Morguard: Top 10 Undervalued Real Estate Sector Stocks on TSX (MRC)
Morguard is now ranked among the top 10 undervalued stocks in the Real Estate sector on the Toronto Stock 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)
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 |
|---|---|---|---|---|---|---|---|---|
| IVQ-U | Invesque | 0.25 | 0.90 | 0.65 (258.1%) | 3409 | 14.2 | 0.0 | 0.0 |
| IVQ | Invesque | 0.34 | 1.18 | 0.84 (246.5%) | 9408 | 19.3 | 0.0 | 0.0 |
| HOT-UN | American Hotel Inc Props | 1.70 | 3.17 | 1.47 (86.5%) | 62967 | 152.4 | 14.2 | 0.0 |
| INO-UN | Inovalis REIT | 2.70 | 4.67 | 1.97 (72.8%) | 55992 | 88.5 | 15.3 | 0.0 |
| SGR-UN | Slate Grocery | 11.04 | 18.20 | 7.16 (64.9%) | 127799 | 672.3 | 10.5 | 11.2 |
| DRR-U | Dream Residential | 6.12 | 9.82 | 3.70 (60.4%) | 10183 | 77.3 | 6.9 | 0.0 |
| MRG-UN | Morguard North American | 15.22 | 23.33 | 8.11 (53.3%) | 26916 | 592.5 | 4.7 | 6.9 |
| MPCT-UN | Dream Impact | 6.30 | 9.45 | 3.15 (50.0%) | 16799 | 107.6 | 15.2 | 0.0 |
| MRC | Morguard | 101.88 | 145.00 | 43.12 (42.3%) | 2634 | 1117.3 | 0.6 | 0.0 |
| MR-UN | Melcor REIT | 4.20 | 5.75 | 1.55 (36.9%) | 11545 | 67.7 | 11.4 | 9.8 |
All data provided as-at market close October 16, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Morguard
Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: investments in real property, ownership in real estate investment trusts (including Morguard REIT and Morguard North American Residential REIT), and real estate advisory services and portfolio management.
Morguard is listed under MRC 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.
