Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MorguardMRCBF 71 Debt-to-Equity is 1.23 as of Mar. 2026, which is 21% below its 10-year median of 1.56. GuruFocus rates MRCBF with a GF Score™ of 71/100 and a GF Value™ of $86.05 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,544 Real Estate companies, Morguard ranks worse than 68.07% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Morguard's Debt-to-Equity or its related term are showing as below:
MRCBF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.23 Med: 1.56 Max: 1.73
Current: 1.23
During the past 13 years, the highest Debt-to-Equity Ratio of Morguard was 1.73. The lowest was 1.23. And the median was 1.56.
MRCBF's Debt-to-Equity is ranked worse than 68.07% of 1544
companies
in the Real Estate industry
Industry Median: 0.73
vs MRCBF: 1.23
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Morguard Debt-to-Equity Related Terms
Morguard Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Morguard's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Real Estate - Diversified subindustry, Morguard's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Morguard Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Morguard's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Morguard's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Morguard (MRCBF) has a Debt-to-Equity of 1.23 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Morguard and its competitors. This is 21% below median its historical median of 1.56. Over the past decade, Morguard's Debt-to-Equity has ranged from 1.23 to 1.73. According to the industry distribution chart, Morguard ranks #1051 out of 1544 companies in the Real Estate industry, placing it in the top 68.1%.
Is Morguard's Debt-to-Equity too high?
Morguard's current Debt-to-Equity of 1.23 is 21% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 1.73. The Real Estate industry median Debt-to-Equity is 0.73. Morguard's value of 1.23 is 68.5% above this industry median. Based on the distribution chart, Morguard ranks #1051 out of 1544 companies in the Real Estate industry, which is below the industry midpoint. Overall, Morguard has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morguard's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Morguard ranks #1051 out of 1544 companies for Debt-to-Equity. This places Morguard in the lower half of its industry. The industry median Debt-to-Equity is 0.73. Morguard's value of 1.23 is 68.5% above this benchmark. Historically, Morguard's own Debt-to-Equity has ranged from 1.23 to 1.73 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 0.73, Morguard has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.73, based on 1,544 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morguard's current Debt-to-Equity of 1.23 is 68.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Morguard and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morguard's current Debt-to-Equity is 1.23, which is 21% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morguard stock overvalued right now?
Based on GuruFocus' analysis, Morguard (MRCBF) is currently considered Fairly Valued. The stock's GF Value™ is $86.05, compared to a current price of $87.14 — trading 1.3% above its estimated fair value. The current Debt-to-Equity is 1.23, which is 21% below median its 10-year median of 1.56 and 68.5% above the Real Estate industry median of 0.73. Morguard's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Morguard (MRCBF), the current Debt-to-Equity is 1.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Morguard (MRCBF) Overvalued in 2026?
Based on GuruFocus' analysis, Morguard stock appears to be overvalued.
The current stock price of $87.14 is trading 1.3% above its estimated GF Value™ of $86.05.
GuruFocus considers Morguard to be Fairly Valued.
Key valuation signals for MRCBF:
Debt-to-Equity: 1.23 (21% below median its 10-year median of 1.56)
GF Value™: $86.05 vs. price of $87.14 (1.3% above fair value)
Industry Position: 68.5% above the Real Estate median (#1051 of 1544)
No single metric tells the full story. See the MRCBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through four business divisions: multi-suite residential, retail, office, and hotel. and the majority of its revenue is generated from the Multi-suite Residential segment. Geographically, the company operates in the United States and Canada. The company also offers real estate management services and property investment advisory services.
71GF Score
Get the complete analysis for MRCBF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MRCBF has been successfully added to your 
