Marwest Apartment Real Estate Investment Trust (MAR-UN) Fair Value & Analysis
Real Estate · CA · Market cap C$7.7M
Fair value as of: Jun 26, 2026
From 22 valuation models · updated 25 days ago
Fair value updated Jun 26, 2026, revised from C$1.95 to C$1.54 (−21.0%) since Jun 24, 2026. Share price −3.8% over the past month.
Price vs Fair Value (12 months)
12‑month range C$0.6909 – C$0.8338 · fair‑value band C$1.15 – C$1.92 · the C$0.7700 price screens below the C$1.54 fair value. As of Jun 26, 2026.
✦ Which stocks are undervalued right now? Check free Discover now →Analysis
Marwest Apartment Real Estate Investment Trust (MAR-UN) currently trades at C$0.7700, while our model-based Fair Value estimate is C$1.54, implying the stock looks roughly 100.0% undervalued today. We read business quality at 42/100 (below-average quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, Marwest Apartment Real Estate Investment Trust generated revenue of C$10.6M at a net margin of 15.6%. Revenue grew 2.2% year over year. It earns a return on equity of 4.2%. Net debt stands at C$96.0M. Fundamentals as of Jun 26, 2026
Our scenario range runs from C$1.15 (bear case) to C$1.92 (bull case); at C$0.7700, the current price sits below that range. The share trades about 8% below its 52-week high and 13% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -34% fair-value upside, at 100%, MAR-UN screens cheaper than that median.
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.
About the company
Marwest Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust which was amended and restated on April 30, 2021. The REIT was a closed-ended real estate investment trust at December 31, 2020 and converted to an open-ended real estate investment trust on April 30, 2021 pursuant to a resolution passed by the Board of Trustees. The REIT owns and operates a portfolio of income-producing multi-family investment properties located in Western Canada. At December 31, 2025, the REIT has a portfolio consisting of four multi-family investment properties, all of which are held by its subsidiary, MAR REIT L.P. (the Partnership). Three of the investment properties are held through Marwest Apartments I L.P. (Kenwood Court), Marwest Apartments VII L.P. (Brio Brownstones) and Marwest (Element) Apartments L.P. (Element) which are owned 100 percent by the Partnership and Prairie View Pointe, which is owned …
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Marwest Apartment Real Estate Investment Trust reported revenue of C$10.6M in FY2025 versus C$3.3M in FY2021, a compound +33.4%/yr. Reported net income was C$868K in FY2025, compounding −44.6%/yr from FY2021.
Is MAR-UN fairly valued? → Check now
Similar stocks
10 more REIT - Residential stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| E1QR34 E1QR34 | R$164.90 | R$84.29 | -49% |
| AvalonBay Communities, Inc AVB | $182.24 | $154.52 | -15% |
| EQR EQR | $65.70 | $56.87 | -13% |
| Essex Property Trust, Inc E1SS34 | R$130.99 | R$73.68 | -44% |
| Invitation Homes INVH | $29.91 | $16.82 | -44% |
| Mid-America Apartment Communities, Inc MAA | $132.50 | $75.54 | -43% |
| Sun Communities, Inc SUI | $119.50 | $121.64 | +2% |
| UDR, Inc UDR | $38.39 | $19.76 | -49% |
| American Homes 4 Rent (AMH or the General Partner) AMH | $32.46 | $31.29 | -4% |
| Equity LifeStyle Properties, Inc ELS | $62.60 | $41.53 | -34% |
Explore undervalued stocks
More undervalued Real Estate stocks →
Frequently asked questions
Is Marwest Apartment Real Estate Investment Trust (MAR-UN) undervalued?
What is the fair value of MAR-UN?
What is the quality score of MAR-UN?
What is the revenue of Marwest Apartment Real Estate Investment Trust (MAR-UN)?
What is the net profit margin of MAR-UN?
Does Marwest Apartment Real Estate Investment Trust pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Unlock the full Marwest Apartment Real Estate Investment Trust analysis, and try Pro free
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.
Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.