Morguard Corporation (MRC) Fair Value & Analysis
Real Estate · CA · Market cap C$1.3B
Fair value as of: Jul 18, 2026
From 12 valuation models · updated 23 days ago
Share price −7.7% over the past month.
A solid business, screening 144% undervalued on our models.
What matters now
- The price is below even our cautious bear case (C$208.80). The market is more pessimistic than our downside scenario.
- Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
- As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.
How to read this chart
60‑month range C$98.82 – C$149.60 · fair‑value band C$208.80 – C$348.00 · the C$114.08 price screens below the C$278.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.
Analysis
Morguard Corporation (MRC) currently trades at C$114.08, while our model-based Fair Value estimate is C$278.40, implying the stock looks roughly 144.0% undervalued today. The Quality Score stands at 58/100 (solid 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, Morguard Corporation generated revenue of C$1.1B at a net margin of 15.7%. Revenue declined 2.5% year over year. It earns a return on equity of 3.9%. Net debt stands at C$5.4B. Fundamentals as of Jul 18, 2026
Our scenario range runs from C$208.80 (bear case) to C$348.00 (bull case); at C$114.08, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -30% fair-value upside, at 144%, MRC screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 12 models by family
Widest divergence: Multiples (C$278.40) versus DCF Models (C$98.91). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 54 · Market factors (momentum, volatility) 53
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel.
Full company description
Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors. It also acquires, develops, and owns a portfolio of multi-suite residential, commercial, retail, office, industrial, and hotel properties. The company was formerly known as Acktion Corporation and changed its name to Morguard Corporation in June 2002. Morguard Corporation was incorporated in 2024 and is headquartered in Mississauga, Canada. Morguard Corporation operates as a subsidiary of Paros Enterprises Limited.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Morguard Corporation reported revenue of C$1.1B in FY2025 versus C$1.0B in FY2021, a compound +2.4%/yr. Reported net income was C$175M in FY2025, compounding −8.5%/yr from FY2021.
Watch MRC: get an alert when its fair value changes →
Peer Group
Real Estate - Diversified · 138 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Real Estate - Diversified median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Insider activity: 45/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Real Estate - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Swiss Prime Site AG SPSN | CHF 129.20 | CHF 44.83 | -65% |
| Central Pattana Public Company CPN | 68.75 THB | 71.37 THB | +4% |
| Prestige Estates Projects Limited PRESTIGE | ₹1,733 | ₹645.21 | -63% |
| The Phoenix Mills Limited PHOENIXLTD | ₹2,076 | ₹701.74 | -66% |
| Fastighets AB BALDB | kr 50.42 | kr 70.70 | +40% |
| Umm Al Qura for Development and Construction Company 4325 | 16.39 SAR | 11.62 SAR | -29% |
| Hainan Airport Infrastructure Co 600515 | ¥2.89 | ¥0.3300 | -89% |
| Shenzhen Special Economic Zone Real Estate & Properties (Group) Co 000029 | ¥19.95 | ¥4.60 | -77% |
| Parque Arauco S.A PARAUCO | 3,940 CLP | 2,777 CLP | -30% |
| Corporación Inmobiliaria Vesta, S.A. VESTA | 59.57 MXN | 53.94 MXN | -9% |
Compare Morguard Corporation with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Real Estate stocks →
Frequently asked questions
Is Morguard Corporation (MRC) overvalued or undervalued?
What is the fair value of MRC?
What is the quality score of MRC?
What is the revenue of Morguard Corporation (MRC)?
What is the net profit margin of MRC?
Does Morguard Corporation 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.
Track Morguard Corporation and try Pro for 14 days
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.