

How Morguard compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Morguard against its 20 peers (data as of 6 Nov 2026)
MeasureMRC.TOPeer medianRank in peer set
1-month return-3.9%-4.2%11th highest of 21
6-month return-6.1%-10.2%5th highest of 21
Distance from 52-week high-14.2%-25.1%4th highest of 21
Revenue growth (TTM)-1.4%-12.6%9th highest of 21
Operating margin48.8%2.4%3rd highest of 21
Forward P/E5.1×11.5×2nd cheapest of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Morguard MRC.TOCanada$844M-6%-1%49%5.1×n/an/a
Shenzhen Tellus 000025.SZChina$843M-16%-60%21%n/an/an/a
Wing Tai W05.SISingapore$846M-10%+168%6%n/an/an/a
Sky Harbour SKYHUnited States$839M+4%+62%-81%n/an/an/a
Metro Land 600683.SSChina$839M-48%+1,029%-10%n/an/an/a
Bright Real Estate 600708.SSChina$849M-33%-54%-82%n/an/an/a
Dios Fastigheter DIOS.STSweden$851M-9%+1%66%8.8×n/an/a
Country Garden 2007.HKHong Kong$853M-49%-42%-51%n/an/an/a
Jm AB JM.STSweden$834M+7%-14%1%34.4×n/an/a
Shenzhen New Nanshan Holding (Group) 002314.SZChina$833M-19%-55%-36%n/an/an/a
Miramar Hotel & Investment 0071.HKHong Kong$862M-10%-11%22%n/an/an/a
Zhuhai Huafa Properties 600325.SSChina$871M-39%-18%-16%n/an/an/a
Max Estates MAXESTATES.NSIndia$872M+20%+5%28%n/an/an/a
Sun Frontier Fudousan 8934.TJapan$816M-16%+3%22%6.9×n/an/a
Logan 3380.HKHong Kong$816M-9%-69%-178%n/an/an/a
Lushang Freda Pharmaceutical 600223.SSChina$813M-19%+2%4%29.4×n/an/a
FastPartner FPAR-A.STSweden$810M-7%-2%66%11.5×n/an/a
Harworth HWG.LUnited Kingdom$879M+51%-35%-31%n/an/an/a
Bukit Sembawang Estates B61.SISingapore$880M-10%-37%44%4.8×n/an/a
PEXA PXA.AXAustralia$896M-38%+3%13%49.9×n/an/a
Rongan Property 000517.SZChina$898M-7%-76%-46%n/an/an/a

Questions

Which companies are Morguard's closest peers?
The cockpit's peer set: Shenzhen Tellus (000025.SZ), Wing Tai (W05.SI), Sky Harbour (SKYH), Metro Land (600683.SS), Bright Real Estate (600708.SS), Dios Fastigheter (DIOS.ST), Country Garden (2007.HK), Jm AB (JM.ST).
Is Morguard expensive compared with its peers?
On forward p/e it trades at 5.1× against a peer median of 11.5×, 2nd cheapest of 8 in its peer set.
How has Morguard stock performed?
Over six months to 6 Nov 2026 the shares returned -6.1% against -10.2% for the median peer; over one year -5.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.