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MorguardTSX:MRC -0.61%72 EV-to-OCF is 30.62 as of Aug. 18, 2026, which is 6% above its 10-year median of 28.81. GuruFocus rates TSX:MRC with a GF Score™ of 72/100 and a GF Value™ of C$113.24 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,797 Real Estate companies, Morguard ranks worse than 79.41% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Morguard's Enterprise Value is C$6,929 Mil.
Morguard's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was C$226 Mil. Therefore, Morguard's EV-to-OCF for today is 30.62.
The historical rank and industry rank for Morguard's EV-to-OCF or its related term are showing as below:
TSX:MRC'
s EV-to-OCF Range Over the Past 10 Years
Min: 22.77 Med: 28.81 Max: 40.97
Current: 30.62
During the past 13 years, the highest EV-to-OCF of Morguard was 40.97. The lowest was 22.77. And the median was 28.81.
TSX:MRC's EV-to-OCF is ranked worse than 79.41% of 1797
companies
in the Real Estate industry
Industry Median: 7.53
vs TSX:MRC: 30.62
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Morguard's share price for today is C$114.75.
Morguard's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$19.276.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Morguard EV-to-OCF Related Terms
Morguard EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Morguard's EV-to-OCF 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 EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Morguard's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Morguard's EV-to-OCF falls into.
Morguard's current Enterprise Value is C$6,929 Mil.
Morguard's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$226 Mil.
* 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 (TSX:MRC) has a EV-to-OCF of 30.62 as of Aug. 18, 2026. This is near median its historical median of 28.81. Over the past decade, Morguard's EV-to-OCF has ranged from 22.77 to 40.97. According to the industry distribution chart, Morguard ranks #1427 out of 1797 companies in the Real Estate industry, placing it in the top 79.4%.
Is Morguard's EV-to-OCF too high?
Morguard's current EV-to-OCF of 30.62 is near median its 10-year median of 28.81. Over the past 10 years, this metric has ranged from a low of 22.77 to a high of 40.97. The Real Estate industry median EV-to-OCF is 7.53. Morguard's value of 30.62 is 306.6% above this industry median. Based on the distribution chart, Morguard ranks #1427 out of 1797 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Morguard has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morguard's EV-to-OCF compare to competitors?
According to the Real Estate industry distribution chart, Morguard ranks #1427 out of 1797 companies for EV-to-OCF. This places Morguard in the lower half of its industry. The industry median EV-to-OCF is 7.53. Morguard's value of 30.62 is 306.6% above this benchmark. Historically, Morguard's own EV-to-OCF has ranged from 22.77 to 40.97 over the past decade. While the company's 10-year median is 28.81 vs. the industry median of 7.53, 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 EV-to-OCF for a Real Estate company?
The median EV-to-OCF among Real Estate companies is 7.53, based on 1,797 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morguard's current EV-to-OCF of 30.62 is 306.6% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median EV-to-OCF is 7.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morguard's current EV-to-OCF is 30.62, which is near median its own 10-year median of 28.81. 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 (TSX:MRC) is currently considered Fairly Valued. The stock's GF Value™ is C$113.24, compared to a current price of C$114.75 — trading 1.3% above its estimated fair value. The current EV-to-OCF is 30.62, which is near median its 10-year median of 28.81 and 306.6% above the Real Estate industry median of 7.53. Morguard's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Morguard (TSX:MRC), the current EV-to-OCF is 30.62 as of Aug. 18, 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 (TSX:MRC) Overvalued in 2026?
Based on GuruFocus' analysis, Morguard stock appears to be overvalued.
The current stock price of C$114.75 is trading 1.3% above its estimated GF Value™ of C$113.24.
GuruFocus considers Morguard to be Fairly Valued.
Key valuation signals for TSX:MRC:
EV-to-OCF: 30.62 (near median its 10-year median of 28.81)
GF Value™: C$113.24 vs. price of C$114.75 (1.3% above fair value)
Industry Position: 306.6% above the Real Estate median (#1427 of 1797)
No single metric tells the full story. See the TSX:MRC 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.
72GF Score
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