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No complete published report is available for tsx/MRC (TSX/MRC) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSX/MRC (TSX/MRC)

Toronto Stock Exchange: TSX/MRC · CAD

CA$110

-1.18 (-1.1%)· Recorded snapshot

Market cap	1.2B
Revenue (ttm)	1.1B
Net income (ttm)	205.9M
EPS (ttm)	CA$19.3
Shares out	10.7M
P/E (trailing)	5.7x
P/E (forward)	6.2x
Dividend	CA$0.80 (0.73%)
Volume	3,510
Beta	0.48

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-11-05
Enterprise value	CAD 7.2B
Exchange	Toronto Stock Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2024
Industry	Real Estate - Diversified
Is primary listing	Yes
ISIN number	CA6175771014
Last earnings date	2026-02-20
Last refreshed	2026-10-28
Last stock split date	1982-11-08
Last stock split type	Forward
Market cap	CAD 1.2B
Next earnings date	2026-11-05
Price	CAD 110.08
Price currency	CAD
Sector	Real Estate
SIC code	6510
Stock price date	2026-10-28
Symbol	tsx/MRC
Website	https://www.morguard.com

Metric

Value

Amount currency

CAD

Country

Canada

Country code

Earnings date

2026-11-05

Enterprise value

CAD 7.2B

Exchange

Toronto Stock Exchange

Financial currency

CAD

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

2024

Industry

Real Estate - Diversified

Is primary listing

Yes

ISIN number

CA6175771014

Last earnings date

2026-02-20

Last refreshed

2026-10-28

Last stock split date

1982-11-08

Last stock split type

Forward

Market cap

CAD 1.2B

Next earnings date

2026-11-05

Price

CAD 110.08

Price currency

CAD

Sector

Real Estate

SIC code

6510

Stock price date

2026-10-28

Symbol

tsx/MRC

Website

https://www.morguard.com

Metric	Value
Average P/E ratio (10Y)	9.08x
Average P/E ratio (3Y)	7.04x
Average P/E ratio (5Y)	7.14x
Earnings yield	17.5%
EV/Earnings	35.15x
EV/EBIT	14.03x
EV/EBITDA	13.89x
EV/FCF	32.11x
EV/Sales	6.49x
FCF / EV yield	3.11%
FCF yield	18.97%
Forward P/E	6.23x
Graham number	432.54903
Graham upside	288.77%
P/(FCF - SBC) ratio	5.31x
P/(OCF - SBC) ratio	5.22x
P/B ratio	0.24x
P/E ratio	5.71x
P/FCF ratio	5.27x
P/OCF ratio	5.19x
P/S ratio	1.07x
PEG ratio	0.99x
Price / tangible book value	0.26x
Price/EBITDA ratio	2.28x
Sector forward P/E	14.33x
Sector P/E	46.79x

Metric

Value

Average P/E ratio (10Y)

9.08x

Average P/E ratio (3Y)

7.04x

Average P/E ratio (5Y)

7.14x

Earnings yield

17.5%

EV/Earnings

35.15x

EV/EBIT

14.03x

EV/EBITDA

13.89x

EV/FCF

32.11x

EV/Sales

6.49x

FCF / EV yield

3.11%

FCF yield

18.97%

Forward P/E

6.23x

Graham number

432.54903

Graham upside

288.77%

P/(FCF - SBC) ratio

5.31x

P/(OCF - SBC) ratio

5.22x

P/B ratio

0.24x

P/E ratio

5.71x

P/FCF ratio

5.27x

P/OCF ratio

5.19x

P/S ratio

1.07x

PEG ratio

0.99x

Price / tangible book value

0.26x

Price/EBITDA ratio

2.28x

Sector forward P/E

14.33x

Sector P/E

46.79x

Metric	Value
EBIT margin	46.26%
EBITDA margin	46.74%
Effective tax rate	22.37%
FCF margin	20.22%
Gross margin	46.74%
Operating margin	46.26%
Pretax margin	25.32%
Profit margin	18.47%
Profitable quarters	13
Profitable years	5
ROA	2.67%
ROA (5Y)	2.68%
ROCE	4.74%
ROE	4.52%
ROE (5Y)	3.87%
ROIC	3.68%
ROIC (5Y)	3.54%
SBC / revenue	0.14%
Tax / revenue	5.66%

Metric

Value

EBIT margin

46.26%

EBITDA margin

46.74%

Effective tax rate

22.37%

FCF margin

20.22%

Gross margin

46.74%

Operating margin

46.26%

Pretax margin

25.32%

Profit margin

18.47%

Profitable quarters

Profitable years

ROA

2.67%

ROA (5Y)

2.68%

ROCE

4.74%

ROE

4.52%

ROE (5Y)

3.87%

ROIC

3.68%

ROIC (5Y)

3.54%

SBC / revenue

0.14%

Tax / revenue

5.66%

Metric	Value
EPS growth	9.27%
EPS growth (Q)	57.19%
EPS growth (QoQ)	44.82%
EPS growth 10Y	6.61%
EPS growth quarters	2
EPS growth years	0
Net income growth	8.58%
Net income growth (Q)	56.85%
Net income growth (QoQ)	44.86%
Net income growth quarters	2
Net income growth years	0
OCF growth	2.1%
OCF growth (Q)	-14.3%
OCF growth (QoQ)	86.58%
OCF growth 10Y	-1.16%
OCF growth 3Y	-7.67%
OCF growth 5Y	-0.26%
Revenue growth	-1.17%
Revenue growth (Q)	-0.89%
Revenue growth (QoQ)	0.91%
Revenue growth 10Y	1.51%
Revenue growth 3Y	-1.94%
Revenue growth 5Y	1.63%
Revenue growth quarters	1
Revenue growth years	1

Metric

Value

EPS growth

9.27%

EPS growth (Q)

57.19%

EPS growth (QoQ)

44.82%

EPS growth 10Y

6.61%

EPS growth quarters

EPS growth years

Net income growth

8.58%

Net income growth (Q)

56.85%

Net income growth (QoQ)

44.86%

Net income growth quarters

Net income growth years

OCF growth

2.1%

OCF growth (Q)

-14.3%

OCF growth (QoQ)

86.58%

OCF growth 10Y

-1.16%

OCF growth 3Y

-7.67%

OCF growth 5Y

-0.26%

Revenue growth

-1.17%

Revenue growth (Q)

-0.89%

Revenue growth (QoQ)

0.91%

Revenue growth 10Y

1.51%

Revenue growth 3Y

-1.94%

Revenue growth 5Y

1.63%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	CAD -3.5M
Depreciation and amortization	CAD 5.4M
EBIT	CAD 515.8M
EBITDA	CAD 521.2M
EPS	CAD 19.27
FCF per share	CAD 21.11
Financing cash flow	CAD 164.6M
Free cash flow	CAD 225.4M
Free cash flow minus SBC	CAD 223.9M
Funds from operations (FFO)	CAD 224.1M
Gross profit	CAD 521.2M
Income taxes	CAD 63.2M
Investing cash flow	CAD -187.9M
Net cash flow	CAD 210.6M
Net income	CAD 205.9M
Operating cash flow minus SBC	CAD 227.4M
Operating income	CAD 515.8M
Revenue	CAD 1.1B
Stock-based compensation	CAD 1.5M

Metric

Value

Capital expenditures

CAD -3.5M

Depreciation and amortization

CAD 5.4M

EBIT

CAD 515.8M

EBITDA

CAD 521.2M

EPS

CAD 19.27

FCF per share

CAD 21.11

Financing cash flow

CAD 164.6M

Free cash flow

CAD 225.4M

Free cash flow minus SBC

CAD 223.9M

Funds from operations (FFO)

CAD 224.1M

Gross profit

CAD 521.2M

Income taxes

CAD 63.2M

Investing cash flow

CAD -187.9M

Net cash flow

CAD 210.6M

Net income

CAD 205.9M

Operating cash flow minus SBC

CAD 227.4M

Operating income

CAD 515.8M

Revenue

CAD 1.1B

Stock-based compensation

CAD 1.5M

Metric	Value
Book value per share	CAD 431.59
Debt / EBITDA	11.58
Debt / equity	1.21
Debt / FCF	26.77
Goodwill	CAD 24.5M
Interest coverage	2.01
Net cash (debt)	CAD -5.7B
Net cash / market cap	-476.42%
Net debt / EBITDA	10.86
Net debt / equity	1.13
Net debt / FCF	25.11
Piotroski F-Score	5
Property, plant and equipment	CAD 11.3B
Shareholders' equity	CAD 5B
Tangible book value	CAD 4.6B
Tangible book value per share	CAD 428.28
Total assets	CAD 12.4B
Total cash	CAD 374.7M
Total debt	CAD 6B
Total liabilities	CAD 7.4B
WACC	3.89%

Metric

Value

Book value per share

CAD 431.59

Debt / EBITDA

11.58

Debt / equity

1.21

Debt / FCF

26.77

Goodwill

CAD 24.5M

Interest coverage

2.01

Net cash (debt)

CAD -5.7B

Net cash / market cap

-476.42%

Net debt / EBITDA

10.86

Net debt / equity

1.13

Net debt / FCF

25.11

Piotroski F-Score

Property, plant and equipment

CAD 11.3B

Shareholders' equity

CAD 5B

Tangible book value

CAD 4.6B

Tangible book value per share

CAD 428.28

Total assets

CAD 12.4B

Total cash

CAD 374.7M

Total debt

CAD 6B

Total liabilities

CAD 7.4B

WACC

3.89%

Metric	Value
Asset turnover	0.09
Current ratio	0.43
Net working capital	CAD -15.3M
Quick ratio	0.3
Working capital	CAD -867.6M

Metric

Value

Asset turnover

0.09

Current ratio

0.43

Net working capital

CAD -15.3M

Quick ratio

0.3

Working capital

CAD -867.6M

Metric	Value
Buyback yield / dilution	0.63%
Dividend growth	0%
Dividend growth (10Y)	2.92%
Dividend growth (3Y)	10.06%
Dividend growth (5Y)	5.92%
Dividend growth years	2
Dividend payment date	2026-09-29
Dividend payment years	27
Dividend payout frequency	Quarterly
Dividend per share	CAD 0.80
Dividend yield	0.73%
Ex-dividend date	2026-09-15
FCF payout ratio	3.79%
Last dividend	CAD 0.20
Payout ratio	4.13%
Shareholder yield	1.35%

Metric

Value

Buyback yield / dilution

0.63%

Dividend growth

Dividend growth (10Y)

2.92%

Dividend growth (3Y)

10.06%

Dividend growth (5Y)

5.92%

Dividend growth years

Dividend payment date

2026-09-29

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

CAD 0.80

Dividend yield

0.73%

Ex-dividend date

2026-09-15

FCF payout ratio

3.79%

Last dividend

CAD 0.20

Payout ratio

4.13%

Shareholder yield

1.35%

Metric	Value
10Y price change	-36.02%
10Y return CAGR	-3.9%
10Y total return	-32.85%
150-day SMA	CAD 117.10
15Y price change	58.13%
15Y return CAGR	3.61%
15Y total return	70.14%
1D price change	-1.06%
1M price change	-2.84%
1M total return	-2.84%
1W price change	-2.84%
1W total return	-2.84%
1Y price change	-2.62%
1Y return CAGR	-1.95%
1Y total return	-1.95%
20-day SMA	CAD 113.39
200-day SMA	CAD 116.96
20Y price change	188.34%
20Y return CAGR	6.29%
20Y total return	238.53%
3M price change	-5.84%
3M total return	-5.68%
3Y price change	10.29%
3Y return CAGR	3.98%
3Y total return	12.41%
50-day SMA	CAD 114.23
50-day SMA vs 200-day SMA	50under200
52-week high	CAD 127.40
52-week high date	2026-05-11
52-week low	CAD 110.08
52-week low date	2026-10-28
5Y price change	-18.32%
5Y return CAGR	-3.4%
5Y total return	-15.87%
6M price change	-5.78%
6M total return	-5.46%
All-time high	CAD 219.48
All-time high date	2019-09-17
All-time low	CAD 4.00
All-time low date	1991-05-27
Average true range (ATR)	CAD 0.92
Average volume	2.2K
Beta (1Y)	0.18
Beta (2Y)	0.21
Beta (5Y)	0.48
Change from 52-week high	-13.59%
Change from 52-week low	0%
Change from all-time high	-49.42%
Change from all-time low	2,675.25%
Change from open	-1.07%
Day's gap	0.01%
Dollar volume	CAD 386,381
High price	CAD 111.27
Low price	CAD 110.08
Monthly RSI	44.97
Open price	CAD 111.27
Position in 52-week range	0%
Previous close	CAD 111.26
Price vs 150-day SMA	-5.2%
Price vs 20-day SMA	-2.1%
Price vs 200-day SMA	-5.09%
Price vs 50-day SMA	-2.82%
Relative volume	1.62
RSI	33.4
Sharpe ratio	-0.34
Sharpe ratio (3Y)	0.05
Sharpe ratio (5Y)	-0.29
Sortino ratio	-0.13
Sortino ratio (3Y)	0.38
Sortino ratio (5Y)	-0.14
Volume	3.5K
Weekly RSI	37.73
YTD price change	-4.3%
YTD total return	-3.81%

Metric

Value

10Y price change

-36.02%

10Y return CAGR

-3.9%

10Y total return

-32.85%

150-day SMA

CAD 117.10

15Y price change

58.13%

15Y return CAGR

3.61%

15Y total return

70.14%

1D price change

-1.06%

1M price change

-2.84%

1M total return

-2.84%

1W price change

-2.84%

1W total return

-2.84%

1Y price change

-2.62%

1Y return CAGR

-1.95%

1Y total return

-1.95%

20-day SMA

CAD 113.39

200-day SMA

CAD 116.96

20Y price change

188.34%

20Y return CAGR

6.29%

20Y total return

238.53%

3M price change

-5.84%

3M total return

-5.68%

3Y price change

10.29%

3Y return CAGR

3.98%

3Y total return

12.41%

50-day SMA

CAD 114.23

50-day SMA vs 200-day SMA

50under200

52-week high

CAD 127.40

52-week high date

2026-05-11

52-week low

CAD 110.08

52-week low date

2026-10-28

5Y price change

-18.32%

5Y return CAGR

-3.4%

5Y total return

-15.87%

6M price change

-5.78%

6M total return

-5.46%

All-time high

CAD 219.48

All-time high date

2019-09-17

All-time low

CAD 4.00

All-time low date

1991-05-27

Average true range (ATR)

CAD 0.92

Average volume

2.2K

Beta (1Y)

0.18

Beta (2Y)

0.21

Beta (5Y)

0.48

Change from 52-week high

-13.59%

Change from 52-week low

Change from all-time high

-49.42%

Change from all-time low

2,675.25%

Change from open

-1.07%

Day's gap

0.01%

Dollar volume

CAD 386,381

High price

CAD 111.27

Low price

CAD 110.08

Monthly RSI

44.97

Open price

CAD 111.27

Position in 52-week range

Previous close

CAD 111.26

Price vs 150-day SMA

-5.2%

Price vs 20-day SMA

-2.1%

Price vs 200-day SMA

-5.09%

Price vs 50-day SMA

-2.82%

Relative volume

1.62

RSI

33.4

Sharpe ratio

-0.34

Sharpe ratio (3Y)

0.05

Sharpe ratio (5Y)

-0.29

Sortino ratio

-0.13

Sortino ratio (3Y)

0.38

Sortino ratio (5Y)

-0.14

Volume

3.5K

Weekly RSI

37.73

YTD price change

-4.3%

YTD total return

-3.81%

Metric	Value
Float	3.8M
Shares change (QoQ)	0.05%
Shares change (YoY)	-0.63%
Shares held by insiders	64.1%
Shares held by institutions	16.8%
Shares outstanding	10.7M
Short % of float	0.1%
Short % of shares	0.03%

Metric

Value

Float

3.8M

Shares change (QoQ)

0.05%

Shares change (YoY)

-0.63%

Shares held by insiders

64.1%

Shares held by institutions

16.8%

Shares outstanding

10.7M

Short % of float

0.1%

Short % of shares

0.03%

TSX/MRC (TSX/MRC)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/MRC

Valuation

Profitability

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Next earnings

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All TSX/MRC indicators

Profile and market data

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Profitability

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Financial statements

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Performance and technicals

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Frequently asked questions